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Companies for transfers from Singapore to Colombia
"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."
"Send money to over 40 destinations online and in the mobile app."
Best way to send: Wise
We tested & reviewed 5 money transfer companies offering services between Singapore and Colombia, and Wise scored highly.
In total, Wise appeared in 100% of Singapore to Colombia searches, and was the top rated company out of 5 that support transfers into Colombian Peso.
So for a great mix of cost, speed & features, make your Singapore to Colombia transfer using Wise.
Getting the best deal on your Singapore to Colombia transfer
- Always compare rates
Don't pay more than you have to. Our live comparison tool will give you the best rates for sending money from Singapore to Colombia.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Singapore and Colombia.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Colombia.
Summary of recent searches
Considerations for sending money from Singapore to Colombia
Always compare ways to send money from Singapore to Colombia to get the best options for fees, speed, and reliability.
Our analysis included 5 providers that operate between Singapore and Colombia.
Through this, you get a comprehensive view of all the options you have in Singapore when you need to send money to Colombia.
Cheapest way to transfer money to Colombia from Singapore: Instarem
Of the 5 providers compared, data shows that Instarem is 0% cheaper than the second-best option.
The is cost is made up of an average SGD-COP exchange rate that is 0.15% different to the mid-market rate and an average fee of 2.83* SGD.
If you want to secure the best rates on a SGD to Colombia transfer, Instarem will result in the most Colombian Peso received.
*The most common fee applied to SGD-COP by Instarem, based on data from the past six months.
Fastest way to transfer money to Colombia from Singapore: Wise.
Through our data, we found Wise to be the fastest option for sending money from Singapore into Colombian Peso in 100% of occasions. For fast SGD to COP money transfers, Wise comes highly recommended.
Singapore to Colombia transfers with Wise have an average fee of 9.44 SGD.
To test that Wise was the 'fastest' option we compared 5 providers. With this, we compared overall speed of sending money from Singapore to Colombia made up of depositing Singapore Dollars, to a money transfer account and transfer times to Colombia.
When sending at speed is a priority, Wise is our recommended choice for sending into Colombia from Singapore.
Need to make a large transfer?
Wise is the best option for large transfers of the 5 providers compared.
While Wise may not always be the cheapest or fastest way to send SGD from Singapore to Colombia, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of sending money from Singapore to Colombia
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Singapore to Colombia.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Colombian Peso for your Singapore Dollar. The current SGD-COP mid-market rate is 3,081.9482 COP per Singapore Dollar.
This rate changes regularly so it can pay to track it. For comparison, the SGD-COP mid-market rate for the past three months has averaged 3,265.7248 COP per Singapore Dollar, with a low of 3,265.7248 and a high of 3,265.7248.
Wise is currently offering the best exchange rate from the 5 companies compared.
Often the SGD-COP exchange rate you pay is the biggest cost factor when transferring Singapore Dollars to Colombia.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Singapore Dollar you’re sending to Colombia. Instarem currently has the lowest fees for transfers into COP at an average of 2.83 SGD over the last 6 months. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Colombian Peso is the biggest indicator of the total cost of sending money to Colombia from Singapore. The bigger the amount received in Colombia, the lower the overall cost of sending from Singapore.
How to find the best exchange rate for Singapore Dollar to Colombian Peso
Timing is essential for sending money between SGD and COP. The exchange rate you secure impacts how much COP you get for your SGD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from SGD to COP has seen some fluctuation. On average, it stood at 3,265.7248.
During this period, the highest value recorded was 3,265.7248, while the lowest was 3,265.7248.
Wise, which is our recommended service to send money online from Singapore to Colombia offers an exchange rate that is only -0.06% above the mid-market rate.
Want to secure the best SGD-Colombian Peso 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 Colombia!
How to pay for money transfers between Singapore and Colombia
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Singapore to Colombia.
Using a money transfer company such as Instarem for transfers from Singapore to Colombia, will mean being able to 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 of the 5 we compared for transfers from SGD to Colombia.
To send money from Singapore to Colombia, Instarem has an average fee of 2.83 SGD.
Debit cards and prepaid options
Sending money from Singapore to Colombia 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 Colombia. This is of the 5 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card money transfers from Singapore to Colombia, emerges as our top choice of the 5 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 Colombia 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 Colombia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SGD to COP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
