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Sending money to Singapore from Hong Kong

Hong Kong
Top Provider
Amount Received
By Bank Transfer
Fees: HK$25.00
Rate: 0.16930
Payment Options
Debit Card
Credit Card
Bank Transfer
Key Features
First 3 Transfers Free - use the code 3FREE
Cash pickup to over 170,000 locations
90% transfers completed in minutes
No domestic transfers
Amount Received
By Bank Transfer
Fees: HK$7.50
Rate: 0.17401*
Payment Options
Bank Transfer
2 Days
Debit Card
2 Days
Key Features
Fast and Reliable Service
Low Cost
Current Mid-Market Rate: 1 HKD = 0.174007 SGD
* Some rates may be indicative.


Singapore is a city-state in South-East Asia best known for its reputation as the global business hub of the Asia Pacific region. Compared to its neighbours Malaysia and Indonesia, Singapore is tiny; made up of 60 small islets and one larger, diamond-shaped main island. The main island of Singapore covers 728.3 km², approximately 0.01% the size of the United States. 

Singapore’s official currency is SGD and has been since 1965, following the breakdown of Malaysia and Brunei’s monetary union. However, the Currency Interchangeability Agreement of 1967 established a reciprocal agreement between the countries whereby the Brunei dollar became interchangeable with the Singapore dollar, accepted as “customary tender”. The same rules apply when using SGD in Brunei. 

With one of the most stable economies in the world, the SGD is one of the best-performing currencies and the currency’s highest performances to date were recorded after the financial crisis. As a thriving business centre with a stable housing market, Singapore has become a popular destination for offshore investors and millions of international money transfers are sent to the country every year.

Choosing the best service provider

When considering how to send money Singapore from Hong Kong there are some key aspects of the transfer to consider. 

The cheapest provider we found is Instarem at % Above Mid-Market Rate.

If you’re looking for the best combination of price, speed, and reliability we recommend using WorldRemit when transferring HKD to SGD.

This means that by using WorldRemit for online money transfers to Singapore from Hong Kong, you are likely to save on transfer fees and benefit from fast speeds – so your recipient will get more money and have it delivered in less time.

Alternatively, if you are unable to access WorldRemit for any reason, our comparison engine has found Instarem also to be very good options when sending HKD – SGD.

This recommendation was updated one minute ago.

The cheapest way to send money from Hong Kong to Singapore

In order to avoid high fees, you should consider the cheapest way to send from Hong Kong to Singapore.  

Instarem has been determined by our comparison engine to be currently offering you the cheapest rates possible.

Get the Best Rate and Sign Up for Rate Alerts Hong Kong to Singapore

The fastest way to send money from Hong Kong to Singapore

When sending money from Hong Kong to Singapore, speed is one of the biggest factors you need to consider in terms of the service offered by different money transfer providers. Currently, WorldRemit is the fastest way to send HKD – SGD.

What payment methods are available when sending money from Hong Kong to Singapore?

Most money transfer providers allow you to deposit and send money using various payment methods, but not all providers offer every option. Typically you’ll find the most common methods are bank transfers and card payments, but many providers also accept cash and some will even deliver funds straight to your recipient’s door.

Sending money to Singapore from Hong Kong using credit card

To avoid high fees you can opt to use an online money transfer provider such as WorldRemit to pay for your transfer to Singapore.

Sending money to Singapore from Hong Kong using a debit card

With WorldRemit you can send money online to Singapore using your debit card. But before making a payment, make sure you understand all the processing fees in place. 

Using a wire transfer to send money from Hong Kong to Singapore

Bank and wire transfers are the most common ways of sending money Singapore as they are secure, reliable, and convenient. However, they often come with the slowest delivery times in case speed is an important factor for you. You can use WorldRemit to send money using a bank or wire transfer at a great rate as long as you’re happy for your transfer to take 1-2 days.

When sending money to Singapore from Hong Kong using bank account transfer you are paying for the outgoing fees, flat fees, currency exchange rate markup, and sometimes an additional incoming transfer fee.

On the other hand, you usually only pay a sender fee and a small exchange rate markup when using online money transfer services such as WorldRemit and Instarem.

Considerations for a HKD – SGD Currency Transfer

Before sending money to Singapore from Hong Kong, you should consider the following:

  1. The amount you want to transfer: It is likely that the more money you send to Singapore the more value you will get and more SGD the recipient will receive. This is because any flat fee charged ends up as a smaller percentage of your transfer amount, and also because many providers allow you to negotiate a better exchange rate margin if sending large amounts.
  2. The HKD – SGD exchange rate margin: Money transfer providers charge a small percentage on top of the mid-market exchange rates in order to generate revenue. Current mid market rate is 0.174007 and the lowest exchange rate margin is currently offered by WorldRemit at % above the mid market rate.
  3. Hidden fees & charges: Before sending money to Singapore, make sure the provider you are using doesn’t charge any hidden fees. Our reviews of the top ranked providers WorldRemit, Instarem and will give insight here.

How to send money from Hong Kong to Singapore at the best rate?

This one’s easy. Simply use our comparison table above to find the best provider to send HKD to SGD. 

After that it’s just a process of making your transfer via the following steps:

  1. Click “Visit Site” inside our comparison table
  2. Register for an account if required
  3. Input how much you are willing to send
  4. Fund your transfer
  5. Receive & save an email confirming your transfer

How to receive transfers from HKD to SGD in Singapore?

Your recipient has a few methods available to receive your money in Singapore. These will vary between providers, but it is possible to find services that will:

If your recipient is going to collect or have the money delivered to them in Singapore, then they will usually need the following:

How much money can be transferred from Hong Kong to Singapore?

However, the amount of SGD you can receive from Hong Kong will largely depend on the money transfer service you are using. There are providers that specialise in smaller remittance payments, and providers who specialise in larger transfers. 

You should also check if there are any government regulations pertaining to the amount of SGD that can be received in Singapore or sent from Hong Kong before making your transfer.

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