DBS launches 24/7 foreign currency exchange capabilities; first in Southeast Asia

SINGAPORE (April 18): DBS Bank is introducing round the clock currency exchange in 12 major currencies from 3Q this year.

This means customers can now exchange in 12 key currencies anytime and anywhere without needing to visit money changers, and pay in foreign currency without additional charges.

“No more scrambling to locate a money changer while overseas or being forced to accept an unfavourable rate. We believe this will further incentivise Singaporeans to move towards the security and convenience of cashless payments,” says Jeremy Soo, Head of Consumer Banking Group (Singapore) at DBS.

---

Related Stories

• DBS holds $100 bil market cap for second day; analysts mixed on 1QFY2024 results
• All of DBS's manned branches to be certified Green Mark Platinum by end-2024
• Keppel launches Sustainability-Linked Financing Framework; secures credit facilities with DBS and UOB of $500 mil each

---