OFX Singapore Pte. Limited (UEN: 201317103N) (trading as OFX) has a Payment Services Operator Licence issued by the Monetary Authority of Singapore ("MAS") to operate as a Major Payment Institution to conduct Cross-border money Transfer Services (licence no. PS20200277).
Payment services are regulated in Singapore by MAS. You should not deal with a Payment Services Operator that cannot demonstrate they are fully regulated. You can visit the MAS website to learn more about the regulatory environment in Singapore and what it means for your protection and consumer rights.
NOTICE TO CUSTOMERS*: (pursuant to s30 of the MCRBA): OFX is licensed under the Money-changing and Remittance Businesses Act (Cap. 187) to carry on remittance business. Please note that such licensing does NOT guarantee the performance of the remittance licensee and customers take the risk of any loss suffered from the remittance.