Virtual Account
Welfull Trading Ltd.
Bank Name
DBS Bank
Account Number
100-900-22XX
Swift Code
DBSSSGSG
Currency
SGD
Receive money globally,
just like a local.
Stop losing 3-5% on marketplace payouts. Open local currency accounts in USA, UK, EU, Singapore and more. Collect funds in the original currency without forced conversion.
Name-on-Account
The account is under your company name, not Wallex's. This builds trust with your clients.
Multi-Platform Ready
Compatible with all major payment gateways and marketplaces.
Account Specifications
USD Account
- Location: United States
- Format: Account + Routing
- Network: ACH, FedWire
- Speed: T+1
EUR Account
- Location: Europe (London/Frankfurt)
- Format: IBAN
- Network: SEPA
- Speed: T+0 / T+1
GBP Account
- Location: United Kingdom
- Format: Sort Code + Account
- Network: FPS, CHAPS
- Speed: Instant (FPS)
SGD Account
- Location: Singapore
- Format: Local Account No.
- Network: FAST, GIRO, MEPS
- Speed: Instant (FAST)
IDR Account
- Location: Indonesia
- Format: Virtual Account (Permata/BCA)
- Network: LLG, RTGS, Online
- Speed: Instant
HKD Account
- Location: Hong Kong
- Format: Clearing Code + Account
- Network: CHATS, FPS
- Speed: Same Day
Solutions by Industry
eCommerce Sellers
Selling on Amazon USA or Shopify Europe? Don't let the platform convert your earnings at terrible rates (usually 3-4% markup).
Solution: Link your Wallex USD/EUR account. Receive 100% of your earnings. Convert only when you need to pay suppliers.
Software / Agencies
Have clients in the UK or US? They hate paying international wire fees to your local bank. It delays payment and reduces your received amount.
Solution: Put your Wallex Local Account details on your invoice. Clients pay via local transfer (free/cheap for them). You get paid faster.
Collection FAQs
Are these real bank accounts?
They are "Virtual Accounts" mapped to Wallex's master accounts at top-tier banks. Functionally, they work exactly like real bank accounts for receiving funds via local payment networks.
Can I hold the money I receive?
Yes. Unlike many competitors who force-convert your funds immediately, Wallex allows you to hold USD, EUR, GBP, etc., indefinitely in your multi-currency wallet.