1. What is Remittance?
Remittance is sending or receiving money to or from an overseas bank account.
2. What is Telegraphic Transfer (“T/T”)?
Telegraphic Transfer or telex transfer, often abbreviated to TT, is a term used to refer to an electronic means of transferring funds.
3. What are there charges for our Money Changing service?
There is no charges for our money exchange service over the Counter.
4. What is the minimum amount for our service?
There is no minimum or maximum amount for our money changing or remittance service.
5. How long does the money take to reach the beneficiary’s bank account?
The beneficiary will receive the funds within 4 business days according to Monetary Authority of Singapore requirement.