Earn Qantas Points on your conversions and spend less on fees when you make payments across the globe
Earn 1 Qantas Point for every $1AUD equivalent you convert#
Faster, cheaper, and more rewarding
No international transaction fees‡, cheaper exchange rates~ and no annual fees, plus the added reward of Qantas Points.
Save up to 50% on foreign currency conversions~
Access highly competitive rates as low as 1.75%, compared to the 3-6% that can be charged by the traditional banks.
Transfer money globally with ease
With over 30+ currencies available across over 130 countries, transferring money across the world is both easy and rewarding.
International payments, just like a local
Make regular international payments a breeze with batch payments- bundling your transactions to process them in bulk. Find out moreOpens in a new tab or window
Currency conversion fees with Qantas Business Money
^ Where possible, Qantas Business Money offers live exchange rates. Find out more hereOpens in a new tab or window. *CNY has an additional payout fee and requires additional information to be enabled. Please contact the service team hereOpens in a new tab or window. **To pay suppliers in these currencies, please contact the service team hereOpens in a new tab or window.
Discover more with Qantas Business Money
Features & Benefits
View Qantas Business Money core functions and current Qantas Points offers.
Global Accounts
Open domestic and foreign currency business accounts in minutes to start collecting payments.
Frequently asked questions
Earn 1 Qantas Point on every $1AUD equivalent you convert on foreign currency conversions. You can then use your points for yourself or for your team on rewards like flights, seat upgrades, hotel accommodation and more.
A business must be a Qantas Business Rewards Member to earn Qantas Points for the business. A business will automatically be signed up to Qantas Business Rewards upon creation of a Qantas Business Money account for free. Membership and Qantas Points for business are offered under the Qantas Business Rewards Terms and Conditions and earning thresholds apply.
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You should receive your Qantas points within 2 business days of a successful conversion at or above $10AUD equivalent. To check your points balance, visit your Qantas Business Rewards account.
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We have integrated with a number of financial institutions (including liquidity providers) around the world that provide pricing and execution services.
The foreign exchange rate is used based on a wide variety of factors including available liquidity in the market, available prices from liquidity providers, other market conditions and any sales margin agreed to by the client.
Given the nature of foreign exchange markets, there is no single interbank rate. Our interbank rate is determined by us having reference to live exchange rates from our partners and market data sources, and then calculating a blended rate from those sources. The blended rate may involve calculating the weighted average of one or more exchange rates available to us.
We don't include a markup specific to you in the interbank rate. However, foreign exchange markets generally only operate 5 days per week, Monday to Friday. During the weekend, and other times when markets are closed or where rates are unavailable to us, an additional markup may be applied to our interbank rate to account for such situations.
Confirmation of the foreign exchange rate used in any conversion is provided immediately after a foreign currency transaction.
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When you initiate a transfer, you can typically expect it to be received by your recipient within 3-5 business days regardless of the transfer method selected.
However, please note in some cases such as public holiday periods), there may be some delays to process requests for supporting documents or inquiries regarding incorrect account information.
If we're able to offer a local payout method to the country of your recipient's bank account, then it's generally safe to assume that this option will be quicker than choosing SWIFT.
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An international money transfer is like any other transfer. You don’t need to open an account with a bank in a foreign country to send a payment overseas.
In fact, with Qantas Business Money, you can select your preferred currency to pay in with no hidden fees and our best foreign currency rate, regardless of how big or small your business is.
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Important information
Qantas Business Money is powered by Airwallex Pty Ltd (ABN 37 609 653 312, AFSL No. 487221). Your access to Qantas Business Money is arranged by Qantas as Airwallex’s authorised representative (No. 261363).
This information doesn’t take into account your objectives, financial situation, or needs. It is important for you to consider these matters and read Airwallex's Product Disclosure Statement (PDS) before you make a decision regarding these services. You can obtain a copy of the PDS here. Applications for Qantas Business Money will be assessed by Airwallex and are subject to Airwallex's approval. Personal information collected will be handled in accordance with the Qantas Privacy Policy and the Airwallex Privacy Policy.
A business must be a Qantas Business Rewards Member to earn Qantas Points for the business. A business will automatically be signed up to Qantas Business Rewards upon creation of a Qantas Business Money account for free. Membership and Qantas Points for business are offered under the Qantas Business Rewards Terms and Conditions and earning thresholds apply.
‡Where payments are made through Airwallex’s payment network there are no payment fees. However, any payments made via the SWIFT network will still incur a payment fee from $10AUD (or AUD equivalent). Click here for more information.
^Where possible, Qantas Business Money offers live exchange rates. Find out more here.
*CNY has an additional payout fee and requires additional information to be enabled. Click here for more information.
**To pay suppliers in these currencies, please speak to one of our product specialists here
~The FX price comparison is based on comparing quoted Qantas Business Money FX rates against published USD/AUD rates of the big 4 banks in Australia (Commonwealth Bank of Australia, National Australia Bank, Westpac Banking Corporation, and Australia and New Zealand Banking Group). Click here for more information.
#Qantas Points will be earned on the conversion amount and conversion fee. Earn 1 Qantas Point for every $1AUD equivalent of foreign currency conversions transacted through Qantas Business Money on all conversions where the fee is 1.75% or above. Qantas Points will be credited to the Qantas Business Rewards account within 3 business days of the conversion being completed. Offer is limited to one per ABN. These points will be credited to the Qantas Business Rewards account in accordance with the Qantas Business Rewards Terms and Conditions.
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We pay respect to Elders past, present and emerging.