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No FX fees on all your online shopping and travel spend. Get the best exchange rates in town* with Mighty FX. Just convert and pay with your Mighty FX Debit Card.

Receive US$20^ when you apply for Mighty FX and make your first conversion.

Apply Now

FX Myths Debunked


Bank exchange rates are high



Bank exchange rates are high

Get the best exchange rates in town* with Mighty FX. Competitive rates that are even better than many money changers are right at your fingertips.


The only way to avoid FX fees on overseas spend is to use cash



The only way to avoid FX fees on overseas spend is to use cash

Pay no FX fees when you use your Mighty FX Debit Card for your overseas spend. Transact and have the exact amount of local currency debited directly from your Mighty FX foreign currency account. Know exactly how much you are paying.


It takes an expert to convert FX online



It takes an expert to convert FX online

With Mighty FX, it’s as simple
as + .
 
Log in to Mighty FX via the UOB Mighty app to select the currency and amount you wish to convert.
Confirm your conversion and the amount will instantly be credited into your Mighty FX foreign currency account for your online shopping or travel needs.

 

Convert and with Mighty FX

Experience Mighty FX

Get the best exchange rates in town*, all on your UOB Mighty app
Find out more

No FX fees on your
online shopping
Find out more

No FX fees on your
travel spend
Find out more

Experience Mighty FX

*“Lowest exchange rates in town” is based on Mighty FX exchange rates in comparison to other banks’ Telegraphic Transfer (TT) and/or On Demand (OD) exchange rates offered in Singapore as of 13 September 2018.
^UOB Mighty FX US$20 Cash Credit Promotion Terms and Conditions apply. US$20 Cash Credit applies to customers who successfully apply for Mighty FX and perform a minimum of one conversion from SGD to any of the available foreign currencies. Promotion period from 23 July 2018 to 30 September 2018, both dates inclusive.

The information stated above serves as a consumer guide only. Please refer to uob.com.sg for UOB Debit Cardmember Agreement and Account Fees and Charges. Terms and Conditions Governing Accounts and Services apply. Any customers using Mighty FX acknowledge and accept that all transactions they make are made solely upon their judgment and at their discretion and own risk. Nothing in UOB’s brochures, investment reports and/or any of UOB’s material supplied to the customer, nor any customer investment profiling conducted for the customer, shall be construed as UOB’s investment advice as regards to the relative attractiveness of one investment option over another. Investors investing in investment and/or treasury products denominated in non-local currency should be aware of the risks of exchange rate fluctuations that may cause a loss of principal when foreign currency is converted back to the investors' home currency. Foreign currency trading is subject to rate fluctuations, which may provide both opportunities and risks. Customers who have any questions about their legal or tax positions as a result of opening an account with UOB or effecting any transaction on an account with UOB should engage an independent legal or tax adviser as they consider appropriate.

Apply for Mighty FX and receive US$20^ when
you make your first conversion.

Promotion till 30 September 2018
Choose to link Mighty FX to a UOB One Account# to start earning a higher interest of up to 3.88%p.a> on your savings when you spend on the Mighty FX Debit Card.
For a limited period only, get up to S$50+ when you apply for a UOB One Account online today.
For Singaporeans and PRs:
Apply for a new UOB account 24/7 by retrieving your personal information via Myinfo with no submission of documents required. Applications submitted between 8:30am to 9pm (for new UOB customers) will be opened instantly. Applications received outside these times will be processed the next working day.
For Foreigners and U.S. Persons:
Please proceed to any UOB branch to apply
Disclaimers:
^UOB Mighty FX US$20 Cash Credit Promotion Terms and Conditions apply. US$20 Cash Credit applies to customers who successfully apply for Mighty FX and perform a minimum of one conversion from SGD to any of the available foreign currencies. Promotion period from 23 July 2018 to 30 September 2018, both dates inclusive.
#Other qualifying accounts include UOB i-Account, Wealth Premium Account, Privilege Account and KrisFlyer UOB Account. Minimum deposit balance requirement for the relevant SGD base account applies to the UOB One Account, i-Account, Wealth Premium Account, Privilege Account or KrisFlyer UOB Account.
>Maximum effective interest rate (EIR) on the One Account is 1.50% p.a. for deposits of S$75,000, provided customers meet the criterion of S$500 Card Spend in each calendar month. Maximum effective interest rate (EIR) on the One Account is 2.44% p.a. for deposits of S$75,000, provided customers meet both criteria of S$500 Card Spend AND (a) a min. S$2,000 salary credit via GIRO OR (b) 3 GIRO debit transactions in each calendar month.
+S$50 Cash Credit for UOB One Account: Limited to new to UOB Deposits customers only. Terms and conditions of the UOB Savers Promotion (1 Sep – 31 Oct 2018) ("Promotion") apply.
UOB Debit Cardmember Agreement
UOB Terms and Conditions Governing Accounts and Services
UOB Debit Card Fees and Charges
NETS Terms and Conditions
Deposit Insurance Scheme:
Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$50,000 in aggregate per depositor per Scheme member by law. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement Sum Scheme are aggregated and separately insured up to S$50,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

ACTIVATE YOUR CARD

As a security measure, the
new card mailed to you has not been activated

TRAVELLING WITH YOUR CARD

Choose to enable/disable overseas usage

REPORT LOST OR STOLEN CARD

Call 1-800-222-2121

ACTIVATE YOUR CARD

As a security measure, the new card mailed to you has not been activated

TRAVELLING WITH YOUR CARD

Choose to enable/disable overseas usage

REPORT LOST OR STOLEN CARD

Call 1-800-222-2121

Mighty FX - Frequently Asked Questions

Mighty FX Application

You will need to open a set of 10 Mighty FX foreign currency accounts, which will be linked to a new or existing UOB SGD base account. Mighty FX has to be linked to any one of the UOB SGD base accounts – One Account, iAccount, Wealth Premium Account, Privilege Account or KrisFlyer UOB Account. The eligibility to open Mighty FX depends on the UOB SGD base account selected. Select an account below to find out more about UOB SGD base account eligibility and features.

One Account, iAccount, Wealth Premium Account, Privilege Account, KrisFlyer UOB Account

If you already have any one of the UOB SGD base accounts mentioned above, you can apply for Mighty FX to be linked to your existing UOB SGD base account.

A Mighty FX Debit Card or KrisFlyer UOB Debit Card will be issued to you, depending on the UOB SGD base account chosen by you. Where the UOB SGD base account is a UOB KrisFlyer Account, Mighty FX will be linked to a KrisFlyer UOB Debit Card. For all other UOB SGD base accounts, a Mighty FX Debit Card will be issued.

Foreign Currencies Offered
1 AUD Australian Dollar
2 CAD Canadian Dollar
3 CHF Swiss Franc
4 CNH Chinese Renminbi Offshore
5 EUR Euro
6 GBP Great Britain Pound
7 HKD Hong Kong Dollar
8 JPY Japanese Yen
9 NZD New Zealand Dollar
10 USD United States Dollar
Mighty FX exists as a set of 10 foreign currency accounts. Upon successful application, a set of 10 foreign currency accounts will be opened for you.
There is no minimum deposit required to open Mighty FX. Mighty FX also does not require a minimum balance to maintain. However, the minimum balance requirements and fees on your UOB SGD base account, if any, will apply separately.

Interest is payable on the credit balances in the respective Mighty FX foreign currencies. Refer here.

Annual card membership fee
  • S$18 (inclusive of GST)
  • Free for the first 3 years
  • Subsequently waived when a minimum of 12 Mastercard transactions are performed in a year
Card replacement fee
  • S$20
Overseas ATM cash withdrawal fee for non-UOB ATMs
  • S$5 or foreign currency equivalent per withdrawal. The overseas ATM bank may also charge administrative fees at their sole discretion.

Your Mighty FX Debit Card and KrisFlyer UOB Debit Card allows for supported foreign currency spend and overseas ATM cash withdrawals (except for Chinese Renminbi Offshore) to be directly deducted from the relevant Mighty FX foreign currency account.

This is provided that there are sufficient funds in the relevant Mighty FX account(s). The transaction will be declined if there are insufficient funds.

Pay for your online shopping or overseas travel purchases without FX conversion fees!

Yes. Once your debit card is issued, the card’s FX direct debit feature (“FX Debit”) will be turned on by default. Keep this feature on to debit directly from the relevant Mighty FX foreign currency accounts (except Chinese Renminbi Offshore) for point-of-sale transactions, online transactions and/or overseas ATM cash withdrawals.

When FX Debit is turned on:

  • Your Mighty FX foreign currency account will be debited if transactions are in the supported foreign currency.
  • If your transactions are in non-supported foreign currency, your UOB SGD base account will be debited.

When FX Debit is turned off:

  • All your debit card transactions will be debited from your UOB SGD base account.

Please refer here for where and how to manage your FX Debit settings.

You can apply via one of the following methods:

Public Website:

For New to Bank customers, you can apply for Mighty FX via MyInfo. You would need to be either a

  • Singaporean,
  • Singapore PR

Personal Internet Banking:

For existing UOB customers, you can apply for Mighty FX via your Personal Internet Banking. You will need to be an existing current account or savings account customer to open the account via Personal Internet Banking.

UOB Branches:

You may also visit any UOB Branch to open Mighty FX.

Download UOB Mighty App from App Store or Google Play. Login and proceed to Mighty FX to trade, transact, and travel at your preferred FX rate.


Mighty FX exists as a set of 10 foreign currency accounts. Upon account closure request, the set of 10 foreign currency accounts will be closed. You have the option to maintain the UOB SGD base account or have it closed altogether.

Mighty FX Conversions
Currencies Offered
1 AUD Australian Dollar
2 CAD Canadian Dollar
3 CHF Swiss Franc
4 CNH Chinese Renminbi Offshore
5 EUR Euro
6 GBP Great Britain Pound
7 HKD Hong Kong Dollar
8 JPY Japanese Yen
9 NZD New Zealand Dollar
10 SGD Singapore Dollar
11 USD United States Dollar

Mighty FX is available 24 hours, 7 days a week.

Mighty FX Rate is a preferential exchange rate based on the prevailing interbank market rate and the Bank’s spread, as determined by the Bank in its sole discretion. The Mighty FX Rate is only applicable to the conversion of currency via Mighty FX in the UOB Mighty app. The Mighty FX Rate is not available if you convert, pay, or transfer funds outside of Mighty FX.

All Mighty FX Rates show you directly how much one unit of a currency can be exchanged for in another currency.

For example:

To convert SGD to USD, Mighty FX Rate quotes as 0.7344. For every 1 SGD converted, you receive 0.7344 USD.

To convert USD to SGD, Mighty FX Rate quotes as 1.3616. For every 1 USD converted, you receive 1.3616 SGD.

You may convert currency instantly (Convert Now Order), or select an exchange rate at which to convert currency in the future (Set Rate Order).

The minimum and maximum conversion amounts are applied on the currencies you are converting from.

Converted From Minimum Conversion Amount Maximum Conversion Amount
SGD 1 50,000
AUD 1 50,000
USD 1 50,000
EUR 1 50,000
GBP 1 50,000
HKD 1 500,000
JPY 100 5,000,000
CAD 1 50,000
NZD 1 50,000
CHF 1 50,000
CNH 1 500,000

A Convert Now Order allows you to buy or sell your currency at the prevailing Mighty FX Rate. Confirm your order within 30 seconds, or refresh for an updated Mighty FX Rate. Upon successful conversion, your Mighty FX settlement account will be credited with the converted currency.

A Set Rate Order allows you to instruct the Bank to buy or sell a selected currency, within a specified date range, at a specific exchange rate you set. The order will only be executed when the Mighty FX Rate meets the specific exchange rate.

You can choose to be notified via in-app notifications when the specific exchange rate is met. You will also be notified via in-app notifications when your Set Rate Order has been automatically converted for you.

You have the option to submit a Set Rate Order for up to 60 calendar days. A Set Rate Order expires at 2359 hrs on the expiry day.

You can have up to 10 pending Set Rate Orders at any time.

Functionalities in the Mighty FX app
  1. Tap on Mighty FX in the UOB Mighty app.
  2. Sign in using your Personal Internet Banking username and password.
  3. Enter the One-Time PIN (OTP) displayed on your Online Security Device or request for an OTP via SMS. If you have registered for Mighty Secure, all you need is your Mighty Secure PIN.
  1. You will now be on the Mighty FX landing page.
  1. On the Mighty FX landing page, tap on Convert Currency.
  1. Scroll the currency drum to select your preferred currency pair.
  2. Input the amount to Convert or to Receive.
  3. Tap on refresh button to get the latest Mighty FX Rate.
  4. Tap Convert Now to proceed.
  1. Confirm the order within 30 seconds.
  1. After submitting your order, you will receive an in-app notification on the successful conversion.
  1. On the Mighty FX landing page, tap on Convert Currency.
  1. Scroll the currency drum to select your preferred currency pair.
  2. Input the amount to Convert or Receive.
  3. Tap on refresh button to get the latest Mighty FX Rate.
  4. Tap Set Rate to proceed.
  1. Specify the preferred exchange rate you would like to watch.
  2. Tap on to determine the watch period.
  3. Choose Notify Me to receive an in-app notification when the rate is met. Or, select Convert for Me to auto-convert when the rate is met.
  4. Tap Next to continue with the order.
  1. Tap Confirm to proceed with the order.
  1. Receive acknowledgement when your order is successfully submitted.
  1. Tap Manage FX Orders on the Mighty FX landing page to view your Set Rate Orders.
  1. You will see three tabs: Pending, Completed, and Expired.
  2. View your active Set Rate Orders in the Pending tab.
    View all fulfilled Set Rate Orders (Notify Me or Convert for Me) over the past three months in the Completed tab.
    View all unfulfilled Set Rate Orders over the past three months in the Expired tab.
  1. You are able to delete orders under Pending or Completed. To delete, swipe left on the order, tap Delete and proceed with Yes.
  1. Tap View Rates on the Mighty FX landing page.
  1. Select a currency to view Mighty FX Rates.
  2. Tap on the alternate currency tab to view FX charts.
  1. 5D, 30D, and 90D tabs show historical end-of-day exchange rates populated into charts. The historical end-of-day exchange rates shown are the Bank’s rates without the Mighty FX spread.
  2. On the chart, scroll the flag to view a specific day’s end-of-day exchange rate.
  3. Tap on Convert Currency to begin an FX conversion.
  1. Tap View Account on the Mighty FX landing page.
  1. You will see your UOB SGD base account and the set of Mighty FX foreign currency accounts.
  2. Tap Sort to arrange the accounts according to your preference.
  1. Tap on an account to view the account and its transaction details.
  1. Tap Read Insights on the Mighty FX landing page.
  1. Tap on a report to reveal the full content.
  1. Filters allow you to view only reports related to the currencies you are interested in.
  1. Tap Manage Cards Settings on the Mighty FX landing page. You will be directed to Debit Card Limit screen.
  1. Tap Manage to expand the debit card settings.
  1. By default, the “FX Debit” feature is turned on. Turning on this feature enables debiting of the relevant Mighty FX foreign currency account for supported foreign currency spend and overseas ATM withdrawals for currency other than Chinese Renminbi Offshore (CNH).
  1. If you choose to turn off “FX Debit”, all foreign currency spend and overseas ATM withdrawals will be debited from your default UOB SGD base account linked to your debit card. FX conversion fees and Mastercard charges will apply.
  1. Additionally, you can manage your Mastercard transactions limit via Set Daily Limit or Set Monthly Limit. You can set up to a maximum daily or monthly limit of S$50,000. Default daily Mastercard transactions limit is S$2,000.

  2. Click Submit to effect any changes immediately.
Mighty FX Transactions

Select "Checking/Current Account" to withdraw foreign currency cash from your Mighty FX foreign currency account.

Certain overseas banks may give you the option to select debiting the foreign currency cash withdrawal in your home currency (i.e. SGD) or in the local currency. Select the local currency to ensure your withdrawal is debited from the relevant Mighty FX foreign currency account.

If home currency is selected, you will incur a Dynamic Currency Conversion (DCC) fee charged by the overseas bank with the foreign currency cash withdrawal debited from your Mighty FX SGD base account.

Note that your Mighty FX foreign currency account has to be sufficiently funded for successful overseas foreign currency cash withdrawal.

Insufficient funds in your foreign currency account will result in a withdrawal decline.

Mighty FX foreign currency accounts and debit card statements are consolidated together with your UOB SGD base account. Statement mode will follow that of your UOB SGD base account.

Mighty FX conversions are displayed as “Currency Conversion”. The conversion exchange rate will also be reflected in the transaction detail.


In the statement, the foreign currency transaction will be reflected under the relevant Mighty FX foreign currency account. The transaction’s SGD equivalent will also be reflected for your reference and to assist calculation of bonus interest or bonus miles (if your UOB SGD base account is One Account or KrisFlyer UOB Account). The SGD equivalent is computed using an exchange rate determined by Mastercard.

You can also view your Mighty FX transaction details via the UOB Mighty app or through your Personal Internet Banking.

In some cases, your transaction may be settled in another foreign currency other than the local currency. Kindly verify the settlement currency with the merchant.