Wallex Blog

FX | PAYMENTS | BUSINESSES

  1. Top 5 Tips on Expanding Your Business Overseas

    Expanding a business overseas can be daunting at first, but with the proper guidelines and tips, it'll be easy to break into new markets in new countries.…

  2. Understanding Forex Accounting ( with example )

    Small and medium businesses trading internationally often make or receive payments in foreign currencies. Forex accounting involves keeping track of how much money is gained or lost during these transactions that involve foreign currency (FX) conversions. This business-friendly guide has been designed to help SMBs demystify forex accounting so they…

  3. Using Multi-Level Approvals for FX payments

    Improve corporate governance and financial control on FX payments using a customizable Multi-Level Approval Matrix. This feature enables you to create payments that will only be executed after a certain number of pre-specified approvals have been obtained. Setting up the Approver Matrix The approver matrix can be set up for…

  4. Top 4 Tips for Financial Management of Restaurants

    While there are many factors that contribute to this success, supporting business objectives with sound financial management seems to be an underrated and overlooked factor. Here are our top four tips for optimal restaurant financial management…

  5. Add a new beneficiary in your Wallex multi-currency account

    You are ready to add your first beneficiary after you have submitted all onboarding documents and receive intimation of completion of your onboarding process including KYC. Below is a tutorial to guide you through the details needed to add a beneficiary and set up your international payment. Log into your…

  6. Steps to make your first international payment

    A step by step tutorial for executing a foreign exchange payment through your Wallex multi currency account.…