Common Terms

MoneyWorld, as requested with a detailed overleaf, will make Telegraphic Transfer subject to the following Terms & Conditions

  1. Moneyworld may at its discretion, without liability, default or choose not to effect any Telelgraphic Transfer as it deems fit.
  2. All charges incurred outside Singapore are payable by the beneficiaries unless otherwise specified
  3. Moneyworld reserves the right to draw this Telegraphic Transfer on a different place from that specified by the sender if opertional circumstances so require.
  4. Moneyworld reserves the right to revise all Telegraphic Transfer charges fromt ime to time without pior notice.
  5. Telegraphic Transfer is to be 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. Moneyworld nor its correspondents or agents shall be liable for any loss or delay caused by such rules & regulations or market practices.
  7. Moneyworld accepts no responsiblity 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 enquires, pls call our general enquiry number at 62211755. The operating hours are:

    Mon-Fri ----9am to 6pm
    Sat --------9am to 12pm
    Closed on Sun and Public Holidays

    Submission of enquires can only be done 7 days after the transaction has taken place. A $20(excluding 5% GST) investigation fee(IF) will be imposed upon submission of enquiry. The remittance amount in Singapore Dollars will be placed in the 'Trust Fund' during investigation. Upon receipt of teh result of the investigation, if the error is caused by customers providing incomplete or incorrect information, the IF of $20(excluding 5% GST) will not be refunded. Otherwise, the IF and teh Telegraphic Transfer commission fee shall be refunded.
  9. Moneyworld reserves the right to disclose all information relating to the application and the transfer to the government authorities of any jurisdiction upon their request.
  10. The application and these conditions shall be governed by and contrusted in accordance with Singapore Law.