Would you like to know how to transfer money to Singapore? We’re here to explain the payment process, ensuring that you have all the information that you need to make a money transfer in a secure, convenient manner. As you’ll see, getting started with a Moneycorp account is quick and straightforward. Once you’ve finished setting it up, you’ll be able to send your money to Singapore; we’ll convert your pounds to Singapore dollars at a competitive rate and help you save money with our low international fees. We also have the answers to any questions that you might have about how to send money to Singapore.
Sign up
You can sign up online or over the phone for either a personal or business account with Moneycorp.
Save time and money when you send money to Singapore
2 minute readIt only takes a few minutes to sign up for a Moneycorp account. Once you have done this, you can add funds to your account via debit card or bank transfer. You’ll then be able to exchange your pounds to Singapore dollars and make international payments without any hassle. With Moneycorp, you can exchange 33 currencies online (and 120+ over the phone).
You also have the option of setting up a Regular Payment Plan. This allows you to set up an international direct debit to Singapore on a weekly or monthly basis.
Can I transfer money to Singapore online?
It couldn’t be easier to make a money transfer to Singapore from our online platform. Start by navigating to the ‘Send a Payment’ page, and then either add a new recipient or select an existing one. Once you’ve specified how much money you’d like to exchange, we’ll process your online money transfer, and your money will be safely on its way to your recipient.
Your online account grants you 24/7 access to your funds. You’ll have the option of setting up exchange rate alerts for the GBP to SGD exchange rate; we’ll notify you via email and/or SMS if the rate has moved to your desired level. Should you need any help, our experienced team of currency specialists will be on hand to offer any assistance that you may require, and they’ll be happy to help you make international payments over the phone.
Send money to Singapore with Moneycorp
Our global payment solutions will meet all your needs, whether you’re looking to make regular payments to Singapore, considering investing in Singaporean real estate or seeking to emigrate. You can make international transfers online or over the phone when you partner with Moneycorp, and our dedicated team of foreign exchange experts will be on hand to ensure that you save money with our competitive rates. We are proud to offer fee-free online international transfers; the only fees that we charge are for our Regular Payment Plan, which enables you to set up an automated payment schedule, and for payments made via telephone. Using Moneycorp’s services is one of the safest, fastest and all-round best ways to transfer money to Singapore.
Common questions about sending money to Singapore
How long will a payment to Singapore take?
Most payments that you make to Singapore via Moneycorp arrive within 1-2 working days, and you can track your payments and view your full transaction history with our online dashboard. Regardless of how much money you wish to send, we’ll ensure that your payment arrives on time; large money transfers do not take longer to arrive than smaller transfers.
How much does it cost to send money to Singapore?
We offer fee-free online international transfers to Singapore, which means that you’ll benefit from our competitive exchange rates and gain access to a wide range of FX tools without having to worry about any additional costs. You will only be required to pay online fees if you decide to use a Regular Payment Plan to automate your recurring payments.
Over-the-phone transfers to Singapore cost a flat rate of £15, which makes Moneycorp an economical option for large money transfers.
What information do I need for a bank transfer to Singapore?
You will need to provide the following details to make a payment to Singapore:
- The account holder’s full name and address
- The recipient’s bank name
- The recipient’s bank account number
- The recipient’s BIC/SWIFT code
For more information about the banking codes that are used by financial institutions, read our guide on BIC/SWIFT codes.
How much money can I transfer to Singapore?
There is an upper limit of £100,000 on personal transfers that can be made through our online platform to Singapore. Transfers made over the phone, on the other hand, have no upper limit, and so you will need to contact your Moneycorp account manager by telephone if you wish to make larger payments from the UK to Singapore.
Can I send money to all banks in Singapore through my Moneycorp account?
We can help you make payments to most of the major banks in Singapore, including but not limited to:
- Developmental Bank of Singapore (DBS Bank)
- Standard Chartered Singapore
- Citibank Singapore
- HSBC Singapore
- Post Office Savings Bank (POSB)
- United Overseas Bank (UOB)
- OCBC Bank
If the bank that you need is not included in this list, it is not necessarily the case that we’d be unable to facilitate your payment. Speak with our team of specialists to find out more.
What is the current GBP to SGD exchange rate?
At the beginning of 2023, the British Pound to Singapore dollar exchange rate was 1.62. As with all exchange rates, however, this rate is subject to constant change. Use our Currency Zone to stay up to date with the British Pound to Singapore dollar exchange rate.
Is it safe to send money online to Singapore?
As an Authorised Payment Institution, Moneycorp is regulated by the FCA for the provision of payment services. It’s safe, therefore, to make online money transfers to Singapore with us; we’ll keep a close eye on your account to flag suspicious transactions and ensure that your payment details are safe and secure.