SingX
SingX is the smartest way to send money overseas
SingX is a fintech company dealing with money transfer. It offers good exchange rates, complete transparency and an ultra-convenient platform to transfer money from home. SingX's new P2P solution can reduce transaction costs by up to 90% by offering the rates which banks only use to transact with other banks. The Company also profides peer-to-peer foreign exchange and other payment services.
SingX is a team of payment and technology professionals with many years of experience in banking and finance. SingX use the most advanced systems that technology has to offer to protect your privacy and money.
Based in one of the world's most respected financial hubs, we are licensed and regulated by the Monetary Authority of Singapore. Most importantly, we believe you must have the choice of who you use to remit your money and how much to pay for it.
The SingX Advantage
Let's go back to the earlier example of the person looking to transfer money from Singapore to Malaysia. The Peer-to-Peer (P2P) Foreign Exchange will bring consumers together on a shared platform. It will match a Singaporean consumer wanting to convert Singapore Dollars to Ringgit with a Malaysian consumer wishing to convert Ringgit to Singapore Dollars. This eliminates the need to convert one currency to another.
The P2P Foreign Exchange cuts charges from 8% to a fraction – that's a massive saving of up to 90% for our friends in Malaysia and Singapore.
How does SingX offer the best rates?
Banks have hidden charges (cable fees and commissions) which are not immediately known to you because they are built into the exchange rate.
On the other hand, we offer you rates which banks only use to transact with other banks – rates you didn't enjoy, until now! What's more, we are upfront and transparent about the charges, because we believe you have the right to know.