Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 69.2% of India to Singapore searches, and was the top rated company out of 5 that support INR to SGD.
So for a great mix of cost, speed & features, make your India to Singapore transfer using Wise.
How to get the best deal on your India to Singapore transfer
Important things to consider before sending money from India to Singapore
Don't settle for the first option. Always compare ways to send money from India to Singapore to find out about fees, speed, and reliability.
Our analysis included 5 providers that operate between India and Singapore.
Through this, you get a comprehensive view of all the options you have in India when you need to send money to Singapore.
Cheapest way to send money to Singapore from India: Instarem
Data collected over the past six months shows that Instarem is 0% cheaper than the second-best option.
The ₹1584.73 transfer cost represents the most common fee for INR to SGD international transfers, based on data from the past six months.
If you want to secure the best rates on a INR to Singapore transfer, make sure you pick Instarem to send your money online.
*The most common fee applied to INR-SGD by Instarem, based on data from the past six months.
Fastest way to send money from India to Singapore: CurrencyFair
Our data shows that CurrencyFair came up as the fastest way to send money from India to Singapore in 54.2% of searches. This makes them well suited to urgent INR to SGD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from India to Singapore - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, CurrencyFair is your best choice at the moment. This service emerged as the quickest way to send money to Singapore from India in 54.2% 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 INR from India to Singapore, it’s the provider that will keep you safe and relaxed while your money moves into SGD.
Understanding the costs involved when moving money from India to Singapore
When calculating the costs of money transfers between India and Singapore, here's what really matters:
The Mid-Market Rate: Today, the INR-SGD mid-market rate equals to 0.016178 SGD per Indian Rupee.
The INR-SGD average exchange rate for the past three months has been 0.0161 SGD per Indian Rupee, with a high of 0.0163 and a low of 0.0158.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from INR to SGD.
How to find the best exchange rate for Indian Rupee to Singapore Dollar
Timing is essential for sending money between INR and SGD. The exchange rate you secure impacts how much SGD you get for your INR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from INR to SGD has seen some fluctuation. On average, it stood at 0.0161.
During this period, the highest value recorded was 0.0163, while the lowest was 0.0158.
Wise, which is our recommended service to send money online from India to Singapore offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best INR-Singapore Dollar exchange rates?
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Payment methods available to fund your India to Singapore transfer
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 document.