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Companies for transfers from Singapore to Ethiopia
"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."
"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."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
Best way to send: Wise
We tested & reviewed 4 money transfer companies offering services between Singapore and Ethiopia, and Wise scored highly.
In total, Wise appeared in 100% of Singapore to Ethiopia searches, and was the top rated company out of 4 that support transfers into Ethiopian Birr.
So for a great mix of cost, speed & features, make your Singapore to Ethiopia transfer using Wise.
How to compare companies offering money transfers from Singapore to Ethiopia
- Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from Singapore to Ethiopia. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to Ethiopia.
- Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from Singapore to your chosen country & currency.
Summary of recent searches
Considerations ahead of sending money from Singapore to Ethiopia
A comparison of providers offering services between Singapore and Ethiopia, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 4 providers that provide services for sending Singapore Dollar to Ethiopia. This ensures you will get the best options for your transfer to Ethiopia 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 Ethiopia.
Cheapest way to transfer money to Ethiopia from Singapore: Wise
Of the 4 providers compared, data shows that Wise is 0.4% cheaper than the second-best option.
The is cost is made up of an average SGD-ETB exchange rate that is 0.32% 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 Ethiopia transfer, Wise will result in the most Ethiopian Birr received.
*The most common fee applied to SGD-ETB by Wise, based on data from the past six months.
Fastest way to transfer money to Ethiopia from Singapore: Ria Money Transfer.
Through our data, we found Ria Money Transfer to be the fastest option for sending money from Singapore into Ethiopian Birr in 100% of occasions. For fast SGD to ETB money transfers, Ria Money Transfer comes highly recommended.
Singapore to Ethiopia transfers with Ria Money Transfer have an average fee of 4 SGD.
To test that Ria Money Transfer was the 'fastest' option we compared 4 providers. With this, we compared overall speed of sending money from Singapore to Ethiopia made up of depositing Singapore Dollars, to a money transfer account and transfer times to Ethiopia.
When sending at speed is a priority, Ria Money Transfer is our recommended choice for sending into Ethiopia from Singapore.
Need to make a large transfer?
Wise is the best option for large transfers of the 4 providers compared.
While Wise may not always be the cheapest or fastest way to send SGD from Singapore to Ethiopia, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of transferring money to Ethiopia from Singapore
Fees and exchange rates make up the total cost of sending money from Ethiopia to Ethiopia. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current SGD-ETB mid-market rate is 93.8575 ETB per Singapore Dollar. You will get more Ethiopian Birr for your Singapore Dollars if you find a provider close to this number.
For context, over the last three months the SGD-ETB mid-market rate has had a high of 91.464, a low of 91.464 and averaged 91.464 ETB per Singapore Dollar.
Across the 4 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting SGD to ETB will be the biggest determining factor when working out the cost of transferring Singapore Dollars to Ethiopia.
Fees: Transfer fees are charged as part of the transfer. Cambridge Currencies 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 Ethiopian Birr eventually received in Ethiopia. You can assume that a lower cost of sending from Singapore will result in more money received in Ethiopia.
Track the exchange rate for Singapore Dollar to Ethiopian Birr
Sending money at the right time between SGD and ETB can make a huge difference to overall cost. The exchange rate impacts how much ETB you get for your SGD.
Over the last six months, the average numbers are:
The exchange rate from SGD to ETB averaged 91.464 ETB.
The highest value recorded was 91.464 ETB, while the lowest was 91.464 ETB.
4 providers currently offer transfers between Singapore and Ethiopia close to this rate
Want to secure the best SGD-Ethiopian Birr 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 Ethiopia!
How to pay for money transfers between Singapore and Ethiopia
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Singapore to Ethiopia.
Using a money transfer company such as Wise for transfers from Singapore to Ethiopia, 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 4 we compared for transfers from SGD to Ethiopia.
To send money from Singapore to Ethiopia, Wise has an average fee of 23.95 SGD.
Debit cards and prepaid options
Sending money from Singapore to Ethiopia 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 Ethiopia. This is of the 4 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card money transfers from Singapore to Ethiopia, Wise emerges as our top choice of the 4 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 Ethiopia 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 Ethiopia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SGD to ETB.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
