What is Foreign Currency?
Additional foreign currencies to help you make various international transactions on 1 app.
Why should I have Foreign Currency on Jenius?
– Various foreign currencies are available automatically.
– Competitive currency exchange rates.
– Simple activation without additional documents.
– Affordable deposits.
– Savings with 3% p.a. interest (USD only).
– Easily link to m-Card.
– Can send/receive foreign currency to Jenius and other banks.
– Easily send/receive foreign currencies using $Cashtag
What are the benefits of Foreign Currency?
With Foreign Currency, you can do various international transactions (buy, save, sell, send, and receive foreign currencies) on 1 app.
You can also link the currency to your m-Card for cash withdrawals and transactions (including online transactions).
Who can use Foreign Currency?
Foreign Currency is available for all Jenius users with an active m-Card.
Is Foreign Currency automatically available?
The 9 (nine) foreign currencies in Foreign Currency feature are available automatically, but you need to activate them before using.
What Foreign Currencies are available on Jenius?
Foreign Currency feature on Jenius app offers USD (United States dollar), SGD (Singapore dollar), AUD (Australian dollar), HKD (Hong Kong dollar), GBP (British pound sterling), JPY (Japanese yen), EUR (Euro), THB (Thailand baht), and CNY (Chinese yuan).
Where to find Foreign Currency on Jenius app?
– On Home page, above Active Balance.
– On Wealth page, go to Cash menu.
What is the difference between CNY (Chinese Yuan) and CNH (Chinese Yuan – offshore) in Jenius?
Both CNY and CNH are Chinese Yuan (RMB). The difference lies in how and where they are used.
CNY (Chinese Yuan) is the official symbol of China’s currency and is known as the “Yuan.” This currency is used within China or Mainland China. CNY is subject to export-import restrictions imposed by the Chinese government.
Meanwhile, CNH (Chinese Yuan Hong Kong) is a currency traded outside Mainland China. CNH is freely traded in currency markets around the world.
Technically, Jenius provides the service of buying and selling CNH according to applicable regulations. The buying and selling rates used are in CNH. However, for the app’s display, Jenius uses CNY because it is more commonly known to the general public.