Business payments don't have to be complicated
Try Sokin and see for yourself
Sokin vs Airwallex:
Which delivers
more value?
Compare pricing, features, and flexibility to find the platform that helps your business scale internationally; without any hidden fees.
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Morgan Stanley invests to become our trusted partner in growth
Recognised as one of the fastest-growing private technology companies.
Fast and Free Onboarding
Transparent Pricing
Hands on Support
SME Friendly
Sokin puts business owners and finance teams first
Pricing that stays predictable
No subscription. No surprises. Just flat transfer fees and transparent FX, no matter the currency, that help finance teams forecast with confidence.
Put idle funds to work
Earn up to 3.5% AER on GBP, EUR, and USD balances; put your working capital to work.
Support that actually solves things
Clear communications and quick resolutions through real people; to ensure your account is never in the way of business.
Why fast-growing businesses choose Sokin
Sokin is designed for finance teams that value clarity, control, and consistency in their global operations. With transparent FX, no monthly fees, multi-currency accounts, and predictable payment costs, Sokin helps businesses budget confidently, streamline cross-border transfers, and scale without complexity.
Airwallex*
Monthly fee**
Explore plan £19 monthly, free if £10K stored or deposited
🏆 No monthly fee
Currency exchange fee**
Interbank rate + 0.5% - 1% fee depending on currency
Wholesale rate + min 0.5% regardless of currency
Transfer fee**
From £10 - £20 if local routes are unavailable, otherwise free
🏆 From £5
Inbound fee
Only on payments via local routes
🏆 No inbound fee
Local account details
🏆 12+ regions including GBP, EUR, USD
5 regions including GBP, EUR, USD
Hold and manage multiple currencies
20
🏆 26
Countries you can send to
150
🏆 170
Earn on balances***
Coming soon
up to 3.5% on USD, GBP and EUR***
Payout currencies
60+
🏆 70+
Accounting Integrations
🏆 6 accounting services (inc Sage, Xero, NetSuite)
Sage, Xero, NetSuite, QuickBooks
Multiple accounts per entity
Yes
Yes
E-commerce Plugin
🏆 10 eCommerce platforms (inc Shopify, wooCommerce and Magento)
wooCommerce, Magento and more
Disclaimer:
*Airwallex information shown is based on publicly available UK pricing (based on the Airwallex Explore plan) and product details as at January 6, 2026. Fees, features, and availability may vary by country, entity type, and customer profile.
**May vary by region.
*** Sokin Premium wallets and Boosts are subject availability depending on your region. Sokin reserves the right to withdraw or not offer this product to any account. Premium Wallets and the Boost functionality is only available to Sokin Business Customers who have a multi currency account. The Interest rates outlined are correct as of 1st September 2025 and are subject to change depending on the Central Bank rate change.
*Airwallex information shown is based on publicly available UK pricing (based on the Airwallex Explore plan) and product details as at January 6, 2026. Fees, features, and availability may vary by country, entity type, and customer profile.
**May vary by region.
*** Sokin Premium wallets and Boosts are subject availability depending on your region. Sokin reserves the right to withdraw or not offer this product to any account. Premium Wallets and the Boost functionality is only available to Sokin Business Customers who have a multi currency account. The Interest rates outlined are correct as of 1st September 2025 and are subject to change depending on the Central Bank rate change.
Compare the landscape
Every global payments partner offers something different. Explore our comprehensive blog to ensure you have the agility and reach your business demands.
3 more reasons to switch from Airwallex to Sokin
Enjoy the best of business banking through one easy portal
- Transparent Pricing No hidden FX markups. No complex fee structures. Just flat, predictable costs.
- Stellar Customer Support Talk to experts who provide clear answers instead of automated replies.
- Trusted Partnerships Supported by global financial institutions and built to grow with your business.
All the currencies you need.
At our best rates, guaranteed.
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See our real impact
70+
payout currencies
170
Countries you can send to
$8B
payment volume processed
Products we offer
Multi-currency Accounts
Receive funds in 26 currency accounts across local and multi-currency accounts.
FX & Payments
Send fast international payments to over 170 countries in 70+ currencies.
Balance boost
Switch on your Boost to earn upto 3.5% AER on unlimited USD, EUR and GBP balances.
Payment gateway
Ecommerce payment gateway that supports your domestic & international customer base.
Accounting integrations
Connect directly with your existing ERP and accounting platforms to fuel efficiency.
Questions and Answers
Does Airwallex always charge a monthly fee?
In the UK, Airwallex’s business plans start at £19 a month, though you can avoid the fee if you keep at least £10,000 in your account. With Sokin, there are no monthly fees at all – and no balance requirements.
What are Airwallex’s SWIFT fees?
If you send money via SWIFT with Airwallex, you’ll usually pay between £10 and £20 per transfer. SWIFT fees on Sokin go as low as 5 units.
How fast are international transfers on Airwallex?
Airwallex transfers can arrive the same day or take up to two days, depending on the route. Sokin sends money instantly between Sokin accounts and offers access to local routes which are typically the fastest routes in the region.
Which payment methods are available to customers?
Customers can pay via popular cards, including Visa and Mastercard, and wallets, including Apple Pay and Google Pay.
