Choosing between SWIFT and Remittance

Tips on comparing the various methods of sending money between countries. This is a case study of transferring money between Singapore and Indonesia.

When you are a migrant worker, you probably need to move some money back to your home country. There are relatively recent offerings of cheaper money-transfer services, typically advertised as remittance – both from banks or specialist companies. Some even promises free of transaction charges. Then you might wonder, with so many options how can you choose the best one? What are the difference between these services and regular telegraphic transfers?

How to Import Data from Singaporean Banks

Many banks does doesn’t generate transaction history files that are meant to be used by personal finance applications. They don’t follow the CSV standard closely. Here’s some scripts to help you convert your banks’ output to a standard CSV file ready to use by your personal finance application

When you have the slightest care about your money but you can’t hire an accountant just yet, you’ll likely use a personal finance software to keep your budget in check. If you’re lucky enough that your software can communicate directly with your bank then half of your monthly reconciling work is done already. However the rest of us aren’t that lucky – including myself. If you find yourself juggling CSV files whenever you need to update your financial records, I might have a solution for you.