RHB Singapore Launches TravelFX Mobile App & Multi-Currency Visa Card

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The new RHB TravelFX Mobile App and Multi-Currency Visa Prepaid Card

The new RHB TravelFX Mobile App and Multi-Currency Visa Prepaid Card

RHB Singapore has launched Singapore’s first prepaid multi-currency Visa card issued by Wirecard together with the RHB TravelFX Mobile App. The two products provide an easy-to-use platform that offers competitive foreign exchange rates. The rates are better than those offered by credit cards, real-time currency exchange and the freedom to use local currency overseas.

11 currencies are offered in the RHB TravelFX app. They include SGD, AUD, CAD, CHF, EUR, GBP, HKD, JPY, NZD, THB, and USD. You no longer need to carry excessive cash and bring back unused currency notes home. It is a much safer and smarter way to carry travel money.

The RHB Multi-Currency Card is a Visa prepaid card issued by Wirecard. You don’t even need to open an account with RHB to use the card. As long as you are 18 years old and above, you qualify for this product. There is no annual fee and no minimum balance to maintain.

How to Use The New RHB TravelFX Mobile App

Download the RHB TravelFX App from Google Play Store or Apple App Store. Apply for the RHB Multi Currency-Card through the app. The application takes one to two working days to approve. Fund the TravelFX card wallet with Singapore Dollars from any bank account in Singapore. Then exchange any of the 11 currencies at transparent and competitive rates.

When you are overseas, you can also make purchases in local currency, withdraw local currency from any Visa/Plus ATM network, spend online in any currency of choice and perform foreign exchange within the card wallet. You can manage your card wallet and enjoy 24-hour access to competitive foreign exchange rates. Lock your card when it is not in use. RHB Singapore offers round-the-clock concierge service.

RHB TravelFX was launched on 18 September 2018 by (L to R) Ng Fook Sun, Executive Vice President, Financial Institutions, Wirecard, Clara Lee, Head, Technology & Operations, RHB Singapore, Chris Skok, Head of Product, Singapore and Brunei, VISA, Mike Chan, Country Head & CEO, RHB Singapore, and Wong Chung Yee, Head, Personal Financial Services & Wealth Management, RHB Singapore (RHB Singapore photo)

RHB TravelFX was launched on 18 September 2018 by (L to R) Ng Fook Sun, Executive Vice President, Financial Institutions, Wirecard, Clara Lee, Head, Technology & Operations, RHB Singapore, Chris Skok, Head of Product, Singapore and Brunei, VISA, Mike Chan, Country Head & CEO, RHB Singapore, and Wong Chung Yee, Head, Personal Financial Services & Wealth Management, RHB Singapore (RHB Singapore photo)

Ms Wong Chung Yee, Head of Personal Financial Services and Wealth Management, RHB Singapore said, “In our effort to move into the cashless and eWallet space, we are pleased to launch the RHB TravelFX, a multi-currency mobile wallet open to customers with bank accounts in Singapore. Customers will benefit from the convenience and competitive FX rates offered by this facility. The App gives customers total control over the FX rates that they want to buy at, by setting an alert on the App at their preferred rates, and exchange for foreign currencies anywhere, anytime – enhancing one’s travelling experience.”

RHB Banking Group’s regional presence spans ten countries. They include Malaysia, Singapore, Indonesia, Thailand, Brunei, Cambodia, Myanmar, Hong Kong, Vietnam and Lao PDR.

Grigoriy Kuznetsov, Executive Vice President, Global Financial Services at Wirecard, says: “Digitalisation has brought about huge changes in all areas and especially in financial services. This means that as a bank, it is crucial to offer your customers smart, digital products that provide real added value. We are very pleased that we are able to contribute our expertise as a global innovation leader in digital financial technology and to realise this great project together with RHB. This enables RHB Singapore to offer their customers a fully digital state-of-the-art solution that makes traveling much easier and more fun. This further reinforces our position as a leading global prepaid issuer and Bank Identification Number sponsor.”

2 Comments

  1. Thia Guek Hiang says:

    I am going to Thailand next week and wanted to use the RHB TravelFX card but I do not know how to top up the card. Can you please advise and hope to hear from you soon. Thank you

    Regards

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