Overview

• Airwallex is a global financial technology company headquartered in Singapore, originally founded in Melbourne, Australia. Recognized as one of the world’s leading fintech unicorns, Airwallex is licensed and regulated in multiple jurisdictions, including Australia, the United Kingdom, Hong Kong, the United States, and Singapore.The platform is designed specifically for businesses of all sizes—ranging from startups and e-commerce merchants to large enterprises—seeking streamlined cross-border financial operations. It offers multi-currency accounts, foreign exchange, international payments, corporate cards, and expense management tools within a single digital platform.With the ability to open local currency accounts in over 20 countries and send payments to 150+ destinations, Airwallex enables businesses to operate globally with speed, transparency, and efficiency.

Services Offered

Account Types: Business Accounts (no personal accounts)

Currencies Supported: Hold and manage 20+ currencies (USD, GBP, EUR, AUD, CNY, HKD, CAD, SGD, JPY, NZD, CHF, etc.)

Banking Services:

• Global/local currency multi‑currency accounts with local bank details (“Global Accounts”) in 20+ countries
  
• High‑speed international transfers & FX, at interbank rates
  
• Multi‑currency corporate cards (Visa) – virtual & physical, for company & employee spending
  
• Expense management: submit, approve, track expenses from one platform
  
• Bill Pay: automated domestic and international vendor payments
  
• Online & mobile banking interface, dashboard access 24/7
  
• Payment acceptance: collect global payments via plugins, links, checkout gateway; support 160+ methods
• APIs & embedded finance: programmatic account creation, FX, payouts, and card issuing

Integrations: Syncs with popular platforms like Xero, QuickBooks, Shopify, Amazon, marketplaces

Required Documentation for Bank Account Opening

 For the Business Entity

• Business registration certificate or certificate of incorporation
• Business address proof (e.g., utility bill, bank statement)
• Tax Identification Number (e.g., EIN, VAT number if applicable)

 For Directors & Beneficial Owners (25%+ ownership)

• Government-issued ID (passport, driver’s license, etc.)
• Proof of address (e.g., utility bill, bank statement, lease agreement)

 Additional (may vary by region or business type)

• Business website or description of activities
• Bank statements or invoices (to confirm legitimate operations, if requested)
• UBO declaration (Ultimate Beneficial Owner form)

Account Opening Process

1. Online application via Airwallex website or app
2. Upload documents (business registration, ID, proof of address, etc.)
3. KYC/compliance review by Airwallex’s verification team
4. Approval & issuance of your multi-currency account
5. Account activation once approved
6. Initial funding & usage — deposit funds and start transacting

Airwallex Account Opening Summary