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Compare the best ways to send money from Singapore to Hong Kong

Get the best deals when you transfer from Singapore to Hong Kong. Find the cheapest, fastest, and most reliable providers with the best SGD to HKD exchange rates.

Read on for the best deals, expert information, and all you need to send money to Hong Kong from Singapore.

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Overall best choice: Wise

Wise is our top pick for SGD to HKD transfers.

We tested & reviewed dozens of money transfer providers, and Wise scored highly.

Wise appeared in 100% of Singapore to Hong Kong searches, and was the top rated company out of 9 that support SGD to HKD.

So for a great mix of cost, speed & features, make your Singapore to Hong Kong transfer using Wise.

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How to get the best deal on your Singapore to Hong Kong transfer

Summary of recent searches

Top rated for transfers from Singapore to Hong Kong
Wise
Total number of SG - HK providers
9
Average cheapest fees & rate
Instarem
Average fastest transfer
Wise
Average transfer time
Within minutes
Best for bank transfers
Instarem
Best for debit card
Wise
Best for credit card
Wise

Important things to consider before sending money from Singapore to Hong Kong

1
Compare providers

Don't settle for the first option. Always compare ways to send money from Singapore to Hong Kong to find out about fees, speed, and reliability.

Our analysis included 9 providers that operate between Singapore and Hong Kong.

Through this, you get a comprehensive view of all the options you have in Singapore when you need to send money to Hong Kong.

2
Think about the Singapore Dollar-Hong Kong Dollar exchange rate
3
Choose the right payment method
4
Keep your money safe
5
Consider transfer limits
6
How to receive money in Hong Kong
7
Have your ID ready
8
Don't forget about taxes

Cheapest way to send money to Hong Kong from Singapore: Instarem

Get the lowest fees with Instarem - the cheapest transfer service at just $57.16 per transaction*

Data collected over the past six months shows that Instarem is 0.1% cheaper than the second-best option.

The $57.16 transfer cost represents the most common fee for SGD to HKD international transfers, based on data from the past six months.

If you want to secure the best rates on a SGD to Hong Kong transfer, make sure you pick Instarem to send your money online.

*The most common fee applied to SGD-HKD by Instarem, based on data from the past six months.

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Fastest way to send money from Singapore to Hong Kong: Wise

Need to send money fast? Pick Wise and get your funds from Singapore to Hong Kong at speed.

Our data shows that Wise came up as the fastest way to send money from Singapore to Hong Kong in 60% of searches. This makes them well suited to urgent SGD to HKD money transfers.

The 'fastest' way to send money is defined by the overall speed of sending money from Singapore to Hong Kong - this includes deposit, transfer and withdrawal timeframes and often differs per currency. 


When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Hong Kong from Singapore in 60% of the searches on MoneyTransfers.com over the past six months.

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Need to send over $10,000?

For those big moves, competitive pricing & strong customer service are key.

Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.


While Wise may not always be the cheapest or fastest way to send SGD from Singapore to Hong Kong, it’s the provider that will keep you safe and relaxed while your money moves into HKD.

Understanding the costs involved when moving money from Singapore to Hong Kong

When calculating the costs of money transfers between Singapore and Hong Kong, here's what really matters:

The Mid-Market Rate: Today, the SGD-HKD mid-market rate equals to 5.757427 HKD per Singapore Dollar.

The SGD-HKD average exchange rate for the past three months has been 5.806 HKD per Singapore Dollar, with a high of 5.806 and a low of 5.806.

When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from SGD to HKD.

How to find the best exchange rate for Singapore Dollar to Hong Kong Dollar

Timing is essential for sending money between SGD and HKD. The exchange rate you secure impacts how much HKD you get for your SGD.

Mid-market Rate
1
= 5.757427 HKD

Let's dive into some interesting recent trends.

  • Over the past six months, the exchange rate from SGD to HKD has seen some fluctuation. On average, it stood at 5.806.

  • During this period, the highest value recorded was 5.806, while the lowest was 5.806.

  • Wise, which is our recommended service to send money online from Singapore to Hong Kong offers an exchange rate that is only 0% above the mid-market rate.

Want to secure the best SGD-Hong Kong 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 Hong Kong!

Payment methods available to fund your Singapore to
Hong Kong transfer

  • Bank transfers

    Bank transfers are often the default option for sending money from Singapore to Hong Kong.

    By using a money transfer company such as Instarem for transfers from Singapore to Hong Kong, 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 9 we tested when sending SGD to Hong Kong.

    With an average fee of SGD57.16 to send money from Singapore to Hong Kong, Instarem offers a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from Singapore to Hong Kong with a debit or a prepaid card is very simple with Wise.


    Wise is a leader in debit card payments for transfers from Singapore to Hong Kong, competing among a total of 9 active money transfer companies on this route.

  • Credit cards

    When it comes to credit card transfers from Singapore to Hong Kong, Instarem emerges as our top choice of the 9 companies offering this service.

    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 Hong Kong 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 Hong Kong .


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SGD to HKD.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

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FAQs

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Contributors

Giovanni Angioni
Giovanni Angioni, a journalist specialized in financial and political topics, has written for well-known outlets like La Stampa, Repubblica, the Economist, and Politico. His background in political sciences complements his extensive experience in covering major international events such as ASEAN and NATO summits, and European Council meetings. His insightful approach to global finance and politics enriches his role at MoneyTransfers.com, where he focuses on making personal finance relatable and understandable for a broad audience.