SingX offers better exchange rates than the banks.
What is SingX
Founded by former American Express banker Atul Garg, SingX launched in January 2017. The service allows Singapore, Australia and Hong Kong-based consumers to transfer funds abroad and exchange 20 currencies.
Backed by some of the region’s most experienced bankers, SingX’s foreign exchange platform can help consumers and small and medium-sized enterprises save up to 90%t of typical remittance charges.
SingX Fees
SingX claims, they offer live exchange rates with no markups and only charges a nominal fee shown to you upfront.
To compare the pricing of SingX and feature the rates in comparison with other providers, we would like to partner with SingX to integrate the service into CompareTransfer.
SingX transfer speed
According to SingX your recipient will typically receive the money within a day. More information on the processing speed can be found here.
SingX transfer limits
| Customer | Transfer limit per transaction |
|---|---|
| Individual | MYR 150,000* |
| Business | MYR 150,000* |
* There is no limit on the number of transactions
SingX Details
