Take the hassle out of doing business internationally
Open and manage global accounts in 11 different currencies to pay like a local.
Maximise returns on your multi-currency balances
Introducing Yield - a high rate savings solution for balances in AUD and USD, with no lock up period required.
Earn 3.89% on USD and 3.59% on AUD+
Invoice in local currencies
You can automatically send invoices to your suppliers and customers in their preferred currency.
Hold multiple foreign currencies
Receive payments and spend in the same currencies across your global accounts, saving you repeated and costly conversions.
Bring your money back and save
Convert funds into your preferred currency in seconds and improve profits with bank-beating exchange rates.
Grow your business without borders
Receive, hold and send funds in 11 foreign currencies
Discover more with Qantas Business Money
Features & Benefits
View Qantas Business Money core functions and Qantas Points offers at a glance.
Frequently asked questions
A global account is a foreign currency transaction account that allows you to receive, hold and send funds in foreign currencies. You can make and receive payments in currencies such as USD, EUR and CNY, without needing to open a bank account in the respective country.
By comparison, a regular transaction account forcibly converts funds in and out of your home currency with every transaction, incurring fees in both directions. Qantas Business Money allows your business to avoid unnecessary conversions and fees, so you can spend more on the growth of your business.
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A foreign currency account can be used instead of a traditional bank account to avoid unnecessary conversions and save on everyday expenses.
You can also hold funds in a foreign currency and choose a time to convert when the exchange rate is favourable or until you really need them in your home currency.
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Funds received via a Global Account are held in your wallet. Create a transfer to withdraw or send funds to another bank account. See our Creating a Transfer guide.
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Offered as part of the Qantas Business Money platform powered by Airwallex, the Yield feature gives your business the opportunity to earn a competitive return on your balances held in multiple currencies by investing into money market funds. There are no lock-up periods and you can access your funds as needed.
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Term deposits also allow you to earn a return on your funds, but typically require that you hold your funds in the term deposit account for a set period of time such as 30, 60, or 90 days to be eligible to earn interest. If you wish to access your funds before the end of the term, you may incur a penalty. With Yield, you are not required to hold your funds for a set time period, and you can access your funds at any time without incurring fees. Funds generally settle from your Yield account to your cash balances in 1-2 business days (with the exception of distribution periods or any exceptional circumstances). In addition, Airwallex Yield is an investment product that generates rates of return rather than an interest rate.
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At the moment, Yield allows your business to earn returns on your AUD and USD balances, with a minimum initial deposit of $10,000AUD equivalent.
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Important information
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.
Qantas Business Money is powered by Airwallex Pty Ltd (ABN 37 609 653 312, AFSL No. 487221) and Airwallex Capital Pty Ltd (ABN 12 661 618 819, AFSL No. 549026). Your access to Qantas Business Money and Yield 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 the Product Disclosure Statements (PDS) before you make a decision regarding these services. You can obtain a copy of the PDS here for Qantas Business Money and here for Yield. Applications for Qantas Business Money will be assessed by Airwallex and are subject to Airwallex's approval. Yield is issued by K2 Asset Management Ltd (ABN 95 085 445 094, AFSL No. 244 393), a wholly owned subsidiary of K2 Asset Management Holdings Ltd. Personal information collected will be handled in accordance with the Qantas Privacy Policy and the Airwallex Privacy Policy.
*Earn 1 Qantas Point for every $1AUD equivalent of foreign currency conversions transacted through Qantas Business Money starting from 1.75% fees. Qantas Points will be earned on the conversion amount and conversion fee. Qantas Points should be credited to the Qantas Business Rewards account within 3 business days of the conversion being completed. Offer is limited to one redemption per ABN. These points will be credited to the Qantas Business Rewards account in accordance with the Qantas Business Rewards Terms and Conditions.
+All investments carry risk. Target returns of Airwallex Yield as issued by Qantas Business Money are net of fees as at 7 July 2025 AEDT and indicate past 7-day annualised returns of the relevant underlying JPMorgan Liquidity Funds. Traditional rates used for comparison are an average of the big four banks' business saver per annum rates as at 1 July 2024.
Qantas would like to acknowledge the Traditional Custodians of the local lands and waterways on which we live, work and fly. We pay our respects to Elders past and present.