Airwallex alternative
Revolut Business vs Airwallex
Singaporean businesses can open local accounts in multiple currencies with Airwallex, but you could save on currency exchange, card spend, and team management fees with Revolut Business.
Powering 750,000+ businesses
Comparing Airwallex and Revolut Business features
See how Revolut Business compares to Airwallex in Singapore.
Monthly fee
Account opening fee
Currency exchange
Card spend fees
Fees for outbound transfers
Fees for inbound transfers
Send money to peers
Recurring and scheduled transfers
Batch transfers
Currencies available
Local account details
Account details for international payments
Team member costs
First physical card cost
Virtual cards
Metal cards
ATM withdrawals
Card controls
Custom card spend programs and approvals
Pay bills
Expense management
Receipts
Reimbursements
Flexible Cash Funds
Revolut Terminal
Payment Gateway
Payment Links
Subscriptions
Integrate your accounting apps and software
Other integrations
Business API
Manage multiple business entities
¹0.6% fee beyond plan allowance. 1% fee outside market hours.
²S$0.20 per transfer for local transfers beyond plan allowance. S$8 per transfer for international transfers beyond plan allowance.
³Only available to Grow, Scale, and Enterprise customers
⁴Only available outside Singapore. 2% withdrawal fee applies.
⁵0.4% fee for AUD, USD, HKD, CNY, JPY, EUR, GBP, CAD, CHF, NZD, SGD. 0.6% fee for all other currencies.
⁶Info from Airwallex website (retrieved 8 December 2025)
⁷0.6% fee for KRW and VND. 0.3% fee for PHP.
⁸Info from Airwallex website (retrieved 8 December 2025)
Airwallex sources (retrieved 8 December 2025):
T&Cs apply. Custom plan information may differ. This advertisement has not been reviewed by the Monetary Authority of Singapore.
More Revolut Business Features
Automate workflows at scale
Use our advanced integrations to sync account data to tools you already use. Save time on admin by automating accounting workflows, like paying salaries and requesting payments.
Virtual cards API from Sabre
When a customer books a trip with your travel agency, a virtual card is automatically created and loaded with the right amount and currency. Use it to pay your suppliers quickly and securely, with competitive fees.
Simplify your financial reporting
Stop chasing after receipts — categorise and match card transactions in a fraction of the time with automated expenses.
Stay secure with our anti-fraud system
We keep your card details secure, flag suspicious transactions, and ask for extra verification when needed to protect you. Our cards are 3D Secure, and our contactless card limits help fight fraud.
See what our customers say
Maxim Romain, Founder • Dott“We launched our business Europe-wide in record time, saving huge amounts of time and money.”
Arthur Edson, Head of Finance • Wild“We don’t have to consider any financial logistics any more. For us, using Revolut Business is a no-brainer. Everything is so straightforward.”
Plans for businesses of every size
Get all the tools you need to manage your business finances with Revolut Business. Fees and T&Cs apply.
Basic
From S$0/month
Get the essentials to run your business.¹
Grow
From S$15/month¹
Unlock the tools you need to manage spend worry-free.
Scale
From S$84/month¹
Access higher allowances to expand globally.
Enterprise
From S$417/month¹
Build the plan that fits your exact needs.
¹Price reflects the cost per month when you choose the annual billing option. For more information, see our Business Fees page.
Revolut Business vs Airwallex FAQs
Both Airwallex and Revolut Business offer multi-currency accounts and transfers for businesses operating in multiple regions.
Customers looking to save on currency exchange may find Revolut Business' rates more competitive than Airwallex's, especially when exchanging within plan allowance.
Those with larger teams may also prefer Revolut Business, which lets you add unlimited team members at no cost. In comparison, AIrwallex charges S$5 per additional spend user beyond plan allowance.
We don't provide financial advice, and we encourage you to carry out your own research to make the right decision for your business.
It depends on your business needs.
Airwallex charges between 0.4% and 0.6% above the interbank rate depending on the currencies being exchanged. This adds up fast if you're buying and selling currencies at higher volumes.
Revolut Business doesn't charge any additional fees for currency exchanges within your plan allowance on weekdays. On our Grow plan, you'll be able to exchange up to S$13,000 at the interbank exchange rate. This allowance goes up to S$60,000 on our Scale plan and S$250,000 on our Enterprise plan.
We don't provide financial advice, and we encourage you to carry out your own research to make the right decision for your business.