facebookSingX Money Transfer Ratings Jul 2024

SingX Money Transfer

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Summary

SingX Review 2024

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Summary

SingX Review 2024

SingX Money Transfer

0.25% to 1% of Mid-market rate
TRANSACTION FEES
$1
MIN. TRANSFER AMOUNT
1 day
TRANSFER SPEED
30+
SUPPORTED COUNTRIES

SingX Money Transfer

0.25% to 1% of Mid-market rate

TRANSACTION FEES

$1

MIN. TRANSFER AMOUNT

1 day

TRANSFER SPEED

30+

SUPPORTED COUNTRIES

Reviews (9)

3.9

9 Reviews

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      Posted 11 Oct 2021

      Purchased

      SingX Money Transfer

      Seamless, accredited transfer of foreign currencies. Easy application via Singpass. Rates were also not bad!

      0

      What are your thoughts?

      08 Jul 2020

      Purchased

      SingX Money Transfer

      Singx provides the best Exchange Rates out there. The transfer is seemless and less hassle. I am using them for quite sometime and never went back to other sites.

      1

      What are your thoughts?

      Vivien

      04 Aug 2021

      Digital Strategy at Singapore

      I'm trying to remit money to an NGO non-profit organisation in India, do you know if it can be done at similar cheap rates with good service?

      View 1 other comments

      15 Feb 2020

      Purchased

      SingX Money Transfer

      Absolutely loved SingX service. Used it for transfer between HKG-SNG and SNG-IND and it worked like a charm. Rates are amongst the best in the market. Absolutely recommended Feel free to sign up for SingX service. They are running a promo right now to get $10 grab voucher for new signups. No brainer. Feel free to put in my referral code ROCHAK19410 on their promo field upon signup to get the voucher.

      0

      What are your thoughts?

      10 Feb 2020

      Purchased

      SingX Money Transfer

      Exchange Rates: The absolute best I have seen in SG. I'm not sure how the team is able to pull it off but long may it continue Hidden Charges: None. What you see on the screen is what you get Ease of Transfer: Super easy, Bank Details are given, all one has to do is define the destination account details and transfer to a local bank account. I transferred in the morning and received the funds in my overseas account within a few hours. User interface: Both the website and mobile app are very easy to use and intuitive. New features: The team routinely introduces new features including a recent option to recharge overseas prepaid numbers which I thought was quite innovative given the small amounts involved. All in all, strongly recommend the service for anyone.

      0

      What are your thoughts?

      02 Oct 2019

      I found this remittance service on Google Ads on my gmail. Then i try to apply. Within the same day they engaged me with their agent. She helped me with the process and next day i am able to transfer money back to Malaysia d. Transfer is very easy to be done via their App and rate and fee are clearly stated. Please be aware dont transfer using manual way as they will have hard time to trace the transaction but their customer service really helps me to walkthrough it

      0

      What are your thoughts?

      08 Jun 2020

      Purchased

      SingX Money Transfer

      Their exchange rate is very competitive but they do not provide transfers. (what a pity) So can only use them for making purchases priced in foreign currencies. Much Much better rates than the local banks. Tried using the card to withdraw money overseas (before Covid19 "la') but it didnt work. [Exchange Rates]

      0

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      Posted 25 Sep 2019

      Among lot of Money Transfer Service Providers, choosing the best one is very difficult now a days. I am using SingX since it was first launched in Singapore & till now they have improved a lot in Money Transfer Services. The transaction charges are very minimal & also the conversion charges i could say best as compare to other providers. Overall, I am happy to use there services as it complies with my money transfer needs. I do refer my friends to use SinX for money transfer as well.

      0

      What are your thoughts?

      Posted 18 Jun 2024

      Purchased

      SingX Money Transfer

      Use SINGX at your own risk, rates shown super good BUT after Fees you've been ripped off? Previously sent 2k+ on my own account and did another balance of 3000 SGD left for first 2 time fee free transfer, was scammed on the 2nd order, Customer agent told me I did not enter the promo code, which I clearly DID and this trickery has happened to my wife's transaction. 2256hrs 13/6/2024 Assisted wife to do a transaction of 3000 SGD to MYR. Brand new account prompted 2x fee free limited to 3000 SGD. Promo Code "WELCOME3K" When made the order it shows successfully entered promo code and fee turned to $0 on the summary page, when goes on to the next page, it ask for payment via PayNow QR Code So she did and payment amount showed 3016.5 instead of 3000 SGD promised with promo code promised. So instead of proceeding, she did a manual UEN Paynow transfer to them and entered the transaction Number shown with 3000 SGD only. But on the Activities -> Remittance page it shows Total amount 3016.5 and amount 3000 assuming the promo code wasn't applied, fees were implied on order. Will call SingX tomorrow "14/6/2024" when it's open to resolve and update this review. Update 2258 14/6/2024 Wife called SingX in the morning 0902 sharp when they open, explained to Customer agent, he did mentioned there was no promo code being applied etc, Then my wife said "stated clearly on summary page promo code fee was $0, then add on your system never apply until right?" Customer agent replied "no miss, I will ask the technical team to add promo code in for you" All seems well and good but no, it took them almost 2-3 hours to apply the promo code, followed by 3 times of chatting with their customer agent via live chat, during 1st chat was asking about the promo code technical team stuff, 2nd and 3rd time was asking when will the funds be sent to receiver account? was told "Standard processing time" which stated clearly on singx website if before 5pm same day delivery, unfortunately funds is still showing processing on 2258 hrs. With my wife's experience shared proceed with caution and at your own risk, website UI is super bad, when making orders they will not allow you to enter promo code until the end of the page, if you want to top up to their singx wallet PLEASE do not do so, if you entered promo code it will still show the fee on the page and to proceed you need amount + fee on singx wallet before proceeding then on last page when you enter promo code, it will deduct the amount without fee BUT your funds on singx wallet will not be withdrawable unless you pay their processing fee. Just proceed with the bank transfer option, enter your sender details etc. then apply promo code. Update 18/6/2024 2241hrs Still have NOT received my funds Sat Sun no open, and Monday PH it's fine but Tuesday damn full working day, never receive the funds will check in with them on 19/6/2024 when they open. Very bad experience, If i could give -5 star I would.

      0

      What are your thoughts?

      05 Jul 2020

      Purchased

      SingX Money Transfer

      Lousy customer service plus lousy user interface. Exchange rate not as competitive as it seems. Pls try some other places for remittances

      0

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      About SingX

      SingX utilises Peer-to-Peer (P2P) Foreign Exchange, which brings consumers together on a shared platform. For example, the platform will match a Singaporean consumer wanting to convert SGD to MYR and a Malaysian consumer wanting to convert MYR to SGD. This process eliminates the need to convert one currency to another.

      How SingX Works

      • The consumer will make a local transfer to SingX’s bank account
      • SingX will then make a local transfer to the receiver's account
      • The recipient will receive the money at no costs
      • The consumer enjoys the good rates
      • For more info, you can visit SingX’s FAQ

      Good To Know

      • As SingX is an online platform, there will be no overhead fees.
      • Low cost transfers to over 30 countries
      • Same-day transfers
      • Business Accounts are available on SingX

      Contact SingX

      • Phone: +65 6221 7356
      • Address: 138 Cecil Street, #04-01 Cecil Court, Singapore 069538
      • Visit SingX’s website for more information.

      Contact us at [email protected] should you require any assistance or spot any inaccuracies.