Anonymous

23 May 2020

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General Investing

Is wire transfer of USD to FSMone/Standard Chartered Online Trading accounts available?

Is it possible to do Revolut/Transferwise/Instarem transfer of USD to the cash accounts of the above brokerages? Else, what are the respective FX charges for both?

FSMOne Fundsupermart Standard Chartered Online Trading Revolut Card Wise Money Transfer

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Wrong Sean

23 May 2020

For SC, I don’t think so. They don’t provide the bank details for doing the wire transfer. I haven’t tried asking though. Maybe I should ask them next week.

https://www.sc.com/sg/investment/livefx/

SC has the LiveFX platform now. So I usually use it to convert to USD from SGD. The conversion rate is usually less than 1% difference between LiveFX and TransferWise after fees.

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