--- title: What is the difference between a Global Account and standard Global Payment account? description: What is the difference between a Global Account and standard Global Payment account? --- [Skip to content](https://help.wallex.asia/what-is-the-difference-between-a-global-account-and-standard-global-payment-account#main-content) English Show submenu for translations ![Wallex by MDAQ Colour.png\]](https://help.wallex.asia/hs-fs/hubfs/Wallex%20by%20MDAQ%20Colour.png?height=50&name=Wallex%20by%20MDAQ%20Colour.png) Open main navigation Close main navigation - English Show submenu for translations - Go to Wallex Go to Wallex How can we help? - There are no suggestions because the search field is empty. 1. [Help Page](https://help.wallex.asia/?hsLang=en) 2. [Others](https://help.wallex.asia/others?hsLang=en) 3. [Global Account](https://help.wallex.asia/others?hsLang=en#global-account) # What is the difference between a Global Account and standard Global Payment account? The Global Account is a comprehensive cross-border solution that centralises receivables, conversions and payables into one platform for a seamless experience. You can receive payments in 35 currencies, hold and manage 13 top global and Asian currencies in the Multi-Currency Account (MCA). You can also send money in 47 currencies, and receive funds from multiple different channels into and from the Global Account.   You will have to apply for Global Account on your own accord online. Wallex HongKong and M-DAQ Payment Solutions Pte Ltd do not actively market or promote Global Account. By opting in to open a Global Account online, this means that you will be onboarded directly as a customer of Wallex HongKong, and M-DAQ Payment Solutions Pte Ltd concurrently. You will be able to enjoy the services and products offered by both Wallex HongKong and M-DAQ Payment Solutions Pte Ltd concurrently. As a foreign incorporated company, you may not share the same rights and protections as a company incorporated in Singapore.  - [Getting Started](https://help.wallex.asia/getting-started?hsLang=en#main-content) - [General Information](https://help.wallex.asia/getting-started?hsLang=en#general-information) - [Registration](https://help.wallex.asia/getting-started?hsLang=en#registration) - [Akun Wallex Indonesia (Bahasa)](https://help.wallex.asia/getting-started?hsLang=en#akun-wallex-indonesia-bahasa) - [Account Management](https://help.wallex.asia/account-management?hsLang=en#main-content) - [Account Privacy](https://help.wallex.asia/account-management?hsLang=en#account-privacy) - [Account Setting](https://help.wallex.asia/account-management?hsLang=en#account-setting) - [Account Verification](https://help.wallex.asia/account-management?hsLang=en#account-verification) - [Introduction of Authenticator App (TOTP)](https://help.wallex.asia/account-management?hsLang=en#introduction-of-authenticator-app-totp) - [Global Payment](https://help.wallex.asia/global-payment?hsLang=en#main-content) - [Guideline](https://help.wallex.asia/global-payment?hsLang=en#guideline) - [General Information](https://help.wallex.asia/global-payment?hsLang=en#general-information) - [Sending Money](https://help.wallex.asia/global-payment?hsLang=en#sending-money) - [Payment Issues](https://help.wallex.asia/global-payment?hsLang=en#payment-issues) - [Receiving Issue](https://help.wallex.asia/global-payment?hsLang=en#receiving-issue) - [International Collection](https://help.wallex.asia/international-collection?hsLang=en#main-content) - [Closure of DBS Unnamed Virtual Accounts](https://help.wallex.asia/international-collection?hsLang=en#closure-of-dbs-unnamed-virtual-accounts) - [General Information](https://help.wallex.asia/international-collection?hsLang=en#general-information) - [Incoming Money](https://help.wallex.asia/international-collection?hsLang=en#incoming-money) - [Receiving Issue](https://help.wallex.asia/international-collection?hsLang=en#receiving-issue) - [Multi-Currency Wallet](https://help.wallex.asia/multi-currency-wallet?hsLang=en#main-content) - [General Information](https://help.wallex.asia/multi-currency-wallet?hsLang=en#general-information) - [FX Conversion](https://help.wallex.asia/fx-conversion?hsLang=en#main-content) - [General Information](https://help.wallex.asia/fx-conversion?hsLang=en#general-information) - [Wallex API](https://help.wallex.asia/wallex-api?hsLang=en#main-content) - [General Information](https://help.wallex.asia/wallex-api?hsLang=en#general-information) - [Others](https://help.wallex.asia/others?hsLang=en#main-content) - [Wallex Company Name Change](https://help.wallex.asia/others?hsLang=en#wallex-company-name-change) - [Referral](https://help.wallex.asia/others?hsLang=en#referral) - [Global Account](https://help.wallex.asia/others?hsLang=en#global-account) - [Wallex Malaysia](https://help.wallex.asia/others?hsLang=en#wallex-malaysia) Wallex is a payments solution by M-DAQ Global Pte. Ltd., a leading fintech group driving seamless cross-border transactions through a comprehensive suite of payments and foreign exchange (FX) solutions. For more information, visit wallex.asia or email us at contactus@m-daq.com. Copyright © 2026, M-DAQ Payment Solutions Pte. Ltd