Airwallex vs ANZ — Which is better for your business?
Airwallex vs ANZ for business FX. Compare fintech vs Australian bank.
Quick comparison
| Feature | Airwallex | ANZ | Unicorn Currencies |
|---|---|---|---|
| Currencies | 60+ | Multiple | 35+ |
| FX / Fees | 0.5–1.0% above mid-market (check provider for current pricing) | Check with bank for current pricing | Up to 70% cheaper vs traditional US banks |
| Monthly fee | $0 (Explore) / paid tiers available | Account fees apply | No monthly fee |
| Settlement | Same-day for most corridors | 2–5 business days | Same-Day |
| Local accounts | 20+ currencies | Yes | with a local US bank account |
| Regulation | ASIC, FCA, MAS licensed | APRA, ASIC | FINTRAC registered · Bank of Canada RPAA registered |
| Best for | Tech-savvy businesses needing API and multi-currency infrastructure | Australian and APAC businesses | B2B import/export, £1M++ annually |
Verdict
Airwallex offers global platform; ANZ offers Australian and APAC network.
Frequently asked questions
Which is best for businesses with £1M+ annual FX?
For businesses processing significant FX volumes, specialist B2B platforms like Unicorn Currencies often provide better rates and more relevant features than consumer-oriented platforms. Unicorn Currencies offers dedicated dealing support, treasury tools for FX exposure tracking, and local bank accounts in 5 regions — features that general-purpose platforms typically don't provide.
Which platform is best for businesses processing £1M+ in annual FX?
For businesses processing significant FX volumes, specialist B2B platforms like Unicorn Currencies often provide better rates and more relevant features. Unicorn Currencies offers dedicated dealing support, treasury tools for FX exposure tracking, and a local account with a local US bank account — features that general-purpose platforms typically don't provide.
Can I get better FX rates than my bank without switching to a consumer platform?
Yes. Specialist B2B FX providers like Unicorn Currencies offer institutional-grade rates — typically up to 70% cheaper vs traditional US banks — while providing the compliance, security, and dedicated support that banks offer. Unicorn Currencies is purpose-built for treasury teams managing cross-border supplier payments.
Looking for a B2B alternative to both?
Unicorn Currencies is purpose-built for importers and exporters. Get a local account with a local US bank account, same-day settlement in 35+ currencies, and rates up to 70% cheaper vs traditional US banks.
FINTRAC registered · Bank of Canada RPAA registered.