Our recommendation: Wise
We tested & reviewed 17 money transfer providers offering money transfers from Singapore to Australia, and Wise scored highly.
In total, Wise appeared in 95.2% of Singapore to Australia searches, and was the top rated company supporting transfers between SGD and AUD.
For a great mix of cost, speed & features, we recommend making your Singapore to Australia transfer using Wise.
How to compare companies offering money transfers from Singapore to Australia
Considerations when sending from Singapore to Australia
Comparing money transfer companies with services between Singapore and Australia, based on your specific transfer amount and transfer needs, is the best way to send money at the best price.
For this route, we’ve compared 17 providers providing services between Singapore and Australia. This ensures you will get the best options when sending Australian Dollar to Australia.
Over the last six months, we’ve picked Wise as the best overall provider. However, comparing based on the amount you want to send to Australia will provide a specific provider that’s best for transferring money from Singapore.
Cheapest way to transfer money to Australia from Singapore: Revolut
Of the 17 providers compared, data shows that Revolut is 0.1% cheaper than the second-best option.
The is cost is made up of an average SGD-AUD exchange rate that is 0.04% different to the mid-market rate and an average fee of 0* SGD.
If you want to secure the best rates on a SGD to Australia transfer, Revolut will result in the most Australian Dollar received.
*The most common fee applied to SGD-AUD by Revolut, based on data from the past six months.
Fastest way to transfer money to Australia from Singapore: Wise.
Through our data, we found Wise to be the fastest option for sending money from Singapore into Australian Dollar in 57.1% of occasions. For fast SGD to AUD money transfers, Wise comes highly recommended.
Singapore to Australia transfers with Wise have an average fee of 46.4 SGD.
To test that Wise was the 'fastest' option we compared 17 providers. With this, we compared overall speed of sending money from Singapore to Australia made up of depositing Singapore Dollars, to a money transfer account and transfer times to Australia.
When sending at speed is a priority, Wise is our recommended choice for sending into Australia from Singapore.
Transfer a large amount of money
Wise is the best rated company for sending large amounts of Australian Dollar to Australia out of 17 companies offering the service.
Whether for a property purchase, or for business, sending large amounts of money to Australia from Singapore has the potential to be very expensive.
Wise is our choice for big transfers to SGD because of all round price, speed and management when making large transfers.
Understanding the cost of transferring money to Australia from Singapore
Fees and exchange rates make up the total cost of sending money from Australia to Australia. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current SGD-AUD mid-market rate is 1.1464 AUD per Singapore Dollar. You will get more Australian Dollar for your Singapore Dollars if you find a provider close to this number.
For context, over the last three months the SGD-AUD mid-market rate has had a high of 1.1741, a low of 1.1123 and averaged 1.1334 AUD per Singapore Dollar.
Across the 17 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting SGD to AUD will be the biggest determining factor when working out the cost of transferring Singapore Dollars to Australia.
Fees: Transfer fees are charged as part of the transfer. Revolut at an average of 0 SGD per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Australian Dollar eventually received in Australia. You can assume that a lower cost of sending from Singapore will result in more money received in Australia.
Track the exchange rate for Singapore Dollar to Australian Dollar
Sending money at the right time between SGD and AUD can make a huge difference to overall cost. The exchange rate impacts how much AUD you get for your SGD.
Over the last six months, the average numbers are:
The exchange rate from SGD to AUD averaged 1.1334 AUD.
The highest value recorded was 1.1741 AUD, while the lowest was 1.1123 AUD.
17 providers currently offer transfers between Singapore and Australia close to this rate
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Paying for your Singapore to Australia transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Australia and Singapore.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Singapore to Australia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SGD to AUD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.