Airwallex: fees, currencies and how to apply.
Global collections, FX and cards for ecommerce and marketplaces
- 1-3 weeks
- Time to open
- 4.7
- Advisor score
- Paid plan
- Monthly cost
- Time to open
- Typically 1-3 weeks
- Currencies
- Hold 20+ currencies, pay out to 100+ countries
- To open
- No minimum in most regions; EU free plan needs about EUR 10k held
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What Airwallex actually is
Airwallex holds payment or e-money licences market by market, including with the MAS in Singapore, the FCA in the UK and ASIC in Australia. It is not a bank in any of them.
The strength is the stack: collection accounts in 20+ currencies, a payment gateway, corporate cards and spend controls, plus an API. It is a natural fit for a group incorporated in Asia-Pacific that sells into several markets.
Fees and pricing
Checked against the provider's published pricing in September 2026. Figures vary by country and plan.
- Monthly fee
- Free entry plan in most regions; in the EU about EUR 19 unless roughly EUR 10,000 is held
- Minimum to open
- None in most regions
- Local transfers
- Free in most currencies
- SWIFT transfers
- From about USD 10 per payment
- Currency conversion
- Interbank rate plus about 0.5% to 1% by region
- Cards
- Unlimited virtual cards included
Where it works well
- Collections, gateway, cards and FX in one platform
- Strong Asia-Pacific coverage and local entity licensing
- Free entry plan in most regions
Watch out for
- Onboarding asks for detailed flow-of-funds evidence
- EU free plan requires a held balance
- Not a bank, so funds are safeguarded rather than insured
Who can open it
- A registered company in a supported market, most commonly HK, SG, AU, UK, EEA or US
- Clear flow of funds documentation for the collection currencies you request
- Regulated and high-risk sectors reviewed case by case
Documents to prepare
- Certificate of incorporation and company registry extract
- Passport and proof of address for every director and owner above 25%
- Description of the business, customers and expected monthly volumes
- Ownership chart including intermediate holding entities
- Marketplace or gateway statements showing current volumes
Ready to apply to Airwallex?
Have the documents above ready and the application usually takes under 20 minutes.
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