Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Singapore to India searches, and was the top rated company out of 8 that support SGD to INR.
So for a great mix of cost, speed & features, make your Singapore to India transfer using Wise.
How to get the best deal on your Singapore to India transfer
Important things to consider before sending money from Singapore to India
Don't settle for the first option. Always compare ways to send money from Singapore to India to find out about fees, speed, and reliability.
Our analysis included 8 providers that operate between Singapore and India.
Through this, you get a comprehensive view of all the options you have in Singapore when you need to send money to India.
Cheapest way to send money to India from Singapore: Instarem
Data collected over the past six months show that Instarem is 1.2% cheaper than the second-best option.
The $65.67 transfer cost represents the most common fee for SGD to INR international transfers, based on data from the past six months.
If you want to secure the best rates on a SGD to India transfer, make sure you pick Instarem to send your money online.
*The most common fee applied to SGD-INR by Instarem, based on data from the past six months.
Fastest way to send money from Singapore to India: Wise
Our data shows that Wise came up as the fastest way to send money from Singapore to India in 86.6% of searches. This makes them well suited to urgent SGD to INR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Singapore to India - 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 India from Singapore in 86.6% 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 Wise.
While Wise may not always be the cheapest or fastest way to send SGD from Singapore to India, it’s the provider that will keep you safe and relaxed while your money moves into INR.
Understanding the costs involved when moving money from Singapore to India
When calculating the costs of money transfers between Singapore and India, here's what really matters:
The Mid-Market Rate: Today, the SGD-INR mid-market rate equals to 61.243085 INR per Singapore Dollar. Keep in mind that this rate fluctuates all the time.
The SGD-INR average exchange rate of the past three months has been 62.2912 INR per Singapore Dollar, with a high of 63.0868 and a low of 61.4213.
Fees and Markups: That's where Wise shines, combining the best of both worlds: excellent SGD to INR rates that are only -0.02% away from the average.
How to find the best exchange rate for Singapore Dollar to Indian Rupee
Timing is essential sending money between SGD and INR. The exchange rate you secure impacts how much INR you get for your SGD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from SGD to INR has seen some fluctuation. On average, it stood at 62.2912.
During this period, the highest value recorded was 63.0868, while the lowest was 61.4213.
Wise, which is our recommended service to send money online from Singapore to India offers an exchange rate that is only -0.02% above the mid-market rate.
Want to secure the best SGD-Indian Rupee exchange rates?
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Payment methods available to fund your Singapore to India transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between India 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 India .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SGD to INR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.