|
Buy e-Currency Order Information (Updated as at 18th
April 2012)
|
For our Buying and Selling Rates & stock availability, please
visit our Exchange Rates
Page.
All Buy Orders take a shorter time when stock is available, fulfilled within
priority time range based on priority & 1st come 1st served basis. If our stock
availability written in Exchange Rates
Page is insufficient or if you want to deal large amount, please use 'Contact
Us' form to tell us your needs so that we can confirm if we can fulfill your order within your stated time frame upon
receiving your payment.
Customer MUST update of payment status within 24 hours (except Visa Money Transfer &
Overseas Bank Wire) upon approval is given by us to make payment else the order
may be discarded.
Details to make payment to us will be given to you upon order is confirmed.
Supported e-currencies:
         . To
BUY e-Currency with national currency, please use our Buy e-Currency Order Form.
To SWAP between various online e-currencies,
please visit the Swap
e-Currencies Zone.
Important information:
All Buy Order customers MUST keep an ORIGINAL copy of the whole screenshot or scanned receipt of the payment
or bank statement which
will be requested by us if there is a problem. We are not responsible for
missing funds if you are unable to produce the receipt.
| Buy Payment Method |
Amount (USD) |
Additional
Costs (if applicable) |
Additional Information & Instructions |
Australia Bank Deposit (WestPac
/
CitiBank
/
National
Australia Bank)
|
5 to 20000 (WestPac)
OR
5 to 1000 (CitiBank)
|
FREE
|
e-Currency's Buy rate (AUD) is used Customer covers e-currency
system receive fee and Bank/Agent Cash Deposit Fee (if any).
Cash deposit made at any National
Australia Bank or Australia
Post Office displaying the Bank@Post™
symbol will be credited to our CitiBank Australia Bank Account on the
morning of following day.
Cash deposit made at other Australia Posts will
get credited to our CitiBank Account on the morning of 2 banking days later.
If you want to cash deposit to our CitiBank,
you must have a printer to print our deposit slip, if you do not have
printer, then you have to cash deposit at WestPac instead & money
is credited to our WestPac account immediately except states in Western
Australia where it gets credited on the morning of following day.
For Internet Banking payment, a scanned
(saved in JPG or GIF image file format) / faxed copy of these
documents are required for security reasons:
1) Passport / State photo ID card
2) Copy of recent 2 months Bank statement
- internet copy or hard copy both accepted.
It must display the statement date + your full name + residence address +
BSB number + bank account number on it.
2a) If bank statement does not display any 1 of these 4 information stated
above, then an additional document such as phone bill or government
official letter will be required as a proof of your residence (shows
your full name & address).
All customers are required to scan (JPEG
or GIF or PDF file format) or fax the Payment Receipt to
us after payment is made.
Payment Methods: Cash Deposit or
Internet Banking.
|
China Bank Deposit (Bank
of China) |
30 to 10000 |
20 RMB (Admin
Fee) for every amount in multiple of 10000 RMB.
Our Accounts are at ShenZhen, if
deposit from other cities, bank charge 1% (max. 50 RMB fee)
bank fee.
|
e-Currency's Buy rate (RMB) is used Customer covers
e-currency system receive fee.
Photo ID + Last 3 months Bank
Statement will be collected for payment by Internet Banking.
|
| Malaysia Bank Deposit (MayBank /
CIMB Bank / RHB) |
5 to 41000 |
FREE |
e-Currency's Buy rate (RM) is used Customer covers
e-currency system receive fee.
|
| Philippines Bank Deposit (MayBank /
MetroBank)
|
30 to 4200 |
180 PHP (Admin
Fee) for every amount in multiple of 30,000 PHP |
e-Currency's Buy rate (PHP) is used Customer covers
e-currency system receive fee and Bank Cash Deposit or ATM Transfer Fee
(if any).
Payment Methods: Cash Deposit Counter
or ATM Funds Transfer (within BancNet
Network only)
|
| Singapore Bank Deposit (POSB /
DBS / OCBC / StanChart /
CitiBank / HSBC / MayBank
/ RHB
/ SBI)
|
5 to 200000 |
FREE |
e-Currency's Buy rate (SGD) is used Customer covers
e-currency system receive fee.
|
| Thailand Bank Deposit (Kasikorn
Bank)
|
30 to 100000 (Kasikorn
Bank) |
100 THB
(Admin Fee) for every amount in multiple of 47,000 THB
Our Accounts are at Bangkok, if
deposit from other cities, Bank fee applies.
|
e-Currency's Buy rate (THB)
is used Customer covers e-currency system receive fee..
Kasikorn
Bank is recommended.
Payment Methods: Cash Deposit Machine, Cash Deposit Counter,
ATM Funds Transfer & Internet Banking.
|
India Bank Deposit
ICICI
Bank / State Bank of India
/ AXIS
Bank Cash Deposit only
Other Banks (may be available on request by existing
India customers only) Bank
of Baroda, HDFC Bank, Punjab National Bank & Indian Bank
|
50 to 1000
|
Bank Cash Deposit fee
(varies from bank to bank) as follows:
1) 170 INR
(applies to ICICI
Bank, AXIS Bank & HDFC)
2) 100 INR
(applies to Bank of Baroda, Indian Bank, Punjab National
Bank & State Bank of India)
|
e-Currency's Buy rate (INR) is used Customer covers
e-currency system receive fee.
Choice A (Recommended): Only CASH DEPOSIT
in Indian Rupee (INR) currency is
accepted.
Conditions applies as follows:
A) For
ALL Orders, customer maybe be required to give us a
typewritten or handwritten letter of purchase with the content that we
request. Sample letter for customer to copy the content will be given once
order is confirmed. A scanned copy of
your Passport or Pan ID may be requested for large order.
All customers are required to scan (JPEG or GIF
or PDF file format) or fax the
Cash Deposit Receipt / Check + Letter to us after payment is made.
|
|
United States Bank Deposit (American
Savings Bank / Bank
Of America / Bank Of Hawaii / Chase Bank / CitiBank
/ U.S. Bancorp / Wells Fargo)
|
5 to 20000
|
1.5% Admin fee
|
e-Currency's Buy rate (USD)
is used Customer covers e-currency system receive fee.
Payment Methods: Cash Deposit Counter or Direct
Deposit (available on special request) only.
Cash deposit made at all banks
usually clear on morning of next banking day, however some
non-California states such as Florida clears on morning of 2
banking days later.
Minimum HOLD period: 1 business day
regardless (Urgent / Express / Normal) Priority.
Condition apply for Cash Deposit Counter: For
all USA customers, the scanned / faxed copy (JPEG or
GIF or
PDF file format) of Cash Deposit Receipt must be given
after paid.
Condition apply for ACH Direct Deposit:
Scan/fax copy of company registration profile (include employer tax
ID) & personal state ID depending on
which state is your company registered/incorporated will be requested upon
buy order form received.
|
| Vietnam Bank Deposit (Vietcom
Bank) |
20 to 2000
|
100,000 VND (Admin
Fee) for every amount in multiple of 20,000,000 VND |
e-Currency's Buy rate (VND) is used Customer covers
e-currency system receive fee and Bank Cash Deposit or Transfer Fee
(if any).
Payment Methods: Cash Deposit Counter
or Internet Banking
|
| VISA
Money Transfer (Worldwide)
It takes 1-2 business days depending on the banks processing time |
5 to 200000 |
FREE |
Customer covers e-currency system receive fee.
Only selected banks by Visa provide this
service.
If your bank located in (China, Hong Kong, Georgia, Indonesia,
Kazakhstan, Malaysia, Russia, Sweden, Ukraine, United Arab Emirates or USA) provides this service to let you to transfer funds globally to Singapore
Visa Debit Card via the secure VISA card payment network,
you can pay with this method.
This is NOT credit card payment to us but to your bank
before your bank sends money to our Visa Debit card..
VISA will convert Foreign Currency to Singapore Dollars before being
credited to our VISA Debit Card.
e-Currency's Buy rate (SGD) will be used to pay your e-currency
account upon money credited to our Visa Card.
|
| CitiBank Global
Transfer
(Instant) |
5 to 10000 |
FREE |
e-Currency's Buy rate (SGD or USD) is used
Customer covers e-currency system receive fee.
Customer is advised to check with the CitiBank
in your own country if they allow you to do instant Global Transfer
to the CitiBank in Singapore first.
Our bank account is dominated in SGD, please convert to SGD at your end
before transferring to us.
However if your bank's conversion rate to SGD is not favorable, we also
allow you to pay USD funds to our USD account.
For security reasons, we also need these scanned
or faxed documents in JPEG or GIF or PDF file format only before we accept
the order:
1) Hardcopy of your CitiBank Bank statement
(displaying your name, account number & address) for the account you
will use to transfer funds to us.
2) Softcopy of the Internet payment receipt
after paid us
3) Scanned copy of your Passport
or National / State ID Card or Driver's License.
The Photo ID given must have your signature printed on it.
4) Typewritten or handwritten letter of purchase with the content that we
request. Sample letter for customer to copy the content will be given once
order is confirmed.
After buy order form is submitted, please wait for our email
instructions to send the required scanned document plus screenshot in
GIF or JPEG or PDF file format to us
CitiBank statement is a one-time verification requirement, but
payment receipt + letter of purchase will still required for future buy order.
|
| MoneyGram
/ Western Union |
5 to 200000 |
Transport fee (2
USD) |
e-Currency's Buy rate (SGD) is used Customer covers
e-currency system receive fee.You will be sending money to Singapore,
we can only receive in Singapore Dollars. If you sent in different
national currency, it will be converted by your financial services
company to Singapore Dollars based on their latest national currency
conversion rate.
Based on the SGD amount that we collected,
it will be converted to your desired e-currency amount using the latest SGD buy rate
displayed on our ' Exchange
Rates ' page.
Instructions will be given to you via Email
after we received and accepted your Buy Order Form submitted to
us.
Customer will need to give us these
sender's details for us collect payment:
1) Money Transfer Control/Reference Number
2) Exact Amount of SGD / Foreign Currency Sent
3) FULL First Name
4) FULL Last Name
5) City / State / Country
6) Test Question and Answer (if any)
If you need to visit your financial services
company to pay us, you need to bring a photo
ID and kindly provide the receive currency amount in SGD for our
convenience.
|
|
Overseas Bank Wire (Telegraphic Transfer)
It takes 1-5 bank business days to reach us
depending on the banks involved
|
5 to 200000 |
FREE
|
e-Currency's Buy rate (SGD or USD)
is used
Buy rate (USD or SGD) for the day we received your
funds will be used for the conversion. Our bank accounts are dominated in
SGD,
USD, EUR, GBP, CAD, CHF, AUD, NZD, HKD & JPY..
Customer covers e-currency system receive fee.
You will be remitting money to Singapore through SWIFT
network .You can remit in either SGD / USD our SGD
or USD account, however if your
bank's conversion rate to SGD or USD is not favorable, we also allow you to remit
EUR, GBP, CAD, CHF, AUD, NZD, HKD or JPY to our
multi-currency bank account.
Upon receiving the foreign currency funds, we will convert it to SGD at our end
using our bank's latest rate. Our bank's conversion rate to SGD is
capped at a maximum of 1%
below xe.com conversion rate.
Customer is required to scan (JPEG or GIF
or PDF file format) or fax the payment
receipt to us after payment is made.
We prefer to receive incoming wires in SGD or USD
|
|
Sell e-Currency Order Information (Updated as at
7th May 2012)
|
For e-Currency Swapping, Buying and Selling Rates & stock availability, please
proceed to our Exchange Rates
Page.
Sell Orders will be paid ASAP within 24 business hours (Monday-Sunday) depending on
sell option + priority + 1st come 1st served basis..
To SELL
/
USD order for national currency, please proceed to our Sell
Payza / PayPal Order Form. To SELL   
for national currency, use Sell
Supported e-Currency Order Form. To SELL other
e-Currencies for national currency, please use our Sell
Non-Supported e-Currency Order Form Receive Payment Options:
| Sell Payment Method |
Amount (USD) |
Additional Costs
(if applicable) |
Additional Information & Instructions |
| Australia Bank Deposit (WestPac
/ CitiBank)
|
5 to 6750
|
FREE for ALL
Banks across Australia |
Customer covers system transfer fee charged to
us
e-Currency's Sell Rate (AUD) is used.All payments will be made by Internet Banking
within 24 business hours provided AUD funds are sufficient. Customer
must check AUD stock on 'Exchange
Rates' page prior to selling.
6-digit BSB must be included with your Bank Account Number on
the Sell Order Form.
All transfers will be credited INSTANTLY to destination account.
If it is not 1 of our 2 supported Australia Banks, but other
Banks, the
Interbank Funds Transfer, may take up to next 2 business days from
the time we made the payment for the funds to be reflected in your bank
account.
|
India Bank Deposit (AXIS Bank,
CitiBank, HDFC Bank, ICICI
Bank, Punjab National Bank, State
Bank of India)
|
50 to
7500
|
FREE for above 150 USD equivalent for 1 of our 6 India Banks
4.50 USD
admin fee for between
50 - 150 USD equivalent for 1 of
our 6 India Banks
Nominal InterBank fee may be levied for other India Bank account,
depending on which bank & branch city. |
Customer covers system transfer fee charged to us
e-Currency's Sell Rate (INR) is usedAll payments will be credited by
cash deposit within next 2 business days. If it is a large amount,
then we will assign electronic transfer or check deposit.
For Sell Amount above 7500 USD, please wait for manual approval upon
order form submission.
Bank Account Full Name, Bank Account Number
Bank
Home Branch Address City & IFSC Code must be given.
Payments to India Banks can
only be paid on Mondays to Fridays 12pm to 7pm (GMT
+ 8 hours) excluding Singapore Public Holidays.
For credit
to
State
Bank of India
account, you will receive
credit between 1 to 2 hours from the time we processed provided we processed
your order by 7pm (GMT + 8 hours) on current business day, if not you will
receive credit on next business day morning.
If your bank account is
with other 5 India banks, then you will receive credit on
the next business day morning if we process your order by 7pm (GMT +
8 hours), if not you will receive credit on morning of 2 business days
later.
For credit to non-supported India Banks, the Interbank Funds
Transfer process may take up to next 2 business days from the time we made
the payment for the funds to be reflected in your bank account.
|
|
Malaysia Bank Deposit (MayBank /
CIMB Bank / RHB
)
|
5 to 36000
|
FREE for MayBank,
CIMB Bank
& RHB only. Norminal InterBank 2 RM fee for every 5000 RM
will
be levied for other Malaysia Banks |
Customer covers system transfer fee charged to us
e-Currency's Sell Rate (RM) is used
Payment will be made by Internet Banking within
24 business hours (including weekends) -
subjected to availability of funds
|
| Philippines
Bank Deposit (Only
these banks in BancNet
network: Allied
Bank, AUB,
Banco
Filipino, BSJ,
Centennial, China
Bank, Chinatrust,
CitiBank, Citystate,
EWB,
Equicom,
Green
Bank, Malayan
Bank, Manila Bank, MayBank,
MetroBank,
Opportunity Microfinance, PBCom,
PBB,
PNB,
Philtrust,
Postal
Bank, PSBank,
QCRB,
RCBC,
Real
Bank, Robinsons,
Security
Bank, StanChart,
Sterling Bank of
Asia, Tong
Yang, World Partners) |
5 to 2900 |
50 PHP
Bank fee for every amount in multiple of 30,000 PHP (imposed by BacnNet) |
e-Currency's Sell Rate (PHP) is used.
All payments will be made by Internet Banking
within selected priority (Urgent / Express / Normal) provided PHP
funds are sufficient.
Customer
must check PHP stock on 'Exchange
Rates' page prior to selling e-currencies to us.
Payment can only be made to these 32
Banks which are part of BacnNet
network.
We keep our funds in MayBank, so If
your account is with other banks, the Interbank Transfers can only be made
on Mondays to Fridays between 7am to 11pm (Philippines Time)
daily EXCLUDING Philippines Public Holidays.
All transfers will be credited INSTANTLY to any of these
32 Philippines Banks upon we transferred the funds to your bank
account. Daily transfer limit is capped at
60000 PHP / day, so if you sell larger amount, we need to spilt 2
days.
|
| Singapore Bank Deposit (POSB /
DBS / UOB /
OCBC / StanChart
/
CitiBank / HSBC / MayBank /
ANZ / SBI)
|
5 to 200000
|
FREE for ALL Banks. If our bank account funds is insufficient,
transport to bank to top-up will be made, transport fee is waived. |
Customer covers system transfer fee charged to us
e-Currency's Sell Rate (SGD) is used
Default Payment method is by Internet Banking
(including weekends) unless Cash Cheque
payment method selected.
Urgent Priority is available. Payment waiting time is same as stated in
Sell Order form
|
| Thailand Bank Deposit ( Bank Of Ayudhya,
Bangkok Bank, Kasikorn Bank, Krung
Thai Bank, Siam City Bank, Siam Commercial Bank,
Thai Military Bank, United Overseas Bank) |
20 to 30000
|
Kasikorn
Bank
FREE for accounts maintained in Bangkok
only.
Kasikorn Accounts in other cities:
15 THB Bank fee regardless of the amount transferred.
|
Customer covers system transfer fee charged to us
e-Currency's Sell Rate (THB) is usedAll payments will be made by Internet Banking
within selected priority (Urgent / Express / Normal) provided THB funds are sufficient. Customer
must check THB stock on 'Exchange
Rates' page prior to selling.
Interbank Transfers can only be made
between 6am to 9pm (Thai Time) daily.
All transfers will be credited INSTANTLY to any of these
8
Thailand Banks after we made
the payment for the funds to be reflected in your bank account.
|
|
Nominal InterBank fee will be levied for other 7 Thailand Banks as follows: Send
0 to 20000 THB: 25 THB fee Send 20001 to 50000 THB: 35 THB
fee
|
|
United States Bank Deposit (Bank
of America, CitiBank & Wells Fargo Bank)
|
30 to
2000
|
2.70
USD Admin
fee applies.
Each USA customer is limited to sell a maximum of 2000 USD per
day (subjected to sufficient bank funds availability stated in 'Exchange
Rates' page).
10
USD ACH Transfer
fee (next business day funding) or 3
USD ACH Transfer
fee (3 business days funding) applies for Bank of America Business /
Miltary accounts or ALL other USA Banks.
Default selection is next business day
funding (10 USD), if customer need 3 business days (3 USD), must
state in order form memo column).
|
Customer covers system transfer fee charged to us
e-Currency's Sell Rate (USD) is used
For deposit to CitiBank, please
include the state which your account is maintained at.
For deposit to Bank of America account,
your Zip Code (as appear in bank statement) MUST be provided in the
memo column of your Sell Order form and we can only pay to Bank of
America personal
bank account.
For Bank of America
business or military bank account & ALL other
USA Banks (non-CitiBank / non-Wells Fargo), routing number must be provided in order form
for payment by ACH Transfer.
ACH Transfer to other USA Banks, funds will
be drawn from our Bank of America account.
|
| United States Chase
QuickPay (All USA Banks) |
20 to
2000
|
2.70 USD Admin
fee applies
Each USA customer is limited to sell a maximum of
2000 USD per
day (subjected to sufficient bank funds availability stated in 'Exchange
Rates' page).
|
Customer covers system transfer fee charged to us
e-Currency's Sell Rate (USD) is used
Customer must first enroll in the
Chase
QuickPay program with an email
address then add and validate your USA bank account linked to your
QuickPay profile before start using this sell method. Customer do not need
to own a Chase Bank Account as our company owns one.
We will send money to your email address,
which you will log on to your Chase QuickPay profile and click "Accept
Money". From there, you will submit your withdraw request for credit
to a bank account with any USA bank.
If credit amount is < 1000 USD to
Chase Bank account, money is received
on same business day of our transfer. Otherwise for > 1000 USD, money
is received on next business day.
If credit to non-Chase
USA Bank account, money is received 2-3 business days after the date of
our transfer.
For full details of this service, visit
QuickPay
FAQs.
|
| VISA
Money Transfer (Worldwide)
It takes 1-2 business days depending on the banks processing time |
20 to 10000
|
Visa Cards in Brunei, Malaysia & Philippines:
5 SGD
fee
Visa Cards in other countries:
8 SGD fee
Limited to 3000 SGD per transfer & up to 20000 SGD per
day.
|
Customer covers system transfer fee charged to us
e-Currency's Sell Rate (SGD) is used
VISA will convert SGD (Singapore Dollars) to your VISA Card's currency before
crediting it. Conversion rate may or may not be known before hand.
You must provide your 16-digit VISA Card Number in Sell Order form.
We use MayBank
Singapore to transfer funds globally to any VISA card issued worldwide
(EXCEPT Belarus, Colombia, Congo, Cuba, Indonesia, Iran, Iraq, Ivory Coast, Liberia, Myanmar, Nigeria, North Korea, Sudan, Syria, USA, Venezuela, Zimbabwe)
via the secure VISA card payment network.
|
| CitiBank Global
Transfer
(Instant) |
5 to 80000
|
FREE - only
CitiBank's selling TT rate involved if non-SGD / non-USD account abroad
|
Customer covers system transfer fee charged to us
e-Currency's Sell Rate (SGD or USD) is used
Our Bank's selling TT rate SGD to your national currency will be
used before sending over to your bank account unless you hold a SGD
currency account with the CitiBank in your country.
If you want Sell Rate USD to be used, you
MUST
state so in the memo column of your Sell Order form, otherwise Sell Rate SGD
is used.
To receive USD to your USD Account,
allow extra 1
business day for us to deposit check into our USD account
before transferring to your bank account.
We can only pay to CitiBank customers abroad in these
32 countries
with this
method: Australia, Bahrain, Belgium, Canada, Colombia, China, Czech Republic,
Egypt, Germany, Greece,
Guam, Hong Kong, Hungary, India, Indonesia,
Japan, Jersey, Malaysia,
Mexico, Pakistan, Philippines,
Poland, Romania, South Korea, Spain, Taiwan,
Thailand, Turkey, United Arab Emirates, UK, USA,
Vietnam.
|
| MoneyGram |
20 to 10000
|
Send
Money Service fee
+ 3 USD transport fee
|
Customer covers system transfer fee charged to us
e-Currency's Sell Rate
(SGD) is used
Singapore financial services
company only collect SGD from us, hence exchange rate will be involved
to convert SGD to the foreign currency which customer can
receive.
If customer can receive more than 1 type of
national currencies, we will choose
the national currency which
financial services company provide the better
currency conversion rate to send in.
Click
Here for MoneyGram's indicative exchange rate.
Click
Here for Financial Services Companies' sending fee and
FAQs. Western Union-Singapore
website do not provide online checking of currency conversion rate. It differs from country to country for
different national currencies daily, hence we can only advise you an estimated
rate.
Customer needs to give us these receiver's details in the
Sell
Order
Form for us to make payment:
1) Full First Name
2) Full Last Name
3) City/State/Country
You need to bring along a photo ID to collect the cash as your
Financial
Services agent
needs to verify your particulars. Receiving amounts less than 500
SGD, you
do not need photo ID, only a test question and answer required.
If your receiver is in
United States,
beside your
city & state, you also need to include your
Zip
Code in your Order Form as required by
Financial Services
Company.
If your country must have a test question and answer for you to receive
the money, you must let us know.
|
| Western Union |
20 to
10000
|
Send
Money Service fee +
2 USD
transport fee
|
|
Overseas Bank Wire (Telegraphic Transfer)
It takes 1-2 business days depending on the banks processing time
|
20 to
200000
|
Bank flat fee of
30 USD
(remit in USD) for wire
amount less than 5000 USD.
Bank flat fee of 38 USD
(remit in USD) for wire
amount above 5000 USD.
Bank flat fee of 30 SGD
(remit in SGD) for regardless of wire
amount..
Bank flat fee of 30 SGD
equivalent (remit in other currencies) for amounts up to
8000 SGD
(approximate
5700 USD)
Contact
Us for the Bank fee if
remit currency is in other currencies (non USD / SGD)
amount more than
5700 USD equivalent
|
Customer covers system transfer fee charged to us
e-Currency's Sell Rate (SGD or USD) is used
Default remittance currency: SGD
If you want Sell Rate USD to be used, you MUST
state so in the memo column of your Sell Order form, otherwise Sell Rate
SGD
is used.
We will remit in SGD (no agent bank fee) UNLESS specified by customer
to remit in foreign currency.
Customer can choose to receive in these major foreign currencies only:
USD, Euro, Canadian
Dollar, Australian Dollar, British Pound, New Zealand Dollar, Japanese Yen,
Hong Kong Dollar, Swizterland Francs, Denmark Kroner, India Rupees, Norway Kroner,
Phillippines Perso, Sweden Kronor & Thailand Baht
However if your bank do not accept incoming wires in SGD,
we will wire in your national currency. If your national currency is not 1
of the above major foreign currencies, then we will remit in Euros
for European countries and USD for all other overseas
countries.
When remitted in foreign currency, our bank's selling telegraphic transfer
rate is
used for conversion of SGD to destination currency. Customer must cover their own bank receiving fee and agent fee (if any). If
a memo for the beneficiary is required, customer must write it in the memo
column of Sell Order form. Compulsory information required:
1) Beneficiary Bank Account Name
2) Beneficiary Bank Account Number
3) Beneficiary City/State
4) Beneficiary Bank Name
5) Beneficiary Bank City/State/Country
6) Beneficiary Bank SWIFT Code
7) Routing Number (for US only) or IBAN (for European Countries only)
Optional information:
1) Agent Bank Name
2) Agent Bank City/State/Country
3) Agent Bank SWIFT Code
4) Agent Bank Routing Number (for US) or IBAN (for European Countries)
5) Preferred Foreign Currency
6) Memo for Beneficiary
|
| [MasterCard / Visa Card (USD
or SGD)]
Note: Payoneer.com
is highly recommended
|
20 to 10000
|
Additional 3
USD admin fee for sell between
20 - 50 USD
Admin fee waived for sell amount above
50 USD.
We are NOT responsible for any fee charged
by your receiving medium processor.
If payment is rejected/refunded, we take 5%
return fee, only
after refund is received by our bank, then we can pay you again with other
methods instructed by you.
|
Customer covers system transfer fee charged to us
e-Currency's Sell Rate (SGD or USD) is used
Customer must write Full Instructions with Step by Step guide in the 'Other
Instructions, Information, Questions, Suggestions or Comments' field
of Sell Order form so that we can visit your payment processor's website
such as Payoneer.com
(exclude PayPal - use our Swap e-Currencies Order form instead)
to load your Prepaid MasterCard/Visa Debit Card, pay for your goods, pay
your credit card bill or pay your web hosting bill, etc.
We can pay with these Cards
(issued in Singapore): 1) MasterCard Debit Card (USD) 2) MasterCard Debit
Card (SGD) 3) MasterCard Credit Card (SGD) 4) Visa Credit Card (SGD) 5) Visa
Debit Card (SGD)
If you want Sell Rate USD to be used, you
MUST
state so in the memo column of your Sell Order form, otherwise Sell Rate SGD
is used. If you need
us to pay in other foreign currencies (non-SGD or USD),
you are allowed to specify the preferred type of Card for us to pay with,
if no preferred is given, we will pay you with our MasterCard Debit Card (SGD), we will sell you at the mid-rate given at xe.com. We
have the right to refuse pay to payment medium processor if
we feel that our Card details can be compromised.
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| Singapore Crossed or Cash Cheque |
50 to 200000
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Admin fee (2 USD) |
Customer covers system transfer fee charged to us
e-Currency's Sell Rate (SGD or USD) is used
International Customers who choose to
receive physical cash by FedEx, should indicate the national currency bank
note denominations that they prefer to receive in and the total foreign
currency amount required. Entelnova will check the Money Changer exchange
rate to quote the ecurrency amount required and the delivery time to reach
customer's overseas address. Entelnova does NOT hold responsibility if the
bank notes goes missing in the delivery, customer takes 100% full risk if
he choose to cashout by this sell method.
All Customer must write his/her full
address including the Zip/Postal Code in the 'Other
Instructions, Information, Questions, Suggestions or Comments' field
of Sell Order form for us to mail the cash or cheque to
you.
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| FedEx (Physical Cash) |
Admin fee (5 USD) +
FedEx shipment cost to destination country for International Priority or
International Economy |
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Frequent Asked Questions (Updated as at
17th May 2012, 2:25pm SGT)
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Q1) What are Payza & LR?
Payza works
similar to PayPal.com, a Canda based online payment system established in 2005 - http://www.payza.com
LR stands for Liberty Reserve, mostly used for investment purposes,
Costa Rica company established in 2002 - http://libertyreserve.com
Q2) If I need 2000 Liberty Reserve,
how much SGD do I need to pay by Singapore Internet Banking for Normal Priority?
Assume Buy Rate is 1 USD = 1.350 SGD
2000 USD X 1.350 = 2700 SGD
Hence, you will need to pay 2700.00 SGD to purchase 2000
Liberty Reserve.
Q3) If I need 2000 USD Liberty Reserve,
how much RM do I need to pay by Malaysia Internet Banking for Normal Priority?
Assume Buy Rate is 1 USD = 3.30 RM
2000 USD X 3.30 = 6600 RM
Hence, you will need to pay 6600.00 RM to purchase 2000
USD Liberty Reserve.
Q4) If I need to sell 1000 USD Liberty Reserve,
how much SGD will I receive to my Singapore DBS Bank for Normal Priority? Assume
Sell Rate is 1 LR USD = 1.200 SGD & the LR receiving fee is 2.99 USD (1000
USD - 2.99 USD) X 1.200 = 1196.41 SGD Hence, you will receive 1196.41 SGD
into your Singapore Bank Account.
Q5) If I need to sell 2000 Liberty Reserve,
how much RM will I receive to my Malaysia MayBank Bank Account for Normal
Priority?
Assume LR fee is 299 USD & the Sell Rate is 1 USD = 3.00 RM
(2000 USD - 2.99 USD) X 3.00 = 5991.03 RM
Hence, you will receive 5991.03 RM for sale of 2000
Liberty Reserve.
Q6) How do you calculate
the Sell/Buy rates?
Buy/Sell rate is adjusted 1 or
more times daily, calculated based on 2 main factors in the order of priority:
1) National Currencies valuation & fluctuations
2) Singapore & Overseas e-Currency Market Rate /Condition 3) High
or low demand & stock availability
Q7)
Where do you get so much stock to fulfill orders? We are a jack of
all trades, our stock come from many different supplies, generally most orders are fulfill
within 12 business hours. If we
receive a large order and stocks are unavailable, we may have to outsource from
our partner which will cost us more and can take up to 1 and 1/2 business day to
receive it.. Q8) How do I get started to
Buy/Sell/Swap e-currencies? After
you have submitted your order form to us and we will clarify everything with you if needed, before we give you
instructions to make payment to us by the various payment method.
Q9) Do you have special rates if I (consumer)
need to buy or sell in large quantity, more than 10K of e-currencies weekly? Yes, please send us an email with your Msn / ICQ /
Yahoo / Skype / GoogleTalk Online Messenger & we can discuss in private personally to suit your
needs.
Q10) Do you have priority or
special rates for exchanger distributors & partners with faster processing
time? Yes, it can be arranged after we reviewed your
website. Please use our Contact
Us form with your Msn / ICQ /
Yahoo / Skype / GoogleTalk Online Messenger
to discuss. Q11) What do I do if I have
further questions? If after reviewing
our Order Info Page and you still have doubts, please contact us and we will do
our best to answer you if it is not already explained on site. If you have
specified area which is remains unclear to you after reviewing our site, we will
also be happy to clear your doubts. However, please do NOT ask
questions before you have spent enough time to check through our site. Do NOT
ask to be spoon fed or ask every thing part of our service which is clearly
understandable, we can not entertain such requests and they will be ignored.
If you still have doubts, please
post on our forum
support folder or use our Contact
Us form.
Do note that we may not answer your questions directly if the answer
can be found on our site.
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Entelnova.com is an independent
business & is NOT in anyway associated with Western Union, MoneyGram
or other businesses.
Entelnova Global Service © 2005-2012. All Rights Reserved. Business Reg No.
53056595A Fax: +65-67482426
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