Wallex | Best Way to Collect & Receive International Payments

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Collect funds globally

The best way to receive international payments

Get bank details in US, UK, Europe, Singapore or Indonesia – and operate as if you have a local currency bank account.

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Licensed and Regulated in Singapore, Indonesia and Hong Kong

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

Receive local bank payments from companies or marketplaces abroad via global collection and receiving accounts.

Cheaper for you

Collect funds in multiple currencies like USD, GBP, EUR, IDR with no charges. With a global receiving account, you reduce FX loss by avoiding unfavourable rates and fees imposed by Banks and save on multiple conversion fees, thereby increasing your net earnings.

Cheaper for your customers

Give your client companies an easier, cheaper and faster way to pay you in their preferred currency and with their local transfer methods - without any charges on international transfers.

Faster Account Opening

Get USD, EUR, GBP account details in your company name for free, in seconds. It is a great alternative to opening local bank accounts overseas saving you time, money and effort in the process.

Better Financial Control

Reduce your business's working capital needs with no minimum balance requirements for the accounts and no bank charges. Centralise all collections into your Wallex wallet and benefit from clear reconciliations and reporting.

Collect payments from international marketplaces and foreign customers

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.

Expand business to global marketplaces, platforms or partners that require USD, EUR, GBP or IDR based bank account details to receive payments. Get more control on disbursements, avoid unfavourable exchange rates and choose when you want to use Wallet funds.

Enter new markets and give foreign customers a low-friction, low-cost method to pay by accepting local bank transfers with account details from the US, UK, Europe , Singapore or Indonesia.

A quick, easy and economical way for your clients in the US, UK, Europe or Indonesia to pay you. Simply provide bank account details to your clients and start accepting payments as if they're local bank transfers.

Collecting payments from your corporate clients, international market places is incredibly easy with a Global Collection Account

View Collection in Wallex Dashboard
1

Set Up Your Global Receiving Accounts

Set up your Wallex Account and activate your USD, EUR, GBP, IDR accounts.

2

Share with Clients

Share relevant account number with your client company, marketplaces.

3

Receive Payments

Your customer makes a payment via local bank transfers or through SWIFT . Once funds are received, they reflect in your Wallex Wallet.

4

Manage Funds

Hold, convert, withdraw or make FX Payments from your Wallet balance.

Security

Collect funds securely

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.

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

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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Get started with Wallex now

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