CYS INSIGHTS

A Report by CYS Global Remit Digital Media Marketing Team In cross-border payments, few terms are used as often - and misunderstood as easily - as "nett receipt." Many businesses assume that when they send a payment overseas, the recipient will receive exactly the amount instructed. In reality, this is not always the case.  For SMEs, importers, exporters, and financial institutions operating across borders, understanding nett receipt is no longer a technical detail - it is a

A Report by CYS Global Remit Digital Media Marketing Team In our interconnected world, life often transcends borders, and so do the people we care about. Many of us support family overseas, pay suppliers in neighbouring cities, hire freelancers from various countries, or shop online from our favourite markets. Yet, despite its commonality, sending money abroad can still feel complicated, slow, and expensive. This week, we are pleased to introduce CYSMobilePay , our new app de

A Report by CYS Global Remit Digital Media Marketing Team When you send money abroad, it's rarely just about numbers. Perhaps you're helping your parents cover monthly expenses back home, paying school fees for a sibling studying overseas, or settling a supplier invoice so your small business can keep moving. Every transfer carries a story, a responsibility, and a little piece of trust. And in those moments, what matters most is knowing that your money is in safe hands. For o

A Report by CYS Global Remit Digital Media Marketing Team We all love things that happen instantly, such as Instant coffee, instant messaging, instant gratification. So, when it comes to sending money overseas, it's easy to think speed is everything . But here's the thing: when your hard-earned money is travelling across borders, there's something even more important than speed. That's trust . Think about it. Whether you're a small business paying a supplier in another countr

A Report by CYS Global Remit Digital Media Marketing Team If you've ever sent money overseas, you might have wondered: "Are there limits on how much I can transfer?"  The short answer is yes – in some countries, there are limits. But the details vary depending on the destination, the purpose of your transfer, and the currency involved. Why Do Limits Exist?  Governments and regulators impose transfer limits primarily to protect their financial systems , manage currency flows ,

A Report by CYS Global Remit Digital Media Marketing Team What an incredible week it has been at the Singapore FinTech Festival (SFF) 2025 ! From 12 to 14 November, our CYS Global Remit team joined thousands of brilliant minds from around the world to explore how technology is transforming finance—and the energy was simply electric. A Global Gathering of Innovation This year's festival brought together over 65,000 participants from 134 countries, turning the Singapore Expo in

A Report by CYS Global Remit Digital Media Marketing Team Last week, our team from CYS Global Remit  attended SWITCH 2025 – the Singapore Week of Innovation and Technology , Asia's leading event that brings together innovators, entrepreneurs, and investors from across the world. The energy at the venue was electric, with ideas flowing freely and creativity on full display. Innovation With Impact: A New Direction This year's showcase revealed a clear shift in focus—innovation

A Report by CYS Global Remit Digital Media Marketing Team If you've ever attempted to transfer funds in Chinese Yuan, also known as Renminbi (RMB, 人民币 ), you've likely discovered that it's a bit more challenging than handling transactions in US Dollars (USD). But what makes sending RMB trickier? Let's explore the key factors at play.  Regulations and Control  The foremost reason lies in strict regulations and government oversight. The Chinese government exercises vigorous con

A Report by CYS Global Remit Digital Media Marketing Team If you’ve ever sent money overseas and wondered why it doesn’t arrive instantly, you’re not alone. Many of our customers ask : “Why does it sometimes take up to 5 days for my transfer? ”  Let’s break it down in simple terms. First, international payments aren’t just like sending a text message. They involve multiple steps —from checking compliance rules to converting currencies and coordinating with different banks. Ev

A Report by CYS Global Remit Digital Media Marketing Team    Last week, the CYS team had the privilege of attending Tech Week Singapore 2025 , held at Marina Bay Sands, where the technology and financial communities converged under the theme “Connected Futures, Boundless Impact.” Over two full days of exhibitions, seminars, and networking sessions, we immersed ourselves in dialogues on AI, cloud infrastructure, cybersecurity, data, and more—while showcasing how payments and

A Report by CYS Global Remit Digital Media Marketing Team Running a small or medium-sized business is challenging enough without the...

A Report by CYS Global Remit Digital Media Marketing Team Sending money across borders has evolved beyond a business necessity—it's now a...

A Report by CYS Global Remit Digital Media Marketing Team Ever wondered what happens after you click “send” on an overseas transfer? To...

A Report by CYS Global Remit Digital Media Marketing Team Imagine Anna tapping her phone, and just a few minutes later, her parents in...

A Report by CYS Global Remit Digital Media Marketing Team On 5th September 2025, CYS Global Remit had the honour of attending Dementia...

A Report by CYS Global Remit Digital Media Marketing Team The Japanese Yen (JPY) is more than just a symbol of Japan’s economic power—it...

A Report by CYS Global Remit Digital Media Marketing Team Sending money across borders is part of everyday life — whether it’s supporting...

A Report by CYS Global Remit Digital Media Marketing Team In today's hyper-connected business world, operational efficiency isn't just an...

A Report by CYS Global Remit Digital Media Marketing Team In today's fast-paced business environment, payments come from all...

A Report by CYS Global Remit Digital Media Marketing Team  Last month, the CYS Global Remit team gathered for an inspiring and...