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Designed to streamline and simplify how you collect funds from international customers, Wallex global collection accounts enable you to accept local currency bank transfers from clients, customers or marketplaces using the local or SWIFT clearing system.
Collecting payments from your corporate clients, international market places is incredibly easy with a Global Collection Account
Set up your Wallex Account and activate your USD, EUR, GBP, IDR accounts.
Share relevant account number with your client company, marketplaces.
Your customer makes a payment via local bank transfers or through SWIFT . Once funds are received, they reflect in your Wallex Wallet.
Hold, convert, withdraw or make FX Payments from your Wallet balance.
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
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)
Communication between Wallex infrastructure and financial institutions are transmitted over encrypted tunnels. This means that all your data, and money, is secure.
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?
Set up international payment
Manage international collections
Monitor transactions for compliance
Provide local currency conversions
Onboard customers and beneficiaries
Receive real-time notifications