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RBS launches multi-currency pricing for Singapore Airlines online sales

Through its foreign exchange management solution, FXmicropay™, The Royal Bank of Scotland (RBS) has implemented a new feature for Singapore Airlines (SIA) that now allows the airline’s customers to pay for their flight tickets, and other purchases made online in the currency of their choice. SIA customers will be able to see the final amount they will be billed, without having to wait for their credit card statement. 

RBS will implement additional currencies for SIA in the second phase in the coming months. 


The new FXmicropay™ multi-currency initiative was launched in April. The currencies introduced in the first phase included the Australian Dollar (AUD), Euro (EUR), British Pound (GBP), Japanese Yen (JPY), Singapore Dollar (SGD) and the US Dollar (USD). 

RBS’s FXmicropayTM now supports over 130 currencies. The solution has the capacity to handle up to 3,000 transactions per second, 24x7, and can be customised and seamlessly integrated according to the needs of the merchant. RBS’s FXmicropay™ is supported by the bank’s foreign exchange (FX) business and its cash management products and services. To date, RBS has implemented FXmicropayTM for a variety of online merchants and e-commerce websites including travel-related retailers such as airlines and hotels. 

Singapore Airlines

Commented Saket Misra, RBS’s Head of International Banking for Singapore, “As one of the world’s leading airlines, SIA is known for its undisputed service excellence. The introduction of multi-currency pricing will enhance the booking and travel experience for the growing number of SIA’s international passengers, through the removal of uncertainties related to currency fluctuations around online transactions.”

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