account guide

ACH, which stands for Automated Clearing House, is a network used to send and receive money between bank accounts. This payment system, which uses the ACH Network, was established in the 1960s to ...

In 2022, SWIFT recorded an average of 44.8 million transactions per day, a 6.6% growth compared to the same period in the previous year.

The maker-checker workflow on payment applications like Wallex is handy in that it allows one person (“maker”) to make the transaction and then that transaction request is automatically sent to the second person (“checker”) to approve the transaction. Find out more in this article.

USD is a popular currency for doing international business, however it is challenging to open a US bank account overseas. Find out what are the alternatives: corporate multi-currency account, global business account, global collection account for USD, and more.

When making telegraphic transfers (TT) through SWIFT Network, you can use the MT103 document to track your cross-border payment. In this article, we’ll break down what the MT103 document is, why it is so important, and how you can access it through the Wallex platform.

We recently launched the Wallex Network as a quick and easy way to send payments to other Wallex users. This feature is applicable to all existing and new Wallex users, applicable for 14 currencies.

Bulk payments, also known as batch payments and mass payments, are the perfect method for businesses that make regular payments. Each time you wish to make a transaction, it can take a lot of time and resources with the amount of information you have to gather to do so.

When you’re looking to set up a company in Singapore, opening a business bank account should be one of your first steps. Most banks in the country offer many features to open a corporate bank account. In this article we will take a close look at how this process works for a non-Singaporean.

Planning to move abroad from Hong Kong? In this guide, we provide a complete checklist on what do you need, what kind of visa do you need, finding a moving company, etc. If you are a Hong Konger planning to move abroad, then this guide is for you!