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Best way to send: Wise
We tested & reviewed 10 money transfer companies offering services between India and Singapore, and Wise scored highly.
In total, Wise appeared in 61.7% of India to Singapore searches, and was the top rated company out of 10 that support transfers into Singapore Dollar.
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 10 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
On average, Currencies Direct fees were 0* INR per transfer and customers would expect an exchange rate between INR-SGD that is 0.57% different to the mid-market rate
Against the others tested, Currencies Direct is 0.5% cheaper than the second-best option.
To secure a cheap way to transfer INR to Singapore, Currencies Direct is our recommendation.
*The most common fee applied to INR-SGD by Currencies Direct, based on data from the past six months.
Fastest money transfers to Singapore from India: Currencies Direct.
Through our comparison, we found Currencies Direct to be the fastest option for sending Indian Rupee to Singapore Dollar 35.2% of the time. For fast transfers between INR and SGD, Currencies Direct is a great option.
When sending money from India to Singapore, Currencies Direct has an average fee of 0 INR. Although we would recommend comparing the amount you want to send.
When testing the fastest options, we compared the 10 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
Wise offers the strongest all round option for large transfers of the 10 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Singapore Dollar to Singapore Dollar.
As such, opt for Wise for sending large sums of money to Singapore from India.
Understanding the cost of transferring money to Singapore from {countryFromName}}
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 0.0158 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 three months the INR-SGD mid-market rate has had a high of 0.0163, a low of 0.0153 and averaged 0.0159 SGD per Indian Rupee.
Across the 10 companies compared, the best exchange rate is with Wise.
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 at an average of 0 INR per transfer over the last 6 months, offers the lowest fees overall. 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 six months, the interbank rate from INR to SGD has seen some fluctuation. On average, it has been 0.0159.
During this period, the highest value level was 0.0163, with a low of 0.0153.
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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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 10 we tested when sending INR to Singapore.
Currencies Direct has an average fee of 0 INR for money transfersfrom 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 10 active money transfer companies on this route.
Credit cards
is our top choice of the 10 companies offering credit card transfers from India to Singapore.
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 document.
Money transfer company reviews
