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Airwallex

EMI · not a bank

Borderless multi-currency for Amazon sellers and global SaaS — an EMI, not a bank.

Official site

(ApplyRight field notes are being written)

Eligibility at a glance

Banking provided by
DBS Bank (星展银行)
Requires SSN
No
Overseas operating address
No
Intl wire (out)
Free
Virtual cards
None
Account manager
None

Best for

  • Amazon global sellers and cross-border e-commerce
  • SaaS billing across multiple currencies
  • Founders anywhere — China, Hong Kong, US and overseas entities all work
  • Anyone needing true multi-currency cards (23+ currencies)

Where it falls short

  • Not a bank — no direct FDIC protection on balances
  • Low tolerance for shell companies; needs substantial business proof
  • Strict for owners from high-risk countries
  • Crypto businesses not supported

Restricted countries

CubaIranNorth KoreaSyriaRussiaBelarusAfghanistanMyanmar

Restricted industries

CannabisAdult contentGamblingFirearmsCrypto exchangeShell companies

Documents to prepare

  • Business license or formation docs (a China-mainland / Hong Kong / US or other company; set the registration place to match)
  • Legal representative's ID card, front and back (US / overseas companies can use a passport / government ID)
  • ID card / passport of any 25%+ shareholders (skip if none)
  • Company English name (transliterate if none; must match the PI contract if you have one)
  • A real-name phone + email (the owner's; use Chrome, not the in-WeChat browser)
  • Business / industry description + expected monthly volume + export countries (pick developed US/EU markets; never Russia / Iran or other sanctioned countries)
Open the full checklist →