InstaReM and IITAAS set up fund for Indian migrant workers in Singapore
Eligible workers will receive a one-time $20 voucher code to include in their remittance transfer.
Nium’s global remittance transfer platform InstaReM and the Indian Institute of Technology Alumni Association Singapore (IITAAS) have jointly established a $20,000 fund for Indian migrant workers in Singapore. The fund is expected to support the losses they are facing during the current COVID-19 pandemic.
Under this arrangement, workers will receive a one-time disbursement of $20, which will be included in their remittance transfers via InstaReM. Workers need to submit a valid work permit before being able to receive the funds, a joint press release confirmed.