Filipino freelancers and agencies earning in multiple currencies need better payment infrastructure than traditional banks offer. BDO and BPI charge 2-4% on forex conversion, limit currency options, and process slowly. Airwallex provides multi-currency business accounts with competitive rates and instant virtual cards — built for international business.
Airwallex vs Current Options
| Feature | Airwallex | PH Banks | PayPal |
|---|---|---|---|
| Currencies | 60+ | PHP + limited | 25 |
| FX fee | 0.5-1% | 2-4% | 3-4% |
| Virtual cards | Unlimited | Limited | None |
| Monthly | Free | Varies | Free |
How to Use
Open your free Airwallex business account. Get local bank details sa USD, EUR, GBP. Share with clients para direct payment. Virtual cards for paying SaaS subscriptions at real rates. For personal transfers to GCash or BDO, complement with Wise.
Best For Filipino Freelancers
- Agency collections: Receive from multiple international clients
- SaaS payments: Virtual cards na walang forex markup
- Team payroll: Pay VAs and contractors globally
- E-commerce: Accept international customer payments
- Multi-currency holding: Keep USD and convert when PHP rate is favorable
Frequently Asked Questions
Available sa Philippines?
Airwallex supports businesses globally. Check their site for PH features and verification process.
vs Wise?
Airwallex for business multi-currency needs. Wise for personal transfers. Maganda gamitin pareho.
Transfer to GCash?
Via Philippine bank account. Convert in Airwallex, transfer to BDO/BPI, then to GCash if needed.
Fees?
No monthly fees. FX 0.5-1%. Much cheaper than banks at 2-4%.
Related: Earn Online PH | Payment Methods | Freelancing Guide