SingX

SingX is a Singapore-based service for international transfers, currency conversion and foreign-currency payouts, used by both companies and private individuals. The legal entity is SingX Pte Ltd.

Services The company lists international transfers, currency conversion and foreign-currency payouts. It works with fiat currencies. According to the company, the service relies on its own regional structures and, in some countries, on licensed money transfer operators, so the party handling a payment can vary by corridor.

Markets Singapore is the home market. Because local operators are used in other countries, the licence relevant to a given payment is tied to the operator in that country rather than a single group-wide permission.

Who it suits Individuals sending money from Singapore to relatives or for personal needs, and businesses making cross-border payments or paying out in foreign currency. The source data does not provide rates, fees, limits or the list of supported corridors, so these must be checked with the company before use.