How to send money to Singapore
Discover how to transfer money to Singapore at the most competitive cost in four easy steps
1. Check if the Singapore dollar mid-market rate is interesting
Even though the currency market is uncertain, it can help you save money to monitor it so that you can maximize how many the receiver of the transfer will get. Frequently check the evolution of the Singapore dollar mid-market and send the money when the exchange rate reaches your target level.
2. Go with the best deal by comparing all the available options.
We list many services able to send money to Singapore, such as TransferWise, Western Union, MoneyGram, Currencies Direct, CurrencyFair. Using the most competitive service from the more than 29 available options is a sure way to save money.
3. Pick the best service for your specific needs
Do you need to send money to Singapore at the lowest total cost, as quickly as possible or with the provider with the best ratings?
In addition, you may want to pay attention to the pay-in and pay-out options. You can find providers offering to you the option to send the money from your bank account, other providers will also accept credit and debit cards. On the recipient's side in Singapore, look at different options if you need the money to be deposited on a local bank account or available for pick-up in cash at an agent location.
4. Sign up and start your transaction with the money transfer provider of your choice
It is now time to complete the sign-up form on the money transfer provider's online portal - be aware you will often need to upload an offical ID and/or a proof of adress - and set upyour transaction.