, Singapore
211 views
Photo by Jason Leung from Unsplash

Moomoo Singapore and Wise collaborate for easy trade deposit system

The app will allow Singaporeans to change the local currency to Singapore dollars based on real-time exchange rates.

Moomoo Singapore and global technology firm Wise have launched a service offering cheaper means to deposit currency into a user’s trading account.

Through the moomoo app, users can enjoy bigger savings on transfer fees when making deposits. 

ALSO READ: WhatsApp launches payment feature in SG

Singaporeans can now opt to deposit via Wise, which allows them to change the current to Singapore dollars at the real mid-market exchange rate.

In addition, clients would be able to view the real-time mid-market exchange rate, which is based on the Bloomberg Index, Google, and Yahoo Finance websites.

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

SMBC, Fujitsu Limited to create data analytics business
Japanese companies reportedly want data-driven operations to improve efficiency.
Retail Banking
India’s credit card spend slumps 9% MoM to 7-month low
Whilst spending grew 12% YoY, the pace of growth has slowed compared to previous months.
CommBank establishes tech hub in Seattle
The first cohort focuses on learning to fast track adoption of agentic AI and gen AI solutions.

Exclusives

Philippine central bank eyes AI rules for banks
Artificial intelligence should not diminish banks’ responsibility to uphold data privacy.
RCBC boosts rural presence with ATM Go
The service, which allows cardless transfers, is now available in all Philippine cities.
BCA superapp drives digital transaction growth
Inter-account transfers were the most widely used service, followed by virtual payments.