Mighty FX

Exchange rates you have to get your hands on

Mighty FX
Your multi-currency companion for all your online shopping and travel spend.

What can you do with Mighty FX?

Get attractive exchange rates
Get attractive
exchange rates
Pay no admin fees
Pay no admin fees
Withdraw cash overseas anytime you need it
Withdraw cash overseas
anytime you need it
Skip the queue and convert across 11 currencies anytime on the UOB Mighty app.

Here's an indication of what you will receive when you convert S$100 into:
Currency From a Money Changer From UOB Mighty FX
AUD AUD 106.15 106.15
AUD CAD 95.23 95.63
AUD CHF 70.22 70.16
AUD CNH* N.A. 509.07
EUR EUR 64.30 64.18
GBP GBP 59.15 59.21
HKD HKD 565 564.52
JPY JPY 7662 7637
JPY NZD 109.64 111.41
USD USD 72.15 72.01
Based on rates obtained from Mighty FX and independent money changers as of 8 August 2019 for illustration purposes only.
*Chinese Renminbi Offshore (CNH) is unavailable for point-of-sale transactions, online transactions and/or overseas ATM cash withdrawals.
Save on admin fees for all your travel or online shopping foreign currency spend. Convert the amount you need and shop on international websites or overseas with your Mighty FX Debit Card.
Travel light and carry less cash. Withdraw foreign currency with your Mighty FX Debit Card at any overseas Mastercard-enabled ATMs1. Each overseas ATM withdrawal incurs a flat fee of S$5 or its foreign currency equivalent2.
1Supported currencies include SGD, USD, JPY, GBP, HKD, EUR, CAD, AUD, CHF, NZD
(CNH unavailable for POS/online transactions and overseas ATM cash withdrawals).

2 The overseas ATM bank may also charge withdrawal fees or Dynamic Currency Conversion (DCC) fees at their sole discretion.

It's so simple to use Mighty FX

Step 1
Step 1
Select the currency and amount you wish to exchange to.
Step 2
Step 2
Confirm your request, and the amount is immediately debited from your selected currency account and credited into the receiving currency account.

(Example: In the case of a conversion from SGD to AUD, the amount will be debited from your UOB SGD account and credited into your Mighty FX AUD account).
Step 3
Step 3
Pay for your foreign currency spend with your Mighty FX Debit Card and the exact amount will automatically be debited from the local currency account with no additional admin fees.

You'll love Mighty FX if you are:

A Fuss-Free Explorer
A Fuss-Free Explorer
You enjoy travelling and seeing what the world has to offer. With Mighty FX, there's no more queueing for the money changer. Perform an exchange anytime, wherever you are.
A Savvy Shopper
A Savvy Shopper
You love online shopping and the best deals. Sweeten your checkouts and save on admin fees for all your purchases. Just convert the amount you need and pay with your Mighty FX Debit Card.
A Smart Student
A Smart Student
You're studying abroad and looking for ways to save on overseas expenses. With Mighty FX, your parents can transfer funds into your SGD account, for you to convert to the currency you need, with no additional fees or charges.
A Global Investor
A Global Investor
You hold investments in multiple currencies, own property overseas and have the need for foreign currencies. With Mighty FX, get attractive exchange rates for your overseas payment needs.

Sign up for Mighty FX and start converting today!

For Singaporeans and PRs:
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:
For Foreigners and U.S. Persons:
Please proceed to any UOB branch to apply.
Important Notes and Disclaimers:
UOB Debit Cardmember Agreement
UOB Terms and Conditions Governing Accounts and Services
UOB Debit Card Fees and Charges
NETS Terms and Conditions

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.

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$75,000 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$75,000 for each depositor per Scheme member. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured.

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
*Chinese Renminbi Offshore (CNH) is unavailable for point-of-sale transactions, online transactions and/or overseas ATM cash withdrawals.
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.

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
*Chinese Renminbi Offshore (CNH) is unavailable for point-of-sale transactions, online transactions and/or overseas ATM cash withdrawals.

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 choose to convert currency instantly (Convert Currency Order), or set your preferred exchange rate and be notified or automatically converted when preferred rate is met (Alert Me 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 Currency 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.

An Alert Me 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 Alert Me Order has been automatically converted for you.

You have the option to submit an Alert Me Order for up to 60 calendar days. An Alert Me Order expires at 2359 hrs on the expiry day.

You can have up to 10 pending Alert Me Orders at any time.

Functionalities in the Mighty FX app
  1. Login into UOB Mighty app using your Personal Internet Banking username and password.
  2. Tap on Mighty FX.
  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 to proceed.
  1. Swipe right on Confirm and proceed with 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 Alert Me.
  1. Scroll the currency drum to select your preferred currency pair.
  2. Input the preferred exchange rate you would like to watch.
  3. Tap on to determine the watch period.
  4. Choose Alert to receive an in-app notification when the rate is met. Or, select Convert and Alert to auto-convert when the rate is met.
  5. Tap Next to continue with the order.
  1. Swipe right on Confirm to proceed with the order.
  1. Receive acknowledgement when your order is successfully submitted.
  1. Tap Manage Alerts at Mighty FX landing page to view all Pending Orders.
  2. To delete a Pending Order, swipe right on the order and tap Delete.
  3. Tap on Show Alerts History to view all completed and expired orders.
  1. View all alerts that were fulfilled in the last 30 days.
  1. View all alerts that were not fulfilled in the last 30 days.
  1. Tap View Rates on Mighty FX landing page.
  2. Select a base currency to view the exchange rate against the other Mighty FX currencies.
  3. Pull down the screen to get refreshed rates.
  4. Tap on the relevant currency tab to view its historical rate chart.
  1. 30 Days, 90 Days, and 6 Months tabs show historical end-of-day exchange rates populated into charts. The historical end-of-day exchange rates shown are the interbank exchange rates without the Mighty FX spread.
  2. On the chart, scroll the gray flag to view a specific day's end-of-day exchange rate.
  3. Tap on Convert Currency to begin a conversion.
  1. Tap View Accounts on the Mighty FX landing page.
  2. You will see your UOB SGD base account and the set of Mighty FX foreign currency accounts.
  3. Tap on Show All Currencies to see all Mighty FX foreign currency accounts (funded and unfundedaccounts).
  4. Tap on an account to view the account details and transactions.
  1. Tap Accounts on the UOB Mighty dashboard.
  2. Tap on the Mighty FX Debit Card or KrisFlyer UOB Debit Card.
  1. Tap on Transactions to view all pending and posted debit card transactions made in the past 3 months.
  1. Tap on Settings and select Enable FX Debit.
  1. By default, the FX Debit feature is turned on. Your foreign currency spend and overseas ATM withdrawals will be debited from the relevant Mighty FX foreign currency account, except for 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 UOB SGD base account linked to your debit card. FX conversion fees and Mastercard charges will apply.
  1. Tap on Settings and select Set Debit Card Limits.
  1. Manage your Mastercard transactions limit via Daily Limit or 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. Tap on Save 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.