USD Deposit

[Toni90]

May I know if there are any banks in Singapore allow depositing/withdrawing USD cash without a big service charge?

 

[BBCWatcher]

May I know if there are any banks in Singapore allow depositing/withdrawing USD cash without a big service charge?

There are at least a few preexisting threads discussing cash deposits that you should review. The short answer is "not really, no." Banks and governments alike are ratcheting up their dislike of cash, in large part because it's the stuff money launderers, tax evaders, and terrorist financiers like to use. It's also expensive to handle.

 

[sg_investor]

Any banks suoport online transfer of usd?

 

[cscs3]

Any banks suoport online transfer of usd?

If you have a HSBC multi currency account.

 

[BBCWatcher]

Any banks suoport online transfer of usd?

Many. All the banks that offer U.S. dollar accounts should.

 

[chopra]

phillip securities
0.4% spread
0.5% mmf

 

[sgdividends]

May I know if there are any banks in Singapore allow depositing/withdrawing USD cash without a big service charge?

Most banks over the counter deposit is free.

The problem is the withdrawal , whether in cash OR electronic (TT) or just funds transfer from USD to USD to another bank will incur a fat fat service charge... Life sucks