Forex and CFD friendly hybrid bank accounts

Multi-currency bank accounts based in Singapore with fast opening times. Accounts are hybrid with top banks like Standard chartered and HSBC.

All major licenses accepted

An ideal account for Forex and CFD companies from:
United Kingdom
Saint Vincent and Grendine
and many other

Named Sub Accounts

These are hybrid accounts. The Beneficiary or account name is in the name of the your Forex/CFD. The account number belongs to the payment processor.

SWIFT Multi-Currency Wires

Receive payments in up to 20 different currencies via SWIFT wire transfers. Use our currency conversion tool to convert and pay out. 

Fast Onboarding in 48-72 hours

Forget about the UK and Eropean Forex trading apps.  These accounts are located in Singapore and don’t have the same onboarding delays experienced while onboarding for accounts in Europe. 

170+ Countries Supported

Receive and send payments to and from 170+ countries 

Types of Payments We Support 

Pay-ins (C2B)

Receive SWIFT wire transfers directly from your traders and end customers. Our accounts are perfect for C2B collections.


Use hybrid accounts with payment processors and gateways from all over the world and for paying salaries, affiliates, partners.

Pay-outs (B2C)

Use hybrid accounts to also pay out winnings or returns to investors in 20+ currencies globally.

What are Named Sub Accounts? 

The accounts are provided by a Singapore based money remittance provider. They operate with high risk merchants on an exclusive basis with Note we have created this landing page to protect the reputation of the Payment Service Provider. This is not their main website. 

The accounts are what we call 'Name Sub-accounts' or 'Hybrid Accounts'. It means that even though the account numbers are shared, the Account Name or Beneficiary name for the inbound payment includes your company name. For example if your company name is XE Forex limited, the account name will be PSP Pte. ltd.-XE forex Limited. This means that when payments arrive the account they are instantly identified just like if you had your own bank account. 

This hybrid method allows for collecting payments from customers under your own name in different currencies from accounts issued by top banks like Standard Chartered and CIMB but without the compliance nightmare of opening up a full bank account.

Example of Bank Details for XE Forex Limited

Account Name: Ewallet Pte. Ltd.-XE Forex Limited
Account Number: 01030531227
Account Currency: USD
Bank Name: Standard Chartered Bank (Singapore) Limited (Code: 7144)
Bank Address: 6 Battery Road Singapore 049909 Branch Code: 001

You will find a detailed explanation of these accounts here: What are Hybrid Bank Accounts?


Our Banking rails are built on top of the very best banks




Monthly fee: €0
Internal transactions: €0
SWIFT wire transfers (incoming): 0.00%
plus swift correspondance banking fee: €0 - €30
SWIFT (outgoing): 1%
plus swift correspondance banking fee: €0 - €30
FX (currency exchange): 1%



Monthly fee: €0
Internal transactions: €0
SWIFT wire transfers (incoming): 1.00%
plus swift correspondance banking fee: €0 - €30
SWIFT (outgoing): 1%
plus swift correspondance banking fee: €0 - €30
FX (currency exchange): 1%