Created by potrace 1.16, written by Peter Selinger 2001-2019

Global Collection Accounts enable you to receive local bank payments from companies or marketplaces abroad.

Cheaper for you

Collect funds in multiple currencies like USD, GBP, EUR, IDR with no charges. With a global receiving account, you reduce FX loss by avoiding unfavourable rates and fees imposed by Banks and save on multiple conversion fees, thereby increasing your net earnings.

Cheaper for your customers

Give your client companies an easier, cheaper and faster way to pay you in their preferred currency and with their local transfer methods - without any charges on international transfers.

Faster Account Opening

Get USD, EUR, GBP account details in your company name for free, in seconds. It is a great alternative to opening local bank accounts overseas saving you time, money and effort in the process.

Better Financial Control

Reduce your business's working capital needs with no minimum balance requirements for the accounts and no bank charges. Centralise all collections into your Wallex wallet and benefit from clear reconciliations and reporting.

Accept payments from international marketplaces and foreign customers

Designed to streamline and simplify how you collect funds from international customers, Wallex global collection accounts enable you to accept local bank transfers from clients, customers or marketplaces as if they were a local payment, using the local or SWIFT clearing system.

Expand business to global marketplaces, platforms or partners that require USD, EUR, GBP or IDR based bank account details to receive payments. Get more control on disbursements, avoid unfavourable exchange rates and choose when you want to use Wallet funds.

Enter new markets and give foreign customers a low-friction, low-cost method to pay by accepting local bank transfers with account details from the US, UK, Europe , Singapore or Indonesia.

A quick, easy and economical way for your clients in the US, UK, Europe or Indonesia to pay you. Simply provide bank account details to your clients and start accepting payments as if they're local bank transfers.

Collecting payments from your corporate clients, international market places is incredibly easy with a Global Collection Account

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Set Up Your Global Receiving Accounts

Set up your Wallex Account and request RM to activate your USD, EUR, GBP, IDR accounts

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Share with Clients

Share relevant account number with your client company, marketplaces

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Receive Payments

Your customer makes a payment via local bank transfers or through SWIFT . Once funds are received, they reflect in your Wallex Wallet

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Manage Funds

Hold, convert, withdraw or make FX Payments from your Wallet balance

Security

Collect funds securely

Wallex works closely with financial regulators and maintains the highest security standards to protect your data – and your organisation.

Licensed and Compliant

Fully licensed and regulated by the Monetary Authority of Singapore (MAS) and Bank Indonesia (BI).

End-to-end encryption

Communication between Wallex infrastructure and financial institutions are transmitted over encrypted tunnels. This means that all your data, and money, is secure.

Developer API

Ready to innovate?

With developer-friendly infrastructure, your business, at whatever size will have what it needs to seamlessly integrate cross-border capabilities into your existing platforms.

Developer Docs

Pay

Make payments to 180+ countries

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Collect

Accept payments around the world

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Wallet

Hold and manage 40+ currencies

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Convert

Trade fx quickly and confidently

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Ready to get started?

Get in touch or create an account.