Remittance Function

How to use BiyaPay for remittance?

You can remit fiat currency from BiyaPay account to bound bank account through App or Web.
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How long does it take to remit after submitting?

After submitting remittance, after 9 am Singapore working time, it is expected to accept the remittance within 8 hours.
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How long does it take to arrive after submitting remittance?

It will basically arrive on the same day (working day), depending on the country currency, payment method, working hours and bank review.
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Can I remit a specific amount?

You can remit a specific amount, the actual remittance amount will be displayed on the remittance page.
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Can I receive a specific amount?

Remitting local currency usually has no handling fee, it is recommended to remit an extra 30-50 dollars to cover possible cost loss.
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Will I be notified after remittance?

After remittance, the message center and registered email will receive notifications.
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How to view remittance records and vouchers?

You can view historical records on the remittance page, and view and download vouchers on the remittance details page.
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Do I need to pay taxes for remittance?

Remittances through BiyaPay usually do not directly involve taxes, but it depends on the nature and background of the remittance.
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How to remit to the same bank account again?

Select the previously bound receiving bank on the remittance page.
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Is the remitter's name me?

No, the remitter's name is our institution's name or the name of our partner institution.
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