Why were my funds received in SGD?

Receiving your USD deposit in SGD usually happens when the wrong wallet is selected on the DBS banking platform. SGD is generally the default wallet selected on the banking platform. To change the wallet, after selecting Interactive Brokers Singapore’s DBS bank account as the recipient:

Mobile Application

  1. Tap on the bank account number
  2. Select USD under Currency

Website Banking Platform

  1. Select USD from the drop down list

 If you are uncertain on how to navigate the banking platform, please reach out to DBS support for further assistance.

Additional Information

Powered by IBot
My Stablecoin deposit was rejected. What should I do?
How to withdraw via Stablecoin
Common FAQs when depositing USD from a DBS bank account to an IBSG account
How do I transfer funds to my bank in Argentina?