Are there any fees or minimum balance requirements?
We currently do not charge monthly account fees, fall-below fees, or require a minimum balance. There’s also no lock in period or mininum balance for your business to maintain. Fees (if any) will be disclosed before you transact and are subject to our terms. Most banking services are GST-exempt. Where GST applies, we will […]
Can my business open multiple business accounts with ANEXT Bank?
No, a business can only apply and maintain one ANEXT Business Account at the moment.
What is ANEXT Flash?
ANEXT Flash is a cross-border transfer service that allows businesses to send USD and EUR to selected countries within 1 working day. Payments are routed via secure local rails in the US, Hong Kong, and Europe, so your recipient receives the full amount* you send. *Subject to respective local market charging practices. Selected beneficiary […]
What are the cut-off times for same-day transfers for ANEXT Flash?
Transfers initiated before the cut-off are delivered within the same or next working day. Transfers after the cut-off are processed the following working day. Payout Currency Destination ANEXT Flash Cut-off Time (Local) EUR/USD HK 17:45 GMT+8 EUR EEA 15:15 GMT+1 USD US 15:00 GMT-5 CNH/USD MYBANK 24*7
How is ANEXT Flash different from SWIFT?
Payout Rails ANEXT Flash SWIFT Speed 0-1 working day 1-5 working days Cost Lower.Single flat fee. Variable by charge option Full Amount Delivered Yes* Requires OUR option (additional fee) Coverage USD/EUR to US/HK/EEAUSD/CNH to MYBANK 10 currencies, broader country reach Proof of Payment Yes(Except Beneficiary Bank is MYBANK) Yes Business Hour Cut-off schedule at currency-destination […]
What are the fees for ANEXT Flash?
ANEXT Flash charges a single flat fee with no hidden deductions. Please refer to the ANEXT Fee Schedule for the latest rates.
What is the ABA routing number and when do i need it?
An ABA Routing Number is a 9-digit code that identifies a US bank. It is required only when sending USD to a US-based recipient via ANEXT Flash, as funds may be routed through the Automated Clearing House (ACH) network. You do not need one for transfers to Hong Kong or EEA countries. Check with your […]
Is FX supported via ANEXT Flash?
You may perform spot FX conversion from supported ANEXT Business Account currencies (SGD, USD, EUR, CNH) into eligible payout currencies and remit the converted amount via ANEXT Flash.
Which currencies and countries are supported with ANEXT Flash?
ANEXT Flash currently supports: USD: to Hong Kong, the United States and MYBANK EUR: to Hong Kong and European Economic Area (EEA) countries CNH: to MYBANK in China For transfers to unsupported currencies or countries, SWIFT remains available as an alternative.
How do I log in to Online Banking?
You’ll receive an email notification with instructions to set up your Online Banking access.