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Is there any USD $ debit card in Singapore

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rocknrio
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Is there any USD $ debit card in Singapore

Postby rocknrio » Tue, 05 Sep 2017 5:02 am

Hello,

I have a HK corp with a bank account with OCBC in Singapore.
My business is global but generates revenue in USD and I want to make around $20-30k of payments per month in USD.

I have a USD account with OCBC BUT the problem is that they wont issue a credit nor a debit card for my USD account.
They will only issue a SGD debit account.
I will have to pay a minimum of 2.5% commission on every transaction, which adds up over time.

So what I need is a USD $ denominated card in Singapore.

I was thinking of a third party link PayPal, they might have a way to link their debit card to my bank account in SG.

Any options or ideas?

Thanks

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ecureilx
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Re: Is there any USD $ debit card in Singapore

Postby ecureilx » Tue, 05 Sep 2017 7:36 am

rocknrio wrote:Hello,

I have a HK corp with a bank account with OCBC in Singapore.
My business is global but generates revenue in USD and I want to make around $20-30k of payments per month in USD.

I have a USD account with OCBC BUT the problem is that they wont issue a credit nor a debit card for my USD account.
They will only issue a SGD debit account.
I will have to pay a minimum of 2.5% commission on every transaction, which adds up over time.

So what I need is a USD $ denominated card in Singapore.

I was thinking of a third party link PayPal, they might have a way to link their debit card to my bank account in SG.

Any options or ideas?

Thanks
You wanna pay using a USD card?

CC and banks make money in conversion and transaction fees from cards as you are aware.

No, don't know of USD debit card issued by a Singapore bank

taxico
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Re: Is there any USD $ debit card in Singapore

Postby taxico » Tue, 05 Sep 2017 6:33 pm

amex virtual pay. seen one in action a few years ago. never had one personally.
Aut viam ad caelum inveniam aut faciam

Sgbitcoin
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Re: Is there any USD $ debit card in Singapore

Postby Sgbitcoin » Mon, 18 Sep 2017 3:43 pm

I use btc for usd collection
becos here in singapore , you can do withdrawal in sg dollar using btc card
btc machine can be found in a few area in chinatown or we have coinhakio or xfers
who can exchange for you at min % fee


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