How will my funds be converted to USD for the wallet and vice versa?
When you make a SWIFT transfer
To USD - Your bank will convert your currency to USD at their rate. You can check our forex conversion rates in the schedule of charges in the pricing section.
USD to your local currency - This conversion will be done by the receiving bank.
Only for UAE customers
In addition to SWIFT, you can also transfer AED via account linking. In this scenario we convert the funds to USD and vice versa. The exchange rates are in the schedule of charges.
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What is the Belong wallet? Why do I need it?
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As a resident Indian, can I transfer funds from my overseas account to my Belong wallet?
Yes, you can transfer funds to Belong wallet from your overseas as long the purpose code is related to 'Investment'. If any other purpose code is used, the funds will be credited back to the source account with applicable charges for the transfer.