How to send money to Singapore from India with the best INR-SGD rate
Compare the best ways to send money from India to Singapore. Find the cheapest, fastest, and most reliable providers with the best INR to SGD exchange rates.
Explore the best deals, read expert information, and discover all you need to send money to Singapore from India.
Transferring the other way? Send SGD from Singapore to India instead.
"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."
"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."
"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."
"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."
"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."
Best way to send: Wise
We tested & reviewed 2 money transfer companies offering services between India and Singapore, and Wise scored highly.
Sending 600,000 INR to Singapore Dollars will cost you ₹7197.4 in fees, and you will receive 8,494.33 SGD. The delivery time is next day.
So for a great mix of cost, speed & features, make your India to Singapore transfer using Wise.
How to send money from India to Singapore
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you get the best rates on converting into Singapore Dollar from India.
Choose a provider
Select the provider offering the best way to send to Singapore based on your needs.
Click, sign up & send
Follow the steps & make your transfer. Your Singapore Dollar will soon be on their way to Singapore.
Summary of recent searches
Considerations ahead of sending money from India to Singapore
A comparison of providers offering services between India and Singapore, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 2 providers that provide services for sending Indian Rupee to Singapore. This ensures you will get the best options for your transfer to Singapore from India.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from India to Singapore.
Cheapest way to send money from India to Singapore: Currencies Direct
Currencies Direct fees are 0 INR per transfer and you can expect an exchange rate between INR-SGD that is -0.49% different to the mid-market rate
Against the others tested, Currencies Direct is 1.69% cheaper than the second-best option.
To secure a cheap way to transfer INR to Singapore, Currencies Direct is our recommendation.
Fastest money transfers to Singapore from India: Currencies Direct.
With Currencies Direct , the transfer time to Singapore is minutes - 24 hours, with a 0 INR transfer fee (based on ₹600,000 transfer)
When testing the fastest options, we compared the 2 money transfer providers offering India to Singapore transfers for overall speed. This included transfer times to after depositing Indian Rupee to a money transfer account.
When you want the fastest way to send, Currencies Direct is our recommended choice for India to Singapore transfers.
Send large sums of money abroad with Currencies Direct
From the 2 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Singapore from India.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Singapore Dollars to Singapore Dollar.
As such, we recommend Currencies Direct for large Singapore transfers.
Understanding the cost of transferring money to Singapore from India
Fees and exchange rates make up the total cost of sending money from Singapore to Singapore. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current INR-SGD mid-market rate is 0.0143 SGD per Indian Rupee. You will get more Singapore Dollar for your Indian Rupees if you find a provider close to this number.
For context, over the last 7 days the INR-SGD mid-market rate has had a high of 0.0144, a low of 0.0143 and averaged 0.0144 SGD per Indian Rupee.
Across the 2 companies compared, the best exchange rate is with Currencies Direct.
Unless fees are unusually high, the exchange rate you receive on converting INR to SGD will be the biggest determining factor when working out the cost of transferring Indian Rupees to Singapore.
Fees: Transfer fees are charged as part of the transfer. Currencies Direct charges the lowest fee of 0 INR at the moment. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Singapore Dollar eventually received in Singapore. You can assume that a lower cost of sending from India will result in more money received in Singapore.
Getting the best exchange rate for Indian Rupee to Singapore Dollar
Tracking the mid-market rate can make a huge difference when sending money INR to SGD. The exchange rate you secure impacts how much SGD you get for your INR.
Here's some data on recent trends in the mid-market rate.
Over the past 7 days, the interbank rate from INR to SGD has seen some fluctuation. On average, it has been 0.0144.
During this period, the highest value level was 0.0144, with a low of 0.0143.
Wise, which is our recommended service to send money online from India to Singapore offers an exchange rate that is only 0.2% above the mid-market rate.
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India to Singapore money transfer payment methods
Bank transfers
Bank transfers are often the best payment method for money transfers from India to Singapore.
A money transfer company like Currencies Direct offer bank transfers between India and Singapore with lower fees and better exchange rates than you would get from a traditional bank.
On average, Currencies Direct is the cheapest provider for bank transfers of the 2 we tested when sending INR to Singapore.
Currencies Direct has a fee of 0 INR for money transfers from India to Singapore. Overall, they offer a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Singapore with a debit or a prepaid card is very simple with .
is a leader in debit card payments for transfers from India to Singapore, competing among a total of 2 active money transfer companies on this route.
Credit cards
Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.
We recommend using a bank transfer or a debit card transfer if you can; otherwise, .
Fee alert: using a credit card to transfer money can result in a fee being charged by your card issuer as it is considered as a cash advance. 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 Singapore and India.
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 India to Singapore.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to SGD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Related transfer routes
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Tools & resources
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