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Overall best choice: Currencies Direct
We tested & reviewed dozens of money transfer providers, and Currencies Direct scored highly.
Currencies Direct appeared in 50% of Singapore to Belgium searches, and was the top rated company out of 6 that support SGD to EUR.
So for a great mix of cost, speed & features, make your Singapore to Belgium transfer using Currencies Direct.
How to get the best deal on your Singapore to Belgium transfer
Summary of recent searches
Important things to consider before sending money from Singapore to Belgium
Don't settle for the first option. Always compare ways to send money from Singapore to Belgium to find out about fees, speed, and reliability.
Our analysis included 6 providers that operate between Singapore and Belgium.
Through this, you get a comprehensive view of all the options you have in Singapore when you need to send money to Belgium.
Cheapest way to send money to Belgium from Singapore: Instarem
Data collected over the past six months show that Instarem is 0% cheaper than the second-best option.
The $850000 transfer cost represents the most common fee for SGD to EUR international transfers, based on data from the past six months.
If you want to secure the best rates on a SGD to Belgium transfer, make sure you pick Instarem to send your money online.
*The most common fee applied to SGD-EUR by Instarem, based on data from the past six months.
Fastest way to send money from Singapore to Belgium: Remitly
Our data shows that Remitly came up as the fastest way to send money from Singapore to Belgium in 100% of searches. This makes them well suited to urgent SGD to EUR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Singapore to Belgium - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Remitly is your best choice at the moment. This service emerged as the quickest way to send money to Belgium from Singapore in 100% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Currencies Direct.
While Currencies Direct may not always be the cheapest or fastest way to send SGD from Singapore to Belgium, it’s the provider that will keep you safe and relaxed while your money moves into EUR.
Understanding the costs involved when moving money from Singapore to Belgium
When calculating the costs of money transfers between Singapore and Belgium, here's what really matters:
The Mid-Market Rate: Today, the SGD-EUR mid-market rate equals to 0.688681 EUR per Singapore Dollar. Keep in mind that this rate fluctuates all the time.
The SGD-EUR average exchange rate of the past three months has been 0.6867 EUR per Singapore Dollar, with a high of 0.6924 and a low of 0.6814.
Fees and Markups: That's where Instarem shines, combining the best of both worlds: excellent SGD to EUR rates that are only 0.07% away from the average.
How to find the best exchange rate for Singapore Dollar to Euro
Timing is essential sending money between SGD and EUR. The exchange rate you secure impacts how much EUR you get for your SGD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from SGD to EUR has seen some fluctuation. On average, it stood at 0.6867.
During this period, the highest value recorded was 0.6924, while the lowest was 0.6814.
Currencies Direct, which is our recommended service to send money online from Singapore to Belgium offers an exchange rate that is only 0.12% above the mid-market rate.
Want to secure the best SGD-Euro exchange rates?
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Payment methods available to fund your Singapore to Belgium transfer
Bank transfers
Bank transfers are often the default option for sending money from Singapore to Belgium.
By using a money transfer company such as Instarem for transfers from Singapore to Belgium, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Instarem is the cheapest provider for bank transfers from the 6 we tested when sending SGD to Belgium.
With an average fee of SGD850000 to send money from Singapore to Belgium, Instarem offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Singapore to Belgium with a debit or a prepaid card is very simple with Instarem.
Instarem is a leader in debit card payments for transfers from Singapore to Belgium, competing among a total of 6 active money transfer companies on this route. They consistently rank at the top in this category.
Credit cards
When it comes to credit card transfers from Singapore to Belgium, Instarem emerges as our top choice of the 6 companies offering this service.
Our comparison engine's last six months of data on SGD to EUR searches show Instarem has been ranked as the cheapest provider.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Belgium and Singapore.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Belgium .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SGD to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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