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Singapore
| Type | Description |
|---|---|
| Cash-out Method |
Direct credit to bank account in Singapore Dollar (SGD)
Supported sender type - Individual and Corporate Supported beneficiary type – Individual and Corporate |
| Transaction Turnaround Time |
T+1 Singapore Banking day for transaction processed and credited before 5.00pm (Mon-Fri) GMT +8
Up to T+2 Singapore Banking days for transaction processed and credited after 5.00pm (Mon- Fri) GMT +8 Transaction final status received T+2 (before cutoff) or T+3 (after Cutoff) Singapore Banking day (subject to bank systems). Transaction sent on Saturday or Sunday or Public Holiday will be processed on next Singapore Banking day Subjected to Singapore office timing and funds being received |
| Area availability | Singapore nationwide |
| Account received | Beneficiary received net amount as specified by sender |
| Transaction Limit |
Maximum per transaction SGD 1,000,000.00
Minimum per transaction SGD 1.00 Compliance accumulated limit SGD 15,000.00 per day per beneficiary |
| Service Charge | Transaction fee will not be refunded upon submitted to the banks |
| Cancellation Process | Cancellation is on best effort basis |