Processing Times & Transfer Limits for Money Transfer​

Sending money overseas with SingX is not only cheaper and more convenient but also really fast! Processing time begins once transactions are booked and payments for these transactions are credited to the SingX bank account.

Country ​Processing TimesTransfer Limits​
Business Days ​Non - Business Days ​
Australia (AUD) Before 3pm – Same day  1 Business day No Limit
Bangladesh (BDT) Before 5pm
Wallet - Same day
Bank Account - 2 Business Days
Wallet - 1 Business day
Bank - 2 Business Days
Indvidual:
(Bkash Wallet)
Per Transfer: BDT 50 - BDT 125,000
Max wallet & monthly limit: BDT 450,000
(Bank Account)
Per Transfer: BDT 50 - BDT 200,000
Compliance accumulated limit: BDT 1,000,000 per day

Note – we do not process transactions to business accounts
Canada (CAD) Before 5pm - 1-2 Business Days 2 Business Days No Limit
China (CNY)** ChinaPay Wallet -
9am to 5pm - Within few hours
5pm to 9am - Next Business Day
1-2 Business Days Indvidual: Per Transfer: USD 3,000 (CNY Equivalent) (Max 2 Tansfer per Day);
Per year: USD 50,000 (CNY Equivalent)

If the receiver does not have a ChinaPay wallet, a one-time KYC is required.

Europe (EUR) Before 5pm- Next Business Day 1-2 Business Days No Limit
UK (GBP) Before 5pm- Next Business Day 1-2 Business Days Individual & Business: GBP 250,000
Hong Kong (HKD) Before 5pm- Within few hours 1 Business day No Limit
Indonesia (IDR) Anytime (Less than IDR 50M) - within 1-2 hours
Before 2pm (IDR 50-100M) - Next Business Day
Next Business Day < IDR 100 million. (cumulative limit IDR 100M per day)
India (INR) Before 5pm - Within few hours 1 Business Day Indvidual: No Limit
Business: INR 1,500,000
Japan (JPY) Before 5pm - Next Business Day 1-2 Business Days Individual & Business: USD 725, 000
South Korea (KRW) Within few hours Within few hours Indvidual: KRW 5,900,000
Business: KRW 100,000,000 
Sri Lanka (LKR) Before 11am - Same day Next Business Day Individual & Business: LKR 1,000,000
Malaysia (MYR) Before 2pm - Same day Next Business Day Individual: MYR 500,000
Business: MYR 1,500,000
Nepal (NPR) Before 12pm - Next Business Day 1-2 Business Days Individual & Business: NPR 1,000,000
Per Receiver Account Per Month: NPR 1,000,000
New Zealand (NZD) Before 5pm - Next Business Day 1-2 Business Days Individual & Business: Equivalent of SGD 1,000,000
Philippines (PHP) Bank Transfer:
Less than PHP 50K* - 1-2 Hours
More than PHP 50K - 1-2 Business Days
Cash: Before 4pm - Same Day
Next Business Day Individual & Business: PHP 500,000 (Per Transfer & Daily)
Pakistan (PKR) Before 4pm - Same Day Next Business Day Individual & Business:
Per Transfer: PKR 1,000,000
Per Day: PKR 5,000,000
Singapore (SGD) Before 5pm - Within few hours Next Business Day No Limit
Thailand (THB) Next Business Day Next Business Day Individual & Business: THB 49,999
United States (USD) Before 5pm
Less than $25k - Same Day
Above $100k - Next Business Day
1-2 Business Days Individual & Business: USD 100,000
Outside USA (USD) Before 5pm - Next Business Day 1-2 Business Days No Limit
USD to SGD  Before 5pm - Same Day
Cheque
Before 12 pm - same day
After 12 pm - Next Business Day
Receiver Account credited - 1 to 2 Business Days
1-2 Business Days No Limit
Vietnam (VND) Before 5pm
NAPAS Rail banks - Same day
Traditional Rail banks - Next Business Day
Next Business Day Individual: VND 300,000,000

Note – we do not process transactions to business accounts

*For these banks only - BDO Unibank, Bank of Philippine Island (BPI), BPI Family, Metrobank

** Receivers must be individuals and Chinese Nationals only.

^Processing times refers to transactions booked and payments for these transactions credited to the SingX bank account.