Open a Chinese Yuan account in Canada
Receive Chinese Yuan via SWIFT with a dedicated CNY business account. Get started today with no sign up fees and zero monthly account fees.
*other fees and charges may apply
*other fees and charges may apply
“Massively simplifies the challenge of doing business overseas”
“Australia’s fastest growing $1 billion dollar start up”
“Airwallex is the highest ranked Australian firm at #32” - Top Global 100 Fintech
The fastest way to open a Chinese Yuan account online
Easy to open
Get your own Chinese Yuan business account without needing to visit an international branch to get started.
Accept and payout funds in multiple currencies
Expand into new markets easily by opening foreign currency accounts in 11 different currencies.
Improve your margins
Spend less when bringing back funds. Convert and withdraw in seconds with access to our interbank FX rates and a low fee of just 1%.
Receive, hold and spend in Chinese Yuan
Receive payments in Chinese Yuan
Receive payments directly in Chinese Yuan. Avoid unnecessary conversion fees by paying out directly from your CNY balance.
Hold funds in CNY
Hold funds with zero monthly fees or charges. Convert and withdraw into CAD when you're ready using our interbank FX rate + 0.5%.
No sign-up fees and zero monthly account fees
Our Global Accounts are fee-free to open and manage. Just pay a small fee when converting CNY back to CAD.
Manage your business finances from a single platform
Integrate with global online marketplaces
Seamlessly integrate with global platforms like eBay, Shopify and Paypal. Accept payments in local currencies.
Hold in foreign currencies
Use our global accounts to collect and spend in the same currency, eliminating unnecessary conversion fees.
Integrate with our API suite
Streamline your global financial operations with our best-in-class APIs. Integrate our payment capabilities into your business' workflows.
Competitive, simple, and transparent pricing
CA business transaction account
NO FEE
Global Accounts in 11 currencies
NO FEE
FX margin
0.5% - 1%** above interbank
CA domestic transfers
FREE
International transfers
NO FEE*
Batch transfers
FREE
* All pricing set forth herein is subject to change without notice. Third-party fees (e.g., SWIFT fees, banking partner fees) may apply.
** For card transactions, you will access our interbank rates plus a small margin for the following currencies: AUD, USD, GBP, EUR, HKD, CAD, NZD, SGD, JPY, CHF. For rarer currencies, we will use Visa rate.
Open multiple foreign currency accounts, with no monthly fees
What users say about Airwallex
"Airwallex has been a game changer for all our banking needs. As a fast-growing startup, we need a scalable yet cost-efficient batch payment solution to pay our employees and vendors both inside and outside Hong Kong. Airwallex helps us save money on every bank transfer with their near-zero transaction fee and market-beating FX rates. We also use Airwallex’s multi-currency Visa cards for business travel expenses and SaaS subscriptions to avoid hidden bank fees that would otherwise have been difficult to spot. Would highly recommend other startups to get started with Airwallex!"
Henson Tsai
Founder, SleekFlow
"Airwallex has been great for our team - it makes payments and transfers so much easier, and has saved us significant amounts of time compared to what we were doing before with HSBC. Airwallex's platform is easy to use and very intuitive. Airwallex virtual card has solved most of our painpoints with sharing corporate card numbers and credit card limits. The best part is being able to save money on all our monthly bank transfers, and we've already saved thousands of dollars by using Airwallex. Airwallex's support has also been highly responsive to troubleshoot any issues in a timely manner."
Sarah Chang
Co-founder & COO, Forkast.News
“Airwallex provides us with flexibility and cost savings in dealing internationally. We used Airwallex to receive our recent global fundraising round and pay international suppliers and are saving at least 5% per dollar transferred versus the big banks.”
George van Dyck
Finance Manager, Zoomo – Technology Startup
“Airwallex has been a game changer for us. I cannot recommend these guys enough. The forex services are super efficient and super competitive. The customer service is not gold-plated, it's solid gold. One of the best eCommerce services for merchants we have come across since Paypal hit the scene 20 years ago."
Murray Kester
CEO, Cosmetics Now – eCommerce
“Having all our global SaaS subscriptions in one place has streamlined our finance processes and enabled better tracking and control of expenses. It’s even better knowing that Airwallex isn’t hitting us with any international transaction fees.”
Warren Durling
Chief Operating Officer, Dovetail – Digital Agency
“Airwallex is our one-stop shop for all our banking needs, in one easy-to-use interface. Without Airwallex, we would not have been able to scale our business as fast as what we’ve been able to achieve.”
Andrew Ford and Rosa-Clare Willis
Co-founders, Crockd – eCommerce
Security is at our core
Protected
We work with world-class security providers to ensure your funds and accounts are secure at all times.
Highest standards
Airwallex meets the highest international security standards including PCI DSS, SOC1, and SOC2 compliance, in addition to our local regulatory requirements.
Security first
Our modern infrastructure allows us to implement best-in-class security controls which are monitored 24/7 to keep your account safe.
Compliant
Airwallex (Canada) International Payments Limited is registered as a Money Services Business (MSB Registration No. M19395067) with FINTRAC.
Airwallex (Canada) International Payments Limited is licensed to do business as a Money Services Business (MSB Registration No. 14460) with Revenu Quebec.
You don't need a bank to run your business
Start winning new markets today. Open an account in minutes, and join thousands of businesses already using Airwallex to streamline their finances globally.