, Hong Kong
397 view s

Hong Kong’s Mox Bank offers digital money transfer services in 10 currencies

Exchange fee is as low as 0.35%.

Mox Bank has launched Express Remit, a global transfer service that allows its app users to transfer money in 10 foreign currencies.

Powered by Wise, Express Remit offers mid-market exchange rates quickly and promises transparent fees. Currencies offered include AUD, CNY, EUR, GBP, IDR, INR, JPY, PHP, SGD, and USD.

Mox charges a foreign exchange fee of as low as 0.35%.

ALSO READ: Mox Bank launches 24/7 equities and fund trading services

Until 31 March, all customers who use Express Remit will enjoy zero remittance and foreign exchange fees for every global transfer.

The bank said that it will add more currencies soon.

To use Express Remit and initiate a transfer, customers simply select ‘Actions’ from the menu bar in their Mox app, tap ‘Express Remit’, and follow the on-screen instructions to get started.

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Australian banks' credit risk rises amidst high debt, economic uncertainty
National Australia Bank reported an 8.1% decline in cash earnings.Australian banks face heightened risk of rising credit losses as high household debt levels, elevated interest rates, and global economic uncertainties continue, according to S&P Global Ratings.
Retail Banking
Visa launches new products to boost flexibility, security in APAC
It also partnered with QR payment providers across the region for cross-border payments.Visa has introduced several new products and services aimed at enhancing payment flexibility and security in Asia Pacific.
Cards & Payments