How to send money to Singapore from Australia with the best AUD-SGD rate

Of the 13 companies we analysed, Instarem is the cheapest app overall for sending A$2,000 to Singapore.

On a 2,000 AUD transfer it will get your recipient 1,803.2 SGD.

Best companies for AUD/SGD transfers

13 of 13 providers

Last updated on 28 October 2026

Based on 2,000 AUD transfer

Best companies for AUD/SGD transfers

Sort Cheapest
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Wise

Pay via Bank Transfer
Fees: $8.03 1 AUD = 0.9016 SGD -0.01% vs mid-market Recipient gets $1,795.98 Within minutes
Receive to bank accountDedicated support for large transfers

Ways to receive money in Singapore with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$8.031 AUD = 0.9016 SGD
$1,795.98You pay$2,000.00
Ad

Xe

Pay via Debit Card
Fees: $0.00 1 AUD = 0.8892 SGD +1.38% vs mid-market Recipient gets $1,778.34 6-12 Hours
Receive to bank accountDedicated support for larger transactions

Ways to receive money in Singapore with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 0.8892 SGD
$1,778.34You pay$2,000.00

Run a live search

Showing top Australia to Singapore deals for 2,000 AUD. Do a live search with your exact amount for today's best rates.

Instarem

Pay via PayID
Fees: $0.00 1 AUD = 0.9016 SGD -0.01% vs mid-market Recipient gets $1,803.20 6-12 Hours
Cheapest
Receive to bank account

Ways to receive money in Singapore with Instarem when paying by payid.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 0.9016 SGD
$1,803.20You pay$2,000.00

Instarem

Pay via Bank Transfer
Fees: $0.00 1 AUD = 0.9016 SGD -0.01% vs mid-market Recipient gets $1,803.20 6-12 Hours
Receive to bank account

Ways to receive money in Singapore with Instarem when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 0.9016 SGD
$1,803.20You pay$2,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank Transfer
Fees: $3.00 1 AUD = 0.9010 SGD +0.06% vs mid-market Recipient gets $1,799.21 Within minutes
Fastest
Receive to bank account

Ways to receive money in Singapore with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
$3.001 AUD = 0.9010 SGD
$1,799.21You pay$2,000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Wise

Pay via Bank Transfer
Fees: $8.03 1 AUD = 0.9016 SGD -0.01% vs mid-market Recipient gets $1,795.98 Within minutes
Recommended
Receive to bank accountDedicated support for large transfers

Ways to receive money in Singapore with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$8.031 AUD = 0.9016 SGD
$1,795.98You pay$2,000.00

Wise

Pay via Osko
Fees: $8.03 1 AUD = 0.9016 SGD -0.01% vs mid-market Recipient gets $1,795.98 Within minutes
Receive to bank accountDedicated support for large transfers

Ways to receive money in Singapore with Wise when paying by osko.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$8.031 AUD = 0.9016 SGD
$1,795.98You pay$2,000.00

Remitly

Pay via PayTo
Fees: $0.00 1 AUD = 0.8978 SGD +0.41% vs mid-market Recipient gets $1,795.60 Within a week
Receive to bank account or cash pickup

Ways to receive money in Singapore with Remitly when paying by payto.

MethodFee & ratesRecipient gets
Bank depositWithin a week
Free1 AUD = 0.8978 SGD
$1,795.60You pay$2,000.00

Currencies Direct

Pay via Bank Transfer
Fees: $0.00 1 AUD = 0.8960 SGD +0.61% vs mid-market Recipient gets $1,792.00 6-12 Hours
Receive to bank account

Ways to receive money in Singapore with Currencies Direct when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 0.8960 SGD
$1,792.00You pay$2,000.00

OFX

Pay via Bank Transfer
Fees: $0.00 1 AUD = 0.8957 SGD +0.65% vs mid-market Recipient gets $1,791.31 6-12 Hours
Receive to bank account

Ways to receive money in Singapore with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 0.8957 SGD
$1,791.31You pay$2,000.00

Wise

Pay via Debit Card
Fees: $13.56 1 AUD = 0.9016 SGD -0.01% vs mid-market Recipient gets $1,790.99 Within minutes
Receive to bank accountDedicated support for large transfers

Ways to receive money in Singapore with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$13.561 AUD = 0.9016 SGD
$1,790.99You pay$2,000.00

Western Union

Pay via Debit Card
Fees: $0.00 1 AUD = 0.8938 SGD +0.86% vs mid-market Recipient gets $1,787.51 Next Day
Receive to bank account or cash pickup

Ways to receive money in Singapore with Western Union when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 AUD = 0.8938 SGD
$1,787.51You pay$2,000.00

Western Union

Pay via Bank Transfer
Fees: $0.00 1 AUD = 0.8938 SGD +0.86% vs mid-market Recipient gets $1,787.51 Next Day
Receive to bank account or cash pickup

Ways to receive money in Singapore with Western Union when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 AUD = 0.8938 SGD
$1,787.51You pay$2,000.00

Panda Remit

Pay via Bank Transfer
Fees: $5.99 1 AUD = 0.8955 SGD +0.67% vs mid-market Recipient gets $1,785.64 6-12 Hours
0 reviews

Ways to receive money in Singapore with Panda Remit when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
$5.991 AUD = 0.8955 SGD
$1,785.64You pay$2,000.00

Instarem

Pay via Debit Card
Fees: $24.00 1 AUD = 0.9016 SGD -0.01% vs mid-market Recipient gets $1,781.56 6-12 Hours
Receive to bank account

Ways to receive money in Singapore with Instarem when paying by debit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
$24.001 AUD = 0.9016 SGD
$1,781.56You pay$2,000.00

Instarem

Pay via Credit Card
Fees: $24.00 1 AUD = 0.9016 SGD -0.01% vs mid-market Recipient gets $1,781.56 6-12 Hours
Receive to bank account

Ways to receive money in Singapore with Instarem when paying by credit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
$24.001 AUD = 0.9016 SGD
$1,781.56You pay$2,000.00

OrbitRemit

Pay via Bank Transfer
Fees: $0.00 1 AUD = 0.8906 SGD +1.22% vs mid-market Recipient gets $1,781.18 2 Days

Ways to receive money in Singapore with OrbitRemit when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit2 Days
Free1 AUD = 0.8906 SGD
$1,781.18You pay$2,000.00

Wise

Pay via Credit Card
Fees: $27.10 1 AUD = 0.9016 SGD -0.01% vs mid-market Recipient gets $1,778.78 Within minutes
Receive to bank accountDedicated support for large transfers

Ways to receive money in Singapore with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
$27.101 AUD = 0.9016 SGD
$1,778.78You pay$2,000.00

Xe

Pay via Debit Card
Fees: $0.00 1 AUD = 0.8892 SGD +1.38% vs mid-market Recipient gets $1,778.34 6-12 Hours
Receive to bank accountDedicated support for larger transactions

Ways to receive money in Singapore with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 0.8892 SGD
$1,778.34You pay$2,000.00

Xe

Pay via Bank Transfer
Fees: $0.00 1 AUD = 0.8892 SGD +1.38% vs mid-market Recipient gets $1,778.34 6-12 Hours
Receive to bank accountDedicated support for larger transactions

Ways to receive money in Singapore with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 0.8892 SGD
$1,778.34You pay$2,000.00

Xe

Pay via Credit Card
Fees: $0.00 1 AUD = 0.8892 SGD +1.38% vs mid-market Recipient gets $1,778.34 6-12 Hours
Receive to bank accountDedicated support for larger transactions

Ways to receive money in Singapore with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 Hours
Free1 AUD = 0.8892 SGD
$1,778.34You pay$2,000.00

Moneycorp

Pay via Bank Transfer
Fees: $0.00 1 AUD = 0.8853 SGD +1.80% vs mid-market Recipient gets $1,770.57 Next Day

Ways to receive money in Singapore with Moneycorp when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositNext Day
Free1 AUD = 0.8853 SGD
$1,770.57You pay$2,000.00

Remitly

Pay via Debit Card
Fees: $0.00 1 AUD = 0.8852 SGD +1.83% vs mid-market Recipient gets $1,770.40 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Singapore with Remitly when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
Free1 AUD = 0.8852 SGD
$1,770.40You pay$2,000.00

Remitly

Pay via Credit Card
Fees: $0.00 1 AUD = 0.8852 SGD +1.83% vs mid-market Recipient gets $1,770.40 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Singapore with Remitly when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
Free1 AUD = 0.8852 SGD
$1,770.40You pay$2,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit Card
Fees: $2.99 1 AUD = 0.8835 SGD +2.02% vs mid-market Recipient gets $1,767.00 6-12 Hours

Ways to receive money in Singapore with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:All Banks
$2.991 AUD = 0.8835 SGD
$1,767.00You pay$2,002.99
PayNow6-12 HoursAvailable via:PayNow
$2.991 AUD = 0.8835 SGD
$1,767.00You pay$2,002.99
Cash pickup6-12 Hours
$3.991 AUD = 0.8587 SGD
$1,717.40You pay$2,003.99
$0 fee on first online transfers

MoneyGram

Pay via POLi
Fees: $2.99 1 AUD = 0.8835 SGD +2.02% vs mid-market Recipient gets $1,767.00 6-12 Hours

Ways to receive money in Singapore with MoneyGram when paying by poli.

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:All Banks
$2.991 AUD = 0.8835 SGD
$1,767.00You pay$2,002.99
PayNow6-12 HoursAvailable via:PayNow
$2.991 AUD = 0.8835 SGD
$1,767.00You pay$2,002.99
Cash pickup6-12 Hours
$3.991 AUD = 0.8587 SGD
$1,717.40You pay$2,003.99
$0 fee on first online transfers

MoneyGram

Pay via Credit Card
Fees: $2.99 1 AUD = 0.8835 SGD +2.02% vs mid-market Recipient gets $1,767.00 6-12 Hours

Ways to receive money in Singapore with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Bank deposit6-12 HoursAvailable via:All Banks
$2.991 AUD = 0.8835 SGD
$1,767.00You pay$2,002.99
PayNow6-12 HoursAvailable via:PayNow
$2.991 AUD = 0.8835 SGD
$1,767.00You pay$2,002.99
Cash pickup6-12 Hours
$3.991 AUD = 0.8587 SGD
$1,717.40You pay$2,003.99

NAB

Pay via Bank Transfer
Fees: $0.00 1 AUD = 0.8791 SGD +2.52% vs mid-market Recipient gets $1,758.14 3-5 Days
0 reviews

Ways to receive money in Singapore with NAB when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank deposit3-5 Days
Free1 AUD = 0.8791 SGD
$1,758.14You pay$2,000.00
How Our Results Work
Mid-market rate: 1 AUD = 0.9015 SGD Updates every 60 minutes.

How to send money from Australia to Singapore

Pick a company

Start with the cheapest, which is Instarem at 1,803.2 SGD on A$2,000.

Instarem was the cheapest on 7 of the 15 days it quoted A$2,000 transfers to Singapore.

Funding is quick whoever you pick, so the choice comes down to the rate and how your recipient collects it.

Fund your transfer

You have 7 ways to pay, including bank transfer, debit card, credit card, payid, osko, payto, and poli.

PayID and Osko move money to the company in seconds at no cost, and PayID shows you the account name before you confirm.

Watch your bank's daily limit on anything large.

Verify and send

First time round you'll need a photo ID, usually a licence or a passport.

A passport and visa are enough if you’re new (you don’t need an Australian credit history).

Compare amounts

How much AUD are you sending to Singapore?

How much AUD you send to Singapore heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Instarem was the cheapest in 50% of the transfers up to A$2,000 it quoted, and in 50% of all the transfers it quoted.

Cheapest service
$1,0000.02%$0.00$901.60with payid to bank deposit+$11.66
$1,2000.04%$0.00$1,081.44with bank transfer to bank deposit+$14.23
$1,5000.07%$2.25$1,349.78with bank transfer to bank deposit+$13.01
$2,000This page-0.01%$0.00$1,803.20with payid to bank deposit+$20.25
$3,0000.00%$11.22$2,694.90with bank transfer to bank deposit+$23.20
$7,5000.30%$0.00$6,741.53with bank transfer to bank deposit+$51.20
$12,0000.25%$0.00$10,792.44with bank transfer to bank deposit+$80.59
$15,0000.25%$0.00$13,487.86with bank transfer to bank deposit+$99.16
$50,0000.20%$0.00$44,999.97with bank transfer to bank deposit+$343.18
$100,0000.20%$0.00$89,977.28with bank transfer to bank deposit+$613.27
$250,0000.15%$0.00$225,055.91with bank transfer to bank deposit+$1,627.23
$500,0000.15%$0.00$450,035.43with bank transfer to bank deposit+$1,940.02

Mid-market rate: 1 AUD = 0.9015 SGD

AUD/SGD Exchange Rate History

Is today a good time to send money from Australia to Singapore?

The cheapest way to send AUD to SGD can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Instarem), across 30 days of comparisons for 2,000 AUD transfers to Singapore.

SGD received for $2,000, after fees

Wed, 28 Oct 2026Mid-market rate$1,803.03 Instarem $1,803.20 NAB $1,758.14Instarem$1,803.20Revolut$1,799.21Wise$1,795.98Extra cost of a bank$45.06

1,700
1,720
1,740
1,760
1,780
1,800
1,820
At the mid-market rateWith the cheapest optionWith a bankInstaremRevolutWise
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8931 – $1,786.28
Panda Remit Cheapest 0.9057 $5.99 $1,805.97 +$19.70
Revolut 0.8926 $3.00 $1,782.49 −$3.79
Wise 0.8932 $8.03 $1,779.24 −$7.04
NAB 0.8692 $0.00 $1,738.44 −$47.84
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8903 – $1,780.51
Panda Remit Cheapest 0.9057 $5.99 $1,805.97 +$25.46
Revolut 0.8897 $3.00 $1,776.68 −$3.83
Wise 0.8902 $8.03 $1,773.32 −$7.19
Instarem 0.8901 $24.00 $1,758.84 −$21.67
NAB 0.8683 $0.00 $1,736.65 −$43.86
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8896 – $1,779.26
Panda Remit Cheapest 0.9057 $5.99 $1,805.97 +$26.71
Revolut 0.8890 $3.00 $1,775.33 −$3.93
Wise 0.8896 $8.03 $1,772.06 −$7.20
NAB 0.8683 $0.00 $1,736.65 −$42.61
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8873 – $1,774.59
Panda Remit Cheapest 0.9057 $5.99 $1,805.97 +$31.39
Revolut 0.8867 $3.00 $1,770.67 −$3.92
Wise 0.8873 $8.03 $1,767.40 −$7.19
NAB 0.8649 $0.00 $1,729.73 −$44.86
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8861 – $1,772.17
Panda Remit Cheapest 0.9057 $5.99 $1,805.97 +$33.81
Wise 0.8900 $8.03 $1,772.81 +$0.64
Revolut 0.8882 $23.00 $1,755.95 −$16.22
NAB 0.8596 $0.00 $1,719.16 −$53.01
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8859 – $1,771.89
Panda Remit Cheapest 0.9057 $5.99 $1,805.97 +$34.08
Wise 0.8900 $8.03 $1,772.81 +$0.92
Revolut 0.8882 $23.00 $1,755.95 −$15.94
NAB 0.8596 $0.00 $1,719.16 −$52.73
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8895 – $1,778.95
Panda Remit Cheapest 0.9057 $5.99 $1,805.97 +$27.03
Revolut 0.8889 $3.00 $1,775.17 −$3.78
Wise 0.8896 $8.03 $1,772.01 −$6.94
NAB 0.8669 $0.00 $1,733.84 −$45.11
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8913 – $1,782.60
Panda Remit Cheapest 0.9057 $5.99 $1,805.97 +$23.38
Revolut 0.8906 $3.00 $1,778.56 −$4.04
Wise 0.8913 $8.03 $1,775.42 −$7.18
NAB 0.8685 $0.00 $1,737.04 −$45.56
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8915 – $1,783.09
Panda Remit Cheapest 0.9057 $5.99 $1,805.97 +$22.89
Revolut 0.8909 $3.00 $1,779.07 −$4.02
Wise 0.8915 $8.03 $1,775.86 −$7.23
NAB 0.8685 $0.00 $1,737.04 −$46.05
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8902 – $1,780.45
Panda Remit Cheapest 0.9057 $5.99 $1,805.97 +$25.52
Instarem 0.8903 $0.00 $1,780.60 +$0.15
Revolut 0.8896 $3.00 $1,776.54 −$3.91
Wise 0.8902 $8.03 $1,773.20 −$7.25
NAB 0.8680 $0.00 $1,736.01 −$44.44
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8935 – $1,787.05
Panda Remit Cheapest 0.9057 $5.99 $1,805.97 +$18.92
Instarem 0.8932 $0.00 $1,786.40 −$0.65
Revolut 0.8927 $3.00 $1,782.81 −$4.24
Wise 0.8936 $8.03 $1,779.98 −$7.07
NAB 0.8680 $0.00 $1,736.01 −$51.04
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8912 – $1,782.47
Panda Remit Cheapest 0.9057 $5.99 $1,805.97 +$23.51
Instarem 0.8931 $0.00 $1,786.20 +$3.73
Wise 0.8945 $8.03 $1,781.90 −$0.57
Revolut 0.8927 $23.00 $1,764.92 −$17.55
NAB 0.8665 $0.00 $1,733.00 −$49.47
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8912 – $1,782.47
Panda Remit Cheapest 0.9057 $5.99 $1,805.97 +$23.51
Instarem 0.8931 $0.00 $1,786.20 +$3.73
Wise 0.8945 $8.03 $1,781.90 −$0.57
Revolut 0.8927 $23.00 $1,764.92 −$17.55
NAB 0.8665 $0.00 $1,733.00 −$49.47
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8933 – $1,786.68
Panda Remit Cheapest 0.9057 $5.99 $1,805.97 +$19.30
Instarem 0.8931 $0.00 $1,786.20 −$0.48
Revolut 0.8928 $3.00 $1,782.94 −$3.74
Wise 0.8934 $8.03 $1,779.61 −$7.07
NAB 0.8706 $0.00 $1,741.12 −$45.56
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8918 – $1,783.50
Instarem Cheapest 0.8916 $0.00 $1,783.20 −$0.30
Revolut 0.8911 $3.00 $1,779.62 −$3.88
Wise 0.8916 $8.03 $1,776.12 −$7.38
NAB 0.8691 $0.00 $1,738.15 −$45.35
Exchange rateFees:Recipient getsDifference
Mid-market rate – – –
Instarem Cheapest 0.8977 $0.00 $1,795.40 –
Revolut 0.8971 $3.00 $1,791.49 –
Wise 0.8977 $8.03 $1,788.20 –
NAB 0.8748 $0.00 $1,749.59 –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8897 – $1,779.40
Western Union Cheapest 0.8896 $0.00 $1,779.10 −$0.30
Revolut 0.8891 $3.00 $1,775.54 −$3.86
Wise 0.8897 $8.03 $1,772.19 −$7.21
Instarem 0.8895 $24.00 $1,757.65 −$21.75
NAB 0.8748 $0.00 $1,749.59 −$29.81
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8908 – $1,781.58
Instarem Cheapest 0.8906 $0.00 $1,781.20 −$0.38
Revolut 0.8900 $3.00 $1,777.26 −$4.32
Wise 0.8909 $8.03 $1,774.61 −$6.97
NAB 0.8684 $0.00 $1,736.79 −$44.79
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8929 – $1,785.71
Instarem Cheapest 0.8877 $0.00 $1,775.40 −$10.31
Wise 0.8888 $8.03 $1,770.55 −$15.16
Revolut 0.8868 $23.00 $1,753.19 −$32.52
NAB 0.8608 $0.00 $1,721.64 −$64.07
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8929 – $1,785.71
OFX Cheapest 0.8871 $0.00 $1,774.11 −$11.60
Wise 0.8888 $8.03 $1,770.55 −$15.16
Revolut 0.8868 $23.00 $1,753.19 −$32.52
NAB 0.8608 $0.00 $1,721.64 −$64.07
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8927 – $1,785.35
Remitly Cheapest 0.8900 $0.00 $1,780.00 −$5.35
Wise 0.8928 $8.03 $1,778.50 −$6.85
NAB 0.8694 $0.00 $1,738.79 −$46.56
Instarem No quote collected this day – – – –
Revolut No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8943 – $1,788.70
Instarem Cheapest 0.8940 $0.00 $1,788.00 −$0.70
Wise 0.8942 $8.03 $1,781.20 −$7.50
NAB 0.8694 $0.00 $1,738.79 −$49.91
Revolut No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8972 – $1,794.41
Revolut Cheapest 0.8967 $3.00 $1,790.69 −$3.72
Wise 0.8971 $8.03 $1,787.07 −$7.34
NAB 0.8743 $0.00 $1,748.55 −$45.86
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8956 – $1,791.21
Revolut Cheapest 0.8951 $3.00 $1,787.53 −$3.68
Wise 0.8956 $8.03 $1,783.94 −$7.27
NAB 0.8720 $0.00 $1,744.01 −$47.20
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8976 – $1,795.14
Revolut Cheapest 0.8969 $3.00 $1,791.07 −$4.07
Wise 0.8974 $8.03 $1,787.53 −$7.61
NAB 0.8720 $0.00 $1,744.01 −$51.13
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8908 – $1,781.54
Wise Cheapest 0.8993 $8.03 $1,791.47 +$9.93
Revolut 0.8975 $23.00 $1,774.33 −$7.21
NAB 0.8707 $0.00 $1,741.46 −$40.08
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8908 – $1,781.54
Wise Cheapest 0.8993 $8.03 $1,791.47 +$9.93
Revolut 0.8975 $23.00 $1,774.33 −$7.21
NAB 0.8707 $0.00 $1,741.46 −$40.08
Instarem No quote collected this day – – – –
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8989 – $1,797.73
Revolut Cheapest 0.8981 $3.00 $1,793.47 −$4.26
Wise 0.8989 $8.03 $1,790.50 −$7.23
Instarem 0.8988 $24.00 $1,776.03 −$21.70
NAB 0.8755 $0.00 $1,751.06 −$46.67
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.8987 – $1,797.32
Instarem Cheapest 0.8990 $0.00 $1,798.00 +$0.68
Revolut 0.8982 $3.00 $1,793.66 −$3.66
Wise 0.8988 $8.03 $1,790.38 −$6.94
NAB 0.8756 $0.00 $1,751.24 −$46.08
Exchange rateFees:Recipient getsDifference
Mid-market rate 0.9015 – $1,803.03
Instarem Cheapest 0.9016 $0.00 $1,803.20 +$0.17
Revolut 0.9010 $3.00 $1,799.21 −$3.82
Wise 0.9016 $8.03 $1,795.98 −$7.05
NAB 0.8791 $0.00 $1,758.14 −$44.89

Exchange rateFees:Recipient getsDifference

Each line shows what the recipient gets when you send $2,000, after fees, as quoted by each company. The mid-market line shows what $2,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. The bank line is the cheapest bank available on each day.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more SGD per AUD than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 18 of the last 30 days.

Right now, Instarem pays 1,803.2 SGD on 2,000 AUD, which is 0.17 SGD more than the mid-market amount, so it's a good deal (pretty much free money).

Today's payout isn't the best this month though, since the highest receive amount was 1,805.97 SGD.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

If you need to send money now, it's a good time to send.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Singapore.

We've tracked 332 comparisons to check how often today's top companies were the cheapest across 12 amounts over the past month.

  1. InstaremAppeared in 54 comparisons

    Cheapest in 50% of them

  2. RevolutAppeared in 309 comparisons

    Cheapest in 6% of them

  3. WiseAppeared in 331 comparisons

    Cheapest in 8% of them

  4. NABAppeared in 135 comparisons

    Never the cheapest

Based on 332 comparisons across 12 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Instarem is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Revolut (today's second cheapest) was the cheapest in only 6% of its comparisons, so it's rarely the cheapest option for transfers to Singapore.

Ways to send money from Australia to Singapore

13 money transfer companies let you send money from Australia to Singapore.

Cheapest for most transfers

Online transfers

Sending money online with a “self-service” provider is usually the cheapest way to send money to Singapore.

For example, sending A$2,000 with Instarem will get you 1,803.2 SGD after a A$0 fee and -0.01% markup.

In our comparisons over the past month, it was the cheapest online service on 7 of the 15 days it quoted.

To speed up the transfer, use PayID or bank transfer, this will ensure your money is withdrawn instantly from your AU bank account.

Plus, PayID shows the registered payee name, which gives you an extra check against the details you entered.

For regular transfers home

Money transfer apps

An app suits the transfer you make over and over to the same recipient, similar amount, every payday or so.

Instarem takes A$0 in fees and -0.01% markup on a A$2,000 transfer, and your SGD arrives in 6-12 hours.

Over the past month, Instarem was the cheapest app on 47% of the days it appeared for A$2,000 transfers.

Signing up is quick even if you're new to Australia.

A passport and visa are enough for most money transfer apps, and no local credit history is needed.

For large AUD transfers

Currency brokers

Money transfer brokers are best for large transfers, like buying property, moving abroad, or paying student fees.

On transfers of $10,000 or more, a broker like Currencies Direct drops the fee entirely and works on margin instead.

With Currencies Direct you get 0.61% on AUD/SGD, and it gets lower the more you send.

You also get an account manager for the whole thing.

Our analysis shows Currencies Direct was the cheapest broker in 44% of all the transfers it quoted.

For overseas business payments

Business accounts

Global accounts like Airwallex are great for paying suppliers, contractors or staff in SGD, handling invoices, batch payments, and more.

For receiving and spending

Multi-currency accounts

Multi-currency accounts let you hold AUD and SGD in one account, and convert when the rate suits you.

Revolut converts A$2,000 at 0.06% markup, and the SGD sits in your account until you spend or transfer it.

Over the past month, it came out cheapest among multi-currency accounts on 71% of days.

Most useful if you travel often to Singapore, split your life between two countries, or receive money from abroad.

We also created a guide going into more detail about multi currency accounts.

Compare first

Banks

The big four have dropped most transfer fees, which makes bank transfer from your bank look cheap.

However, the cost is moved into the exchange rate instead.

On a A$2,000 transfer, a bank like NAB adds 2.52% markup and delivers 1,758.14 SGD, against 1,803.2 SGD via Instarem (the cheapest option).

We found NAB was the cheapest bank on 30 of the 30 days it appeared for this amount.

Ways to fund AUD and receive money in Singapore

With Instarem, paying by payid and receiving through a bank deposit is the cheapest combination. Sending A$2,000 gives your recipient 1,803.2 SGD.

Our data shows that Instarem gets your recipient 45.06 SGD more than NAB, today's cheapest bank, on the same A$2,000.

You can fund the transfer with bank transfer, debit card, credit card, payid, osko, payto, and poli.

You can pay with payid

Use the PayID supplied by the company and confirm the recipient name shown by your Australian bank before approving the payment.

Recipients in Singapore can collect SGD through bank deposit, paynow, and cash pickup.

They can collect cash via Remitly

For cash collection, the recipient should take a photo ID and the transfer reference to a participating location in Singapore.

  1. 1
    Payid Bank deposit

    You pay A$2,000.00

    S$1,803

    Cheapest

  2. 2
    Bank transfer Bank deposit

    You pay A$2,000.00

    S$1,803

    S$0

  3. 3
    Osko Bank deposit

    You pay A$2,000.00

    S$1,796

    -S$7

  4. 4
    Payto Bank deposit

    You pay A$2,000.00

    S$1,796

    -S$8

  5. 5
    Debit card Bank deposit

    You pay A$2,000.00

    S$1,791

    -S$12

Show moreShow less
  1. 6
    Credit card Bank deposit

    You pay A$2,000.00

    S$1,782

    -S$22

  2. 7
    Debit card Paynow

    You pay A$2,002.99

    S$1,767

    -S$36

  3. 8
    Credit card Paynow

    You pay A$2,002.99

    S$1,767

    -S$36

  4. 9
    Poli Bank deposit

    You pay A$2,002.99

    S$1,767

    -S$36

  5. 10
    Poli Paynow

    You pay A$2,002.99

    S$1,767

    -S$36

  6. 11
    Debit card Cash pickup

    You pay A$2,003.99

    S$1,717

    -S$86

  7. 12
    Credit card Cash pickup

    You pay A$2,003.99

    S$1,717

    -S$86

  8. 13
    Poli Cash pickup

    You pay A$2,003.99

    S$1,717

    -S$86

Consider this before sending AUD to Singapore

Every international transfer is reportable by the company handling it, but that is not a tax or a form you normally file yourself. PayID can fund the transfer, while the overseas leg still needs a transfer provider.

Compare AUD/SGD transfer options

For a A$2,000 transfer to Singapore, these are the best options right now:

Cheapest

Instarem is cheapest when funded by payid with bank deposit for the payout. Your recipient gets 1,803.2 SGD, which is 0.22% more than the next best option.

Fastest

Revolut delivers 1,799.21 SGD in within minutes when you use bank transfer and choose bank deposit as payout.

If you need money urgently, we've put together a guide on instant money transfers.

PayID is domestic only

PayID and Osko move Australian dollars between local accounts.

When a money transfer company accepts PayID, it collects the AUD in Australia and then handles the conversion and payout in Singapore.

Confirm the registered business name shown by your bank before approving the PayID payment.

AUSTRAC reporting

The bank or remittance company reports international transfer instructions to AUSTRAC.

This applies to international transfers generally, rather than only those above A$10,000.

You do not normally submit the international transfer report yourself.

A separate threshold report applies when a transaction involves A$10,000 or more in physical cash.

Large or unusual transfers can still trigger source-of-funds checks. Keep the sale agreement, invoice or bank statement that explains the payment ready.

Cash gifts can affect Centrelink payments

Australia does not generally tax a genuine cash gift simply because you send it to family in Singapore.

Gifting money can still affect income-tested or asset-tested Centrelink payments.

Services Australia can continue assessing gifts above its gifting free areas under the income and assets tests.

If you or your partner receive a relevant payment, check the gifting rules before sending a large amount.

Bank protection in Australia

The Financial Claims Scheme protects eligible Australian-dollar deposits with an Australian-incorporated ADI, up to A$250,000 per account holder per ADI.

It does not automatically cover money held by a non-bank transfer company.

In case of issues, if a complaint is not resolved, the Australian Financial Complaints Authority is the free external dispute service for member financial firms.

How we analyse the market

We track 13 companies sending AUD to Singapore, all holding an Australian licence, with rates refreshed in real time when running a live search.

In the past 30 days alone, we analysed 332 comparisons across 12 amounts.

This page covers the cheapest and fastest options for AUD/SGD transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Fees, exchange rates and the pay-in and payout options all get compared, and each company goes through our review before it appears.

More on who we are, why you can trust us and getting started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.