Remit money to Singapore

Singapore has the highest percentage of foreign population in the world, with the majority comprised of Malaysian Chinese.

Indeed, 42 per cent of the population are foreigners. This means that a large number of people have moved their lives overseas to live in the island country.

Expatriating like this, be it on a temporary or a permanent basis, is an expensive business.

There is a house to organise, rented or owned, as well as visa costs, bills, maintenance fees and a number of other everyday expenses.

Singapore has the highest percentage of foreign population in the world, with the majority comprised of Malaysian Chinese.

Indeed, 42 per cent of the population are foreigners. This means that a large number of people have moved their lives overseas to live in the island country.

Expatriating like this, be it on a temporary or a permanent basis, is an expensive business.

There is a house to organise, rented or owned, as well as visa costs, bills, maintenance fees and a number of other everyday expenses.

Initially you will most likely have to remit money to Singapore from your overseas bank account to cover these costs.

Using a bank-to-bank transfer to do this could prove expensive. Banks tend to charge high per-transfer fees and the Singapore dollar currency exchange rate is highly unlikely to be as competitive as that of a foreign exchange broker.

Why not look into opening a free online account with RationalFX today to see how much cheaper the process could be with us?