Wallex Blog

Easily send SGD to MYR for your business transactions. Discover secure and efficient cross-border payments. Learn more.

Explore the potential consequences of de-dollarization on the global economy. Understand how a shift away from the US dollar as the world's primary reserve currency could impact international trade, financial markets, and geopolitical dynamics.

Recessions can have a significant impact on foreign exchange (FX) rates, which can result in losses for businesses and individuals who have exposure to multiple currencies. In this article, we will explore the relationship between FX rates and a recession and how to protect your business from the risks.

Take a look at the payment options available to businesses, which include SWIFT network payments.

Discover the meaning of IBAN numbers and bank SWIFT codes. Learn how IBAN works and its role in international payments. Read more about IBAN and SWIFT with Wallex.

Historically, international payments were always time-consuming and arduous. Only about two decades ago, making a cross-border payment would require you to go to your local bank and fill up a transfer form manually. In addition, these global payments always came with a hefty fee, be it .

ACH, which stands for Automated Clearing House, is a network used to send and receive money between bank accounts. This payment system, which uses the ACH Network, was established in the 1960s to

Unravel the distinction between Intermediary Banks and Correspondent Banks. Make informed choices for your cross-border transactions.

A wire transfer is an electronic transfer of money from one bank account to another, either domestically or internationally. A telegraphic transfer is an older form of wire transfer that is still used in some countries.

Since integrating Wallex into its operations, La Cosecha has saved over 40% of its international payment transaction costs. Here’s how Wallex has improved the company’s internal processes and opened the doors to the potential for international expansion.

Remittance is the cross-border transfer of funds from one entity to another. The term remittance is derived from its root word of remit, which means to “send back”.

Experience swift cross-border transactions with Kapital Boost using Wallex's seamless international payment solutions. Discover more now!

Learn about the necessary documents for corporate banking and expert tips to efficiently handle them. Start managing your finances today!

To work with suppliers internationally, Omnidesk uses Wallex to send USD and CNY to China as well as MYR to Malaysia. They also use Wallex to convert SGD to USD, CNY and MYR before doing so - holding these currencies in their multi-currency wallet for easy accessibility.

Learn about the significance of the MT103 document and how to use it effectively for business.

Discover how Marugame Udon Indonesia achieves higher efficiency in international operations with Wallex Account. Learn more now!

Learn how Edtech firm ErudiFi easily sends, holds, and receives USD, IDR, and PHP through Wallex for seamless cross-border payments.

Bulk payments, also known as batch payments and mass payments, are the perfect method for businesses that make regular payments. Each time you wish to make a transaction, it can take a lot of time and resources with the amount of information you have to gather to do so.

Learn how ViBiCloud maximizes growth with Wallex for cloud solutions. Explore the benefits of seamless international payments and currency risk management. Click to discover more.

Making payments from Singapore to the USA is easy once you understand how it works. In this guide, we will explain how it works, the options you have, what information you need, how long it takes, and all you ever needed to know about making business payments to the USA.