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What Currency Accounts can I Open and How do I Activate Them?

Supported Currency Accounts

HKD Account

JPY Account

SGD Account

CNY Account

AUD Account

SEK Account

USD Account

CAD Account

NOK Account

EUR Account

NZD Account

GBP Account

CHF Account

Activation Steps

Admin users can follow the steps below to activate other Aspire currency accounts:

  1. On your Aspire dashboard, click "Cash" in the left navigation bar under Accounts (web app) or click "Menu" and choose "Cash" (mobile app).

  2. Click “Open new account” on the upper right

  3. Select the currency account you want to open.

  4. Open the available currency account you have selected. Click Continue and your selected currency account will be activated

  5. For SEA Currency Accounts, review Wallex’s Terms & Conditions, then click "Open account"
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Notes:

  • Account activation is subject to approval based on Acceptable Use Policy.

  • You can open one account per currency.

  • Multiple accounts in the same currency are not supported.

More Details on Activating SEA Currency Accounts

What you get

  • A dedicated local collection account in MYR, PHP, IDR, or VND, held in your business's name.

  • The ability to receive payments through each market's domestic payment rails.

  • The ability to convert collected balances into your own HKD, USD, EUR, or GBP accounts.

What happens after you request

Once requested, your account will move through the following statuses:

Status

What it means

Processing

We are setting up your local currency account. This will take 5-6 days, you’ll receive an email from Aspire to collect documents and start your onboarding right after you request.

Active

Your account is ready. You can now receive funds into it.

Rejected

Your request was not approved. Please contact our support team for next steps.

Deactivating & Reactivating Aspire Currency Accounts

If you want to deactivate any of your currency accounts (not your entire Aspire account), please chat with our Support Team after logging in to your Aspire account.

In case you change your mind and want to reactivate your currency account, our Support Team is also available to assist you.

Questions? Chat with us by clicking on the messenger icon at the bottom right of the screen once you are logged in.

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