TranSwap

Creating limitless possibilities with HRMS

What is TranSwap?

TranSwap is a cross-border payment platform for businesses and everyday people who seek to make payments overseas while reducing FX costs and complexity. We empower global business growth by simplifying global payments and collections. Through our proprietary online transaction portal and a wide network of FX Partners, our users can expect to fulfil global transactions easily and at the lowest cost possible.

TranSwap is fully regulated and licensed in Singapore, Hong Kong and Indonesia. We facilitate FX payments in more than 180 countries.

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Revolutionary Clean & Minimalistic Design

Manage the chaos of Payroll & HR within one integrated platform. Thoughtfully designed to meet your every need.

Easily accessible Payroll & HR Data

Our mobile app allows you and your employees the access to update and interact with HR related matters on the go.

Easily accessible Payroll & HR Data

Our mobile app allows you and your employees the access to update and interact with HR related matters on the go.

Easily accessible Payroll & HR Data

Our mobile app allows you and your employees the access to update and interact with HR related matters on the go.

Here are the steps on how to register and set up InvoiceNow in Xero through the integration partner, Storecove.

Problems that businesses face with global finance

Frustrated with high forex costs with their current banking partners
Upset with difficulty of use and not feeling prioritised with their relationship managers
Concerned with the safety & security of the providers handling their funds

TranSwap Solutions

Payments
Payments
Make payments to more than 180 countries worldwide quickly and effortlessly.
Collections
Collections
Get your suppliers and staff abroad to join TranSwap for easier and quicker payment collection.
Conversions
Conversions
Convert to any currencies you want anytime and save more with our highly competitive exchange rates.
Global account
Global account
Hold and manage up to 34 currencies in one global virtual account.

Benefits of Using TranSwap

Peace of Mind

Our team of experts will ensure your funds and data are safe and secure. We prescribe to the highest international standards.

Business Ready

Automate your international payments with our proprietary API and easily review your account whenever, wherever. Just connect us with your developer or talk to us!

International Network

Get a global network of banks and partners across 180+ countries in one platform. You can pay or collect from anyone, anywhere.

100% Transparent

No more worrying about surprise charges or hidden fees. Have full access to transaction data and track every step.

What can TranSwap offer?

Low-cost transfers
Low-cost transfers
Fast transfers with end-to-end tracking
Fast transfers with end-to-end tracking
Seamless onboarding
Seamless onboarding
Full support with a dedicated sales team
Full support with a dedicated sales team
Transparent breakdown of rates & fees
Transparent breakdown of rates & fees
Segregated client account for your funds
Segregated client account for your funds

There’s a reason why Payboy has more than 500 satisfied clients & 20,000 users!

Over 2 million subscribers use Xero!

Enjoy FREE K-Reporting (Worth US$199/month) when you subscribe Xero through us!

K-Reporting is an automated financial reporting tool that provides you with customizable reports and visualization.

Why choose Team 361 as your Xero vendor?

Rated as one of The 10 Finest Local Xero Advisors by Singapore Finest!
Listed by BestinSingapore as one of the top local providers for the Best Accounting Software in Singapore!
First PSG Pre-Approved Vendor for Xero

Xero PSG Application and Claim process guides

Here are the steps on how to register and set up InvoiceNow in Xero through the integration partner, Storecove.

Training is provided to ensure that you fully utilize the powerful capabilities of Xero

Learn what we cover in our training sessions here

TranSwap: Frequently Asked Questions (FAQ)

Our fees are transparently displayed during the booking process and include the cost of payments and wire transfers. You will be able to view the total cost charged by TranSwap before confirming the booking.

However, in certain cases, your bank or your recipient’s bank may charge an additional fee to send and/or receive money. These charges will be borne by you or your recipient. You may also need to bear additional charges if the beneficiary needs to receive a NETT amount.

TranSwap is regulated and licensed as a:

  • Major Payment Institution (License Number PS20200415) by the Monetary Authority of Singapore (MAS);
  • Money Service Operator (License Number 16-07-01882) with the Hong Kong Customs and Excise Department (HKCED); and
  • Fund Transfer Operator (License Number 21/248/Sr/3) by Bank Indonesia (BI).

Our clients’ funds are permanently held within our segregated accounts in leading global banks. This means our client funds do not form any part of TranSwap’s assets.

TranSwap’s wide network of banks and partners allows you to make payments to more than 180 regions. Here are some of the more popular destinations:

  1. Australia
  2. China
  3. Europe
  4. Hong Kong
  5. Indonesia
  6. Japan
  7. Malaysia
  8. Philippines
  9. South Korea
  10. Singapore
  11. Thailand
  12. United Kingdom
  13. United States
  14. Vietnam
  15. Taiwan
  16. New Zealand
  17. Switzerland
  18. Sweden
  19. Poland
  20. Canada

Team 361 is an official authorised partner of Payboy. Being a leading cloud integrator, we are proud to represent multiple software solutions. We provide unbiased recommendations and will only propose the most appropriate and value-for-money solutions for you, including the information on relevant grant support available.

Interested to arrange a demo?