DBS eMCA VS UOB mighty FX

[foozgarden]

anyone using both?
they both seem to be working on the same principle.
i am using DBS eMCS, and DBS FX rate is not bad.
anyone compare both their rates? which is better?

 

[foozgarden]

no one using UOB mighty FX?

 

[revhappy]

I am curious why do you need a multicurrency account? The rates are not better than money changer. Deposit cash and withdraw cash there is a high fee.

Unless you are a businessman with international business, please tell me why do you need a multicurrency account?

Sent from Xiaomi REDMI NOTE 4 using GAGT

 

[Trazora]

I am curious why do you need a multicurrency account? The rates are not better than money changer. Deposit cash and withdraw cash there is a high fee.

Unless you are a businessman with international business, please tell me why do you need a multicurrency account?

Sent from Xiaomi REDMI NOTE 4 using GAGT

The rates slightly better than money changer, no fees for using debit card overseas, you will not need to exchange foreign currency more than you use

 

[foozgarden]

I am curious why do you need a multicurrency account? The rates are not better than money changer. Deposit cash and withdraw cash there is a high fee.

Unless you are a businessman with international business, please tell me why do you need a multicurrency account?

Sent from Xiaomi REDMI NOTE 4 using GAGT

simple.
coz i have incoming FCY

 

[revhappy]

The rates slightly better than money changer, no fees for using debit card overseas, you will not need to exchange foreign currency more than you use

But dont you need to convert the currency and have it in your FCY pocket, or is the conversion amount on demand at the time of transaction? If it is the later than why call it multicurrency account? It is like a normal debit card using visa/MasterCard.

Sent from Xiaomi REDMI NOTE 4 using GAGT