This is a live market rate.
No hidden fees. No markup.
Paying suppliers, contractors, and subsidiaries through a traditional bank works — but it costs more than you see on the screen, takes longer than it should, and leaves too much to uncertainty.
Wealthgate is built on a different model. We show you the exchange rate, every fee, and the exact amount your beneficiary will receive — before you confirm. Every time.
Three core payment services, all within our MAS Major Payment Institution licence. No minimum monthly volume required to get started.
Settle trade invoices in CNY, MYR, IDR, VND, THB, PHP, HKD, INR, USD, GBP, AUD and 20+ more currencies. PSN11-compliant channels for China. The full cost — rate and fee — is confirmed before every transfer.
Learn more about supplier payments →Pay overseas employees and contractors in their local currency, every month, from a single SGD account. Faster and more cost-effective than bank telegraphic transfers for recurring payroll runs.
Learn more about payroll payments →Regional companies and overseas businesses paying Singapore suppliers can route SGD settlement through Wealthgate — with complete compliance documentation and a full transaction audit trail for both parties.
Learn more about inbound payments →A straightforward process with complete transparency at every stage. No hidden steps, no unexpected costs, no surprises on arrival.
Share your currencies, destination countries, monthly volumes, and frequency. We confirm eligibility and onboarding requirements within one business day. Most accounts are ready within 48 hours.
Before any transfer is initiated, you see the exact exchange rate, all applicable fees, and the precise amount your beneficiary will receive. Nothing is disclosed only after you have committed.
Funds reach your supplier or beneficiary typically within 24 hours. A complete transaction record is provided for your accounts and compliance team. Your account manager is available throughout.
Any business incorporated in Singapore can work with Wealthgate — including Singapore subsidiaries of Chinese, Indian, European, and US-headquartered groups.
Singapore businesses purchasing goods from China, Malaysia, Indonesia, Vietnam, Thailand, and other key supplier markets across Asia, paying in local currency.
Chinese, Indian, European, and US companies with a Singapore-registered entity. We serve the Singapore entity directly, within MAS licence scope, without requiring the parent group to be involved.
Startups and established companies paying contractors and employees across Southeast Asia, India, and beyond in local currencies every month, from Singapore.
Malaysia, Hong Kong, and China-based companies settling SGD invoices to Singapore suppliers or partners, with a full compliance audit trail on both sides.
The same MAS-licensed infrastructure and full-cost transparency that Singapore businesses rely on is available for personal international transfers — sending money home to family across Southeast Asia and beyond. No hidden markup. No surprises.
