Have you ever felt or experienced any of the following?
- Being charged notoriously high banking fees and suffer from poor FX rates
- Faced challenges when collecting revenue from overseas customers
- Forced to visit a bank branch for something as simple as adding a user to the account
You’re not alone. In fact, many Australian SMEs are switching to Airwallex’s business account to save cost and power global growth.
Unlock cost savings: With an Airwallex business account, businesses are given access to real (interbank) FX rates plus a very small FX margin (0.3% or 0.6% depending on the currency). Airwallex is fully transparent with their rates so you don’t need to waste time haggling over the phone for a better rate.
You can also save through paying for any software subscriptions charged in a foreign currency with an Airwallex Borderless Visa Card, with zero international transaction fees.
Reach international markets: Airwallex’s Global Accounts feature can help businesses collect and sell to customers all over the world with multi-currency accounts in USD, GBP, EUR, NZD, CAD, HKD, SGD, CHF, CNY, JPY. These accounts take less than a minute to setup, with zero extra paperwork and seamlessly integrate with marketplaces (e.g. eBay, Amazon) and payment gateways (e.g. Paypal and Stripe) so you can easily charge and collect in the local currency.
The Airwallex Xero bank feeds connection makes reconciliation easy. By connecting your Airwallex account to Xero, you can create bank feeds in Xero for each currency balance you have in Airwallex. This allows you to easily reconcile your foreign currency transactions in Xero. Keep in mind, you will need a multi-currency (premium) account in Xero to be able to send transactions in all your currencies to Xero.
SMB Consultants has partnered with Airwallex to help our customers save even more with an exclusive offer:
Get your first $30,000 of foreign exchange free
that’s 0% margin, $0 sign up and $0 ongoing monthly fees
Sign up here: www.airwallex.com/smbconsultants