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.