Easy Currency Conversion

FSM Real-Time Foreign Exchange Rates (FSM FX) allows you to convert your cash account balances seamlessly from one currency into another. You have the flexibility of choosing different ways of receiving your monies back via recurring cash withdrawal to iFAST Global Bank or other bank accounts.
Upon successful conversion, the exchange amount will be reflected in their respective currency’s cash account and can be utilized immediately for investments. However, for cash withdrawal, the FX settlement needs to be settled before withdrawal is allowed. The settlement cycle for FX usually completes by T+1, but is subjected to currency holidays and cut-off timing (SGT 10am for FX pairs involving NZD, AUD, JPY, and SGT 5pm for FX pairs involving rest of the currencies).