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Opening an account in Airwallex payment system (Singapore)
- Price:500 EUR
- Term:about 5 days
Airwallex is Singapore's global payments and finance platform, operating since 2015. The fintech company is licensed to provide financial services in various countries, including the US, Australia, Canada, Hong Kong, Malaysia, New Zealand, the Netherlands, and the UK.
The platform provides international transfer services, virtual multi-currency accounts, bill payment automation and expense management, as well as API integration. Airwallex is known for its speed, cost-effectiveness and compliance with international safety standards, making it popular with more than 100,000 companies worldwide. In 2024, Airwallex took first place in the best fintech banking solutions ranking.
The payment system works in partnership with reputable banks such as DBS, JP Morgan, Standard Chartered, ANZ and others.
- Issue virtual multicurrency corporate cards (Visa). There are no fees for transactions with foreign cards.
- Open global accounts with local bank details (over 60 countries) and digital wallets in more than 23 currencies, including USD, GBP, EUR, AUD, CNY, HKD and CAD.
- Airwallex connects to software including accounting platforms such as Xero, Quickbooks and Netsuite, as well as e-commerce platforms such as Shopify and WooCommerce.
- A mobile application for financial management and an automatic invoicing option is available for iOS and Android.
- International transfers SEPA, SWIFT to more than 150 countries.
- SWIFT payments in currencies: AUD, CAD, CHF, CNY, CZK, DKK, EUR, HKD, HUF, JPY, MXN, NOK, NZD, PLN, RON, SEK, SGD, USD and ZAR.
- The payment system is suitable for e-commerce businesses, as you can set up payments from your online store.
- They open accounts for English LPs, LLPs, General Partnerships, but do not accept companies with bearer shares for service.
- Airwallex is licensed for money transfers in 40 states of America.
Airwallex serves companies registered in Australia, China, EU, Malaysia, Singapore, Hong Kong (China), UK, USA, Canada and other countries. Accounts are opened for foreign companies whose directors and/or beneficiaries are citizens of Ukraine.
Only opening business accounts is available. Also, merchant services.
Opening an account with Airwallex does not require a personal visit. All processes, including registration, verification, and account management, can be completed entirely online through a convenient and secure platform. This allows companies to quickly and efficiently start using Airwallex services without having to visit offices or branches.
Please note that according to international standards for opening accounts, each payment system is required to adhere to the KYC procedure and, therefore, will require documents and data confirming identity, business, and wealth for identification. Also, a financial institution may, based on its internal rules, refuse cooperation without giving reasons.
In order to avoid such negative consequences, contact specialized lawyers for preliminary consultation on opening foreign accounts, and we will tell you all the nuances of how to open an account in the Airwallex payment system.