Blogs

Going Global: Five lessons to ensure a smooth transaction online

Online global transactions can be easily done albeit with a cautious approach

As exchanging money over the internet has become an everyday occurrence, there are still some downsides to cyberspace that we need to be aware of when it comes to transferring a large sum of money abroad online...

What is your cash flow statement telling you?

A cash flow statement is one of the most useful markers of a business's status. It measures how well a company manages its cash position, which defines its ability to pay debts, fund existing operations and so on.

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Budget 2021: TranSwap’s effort in supporting the Singapore government’s initiatives

The trajectory of the pandemic will determine the immediate trajectory of global economic recovery. As a small, open economy, Singapore’s economic recovery is contingent on how the global situation plays out. As such, the implementation of Budget 2021 deploys the nation’s fiscal resources to collectively build a better future. TranSwap will play an active role in aiding the Government’s initiatives.

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US Dollar: How it became the global currency

The US Dollar, also known as the greenback is the world’s most traded currency. Due to its global acceptance, general stability and wide usage, it’s safe to say that the United States has dominated the global market. But how did it happen? How did the US dollar become the global currency and subsequently, the world’s leading superpower?

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Singapore's 2021 economic forecasts: The good, the bad and everything in between

Many economists have predicted Singapore 2021 economic forecast to have a positive growth despite the impacts of COVID-19. Despite the overall growth, some sectors are not spared from the virus’ destruction.

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Should you refinance your mortgage? (Part 1)

With interest rates being at the lowest due to Covid-19, many are left wondering should they refinance their mortgage during these critical times. But what does refinancing your mortgage mean and what benefits you gain from it?

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What is money laundering?

Money laundering is a grave offence in Singapore, but what is money laundering and how do we combat it? Read more to find out...

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Chinese ancient currency: A time filled with sycee

The value of the Chinese currency spans over thousands of years, holding some of the world’s most valuable history. Before the all-familiar Yuan, silver sycees were a major form of currency in Chinese history.

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5 Tips to manage a global workforce this 2021

A global workforce provides many opportunities for an organisation such as reaching new customers and providing resources to interact with the audience in those markets. However, there are significant barriers and challenges companies have to overcome to establish an effective and productive international workforce…

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2020 Year in Review: All-new TranSwap

2020 has been a meaningful year for us at TranSwap. Despite the many hurdles thrown our way, we managed to break through barriers and achieve our goals. Here’s a glimpse of our achievements in the year 2020 and our goals for 2021

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Mistakes to avoid while transferring money overseas this Christmas

If you are looking forward to transferring money as a Christmas gift to your family who lives overseas during this holiday season, there are some pointers for you to look out for. If you fail to do so, you might risk missing the Christmas deadline or having to pay expensive exchange rates...

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Save more money with these cashback apps this Holiday

There is nothing wrong with spending a little extra during the holiday season. But if there is a way for you to save, then why not? Here are 5 cashback apps that can help you enjoy your Christmas shopping while keeping your bank account healthy...

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A whole new look for TranSwap

Introducing TranSwap’s brand new look with a user-friendly website and improved features. Read more to find out... Read more to find out... Read more to find out...

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The history of Foreign Exchange: Part 2

After the Plaza Accord, we will now move towards the formation of the European Union and the current forex exchange that we are familiar with. Open to read more...

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The history of Foreign Exchange: Part 1

Foreign exchange is one of the biggest and most accessible markets in the world. Read more to find out the history behind foreign exchange and how it has shaped the market...

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5 Ways to Save Cost

Without proper savings, trying to stay afloat amidst a pandemic sounds almost impossible. Here are ways to save costs and to recession-proof your finances. Open to read more...

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The impact of currency fluctuations on businesses

Currency fluctuations can severely impact your business. Regardless of your trade, it’s important to understand the effects of a fluctuating currency. Open to find out more...

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