AirwallexBanking Partner

Airwallex Business Account

A multi-currency business account with local account details in 20+ currencies, transfers to 200+ countries and Visa corporate cards. Explore plan from £0 per month. Provided by Airwallex (UK) Limited, an FCA-authorised e-money institution — not a bank.

Local account details in 20+ currencies Free GBP domestic transfers FCA-authorised (FRN 900876)
Plans

Three plans

Plans are charged per business entity. Airwallex offers eligible customers a free one-month trial on Explore and Grow — eligibility is confirmed by Airwallex.

Explore
£0 – £19 /month ex VAT

The £19 monthly fee is waived if you deposit £10k+ per month or hold a £10k+ balance at month end.

  • Local account details in 20+ currencies
  • Free GBP, EUR and CHF domestic transfers
  • FX from 0.5% above interbank (major currencies)
  • Up to 10 free company cards
  • 5 free spend users, then £5/month each
  • Xero and QuickBooks sync
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Grow
£49 /month ex VAT

Everything in Explore, plus more cards, approvals and automation.

  • Up to 50 free company cards
  • No per-transfer fees on local-network international transfers
  • Multi-conditional approval workflows
  • Rules-based automation for bills
  • AI receipt matching and expense policies
  • 5 free spend users, then £12/month each
Open an Airwallex account →
Accelerate
Custom contact Airwallex

Everything in Grow, for larger or multi-entity businesses.

  • Unlimited company cards
  • Manage finances across global entities
  • Purchase orders and requests
  • NetSuite and Dynamics 365 Business Central sync
  • HRIS platform integrations
  • Onboarding support
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Fees

Fee breakdown

Key fees from Airwallex's UK fee schedule. Full details are confirmed by Airwallex at application.

Monthly fee (Explore)£0 with £10k+ monthly deposits or balance, otherwise £19
FX rate0.5% above interbank (major currencies); 1% others
UK transfers (GBP)Free
EUR (SEPA) and CHF domestic transfersFree
International transfers via local networks£1 – £6 per transfer (free on Grow and Accelerate)
International transfers via SWIFT£10 (SHA) or £20 (OUR) per transfer
Card purchases abroad0% foreign transaction fee from a held currency balance; 1% if auto-converted
Incoming GBP paymentsFree
Global Account creationFree
Spend users5 free, then £5/month each (Explore) or £12/month each (Grow, Accelerate)
Features

What you get with Airwallex

Multi-currency Global Accounts

Local bank details in 20+ currencies. The GBP account receives Faster Payments, CHAPS, BACS and SWIFT, with funds held in a multi-currency wallet.

International transfers

Send in 60+ currencies to 200+ countries, with local-network transfers to 120+ countries and FX from 0.5% above interbank on major currencies.

Visa corporate cards

Virtual company cards and physical or virtual employee cards with Apple Pay and Google Pay, spend limits, and merchant and category controls.

Expense management and bill pay

Automated receipt data extraction, customisable approval flows, employee reimbursements to 200+ countries, and domestic and international bill payments.

Accounting integrations

Bank feed, expense and bill sync with Xero and QuickBooks on all plans, plus NetSuite and Dynamics 365 Business Central on Accelerate.

Online application

Apply online. Airwallex states applications are processed within 1–3 business days once all required business information has been submitted.

Eligibility

Who can apply?

Business accounts only — Airwallex does not offer personal accounts. Airwallex publishes onboarding requirements for these UK business types:

Limited companies
Limited liability partnerships (LLPs)
Limited and general partnerships
Sole traders

Documents a UK limited company will need

  • Certificate of Incorporation
  • Memorandum and Articles of Association
  • Photo ID and residential address for all directors
  • Photo ID and residential address for all owners with 25%+ ownership
  • Liveness check for the person applying
  • Authorisation letter if the applicant is not a director

Requirements differ for LLPs, partnerships and sole traders, and Airwallex may request further documents. The business must be registered and active, not operate in an industry Airwallex does not support, and meet its acceptable use policy. Eligibility is decided by Airwallex at application.

Important: Airwallex (UK) Limited is an authorised Electronic Money Institution regulated by the Financial Conduct Authority (FRN 900876) under the Electronic Money Regulations 2011. It is not a bank, and the account is an electronic money account, not a bank account. Your funds are not covered by the Financial Services Compensation Scheme (FSCS). Airwallex holds funds corresponding to the electronic money in your wallet in one or more segregated bank accounts, separately from its own funds. The Visa card is issued by Airwallex (UK) Limited. Airwallex (UK) Limited is registered in England and Wales (company number 10103420), registered office Wells and More, 45 Mortimer Street, London, W1W 8HJ.

Bee Compared Ltd introduces customers to Airwallex. We receive a commission when you open an account through us. Fees, features and eligibility are set by Airwallex and confirmed at application.

Ready to open your account?

Apply online with Airwallex. Applications are processed within 1–3 business days once your documents are in.