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How to send money to Italy from Singapore with the best SGD-EUR rate

Compare the best deals on sending money from Singapore to Italy. Get insights on the cheapest, fastest, and most reliable providers with the best SGD to EUR exchange rates.

Read on for the insights, analysis, and all you need to know about money transfers to Italy from Singapore.

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July 8th, 2025
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Best money transfer companies

Send money from Singapore to Italy

Last updated: Today
Mid-market rate as of 07/08/2025: 1 SGD = 0.666988 EUR
Results below are based on a 10000 SGD search
0 of 14 providers
Sponsored
Wise
Recipient gets (EUR)
€6,653.40
Full transfer details
Visit Wise
€184 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (EUR)
€6,599.20
Full transfer details
Visit Xe
€129 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Live Rates
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1
Instarem
Recipient gets (EUR)
€6,668.00
Full transfer details
Visit Instarem
€198 better than a typical bank*

"Most transfers are instant or same-day. Customers can earn rewards on every transaction."

Personal account manager
Multi-currency card
Receive to bank account
2
Wise
Recipient gets (EUR)
€6,653.40
Full transfer details
Visit Wise
€184 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Exclusive: Special Rate for 1st Transfer
3
Key Currency
Recipient gets (EUR)
€6,653.21
Full transfer details
Visit Key Currency
€183 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Exclusive: Special Rate for 1st Transfer
4
Currencyflow
Recipient gets (EUR)
€6,652.54
Full transfer details
Visit Currencyflow
€183 better than a typical bank*

"Currencyflow is a modern FX broker backed by industry veterans with 30+ years of currency trading experience. Contact the UK-based team for a free quote."

Personal account manager
Multi-currency card
Receive to bank account
Support via email, phone, live chat + WhatsApp
Exclusive: First Transfer Deal
5
Regency FX
Recipient gets (EUR)
€6,651.87
Full transfer details
Visit Regency FX
€182 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Professional, personal service
Rate match guarantee (T&Cs apply)
6
TorFx
Recipient gets (EUR)
€6,649.87
Full transfer details
Visit TorFx
€180 better than a typical bank*

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation conversations & no max transfer limit."

Personal account manager
Multi-currency card
Receive to bank account
Ideal for buying property abroad
7
Currencies Direct
Recipient gets (EUR)
€6,634.00
Full transfer details
Visit Currencies Direct
€164 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
8
CurrencyFair
Recipient gets (EUR)
€6,628.00
Full transfer details
Visit CurrencyFair
€158 better than a typical bank*

"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."

Personal account manager
Multi-currency card
Receive to bank account
9
OFX
Recipient gets (EUR)
€6,628.00
Full transfer details
Visit OFX
€158 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
10
Xe
Recipient gets (EUR)
€6,599.20
Full transfer details
Visit Xe
€129 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
11
Remitly
Recipient gets (EUR)
€6,570.00
Full transfer details
Visit Remitly
€100 better than a typical bank*

"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."

Personal account manager
Multi-currency card
Receive to bank account or cash pickup
Mid-market rate updates every 60 minutes
Estimated Rates
We don't have access to live rates from these companies. Instead, we've researched their average exchange rates and fees.
Revolut
Recipient gets (EUR)
€6,636.57
Sponsored
Wise
Recipient gets (EUR)
€6,653.40
Full transfer details
Visit Wise
€184 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (EUR)
€6,599.20
Full transfer details
Visit Xe
€129 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions

Overall top choice: Wise

Wise is the best way to transfer Singapore Dollar into Euro.

Of the 14 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.

Sending 10,000 SGD to EUR will cost you $23.84 in fees, and you will receive 6,653.4 EUR.

When sending money from Singapore to Italy, using Wise in a great option.

Wise is the top rated company for sending money from Singapore (SGD) to Italy (EUR) - Wise Screenshot

How to get the best deal on your Singapore to Italy transfer

Summary of recent searches

Top rated for transfers from Singapore to Italy
Wise
Total number of SG - IT providers
14
Average cheapest fees & rate
Instarem
Average fastest transfer
Wise
Average transfer time
Within minutes
Best for bank transfers
Instarem
Best for debit card
Wise

Considerations when sending from Singapore to Italy

1
Compare providers

Comparing money transfer companies with services between Singapore and Italy, based on your specific transfer amount and transfer needs, is the best way to send money at the best price.

For this route, we’ve compared 14 providers providing services between Singapore and Italy. This ensures you will get the best options when sending Euro to Italy.

Over the last 7 days, we’ve picked Wise as the best overall provider. However, comparing based on the amount you want to send to Italy will provide a specific provider that’s best for transferring money from Singapore.

2
Understanding the Singapore Dollar-Euro exchange rate
3
Choose the right payment method
4
Financial regulations
5
Consider transfer limits
6
Receiving money from Singapore Dollar in Italy
7
Confirm the ID you need
8
Tax declarations

Cheapest way to send money to Italy from Singapore: Instarem

Instarem offers the cheapest combination of low fees and competitive exchange rates of the 14 providers we compared.

They offer a fee of 50 SGD and exchange rate between SGD-EUR that is 0.03% different to the mid-market rate.

In comparison, Instarem is 0.22% cheaper than the second-best option.

To secure affordable and great rates on a SGD to Italy transfer, Instarem is our recommended choice.

Instarem is the cheapest way to send money from Singapore (SGD) to Italy (EUR) - Instarem Screenshot 1
Instarem is the cheapest way to send money from Singapore (SGD) to Italy (EUR) - Instarem Screenshot 2

Fastest way to transfer money to Italy from Singapore: Wise.

Of 14 companies compared, Wise offers the quickest way to send Singapore Dollars to Italy.

For example, sending $10,000 to Italy with Wise will be within minutes.

But, it can be quicker or longer depending on the exact amount, as well as the day and time of your transfer.

Singapore to Italy transfers with Wise have a fee of 23.84 SGD.

To test that Wise was the 'fastest' option we compared 14 providers. With this, we compared overall speed of sending money from Singapore to Italy made up of depositing Singapore Dollars, to a money transfer account and transfer times to Italy.

When sending at speed is a priority, Wise is our recommended choice for sending into Italy from Singapore.

Wise is the fastest way to send money from Singapore (SGD) to Italy (EUR) - Wise Screenshot

Transferring large sums of money

For transfers of larger amounts of Euros to Italy picking a provider with a competitive exchange rate and hands on management can make a huge difference.

Of the
14 money transfer companies tested, Wise is the strongest option for large transfers from Singapore to Italy.

Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from Singapore to Italy can become expensive through your bank or with the wrong provider.

Wise is our choice for sending large sums of money to SGD because they offer a strong all-round product.

Understanding the cost of sending money to Italy from Singapore

The cost of sending money from Italy to Italy, is made-up of a combination of fees and exchange rates:

The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from SGD-EUR is 0.6674 EUR per Singapore Dollar.

  • Finding a provider offering an exchange as close to 0.6674 as possible will ensure more Euro received when transferring.

  • For context, the SGD-EUR mid-market rate for the past week has averaged 0.6667 EUR per Singapore Dollar. This includes a high of 0.667, and low of 0.6662.

  • Wise currently offers the best exchange rate on transfers from Singapore to Italy.

For the most part the SGD-EUR exchange rate you receive is the biggest factor impacting the cost of sending SGD to Italy.

Fees: Outside of exchange rates, you may need to pay a fee to send. Instarem currently offers the lowest fees on transfers to Italy from Singapore, costing 50 SGD per transfer. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.

Amount Received: The amount received in Euro is the amount you started with, minus the amount you paid in the exchange and fees.

The better deal you get on exchanging Singapore Dollars to EUR, paired with a low fee, means a higher total amount received in Italy.

Track the exchange rate for Singapore Dollar to Euro

Sending money at the right time between SGD and EUR can make a huge difference to overall cost. The exchange rate impacts how much EUR you get for your SGD.

Mid-market Rate
1 
SGD
=
0.667445 
EUR

Over the last 7 days, the average numbers are:

  • The exchange rate from SGD to EUR averaged 0.6667 EUR.

  • The highest value recorded was 0.667 EUR, while the lowest was 0.6662 EUR.

  • 14 providers currently offer transfers between Singapore and Italy close to this rate

Want to secure the best SGD-Euro 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 Italy!

How to pay for money transfers between Singapore and
Italy

  • Bank transfers

    Bank transfers are often fastest, cheapest and best way to send money from Singapore to Italy.

    Using a money transfer company such as Instarem for transfers from Singapore to Italy, will mean being able to send money via a bank transfer while benefiting from lower fees and more favorable exchange rates. 


    On average, Instarem is the cheapest provider for bank transfers of the 14 we compared for transfers from SGD to Italy.

    To send money from Singapore to Italy, Instarem has a fee of 50 SGD.

  • Debit cards and prepaid options

    Sending money from Singapore to Italy 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 Italy. This is of the 14 money transfer companies offering debit card payments on this route.

  • Credit cards

    When it comes to credit card transfers from Singapore to Italy, we recommend comparing your options to get the best deal.

    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 Italy 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 Italy.


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


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

Money transfer company reviews

How much money can be transferred from Singapore to Italy?
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Can I send money from Singapore to Italy with MoneyTransfers.com?
What are the typical transfer fees for sending Singapore Dollars to Italy through various providers?
How long does it take to send money from Singapore to Italy?
What is the best exchange rate I can get for sending money from Singapore to Italy?
Are there any minimum or maximum transfer amounts for sending money from Singapore to Italy?
Can I schedule regular transfers between Singapore and Italy?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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