Terms and Conditions

  • All references to Prime Exchange or PEC are meant to refer only to Prime Exchange Co. Pte Ltd. and no other organization.
  • This site is intended for general information use only. Nothing on this site should be construed as financial advice of any kind.
  • Illegal money transfer is a punishable criminal offence in Singapore. You are required to comply with all applicable laws and regulations in force in Singapore while remitting money from Singapore.
  • As per the Money-Changing and Remittance Businesses Act (Chapter 187), PEC holds the right to obtain information of your source of income, purpose of remittance and any other document and/or information as PEC may deem necessary.
  • You will be solely responsible for misuse of remittance money by laws in other countries and PEC shall not be held responsible in any manner whatsoever.
  • PEC holds the right to share and/or handover all your remittance records and other documents to the Courts in Singapore, the Monetary Authority of Singapore (MAS) or any other authorities in Singapore without informing you of the same.
  • Prime Exchange Co. Pte. Ltd. holds the right to cancel the registration of the remitter without notice and explanation.
  • Due to the volatile nature of current market, the exchange rate mentioned in the Digital Board, the website of PEC or the PABX pre-recorded system may be changed during the transaction time. PEC holds the right to change the rate of transaction at any time without any notice.
  • PEC and all contributing authors expressly disclaim all liability with respect to the use of this website.
  • Any conflicts or disputes arising from use of this website will be governed by the laws of the Republic of Singapore.
  • All information contained in this website is copyrighted to PEC and any reproduction in whole or part must abide by the Copyright Act of the Republic of Singapore.