Airwallex international money transfers

Airwallex is an international money transfer (IMT) service that began in 2015 in Melbourne and has since expanded operations to Asia-Pacific, Europe and North America. Founded by a group of friends from the University of Melbourne, Airwallex aims to make money transfers easier, cheaper and more innovative for businesses.

Airwallex is authorised and regulated by ASIC and AUSTRAC.

Airwallex Foreign Exchange rates

Rates and fees verified as correct at 21 July 2024. Other information correct at the time of writing. Advertiser disclosure.

With Airwallex you can send money from Australia to 150 countries in more than 40 different currencies. At Mozo, we can help you compare today’s exchange rates with Airwallex for various currencies. Just scroll down, type in your transfer amount and select where you’re sending your money. We’ll give you the exchange rates in an instant.

Currency At today's Airwallex Rate, 1 AUD buys* Indicative amount transferred for 10,000 AUD
Mozo logo UAE Dirham (AED)
AED2.4544 AED 24,544 Go to site
Mozo logo Canadian Dollars (CAD)
CAD0.9138 CAD 9,138 Go to site
Mozo logo Swiss Francs (CHF)
CHF0.5912 CHF 5,912 Go to site
Mozo logo Chinese Yuan (CNY)
CNY4.8291 CNY 48,291 Go to site
Mozo logo Danish Krone (DKK)
DKK4.5354 DKK 45,354 Go to site
Mozo logo Euros (EUR)
EUR0.6109 EUR 6,109 Go to site
Mozo logo Great Britain Pounds (GBP)
GBP0.5148 GBP 5,148 Go to site
Mozo logo Hong Kong Dollars (HKD)
HKD5.1936 HKD 51,936 Go to site
Mozo logo Indonesian Rupiah (IDR)
IDR10710.3182 IDR 107,103,182 Go to site
Mozo logo Indian Rupee (INR)
INR55.3917 INR 553,917 Go to site
Mozo logo Japanese Yen (JPY)
JPY104.7207 JPY 1,047,207 Go to site
Mozo logo Malaysian Ringgit (MYR)
MYR3.1016 MYR 31,016 Go to site
Mozo logo Norwegian Krone (NOK)
NOK7.2216 NOK 72,216 Go to site
Mozo logo New Zealand Dollars (NZD)
NZD1.1065 NZD 11,065 Go to site
Mozo logo Philippine Peso (PHP)
PHP38.6068 PHP 386,068 Go to site
Mozo logo Saudi Riyal (SAR)
SAR2.5062 SAR 25,062 Go to site
Mozo logo Swedish Krona (SEK)
SEK7.0647 SEK 70,647 Go to site
Mozo logo Singapore Dollars (SGD)
SGD0.8946 SGD 8,946 Go to site
Mozo logo Thai Baht (THB)
THB24.0428 THB 240,428 Go to site
Mozo logo United States Dollars (USD)
USD0.665 USD 6,650 Go to site
Mozo logo South African Rand (ZAR)
ZAR12.2132 ZAR 122,132 Go to site
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Must knows about transferring money with Airwallex

When sending or receiving money overseas with Airwallex, there are a few details to keep in mind:

  • Exchange rates and fees: Airwallex gives its customers a fixed 0.3% or 0.6% rate above the mid-market or interbank exchange rate (the rate you see on Google). The fee you get depends on the currency you’re trading in. There are no international payment fees within its network, but any payments made using a SWIFT code will incur a $10 to $30 fee. 

  • Transfer limits: There are no stated minimum and maximum limits. 

  • Transfer speed: Airwallex says your international money transfer should take as little as one business day. But depending on the currency, the transfer can take up to five days.


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Airwallex Products and Services

The world of IMT can be tricky, but thankfully Airwallex offers a range of nifty features to aid you in your money transfer journey.

Global accounts

Do you deal with multiple currencies at once? Airwallex is here to help. You can open multiple currency accounts without visiting a bank. Not only can you trade in any currency of your choice, but you can receive payments in different foreign currencies. Having accounts in multiple currencies can help you to skip conversion fees. 

Accounting system integration

Airwallex allows customers with business accounts to link their Xero account software. That way you can sync global expenses and see who made a transaction, and where. 

Borderless card 

Airwallex’s borderless card gives you the option to have a multi-currency digital card in seconds. This virtual card is compatible with Apple and Google Pay. It also allows you to create a corporate card with flexible limits and real-time visibility of global transactions. It comes with a 0% international transaction fee and lets you pay with the currencies you have at your disposal. 

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Why use Airwallex for IMT?

When it comes to choosing a money transfer provider, you might find yourself overwhelmed with all the choices. But here are some reasons why Airwallex is worth considering:

  • More competitive rates than big banks.

  • Transparency around fees.

  • No transfer limits.

  • No paperwork. All transactions can be done exclusively online. 

  • Fully licensed and regulated by ASIC, just like the banks. Multi-factor authentication to keep your account extra secure.

Just be aware:

  • All transactions have up to a 0.60% fee above the mid-market rate.

  • There is no mobile app to download.

  • Transfers are paid through banks. Card payments are not supported. 

  • Airwallex has no branches for face-to-face transactions or customer service. 

  • Exchange rates on Airwallex are subject to change until you fully lock in your transaction. 

  • Airwallex is ideal for international business money transfers, not personal ones.

Visit Airwallex website

Go to site
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How to transfer money with Airwallex

Signing up to Airwallex is free and done through its website. Here’s how:

  1. Signup for an account and verify your business.

  2. Transfer money to your account to fund the transfer.

  3. Enter the recipient's banking information and create them as a new contact.

  4. Decide how much money you’ll be sending.

  5. Hit send!

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*The exchange rates offered by each provider are indicative exchange rates that have either been supplied by each provider or gathered by Mozo. Exchange rates fluctuate constantly and as a consequence the exchange rates listed here may vary to the actual exchange rate you are quoted by a provider. Please ensure you confirm the actual exchange rate with the relevant provider prior to conducting any transaction. These exchange rates are updated every hour.