Why does Singapore not have interbank clearing system for USD&EURO if it's a finance "hub"? | HardwareZone Forums

Why does Singapore not have interbank clearing system for USD&EURO if it's a finance "hub"?

MrClubbie

Senior Member
Joined
Feb 9, 2024
Messages
944
Reaction score
568
If singapore is a financial system, it should have an interbank system for clearing fx without using swift

things are quite subpar
 
Important Forum Advisory Note
This forum is moderated by volunteer moderators who will react only to members' feedback on posts. Moderators are not employees or representatives of HWZ. Forum members and moderators are responsible for their own posts.

Please refer to our Community Guidelines and Standards, Terms of Service and Member T&Cs for more information.
Top