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Companies for transfers from Singapore to Italy
"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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
"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."
"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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
"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."
"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."
"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."
"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."
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"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."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."
Overall top choice: Wise
Of the 8 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Over the last six months, Wise appeared in 100% of searches for transfers between Singapore and Italy.
When sending money from Singapore to Italy, using Wise in a great option.
How to get the best deal on your Singapore to Italy transfer
- Always compare rates
Money transfers to Italy should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Singapore to Italy.
- Choose a provider
Select the provider that offers you the best value on your Singapore Dollar & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Italy.
Summary of recent searches
Considerations when sending from Singapore to Italy
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 8 providers providing services between Singapore and Italy. This ensures you will get the best options when sending Euro to Italy.
Over the last six months, 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.
Cheapest way to send money to Italy from Singapore: Revolut
They offer an average fee of 0* SGD and exchange rate between SGD-EUR that is 0.02% different to the mid-market rate.
In comparison, Revolut is 0% cheaper than the second-best option.
To secure affordable and great rates on a SGD to Italy transfer, Revolut is our recommended choice.
*The most common fee applied to SGD-EUR by Revolut, based on data from the past six months.
Fastest way to transfer money to Italy from Singapore: Wise.
Through our data, we found Wise to be the fastest option for sending money from Singapore into Euro in 100% of occasions. For fast SGD to EUR money transfers, Wise comes highly recommended.
Singapore to Italy transfers with Wise have an average fee of 1.42 SGD.
To test that Wise was the 'fastest' option we compared 8 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.
Transferring large sums of money
Of the 8 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 0.7115 EUR per Singapore Dollar.
Finding a provider offering an exchange as close to 0.7115 as possible will ensure more Euro received when transferring.
For context, the SGD-EUR mid-market rate for the past three months has averaged 0.6906 EUR per Singapore Dollar. This includes a high of 0.7073, and low of 0.6835.
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. Revolut currently offers the lowest fees on transfers to Italy from Singapore, averaging 0 SGD over the last 6 months. 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.
Over the last six months, the average numbers are:
The exchange rate from SGD to EUR averaged 0.6906 EUR.
The highest value recorded was 0.7073 EUR, while the lowest was 0.6835 EUR.
8 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 Revolut for transfers from Singapore to Italy, will mean being able to send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Revolut is the cheapest provider for bank transfers of the 8 we compared for transfers from SGD to Italy.
To send money from Singapore to Italy, Revolut has an average fee of 0 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 8 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card money transfers from Singapore to Italy, emerges as our top choice of the 8 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 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
