How to send money to Singapore from Germany with the best EUR-SGD rate

Key Currency is the best and cheapest service overall. On €7,000 you will get 9,952.4 SGD after fees and the exchange rate.

We’ve compared 12 money transfer companies in more detail below.

Best companies for EUR/SGD transfers

12 of 12 providers

Last updated on 28 October 2026

Based on 7,000 EUR transfer

Best companies for EUR/SGD transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee €32.82 1 EUR = 1.4253 SGD 0.00% vs mid-market Recipient gets $9,930.67 Within minutes
Multi-currency cardReceive 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
€32.821 EUR = 1.4253 SGD
$9,930.67You pay€7,000.00
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 1.4102 SGD +1.07% vs mid-market Recipient gets $9,871.40 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.4102 SGD
$9,871.40You pay€7,000.00

Run a live search

Showing top Germany to Singapore deals for 7,000 EUR. Do a live search with your exact amount for today's best rates.
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee €0.00 1 EUR = 1.4218 SGD +0.25% vs mid-market Recipient gets $9,952.40 Minutes - 3 days
Cheapest
Personal account managerReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 EUR = 1.4218 SGD
$9,952.40You pay€7,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 1.4215 SGD +0.27% vs mid-market Recipient gets $9,950.41 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.4215 SGD
$9,950.41You pay€7,000.00

TorFx

Pay via Bank transfer
Fee €0.00 1 EUR = 1.4211 SGD +0.30% vs mid-market Recipient gets $9,947.41 Minutes - 24 hours
Personal account managerReceive to bank accountIdeal for buying property abroad

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.4211 SGD
$9,947.41You pay€7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee €9.99 1 EUR = 1.4201 SGD +0.37% vs mid-market Recipient gets $9,940.70 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
€9.991 EUR = 1.4201 SGD
$9,940.70You pay€7,009.99
PayNowMinutes - 24 hoursAvailable via:PayNow
€9.991 EUR = 1.4001 SGD
$9,800.70You pay€7,009.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
€9.991 EUR = 1.4001 SGD
$9,800.70You pay€7,009.99
Cash pickupMinutes - 24 hours
€9.991 EUR = 1.2878 SGD
$9,014.60You pay€7,009.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee €9.99 1 EUR = 1.4201 SGD +0.37% vs mid-market Recipient gets $9,940.70 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
€9.991 EUR = 1.4201 SGD
$9,940.70You pay€7,009.99
PayNowMinutes - 24 hoursAvailable via:PayNow
€9.991 EUR = 1.4001 SGD
$9,800.70You pay€7,009.99
Bank depositMinutes - 24 hoursAvailable via:All Banks
€9.991 EUR = 1.4001 SGD
$9,800.70You pay€7,009.99
Cash pickupMinutes - 24 hours
€9.991 EUR = 1.2878 SGD
$9,014.60You pay€7,009.99

Wise

Pay via Bank transfer
Fee €32.82 1 EUR = 1.4253 SGD 0.00% vs mid-market Recipient gets $9,930.67 Within minutes
Recommended
Multi-currency cardReceive 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
€32.821 EUR = 1.4253 SGD
$9,930.67You pay€7,000.00

Currencies Direct

Pay via Bank transfer
Fee €0.00 1 EUR = 1.4184 SGD +0.49% vs mid-market Recipient gets $9,928.80 Minutes - 24 hours
Personal account managerMulti-currency cardReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.4184 SGD
$9,928.80You pay€7,000.00

OFX

Pay via Bank transfer
Fee €0.00 1 EUR = 1.4182 SGD +0.50% vs mid-market Recipient gets $9,927.46 Minutes - 24 hours
Personal account managerReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.4182 SGD
$9,927.46You pay€7,000.00

Wise

Pay via iDEAL
Fee €42.95 1 EUR = 1.4253 SGD 0.00% vs mid-market Recipient gets $9,916.23 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€42.951 EUR = 1.4253 SGD
$9,916.23You pay€7,000.00

CurrencyFair

Pay via Bank transfer
Fee €3.51 1 EUR = 1.4171 SGD +0.58% vs mid-market Recipient gets $9,914.70 Minutes - 24 hours
Receive to bank account

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
€3.511 EUR = 1.4171 SGD
$9,914.70You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €30.50 1 EUR = 1.4226 SGD +0.19% vs mid-market Recipient gets $9,914.57 Within minutes
Fastest
Multi-currency cardReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositWithin minutes
€30.501 EUR = 1.4226 SGD
$9,914.57You pay€7,000.00

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.

Xe

Pay via Debit card
Fee €0.00 1 EUR = 1.4102 SGD +1.07% vs mid-market Recipient gets $9,871.40 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.4102 SGD
$9,871.40You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 1.4102 SGD +1.07% vs mid-market Recipient gets $9,871.40 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.4102 SGD
$9,871.40You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 1.4102 SGD +1.07% vs mid-market Recipient gets $9,871.40 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 1.4102 SGD
$9,871.40You pay€7,000.00

Wise

Pay via Debit card
Fee €87.86 1 EUR = 1.4253 SGD 0.00% vs mid-market Recipient gets $9,852.22 Within minutes
Multi-currency cardReceive 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
€87.861 EUR = 1.4253 SGD
$9,852.22You pay€7,000.00

Moneycorp

Pay via Bank transfer
Fee €0.00 1 EUR = 1.4054 SGD +1.40% vs mid-market Recipient gets $9,837.66 Minutes - 2 days

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 EUR = 1.4054 SGD
$9,837.66You pay€7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee €9.99 1 EUR = 1.4001 SGD +1.79% vs mid-market Recipient gets $9,800.70 Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
€9.991 EUR = 1.4001 SGD
$9,800.70You pay€7,009.99
PayNowMinutes - 24 hoursAvailable via:PayNow
€9.991 EUR = 1.4001 SGD
$9,800.70You pay€7,009.99
Cash pickupMinutes - 24 hours
€9.991 EUR = 1.2878 SGD
$9,014.60You pay€7,009.99

Wise

Pay via Credit card
Fee €129.93 1 EUR = 1.4253 SGD 0.00% vs mid-market Recipient gets $9,792.25 Within minutes
Multi-currency cardReceive 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
€129.931 EUR = 1.4253 SGD
$9,792.25You pay€7,000.00

Deutsche Bank

Pay via Bank transfer
Fee €37.05 1 EUR = 1.4035 SGD +1.54% vs mid-market Recipient gets $9,772.70 Minutes - 5 days
0 reviews

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 5 days
€37.051 EUR = 1.4035 SGD
$9,772.70You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee €191.00 1 EUR = 1.4226 SGD +0.19% vs mid-market Recipient gets $9,686.25 Within minutes
Multi-currency cardReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositWithin minutes
€191.001 EUR = 1.4226 SGD
$9,686.25You pay€7,000.00

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.

How Our Results Work
Mid-market rate: 1 EUR = 1.4253 SGD Updates every 60 minutes.

How to send money from Germany to Singapore

Pick a company

For a one-off transfer from Germany, I suggest picking the cheapest option which is Key Currency.

Key Currency was the cheapest on 27 of the 30 days it quoted €7,000 transfers to Singapore.

On a 7,000 EUR transfer, Key Currency delivers the most SGD.

This will change depending on how much you actually send, so I suggest running a live search to get the best EUR/SGD rate.

Fund your transfer

You have 4 ways to pay, including bank transfer, debit card, credit card, and iDEAL.

Verify and send

First time round you'll need a photo ID and proof of your German address.

Video identification is also normal and takes a few minutes.

Compare amounts

How much EUR are you sending to Singapore?

How much EUR 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 Key Currency was the cheapest in 93% of the transfers from €7,000 it quoted, and in 93% of all the transfers it quoted.

Cheapest service
€1,0000.21%€0.00$1,422.90with debit card to bank deposit+$12.14
€5,0000.30%€0.00$7,106.80with bank transfer to bank deposit+$57.46
€7,000This page0.25%€0.00$9,952.40with bank transfer to bank deposit+$71.40
€50,0000.20%€0.00$71,163.39with bank transfer to bank deposit+$426.35

Mid-market rate: 1 EUR = 1.4253 SGD

EUR/SGD Exchange Rate History

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

The cheapest way to send EUR 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 Key Currency), across 30 days of comparisons for 7,000 EUR transfers to Singapore.

SGD received for €7,000, after fees

Wed, 28 Oct 2026Mid-market rate$9,977.35 Key Currency $9,952.40 Deutsche Bank $9,772.70Key Currency$9,952.40Regency FX$9,950.41TorFx$9,947.41Extra cost of a bank$179.70

9.700
9.800
9.900
10.000
10.100
10.200
At the mid-market rateWith the cheapest optionWith a bankKey CurrencyRegency FXTorFx
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4529 – $10,170.14
Key Currency Cheapest 1.4492 €0.00 $10,144.71 −$25.43
Regency FX 1.4490 €0.00 $10,142.68 −$27.46
TorFx 1.4485 €0.00 $10,139.63 −$30.51
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4495 – $10,146.81
Key Currency Cheapest 1.4459 €0.00 $10,121.44 −$25.37
Regency FX 1.4456 €0.00 $10,119.41 −$27.40
TorFx 1.4452 €0.00 $10,116.37 −$30.44
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4474 – $10,132.01
MoneyGram Cheapest 1.4447 €9.99 $10,112.90 −$19.11
Key Currency 1.4438 €0.00 $10,106.68 −$25.33
Regency FX 1.4435 €0.00 $10,104.65 −$27.36
TorFx 1.4431 €0.00 $10,101.61 −$30.40
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4402 – $10,081.67
Key Currency Cheapest 1.4366 €0.00 $10,056.47 −$25.20
Regency FX 1.4364 €0.00 $10,054.45 −$27.22
TorFx 1.4359 €0.00 $10,051.43 −$30.24
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4399 – $10,078.96
Key Currency Cheapest 1.4363 €0.00 $10,053.76 −$25.20
Regency FX 1.4360 €0.00 $10,051.74 −$27.22
TorFx 1.4355 €0.00 $10,048.72 −$30.24
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4396 – $10,077.38
Key Currency Cheapest 1.4360 €0.00 $10,052.18 −$25.19
Regency FX 1.4357 €0.00 $10,050.17 −$27.20
TorFx 1.4353 €0.00 $10,047.14 −$30.24
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4331 – $10,032.04
MoneyGram Cheapest 1.4332 €9.99 $10,032.40 +$0.36
Key Currency 1.4296 €0.00 $10,006.96 −$25.08
Regency FX 1.4293 €0.00 $10,004.95 −$27.09
TorFx 1.4288 €0.00 $10,001.94 −$30.10
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4345 – $10,041.72
Key Currency Cheapest 1.4309 €0.00 $10,016.61 −$25.11
Regency FX 1.4307 €0.00 $10,014.60 −$27.12
TorFx 1.4302 €0.00 $10,011.59 −$30.13
Deutsche Bank 1.4108 €37.05 $9,823.16 −$218.56
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4361 – $10,052.40
Key Currency Cheapest 1.4325 €0.00 $10,027.27 −$25.13
Regency FX 1.4322 €0.00 $10,025.26 −$27.14
TorFx 1.4317 €0.00 $10,022.24 −$30.16
Deutsche Bank 1.4108 €37.05 $9,823.16 −$229.24
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4341 – $10,038.46
Key Currency Cheapest 1.4305 €0.00 $10,013.36 −$25.09
Regency FX 1.4302 €0.00 $10,011.35 −$27.10
TorFx 1.4298 €0.00 $10,008.34 −$30.11
Deutsche Bank 1.4090 €37.05 $9,811.12 −$227.33
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4366 – $10,056.27
Key Currency Cheapest 1.4330 €0.00 $10,031.13 −$25.14
Regency FX 1.4327 €0.00 $10,029.12 −$27.15
TorFx 1.4323 €0.00 $10,026.10 −$30.17
Deutsche Bank 1.4090 €37.05 $9,811.12 −$245.15
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4335 – $10,034.49
Key Currency Cheapest 1.4299 €0.00 $10,009.41 −$25.08
Regency FX 1.4296 €0.00 $10,007.40 −$27.09
TorFx 1.4292 €0.00 $10,004.39 −$30.10
Deutsche Bank 1.4105 €37.05 $9,821.24 −$213.25
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4335 – $10,034.49
Key Currency Cheapest 1.4299 €0.00 $10,009.41 −$25.08
Regency FX 1.4296 €0.00 $10,007.40 −$27.09
TorFx 1.4292 €0.00 $10,004.39 −$30.10
Deutsche Bank 1.4105 €37.05 $9,821.24 −$213.25
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4343 – $10,040.04
Key Currency Cheapest 1.4307 €0.00 $10,014.94 −$25.10
Regency FX 1.4304 €0.00 $10,012.94 −$27.10
TorFx 1.4300 €0.00 $10,009.92 −$30.12
Deutsche Bank 1.4105 €37.05 $9,821.04 −$219.00
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4319 – $10,023.45
Key Currency Cheapest 1.4283 €0.00 $9,998.40 −$25.05
Regency FX 1.4281 €0.00 $9,996.39 −$27.06
TorFx 1.4276 €0.00 $9,993.38 −$30.07
Deutsche Bank 1.4059 €37.05 $9,789.12 −$234.33
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4358 – $10,050.82
Key Currency Cheapest 1.4322 €0.00 $10,025.69 −$25.13
Regency FX 1.4320 €0.00 $10,023.68 −$27.14
TorFx 1.4315 €0.00 $10,020.66 −$30.16
Deutsche Bank 1.4100 €37.05 $9,817.53 −$233.29
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4374 – $10,061.84
Key Currency Cheapest 1.4338 €0.00 $10,036.69 −$25.15
Regency FX 1.4335 €0.00 $10,034.68 −$27.16
TorFx 1.4331 €0.00 $10,031.66 −$30.18
Deutsche Bank 1.4100 €37.05 $9,817.53 −$244.31
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4391 – $10,074.05
Key Currency Cheapest 1.4356 €0.00 $10,048.86 −$25.19
Regency FX 1.4353 €0.00 $10,046.85 −$27.20
TorFx 1.4348 €0.00 $10,043.83 −$30.22
Deutsche Bank 1.4089 €37.05 $9,810.33 −$263.72
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4407 – $10,085.05
Key Currency Cheapest 1.4371 €0.00 $10,059.83 −$25.22
Regency FX 1.4368 €0.00 $10,057.82 −$27.23
TorFx 1.4364 €0.00 $10,054.79 −$30.26
Deutsche Bank 1.4141 €37.05 $9,846.31 −$238.74
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4407 – $10,085.05
Key Currency Cheapest 1.4371 €0.00 $10,059.83 −$25.22
Regency FX 1.4368 €0.00 $10,057.82 −$27.23
TorFx 1.4364 €0.00 $10,054.79 −$30.26
Deutsche Bank 1.4141 €37.05 $9,846.31 −$238.74
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4355 – $10,048.72
Key Currency Cheapest 1.4319 €0.00 $10,023.60 −$25.12
Regency FX 1.4317 €0.00 $10,021.59 −$27.13
TorFx 1.4312 €0.00 $10,018.58 −$30.14
Deutsche Bank 1.4134 €37.05 $9,841.44 −$207.28
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4353 – $10,046.84
Key Currency Cheapest 1.4317 €0.00 $10,021.72 −$25.12
Regency FX 1.4314 €0.00 $10,019.71 −$27.13
TorFx 1.4310 €0.00 $10,016.70 −$30.14
Deutsche Bank 1.4134 €37.05 $9,841.44 −$205.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4338 – $10,036.87
Key Currency Cheapest 1.4303 €0.00 $10,011.78 −$25.09
Regency FX 1.4300 €0.00 $10,009.77 −$27.10
TorFx 1.4295 €0.00 $10,006.76 −$30.11
Deutsche Bank 1.4113 €37.05 $9,827.05 −$209.82
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4355 – $10,048.51
Key Currency Cheapest 1.4319 €0.00 $10,023.39 −$25.12
Regency FX 1.4316 €0.00 $10,021.38 −$27.13
TorFx 1.4312 €0.00 $10,018.36 −$30.15
Deutsche Bank 1.4091 €37.05 $9,811.49 −$237.02
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4329 – $10,030.15
Key Currency Cheapest 1.4293 €0.00 $10,005.07 −$25.08
Regency FX 1.4290 €0.00 $10,003.06 −$27.09
TorFx 1.4286 €0.00 $10,000.06 −$30.09
Deutsche Bank 1.4091 €37.05 $9,811.49 −$218.66
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4304 – $10,013.02
Key Currency Cheapest 1.4269 €0.00 $9,987.99 −$25.03
Regency FX 1.4266 €0.00 $9,985.99 −$27.03
TorFx 1.4261 €0.00 $9,982.98 −$30.04
Deutsche Bank 1.4081 €37.05 $9,804.53 −$208.49
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4304 – $10,013.02
Key Currency Cheapest 1.4269 €0.00 $9,987.99 −$25.03
Regency FX 1.4266 €0.00 $9,985.99 −$27.03
TorFx 1.4261 €0.00 $9,982.98 −$30.04
Deutsche Bank 1.4081 €37.05 $9,804.53 −$208.49
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4342 – $10,039.17
Key Currency Cheapest 1.4306 €0.00 $10,014.07 −$25.10
Regency FX 1.4303 €0.00 $10,012.06 −$27.11
TorFx 1.4299 €0.00 $10,009.05 −$30.12
Deutsche Bank 1.4083 €37.05 $9,805.69 −$233.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4298 – $10,008.40
MoneyGram Cheapest 1.4267 €9.99 $9,986.90 −$21.50
Key Currency 1.4262 €0.00 $9,983.38 −$25.02
Regency FX 1.4259 €0.00 $9,981.37 −$27.03
TorFx 1.4255 €0.00 $9,978.37 −$30.03
Deutsche Bank 1.4086 €37.05 $9,808.09 −$200.31
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.4253 – $9,977.35
Key Currency Cheapest 1.4218 €0.00 $9,952.40 −$24.94
Regency FX 1.4215 €0.00 $9,950.41 −$26.93
TorFx 1.4211 €0.00 $9,947.41 −$29.93
Deutsche Bank 1.4035 €37.05 $9,772.70 −$204.64

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send €7,000, after fees, as quoted by each company. The mid-market line shows what €7,000 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 EUR 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 1 of the last 30 days.

Right now, Key Currency pays 9,952.4 SGD on 7,000 EUR, which is 24.94 SGD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 10,144.71 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.

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 78 comparisons to check how often today's top companies were the cheapest across 4 amounts over the past month.

  1. Key CurrencyAppeared in 46 comparisons

    Cheapest in 93% of them

  2. Regency FXAppeared in 46 comparisons

    Never the cheapest

  3. TorFxAppeared in 62 comparisons

    Cheapest in 23% of them

  4. Deutsche BankAppeared in 69 comparisons

    Never the cheapest

Based on 78 comparisons across 4 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 Key Currency is the cheapest and gets you the most SGD, and it was also the cheapest in 93% of the 46 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Singapore.

Regency FX (today's second cheapest) was the cheapest in only 0% of its comparisons, so it's rarely the cheapest option for transfers to Singapore.

Ways to send money from Germany to Singapore

There are 12 companies for sending money from Germany to Singapore, across broker, online, app, multi-currency account, global account, in person, and bank, and more below.

Fastest and easiest way

Online and app transfers

Within the eurozone, SEPA covers all transfers, but outside, it gets very expensive and money transfer companies make it cheaper.

Sending €7,000 with MoneyGram to Singapore gets you 9,940.7 SGD with a €9.99 fee and 0.37% markup.

In our comparisons over the past month, it was the cheapest online service on 8 of the 30 days it quoted.

Debit cards (and Apple Pay / Google Pay) usually have instant deposits, but your girocard usually won't work as a funding method.

For paying in cash at a counter

In-person transfers

There's no legal limit on how much you can send, so the counter in the kiosk, the callshop or the grocery store is still a popular way to send money internationally.

Deposit €7,000 to MoneyGram online, and choose cash pickup as delivery option. Once you pay, it should be available in minutes.

Our data shows MoneyGram came out cheapest among in-person options on 100% of days in the past month.

In general, online transfers are cheaper than sending cash to Singapore.

For Euro transfers only

Banks

Inside the eurozone, banks use a SEPA transfer which is cheap or free and there's little reason to look further.

Outside the eurozone, banks like Deutsche Bank are much more expensive.

On a €7,000 transfer, Deutsche Bank delivers 9,772.7 SGD vs 9,952.4 SGD with Key Currency.

We found Deutsche Bank was the cheapest bank on 23 of the 23 days it appeared for this amount.

For large transfers from Germany

Currency brokers

For buying property, moving to Singapore, or moving pensions, a currency broker is the best option.

A broker like Key Currency charges no fee and works on a margin. It adds 0.25% on EUR/SGD which gets negotiated the more you send.

And you get an account manager to help you through the process.

Our analysis shows Key Currency was the cheapest broker in 100% of the transfers from €7,000 it quoted.

For some international payments above €50,000, German residents may need to file an AWV report with the Bundesbank, make sure to check in advance.

For making business payments

Global accounts

Global accounts are for businesses making payments to Singapore.

Be it overseas suppliers and contractors, receiving SGD payments, or holding SGD and EUR in one business account.

Companies like Airwallex, WorldFirst, or Wise Business offer the best tools for international business transfers.

For spending & receiving

Multi-currency accounts

A multi-currency account lets you hold EUR and SGD in one account.

You get SGD bank details, and can receive international payments like rent, dividends, family payments without additional conversions.

You can convert SGD to EUR or EUR to SGD whenever you need.

The best multi-currency account is Wise, it adds ~0% markup and charges small fees.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Ways to fund EUR and receive SGD in Singapore

With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest way. Sending €7,000 gives your recipient 9,952.4 SGD.

Our data shows that Key Currency gets your recipient 179.7 SGD more than Deutsche Bank, today's cheapest bank, on the same €7,000.

You can pay for the transfer using bank transfer, debit card, credit card, and iDEAL.

Using German bank

A SEPA bank transfer is usually the cheapest way to deposit EUR.

An instant SEPA payment can reduce funding time, but it does not guarantee instant delivery to Singapore.

The recipient in Singapore can receive SGD by bank deposit, card deposit, paynow, and cash pickup.

To receive SGD by bank deposit

Enter the recipient's banking details and account holder's name.

Check both before sending because correcting a bank deposit will delay the transfer.

They can receive cash in Singapore

For cash pickup, the recipient needs to visit the nearest MoneyGram branch and bring a valid photo ID and the transfer reference number.

  1. 1
    Bank transfer Bank deposit

    You pay €7,000.00

    S$9,952

    Cheapest

  2. 2
    Debit card Card deposit

    You pay €7,009.99

    S$9,941

    -S$12

  3. 3
    Credit card Card deposit

    You pay €7,009.99

    S$9,941

    -S$12

  4. 4
    iDEAL Bank deposit

    You pay €7,000.00

    S$9,916

    -S$36

  5. 5
    Debit card Bank deposit

    You pay €7,000.00

    S$9,871

    -S$81

Show moreShow less
  1. 6
    Credit card Bank deposit

    You pay €7,000.00

    S$9,871

    -S$81

  2. 7
    Bank transfer Paynow

    You pay €7,009.99

    S$9,801

    -S$152

  3. 8
    Debit card Paynow

    You pay €7,009.99

    S$9,801

    -S$152

  4. 9
    Credit card Paynow

    You pay €7,009.99

    S$9,801

    -S$152

  5. 10
    Bank transfer Cash pickup

    You pay €7,009.99

    S$9,015

    -S$938

  6. 11
    Debit card Cash pickup

    You pay €7,009.99

    S$9,015

    -S$938

  7. 12
    Credit card Cash pickup

    You pay €7,009.99

    S$9,015

    -S$938

Things to know before sending money from Germany to Singapore

The main question in Germany is whether you are sending euros inside SEPA or converting them. Large cross-border payments can also create a Bundesbank reporting duty.

Compare EUR/SGD transfer options

For a €7,000 transfer to Singapore, these are the best options:

Cheapest way to send money to Singapore

The cheapest option is Key Currency, funded by bank transfer with bank deposit for the payout. Your recipient gets 9,952.4 SGD, which is 0.02% more than the next best option.

Fastest way to send money to Singapore

The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 9,914.57 SGD in within minutes.

Transfers over €50,000 may get reported

Germany's AWV reporting threshold is €50,000.

A German resident may need to report a payment above that amount to the Bundesbank when it is made to a non-resident.

It is a statistics report, not a tax or permission request.

Transfers between your own domestic and foreign accounts are exempt, and other exemptions apply depending on the payment purpose.

The automated AWV notice shown by a bank does not mean every transfer is reportable.

The Bundesbank guidance for private individuals explains who reports, what is exempt and how to file.

SEPA and SWIFT are different

If the recipient has a euro account in the SEPA area, a normal SEPA payment can be the simplest option.

A payment converted into SGD sits outside that pricing rule and may involve another bank or payout partner.

Check whether the quote uses SHA, OUR or BEN charges on a bank transfer.

This decides whether intermediary costs are shared, paid by you or deducted from what the recipient receives.

How we analyse the market

Nothing reaches this table without going through our review first, and every company is BaFin-registered or passported into Germany.

We then track 12 of them on EUR to Singapore, comparing rates, fees and the pay-in and payout options.

In the past 30 days alone, we analysed 78 comparisons across 4 amounts.

This page covers the cheapest and fastest options for EUR/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.

More on who we are, why you can trust us and how to get started.

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