Empower Your Business with Airwallex Corporate Card
Manage global business spending effortlessly. With the Airwallex Corporate Card (virtual or physical Visa), you can allocate multi-currency budgets, control every transaction, and minimize fees, all through a single dashboard.
What do I get from this card?
Here’s how the spending and savings work:
- Pay directly from held balances in multiple currencies. No need to pre-convert or top up repeatedly.
- 0% foreign transaction fees: Skip hidden FX charges when spending in foreign currencies, so long as you have the right currency balance.
- Auto-conversion at competitive FX rates if your account doesn’t have the currency you need.
- Instant issuance: Virtual cards can be created in minutes and used immediately.
- Spend controls and visibility: Set limits, freeze or cancel cards instantly, and see all transactions in real time.
- Built-in expense management: Employees can submit expenses, and you can approve them. No more manual reimbursements.
What is this card?
This is a Visa-based business spending card (debit/expense) linked to your Airwallex multi-currency wallet. The card allows you to perform purchases globally using balances in your various currency wallets. It's not a credit card; instead, spending comes out of your held funds.
There are two main types:
- Company Cards: virtual only, ideal for shared or departmental spending.
- Employee Cards: physical or virtual cards assigned to individuals, managed by admins with set limits and oversight.
Who Can Use or Apply for This Card?
- Businesses with an active, verified Airwallex business account.
- Entities registered in countries where Airwallex offers card issuance. In Malaysia, the site lists the card feature under “Spend Management / Cards.”
- Admins of the account (or authorised users) will issue and manage cards.
What Documents Are Required?
You generally need to prepare the documents below:
- Certificate of Incorporation
- Register of Directors
- Register of Members
- Ownership Structure Chart (if applicable)
- Partnership Disclosure & Declaration Form (if applicable)
- Financial Institution Onboarding Questionnaire (if applicable)
- Authorisation Letter (if applicable)
- ID of UBO (if applicable)
- ID of Authorised Person (if applicable)
- Individual Address Proof (if applicable)
What Fees and Limitations Are There?
- Card issuance/management fee: Usually no cost for creating virtual or physical cards (within limits).
- Foreign transaction fees: 0%, provided you spend using the correct currency balance.
- Auto-conversion / FX markup: If the required currency is not in your balances, conversion applies at competitive FX rates.
- ATM/cash withdrawal: Not supported — the card cannot be used to withdraw cash.
Frequently Asked Questions
What’s the difference between a Company card and an Employee card?
- Company cards: Virtual only, managed centrally, used for shared or team expenses. Admins see and control spending.
- Employee cards: Tied to an individual, can be physical or virtual, with spending limits managed by admins.
Can I use the card globally?
Yes, it works anywhere Visa is accepted, online or in-store.
Are there foreign transaction fees?
No hidden FX fees if you spend from the right currency balance. If not, auto-conversion applies.
Can I withdraw cash?
No, the card doesn’t support ATM withdrawals or cash access.
How many cards can I issue?
That depends on your Airwallex plan. Some tiers allow a limited number of free employee/company cards, with more available depending on subscription.
