On Tuesday (23 July), multi-currency digital wallet app YouTrip unveiled a new feature named “Bank Withdrawal” that allows users to transfer funds back to their bank accounts with zero fees.
The new feature will be “gradually rolled out” to users over the coming days.
However, YouTrip stated that only funds topped up into the app after 12am on 22 July can be transferred out using the new feature.
Here are the types of balances eligible for the new withdrawal method:
Funds topped up using debit or credit cards cannot be withdrawn.
To withdraw funds from their accounts, users must also ensure that the funds are in Singapore Dollars (SGD).
Each user may submit up to 10 bank withdrawals per month. After the 10th withdrawal, users would have to request for a refund, which comes with a S$10 processing fee.
Here are the steps users should follow to transfer funds from the YouTrip app back to their bank accounts:
Also read: S’pore-Based Digital Wallet App YouTrip Raises S$68M In Funding, Has S$1 Flight Giveaway
Have news you must share? Get in touch with us via email at news@mustsharenews.com.
Featured image adapted from YouTrip.
The app driver received multiple blows to the head, leaving him with a fractured skull.
UOB cardholders get access to an exclusive presale one day before the general public.
Several other women came forward to comfort her after she was rescued.
21-year-old Zulfarhan Osman Zulkarnain was beaten and burned with a hot iron after being accused…
Allianz is planning to buy over a majority stake in Income Insurance, previously known as…
Getting into the National Day spirit despite being so far from home.