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Anonymous

07 Jun 2020

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General Investing

Are we given international bank details when opening Transferwise in SG? Are we allowed to transfer USD proceeds of stock sale to Transferwise?

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Wrong Sean

07 Jun 2020

If you opt for the borderless account from TransferWise, you will be provided with USD bank account details that you can use to receive USD into TransferWise.

https://transferwise.com/sg/borderless/

You would need to check the method of transfer from the source and see if there are additional charges. Typically it’s either by SWIFT for international transfers or ACH for US-based transfers.

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