How to pay international employees: a guide for Singapore businesses

Last update:  Copy link Copied Contents If you’re a Singapore business hiring or managing employees overseas, you’re probably asking some of these questions: Can I pay international employees in their currency? Can I send payment without getting hit by intermediary bank charges and high FX markups? How do I ensure international employees get paid on […]

5 digital banks in Malaysia compared 2026

Last update:  Copy link Copied Contents Digital banks are a new type of bank in Malaysia. They allow you to manage your entire account online without ever needing to set foot in a branch. As of 2026, the Bank Negara Malaysia (BNM) has awarded five digital banking licences: GX Bank Ryt Bank Aeon Bank KAF […]

How to manage foreign exchange risk (+ make business costs more predictable)

Last update:  Copy link Copied Contents If you send money overseas on a regular basis, then you’ve likely faced unpredictable costs due to exchange rate volatility. Even small shifts in currency value can have big impacts on your bottom line. For instance, if you import goods from Malaysia, you face the risk that the ringgit […]

5 alternatives to bank payments for domestic and international transactions

Last update:  Copy link Copied Contents If you’re looking for alternatives to bank payments, chances are you’ve run into some of the common frustrations that come with traditional banks: High and unclear fees: Banks often charge maintenance fees or have minimum balance requirements, while wire transfer charges can reach as much as SG$60. The costs […]

What are the best business bank accounts in Australia? A guide for Singapore SMEs

Last update:  Copy link Copied Contents If your Singapore business is operating in Australia, you’re likely considering a local business bank account for a few reasons: It can help your Singapore business appear more credible in the local market It gives you a place to hold AUD, so you’re not constantly converting it back to […]

What’s the best way to send money to Australia from Singapore?

Last update:  Copy link Copied Contents Making online money transfers can drain your budget faster than you might expect – especially if you make regular overseas payments. For example, banks typically add an FX markup of 1–4% onto the mid-market exchange rate. And then there are the multiple sets of intermediary bank fees, plus SWIFT […]

1688 vs Taobao: Which platform is best for overseas buyers?

Last update:  Copy link Copied Contents 1688 and Taobao are two of Mainland China’s largest e-commerce marketplaces. But which one is best to use as an overseas buyer? The best platform for you largely depends on whether you’re a business or an individual. 1688 is typically used by business customers, as it offers wholesale goods […]

What’s the best way to do an international money transfer?

Last update:  Copy link Copied Contents If you’re searching for the best ways to transfer money internationally, there are some important questions to ask as you compare your options: Are the FX rates fair and fees transparent? Many payment services apply FX markups (sometimes as high as 3–4%) that aren’t obvious upfront. Providers that are […]

How to open a bank account in Thailand as a Singaporean business: A guide

Last update:  Copy link Copied Contents If you’re looking to open a bank account in Thailand as a foreigner, you may have already encountered some frustrating roadblocks. For instance, to open a personal account, you’re required to have a non-immigrant visa, and in most cases, permanent residency. For a business account, the process is even […]

How to open a business bank account in Malaysia from Singapore

Last update:  Copy link Copied Contents Opening a business account in Malaysia with traditional banks can be a challenge.   For one thing, you’re typically required first to register your business with the Companies Commission of Malaysia (SSM) and provide a valid physical business address in the country. Then, in many cases, you’re also required […]