Airwallex offers a wide international reach, broad currency support, multi-currency wallets, and developer tools, making it a decent choice for cross-border teams doing international transactions. However, SMEs may find the platform complex and lacking in personalised support. Receiving fees could add up, and users will need to manually set up each local account, which is an extra step required after successfully signing up.
Whether you’re a small startup or a global business seeking a simpler experience, more consistent features, or stronger regional support, these Airwallex alternatives could be a better fit.
What Makes a Good Alternative to Airwallex?
There is no one-size-fits-all approach to what is considered a "good" alternative to Airwallex. What matters most is what you need for your business today and for the future.
For many SMEs, a good alternative is one that’s easier to use and offers more hands-on support, while others value lower fees or more currencies.
Since there's no "right" answer for everyone, here are some of the things you should think about when looking for an Airwallex alternative:
- Does it have all the currencies I need? – You don't need a business account with access to 20+ currencies when you only use 2 or 3 currencies regularly. The number of currencies offered should match your actual needs. Having too many options can complicate your finances and may come with unnecessary fees or management hassles.
- Do I need to talk to a real person when I need help? – Not all providers will offer on-demand access to real-human customer support. If you know that you want access to human support, make sure to choose a provider that can offer you that.
- Does it offer ATM withdrawals? – If you or your team need quick access to cash while traveling or managing expenses, having the option to withdraw money from ATMs worldwide can be a convenience.
- Are the fees transparent? – Transparent, straightforward pricing helps you know exactly what you’re paying and manage your budget more effectively.
- Is it SME-friendly? – If you run a small or medium business with moderate payment volumes, you will likely benefit more from a service that’s straightforward and easy to use than complicated setups full of features that require a technical team to manage.
- Does it have FX tools? – FX tools help you convert money at better exchange rates and protect you from big rate swings, so you don’t lose money when the market changes.
Considering these factors, here’s a quick overview of the top alternatives to Airwallex:
Provider | Best For | Key Advantage Over Airwallex | Notable Features |
---|---|---|---|
Statrys | SMEs incorporated in Hong Kong, Singapore, or BVI looking for a primary or secondary business account to manage international payments. | Transparent fees, competitive FX fees as low as 0.15%, and a dedicated account manager. | 11 major currencies in one account, real-time tracking, local payout, business cards |
Currenxie | Ecommerce businesses selling globally | ATM-compatible Visa card with cashback, FX based on mid-market rate with lower fee | 15+ currencies in local accounts, Visa card, marketplace integrations |
Wise | Freelancers and lean teams managing global payments | Transparent mid-market FX rates with no markup | 40+ currencies, batch payments, open API |
Aspire | Digital startups and marketers, especially in Southeast Asia | ATM-compatible card with cashback, FX with potentially lower fee | Multi-currency cards, SaaS cashback, NetSuite integration |
ZA Bank | HK-based SMEs in need of banking services | Licensed bank with deposit protection and loans | HKD/CNY/USD accounts, time deposit accounts |

Disclaimer: The information in this article is accurate as of 16 May 2025. Details are subject to change. For the latest updates, please visit each provider’s official website.
1
Statrys
Statrys is a licensed payment service provider in Hong Kong that offers global payment solutions to businesses registered in Hong Kong, Singapore, and the British Virgin Islands (BVI). The services include multi-currency business accounts, low-cost international transfers, business payment cards, seamless integrations with marketplace and payment processer, FX tools and more.
Supporting over 5,000 companies globally, Statrys has facilitated more than $5 billion in transfers and over $2 billion in FX volume. Statrys is tailored for modern business needs, with dedicated, human-led support.
Key Services Offered by Statrys
- Multi-currency business account that can hold and manage 11 different currencies under a single account number, including HKD, CNY, USD, AUD, EUR, GBP, SGD, JPY, CHF, NZD, and CAD.
- Send international payments via SWIFT and track them in real-time.
- Make cross-border payments as local transfers in 12 currencies (e.g., USD, EUR, GBP) for lower fees and faster delivery.
- Physical and virtual Mastercard® prepaid cards to use at POS terminals and ATMs; manage all cards via your dashboard.
- FX services with real-time mid-market rates and the option to lock in rates
- Sync with Xero for automated bookkeeping and transaction tagging.
- Connect to marketplaces and payment processors, such as Shopify, Stripe and PayPal.
- Personalised support from your dedicated account manager via email, WhatsApp, WeChat, or phone.
Statrys Pricing
Fee Type | Amount | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Account Opening Fee | Free* | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fee Type | Amount | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Domestic Payments in Hong Kong |
HKD/CNY Receive: HKD 0 Send: HKD 5** USD Receive: HKD 0 Send: HKD 75 |
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Send Local Payments |
HKD 25: USD, AUD, INR, EUR, GBP, SGD, IDR, PHP HKD 35: THB, TRY, KRW HKD 50: VND |
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International Payments via SWIFT |
Receive: HKD 60 Send: HKD 85 |
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Foreign Exchange Rate and Fee |
FX rate: Based on real-time mid-market rates FX fee: as low as 0.15% |
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Cards |
ATM Fee: 1.99% or min. HKD 31 Conversion: 1.5% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Inactivity Fee | HKD 88 if you have less than five outgoing payments that month |
Feature | Statrys | Airwallex |
---|---|---|
Multi-Currency Support | 11 major currencies in one multi-currency account | 60+ currencies in multiple global accounts combined |
Customer Support | Dedicated account manager available via email, phone, WhatsApp, and WeChat | FAQ, email, and phone support only in the US and China; no live chat |
FX Rates | Based on the mid-market rate | A markup of about 0.2%–1% above interbank rates |
FX Fees | Fees as low as 0.15%, plus FX tools | Any applicable fees will be shown on the app |
Cards | Prepaid Virtual & physical Mastercard® card (HKD only). Delivered to most countries. Shipping costs applied. |
Virtual & physical debit cards for businesses and employees that let you spend directly from your held balances and currencies. Ship to Australia, Hong Kong, New Zealand, Singapore, the UK, and the US only. |
Card Expense Management Features | Free | HKD 40/month |
ATM Withdrawals | ✅ | ❌ |

Interested? See a detailed comparison of Statrys and Airwallex.
2
Currenxie
Currenxie is a financial services provider licensed in Hong Kong, Canada, Australia, Ireland, South Africa, the United Kingdom, and the United States. Its core service enables businesses to open local currency accounts in major markets such as the US, UK, and EU. This makes it a simple tool for businesses that need to manage multiple currencies, pay international suppliers, and collect local payments.
In addition, Currenxie accounts can integrate with popular ecommerce platforms and payment gateway providers. As such, it is another interesting option for ecommerce businesses with international operations.
Key Services Offered by Currenxie
- Multi-currency wallet supporting over 15 currencies, including USD, EUR, HKD, GBP, JPY, AUD, CAD, and more.
- Local currency accounts with unique account details in over 40 countries, such as the US, UK, EU, Hong Kong, Australia, Japan, Canada, and Mexico
- Virtual and physical Visa debit cards are available for Hong Kong companies. Set spending limits, use your card online, in-store, or at ATMs. Earn 1% cashback on eligible purchases.
- Connect to Xero for automatic bookkeeping and real-time transaction syncing.
- Collect payments from ecommerce platforms and payment gateways like Shopify, eBay, Etsy, Stripe, Alipay, Amazon, Adyen, PayPal and more.
Currenxie Pricing
Fee Type | Amount |
---|---|
Account Opening Fee | Free |
Monthly Fee | Free |
Local Payments |
Receive: USD 0.75 per transfer Send: USD 3 per transfer |
International Payments via SWIFT | Send and Receive: USD 8 per transfer |
Foreign Exchange Rate and Fee |
FX rate: Based on mid-market exchange rates FX fee: 0.1% - 0.6% |
Cards |
ATM Fee: 2% or min. HKD 30 (Intl: HKD 50, whichever is higher) Overseas Transactions: 1.95% |
Pros and Cons of Currenxie
✅ Strong integration for collecting payments from various ecommerce platforms and gateways
✅ A Visa card with cashback, usable online, in-store, and at ATMs
✅ Competitive FX rates
❌ Only one payment card per account
❌ 1.95% fee on overseas card transactions is less competitive than Airwallex
❌ Support is mostly ticket-based
Currenxie vs Airwallex
Feature | Currenxie | Airwallex |
---|---|---|
Multi-Currency Support | 15+ currencies in wallet, 40+ currency with local account | 60+ currencies |
FX Rates | Rate based on midmarket rate | A markup of about 0.2%–1% above interbank rates, which varies by region |
FX Fees | 0.1% - 0.6% fee | Any applicable fees will be shown on the app |
Card Cashback | ✅ | ✅ |
ATM Withdrawals | ✅ | ❌ |
Receive Payments | USD 0.75 per local transfer and USD 8 per international transfer. | 0.3% fee if receiving from an account not owned by you |

Interested? Explore how Currenxie and Airwallex compare in detail.
3
Wise
Wise is primarily recognised as an international money transfer service for personal use, but it also provides business accounts. With Wise, businesses can receive payments locally from over 30 countries and send money to more than 70 countries worldwide.
Wise operates globally and offers a variety of business-friendly features, including batch payments and API integrations. However, some features, such as business debit cards used to spend abroad, are only available in certain regions.
Key Services Offered by Wise
- A multi-currency business account that allows you to hold and manage over 40 currencies
- Local account details in 9+ currencies, including GBP, EUR, USD, SGD, and CAD, to receive payments as if you had domestic bank accounts.
- Send international payments to more than 70 countries.
- Make up to 1,000 payments at once by uploading a single CSV file.
- Exchange currencies across more than 40 currency pairs
- Integrate with platforms like Shopify and QuickBooks or create custom connections using Wise APIs.
- Open API, which you can use to automate your payment and streamline your workflows.
- Wise business debit cards, with no foreign transaction fees and cashback on eligible purchases. (Only for selected regions)
Note: Wise’s products and services vary depending on location. For example, Wise debit cards are not available to Hong Kong businesses.
Wise Fees
Fee Type | Amount |
---|---|
Account Opening Fee |
Depending on your business jurisdiction. For example: Hong Kong, Singapore and US companies: Free UK companies: GBP 45 |
Monthly Fee | Free |
Local Payments |
Receive: Free Send: Starting 0.26% |
International Payments via SWIFT |
Receive: Fixed fee depending on currency, for instance: HKD - HKD 30.80 USD - USD 6.11 GBP - GBP 2.16 Send: Starting 0.26% |
Foreign Exchange Rate and Fee |
FX rate: Based on mid-market rates FX fee: Shown on the app if applied |
Pros and Cons of Wise
✅ Strong global reach for both payments and collections
✅ No monthly costs
✅ Competitive FX rates
❌ Wise cards are not available to Hong Kong-based businesses
❌ Fees differ depending on your business’s country of registration
Wise vs Airwallex
Feature | Wise | Airwallex |
---|---|---|
Multi-Currency Support | 40+ currencies | 60+ currencies |
FX Rates | Wise claims they don't have a markup on foreign currency conversion. Rate based on mid-market exchange rate. | A markup of about 0.2%–1% above interbank rates, which varies by region |
Receive Payments | Free for local payments; international payments incur HKD 30.80 in HKD or vary by currency. | 0.3% if you receive from non-owner accounts |
ATM Withdrawals | ✅ Available in locations where the Wise card is supported | ❌ |

Helpful: Discover the differences between Wise and Airwallex and key things to know before opening a Wise business account with our detailed guides.
4
Aspire
Aspire is a financial platform that provides business payment solutions for startups, small and medium-sized enterprises, and mid-sized businesses (up to 1,000 employees). It is known in Southeast Asia with offices in Singapore and Hong Kong, but it offers multi-currency business accounts to companies globally.
The platform offers services such as multi-currency accounts, virtual corporate cards, expense tracking, and integration with accounting software. A standout feature is cashback on SaaS and marketing purchases, making it an attractive card option for marketers.
Key Services Offered by Aspire
- Open local and international account numbers to receive payments in multiple currencies. Available currencies depend on your business location, for example, HKD, USD, and CNY in Hong Kong; SGD, USD, GBP, and EUR in Singapore.
- Send and receive international payments in over 30 currencies across 130+ countries.
- Issue unlimited virtual corporate cards and request physical cards
- Use multi-currency cards and enjoy 1% cashback on eligible SaaS and digital marketing expenses
- Integrate cards with Apple Pay and Google Wallet for digital payments
- Gain control over spending with built-in expense management tools
- Sync with accounting platforms like Xero, QuickBooks, Oracle NetSuite, Deskera, and SAP
Aspire Fees
Fee Type | Amount | |
---|---|---|
Account Opening | Free | |
Monthly Fee | Free | |
Local Transfers |
Receive: FPS – Free, CHATS – HKD $15 Send: FPS – Free, CHATS – HKD $55 Some countries: Free |
|
International Transfers |
Receive: USD $8, HKD $60, CNY ¥55, SGD $35 Send: SHA – USD $15, OUR – USD $30 |
|
FX Rate | From 0.18% | |
Card FX Fee | 1.5% |
Feature | Aspire | Airwallex |
---|---|---|
Multi-Currency Support | Mainly supports HKD, USD, CNY, SGD, GBP, and EUR (varies by country) | 60+ currencies in multiple global accounts combined |
Support Channels | Live chat is available via the Aspire app, WhatsApp, and email. | FAQ, email, and phone support available in the US and China (no live chat) |
FX Rates | FX rates from 0.18% | A markup of about 0.2%–1% above interbank rates, which varies by region |
Cards | Physical cards, unlimited virtual cards, cashback for SaaS & marketing spend | Virtual & physical cards for business and employees; currency depends on account balance |
Card Expense Management Features | Free | HKD 40/month |
ATM Withdrawals | ✅ | ❌ |

Tip: Want to learn more? Check out our Aspire review article and our comparison of Airwallex vs Aspire.
5
ZA Bank
Suppose you're looking for something beyond a fintech solution and want more than just a money transfer service, in other words, a banking experience with digital operations. In that case, ZA Bank may be a good option to consider. ZA Bank is the first virtual bank in Hong Kong, offering business bank accounts that support 3 currencies: HKD, CNY, and USD. Clients can receive money, deposit funds, earn interest, and initiate bank transfers in these 3 currencies 24/7.
In addition, ZA Bank provides foreign exchange services, payroll services, and business loans to support business growth. As a member of the Deposit Protection Scheme (DPS), deposits are protected up to HKD 800,000.
Key Services Offered by ZA Bank
- Hold and earn interest in HKD, CNY, and USD
- Time deposit accounts in HKD, CNY and USD
- Send and receive transfers within Hong Kong via FPS and CHATS
- Send and receive internationally in HKD, CNY and USD.
- Access business loans for small businesses operating for at least 1 year
- Set up and send payroll with batch payment features
- Manage finances in a digital banking platform designed for Hong Kong businesses

Note: ZA Bank doesn’t offer payment cards for businesses at the time of review.
ZA Bank Fees
Fee Type | Amount | |
---|---|---|
Account Opening Fee |
Via website: HKD 1,200 Via account manager: HKD 10,000 |
|
Company Search Fee (if applicable)* |
Via the website: HKD 300 Via account manager: HKD 1,000 |
|
Monthly Fee | Waived | |
Inward Transfer |
CHATS (local): HKD 15 Telegraphic transfer (international): HKD 50 Intermediary or correspondent bank charges may apply |
|
Outward Transfer |
CHATS (local): HKD 50 Telegraphic transfer (international): HKD 100 Using Bank's standard form: HKD 150 Intermediary or correspondent bank charges may apply |
|
Inward Faster Payment System (FPS) |
Non-Merchant payments: Waived Merchant payments: 0.6% |
|
Outward Faster Payment System (FPS) |
Below HKD/CNY 1,000,000: HKD/CNY 1 HKD/CNY 1,000,000 or above: HKD/CNY 10 |
Feature | ZA Bank | Airwallex |
---|---|---|
Multi-Currency Support | HKD, CNY, and USD under one account | 60+ currencies in multiple global accounts combined |
Customer Support | Online chat on the website, in-app contact details, and call 24/7 customer service hotline | FAQ, email, and phone support only in the US and China; no live chat |
FX Rates | Exchange rates are shown in the app | A markup of about 0.2%–1% above interbank rates, which varies by region |
FX Fees | No handling fees | Any applicable fees will be shown on the app |
Banking License & Deposit Protection under the Hong Kong Deposit Protection Scheme (DPS) | ✅ | ❌ |

Useful: Check out our in-depth review of ZA Bank Business Account to learn more about their features, fees and how to open ZA Bank business accounts.
Final Note
By now, you may have a clearer picture of which payment service provider aligns best with your business needs. You might need more than one solution to meet all your requirements.
Weigh the benefits and drawbacks of each option based on your business priorities to ensure your choice drives your business forward.
FAQs
What are the best alternatives to Airwallex?
The best alternative depends on your specific needs. Some good contenders include Currenxie, Wise, Aspire and ZA Bank. However, if your business is registered in Hong Kong, Singapore or the BVI, we recommend considering Statrys to manage your cross-border payments and FX risks efficiently.
What is Airwallex?
Is Airwallex a bank?
Which is better, Airwallex or Wise?
Which is better, Airwallex or Payoneer?
Is Airwallex a Chinese company
Disclaimer
Statrys competes directly with Airwallex in the Hong Kong payment industry. However, we're committed to providing an unbiased, thorough review to help you make an informed choice.
Get your Hong Kong business account open in a few days
100% online application
No account opening fee, no initial deposit
Account manager
Physical and virtual cards
