ABOUT US

Incorporated since 1996, APT Money Change is a Money Changer and Remittance Agent licensed by the Monetary Authority of Singapore (MAS).

We strive to be the place that people go to, trust and depend upon for their remittance needs. And for the past 20 years, that is what we have been doing while at the same time providing fast and competitive remittance rates to most major countries worldwide.

Our many years of experience and expertise allows us to provide products and services that suit the individual needs of our clients, but we do not stop there. In fact, we are constantly exploring and adopting new technologies and operational procedures to better serve our clients.

We are also constantly expanding our remittance networks to remain as one of the most complete international money transfer service in the market.

About Us

WHAT WE OFFER

What we offer

APT Money Change is committed to full compliance with Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT). We have developed a set of our own compliance procedures and a manual so as to comply with all applicable laws and regulations in Singapore and operating according to the Know Your Customer (KYC) guidelines published by the Monetary Authority of Singapore.

In addition, we further dedicate ourselves to continuous compliance training so as to ensure our staffs are always aware of the potential compliance risks and procedures to mitigate these risks.

To ensure all of our clients are low-risk with respect to the global community, there is also an Accuity Online Compliance Check in-built in our remittance system.

REMITTANCE FORMS

Please fill up and sign the relevant forms and bring it down to our outlet together with your Identification card.

FAQ
A bank draft is a cheaper alternative to telegraphic transfer. It is a written order issued by our bankers to pay your beneficiary a specific sum of money. The time required for the bank draft to clear varies between banks.
Telegraphic transfer is an electronic payment sent to an overseas bank, instructing them to pay your beneficiary a specific sum of money.
Remittance is sending money to or receiving money from an overseas bank account.
Beneficiary is the person who receives the funds.
The exchange rates are based on Reuters and the economic forces of market demand and supply.
There are no limitations as to the sum of money you want to remit.
Our charges depend on the type of currencies transacted. Please contact us at 6266-1817 for more details.
Identity card – Employment Pass/Work Permit/Passport/IC. Beneficiary Details - This includes Name, Address, Telephone Number, Bank Name, Bank branch, Bank address, and Account Numbers. We can refer to our database if the beneficiary is the same.
The Monetary Authority of Singapore, which governs and issues licenses to remittance and money changing companies, requires such identity documents.
Only money exchange transactions above S$5,000 and all remittance transactions require identity documents.

©Copyright 2016 APT Money Change Pte Ltd.