On the Money Transfer module, select “International Payments”. You will be prompted to select a beneficiary. If you do not have a beneficiary, you can add a new one by clicking on the “Add Beneficiary” button.
- Once you have selected a beneficiary, input the details
- By selecting the “Fixed” option on either the sending currency or receiving currency, you can set the rate that will remain unchanged upon the fund transfer. E.g. if you fix the sending currency at 10,000 SGD, the amount will remain the same, irrespective of the FX rate or conversion amount.
- After inputting the details, click “continue”
- Review your transfer details
- Click “Make Payment” to confirm the fund transfer
- You will be prompted for an OTP verification before the transfer is completed