Rupee Remittance via SingX Pte Ltd
SingX platform enables Singapore based NRIs to transfer money in Indian Rupees from Singapore to India in a quicker and economical way.
Key Benefits of using Sing X platform for remittance to India
| Guaranteed Savings | versus banks and existing Money Transfer operators, who levy hidden charges (cable fees and commissions) and mark up the exchange rates. Some even claim to have zero fees, but mark ups unknown to you still exist |
|---|---|
| Fair and Transparent rates | SingX, on the other hand, offers live interbank exchange rates. These are rates at which banks exchange money with each other, rates consumers did not enjoy until now. SingX charges a small fee which is told to you upfront |
| Convenient and Easy | You can do money transfers from anywhere including from the comfort of your home. There's no need to make a special trip to your bank, wait in queues, fill up cumbersome forms or to be present in person to sign |
| Quick transfers | Enjoy the benefit of same day transfers to Federal Bank and other Banks* |
How to Sign-up
- Log into www.singx.co and complete your registration. Please be prepared to load the following documents :
- Schedule a face to face meeting with the SingX staff
- Start enjoying guaranteed savings and same day transfers
Payment Modes
Two modes of payment are enabled for this:
i. Net Banking transfer
ii. Nets - a method to pull money direct from customer's account in Singapore.
For more details, please click here.
**SingX Pte Ltd is a company registered in Singapore (UEN: 201433979Z) and works with licensed remittance operators in each country. In Singapore, SingX works with our group company, SingX Singapore Pte Ltd (UEN: 201533243W) which is regulated as a remittance business (License number RA No. 01492) by The Monetary Authority of Singapore (MAS)
# Proof of address : Please provide either a credit card statement or utility bill or bank statement ( not more than 3 months old). If you are new to Singapore you can even provide a copy of your tenancy contract
SWIFT Wire Transfer
SWIFT is the most popular mode of money transfer in the world. Our customers can send money from any part of the world through SWIFT. It is the most popular mode of money transfer in the world. To facilitate remittance through SWIFT, Federal bank has correspondent banking relationship with all major banks in the world.
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