Foreign currency deposit (FCD) accounts have grown rapidly, driven primarily by individuals, especially younger depositors seeking higher returns.As of April 2025, the total number of FCD accounts in ...

As the US dollar continues to lose steam against major currencies, investors and policymakers around the globe are closely ...

Ah, the air miles credit card. Clearly the most glamorous of all credit cards. Every time you use one, you're reinforcing ...

Euro (EUR) extended its move above 1.15-handle on broad US Dollar (USD) softness overnight (post-CPI) and ECB comments. EUR ...

The growth in foreign currency bank accounts was led by a spike in travel money cards, through which overseas travelers can withdraw foreign currencies. The data showed the outstanding amount of ...

With a straightforward onboarding process to become a Corpay customer and set up a Multi-Currency Account, business owners can effortlessly receive and pay out various foreign currencies through ...

THE Supreme Court (SC) has ruled that foreign currency deposit accounts are exempt from estate tax under Republic Act 6426, also known as the Foreign Currency Deposit Act of the Philippines. The ...

Foreign currency deposit accounts are not subject to estate tax, the Supreme Court (SC) has ruled. In a decision, the SC First Division upheld the claim for an estate tax refund filed by the estate of ...

MANILA, Philippines — The Supreme Court (SC) has ruled that foreign currency deposit accounts are exempt from estate tax under Republic Act 6426, also known as the Foreign Currency Deposit Act of the ...

By utilizing the global multi-currency account provided by OCBC Hong Kong, buyers can easily make payments ... XTransfer is a firm provides SMEs with foreign trade payment and fund collection ...

The collaboration focuses on payment processing, foreign exchange ... A key feature of the partnership is OCBC Hong Kong’s “Global Multi-Currency Account,” which enables businesses to manage ...