High growth businesses choose Wallex
Get bank details in 36 currencies
Get virtual account details in your customer's countries like the US, UK, Europe, Indonesia in your company name – and operate as if you have a local currency bank account. Simply share your account details with your partners and receive your funds like a local bank transfer.
- Virtual accounts in 35 currencies around the world
- Receive foreign currencies as if it were a local payment
- Activate with the click of a button
Cheaper for you and your customers
Collect payments across different currencies including USD, GBP, EUR, SGD, IDR, HKD and more with Wallex's global receiving account. Reduce your FX loss by avoiding multiple conversion fees and high FX margins imposed by banks.
- Skip the hassle of opening bank accounts and maintaining balances in multiple currencies
- Best alternative to expensive bank transfers and fees
- Foreign customers now have a low-friction, low-cost method to pay you
Improved workflows & financial control
Enjoy clearer reconciliations and easier reporting by centralising multi-currency accounts receivables into your Wallex account.
- See all your Accounts Receivables in one dashboard
- Get better financial visibility for your business
- Save time and effort with clear and concise reporting
Fuel growth with faster go-to-market
Expand your business into global marketplaces and platforms that require USD, EUR, GBP or IDR account details to receive payments. Manage disbursements more effectively, avoid unfavourable FX rates, and decide when to use Wallet funds.
- Accelerate your journey to the global marketplace
- Hold, convert, withdraw or make FX payments from your Wallet balance
- Minimise FX loss to unfavourable conversion fees
Outperform Bank Rates
See how it compares to traditional bank saving accounts:
Collect international payments seamlessly with a Global Collection Account
Login to your Wallex account and activate your receving account in your desired currency.
Share relevant account number with your client company, marketplaces.
Your partners can make payments to you via wire or telegraphic transfers. Once funds are received, they reflect in your Wallex account dashboard.
Hold, convert, withdraw or make FX payments from your Wallet balance.
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FAQs
Have a burning question? View our resources here.
You can set up virtual accounts in 36 currencies including USD, GBP, EUR, and Asian currencies such as SGD, HKD, CNH and THB. Find a detailed list here.
Yes. Once you have a Wallex account set up, you can activate your global collection account with a single click.
You can open a virtual Collection account from your Wallex dashboard once you have been onboarded. It takes only seconds to create a virtual Collection account. Please note that this applies only to selected currencies.
Yes. You can collect payments by bank transfer as long as the currency is supported by our platform. View the currencies we support collections in here.
This depends on the type of channel your sender chooses. Transfers made via the Local channel can be completed in minutes, while those made via wire transfer can take a business day or more.
Supporting your business is our business.
Confidently expand your business and enter new markets with Asia's leading cross-border payments and FX solution.