Name: Outgoing International Payments (Wire Transfer)
Brand: American Express

FX INTERNATIONAL PAYMENTS

Business payment solutions
now come with peace of mind

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No matter your industry, we have a payment solution for your business

Here are some examples of how Singapore businesses might use our solutions to send and receive international payments.

See our full list of available foreign currencies for outgoing International Payments

Convert payments into SGD seamlessly

Converting foreign currency payments into Singapore Dollars can sometimes prove a challenging and costly process. Processing your incoming international payments with FX International Payments gives you convenient access to funds, thanks to our global banking relationships.

We can convert your incoming foreign currency wire or draft into Singapore Dollars and wire the funds into your nominated Singaporean bank account.

Solution that are right for any business

Solutions that are right for any business

You don’t need an American Express card to send and receive payments for your business.

Whether you are a small business looking to grow or a large corporation looking for scale, we have a range of payment solutions to meet your needs.

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Send or receive a payment for your business in 4 simple steps

Making international payments safe and hassle-free for you, so you can focus on your business matters.

Place an order with a supplier & receive an invoice

Log in online or call your account manager to provide the supplier's information, and lock in a foreign exchange rate to pay your invoice.

Payment is sent to the supplier. You don’t need an American Express card.

Supplier ships goods (Supplier may also ship before payment)

Use your Corporate Card to pay any business globally, safely and securely

With AccessLine^TM, you never have to worry about suppliers who don’t accept card payments. Simply pre-register your supplier with your Relationship Manager, and we’ll handle the rest.

Terms and conditions apply.

Learn about AccessLine^TM

You asked, we answered

What are the benefits of Spot Contracts?

Spot contracts provide a solution to short term currency exposure with quick foreign exchange settlements.

What are the risks when transferring money internally?

Transactional risk
Where you have contractual cash flows – such as receivables and payables denominated in a foreign currency – that are liable to change in line with exchange rate fluctuations.

Translation risk
The extent to which financial reporting is affected by exchange rate movements.

How do I settle payments in Singapore dollars or foreign currency?

Paying in a supplier’s currency is usually the most efficient – although it depends on the nature of your business. You can complete the transaction on local terms and control when you accept the foreign exchange rate.

View All other FAQs

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

FX 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.

© 2022 American Express Company. All rights reserved.

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Within Singapore, speak with us at

1800 507 7688

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