Convert FX at competitive rates

Get near mid-market FX rates when you convert. Hedge against FX volatility and risk by timing your conversions to when rates are favourable to you.

Market-beating FX rates

Access the most competitive rates in the market powered our strong panel of liquidity partners​.

  • Enjoy near mid-market FX rates
  • Attractive pricing for Asian currencies
  • Free to get started, no commitments to use

More you trade, more you save

Avoid paying the hefty premiums imposed on you by banks and other remittance providers — with zero hidden fees on every conversion. Our clients have saved thousands of dollars in annual conversion fees by choosing the Wallex network for FX conversions.

  • Get customised FX rates tailored to the needs of your business
  • Reduce the cost of international business and operations
  • Fully transparent pricing, zero hidden fees

Trade foreign currency confidently

Stay in control and trade FX with confidence. Our customised rates ensure that the more you trade, the less you pay. Check out our market-beating FX rates with our currency calculator here.

  • Hold multiple currencies and decide when to trade
  • Gain better control over your cash flow with real-time conversions
  • Limit your exposure to FX volatility

Outperform Bank Rates

See how it compares to traditional bank saving accounts:

Syfe Earn
Bank Saving Account 
SGD
Up to 2.0% returns p.a.
~0.05% p.a.
USD
Up to 2.5% returns p.a.
~0% p.a.

The Wallex Business Solutions Suite

Meet all your cross-border currency and transaction needs on one platform

Get started to send money in 3 easy steps

Step 1 : Create your account
Sign up with Singpass and share relevant documents to support your application.
Step 2 : Tell us about your business
Share information about your business requirements that will allow us to tailor our services to your needs.
3. Start transacting
Once approved, you can start adding beneficiaries, create virtual accounts and set up your international payments through our online platform.

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FAQs

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Which foreign currencies do you support?

You can convert your funds into one of our 47 supported currencies, which includes USD, EUR, GBP, SGD and JPY.

Is Wallex a better alternative to banks?

For businesses looking to make cross-border transactions, Wallex is a more cost-efficient and faster alternative to banks, which operate on legacy systems and thus face higher costs. Being a startup, Wallex is leaner than banks and have lower costs as a result. Thus, we are able to pass on these savings to our customers and offer better rates.

How long does it take to convert my money?

Conversions take place in real-time, so your converted funds will be in your Wallex business account immediately.

How long is the rate guaranteed for?

This depends on your selected mode of transmission as well as the location to which you are sending. Different currencies have different rates due to the volume of the market as well as the various modes of transmission available.

Where can I check your rates?

You can check indicative rates with our currency calculator here. If you're looking to make high-value transactions, please get in touch with your account manager.

Supporting your business is our business.

Confidently expand your business and enter new markets with Asia's leading cross-border payments and FX solution.