What Are Airwallex Fees in India in 2026?

Airwallex fees for Indian users, as published on Airwallex's own pricing pages and checked on 30 Sept 2026.

Airwallex charges through a receiving fee, an FX markup on conversion and, in some cases, payout or fixed fees.

• Transaction fee: No fee to receive USD into a Global Account; free local payouts; Explore plan has no monthly fee (Grow SGD 79/month, Accelerate from SGD 399/month)
• FX markup: 0.60% customer mark-up for INR (0.40% for major currencies such as USD, EUR, GBP), included in the exchange rate, per the Singapore fee schedule; optional API quote-lock premiums of 0.02% to 0.30% are extra; India-specific rate Not confirmed
• Withdrawal fee: Convert the balance to INR with the 0.60% customer mark-up included in the rate and send by local transfer to the Indian bank account; the local payout fee is $0. SWIFT payouts cost SGD 20 (SHA) or SGD 35 (OUR).
• GST: The Singapore fee schedule states fees are exclusive of GST where applicable. Whether Indian GST applies to Indian customers is Not confirmed.

Calculation basis: No fee model. Airwallex publishes no India-specific pricing. Its eligible countries table maps India-registered businesses to the Airwallex Singapore entity, and the Singapore fee schedule (rechecked 7 Oct 2026) lists a 0% Global Account receiving fee for USD, a 0.60% customer mark-up for INR that is included in the exchange rate, and a $0 local payout fee. The schedule states its fees are exclusive of GST 'where applicable' without saying whether Indian GST applies to an India-registered customer, and it does not say it is the schedule billed to Indian customers. Optional API quote-validity premiums (0.02% to 0.30%) are added on top of the mark-up for API users. Because GST treatment for an Indian resident is not published, the model cannot be completed.

Airwallex's fee depends on how your client pays. Methods not listed are not supported or not published for Indian users.

Published FX markup: 0.60% customer mark-up for INR (0.40% for major currencies such as USD, EUR, GBP), included in the exchange rate, per the Singapore fee schedule; optional API quote-lock premiums of 0.02% to 0.30% are extra; India-specific rate Not confirmed. The markup is the difference between the mid-market rate and the rate Airwallex applies when converting to INR.

The Singapore fee schedule states fees are exclusive of GST where applicable. Whether Indian GST applies to Indian customers is Not confirmed.

The table shows each charge line by line at the XE mid-market rate for 3 Nov 2026.

• Explore plan: Free
• Grow plan: SGD 79/month
• Accelerate plan: From SGD 399/month
• SWIFT payout: SGD 20 (SHA) or SGD 35 (OUR) per payout
• FIRC: May be charged by the banking partner; quoted by support on request
• Extra spend users: SGD 5 per additional active spend user per month (5 free)
• API FX quote validity premium (optional, API version 2024-06-30 or later): 0.02% (1 minute) to 0.30% (24 hours), added to the FX mark-up

• Payment method: Ask clients to pay by local bank transfer to your account details, which usually costs less than cards, wallets or Swift wires.
• Invoice size: Where a platform charges a flat fee per payment, fewer and larger invoices lower the cost as a share of revenue.
• Conversion: Compare the rate offered with the mid-market rate on the day, because the FX markup is often the larger cost.
• GST: Keep the platform's tax invoices, since GST paid on fees may be claimable as input tax credit if you are GST registered.

Platforms are ranked by the INR received on a $5,000 invoice, with Airwallex included.

Fees were checked on Airwallex's own pages on 30 Sept 2026. INR figures use the XE mid-market rate for 3 Nov 2026. The formula is on the methodology page.

1. Airwallex Help: Eligible Countries and Territories, INDIA IN - AWX Legal Entity SINGAPORE (checked 7 Oct 2026)
2. Airwallex Help: Eligibility to open an account, unable to offer personal accounts to individuals (checked 6 Oct 2026)
3. Airwallex Singapore Fee Schedule, Customer Mark-Up / Margin (... INR ...) 0.60%; "The customer mark-up / margin will be included as the FX Exchange Rate"; Global Account Receiving Funds Fee 0% for other currencies; Local Payout Fee $0; 24-Hour Quote Validity 0.30%; "exclusive of GST (where applicable)" (checked 7 Oct 2026)
4. Airwallex Singapore Pricing, Grow $79/month; Accelerate from $399/month; 3.60% + $0.50 international cards (checked 6 Oct 2026)
5. Airwallex: Send money to India (Singapore), Approximately 90% of transactions are processed within a few hours to one business day (checked 6 Oct 2026)
6. Airwallex Help: What is an FIRC and how do I get one?, "there may be a fee associated with issuing an FIRC. This fee is not set by Airwallex; it is determined by our banking partner" (checked 7 Oct 2026)
7. Airwallex Help: Which currencies can I get a Global Account in (checked 6 Oct 2026)
8. Airwallex Help: Documents required for companies in other countries, Ultimate Beneficial owner ... more than 25% of the issued share capital (checked 6 Oct 2026)
9. Airwallex Help: Limits for transfers and deposits (checked 6 Oct 2026)
10. RBI: Certificates of Authorisation under the PSS Act (30 Sep 2026), Airwallex not listed (checked 6 Oct 2026)