GXS Bank
Grab + Singtel digital bank.
- Who holds it
- The company itself — it holds a full banking licence — Digital full bank (MAS).
- The ledger
- The bank’s own core ledger.
- If it fails
- A covered-deposit payout through the local scheme, up to its limit.
Derived from GXS Bank’s regulation type and custody — a class of protection, not a guarantee. Limits and eligibility vary by scheme, balance and jurisdiction; confirm before you rely on it. What happens if a neobank shuts down →
The facts
| Category | traditional |
| AI | AI underwriting in production |
| HQ | Singapore, SG |
| Founded | 2022 |
| Custody | Custodial |
| Regulation type | Licensed bank |
| License detail | Digital full bank (MAS) |
| Card | No card |
| Yield | Daily interest pockets |
| Stablecoins | No |
| KYC | Yes |
| Active regions | Asia |
| Countries | Singapore |
Verified links: official site ↗ · terms ↗ · @gxsbank ↗
Common questions about GXS Bank
What is GXS Bank?
GXS Bank is a fiat neobank, headquartered in Singapore, SG and founded in 2022. Your money is held custodially, so GXS Bank or its partner bank holds the balance and you hold a claim on it. It is regulated as a licensed bank (Digital full bank (MAS)).
Does GXS Bank have a card, and where can you use it?
It issues no card of its own. It is available in Asia.
Does GXS Bank require KYC?
Yes. GXS Bank requires identity verification (KYC) to open an account, as a licensed bank.
What does GXS Bank cost?
From the verified fields: yield Daily interest pockets. Cashback and yield are "up to" figures that change constantly and often depend on a paid plan — confirm current terms with GXS Bank before relying on them.
Peers
Wise · KakaoBank · WeBank · bKash · Maya · GCash
GXS Bank appears in
Neobanks that hold their own banking license (132) · Neobanks available in Asia (132) · Neobanks with no card of their own (67) · Neobanks in Singapore (12)
Figures compiled from public sources, for comparison only — not financial advice. "Up to" rates change constantly; always confirm with the issuer. Spotted an error? Suggest a fix.