Glossary

Reconciliation

Matching bank, card, and payment records to invoices and ledger entries.

Matching bank, card, and payment records to invoices and ledger entries.

Connect the term to real Airwallex product behaviour and practical finance operations.

In Airwallex-related workflows, understanding Reconciliation helps finance and product teams reason about settlement speed, reconciliation, customer experience, and total cost—not just a single transaction fee.

This term becomes most useful when attached to a real operating decision such as when to convert FX, when to prefer local rails over SWIFT, or how to hold balances before payout.

Key points

  • Plain-English definition
  • Connect the term to real Airwallex product behaviour and practical finance operations.
  • Mapped to practical Airwallex operations rather than abstract theory
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