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Anonymous

17 Sep 2019

SeedlyAMA

What is the best bank account for salary in USD?

I work overseas& earnUSD.12 mth a yr I work 7, rest of yr I have time off. I dont live in SG as the spending power will be eroded with high living costs. Every yr I change a place which lets me save 70-80% annual income. I wanna put this savings to work as I have lived mostly for the moment in my younger days & now I'm making up by saving&investing aggressively. WWYD if you were me. Best bank acc for salary in USD? curently 60-80k/yr. No CPF illiquid and prata policies but convince me otherwise

AMA First Investment

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Kenneth Lou

17 Sep 2019

Co-founder at Seedly

There are some neo-banks coming soon, eg Instarem and Revolut which will allow you to open up a virtual digital multi currency account.

You can actually read the reviews of Revolut here: https://seedly.sg/reviews/multi-currency/revolut

They are in beta phase now! you can comment below if you want to get in the waitlist, will be able to send you an invite if you are a level 4 contributor here in Seedly! :)

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Cedric Jamie Soh

16 Sep 2019

Director at Seniorcare.com.sg

In Singapore?

DBS Multi Currency allows you to keep SGD, USD, JPY and many currencies in one account.

You can easily use the USD for FD or for stock brokerage etc.

You may also ask for Standard Chartered Bank USD Account.

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