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Remittances

Companies & Markets

OCBC to make cross-border payments available to over 50 digital wallets by 2026

Many providers advertise their transfers as “free” or having “low fees”, when in reality, the true cost is hidden within the exchange rate.
Opinion & Features
THE BOTTOM LINE

How policy and partnerships can make remittances affordable

Alipay caters to more than a billion consumers in China.
Banking & Finance

Mastercard expands remittances reach in new pact with Alipay

Three Chinese nationals are seeking US$48,417 from Samlit Moneychanger, as part of other claims, alleging breach of agreements, according to a suit filed in October.
Singapore

Local remittance firm surrenders licence, to shut down amid investigations for suspected fraud

MAS and SPF say the temporary suspension is needed for the “immediate protection of consumers”.
Economy & Policy
BT EXPLAINS

Why is MAS suspending third-party channels for remittances to China?

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MDDI (P) 046/10/2024. Published by SPH Media Limited, Co. Regn. No. 202120748H. Copyright © 2025 SPH Media Limited. All rights reserved.

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