Airwallex Singapore review [2027]

Airwallex is a business account platform for multi-currency payments. Explore its fees, features, customer reviews and more

Key takeaways

• Airwallex offers multi-currency accounts, business cards and international transfers
• Airwallex supports local payment methods in 120+ countries, while its international transfer network covers 200+ countries
• World Account by WorldFirst supports 20+ currencies, marketplace payouts and international payments

Airwallex provides Singapore businesses with multi-currency business accounts, corporate cards and international payment services.¹ Its platform supports receiving and holding funds in 20+ currencies, local and international transfers, and business card management.¹

But, there are some extra costs attached to the account like additional spend users cost S$5 per user per month, while API pricing is not publicly disclosed and requires custom pricing.² SWIFT transfers also cost S$20–S$35 per transaction.² This review covers Airwallex’s features, fee structure, customer reviews and explores a multi-currency account, the World Account by WorldFirst.

Airwallex pros and cons

→ You can also explore Airwallex alternatives and compare their features and fees

Airwallex fees in Singapore

*Fees checked in August 2026. Airwallex states that prices are in SGD and exclude GST

Key Airwallex features

Multi-currency account

Airwallex Global Accounts let businesses receive and hold funds in 20+ currencies through local account details.¹ Singapore businesses can receive SGD, USD, EUR, GBP, HKD, JPY, AUD and other supported currencies, with Singapore accounts supporting FAST, GIRO and MEPS for SGD and SWIFT for supported currencies.¹ Funds can remain in their original currency and be used for international payments, removing the need for immediate conversion.¹

Payment links and APIs

Payment links let businesses collect payments without building a checkout page.⁴ Links can be shared through email, social media or messaging channels and support 160+ payment methods.⁴ Airwallex also provides APIs for generating payment links and automating payment workflows.⁴

Platform APIs can automate account creation, payouts, FX and other financial workflows.⁴ APIs are priced separately and not disclosed on the website.^2,4

International transfers

Airwallex supports transfers to 200+ countries and 60+ currencies, with local payment routes available to 120+ countries.^2,5 Its Singapore payout network includes FAST, GIRO and MEPS for SGD, alongside SWIFT transfers for supported currencies.¹ FAST transfers typically take 0–1 business day, GIRO 1–2 days and SWIFT 0–3 days.¹

Business cards

Airwallex Corporate Cards include multi-currency company and employee cards that can be used for online and in-store purchases.⁶ Businesses can set spending limits, control merchant categories, freeze or cancel cards and monitor transactions from the platform.⁶

The Explore plan includes 10 company cards and five spend users, Grow includes up to 50 company cards, and Accelerate includes unlimited company cards.^2,6 Cards can spend from held currency balances, with zero foreign transaction fees when paying from those balances.^2,6

→ Here’s a feature-by-feature comparison between the World Card vs Airwallex Card

Marketplaces

Supported e-commerce platform integrations include marketplaces such as Amazon, Lazada and Shopee.³  Sellers can hold proceeds in the received currency and use those balances for international supplier payments.³

How to open an Airwallex business account in Singapore

Here are the steps to open an Airwallex business account for your Singapore-registered company:

• Sign up online: Visit the Airwallex Singapore website, register with your business email and create a secure password
• Add company details: provide your business name, UEN and registered address. Airwallex supports most Singapore entities, including private limited companies and sole proprietors
• Verify your business: upload the required documents, including each director’s NRIC or passport, proof of address and your ACRA business profile, for Airwallex’s compliance checks
• Wait for approval: once submitted, Airwallex typically verifies your details within one to three working days
• Activate your account: after approval, log in to open SGD and foreign currency wallets, send and receive payments and issue virtual or physical cards
• Connect business tools: Link Airwallex to accounting or e-commerce platforms such as Xero, QuickBooks, Shopify or Amazon to streamline financial operations

Airwallex Singapore customer reviews

Trustpilot: 2.9/5 from 2,545 reviews

• Reviewers mention helpful and professional staff and an easy-to-use platform for multi-currency accounts and international transactions
• Some customers report delayed payments, account holds and difficulty accessing funds
• Slow email responses and challenges reaching human support are also recurring complaints

*Ratings and reviews checked in August 2026

G2: 4.2/5 from 54 reviews

• Reviewers highlight ease of use, multi-currency accounts, international payments and integrations
• Recent reviews mention a straightforward interface and support for Amazon-related seller payments
• Some reviews raise concerns about customer service, account issues and communication during support cases

*Ratings and reviews checked in August 2026

The Airwallex alternative: WorldFirst

WorldFirst is a payments provider offering the World Account, a multi-currency account for businesses. It provides local receiving accounts in 20+ currencies, including SGD, USD, GBP and EUR. Businesses can use local account details to receive payments in supported currencies, hold the funds in the relevant balance or use them for international payments. It also supports payments in 100+ currencies across 200+ countries and regions.

The World Account connects with the World Card, a Mastercard-powered multi-currency cards supporting payments in 150+ currencies. No fees apply when paying in 15 supported currencies via the card with sufficient balance held.

Additional features of the World Account

• Up to 20 virtual cards for business available at no extra cost
• Use forward contracts for managing currency exposure
• Pay Chinese suppliers via World Pay, the authorised international payment provider for 1688.com
• Integrate with Xero and NetSuite for reconciliation
• Cashback may be available on eligible World Card spending, subject to terms and conditions. You can also go through this list of the best cashback debit cards available in Singapore
• Receive payments from 130+ marketplaces and payment gateways, including Amazon, Lazada, Shopee, Shopify, Stripe and Etsy

→ Go through this head-on comparison between WorldFirst vs Stripe vs Airwallex

Head-to-head comparison table (Airwallex vs WorldFirst)

*Fees checked in August 2026

FAQs

1. Is Airwallex available in Singapore?

Yes. Airwallex operates in Singapore as a Major Payment Institution regulated by the Monetary Authority of Singapore (MAS).

2. How much does Airwallex cost in Singapore?

Airwallex’s Explore plan has zero monthly fees. The Grow plan costs S$79 per month and Accelerate starts from S$399 per month, excluding GST.2 Additional transaction and spend-user/cross-border fees may apply.

3. Does Airwallex offer a multi-currency account?

Yes. Airwallex Global Accounts support receiving and holding funds in 20+ currencies through local account details in supported markets.

Source

1. https://www.airwallex.com/en-sg/business-account/global-accounts
2. https://www.airwallex.com/en-sg/pricing
3. https://www.airwallex.com/en-sg/integrations
4. https://www.airwallex.com/en-sg/payments/payment-links
5. https://www.airwallex.com/en-sg/business-account/transfers
6. https://www.airwallex.com/en-sg/spend-management/cards