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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

Remitly

Fast, affordable remittances for immigrants worldwide

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

    View provider

    WorldRemit

    Send money to 130+ countries — fast, low-fee international transfers

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

      View provider

      CurrencyTransfer

      Better rates are only the beginning — personal & business FX

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

        View provider

        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

        8 providers to compare, including the three featured above.

        • #4

          Globe Digital Bank

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

          View provider
        • #5

          Currencies Direct

          Award-winning FX specialist since 1996

          View provider
        • #6

          Western Union

          Send money worldwide — fast, reliable, trusted

          View provider
        • #7

          Instarem

          Smart money transfers with real rewards

          View provider
        • #8

          Skrill

          Digital wallet for online payments, money transfers and crypto.

          View provider

        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.