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Anonymous

31 Jan 2021

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If someone deposited USD to my DBS multiplier account, will it be shown as USD or auto converted to SGD?

If USD was deposited to my DBS multiplier account, will it be shown as USD or automatically converted to SGD?

DBS/POSB Multiplier Account

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Randy

31 Jan 2021

Financial Analyst at

It will be shown as usd, and the total balance of your account will move up and down depending on usd/sgd exchange rate (i am not sure if it’s realtime or updated daily lets say).

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Investorean

31 Jan 2021

It will show as USD as dbs multiplier account is a multicurrency account.

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I have a DBS multiplier account. Should I deposit Stashaway/Kristal.AI in USD currency directly and avoid their conversion fee? OR deposit in SGD and allow the robo advisors to do the FX conversion?

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