How to send money to Singapore
Find out how to transfer money to Singapore with the best SGD exchange rate in a few easy steps
1. See if the SGD exchange rate is at your advantage
Even though the currency market is unforseeable, it is a good idea to monitor it to maximize how much you will receive against your sending currency. We advise our users to set-up our smart alerts to stay on top of the evolution of the mid-market.
2. Go with the most interesting option by comparing all money transfer providers.
We compare quite a few services able to send money to Singapore, such as TransferWise, Western Union, MoneyGram, Currencies Direct, CurrencyFair. Using the right provider from the list is a sure way to save money.
3. Select the best option based on your criteria
Do you want to send money to Singapore with the best exchange rate and lowest fees, with the fastest option or with the provider with the best ratings?
In addition, you may want to have a look at the options to pay for the transfer and receive the money. Bank transfer or credit/debit cards are the most common pay-in options to send money to Singapore online. On the other side of the transfer, look at different options if you need the amount in SGD to be sent directly to the recipient's bank account or available for pick-up in cash at an agent location.
4. Sign up and get started wih your money transfer with the company of your choice
The last step is to sign up on the provider's website (you most of the time have to provide some information to confirm your identity), and configure your transaction.