Introducing Batch Transfers: Pay up to 1000 recipients in different countries and in different currencies in one go

Airwallex’s Batch Transfers feature is designed to help businesses manage high volumes of international payments for employees, contractors, and suppliers by allowing up to 1,000 transfers to be submitted at once through a standardized template. The feature addresses common challenges including manual data entry, foreign-exchange uncertainty, payment failures, and limited cost visibility by validating uploaded payment details, supporting approval workflows, offering real-time payment-status notifications, and allowing invalid entries to be set aside without delaying the rest of a batch. Users can specify either the amount they pay or the exact local-currency amount recipients should receive, while Airwallex calculates conversions and fees. Integrated with Airwallex’s global transfer network across more than 110 countries, the service provides access to local payment rails, upfront FX rates and fees, and claims that 70% of funds arrive within hours or on the same day based on its 2023 transaction data.

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