From today, Bank of Asia Online supports 10 global currencies — USD, AUD, EUR, GBP, JPY, SGD, HKD, CAD, CHF, and NZD — with real-time conversion and no hidden margins.
Bank of Asia Online has expanded its multi-currency support to 10 global currencies, effective today. Customers can now hold, send, receive, and convert between USD, AUD, EUR, GBP, JPY, SGD, HKD, CAD, CHF, and NZD — all from a single account dashboard, with no additional account required for each currency.
Each currency wallet operates independently. You can hold balances in multiple currencies simultaneously, convert between them at our published mid-market rates (plus our flat $8.00 + 0.5% fee), and send international transfers directly from the relevant wallet without manual conversion steps.
Our currency infrastructure is built on ISO 20022 messaging standards and connects directly to the SWIFT network, ensuring that transfers settle reliably and that your beneficiary receives the correct amount in the correct currency — with full traceability at every step.
The 10-currency expansion is the culmination of 18 months of engineering work and regulatory approvals across the jurisdictions where our currencies operate. It required building native ledger support for each currency, integrating with local clearing networks where applicable, and extending our compliance framework to cover the specific AML and sanctions requirements of each currency zone.
For existing customers: your new currency wallets are already visible in your dashboard. No action is required to activate them. For customers considering switching to Bank of Asia, this expansion means you no longer need separate accounts with multiple banks to manage a multi-currency financial life.
The next phase of our currency roadmap, planned for Q3 2026, will include CNY for qualified business customers and expanded support for cross-currency standing orders. We will publish detailed timelines as approvals are confirmed.