In this digital era, money transfer using various apps and websites is a widely used method as they offer money transfer services via banks or remittance platforms. You use these platforms to send money overseas or pay your regular bills. In Singapore, also there are many remittance platforms that you can use for money transfers. The platforms which are licenced and regulated by the Monetary Authority of Singapore offer secure money transactions services. So, if you are looking for safer remittance services singapore, then you are at the right place.

We have listed some of the remittance services below.

List of best remittance services in Singapore

Wise

They allow money transfer to 80 countries to bank accounts. There is no minimum limit on transaction amount, but the maximum amount depends on the currency you are doing the transaction or the recipient country.

Fees:

They charge small fees of up to 0.35% of transactions which may vary according to the recipient country.

Western Union

They offer money transactions worldwide to bank a/c, mobile wallets, or cash. They have a transaction limit of S$1000 daily, S$3000 weekly, or S$6000 monthly.

Fees: Vary depending on the recipient bank locations.

Instarem

They offer various rewards on the transaction, and transfer allows in bank accounts only. There is no limit on the minimum amount of transactions but the limit of the maximum amount depends on the recipient currency.

Charges: It can be varied depending on the monetary policy of location you are sending money to, but they charge around 0.25% to 1%.

So, these are some remittance platforms in Singapore regulated by the Monetary Authority of Singapore, which means safe and secure transactions.

From the last few months, companies are buying many different types of insurances, which can be beneficial for them and can help them to face many losses. General liability insurances are one of them. It is a type of insurance that can cover medical expenses and the attorney fees resulting from many things for which the company would be responsible.

What are the coverages of general liability insurances?

Many people are taking this insurance because it provides many coverages to the people. And, if you don’t know about its coverages, then don’t go anywhere. The reason is that here are some of the coverages that this type of insurance provides-

• Bodily injuring – This insurance can be claimed if anybody gets injured due to the company’s product, services, or operations.
• Property damages-If any property gets damaged through your company’s product, services, or operations; then you can claim this insurance. It will also cover you if you are held liable for damages to your landlord’s property.

How to find good general liability insurance?

In the present time, you can find out that most people prefer to take help from general liability insurance. However, some of them can’t find out which insurance is good for them. If you are among them, then don’t worry. The reason is that here are some of the things through which you can find out the insurance is good or not-

• Price- Make sure the cost of the insurance is low and can be afforded by you easily. It can be helpful for you and allow you to save lots of money.
• Coverages- Ensure that it provides you many coverages that must require these days, such as property damages and bodily injuries.

In case you are searching for insurance for a company that can allow you to claim involving property damages and bodily injuries through your company’s product and services, then you can take this insurance. It can allow you to enjoy several benefits such as many coverages, cheap insurance, easy to claim, and many more, which can save your money and time.

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