The Kingdom Bank vs Airwallex
On cashback Airwallex wins (up to 1.5%). In our editorial rating Airwallex leads (4.3 vs 2.5). Neither wins across the board: weigh the points above against your use case before choosing between The Kingdom Bank and Airwallex.
| The Kingdom Bank | Airwallex | |
|---|---|---|
| Tier | D | A |
| Rating | ★ 2.5 | ★ 4.3 |
| Estimated net annual cost | €0 | €0 |
| Account fee | Free | Free |
| IBAN | dedicato · DM | dedicato |
| Multi-currency | Yes · 80 currencies | Yes · 23 currencies |
| Outbound transfers to third-party IBANs | Yes | No |
| Utility direct billing | No | No |
| SEPA direct debit (SDD) | No | No |
| On-chain crypto withdrawal | Yes | No |
| Interest on balance | 0% | 3.45% |
| ATM withdrawal | not declared | not declared |
| Fund custody | Custodial (platform holds funds) | Custodial (platform holds funds) |
| KYC | Full | Full |
| Supported countries | EEA, APAC, LATAM, MENA, AFRICA · 100+ countries | EEA, UK, US, APAC, LATAM · 130+ countries |
| Regulator | Financial Services Unit, Ministry of Finance of Dominica | ASIC / AUSTRAC |
| OAM Italy registration | No | — |
| Segment | B2C | B2B |
| SEPA transfer | — | Free |
| Regions | EU/EEA, APAC, LATAM, MENA, Africa | EU/EEA, UK, US, APAC, LATAM |
| Licences & safety | International Banking License | Payment Institution |
Frequently asked questions
The Kingdom Bank vs Airwallex: which is better?
On cashback Airwallex wins (up to 1.5%). In our editorial rating Airwallex leads (4.3 vs 2.5). Neither wins across the board: weigh the points above against your use case before choosing between The Kingdom Bank and Airwallex.
Which is cheaper, The Kingdom Bank or Airwallex?
On the standard spending profile The Kingdom Bank has the lowest net annual cost: €0 versus €0 for Airwallex.
Which offers more cashback, The Kingdom Bank or Airwallex?
Airwallex has the highest cashback: up to 1.5%. Note the top rate often requires token staking and is subject to spending caps.
Is The Kingdom Bank custodial or self-custody?
The Kingdom Bank is custodial: funds are held by the platform, while Airwallex is custodial.
Which is better for spending abroad?
For foreign-currency spending The Kingdom Bank wins, with the lowest FX markup: 0%.