OCBC Global Savings Account
Asked on 13 Feb 2020
Is it more for foreigners kind of thing? Also, how do transactions in foreign currency work in SG?
Meant to diversify currency risk. however should only include "stable" currencies,
if meant for saving.
Currency conversions can be done in SG by Your bank, but this is way to expensive.
If you are in need to convert currencies, use cheaper(and safe) Services
like Transferwise or CurrencyFair. If you f.ex. have in SG two bank accounts
in nominal SGD and USD currency, You can do the conversion even within Singapore.