Airwallex wants you to have the confidence that you are getting the most optimal exchange rate.
To achieve this, we will directly utilise the exchange rate from the settlements we receive from card schemes to convert payments you receive in a different currency to your default settlement currency.
As a result of this initiative, you may find differing exchange rates used across transactions within the same day. This happens because various card schemes use their own exchange rates and each of the schemes could have a different daily cut-off time than your settlement cycle.