Send Money From Singapore And Australia To Worldwide

About

Soon after Speed Remit launched in 2004, it started building up its reputation globally in remittance with approval from the FCA under PSD2. It ensures its valuable clients have the safe, swift, and cost-effective transfer of funds via API-integrated solution/Web-based application. Adapting to new technologies in the remittance world precisely aligns with our objective of keeping fund transfers encrypted, instant, and easy for our valued customers.

Our Vision

With the supreme fund transfer service, we stand firm in our commitment to being the top money transfer company globally. This ensures that we have a steady relationship with our customers, increasing the number of customers daily and sustaining our strong existence among the top money transfer companies.

Steps to EnsureHassle-freeTransactions

Simple Navigation

The Speed Remit team works day and night to make the site accessible for users to move around. This keeps us growing as the trusted platform for sending your valued money safely and quickly to your loved ones.

Security

Our highly skilled Team strives to provide a secure and encrypted medium for international transactions. Furthermore, our IT professionals do not compromise on protecting the receiver's and senders' personal details. Our cybersecurity experts also use the most up-to-date security tools to ensure secure transactions.

Customer-Friendly exchange rates

Speed Remit has sensible exchange rates, which benefit the amount received by the recipient and, indirectly, the sender. It also contributes to growing our customers' trust, which gives us an edge over other providers.

Practical Fee

Every remitter expects a sensible fee for money transfers, and Speed Remit meets this expectation of its customers. Our fee never has any hidden charges for international transactions, which builds up massive trust in our services by our customers.

Speed

Along with making hassle-free transfers on our platform, our professionals make them fast, knowing the importance of the sender’s money transfer. Our Team stays vigilant to avoid transaction delays, making us a more practical service for remittance transfers.

Accessibility

We have a vast network of agent locations or partner banks, both in the senders’ and receivers’ locations, to ensure accessibility for both parties. To take accessibility to the next level, we are expanding our agent locations, providing the nearest possible setting for both senders and receivers.

Mobile Friendly

As Smartphones are part and parcel of everyone's life, so we keep our website mobile-responsive for safe and instant fund transfers. Furthermore, our professional IT Team is always alert to fix bugs, allowing the website to run smoothly on Android and iOS devices.

Transparency

Our valued customers have access to clear and transparent information about fees, exchange rates, and the total amount to be received by the recipient. It has already made us the constant companion for dozens of valued customers sending remittances regularly.

Customer Support

We always value a responsive and helpful customer support Team; hence, you find our representative responsive to each customer's query. We believe in complete assistance as we understand the sensitivity of money transfer matters for both senders and receivers; therefore, our professional representatives guide customers to satisfaction.

Reliability

We also have a remarkable track record of completing transfers ideally and on time, standing us out in reliability evaluations. To continue this aim, we take extraordinary measures regularly to keep our services reliable and customer-responsive.

Transfer Limits

On our platform, customers also find feasible transfer limits that meet their needs for global transactions. We offer transfer limits that put us at the top of the money transfer sector to attract a large number of remitters.

Compliance

Speed Remit works diligently to prevent its systems from being used to perpetrate any unlawful activity. We protect our customers and prevent the use of our products or services by anyone for money laundering, terrorist financing, sanctions violations, scams, and fraudulent intentions. As necessitated, we work with law enforcement to apprehend and impeach offenders.

Speed Remit collect different types of personal information for legal and compliance purposes relating to you that may be Compliance information, including fraud prevention, identity verification, and sanction checks. This may further include using your personal information to validate and authenticate your identity, and utilising third parties to help us do so, using personal information needed to comply with legal and regulatory duties related to anti-money laundering and counter-terrorist financing; detection, prevention and prosecution of fraud and theft as well as preventing illegitimate or prohibited use of our services or other illegal or wrongful activity.

Onboarding customer Identity Verification

Speed Remit is a financially regulated company and required by laws to verify the information prior to onboarding customers. Below are the more information on our verification processes and policies for our onboarding customers.

1. Why does Speed Remit need to verify me?

1.1 Normally, we will only need to check/Screen your name, address date of birth and country of origin.
1.2 We may also do enhance due diligence (EDD) that will be depend on amount to comply with the sending country regulations.
1.3 We will contact you if we need anything from you, so please ensure you check your emails regularly after you’ve made your transfer. In very rare cases the funds remain undelivered in absence of any additional information required under the prevalent laws of the territories.

2. What ID is required for the country I’m registered in?

2.1As a financially regulated company we are required by laws to verify all of our customers. Part of this process is 'identity verification'. Usually this involves collecting a copy of Government issued Valid ID from you and you can upload your ID securely at any time for our screening / verification during registration process.
2.2 Please upload your ID front side and back side to complete your verification process.

3. .Is there anything I need to know before I upload my ID?

3.1 When submitting your ID, please make sure that it's a high quality photo or scan of a valid original government-issued ID card, and the image should be clearly displaying the below information:

- ID Number
- Your Photo
- Your Complete name
- Your Date of Birth
- ID’s expiry date
- The full machine readable zone (the two lines of letters and numbers at the bottom of the document) if present
- Resident Address

3.2 The complete name and date of birth must match with your details on your Speed Remit account.

3.2 If any details do not match, please contact the Speed Remit Customer Support team (sr.cs@speedremit.com) to have your details amended. For more information on this click "My Account" option

4. What types of ID can I use?

4.1 In case the Government issued ID card is not available incidentally at the time of registration / transaction, we may alternatively accept below ID's in case it is allowed your local central bank / financial regulator. At the end of the day, you must be holder of a valid ID even if you are unable to present it at the time of transaction.

- Driving License
- National ID
- Passport - All four corners of the document must be visible and it should visibly display the vital information.

4.2 Always upload the front and back of the ID or any alternate document (if any). The document number must be visible and there should be no glare or defocused image.
* Must match the details in your Speed Remit account

5. What is address verification?

Address verification is part of our customer verification.

5.1 If we need to verify your resident address we will contact you by email. You’ll need to reply to the email with your address and any proof of Address document as an attachment e.g. Last Utility Bill etc.

5.2 When submitting your proof of address, please ensure that it is a high quality photo or scan of a valid document showing:

- Your full name
o This must match what appears on your Speed Remit account
- Your full Resident address
o This must match what appears on your Speed Remit account

5.3 The name and address on the document must match the details on your Speed Remit account.

5.4 If any detail does not match, you can update them on our app or website by visiting the My Account Option of the Speed Remit.

6. What types of document you required to accept for address verification?

6.1 ID documents we can usually accept include:

- Utility Bill
o This can be a gas, electricity, water or insurance bills.
o We can’t accept mobile phone bills
o The bill must be no older than 3 months
- Driving Licence
o This must show your address
o This must be in date – we cannot accept expired documents
- Bank / Credit card statement
o This must be no older than 3 months

6.2 If your document is not accepted, it could be for a number of reasons. Some of the reasons documents cannot be accepted are:

- The date on document
o If the document is older than 3 months, we cannot accept it
- The details on your document
o The details (including name and address) on the document are not matched with information on your Speed Remit account
o The details must be for your home residence, not a PO Box or workplace
- The document type
o The type of document may not be one we can accept (for example a mobile phone bill)

7. What happens to my personal information after I upload it?

7.1 We only use these when we are completing Know Your Customer (KYC) checks, which is an essential process.

7.2 You can read more about our privacy policy and how we use your information here.

8. Need to send us your documents?

8.1 TIf we've emailed you and asked you to send us some documents, use the link in our email to upload your photo ID or selfie, and provide your proof of address by attaching it and replying to our email.

- To provide your photo ID or selfie: use the shared link in the email, or upload them here:
o Photo ID
o Selfie
- To provide your proof of address or any other document, reply to our email with your document as an attachment

Be our Agent

Speed Remit is expanding and intend to widen our presence in order to provide our customers with remarkable services across the world. We offer a great opportunity for worldwide regulated money transfer companies/ Banks to join speed remit Network as send and receive agent, simply fill in the form below. We’ll get back to you as soon as possible.