SINGAPORE - Media OutReach - 26 November 2018 - Singapore-based cross-border payments companyTranSwap has launched its proprietary platform to help SMEs streamline theirpayment processes and seamlessly make FX payments at the most competitiverates. As SMEs are increasingly transcending geographical borders and goingglobal, TranSwap's platform allows businesses to make payments to over 45countries. SMEs can also choose to integrate with TranSwap's API for fullautomation of multiple transfers.

TranSwaphelps businesses to seamlessly manage and execute payments globally whilereducing FX costs and complexity. The FinTech platform offers the mostcompetitive rates through its proprietary online transaction portal and widenetwork of FX Partners to enable businesses to fulfil payments overseas at thelowest cost efficiently.

TranSwapis an onboarded Value-Added Service (VAS) Provider on the Networked TradePlatform (NTP)

Cross-border payments providedby TranSwap are now available on the NTP VAS listing. As a NTP VAS provider,TranSwap is part of the vibrant trade ecosystem that is the NTP -- a Singapore Governmentinitiative. TranSwap offers importers and exporters seeking to make paymentsinternationally a cost-effective and convenient solution.

Commenting on the launch, Mr Benjamin Wong, co-founder and CEO ofTranSwap shared:

"Asan industry valued at over US$ 500 billion, coupled with the rise of fintechand increasing business adoption, cross-border remittance industry is poised tobe the next big thing in Singapore, where businesses are constantly looking foralternative ways to make international payments.

Withthe launch of our proprietary API, TranSwap helps businesses remit funds acrossborders easily and quickly. Our online platform helps businesses to seamlesslymanage and execute payments globally while reducing FX costs and complexity. I'veseen how businesses are often exposed to slow and costly transfers. Our aim isto make your money transfer cost-effective and convenient."

Launchedin 2017, TranSwap has now offices in Singapore, Hong Kong, Malaysia andIndonesia, and have plans to have presence in the United Kingdom, Europe, andother countries in the Asia Pacific region. Soon, TranSwap will be able toprocess all major currencies to over 60 countries. Currently, TranSwap customerscan send money to more than 45 countries.

Kindlyrefer to the link below for more information:

https://www.dropbox.com/sh/tgwcknuw5dajs2r/AADtk5qh0OANSMTGcPYLDWn9a?dl=0