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We feel quite powerless : Chinese nationals in Singapore seek solutions after cases of frozen remittances

SINGAPORE Sushi chef Li Chang Jiang sent thousands of dollars to his daughter in China seven months ago using Samlit Moneychanger's services.

Li chang jiangXing yu zhuSam malikJed huangUnion paySingapore central provident fundMonetary authority of singaporeSingapore policeSamlit moneychangerSingapore police forceMonetary authorityZhongguo remittanceHanshan money expressCentral provident fundCash remittance

MAS suspends use of non-bank and non-card channels for remittances to China

The move comes following a spike in reports of such remittances. Read more at straitstimes.com.

Police cantonmentUnionpay internationalChinese embassySingapore policeMonetary authority of singaporeMonetary authoritySingapore police forceHanshan money expressSamlit moneychangerZhongguo remittancePolice cantonment complexSingapore government

Monetary Association of Singapore: Singapore firms remitting money to China to use only bank or card channels from January for 3 months

SINGAPORE, Dec 18 The police in Singapore have received more than 670 reports that remittances totalling around S$13 million made to China have been frozen by the authorities.

Lianhe zaobaoSingapore ministry of foreign affairsChinese embassyUnion pay internationalMonetary association of singaporeSingapore embassyPolice cantonmentSingapore policeSamlit moneychangerMonetary associationShin min daily newsPolice cantonment complexSamlight moneychangersHanshan money expressSingapore governmentForeign affairs

Singapore acts to address cases of frozen remittances in China worth S$13 million

The Monetary Authority of Singapore has instructed remittance companies to suspend the use of third-party agents to transfer funds to China.

Lianhe zaobaoPolice cantonment complex on novSingapore foreign ministrySingapore police forceChinese embassyMonetary authority of singaporeSingapore embassyUnion pay internationalMonetary authorityPolice cantonment complexMoney expressSamlit moneychangerForeign ministry

Singapore firms remitting money to China to use only bank or card channels from January for 3 months: MAS

SINGAPORE The police in Singapore have received more than 670 reports that remittances totalling around S$13 million made to China have been frozen by the authorities there.

Lianhe zaobaoSingapore ministry of foreign affairsUnion pay internationalSingapore policeSingapore embassyChinese embassyMonetary association of singaporePolice cantonmentSamlit moneychangerMonetary associationShin min daily newsPolice cantonment complexHanshan money expressZhongguo remittanceForeign affairsSingapore police force

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