A bank draft functions similarly to a cashier's check. Because the money is drawn upon and issued by a bank, a bank draft guarantees the availability of the underlying funds. Buyers or sellers make or require payments through bank drafts as a secure method of payment.
Telegraphic Transfer or telex transfer, often abbreviated to TT, is a term used to refer to an electronic means of transferring funds. A transfer charge is often charged by the sending bank and in some cases by the receiving bank.
What is remittance? A remittance is a transfer of money, often by a foreign worker to an individual in their home country. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries. .
Beneficiary is the person who receives the funds.
The exchange rates are based on Reuters and the economic forces of market demand and supply.
There are no limitations as to the sum of money you want to remit.
Our charges are depending on the type of currencies you transacted. Please contact us through our contact us page for more details.
Identity card – Employment Pass/Work Permit/Passport/IC. Beneficiary Details - This includes Name, Address, Telephone Number, Bank Name, Bank branch, Bank address, and Account Numbers. We can refer to our database if the beneficiary is the same.