SINGAPORE - A growing new breed of financial services middlemen that are operating online may find themselves out of business or running afoul of the law when new rules kick in next year.
Calling themselves "bank transfer helpers", they advertise on online sites such as Carousell to help customers send money overseas for a price. A search on Carousell shows at least eight listings of such services in the past month.
TO READ THE FULL ARTICLE
Thank you for reading The Straits Times
You have reached one of our Premium stories. To continue reading, get access now or log in if you are a subscriber.
What is Premium?