Frequently Asked Questions

• What's the cheapest way to send money from Singapore to Thailand?

  The cheapest way to send money from Singapore to Thailand is through an online provider. Among the 13 available, Western Union was most often the cheapest provider (in 81.8% of the searches on Monito.com in the past 3 months).

• What are the best providers to send money from Singapore to Thailand?

  Here are the providers that were the most often the cheapest in the comparisons of the past 30 days on Monito.com:

  • Western Union (cheapest in 81.8% of the searches)
  • Instarem (cheapest in 16.0% of the searches)
  • Revolut (cheapest in 2.2% of the searches)
• How much does it cost to send money from Singapore to Thailand?

  If you send money with the cheapest available provider, the total cost of a SGD-THB transfer was -0.1% of the transfer amount (including all fees and exchange rates) over the past month.

  In contrast, the cost of the most expensive option was 9.6%.

• What is the cost of making an international transfer from Singapore to Thailand using my bank?

  The average total cost (including hidden exchange rate markup) of making a SGD-THB transfer with banks compared by Monito.com during the past months was 7.3% of the transfer amount. This is -112.6x more expensive than sending money with the cheapest online provider alternative.

  For a 100 SGD transfer, this represents a saving potential of around 7.4 SGD.

• Is Western Union a good option for sending money from Singapore to Thailand?

  Western Union is a popular provider, with the biggest agent location network. The average cost of online money transfers from Singapore to Thailand with Western Union* is 0.0% of the amount you send, whereas the cheapest online services have an average cost of -0.1%.
  
  Western Union is the provider that is most often the cheapest for money transfers to a cash pick-up location in Thailand.
  
  *Sending money from physical agent locations with Western Union is usually much more expensive than using their online service.

• What's the cheapest provider to send money from Singapore to a cash pick-up location in Thailand?

  Over the past 3 months, the provider that was most often the cheapest for cash pick-up transfers in Thailand was Western Union, with an average cost of 1.9% of the amount you send (includes fees + exchange rate margin).
  
  The average total cost to send to a bank account rather than to a pick-up location during the same period was -0.1%. Western Union was the provider most often the cheapest for transfers to bank accounts in Thailand.

• What is the fastest option to send money from Singapore to Thailand

  The provider that was most often the fastest provider in comparisons of the past 30 days was Western Union (average fastest transfer time: In minutes)