This post is like 3 years old. And the simple change like removing the 2 lines is not even addressed, let alone the more complex feedback. So disappointed.
Receiving payment in Foreign currency is still OK to deal with , through Undeposit Fund account. You don't need to create a Dummy bank account for this purpose....
Your suggested solution just doesn't help. Because you enforce converting a smaller currency to bigger currency (for ex. THB to SGD, VND to SGD, IDR to SGD), wh...