How to find trusted suppliers in China [Step-by-step guide]

Last update:  Copy link Copied Contents For businesses in Singapore, a “trusted” supplier usually means three things: the company is legally registered, it can reliably produce to your standards and you can pay for goods without unnecessary FX losses or fraud risk. Trade volumes show why this matters. In 2025, Singapore’s total merchandise trade reached […]

How digital payment trends in Singapore support the way you accept payments

Last update:  Copy link Copied Contents Singapore has one of the most digitally integrated payment systems in the world. More than 90% of consumers use digital payment methods and businesses process high volumes of real-time and contactless transactions each day. In 2025, digital payment volumes in Singapore exceeded US$92 billion, with cross-border settlements averaging around […]

5 traditional banks in Singapore: Fees, pros and cons

Last update:  Copy link Copied Contents Traditional banking remains a default financial decision for many Singapore businesses, rather than a strategic one. Singapore has more than 130 licensed banks, including around 30 full-service institutions that offer the broadest range of services, such as deposit-taking and corporate accounts, alongside nearly 100 wholesale or specialist banks focused […]

How to transfer money from Singapore to India [Guide]

Last update:  Copy link Copied Contents For many businesses, transferring funds between Singapore and India is a routine financial task tied to trade, services and group operations. In fiscal year 2024–25, total bilateral trade between the two countries reached approximately US$34.26–US$34.29 billion, reflecting the regularity of supplier payments, service fees and intercompany transfers moving across […]

9 best Wallex Singapore alternatives: fees and features

Last update:  Copy link Copied Contents Many smaller businesses from Singapore choose Wallex for one clear reason: it makes cross-border payments manageable. The interface is straightforward, onboarding is efficient, and the platform is generally suitable for basic international transfers. The pressure starts when payment volumes rise. FX spreads become harder to track, payout options feel […]

6 best SME bank accounts in Singapore (2026 comparison)

Last update:  Copy link Copied Contents A typical Singapore SME might now collect revenue in USD, EUR or GBP, pay suppliers in China or the US, run marketplace payouts and move money across borders daily. With so many moving parts, cash flow now hinges on cut-off times, FX execution and when funds become accessible. However, […]

5 Best money changers in Singapore (rates and fees compared)

Last update:  Copy link Copied Contents Choosing the best money changer in Singapore comes down to understanding how foreign exchange pricing affects business outcomes over time. Singapore has strengthened its position as the third-largest foreign exchange centre globally, after the UK and the US. Its share of global FX volumes rose to 11.8% in April […]

What’s the cheapest way to send money to Malaysia (from Singapore)?

Last update:  Copy link Copied Contents Sending money from Singapore to Malaysia sounds simple – until you add up the hidden costs: Exchange-rate markups. This is the main reason transfers end up expensive. A provider might offer a “zero transfer fee” but give you a weaker SGD to MYR rate. That difference may be just […]

What’s the cheapest way to send money to Thailand?

Last update:  Copy link Copied Contents *Based on standard bank exchange fees. See our comparison disclaimer. Sending money from Singapore to Thailand shouldn’t be expensive – but for many businesses, it ends up that way. According to World Bank remittance pricing data, the average total cost of sending money from Singapore to Thailand was about […]

How businesses can avoid the double-conversion trap

Last update:  Copy link Copied Contents A Singapore business sends a payment overseas or receives money from an international customer. The transaction goes through, no alerts appear and nothing looks out of place. Yet over time, the numbers stop lining up. Margins feel tighter and international sales do not seem as profitable as they should […]