XAPO is not fintech la. It is a bank.

Yes, I have bank accounts in SG but I didn't use it because expensive to pay for it as the fee type is on BEN, not OUR.

i consider them fintech lah... started with bitcoin... lol... they are not the traditional high street type banks... quite sure you cant find a walk in branch... hahaha...

My second ACH deposit was received and credited after 10 hours. More faster than SGD deposit made to MooMoo Paynow. Lol

SGD to moomoo sg use FAST. My experience is its instant

I familiar with PayNow and it is not instantly. They claimed can't see my name and asked me to upload proof of receipt to show my name, bank account number etc. Then asked me to upload bank statement to prove such account number is under my name.

If I wanna convert USD into SGD, using FX order and currency conversion tool is the same?

Say you use Wise / Sunway Money or CIMB SG to deposit in, when you withdraw back to Wise should be no issue ?

syaaron if you deposited SGD, you cannot withdraw SGD back to Wise

u can try to withdraw USD back to wise (although, if you have CIMB sg already, why use a more expensive way to convert back to MYR?)

This post has been edited by Medufsaid: Nov 1 2024, 11:54 AM

I deposit using RM.
Been using IBKR for a year plus, prior CIMB SG i use alternatives, just wondering if i withdraw today will it have any holding