Licenses

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

Singapore

Regulated as a Major Payment Institution by the Monetary Authority of Singapore (MAS). License number: PS20200433

Hong Kong

Regulated as a Money Service Operator by the Customs and Excise Department Hong Kong (MSO). License number: HKCE19-12-02935

Indonesia

Licensed as Funds Transfer Provider under regulation of Bank Indonesia. License number: 20/235/DKSP/83

Malaysia

Licensed Money Service Business as Remittance Business (class B) by Bank Negara.
License number: 00569

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Disclaimer:

Wallex, a business unit of M-DAQ Global Pte. Ltd., is a leading FX and payments specialist for B2B companies transacting in Asia. It is licensed and regulated by authorities in Singapore, Hong Kong, Indonesia, and Malaysia, and the only official domain is https://www.wallex.asia/. The Company does not operate in and is unable to support payments to countries subject to international sanctions, including Iran.

For inquiries or further clarification, please contact us at contact@wallextech.com or reach out to your Account Manager.