I’m a bit late to the game, but it was only recently that I found out about the DBS Multi-Currency Account (MCA) when I went to watch Pirates of the Caribbean at the cinemas and laughed like mad after this ad played.

Just watch the incredulous look on the shopkeeper’s face as he tries to process why his customer is telling him that he just made a rainbow in his pants LOL.

Anyway, I digress. An account that lets me pay like a local overseas with no foreign exchange fee incurred, while letting me buy currencies at my preferred rate sounded pretty awesome to me.

It is no secret that I’m not a huge fan of cash. I pay by credit whenever I can in Singapore, and I’d love to swipe my card overseas too, but everyone knows you’re subjected to unfavourable foreign exchange rates and forex conversion fees when you do that…