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Terms & Conditions

Terms & Conditions

  1. Money World may, at its discretion and without liability or default, choose not to effect any Telegraphic Transfer as it deems fit.
  2. All charges incurred outside of Singapore are payable by the beneficiaries unless otherwise specified
  3. Money World reserves the right to draw this Telegraphic Transfer on a different place from that specified by the sender if operational circumstances so requires.
  4. Money World reserves the right to revise all Telegraphic Transfer charges from time to time without prior notice.
  5. Telegraphic Transfers are dispatched entirely at the sender’s own risk.
  6. Encashment of the remittance is subject to the rules and regulations and the market practices of the country of payment. Neither Money World Asia, nor its correspondents or agents shall be liable for any loss or delay arising from such rules and regulations or market practice.
  7. Money World accepts no responsibility for any delay, or omission in the transmission of message or data or from its misinterpretation when received. It is understood that the message is to be sent entirely at the applicant’s risk.
  8. For any enquiries, please call our general enquiry number at (65) 6221 1755. The operating hours are as follows:

Mon-Fri: 8.30am to 6.00pm

Sat, Sun and Public Holidays: Closed

  1. Money World is licensed under the Money-changing and Remittance Businesses Act (Cap/187) to carry on remittance business. Please note that such licensing does NOT guarantee the performance of the remittance licensee and customers take the risk of any loss suffered from the remittance.
  2. Money World reserves the right to disclose all information relating to the application and the transfer to the relevant government authorities of any jurisdiction upon their request.
  3. The application and these conditions shall be governed by and entrusted in accordance with Singapore Law.

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