💸 Money Transfer

International transfers at the real exchange rate, with the fee shown before you send — a reliable option for moving money between Singapore and abroad. About Wise: Wise (formerly TransferWise) is an international money transfer service known for using the real mid-market exchange rate rather than adding a hidden markup, showing the exact fee upfront before you commit to a transfer. Key Features: Real Exchange Rate: Uses the actual mid-market rate, not an inflated rate with a hidden margin. Upfront Fee Display: See exactly what you'll pay and what the recipient will get before sending. Multi-Currency Support: Send and hold money in multiple currencies through one account. Fast Transfers: Many transfers complete within a day or two, sometimes faster. How to Get Started: Create a Wise account online or through the app. Verify your identity as required for international transfers. Enter the transfer amount and destination to see the exact fee and exchange rate. Send the transfer and track its progress until the recipient receives funds. Important Notice: While Wise is reliable for many corridors, always double-check current transfer times and any limits specific to sending money to or from Singapore, as these can change.

Transfers designed with migrant workers in mind, offering bank deposit options for recipients receiving money from Singapore. About Remitly: Remitly is an international money transfer service built specifically with migrant workers and their families in mind, offering fast bank deposit delivery options for recipients receiving transfers sent from Singapore. Key Features: Bank Deposit Option: Direct deposit into a recipient's bank account in supported destination countries. Speed Options: Choose between faster transfers at a higher fee or slower economy transfers. Mobile-First Design: The app is built primarily for sending money from a phone, convenient for regular remittances. Transparent Pricing: Fees and exchange rates are shown clearly before you commit to a transfer. How to Get Started: Download the Remitly app or visit their website. Create an account and verify your identity. Choose the transfer speed and enter the recipient's bank account details. Complete the transfer and track its progress. Important Notice: Fees and exchange rates vary based on the speed option chosen, current promotions and destination country — compare the total cost against Wise and Western Union before committing to one for regular use.

The widest cash-pickup network in the world — useful for sending money from Singapore to recipients without a bank account elsewhere. About Western Union: Western Union is one of the longest-established international money transfer services, known especially for its extensive cash pickup network, letting recipients collect funds abroad without needing a bank account. Key Features: Extensive Pickup Network: One of the widest networks of physical pickup locations globally. No Bank Account Needed for Recipients: Recipients can collect cash directly, useful where banking access is limited in the destination country. Online and In-Person Sending: Send transfers from Singapore either through the app/website or at a physical Western Union location. Established Trust: A long operating history gives it wide recognition and trust across generations of users. How to Get Started: Send a transfer either online through the Western Union app/website or at a physical location in Singapore. Provide the recipient's exact name as it appears on their ID. Complete the transfer and note the reference number (MTCN). Share the MTCN with the recipient so they can collect the funds at an agent location. Important Notice: Fees for cash pickup transfers can be higher than some digital-only alternatives — compare costs if the recipient does have a bank account and a digital option would work instead.

Send money abroad from Singapore at competitive exchange rates through Instarem, a Singapore-founded fintech now used by over a million customers worldwide. About Instarem: Instarem is a Singapore-founded international money transfer service, launched in 2014 by Prajit Nanu and Michael Bermingham after Nanu ran into a slow, expensive process trying to transfer money for a friend's bachelor party. It grew into Nium, a Singapore-headquartered fintech that today mainly serves banks and businesses with cross-border payments infrastructure, while the original Instarem consumer app continues to operate as its own product, used by more than a million customers to send money to over 60 countries. Key Features: Transparent Upfront Fees: See the exact fee and exchange rate before sending, with no hidden FX spread added later. Wide Country Coverage: Send money to bank accounts in more than 60 countries from multiple funding currencies. Multiple Funding Methods: Fund a transfer by bank transfer, ACH/direct debit, credit card, debit card or FPX, depending on your country. Rewards Program: Earn InstaPoints on transfers, referrals and sign-ups, redeemable for transfer discounts or air miles. How to Get Started: Download the Instarem app and sign up with your email or a Google account. Verify your identity as required for your sending country. Enter the transfer amount, destination country and recipient's bank details. Confirm and send — funds are deposited directly into the recipient's local bank account in their own currency. Important Notice: Instarem deposits funds directly to a recipient's bank account only — there is currently no cash-pickup option, so make sure your recipient has a bank account in the destination country before sending.