Bank product review: Global Wallet OCBC NISP

Global Wallet is a feature offered by OCBC NISP, a leading financial institution in Indonesia. The feature allows customers to hold multiple foreign currencies in a single account, making it convenient for them to make transactions and manage their money while traveling abroad. The account can be opened in various currencies such as USD, EUR, JPY, SGD, and AUD. The feature also allows customers to make real-time foreign currency transactions, including online purchases, without the need to exchange currencies first. 

The Global Wallet feature from OCBC NISP is a valuable tool for businesses operating in multiple countries, such as Indonesia and The Netherlands. The feature allows businesses to hold multiple foreign currencies in a single account, making it easy for them to manage their finances and make transactions in different countries.

For businesses operating in Indonesia, the Global Wallet account can be opened in Indonesian Rupiah (IDR) and used to make transactions within the country. The account can also be used to hold other currencies such as US Dollar, Euro, Japanese Yen, Singapore Dollar, and Australian Dollar. This feature allows businesses to easily manage their foreign currency transactions and avoid the need to exchange currencies first.

Additionally, OCBC NISP offers a Global Wallet debit card, which can be used by businesses to withdraw funds from ATMs or make purchases at merchants worldwide. This feature allows businesses to easily access their funds while traveling or making transactions in different countries.

There are several advantages of using the Global Wallet feature offered by OCBC NISP, including:

  1. Convenience: The feature allows customers to hold multiple foreign currencies in a single account, making it easy for them to manage their money while traveling abroad.

  2. Real-time foreign currency transactions: The feature allows customers to make real-time foreign currency transactions, including online purchases, without the need to exchange currencies first.

  3. Wide acceptance: OCBC NISP Global Wallet debit card can be used to withdraw funds from ATMs or make purchases at merchants worldwide.

  4. Security: OCBC NISP offers high level security to protect customer’s money and information.

  5. Competitive exchange rates: OCBC NISP offers competitive exchange rates for foreign currency transactions, which can help customers save money.

  6. 24/7 customer service: OCBC NISP provides 24/7 customer service, which is available to help with any questions or issues that may arise.

Overall, the Global Wallet feature from Bank Nisp is a valuable tool for businesses operating in multiple countries with different currencies, such as Indonesia and The Netherlands. It offers convenience, security, competitive exchange rates and 24/7 customer service support.