Login
Regulatory Status
MonFX Pte. Ltd. is licenced and regulated by the Monetary Authority of Singapore as a Major Payment Institution for cross-border money transfer service under the Payment Services Act 2019.
Safeguarded Funds
MonFX safeguards client moneys in trust accounts named in accordance with MAS regulations as a customer segregated account maintained with DBS, in Singapore (“safeguarding institution”).
Client monies in these trust accounts are ring-fenced against any debt owed by MonFX to the safeguarding institution.
The trust account is distinguished and segregated separately from any other MonFX account that it uses to deposit moneys belonging to MonFX.
BECOME A CLIENT
Find out more about our full range of services by talking to one of our experienced FX specialists on +65 6914 0850