Terms & Policies

Country or region
MYMalaysia
General
Acceptable Use Policy
Complaint Handling Policy
Compliance Notice
Disclosures
Wallet Product Disclosure Sheet
Card Product Disclosure Sheet
Treasury Management
Treasury Management Terms
Payments
Payments Terms
Local Payment Methods Processing Terms
Cards & Spend Management
Cards & Spend Management Terms
Fee Schedule
Fee Schedule
Data and Privacy
Privacy Policy
Privisi Policy
Global Privacy Centre

Fee Schedule

Last updated: 22 April 2025

The following fees and charges* apply with respect to customers of Airwallex (Malaysia) Sdn Bhd (AWX MY).

FX Conversion Services and Payment Services

Description

Standard Fee

FX Rates**

Customer Mark-Up / Margin (AUD, USD, HKD, CNY, JPY, EUR, GBP, CAD, CHF, NZD, SGD)

0.30%

Customer Mark-Up / Margin (Other Currencies)

0.60%

Payments

Payments in CNY (only enabled for customers with a CN UBO)

0.10%

Local Payment Fee (Fedwire)

60 MYR (for USD)

Local Payment Fee (RTGS)

60 MYR (for SGD) 30 MYR (for USD, HKD, or CNY)

SWIFT (SHA) Payment Fee***

30 MYR per payment

SWIFT (OUR) Payment Fee****

90 MYR per payment

Other Fees & Charges

Account Opening Fee

0 MYR

Monthly Account Fee

0 MYR

Break Costs

Varies (to be advised).

API Integration Set Up Fee

To be advised.

Account Updater Fee^

1.10 MYR per Card update

Notes:

Effective 29 April 2024: For FX Conversions in Major Currencies that are required as a result of amendments or cancellations, the above FX margin will apply. For currencies other than the Major Currencies (which cannot be held in the Wallet), the FX margin applied to the original conversion will be used.

* Unless otherwise agreed in writing between the customer and AWX MY.

** The customer mark-up / margin will be included as the FX Exchange Rate that is used to convert one currency for another currency. If any currency is not listed, it will be treated as an “other currency”.

*** SHA: Both the client (sender) and beneficiary will pay fees to the sending bank i.e. fees for the outgoing transfer. Beneficiary will receive the amount transferred less the intermediary banks' fees.

**** OUR: The client pays for the wire transfer fees charged by intermediary banks.

^ Account Updater automatically updates your customers’ saved card information for Visa and Mastercard cards. The fee only applies to Enterprise customers. This feature is enabled by default to increase transaction success rates. To disable this, contact your Account Manager.