Pay suppliers and get paid in more than one currency.
Airwallex is a global business account for holding, converting and sending money internationally. Here is who it suits, who should skip it, and what to check on fees.
Last checked 17 October 2026 against the vendor’s website. General information, not professional advice.
Use it if
- You pay overseas suppliers or get paid by customers in other currencies
- You want local accounts and multi-currency cards in one place
- You are a small business that moves money internationally every month
- You want to try it with a free first month
Skip it if
- You only trade in one currency and rarely send money abroad
- You need cash deposits or in-branch banking
- You cannot meet the balance or deposit level that makes the monthly fee £0
- You want a bank with full UK deposit protection: check how your balance is safeguarded
What Airwallex says it offers
- Global business accounts, high-speed transfers and multi-currency cards
- Online payments and platform tools for bigger businesses
- A free one-month trial, per its UK pricing page
- £0 a month if you deposit or hold £10k or more, otherwise £19 a month
Account pricing (UK)
| Plan | Price | When it makes sense |
|---|---|---|
| Explore (small business) | £0 a month if you deposit at least £10k a month or hold at least £10k; otherwise £19 a month | Small businesses moving funds globally |
| Grow | £49 a month | Larger spend: up to 50 company cards, 5 free active spend users |
| Accelerate | Custom pricing | High volumes and platform use: contact Airwallex sales |
Read from Airwallex’s UK pricing page on 17 October 2026, in GBP excluding VAT. FX is listed at 0.5% over interbank rates for major currencies and 1% for others; domestic GBP, EUR and CHF transfers are free. Check the full fee table.
ThriveOnz has confirmed with Airwallex a monthly fee waiver for customers who come through our link. Terms can change: confirm the current waiver at sign-up. We may earn a commission at no extra cost to you.
Can you trust it?
- Know how funds are held: an electronic money account is not a bank deposit. Read how Airwallex safeguards customer money in its terms.
- Read the fee table: compare FX margin and transfer fees against your current bank for the payments you actually make.
- Start small: move one supplier payment first and compare the total cost.
Opening and testing an account
- Open the account from the link above and complete business verification.
- Add the currencies you actually use.
- Send one real supplier payment and note the fees and the rate.
- Compare the total with your bank for the same payment.
- Move more only if the numbers are better.
Mistakes to avoid
- Assuming the £0 fee applies without meeting the balance or deposit level
- Ignoring FX margin and looking only at transfer fees
- Moving all your money before testing a payment
- Skipping verification documents, which delays opening
FAQs
Is there a monthly fee?
Airwallex’s UK page lists £0 if you deposit or hold at least £10k, otherwise £19 a month. A waiver through our link is subject to its terms.
Is it a bank?
Check Airwallex’s own description and terms for how it is regulated and how funds are safeguarded.
Who is it best for?
Businesses that pay or get paid in several currencies regularly.
Decide with the facts. Start small.
Affiliate disclosure: this page contains affiliate links. If you buy through them we may earn a commission at no extra cost to you. Facts come from the vendor’s website and may change. General information, not professional advice.