Multi-currency accounts help businesses manage international trade efficiently. Learn which account fits your business.
If your business deals with overseas clients, a multi-currency account reduces FX conversion loss and allows better liquidity management.
DBS, UOB, and OCBC all offer SGD, USD, EUR, GBP, and other major currencies.
Features may include:
- Real-time FX rates
- Local currency account numbers
- SWIFT & SEPA access Fintech players like Airwallex provide business IBANs and better exchange rates. Always compare FX margins, receiving fees, and payout speeds.
About the Author
Helen Lili – Editor, Research Lead
Helen leads tariff analysis and product change tracking. She maintains the normalized dataset that powers our comparison tables and ensures each claim links back to a dated primary source.
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Disclaimer:The BankOpen Singapore Editorial Team consists of financial analysts, banking industry professionals, and experienced writers. We are dedicated to providing accurate, up-to-date, and practical insights to help readers navigate Singapore’s banking landscape and make informed financial decisions. The information provided in this article is for general informational purposes only and does not constitute financial, investment, or legal advice. Always consult with a qualified professional before making any banking or investment decisions.