Anonymous

18 Feb 2020

∙

Any businesses here have a multi-currency account? Which ones do you use and why?

Is it a good idea to get a MCC account for business? Especially if I'll be dealing with a high volume of overseas transactions

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Frankie Rappaport

18 Feb 2020

Yes, as mentioned, Transferwise is safe and very cheap.

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Adrian Goh Jun Wei

18 Feb 2020

Product at Nodeflair

I am using TransferWise!

Simple and intuitive - break down complicated processes into steps

Ease of Transfer

Just have to transfer the amount to their PayNow - very easy and straight forward!

Love the fact that they have a "Guaranteed transfer amount" where you can lock down the amount you wish the other person received. From there, you will pay a small top-up, which most likely will be refunded to you if the currency conversion rate did not fluctuate too much

Sign up using my link and both gets $100!

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I’ve just started a sole proprietorship. I want to separate business profits and personal savings. Should I open a corporate account or use my DBS multi currency account to receive all revenues?

I'd like to fund mt TD ameritrade thru DBS. May I know which type of DBS account is the best to use? E.g., personal saving account, multi-currency acc.?

Can anyone advise which is the best broker to use for US market, taking into account that I have a multi-currency account and prefer to keep USD rather than constantly converting between SGD-USD?