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 hold annual members-only discussions to have deep conversations that promote transparent sharing, which would not be possible in a more open setting. We then feed concerns back to the regulatory bodies on an anonymised basis. We are your voice for the industry.
Our networking events are designed to facilitate closer connections within the industry and give you the opportunity to learn from and share experiences with fellow members as well as key industry partners.
Stay up to date on industry news, access heavily subsidised training on AML and CFT to stay compliant within an everchanging regulatory landscape, attend focused forums conducted by law partners and build a competent team by recruiting through our Job Portal. Also gain access to legal & business templates and documents such as EWRA to help assess your compliance risks. We’re here to support you.
Elevate your branding and reputation by association with RAS. As a RAS member, you gain credibility and trust as a certified remitter and become part of the movement to better regulate the industry and raise the bar on the services provided.
When we receive your completed form below, we will assess your eligibility for membership and once approved, we will email you our onboarding form for further details for your membership. This process will take approximately take around 2 weeks.
BUSINESS INFORMATIONThe above information is true to the best of my knowledge. As a member or upon being admitted as a member, I agree to abide by the Constitution of the Remittance Association (Singapore) and hereby give consent to the Remittance Association (Singapore) to use all information provided including any personal data as per the need of the management committee in carrying out their duties & responsibilities.
For any questions on the application of membership, Please do not hesitate to email our Administrator
info@remittance.org.sg Download DocumentThe Association typically requires 3 representatives nominated by members. This will include the Primary Representative, Secondary Representative & an Alternate Representative.
All services can be accessed by all representatives but however only the Primary Representative will be considered the key person and will have the right to control access for the secondary & alternate representatives as necessary.
Stay up to date on Remittance Association
(Singapore)
News and Happenings
Lorem epsom is placeholder text commonly
used in the graphic and publishing
Are you become a member? Register