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Foreign Exchange Services
Click here to see the currencies available for business international payments
We offer B2B international remittance and invoice payments, spot contracts, forward contracts, limit orders, money transfers, invoice payments, working capital solutions, foreign exchange risk management solutions, and drafts in over 60 foreign currencies for corporates. We also accept USD-USD and SGD-SGD supplier payments.
Although exchange rates are subject to global market forces and change continuously, you can be assured that we offer competitive rates on all offered foreign currencies.
Enrolment, as well as onboarding, is free.
There are no monthly service fees.
Our online security systems use the latest technology to keep your monies safe and give you a peace of mind. We also share regular updates for clients to protect themselves from fraud and online scams. Click here to find out more.
New clients are required to submit a New Account Application Form, a Director's Resolution, and other regulatory documents as per local laws. Please reach out to American Express International Payments representative to get started.
No, an American Express® Card is not needed to open an International Payments account, nor is it required to make a transaction.
Our Customer Service line is available to assist you at 1800 507 7688, Monday to Friday, 8am-6pm.
However, you can create trades on our platform 24 hours a day, with trade confirmation sent via email on the next working day.
The American Express International Payments site works with most internet browsers. Please clear web browser's cache, cookie, and history before trying again.
If it still fails, please contact our Customer Service team at 1800 507 7688, Monday to Friday, 8am-6pm, for further assistance.
We have comprehensive, step-by-step tutorials covering every aspect of sending and managing online money transfers. Please visit our How to Guides to get started.
Clients can choose to transfer funds via the below methods:
1. Direct Debit (preferred method) is the simplest and most efficient way to make payments. American Express will work with your preferred bank to initiate the payment upon your authorization. Please consult your Relationship Manager on details to submit the interbank Giro form.
2. Internet bank transfer or cheque enables American Express to receive funds in any of the following banks - DBS, OCBC, UOB, and JP Morgan. For internet funds transfers, please indicate your Client ID in ‘Payment Details’ or ‘Payment Reference’ field. For cheque payments, please indicate your Client ID on the back of the cheque.
3. PayNow is also enabled for our clients to transfer funds. Please use the following codes for Pay Now: S68FC1878JFXP. For Pay Now transfers, please indicate your client ID in in any relevant ‘Reference’ or ‘Description’ field.
With Foreign Exchange International Payments from American Express, you can request to receive automated updates, via email, on market currency fluctuations during a period of time. This will allow you to capitalize on favourable exchange rates, avoid having to monitor the market constantly and allow you to have more time to manage your business.
For international payments, American Express sends confirmation emails to the initiator of the payment and the beneficiary, provided a beneficiary email address is supplied.
There may be a cancellation fee or FX loss; please contact our dedicated Customer Service team at 1800 507 7688, Monday to Friday, 8am-6pm to seek more information.
Our Customer Service line is available to assist you at 1800 507 7688, Monday to Friday, 8am-6pm.
The information contained in this webpage has been prepared without taking into account your objectives, financial situation or needs. You should consider the appropriateness of International Payments in relation to your individual requirements.
For further information, please refer to the relevant Terms and Conditions
International Payments are arranged through American Express International Inc., (UEN S68FC1878J) Incorporated with Limited Liability in the State of Delaware, U.S.A. with a place of business at 1 Marina Boulevard, #22-00, One Marina Boulevard, Singapore 018989.
Users of this site agree to be bound by the terms of the American Express Web Site Rules and Regulations.
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