Best Multi-Currency Accounts
We compare the features, exchange rates and security of the three best multi-currency accounts available today — the Wise Account, the WorldFirst World Account, and the OFX Global Currency Account.
Strong Singapore Dollar Sparks Travel Boom and Economic Shifts
The Singapore dollar has reached its highest level in over a decade, boosting outbound travel and curbing inflation, but also putting pressure on exporters and local businesses. While sectors like logistics and finance benefit, retail, hospitality, and exports face challenges from the strong currency.
Will the US dollar remain strong?
The dollar has risen by nearly 20% against most currencies compared to this time last year.
WorldRemit - User Reviews
With WorldRemit, send money online 24/7 to 140 destinations at highly competitive exchange rates. Send to bank accounts and mobile money wallets, top up a loved one's mobile phone or send for cash pick-up.
XE Money Transfers - User Reviews
Through these collected testimonials, you'll gain insights into various aspects of XE's service, including the competitiveness of their exchange rates, the clarity and fairness of their fees, the user-friendliness of their website and mobile app, and the quality of customer support provided.
OFX ATO Tax Payments - Save on Australian Tax Transfers
OFX have made paying Australian Tax to the ATO from overseas easy while saving money on bank exchange rates and fees.
Save Money with Regular Overseas payments
Setting up regular international payments is easy and can save you time and money
WorldRemit Money Transfers - A Guide
With WorldRemit, send money online 24/7 to 140 destinations at highly competitive exchange rates. Send to bank accounts and mobile money wallets, top up a loved one's mobile phone or send for cash pick-up.
Instarem Money Transfers - User Reviews
Instarem provides fast, safe and cost effective cross border money transfer services for Individuals and businesses from Australia, Hong Kong, India, Malaysia and Singapore to more than 25 countries.
Banks Charge Small Customers 25 Times More for FX, Research Shows
New research from the European Central Bank shows that banks charge smaller customers up to 25 times more for FX forward transactions and that those who fail to compare providers pay 14 times more for FX than those that do.
Best Send Money FX Rates
The holy grail when you Send Money Abroad is finding an organisation that you can trust and one that offers the best exchange rates along with transparent, smart and straightforward customer service.
XE Money Transfers - Guide and Review
XE works on razor thin margins for money transfers to more than 100 countries and nearly always guarantees a fantastic deal. Transfers can be booked online and over the phone and most are processed within a single working day.
WorldFirst Foreign Transfers - User Reviews
WorldFirst is a market leader in the international payments space and is consistently ranked among the most reliable and cheapest money transfer handlers for four-figure sums.
SWIFT Trials Real-Time Transfers in Europe; GPI Network an Answer to Ripple - 2019-05-28
The operator of the world’s largest financial messaging system, SWIFT, has said it will trial real-time "gpi" cross-border payments using the European Central Bank's TIPS platform. SWIFT gpi has been developed as an answer to distributed ledger payment technologies, most notably Ripple.
Fintechs vs. Banks: Remittance War Rages On as FX Costs Slashed for Millions - 2019-05-19
For many currency routes, FX costs have been slashed in recent years by a number of industry-disrupting fintechs, allowing such firms to slice great chunks from the banking sector’s lucrative remittance markets. Banks are fighting back, though, by developing low-cost, digital offerings of their own.
Consumers Throwing Away Billions on FX Fees (TransferWise Study) - 2019-05-03
As in the rest of the world, consumers in Singapore are being fleeced when it comes to foreign exchange costs, a study by TransferWise has revealed. Individuals in Singapore are being charged 15 times more on international payments than companies are, with S$2 billion lost in hidden FX fees annually.
A Guide to Buying Overseas Property
Foreign transfers to buy overseas property are typically for large amounts, so it's important to be aware that any currency movements of just a few percent can have a large cost to you when you come to settle.