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Companies for transfers from Singapore to Canada
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
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"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"Send money to over 40 destinations online and in the mobile app."
"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."
Best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Singapore to Canada searches in the last 6 months, and was the top rated company out of 9 that support SGD to CAD.
So for a great blend of cost, speed & features, make your Singapore to Canada transfer using Wise.
How to send money from Singapore to Canada
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you get the best rates on converting into Canadian Dollar from Singapore.
- Choose a provider
Select the provider offering the best way to send to Canada based on your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your Canadian Dollar will soon be on their way to Canada.
Summary of recent searches
Sending money from Singapore to Canada considerations
A comparison of providers offering services between Singapore and Canada is the easiest way to ensure the best deal.
We've compared 9 providers that offer services for sending Singapore Dollar to Canada.
This ensures you will get the best options for your transfer to Canada from Singapore.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Singapore to Canada.
Cheapest way to send money to Canada from Singapore: Wise
Data collected through our comparison over the past six months shows that Wise is 0.7% cheaper than the second-best option.
The cost is made up of an average fee of 0* SGD and an exchange rate for buying Canadian Dollar with Singapore Dollar that is 0.01% different to the mid-market rate.
If you want to secure the best rates on a Singapore to Canada transfer, Wise offers value. We would still recommend searching for the amount you want to send to Canada.
*The most common fee applied to SGD-CAD by Wise, based on data from the past six months.
Fastest way to transfer money to Canada from Singapore: Instarem.
Through our data, we found Instarem to be the fastest option for sending money from Singapore into Canadian Dollar in 50% of occasions. For fast SGD to CAD money transfers, Instarem comes highly recommended.
Singapore to Canada transfers with Instarem have an average fee of 3.99 SGD.
To test that Instarem was the 'fastest' option we compared 9 providers. With this, we compared overall speed of sending money from Singapore to Canada made up of depositing Singapore Dollars, to a money transfer account and transfer times to Canada.
When sending at speed is a priority, Instarem is our recommended choice for sending into Canada from Singapore.
Sending a large amount of money?
Of the 9 providers compared, Wise is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Wise may not always be the fastest or cheapest way to send money from Singapore to Canada, it's a great provider for things like buying or selling property.
Understanding the costs involved when moving money from Singapore to Canada
The total cost of money transfers to Canada from Singapore, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for SGD-CAD is 1.057 CAD per Singapore Dollar.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Canadian Dollar for your Singapore Dollars.
On average for the last three months, the SGD-CAD mid-market rate has been 1.0277 CAD per Singapore Dollar. This hit a high of 1.049, and a low of 1.0085.
From the 9 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting SGD to CAD.
Fees: Some money transfers between Singapore and Canada will be subject to fees. Revolut has had an average fee of 0 SGD per transfer over the last 6 months. Although, you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Canadian Dollar eventually received in Canada.
This number should guide you, as a higher amount of money received in Canada means a better overall cost of sending money from Singapore.
How to find the best exchange rate for Singapore Dollar to Canadian Dollar
Timing is essential for sending money between SGD and CAD. The exchange rate you secure impacts how much CAD you get for your SGD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from SGD to CAD has seen some fluctuation. On average, it stood at 1.0277.
During this period, the highest value recorded was 1.049, while the lowest was 1.0085.
Wise, which is our recommended service to send money online from Singapore to Canada offers an exchange rate that is only 0.01% above the mid-market rate.
Want to secure the best SGD-Canadian Dollar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Singapore to Canada!
How to pay for money transfers between Singapore and Canada
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Singapore to Canada.
Using a money transfer company such as Wise for transfers from Singapore to Canada, will mean being able to send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers of the 9 we compared for transfers from SGD to Canada.
To send money from Singapore to Canada, Wise has an average fee of 1.41 SGD.
Debit cards and prepaid options
Sending money from Singapore to Canada with a debit card or a prepaid card is very simple with Wise.
Wise is the cheapest option for sending money with a debit card between Singapore and Canada. This is of the 9 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card money transfers from Singapore to Canada, emerges as our top choice of the 9 companies offering this service.
Be aware of fees: 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 Canada 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 Canada.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SGD to CAD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
