Powerful business account for all your multi currency needs
Accelerate your journey to the global marketplace with a Wallex account — designed for your business's needs to pay partners in multiple currencies on an intuitive online platform.
Global Payments and FX solutions built for Asian businesses
The Wallex platform is an international payment solution designed to empower businesses with greater speed, support and savings.
Pay partners globally
Make international payments in 47 currencies via our online platform.
Convert FX at bank beating rates
Convert FX in 47 currencies at near mid-market rates with real-time execution of every order from a global network of liquidity providers.
Hold and manage 13 currencies
Maintain liquidity in 13 top global and Asian currencies in your business account, timing your payments and conversions to when rates are favourable.
Get paid like a local
Receive global payments in USD, GBP, EUR, SGD, IDR and more as if you have a local bank account.
Designed for businesses
Streamline and strengthen your processes with bulk payments, maker-checker workflows, and transaction tracking.
Regulated and secure
Wallex is licensed and regulated in Singapore, Indonesia and Hong Kong.
Pay partners and staff wherever they are
Make seamless and fast cross-border payments to business partners and employees in 47 currencies with the most competitive, near mid-market rates.
Receive payments like a local in 36 currencies
Set up virtual accounts in any of our supported 36 currencies to collect overseas payments and operate as if you have a local currency bank account.
A multi-currency wallet for global business
Hold and manage 13 top global and Asian currencies in a Wallet that connects to powerful global payment tools for a complete cross-border solution.
Competitive FX rates
Convert FX in 47 currencies at near mid-market rates when rates are favourable to you. Get real-time execution of every order with Wallex's global network of liquidity providers.
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FAQs
Have a burning question? View our resources here.
Wallex brings international payments, collections, and FX conversions into one platform with near mid-market rates, ensuring you'll have a much more streamlined experience while saving on every transaction.
You can pay suppliers in 47 currencies, collect funds in 36 currencies, and hold 13 top and Asian currencies. You can also access business-friendly features such as transaction tracking, maker-checker workflows, and bulk payments.
Yes, you can make payments in USD, and also receive USD with Wallex's virtual accounts.
Setting up an account takes only a few minutes. Once that is done, you'll need to provide some documents to be fully onboarded, and then you can begin transacting.
As a Singapore incorporated entity, here are the key documents you'll need:
· ACRA Company Profile
· NRICs/Passport and proof of address of all the Ultimate Beneficial Owners and users
· Shareholder entity information (if shareholder is a corporate)
· Signed copy of User Authorisation Form
Foreign entities will require the addition of:
· Incorporation Documents
· NRICs/Passport of Directors
Please note that the documents needed will also depend on where your business is incorporated and which is the relevant Wallex entity you are transacting with. A Corporate Profile of the company as well as the identifying documents of the shareholders is usually the starting point. We may require more documents as well depending on the nature of the business.
Supporting your business is our business.
Confidently expand your business and enter new markets with Asia's leading FX and payments specialist.