Malaysia-based Wirecard and RHB Singapore recently released Singapore's first digital multi-currency card, known simply as RHB TravelFX. Launched alongside a mobile app, RHB TravelFX utilizes RHB Group's regional presences to offer customers competitive foreign exchange rates, real-time currency exchange, and the freedom to use local currency overseas. The new service will be open to RHB customers with bank accounts in Singapore and will help further RHB Singapore's initiatives to move into the cashless and eWallet space.
RHB TraveFX currently stores 11 currencies securely, including Singapore Dollar, US Dollar, British Pound, Canadian Dollar, Swiss Franc, Japanese Yen, Euro, and much more. In addition to giving customers access to all these currencies, the app and card also supports purchases in national currencies when overseas. All of these capabilities also come bundled with travel accident policies and an on-demand concierge service.