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SURVEY: What remittance services do you use to send money out of Singapore?
SURVEY: What remittance services do you use to send money out of Singapore?
Hi there
I'm curious to find out what remittance services you are using to send money out of Singapore and if you could tell me what other company/remittance houses you may be using other than the ones listed in the poll?
Thank you!
Jesa
I'm curious to find out what remittance services you are using to send money out of Singapore and if you could tell me what other company/remittance houses you may be using other than the ones listed in the poll?
Thank you!
Jesa
- Max Headroom
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Re: SURVEY: What remittance services do you use to send money out of Singapore?
You forgot option E - None, because they're all a rip-off.
There are quite a few disruptors brewing here as well, just waiting for critical mass. Once that happens, power will return to the end user.
There are quite a few disruptors brewing here as well, just waiting for critical mass. Once that happens, power will return to the end user.
Re: SURVEY: What remittance services do you use to send money out of Singapore?
ICICI MoneytoIndia
DBS IndiaRemit
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DBS IndiaRemit
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- rajagainstthemachine
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Re: SURVEY: What remittance services do you use to send money out of Singapore?
whats SBI remit like?Wd40 wrote:ICICI MoneytoIndia
DBS IndiaRemit
Sent from my Redmi Note 4 using Tapatalk
To get there early is on time and showing up on time is late
Re: SURVEY: What remittance services do you use to send money out of Singapore?
No clue. Never used them.rajagainstthemachine wrote:whats SBI remit like?Wd40 wrote:ICICI MoneytoIndia
DBS IndiaRemit
Sent from my Redmi Note 4 using Tapatalk
Sent from my Redmi Note 4 using Tapatalk
- Max Headroom
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Re: SURVEY: What remittance services do you use to send money out of Singapore?
Let me add one more word to - hopefully - speed up the demise of the incumbents: Bitcoin.
Thank you.
Thank you.
Re: SURVEY: What remittance services do you use to send money out of Singapore?
Do you use Bitcoins now to send money to your family or friends overseas? Agree that this will be the future, but the popularity of usage of bitcoins seem to me as pretty low.Max Headroom wrote:Let me add one more word to - hopefully - speed up the demise of the incumbents: Bitcoin.
Thank you.

Or mayby I'm just abit of a techno hermit. LOL
- Max Headroom
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Re: SURVEY: What remittance services do you use to send money out of Singapore?
Sure, it has by no means reached critical mass yet. But that doesn't mean you can't make remittance savings right now by using it.
Re: SURVEY: What remittance services do you use to send money out of Singapore?
this would be a type of bank transfer, im guessing...rajagainstthemachine wrote:whats SBI remit like?Wd40 wrote:ICICI MoneytoIndia
DBS IndiaRemit
Sent from my Redmi Note 4 using Tapatalk

Re: SURVEY: What remittance services do you use to send money out of Singapore?
would these me you primary means of sending money overseas?Wd40 wrote:ICICI MoneytoIndia
DBS IndiaRemit
Sent from my Redmi Note 4 using Tapatalk
Re: SURVEY: What remittance services do you use to send money out of Singapore?
I have not seen any bitcoin channels in Singapore for me to start using it to send money overseas. I'm sure it will catch on within the next few years if not sooner. It would be exciting to see what these incumbents will do facing such tough competition and other forward looking disruptors.Max Headroom wrote:Sure, it has by no means reached critical mass yet. But that doesn't mean you can't make remittance savings right now by using it.
- Max Headroom
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Re: SURVEY: What remittance services do you use to send money out of Singapore?
You don't really need a "channel". All you need is for sender and receiver to have a Bitcoin wallet. You can then pass Bitcoins to and fro at will and at low cost.
That said, Bitcoin is now about where internet was in 1998; the basics are there and it works, but there's a few roller coaster rides to go through before it's mainstream.
That said, Bitcoin is now about where internet was in 1998; the basics are there and it works, but there's a few roller coaster rides to go through before it's mainstream.
Re: SURVEY: What remittance services do you use to send money out of Singapore?
Do you have any personal experience in converting SGD to Bitcoins, transfer to someone else and have them convert that back to their local currency (say, Indian Rupees or USD)? How's that work and how much do you lose (or gain) on the exchange rate in conversion? How do you ensure that the exchange rate represents fair market rate?Max Headroom wrote:You don't really need a "channel". All you need is for sender and receiver to have a Bitcoin wallet. You can then pass Bitcoins to and fro at will and at low cost.
That said, Bitcoin is now about where internet was in 1998; the basics are there and it works, but there's a few roller coaster rides to go through before it's mainstream.
Re: SURVEY: What remittance services do you use to send money out of Singapore?
I met some guys from Pay2Home at the last AustCham event. They seem to have it worked out for lower costs - their target is work pass holders, seamen etc.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!
Re: SURVEY: What remittance services do you use to send money out of Singapore?
Pay2Home Is NOT cheap, vs other options, example, Philippines.PNGMK wrote:I met some guys from Pay2Home at the last AustCham event. They seem to have it worked out for lower costs - their target is work pass holders, seamen etc.
Their main convenience factor for me was their online payment, saving you time to visit their outlet.
Now they have ATM style kiosks to initiate a transfer any time.
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