Wallex | International Money Transfer Solutions for Business

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More than just money
transfers for your borderless business

Experience smart, customised, low-cost payment solutions for your growing business.

International Payments | FX Conversions | Multi-Currency Wallet | Local Receiving Accounts

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Licensed and Regulated in Singapore, Indonesia and Hong Kong

$ 2.3 Bn

Moved

100000+

Transactions

25000+

Customers

46

Currencies Supported

Manage all cross-border payments and collection needs in one easy to use platform.

Make international payments, convert FX, collect with local currency bank accounts in countries and currencies that matter most to your business.

Pay

Make global payments to 180+ countries

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Collect

Accept international payments

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Wallet

Manage 14 currencies with multi currency wallets

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Convert

Trade FX at competitive exchange rates

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Created by potrace 1.16, written by Peter Selinger 2001-2019
Marugame Udon
Smailing Tour
Ismaya

Our Customers Speak Volumes For Us

We have worked with some of the most successful companies in Asia for their currency exchange and global payment needs.

Wallex has a friendly exchange rate. They also have a quick response and reliable customer service. Wallex enables us to save money from expensive transfer costs.

Liliana Bambang
CFO, Investree

After using Wallex, we reduced international transfer fees by up to 50-60%. This is an example of a financial services platform that allows businesses to run more efficiently and practically.

Akhmad Nurhidayat,
CFO, Marugame Udon Chain of Restaurants

Wallex allows for fast collection of funds in USD at very competitive rates! With my earlier provider we were restricted to receiving and sending payments from limited countries. Now there are no such restrictions.

Mr.Toh, Director,
Aqueous Infinite Pte Ltd

The Best Platform for Sending Money Abroad. I am glad to know Wallex. Wallex helped me a lot to pay goods for my Supplier in Korea and China. Let's say good bye to expensive fee and good bye to long queueing at bank

Dewi Permata Sari,
Shopee Marketplace Vendor

Wallex is prompt and efficient . The new digital era of money transfer and live foreign currency exchanges that you shouldn’t be missing out

Hong Peiqin, Director

Whatever your business needs, we are here to help you succeed

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For Global Businesses

Cost efficient, fast and secure payment solutions for global businesses - on a single intuitive online platform.

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For Fintechs

Leverage our infrastructure to build seamless cross border offerings in to your customer offering.

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Developer API

Powering Fintechs 2.0

Wallex infrastructure solutions are powering the next generation of young, nimble and hungry-for-growth fintechs.

With our customisable APIs, leading fintechs in Asia are innovating and scaling their businesses. Make cross border capabilities available within your existing platform by seamlessly integrating with our platform.

With our white label solution Xip, you can launch your own mobile remittance app in just 3 weeks.

So, what are you waiting for?

Learn more about Wallex for Fintechs Developer Docs
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Set up international payment
(47 currencies)

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Manage international collections
(31 currencies)

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Monitor transactions for compliance

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Provide local currency conversions

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Onboard customers and beneficiaries

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Receive real-time notifications

Security

Fully regulated and secure

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

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

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

hongkong

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

Licensed and Compliant

Fully licensed and regulated by the Monetary Authority of Singapore (MAS), Bank Indonesia (BI) and Hong Kong Customs and Excise Department (HKCED)

End-to-end encryption

Communication between Wallex infrastructure and financial institutions are transmitted over encrypted tunnels. This means that all your data, and money, is secure.

Frequently Asked Questions

The internet has improved our lives in many ways yet corporate payments remain left behind in the form of old and clunky banking systems. Wallex aims to provide customers with a powerful digital corporate FX solution that allows businesses to pay, receive, hold or convert funds in multiple currencies, all via our secure electronic platform.

Wallex allows you to hold balances in different currencies. This enables you to hedge your foreign currency needs in advance and protect your business against unnecessary FX losses.

Wallex holds a licence as a Major Payment Institution, issued by the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019. We are also licensed and regulated in Hong Kong and Indonesia. All customer funds are safeguarded and kept in a customer segregated account which is separate from all other Wallex operations accounts. We operate within a very strict framework both for compliance and for the safety of funds in our custody.

When you transfer money via banks, not only are you charged a high processing fee, you are also exposed to excessive FX margins. The process is also lengthy and troublesome. With Wallex, not only do we give you access to rates that can slash your transaction costs by as much as 70%, you are also able to make global payments in minutes.

We enable overseas payments and FX conversions in 46 major currencies to 180 countries in the world including USD, GBP, EUR, HKD, AUD, JPY amongst others.The full list of supported currencies is available for Singapore and Indonesia customers. We are constantly widening our currency offerings, do talk to us for any specific requests.

For international payments in Singapore Dollar and Indonesian Rupiah, our average processing time is under an hour. We also deliver same day payments for 20+ currencies including USD, EUR, GBP, HKD, INR, MYR and more for funds received before the daily cut off time. Depending on the currency you are making the payment in you can expect your funds to reach from the same day to 2 working days upon our receipt of your funds.

Our services are designed for business, so we can capably handle frequent and high value transactions on your behalf. With our Bulk Payments feature you can also set up and execute multiple transactions at the same time.

Yes ! You can open a global receiving account in Singapore Dollar, US Dollar, Euro, Sterling Pound and Indonesian Rupiah in an instant. Your customers can make payments to you in SGD, USD, EUR, GBP and IDR as if they were making a local payment - thus saving you and your customer valuable time and money.

It’s free to open an account. We don’t charge any subscription and maintenance fees or fees for receiving money. There are no minimum balance requirements either. We charge a flat % fee based on the currencies that you wish to make a payment in. The conversion is done for you at extremely competitive near mid-market rates. Say goodbye to obscure exchange rates and Hello to price transparency!

Start with signing up for your Wallex account. There is no cost or no minimum commitment when you sign up. Once your account is verified, you can start accessing all of Wallex’s offering including cross border payments, local conversions, e-wallets as well as virtual receiving accounts.

Investors

Backed by world class investors and experienced entrepreneurs.

Join us on our journey to revolutionize cross-border commerce alongside thousands of customers already using Wallex to transform the way they do global business.

BAce Capital
Skystar Capital
SMDV

Get started with Wallex now

Get in touch or create an account.