DBS customers able to spend overseas in local currency without any additional charges | The Online Citizen

I am thinking of opening a DBS Multi-currency account so as to put a small amount in different currency with main purpose of getting better interest rates and small FX gain. Does the DBS MCA offer the best rates among all the bank and is there any transaction cost? As I am existing DBS customer, advantage is one less 2FA token card. You are better off buying the index.

DBS Treasures Wealth Management & Investment Management | DBS Hong Kong

I remain unconvinced, hence re checking with them. No spread is amazing, but if it is too good to be true Sorry Bros, i'm lost here.

DBS Multi-currency account have many categories, which one are we looking at? Isn't bank rate are quite bad in terms of buy and sell rate?

Foreign Currencies, Foreign Exchange Rates | DBS Bank Singapore

DBS Multi-Currency Autosave MCA Most basic one don't have, but the plus will need to maintain 3k. What is a spread?

If no spread the bank will lose money Maybe for small amount is possible but I doubt it's possible for big amount like USDk and above. Thread Tools Show Printable Version Email this Page. Compare full range promo here.

LinkBack LinkBack URL About LinkBacks. Page 1 of DBS Multi-currency I am thinking of opening a DBS Multi-currency account so as to put a small amount in different currency with main purpose of getting better interest rates and small FX gain.

I told my Mom I got 1k per month dividends, she also said I CSB Until I showed her my CDP statement Later they reply you with 2 words "Honest Mistake". Thanks DBS Multi-Currency Autosave MCA Most basic one don't have, but the plus will need to maintain 3k.

Difference between the buying rate and selling rate. If no spread the bank will lose money Maybe for small amount is possible but I doubt it's possible for big amount like USDk and above Usually the spread makes foreign deposit unattractive right? Important Forum Advisory Note.

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