facebookHow’s FSMone’s FX rate? I’m applying for an RSP for a USD denominated etf and would like to know how competitive their rates are. Any insights? - Seedly

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Anonymous

13 Jun 2020

General Investing

How’s FSMone’s FX rate? I’m applying for an RSP for a USD denominated etf and would like to know how competitive their rates are. Any insights?

Also, the FSMone RSP page interface is abit confusing imo.

If I’m intending to put in exactly 200sgd per month, am I supposed to adjust the USD amount in the box so that it converts to exactly 200sgd even tho it maybe an odd sum like 124.6usd for instance?

Looking forward to some advice 🙏🏻

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Ng Wei En

Ng Wei En

13 Jun 2020

Analyst at Mastercard

You can find their FX rates under Cash tab then go to Foreign Currency Exchange. I will show u a screenshot of the current FX rate as at 13 June 2020, 1241:

*Real-time FX rates are not available on Saturdays, Sundays, and Singapore Public Holidays, but you are still able to perform FX conversion based on the displayed rates. The rates may not be the most favourable because its a Saturday at time of writing this answer so there might be a slight markup above spot rate.​​​

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