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Anonymous

06 Jun 2020

∙

General Investing

Are Revolut and Transferwise unable to fund Saxo Market?

I recently contacted the Saxo market and below is the reply.

You cannot fund your account from any e-wallet account- Saxo Market

Wise Money Transfer Saxo Markets Revolut Card

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Wrong Sean

07 May 2020

I believe Saxo accepts account funding via a credit/debit card. Revolut and Transferwise do issue debit cards in Singapore.

Have you tried using them to fund your Saxo account?

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Are you 100% sure that using Transferwise or Revolut will secure better rate than funding sgd directly into Saxo USD acc that charges currency conversion fee of mid spot rate +/- 0.75%?

Can you withdraw your funds to Revolut from SAXO markets?

Recently opened a Saxo account for trading in the US markets. Was wondering if YouTrip or Revolut can be used to fund it in USD instead of SGD?

Can I use YouTrip to transfer USD to Saxo since Revolut is unable to transfer USD to Saxo now?

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