yuting

27 Sep 2021

∙

Hi, I note that Direct Crediting Service for foreign currency (such as USD or EUR) is available but the exchange rate used is extremely low.

I would like to know how else we can transfer sales of Eur stocks back to Singapore bank account. Any one know what are the charges involved when we transfer EUR in Europe to SGD in singapore?

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Hi, I note that Direct Crediting Service for foreign currency (such as USD or EUR) is not available and we should perform currency conversion service. Should we or wait for DCS for foreign currency?

When buying foreign stocks, do you stock up on foreign currencies when it is at a low against SGD? Or only when u want to buy a foreign stock, you exchange whatever rates the brokerage give?

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%?

Does anyone know would it be better to use frank debit card or OCBC 365 credit card for foreign currency conversion (e.g. SGD to USD)?

What cards do y'all use for online shopping in foreign currency such as pound, USD etc. Tried youtrip few days back and it was a smooth transaction, tho nt sure if I'm getting the best rate?

Related Posts

Hi, I note that Direct Crediting Service for foreign currency (such as USD or EUR) is not available and we should perform currency conversion service. Should we or wait for DCS for foreign currency?

When buying foreign stocks, do you stock up on foreign currencies when it is at a low against SGD? Or only when u want to buy a foreign stock, you exchange whatever rates the brokerage give?

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%?

Does anyone know would it be better to use frank debit card or OCBC 365 credit card for foreign currency conversion (e.g. SGD to USD)?

What cards do y'all use for online shopping in foreign currency such as pound, USD etc. Tried youtrip few days back and it was a smooth transaction, tho nt sure if I'm getting the best rate?