Transfer money online for free and earn cashback on FAST payments

Stop paying unnecessary bank fees for FAST transfers.

Save more with unlimited free local transfers, and earn more with the only SME business account to reward you with cashback when you transfer money online to suppliers, customers and employees.

Open & start using account in 5 mins

Save more when you transfer money locally or overseas

Earn Cashback on FAST Transfers

Enjoy unlimited free FAST transfers, plus get up to $100 cashback every month when you make FAST transfers.

Zero FX Fees for Overseas Payments

Transfer money to pay overseas suppliers in local currency without FX fees. Enjoy competitive, better than bank international exchange rates.

Save Time by Managing Finances Together

Admin users can grant selected people in the company role-based access for better visibility of finances, and to create payment flows for Admin approval.

How to transfer money locally?

One of the best ways to transfer money locally is to sign up for a Validus business account. This account provides unlimited free local transfers and rewards businesses with cashback when they transfer money online to suppliers, customers, and employees. Validus also offers instant money transfers via FAST and PayNow* (*coming soon) with no fees or limits on the number of transfers. For bulk payments, Validus offers a simple solution where businesses can make payments to up to 20 recipients at once by uploading a csv file with a list of recipients, and Validus will help facilitate your online money transfers.

Benefits of using Validus for online money transfers

Instant transfer

Say goodbye to paying fees for money transfers, or being limited by caps on the number of free transfers. Instantly transfer money online for free via FAST and PayNow*, and conveniently save and send receipts digitally to your recipients.

(*coming soon)

Bulk transfer payments

Make payments to multiple recipients (up to 20) at one go with a single click. Simply upload a csv file containing a list of recipients that you frequently make payments to, and we’ll do the rest to help you facilitate your online money transfers.

Free payroll processing

Go digital and cheque-free when paying employees’ salaries. We’ll help you process your payroll for free so that your business can enjoy huge savings on payroll processing fees.

Cashback rewards on FAST payments

Unlike most business bank accounts, your online money transfer via FAST is always free with a Validus Business Account. Start making FAST payments with your account and get up to $100 cashback monthly.

Unlock upsized time & cost savings now

Start managing your business finances efficiently. Sign up now and get your account approved in 5 mins.

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Frequently Asked Questions About
Online Money Transfer

What is local money transfer?

Local money transfer is the process of transferring funds from one bank account to another within the same country. With Validus, businesses can transfer money online using their business account, which provides unlimited free local transfers. This means that businesses can make payments to suppliers, customers, and employees without incurring any transfer fees or limits on the number of free FAST transfers, unlike SME business accounts provided by traditional banks. Validus’ local money transfer service is fast, convenient, and secure, and allows businesses to manage their finances more efficiently. Additionally, Validus also offers instant money transfers via FAST and PayNow* (*coming soon), further streamlining the local money transfer process for businesses.

Can I transfer money between banks?

Yes, Validus allows businesses to transfer money between banks. With a Validus business account, businesses can make online transfers to other bank accounts in Singapore, regardless of the bank that the recipient uses. Validus provides unlimited free local transfers, making it easy and affordable for businesses to transfer money between banks. Online money transfers via Validus business account is a flexible and convenient way for businesses to manage their finances and make payments to suppliers, customers, and employees.

How long does local money transfer take?

Local money transfer via the FAST funds transfer service is instant, with the recipient typically receiving the funds within seconds. This means that businesses can transfer money online to other bank accounts in Singapore and have the funds available to the recipient almost instantly. Validus’ local money transfer service via FAST is designed to be fast, convenient, and secure, allowing businesses to manage their finances more efficiently. With this service, businesses can make unlimited free local transfers, and enjoy the peace of mind of knowing that their money is being transferred safely and quickly.

Which payment methods can I use to send money online?

Validus offers the FAST funds transfer service as a payment method for businesses to send money online. This service allows businesses to transfer funds to a local SGD bank account quickly and conveniently. With Validus’ FAST funds transfer service, businesses can manage their finances more efficiently, ensuring that their payments are made quickly and securely.