At Payoutt, a licensed Major Payment Institution under the Monetary Authority of Singapore (MAS), we make security and transparency our top priorities. Here’s what you need to know to send money overseas with confidence:

1. Choose a Licensed Provider

The first and most important step is to ensure your remittance provider is regulated by MAS. This means they must follow strict compliance, anti-money laundering (AML), and consumer protection measures.
✅ With over 30 years in the industry, Payoutt is trusted by thousands of individuals and businesses for secure and compliant money transfers.

2. Understand the Total Cost

A low exchange rate isn’t always the cheapest option if extra fees are added later. Always check:

• The actual rate you will receive
• Any transfer or service fees
• How much the recipient will get after all deductions

At Payoutt, we keep our rates transparent—no hidden charges, no unpleasant surprises.

3. Provide Accurate Information

Incorrect recipient details can cause delays or even failed transfers. Always double-check the spelling of names, bank account numbers, and SWIFT codes before confirming your transaction. Our experienced dealing team is here to guide you if you’re unsure.

4. Be Aware of Processing Times

Depending on the country, currency, and receiving bank, transfers can take from a few hours to several days. For urgent transfers, speak to our team about the fastest available channels.

5. Watch Out for Scams

Never send money to unknown individuals or suspicious companies. If you feel pressured or rushed into making a transfer, stop and verify. Our staff are trained to spot red flags and will always prioritise your safety over the transaction.

With Payoutt, you’re not just sending money—you’re sending it with peace of mind.
Our strong partner network, compliance expertise, and commitment to service mean your funds are handled securely every step of the way.