Operate without limits with a single multi-currency business account

Hold and manage top global and Asian currencies with the Wallex business account — powered with global payments, FX conversions, virtual accounts and cards for a complete cross-border payment solution.

13 currencies in one wallet

Hold and manage between 13 different currencies in our multi-currency wallet.

  • Use your Wallet in combination with powerful global payment tools
  • Reduce your transaction costs when making or receiving payments in foreign currencies
  • Time payments and conversions when FX rates are favourable to you

Complete control with competitive FX rates

Streamline your cross-border operations and reduce the impacts of FX volatility while getting access to competitive near mid-market rates — the more you trade, the more you save.

  • Minimise FX costs with better than bank exchange rates
  • FX rates customised to your business needs
  • The more you trade FX with Wallex, the greater your savings

Fast, simple, powerful business account

Expedite your entry into new markets and streamline the way you do business across borders with the Wallex multi-currency business account.

  • Connect seamlessly to powerful cross border tools designed for businesses
  • Competitve FX rates on top global and Asian currencies
  • Expedite your entry into new markets with hassle-free account setup

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.

Featured resources

Stay updated on the latest news from Wallex

FAQs

Have a burning question? View our resources here.

What's the difference between a Wallex multi-currency business account and a bank account?

The Wallex multi-currency business account allows you to pay, collect, convert, and hold 13 different currencies including USD, GBP, EUR, SGD, HKD and more. Incoming funds are not automatically converted to your local currency so you save on multiple FX costs and it also streamlines your business processes.

Is there a minimum balance I must maintain?

No, you do not need to maintain a minimum balance in your Wallex multi-currency business account, nor will there be penalties charged.

What are the rates for using the Wallex multi-currency business account?

The Wallex multi-currency business account is free to use for onboarded users. Fees are only charged when you make payments, collections or conversions.

Can I transfer my SGD to USD within the account?

Yes. The Wallex multi-currency account enables you to transfer between 13 currencies in your Wallet seamlessly at competitive, near mid-market rates.

How long can I hold funds in other currencies?

You can hold your foreign currencies as long as you want. There is no time limit or restriction on holding your funds.

Supporting your business is our business.

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