We are Remittance Association Singapore (RAS) & we act for remittance institutions regulated by the Monetary Authority of Singapore (MAS) that provide cross border fund transfer services.
We aid in a safe, reliable, inclusive & open cross border fund transfer for clients in Singapore
Listen to what our members have to say about their experience with RAS
We have built a strong community with the help of our committee members
RAS has joined hands with the SFA to support our members in adopting technology
Domestic helpers, construction workers, expats & businesses are the major clients of the remittance industry which gives an individual or a business with the means to transfer funds to a recipient with or without a bank account.
Many domestic helpers, workers & expats send a large part of their salary back home & look for cheap or no fees & best exchange rates
Do not give personal details via call to anyone. To guard against fraud, we do not endorse transactions done through phone texts, calls or emails.
Such money exchange typically has been over the counter using cash but digital platforms such as mobile apps & websites are fast becoming popular.
You can find our contact information & resources such as additional details about the payment service act, frequently asked questions & AML activities.
This act aims to regulate payment systems & payment service providers in Singapore.
Financial institutions must do AML activities to comply with legal conditions to identify & report suspicious activities.
We have lined up our frequently asked questions for both potential members & the public here.
Get in touch with us if you need our help with something or couldn’t find it in our FAQ section.
A suite of news articles, blog posts, videos, gallery & a compilation of the past, current & future events is given here.
Members can find information on the upcoming & past events at RAS
You can find useful blog posts on various topics like cross border fund transfers, fin-tech etc.
Check out some cool pictures to know what is been happening at RAS.
Subscribe to the RAS YouTube channel for content that will help grow your business
We pride ourselves in running our tech infrastructure in the most cost-efficient manner while achieving high availability and performance. We recently focused on optimizing Redis for one of our use ca...
Continue Reading...
