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Singapore Digital Bank · Money Transfers · Singapore

Best Money Transfers in Singapore

Compare money transfers providers available to Singapore, Singapore residents — with clear fees, features, and eligibility in one place.

Eligibility, pricing, and availability vary by provider, residency, and regulation in Singapore. Confirm the terms directly with each provider before opening an account.

Featured Money Transfers Providers

Updated October 2026

Up to three eligible picks for Singapore, ranked from our verified partner directory for Singapore. Availability in Singapore and eligibility criteria are set by each provider.

Top Pick

Wise

4.7

Top Money Transfers Provider

Wise offers reliable money transfers services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Singapore and eligibility criteria are determined by the provider. Check terms before applying.

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Remitly

4.7

Remitly offers reliable money transfers services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Singapore and eligibility criteria are determined by the provider. Check terms before applying.

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WorldRemit

4.7

WorldRemit offers reliable money transfers services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Singapore and eligibility criteria are determined by the provider. Check terms before applying.

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How we pick: providers shown here come from our verified affiliate directory filtered by availability in Asia and Singapore, competitive fees, multi-currency support, and user ratings. Rankings may include affiliate partners — see the disclosure below.

Local guide

Money Transfers in Singapore: what to know

Money transfer services let people in Singapore send money abroad or receive it in SGD (Singapore dollar). The real cost is the fee plus the gap between the provider's exchange rate and the mid-market rate, so compare both.

Currency in Singapore
SGD · Singapore dollar
Local accounts in Singapore
Singapore does not use IBAN domestically: payments are made with the bank's code plus the bank-specific account number (typically 9 to 17 digits depending on the bank), and only international SWIFT wires go outside that scheme.
Payments in Singapore
FAST (Fast And Secure Transfers) provides 24/7 near-instant interbank transfers, with PayNow letting customers send SGD using just a mobile number, NRIC/FIN or company UEN, while GIRO handles recurring debits and credits and MASNET/TARGET-linked systems settle high-value payments.

Before you sign up in Singapore

FAST (Fast And Secure Transfers) provides 24/7 near-instant interbank transfers, with PayNow letting customers send SGD using just a mobile number, NRIC/FIN or company UEN, while GIRO handles recurring debits and credits and MASNET/TARGET-linked systems settle high-value payments.

Sources: Monetary Authority of Singapore · MAS: Financial Institutions Directory · ABS: FAST and PayNow

All Money Transfers Providers in Singapore

15 providers to compare, including the three featured above.

  • #4

    Instarem

    4.7

    Instarem offers instant international money transfers with competitive exchange rates, no hidden fees, and InstaPoints rewards on every transfer.

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  • #5

    Zelle

    4.7

    Zelle offers reliable money transfers services with competitive rates and global coverage.

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  • #6

    Venmo

    4.7

    Venmo offers reliable money transfers services with competitive rates and global coverage.

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  • #7

    TransferGo

    4.7

    TransferGo offers reliable money transfers services with competitive rates and global coverage.

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  • #8

    OFX

    4.7

    OFX offers reliable money transfers services with competitive rates and global coverage.

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  • #9

    CurrencyFair

    4.7

    CurrencyFair offers reliable money transfers services with competitive rates and global coverage.

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  • #10

    Paysend

    4.7

    Paysend offers reliable money transfers services with competitive rates and global coverage.

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  • #11

    CurrencyTransfer

    Better rates are only the beginning — personal & business FX

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  • #12

    Globe Digital Bank

    WorldFirst-powered multi-currency accounts and transfers across 2,500+ cities and 200+ countries.

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  • #13

    Currencies Direct

    Award-winning FX specialist since 1996

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  • #14

    Western Union

    Send money worldwide — fast, reliable, trusted

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  • #15

    Skrill

    Digital wallet for online payments, money transfers and crypto.

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More Financial Services in Singapore

Explore other banking categories available in Singapore

Money Transfers in Other Cities

Compare money transfers providers across Asia

Frequently Asked Questions

Common questions about money transfers in Singapore

Ready to Choose Your Money Provider?

Compare the featured money transfers providers for Singapore and open your account online.

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Disclosure: Digital Bank Networks is not a bank. We are an independent comparison platform. Some of the providers on this page are our affiliate partners, and we may receive compensation when you open an account through our links. This does not affect our ratings or rankings, which are based on independent analysis. All information is provided for educational purposes only. Please review each provider's terms and conditions before opening an account.