Wallex Blog

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…

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…

Steps to make your first international payment

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

What is A Multi-currency Account? A Useful Guide for Asian SMEs

No matter where your firm is physically located, you probably already take advantage of all the benefits of a globalised economy. Whether you source from international suppliers or have geographically-dispersed staff or contractors, you’re probably in the majority of executives that believe that pursuing new international opportunities is crucial…

The Advantages of Opening a Local Currency Account for International Business

If you are an SME in Singapore, here’s a way to do international business and extract the maximum value from payment receipts with local currency accounts.…