Trade Services
Global Pay-In and Pay-out Services
As an international trader, do you worry that your profit margins are being affected by banking charges? Let SingX help you take care of these challenges so that you can focus on growing your business.
Trade Services
- Risk Management Services: Ensure that your trade related payment transactions are protected against fraudulent bills of exchange and other manipulated shipping documents through our document verification service.
- Documentary Collections: Leverage SingX as the appointed intermediary to exchange documents against payment or acceptance with your trade counterparties.
- Digital Trade Escrow: Avail trusted third-party solutions for holding funds until contract obligations are met.
Collect
Provide your SingX Account Number to your Buyers. They can easily send funds to you in the invoicing currency
Hold
Hold funds in your virtual account as long as you like
Convert
Convert from one currency to another at preferential rates
Pay
Make salary/supplier payments OR simply bring the collected funds back home.
*Subject to local regulations in your country
Benefits of SingX
Huge Savings
Access to Live and Competitive FX rates without any hidden bank charges or mark ups.
Full Control on FX
Ability to determine time of FX conversion based on prevailing rates and requirements.
Licensed & Regulated
Based in one of the world's most respected financial hubs, we are licensed in every market we operate in.
Tailormade Solutions
We customize our product and platform to address your specific pain points.
Real-time Transfers
We process payments 7 days a week, 365 days a year.
Named Multi-Currency Accounts
Get an account in your name, with a unique account number and a multi-currency wallet feature.
How to Open an Account
Submit your contact details to us
Our sales agent will reach out to assist you
Account Opening within 2 days of document submission
Our Business Platform
Our intuitive and user-friendly dashboard provides a one-stop solution for managing all your international pay-ins and pay outs. Boost your profitability by reducing expenses on fees, FX markups, and manpower.
help.business@singx.co | +65 3163 6148
*SingX Pte Ltd is a company registered in Singapore (UEN: 201433979Z) and works with licensed remittance operators in each country. In Singapore, SingX works with our group company, SingX Singapore Pte Ltd (UEN: 201533243W) which is regulated as a remittance business (License number PS20200369) by The Monetary Authority of Singapore (MAS). For a list of licenses in all countries, please click here.