Airwallex Yield’s Availability and Benefits
Airwallex has received a licence from the Securities and Futures Commission of Hong Kong (SFC) to offer asset management services in the region. With this, businesses can earn up to 3.97% on their multi-currency balances.
Yield as an Integrated Solution
By integrating Yield into Airwallex’s platform, users can manage their working capital and extra funds in one place more efficiently. This solution enables them to operate with greater efficiency and earn returns on idle funds.
Airwallex Yield is a low-risk discretionary portfolio management service focused on high-quality, short-duration investments. When it first launched in Hong Kong, Airwallex partnered with JP Morgan Asset Management to offer access to money market instruments.
Flexibility and Convenience
The goal of Airwallex Yield is to allow users to earn returns on multiple currencies without needing separate bank accounts. Businesses can easily transfer funds between the cash balance and the Yield account as needed, consolidating their working capital within the platform.
Following a beta test period, all eligible businesses in Hong Kong can now sign up for Airwallex Yield through Airwallex Capital Hong Kong Limited, which is licenced by the SFC to operate in regulated asset management activities.
