Earn for Business
The next-gen financial account for your business
Your StraitsX Business Account allows your business to initiate payments, manage transactions and access StraitsX APIs to collect and disburse funds.
Dedicated Business Support
Near Instant Local Bank Transfer
Advanced Business Dashboard
Run your business On XSGD & XIDR
Business Account Limits
Access all features available on the StraitsX Personal Account with higher limits.
Mint and Redeem StraitsX Stablecoins
Transfer In Singapore Dollars or Indonesian Rupiah from your bank account to mint XSGD or XIDR. Redeem XSGD or XIDR back as Singapore Dollars or Indonesian Rupaih to your bank account.
Build with StraitsX Stablecoins
StraitsX stablecoins are open-source and programmable. Join hundreds of companies, products and services that support StraitsX stablecoins.
Advanced Account Management
Enable user multiple-tenancy and transaction management. Monitor transactions, settlements, reporting in a single dashboard.
Ready-built API solutions to get your business ready for digital assets
Accept payments via traditional payment networks and XSGD/XIDR native payments.
Read Developer Docs
StraitsX assigns unique bank wire instructions to each end-user of the StraitsX business account holder. The StraitsX business account maintains an internal ledger of user’s funds.
Send and program payouts via multiple payment rails.
Read Developer Docs
Earn interest on your XSGD.
Interest Paid Daily.
Returns compounded daily
Earn interest on your XSGD every day up to 4% APY.
No lock in period
Free, instanteous and unlimited transfers in and out of StraitsX Earn. Allocate XSGD straight from your StraitsX dashboard.
No management or hidden fees
Gain convenience and safe access to opportunities on DeFi space, managed by experts, all for free.
No minimum balance
Start earning with as low as 1 XSGD.
Get started in our sandbox
Build with StraitsX API in our sandbox environment to test our APIs for your application.
Connect With Our Sales Team
Read our API documentation
Leverage our powerful payments and payouts infrastructure to facilitate fiat and token transactions for your platform.
Read API Developer Documentation
Frequently Asked Questions (FAQs)
What documents are required to open a StraitsX Business Account?
We require the ownership information of your business. For each owner, we would require a valid passport / national ID (NRIC) scanned document, and a proof of residential address with at least 3 months' validity.
Businesses would also need to provide ACRA/Bizfile documentation, Memorandum or Articles of Association, and a corporate bank account statement.
How can I set up StraitsX APIs?
StraitsX provides support in integrating your application/website with our APIs. Reach out to our sales team via our
What are the settlement times for StraitsX Business Accounts?
Settlement times of StraitsX Business Accounts is as follows:
Bank Transfer In (FAST):
5 to 10mins.
Bank Transfer In (Indonesia):
5 to 15 mins.
Bank Transfer Out (FAST):
Up to 90mins.
Bank Transfer Out (Indonesia):
5 to 15mins.
XSGD/XIDR Transfer In:
Near-instant (30 confirmations)
XSGD/XIDR Transfer Out:
Up to 1 business day (1 hour in most cases)
*Bank settlement times for Indonesia is estimated based on central bank working hours. Please allow up to 1 business day for transactions outside of central bank working hours.
What are the transaction limits to StraitsX Business Accounts?
For SGD transfers in, there are no limits.
For XSGD transfer out, a 2,000,000 XSGD limit applies per transaction.
For SGD bank transfer out, there is a standard limit of 200,000 SGD, which can be increased by
reaching our sales team
For IDR transfer in and out, a 2,000,000 IDR limit applies per transaction.
For XIDR transfer ins, there is no limit.
For XIDR transfer outs, a 2,000,000 XIDR limit applies per transaction.
What are the fees for StraitsX APIs?
StraitsX API fees are as follows:
Set up fees:
one-time fee including account creation, verification, onboarding support, API integration support.
Account maintenance fees:
monthly fee covering account maintenance, customer support, tech support, corporate funds settlement out of StraitsX, monthly reports.
per transaction fee covering customer funds settlement.
For full information on StraitsX API and preferential pricing,
contact our sales team
Earn for Business
Terms of Service
XSGD and XIDR are issued by StraitsX. StraitsX is a trademark of Xfers Pte Ltd.
StraitsX is the trading name of Xfers Pte Ltd, which is the holder of a Major Payment Institution license for e-money issuance under the Payment Services Act.