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.
Payout API
Send and program payouts via multiple payments rails.
Split available liquidity between two accounts. Ensure sufficient liquidity is available for both Singapore dollars and XSGD. Customisable rebalancing rules for various use cases.
StraitsX APIs
Ready-built API solutions to get your business ready for digital assets
Payment API
Accept payments via traditional payment networks and XIDR native payments.
On-ramp/off-ramp to digital Rupiah through direct bank transfer
Local Bank Transfers (FAST)
Via bank and e-wallet (GoPay, OVO, DANA, LinkAja)
Coming Soon!
E-wallet
Shopeepay
Coming Soon!
Retail
On-ramp to digital dollars
Coming Soon!
Fazz Point
Coming Soon!
XIDR (Zilliqa & Ethereum)
Coming Soon!
StraitsX Personal Accounts
Accept funds from individual StraitsX users
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.
Payout API
Send and program payouts via multiple payments rails.
Split available liquidity between two accounts. Ensure sufficient liquidity is available for both Singapore dollars and XSGD. Customisable rebalancing rules for various use cases.
Sandbox
Get started in our sandbox
Build with StraitsX API in our sandbox enviroment to test our APIs for your application.
What documents are required to open a StraitsX Business account?
We require the ownership information of your business. For account manager, we would require a valid picture of your KTP.
Businesses would also need to provide several relevant business documents (i.e: Deed of Establishment, Business License, and Decree of the Ministry of Justice and Human Rights)
What is the settlement time for StraitsX Business Accounts?
Settlement time of StraitsX business accounts is as follows: Bank Transfer In: 5-10mins* Bank Transfer Out: 5-10mins* XIDR Transfer In: Near-instant (30 confirmations) XIDR Transfer Out: Up to 1 business day (1 hour in most cases)
*Bank transfer out above IDR 100,000,000 will be processed using the RTGS network. Settlement time is real time during central bank working hours. Expect T+1 settlement for transaction outside of central bank working hours.
What are the transaction limits to StraitsX Business Accounts?
For Fiat transfer in & out, a 2,000,000 XIDR limit applies per transaction. For XIDR transfer in, there is no limit. For XIDR transfer out, a 2,000,000 XIDR limit applies per transaction.
Ready to get started?
Mint and redeem StraitsX stablecoins, manage payments, view transactions and more.