Zipmex SGD bank change – effective 28th April 2021

April 26, 2021

For SGD transactions only – effective 28 April 2021 :

Zipmex will be changing its Singapore Dollar (SGD) bank account from DBS to Xfers Direct for deposits and withdrawals – with a limit of SGD 20,000 per transaction.

We are closing our DBS bank account 0720060423. 27th April 2021 is the latest date for transactions to the DBS bank account 0720060423. Please do not deposit anything to this account from 28th April 00.00 (GMT+7) onwards.*

*Please also note that the deposits and withdrawals process will be changed but users will be able to conduct all transactions through Zipmex, which will be fully integrated with Xfers Direct. The new flow will be effective from 28th April onwards.
** The same transaction fees will still apply. Please see transaction fees here: