If you need to remit money to Singapore the ideal solution for you will be to use Xendpay. We offer a great exchange rate for the Singapore Dollar and allow you to remit money at allow you to transfer money at a low cost, 24/7 from any location via our online payments system.
Singapore has the highest percentage of foreign population in the world, with the majority comprised of Malaysian Chinese, which means that a large number of people have moved their lives overseas to live in the island country.
Expatriating like this, be it on a temporary or a permanent basis, is an expensive business as there is a house to organise, rented or owned, as well as visa costs, bills, maintenance fees and a number of other everyday expenses.
Initially you will most likely have to remit money to Singapore from your overseas bank account to cover these costs, however using a bank-to-bank transfer to do this could prove expensive. Banks tend to charge per-transfer fees and the Singapore dollar currency exchange rate is highly unlikely to be as competitive as that of a foreign exchange specialist.
Remitting money through Xendpay is therefore the ideal solution as we reduce the costs of your remittance by offering a great exchange rate for the Singapore Dollar and allowing you to remit money for a low fee.
With Xendpay you will also benefit from the convenience of our service as you can remit money on our online payments system which means you will be able to remit money from a location and time which suits you.