Dbs online foreign exchange rates

Users of the DBS Multi-Currency Account MCA will be able to carry out round-the-clock exchanges in 12 major currencies by the third quarter this year. DBS launched the account in January. It allows account holders to store their money in up to 12 major currencies, such as the US dollar, Japanese yen and Hong Kong dollar, by performing currency conversions themselves via DBS' Internet or mobile banking platforms.

They can then use their DBS Visa debit card, if it is linked to the MCA as its primary account, to make overseas transactions in the local currency, without incurring the usual additional charges like conversion and bank fees.

DBS MCA's foreign currency transaction volumes had increased by about 30 per cent in February from January, the bank said yesterday.

DBS Multi-currency - laqenyberegi.web.fc2.com

The number of DBS Visa debit card holders here has risen by about 8 per cent since the start of the year to , and last month, the bank saw an 18 per cent surge in DBS Visa cards linked to the DBS MCA, as compared to the start of the year, it added. It's a paradigm shift for customers - they can now exchange in 12 key currencies anytime and anywhere without needing to visit money changers, and pay in foreign currency without additional charges.

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