Best companies for SGD/NGN transfers
3 of 3 providers Last updated on 10 November 2026
Based on 10,000 SGD transfer Best companies for SGD/NGN transfers Sort Cheapest
Promoted Wise Pay via Bank transfer	Fee $42.62 1 SGD = 1081.9400 NGN -2.61% vs mid-market	Recipient gets ₦10,773,287.72 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Nigeria with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $42.621 SGD = 1081.9400 NGN ₦10,773,287.72You pay$10,000.00
Promoted Regency FX Pay via Bank transfer	Fee $0.00 1 SGD = 1051.1990 NGN +0.27% vs mid-market	Recipient gets ₦10,511,989.55 Minutes - 24 hours
9 reviews Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in Nigeria with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 SGD = 1051.1990 NGN ₦10,511,989.55You pay$10,000.00
Run a live search Showing top Singapore to Nigeria deals for 10,000 SGD. Do a live search with your exact amount for today's best rates.
Run a live search Showing companies that send from a business account. Run a business search to get live SGD to NGN rates.
Run a live search These companies offer multi-currency accounts for spending NGN. We suggest doing a live search based on how much SGD you're planning to spend in Nigeria.
Run a live search These are managed services with real human support for large SGD transfers. Click the link and update the transfer amount to get the best deal.
Wise Pay via Bank transfer	Fee $42.62 1 SGD = 1081.9400 NGN -2.61% vs mid-market	Recipient gets ₦10,773,287.72 Within minutes
25 reviews CheapestOur top pick Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Nigeria with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $42.621 SGD = 1081.9400 NGN ₦10,773,287.72You pay$10,000.00

Wise Pay via PayNow	Fee $42.62 1 SGD = 1081.9400 NGN -2.61% vs mid-market	Recipient gets ₦10,773,287.72 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Nigeria with Wise when paying by paynow. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $42.621 SGD = 1081.9400 NGN ₦10,773,287.72You pay$10,000.00
Exclusive: First Transfer Deal Regency FX Pay via Bank transfer	Fee $0.00 1 SGD = 1051.1990 NGN +0.27% vs mid-market	Recipient gets ₦10,511,989.55 Minutes - 24 hours
9 reviews Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in Nigeria with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 SGD = 1051.1990 NGN ₦10,511,989.55You pay$10,000.00
Pricing based on Revolut Standard plan Revolut Pay via Bank transfer	Fee $50.75 1 SGD = 1046.7485 NGN +0.69% vs mid-market	Recipient gets ₦10,414,362.68 Within minutes
10 reviews Fastest Multi-currency cardReceive to bank account
Ways to receive money in Nigeria with Revolut when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin minutes $50.751 SGD = 1046.7485 NGN ₦10,414,362.68You pay$10,000.00
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 Debit card	Fee $497.76 1 SGD = 1081.9400 NGN -2.61% vs mid-market	Recipient gets ₦10,280,853.55 Within minutes
25 reviews Multi-currency cardReceive to bank accountDedicated support for large transfers
Ways to receive money in Nigeria with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutesAvailable via:Bank Transfer $497.761 SGD = 1081.9400 NGN ₦10,280,853.55You pay$10,000.00
How Our Results Work Mid-market rate: 1 SGD = 1054.0449 NGN Updates every 60 minutes.

Why compare

SGD/NGN exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Singapore to Nigeria

Pick a company

I suggest starting with Wise which is the cheapest option for sending S$10,000.

Wise was the cheapest on 28 of the 28 days it quoted S$10,000 transfers to Nigeria.

Fund your transfer

There are 3 methods to fund the transfer from Singapore, including bank transfer, PayNow, and debit card.

Where possible, use PayNow to fund your account, it is usually free and takes seconds.

Verify and send

Before you can send money to Nigeria, you'll need to verify your account using Singpass, or a passport and pass if you're not a resident.

Compare amounts

How much SGD are you sending to Nigeria?

How much SGD you send to Nigeria 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 Wise was the cheapest in 100% of the transfers from S$5,000 it quoted, and in 100% of all the transfers it quoted.


$1,000	-2.61%	$4.98	₦1,076,323.08with bank transfer to bank deposit	+₦22,523.20
$5,000	-2.53%	$21.71	₦5,382,228.45with bank transfer to bank deposit	+₦111,276.33
$10,000This page	-2.61%	$42.62	₦10,773,287.72with bank transfer to bank deposit	+₦222,531.48

Mid-market rate: 1 SGD = 1054.0449 NGN

SGD/NGN Exchange Rate History

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

The cheapest way to send SGD to NGN 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 Wise), across 30 days of comparisons for 10,000 SGD transfers to Nigeria.

Each line shows what the recipient gets when you send $10,000, after fees, as quoted by each company. The mid-market line shows what $10,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

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 NGN per SGD 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 28 of the last 30 days.

Right now, Wise pays 10,773,287.72 NGN on 10,000 SGD, which is 232,838.96 NGN more than the mid-market amount, so it's a good deal (pretty much free money).

Today's payout is the highest in the past month.

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 Nigeria.

We've tracked 89 comparisons to check how often today's top companies were the cheapest across 3 amounts over the past month.

WiseAppeared in 87 comparisons
Cheapest every time
Regency FXAppeared in 30 comparisons
Cheapest in 7% of them
RevolutAppeared in 83 comparisons
Never the cheapest

Based on 89 comparisons across 3 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 Wise is the cheapest and gets you the most NGN, and it was also the cheapest in 100% of the 87 comparisons it appeared in over the past month.

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

Ways to send money from Singapore to Nigeria

There are 5 ways to send money to Nigeria across 3 money transfer companies.

Cheapest way to send money

Online transfers

Sending NGN from Singapore with a specialist like Wise is quick, easy, and cheap.

You sign up online or through the app, verify account details, enter the amount, fund your transfer, and click send.

Wise charges S$42.62 to send S$10,000, delivering 10,773,287.72 NGN after a -2.61% markup.

In our comparisons over the past month, it was the cheapest online service on 28 of the 28 days it quoted.

Large transfers from Singapore

Currency brokers

Brokers are the best for large SGD transfers to Nigeria.

A currency broker can quote a lower margin on large SGD to NGN transfers and help with the paperwork and the entire process.

For example, Regency FX charges an exchange-rate markup of around 0.27% and no fees.

Our analysis shows Regency FX was the cheapest broker in 100% of the transfers from S$5,000 it quoted.

Large transfers may be held briefly for Singapore’s anti-scam checks, so if your transfer is time sensitive, start the process a bit earlier.

Regular spending abroad

Multi-currency accounts

A multi-currency account like Wise lets you convert SGD to NGN before travelling or paying your own bills overseas.

And you can hold both currencies in one account.

Wise will get you 10,773,287.72 NGN after fees when converting 10,000 SGD.

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

Ways to fund SGD and receive NGN in Nigeria

With Wise, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending S$10,000 gives your recipient 10,773,287.72 NGN.

Pay in SGD through bank transfer, PayNow, and debit card.

Funding the transfer with PayNow

This is the quickest and simplest way to pay for your transfer to Nigeria from Singapore.

Scan the company's PayNow QR code or use its registered identifier.

In Nigeria, they can receive NGN using bank deposit.

1

Bank transfer Bank deposit

You pay S$10,000.00

₦10,773,288

Cheapest
2

PayNow Bank deposit

You pay S$10,000.00

₦10,773,288

₦0
3

Debit card Bank deposit

You pay S$10,000.00

₦10,280,854

-₦492,434

Things to know before sending SGD to Nigeria

Consider these things before sending money from Singapore to Nigeria.

Compare SGD/NGN transfers

For a S$10,000 transfer to Nigeria, these are the best options to start with:

Cheapest: Wise, funded by bank transfer with bank deposit for the payout. Your recipient gets 10,773,287.72 NGN, which is 2.43% more than the next best option.
Fastest: Revolut, funded through bank transfer with bank deposit for the payout. Your recipient gets 10,414,362.68 NGN in within minutes.

SDIC protection

Eligible SGD deposits at participating banks are insured by SDIC up to S$100,000 per depositor and bank.

A balance with a non-bank transfer company is not a bank deposit and does not receive the same cover, even when the company is MAS-licensed.

When unsure, check the legal company in the MAS Financial Institutions Directory before paying.

How we analyse the market

Every company here holds a MAS licence, which you can check yourself on the MAS register.

We track 3 of them on SGD to Nigeria, refreshed in real time on live searches, and compare on the amount that arrives rather than the headline fee.

In the past 30 days alone, we analysed 89 comparisons across 3 amounts.

This page covers the cheapest and fastest options for SGD/NGN 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.

Each goes through our review. 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.

Send money from Singapore

Send money to Nigeria

Send money from United States to Nigeria Send money from India to Nigeria Send money from Philippines to Nigeria Send money from South Africa to Nigeria Send money from Brazil to Nigeria Send money from United Kingdom to Nigeria Send money from France to Nigeria Send money from Turkey to Nigeria Send money from Mexico to Nigeria Send money from Saudi Arabia to Nigeria

Mon, 12 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1040.1483	–	₦10,401,483.11
Wise Cheapest	1065.0400	$42.62	₦10,605,008.00	+₦203,524.89
Regency FX	1037.3399	$0.00	₦10,373,399.11	−₦28,084.00
Revolut	1035.1119	$65.00	₦10,283,836.58	−₦117,646.53

Tue, 13 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1039.8691	–	₦10,398,691.36
Wise Cheapest	1065.6300	$42.62	₦10,610,882.85	+₦212,191.49
Regency FX	1037.0615	$0.00	₦10,370,614.89	−₦28,076.47
Revolut	1034.7943	$65.00	₦10,280,680.93	−₦118,010.43

Wed, 14 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1033.6386	–	₦10,336,385.69
Wise Cheapest	1058.9200	$42.62	₦10,544,068.83	+₦207,683.14
Regency FX	1030.8477	$0.00	₦10,308,477.45	−₦27,908.24
Revolut	1028.8250	$65.00	₦10,221,376.03	−₦115,009.66

Thu, 15 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1036.7416	–	₦10,367,416.08
Wise Cheapest	1061.7000	$42.62	₦10,571,750.35	+₦204,334.27
Regency FX	1033.9424	$0.00	₦10,339,424.06	−₦27,992.02
Revolut	1032.1616	$65.00	₦10,254,525.14	−₦112,890.94

Fri, 16 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1040.3297	–	₦10,403,296.71
Wise Cheapest	1061.9300	$42.62	₦10,574,040.54	+₦170,743.83
Regency FX	1037.5208	$0.00	₦10,375,207.81	−₦28,088.90
Revolut	1035.1640	$65.00	₦10,284,353.98	−₦118,942.73

Sat, 17 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1038.3015	–	₦10,383,014.87
Regency FX Cheapest	1035.4981	$0.00	₦10,354,980.73	−₦28,034.14
Revolut	1033.4118	$165.00	₦10,163,604.83	−₦219,410.04
Wise No quote collected this day	–	–	–	–

Mon, 19 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1041.8970	–	₦10,418,969.58
Wise Cheapest	1061.9300	$42.62	₦10,574,040.54	+₦155,070.96
Regency FX	1039.0838	$0.00	₦10,390,838.36	−₦28,131.22
Revolut No quote collected this day	–	–	–	–

Tue, 20 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1039.7926	–	₦10,397,926.31
Wise Cheapest	1063.9500	$42.62	₦10,594,154.45	+₦196,228.14
Regency FX	1036.9852	$0.00	₦10,369,851.91	−₦28,074.40
Revolut No quote collected this day	–	–	–	–

Wed, 21 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1041.7954	–	₦10,417,953.95
Wise Cheapest	1063.4600	$42.62	₦10,589,275.33	+₦171,321.38
Regency FX	1038.9825	$0.00	₦10,389,825.47	−₦28,128.48
Revolut	1037.4367	$65.00	₦10,306,933.42	−₦111,020.53

Thu, 22 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1043.2843	–	₦10,432,842.76
Wise Cheapest	1064.4200	$42.62	₦10,598,834.42	+₦165,991.66
Regency FX	1040.4674	$0.00	₦10,404,674.08	−₦28,168.68
Revolut	1038.6273	$65.00	₦10,318,762.35	−₦114,080.41

Fri, 23 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1042.0085	–	₦10,420,085.46
Wise Cheapest	1065.7400	$42.62	₦10,611,978.16	+₦191,892.70
Regency FX	1039.1951	$0.00	₦10,391,951.23	−₦28,134.23
Revolut	1037.2103	$65.00	₦10,304,684.01	−₦115,401.45

Sat, 24 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1043.1955	–	₦10,431,954.87
Wise Cheapest	1065.8700	$42.62	₦10,613,272.62	+₦181,317.75
Regency FX	1040.3789	$0.00	₦10,403,788.59	−₦28,166.28
Revolut	1044.6975	$165.00	₦10,274,600.30	−₦157,354.57

Mon, 26 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1055.9055	–	₦10,559,054.67
Wise Cheapest	1074.7800	$42.62	₦10,701,992.88	+₦142,938.21
Regency FX	1053.0545	$0.00	₦10,530,545.22	−₦28,509.45
Revolut	1056.8857	$65.00	₦10,500,158.95	−₦58,895.72

Tue, 27 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1047.7418	–	₦10,477,418.05
Wise Cheapest	1080.7200	$42.62	₦10,761,139.71	+₦283,721.66
Regency FX	1044.9129	$0.00	₦10,449,129.02	−₦28,289.03
Revolut	1049.7826	$65.00	₦10,429,590.20	−₦47,827.85

Wed, 28 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1046.5792	–	₦10,465,791.77
Wise Cheapest	1077.0500	$42.62	₦10,724,596.13	+₦258,804.36
Regency FX	1043.7534	$0.00	₦10,437,534.13	−₦28,257.64
Revolut	1047.4502	$50.75	₦10,421,344.00	−₦44,447.77

Thu, 29 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1051.5752	–	₦10,515,751.98
Wise Cheapest	1076.4200	$42.62	₦10,718,322.98	+₦202,571.00
Regency FX	1048.7359	$0.00	₦10,487,359.45	−₦28,392.53
Revolut	1046.4142	$50.75	₦10,411,036.48	−₦104,715.50

Fri, 30 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1054.0692	–	₦10,540,692.15
Wise Cheapest	1071.9400	$42.62	₦10,673,713.92	+₦133,021.77
Regency FX	1051.2232	$0.00	₦10,512,232.28	−₦28,459.87
Revolut	1048.4474	$50.75	₦10,431,264.91	−₦109,427.24

Sat, 31 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1052.9139	–	₦10,529,138.88
Wise Cheapest	1071.1200	$42.62	₦10,665,548.87	+₦136,409.99
Regency FX	1050.0710	$0.00	₦10,500,710.21	−₦28,428.67
Revolut	1045.9364	$150.75	₦10,301,689.41	−₦227,449.47

Mon, 2 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1051.5676	–	₦10,515,675.98
Wise Cheapest	1073.0200	$42.62	₦10,684,467.89	+₦168,791.91
Regency FX	1048.7284	$0.00	₦10,487,283.65	−₦28,392.33
Revolut	1046.2853	$50.75	₦10,409,754.44	−₦105,921.54

Tue, 3 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1050.3546	–	₦10,503,546.06
Wise Cheapest	1076.0500	$42.62	₦10,714,638.75	+₦211,092.69
Regency FX	1047.5186	$0.00	₦10,475,186.49	−₦28,359.57
Revolut	1045.1647	$50.75	₦10,398,604.58	−₦104,941.48

Wed, 4 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1051.1644	–	₦10,511,644.44
Wise Cheapest	1075.3400	$42.62	₦10,707,569.01	+₦195,924.57
Regency FX	1048.3263	$0.00	₦10,483,263.00	−₦28,381.44
Revolut	1047.2444	$50.75	₦10,419,296.54	−₦92,347.90

Thu, 5 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1054.8946	–	₦10,548,945.59
Wise Cheapest	1078.4500	$42.62	₦10,738,536.46	+₦189,590.87
Regency FX	1052.0463	$0.00	₦10,520,463.44	−₦28,482.15
Revolut	1049.1207	$50.75	₦10,437,964.12	−₦110,981.47

Fri, 6 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1050.1176	–	₦10,501,175.78
Wise Cheapest	1071.1500	$42.62	₦10,665,847.59	+₦164,671.81
Regency FX	1047.2823	$0.00	₦10,472,822.61	−₦28,353.17
Revolut	1045.3666	$50.75	₦10,400,613.22	−₦100,562.56

Sat, 7 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1050.3713	–	₦10,503,713.47
Regency FX Cheapest	1047.5353	$0.00	₦10,475,353.44	−₦28,360.03
Revolut	1042.8901	$150.75	₦10,271,685.78	−₦232,027.69
Wise No quote collected this day	–	–	–	–

Sun, 8 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1050.2895	–	₦10,502,894.60
Wise Cheapest	1070.0500	$42.62	₦10,654,894.47	+₦151,999.87
Regency FX	1047.4537	$0.00	₦10,474,536.78	−₦28,357.82
Revolut	1042.8901	$150.75	₦10,271,685.78	−₦231,208.82

How to send money to Nigeria from Singapore with the best SGD-NGN rate

Best companies for SGD/NGN transfers