Airwallex
International and e-commerce businesses needing global accounts, cards, FX, acquiring and APIs.
About Airwallex
Airwallex is a global financial platform aimed at companies that need international collections, FX, transfers, cards, spend management and payment acceptance in one system. It is particularly relevant for e-commerce, SaaS and internationally operating companies that want local receiving details in several markets and API-driven finance workflows.
The European Explore plan is €19 per month, but the monthly fee is waived if the business meets Airwallex’s published €10,000 monthly-deposit or month-end-balance condition. Explore includes global accounts with local bank details in 20+ currencies, transfers to 120+ countries, cards, accounting integrations and core API access. The Grow plan adds more advanced approval workflows and controls.
Airwallex is not a traditional retail bank. Product availability and the legal entity serving the customer depend on country and use case, so onboarding eligibility and available account features should be checked for the specific Estonian company.
Key strengths
- Broad international stack: global accounts, FX, transfers, cards, spend management and payment acceptance.
- Local bank details in 20+ currencies and transfer coverage to 120+ countries.
- Strong accounting integrations and API capabilities for automation.
- Advanced approval workflows and finance controls are available on higher plans.
Key limitations
- The €0 Explore price is conditional on deposit or balance thresholds; otherwise the plan costs €19/month.
- Advanced approval controls sit on higher-priced plans rather than the entry tier.
- Product and onboarding availability varies by country, customer entity and use case.
Very small businesses that only need a simple EUR account and will not use the global-payment or spend-management features.
How the account works
Finance workflow
Yes — spend users, company cards and role-based finance workflows.
Yes — accounting integrations and finance-team workflows; dedicated Accounting Hub capability is being expanded.
Yes — Grow includes customisable multi-conditional approvals and advanced controls.
Yes
Xero and QuickBooks on Explore; ApprovalMax/WorkflowMax; higher tiers include NetSuite and Dynamics 365 Business Central integrations.
How customer funds are protected
For Estonian customers onboarded through Airwallex Lithuania, UAB, customer funds are safeguarded in segregated/ring-fenced EEA bank accounts; EMI balances are not covered by the Lithuanian bank deposit insurance fund.
Not sure if Airwallex is the right fit?
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