YouTrip is a popular multi-currency mobile wallet that allows users to spend, send, and withdraw money in over 150 currencies worldwide. But what about withdrawing money from YouTrip in Singapore?
In this comprehensive guide, we’ll answer all your burning questions about withdrawing money from YouTrip in Singapore, including:
- The different ways to withdraw money from YouTrip
- The fees associated with withdrawing money from YouTrip
- The limits on withdrawing money from YouTrip
- How to avoid paying withdrawal fees
Yes, You Can Withdraw Money from YouTrip in Singapore!
The good news is that you can indeed withdraw money from YouTrip in Singapore. You have two options for withdrawing money:
- Withdraw cash from an ATM: You can withdraw cash from any ATM in Singapore that accepts UnionPay cards. However, you will be charged a withdrawal fee of S$5 per transaction.
- Transfer money to your bank account: You can transfer money from YouTrip to your Singapore bank account for free. However, it may take 2-3 business days for the money to arrive in your account.
Fees for Withdrawing Money from YouTrip
As mentioned above, there is a S$5 withdrawal fee for withdrawing cash from an ATM using YouTrip. However, there is no fee for transferring money to your bank account.
Limits on Withdrawing Money from YouTrip
The maximum amount of money you can withdraw from YouTrip per day is S$2,000. You can also only withdraw a maximum of S$10,000 per month.
How to Avoid Paying Withdrawal Fees
There are a few ways to avoid paying withdrawal fees when using YouTrip:
- Use the YouTrip card to make purchases: Every time you use your YouTrip card to make a purchase, you’ll earn cashback. This cashback can be used to offset the cost of withdrawal fees.
- Transfer money to your bank account: Transferring money to your bank account is free. However, it may take 2-3 business days for the money to arrive in your account.
How to Withdraw Money from YouTrip in Singapore
Step 1: Open the YouTrip app.
Step 2: Tap on the “Withdraw” icon.
Step 3: Enter the amount of money you want to withdraw.
Step 4: Select the withdrawal method (ATM or bank transfer).
Step 5: Follow the on-screen instructions to complete the withdrawal.
Step 6: Collect your money!
Highlights of Withdrawing Money from YouTrip in Singapore
- Convenience: You can withdraw money from YouTrip at any ATM in Singapore that accepts UnionPay cards.
- Flexibility: You have the option to withdraw cash or transfer money to your bank account.
- Low fees: There is no fee for transferring money to your bank account.
How YouTrip Stands Out
- Multi-currency support: YouTrip supports over 150 currencies, making it ideal for travelers.
- Competitive exchange rates: YouTrip offers competitive exchange rates on all currencies.
- Security: YouTrip is a secure way to store and spend your money.
Conclusion
Withdrawing money from YouTrip in Singapore is a quick and easy process. You can choose to withdraw cash from an ATM or transfer money to your bank account. There are no fees for transferring money to your bank account, but there is a S$5 fee for withdrawing cash from an ATM.
YouTrip is a convenient and affordable way to manage your money when traveling to Singapore. With its multi-currency support, competitive exchange rates, and low fees, YouTrip is the perfect choice for travelers.
