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What are the fees/charges?


  • SWIFT Payments
Below SGD 50,000
Below SGD 100,000
Above SGD 100,000
SGD 20 / payment
SGD 10 / payment
FREE
  • CNY Payments
Below CNY 100,000
Above CNY 100,000
SGD 15 / payment
FREE
  • MYR, IDR, THB Payments
Below SGD 10,000
Above SGD 10,000
SGD 15 / payment
FREE
  • USD to USD Payments
Below USD 5,000
Above USD 5,000
 
SGD 14 / payment
SGD 10 + 0.1% / payment
  • TWD Payments
Below TWD 200,000
Above TWD 200,000
SGD 20 / payment
SGD 10 / payment




What products does CYS Global Remit offer?


We are able to offer remittance services to over 130 countries worldwide with competitive rates and fast transfer. We utilize our bespoke remittance software platform and up to the second Reuters Thomson Eikon Forex feed, you can be sure that your payment will be sent out cost effectively and quickly (we are able to remit the money within 1 day for some countries). And with the FX Forwards facility you will be able to minimize currency fluctuation risk.




What services does CYS Global Remit offer?


We offer you a dedicated dealer who understands your business and is able to monitor your transactions for you. No more computerized interactions with telephone menus.

On top of our remittance services we are able to monitor the rates for you, helping you to save time and money with your payment to overseas suppliers and other things. We also offer numerous communication channels from Whatsapp to email. We do it all.




Where can CYS Global Remit help remit my payment to?


We can remit your money to numerous destinations in the world and many more, seamlessly and speedily. We deal with all major currencies including regional currencies.

Just leave us a message to find out more.




What currencies does CYS Global Remit deal with?


We deal with most major currencies, but we specialize in regional currencies.

Just leave us a message to find out more.




Which countries can CYS Global Remit help remit my payment to?


As the specialist remittance agency we are able to remit payments to many countries all over the world.

Click here to download the full list of countries that we can make payments to.




How much are the fees/charges?


  • SWIFT Payments
Below SGD 50,000
Below SGD 100,000
Above SGD 100,000
SGD 20 / payment
SGD 10 / payment
FREE
  • CNY Payments
Below CNY 100,000
Above CNY 100,000
SGD 15 / payment
FREE
  • MYR, IDR, THB Payments
Below SGD 10,000
Above SGD 10,000
SGD 15 / payment
FREE
  • USD to USD Payments
Below USD 5,000
Above USD 5,000
 
SGD 14 / payment
SGD 10 + 0.1% / payment
  • TWD Payments
Below TWD 200,000
Above TWD 200,000
SGD 20 / payment
SGD 10 / payment




How many currencies does CYS Global Remit deal with?


We deal with most major currencies, but we specialize in regional currencies.

Just leave us a message to find out more.




Can I trust CYS Global Remit to remit money for me?


As a licensed Remittance Agent by the Monetary Authority of Singapore (MAS), we handle funds in excess of S$2 billion dollars for our SME and large corporation customers. With our 23 years of experience and more than 20,000 transactions per year, you can trust CYS Global Remit with your remittance needs.




Who is CYS Global Remit?


We are a dedicated foreign exchange and remittance specialist. This is our corporate focus. We have been licensed by the Singapore Central Bank - Monetary Authority of Singapore (MAS) since 1989 to be in the remittance business.

Since then we have built a loyal customer base, helping them manage and process commercial payments, foreign exchange transactions and documents efficiently and profitably.

We are most importantly, your trusted business partner. We are not a faceless corporation, we provide excellent customer service and we look forward to assisting you in every manner to yield mutually beneficial results.




How can CYS Global Remit help my company save time and money?


We are able to help, as we are focused on merging 3 different business values that will ultimately help you save cost and time.




Why do I need CYS Global Remit to remit money for me?


With our dedicated service dealers, up to the second forex data and a high level of digital optimization, we are able to offer you a comprehensive solution for your company’s remittance needs.




Why should I use CYS Global Remit, if I am happy with my bank already?


There are 2 key benefits in partnering with CYS.

1. Cost savings to you through our bulk dealings with our bankers and overseas agents, we are able to offer competitive rates for your payment purposes. These cost savings will be passed on to you.

2. Always making your remittance a smooth and easy process. We have a team of FX dealers who are dedicated to serving you to ensure your remittance needs are met efficiently. The process is a smooth and hassle-free experience.




What are KYC and CDD?


KYC and CDD are terms used in the financial industry to combat Money Laundering. KYC stands for "Know Your Customer". As a requirement by MAS regulations and to combat the flow of money to terrorists, CYS Global Remit undertakes stringent KYC policies to verify the identity of the customer.

Furthermore CYS Global Remit also undertakes Customer Due Diligence (CDD) to ensure that our customers are undertaking sound business transactions that make economic sense. This is to further stem the flow of money to illicit organisations.




What are the benefits of using CYS Global Remit for my company?


There are 2 key benefits in partnering with CYS.

1. Cost savings to you through our bulk dealings with our bankers and overseas agents, we are able to offer competitive rates for your payment purposes. These cost savings will be passed on to you.

2. Always making your remittance a smooth and easy process. We have a team of FX dealers who are dedicated to serving you to ensure your remittance needs are met efficiently. The process is a smooth and hassle-free experience.




Where do I begin with CYS Global Remit?


You will need to open a trading account with us at no cost. Once the paperwork has been approved (we need to ensure everything is in order as regulated by MAS). You are ready to trade with us.

Please do leave your email address below. Alternatively you can contact one of our friendly dealers at +65 6226 2088. We will be most glad to answer all your queries.




What is the CYS Remittance Process?


The CYS remittance process begins with a simple call to our friendly dealers. They will inquire about your remittance needs and offer you their advice to save you the most on your transaction. It's that simple and personal.




How do I transfer funds for remittance through CYS Global Remit?


Through a variety of methods: from cash to cheques to internet banking, there are numerous ways to get your funds to us. We are constantly finding ways to improve our collection facilities.




Why should I use CYS Global Remit?


With our dedicated service dealers, up to the second forex data and a high level of digital optimization, we are able to offer you a comprehensive solution for your company's remittance needs. Just let us handle your remittance for you and start enjoying the savings in time and money. We are an extension of your business.




When will my funds arrive?


We utilize our network of licensed remittance agents and banks (through the SWIFT network) to provide you with the fastest transfers. In some cases the funds can reach on the same day, that's the CYS Global Remit difference.




What is the CYS Remittance Agency Network?


It is an alliance of licensed remittance agents from around the world; including Malaysia, Indonesia, Thailand, Hong Kong, Philippines and Singapore. We seamlessly integrate with these agents to offer you a complete remittance solution that is fast, convenient and cost effective.




Why should I choose CYS Global Remit for my remittance?


With our dedicated service dealers, up to the second forex data and a high level of digital optimization, we are able to offer you a comprehensive solution for your company's remittance needs. Never again will you need to constantly dedicate manpower to remittance, just let us handle it for you and enjoy the savings in time and money. We are an extension of your business.




What is CYS Global Remit's AML Policy?


CYS is committed to full compliance with anti-money laundering (AML) laws and regulations applicable in Singapore and jurisdictions in which it operates including the "Know Your Customer" (KYC) guidelines published by the Monetary Authority of Singapore.

CYS policy is to deal with only those customers whose source of wealth and funds can be reasonably established to be legitimate and whose remittance transactions carry an economic value. CYS is also committed to putting in place proper procedures that will generate a level of awareness and vigilance amongst management and staff to guard against money laundering.

CYS will not hesitate to report to the authorities of transactions suspected with money laundering or terrorist financing, drug trafficking and other serious crimes.




What careers are open to me with CYS Global Remit?


With CYS Global Remit there is a sure way to success with your career. Be part of a dynamic and forward looking team, constantly innovating and working together. There are many career paths available at CYS Global Remit. Please follow this link to view job openings available.




What do our employees feel about us?


“Joining CYS Global Remit has given me many opportunities to shine. My current role as a Customer Relationship Manager has been a challenging yet fulfilling experience. Being with passionate people has given me a work environment I truly enjoy.”
Benson Lau, employee since November 2011

“Working with CYS Global Remit has been challenging and exciting, and it gives me unlimited opportunities to develop. I enjoy meeting various people and am fulfilled knowing our service provides an advantage to my clients.”
Liew Ching Young, employee since September 2012

“I have been working with CYS Global Remit for almost 1 year, and there are so many growth opportunities within. From a Treasury Sales Associate, I was given the opportunity to grow into my current role of a Corporate FX dealer.”
Juliani Ma, employee since September 2012




If you'd like to find out more, just leave your e-mail below.