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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 91.1% of United States to Singapore searches, and was the top rated company out of 14 that support USD to SGD.
So for a great mix of cost, speed & features, make your United States to Singapore transfer using Wise.
How to get the best deal on your United States to Singapore transfer
Summary of recent searches
Important things to consider before sending money from United States to Singapore
Don't settle for the first option. Always compare ways to send money from United States to Singapore to find out about fees, speed, and reliability.
Our analysis included 14 providers that operate between United States and Singapore.
Through this, you get a comprehensive view of all the options you have in United States when you need to send money to Singapore.
Cheapest way to send money to Singapore from United States: OFX
Data collected over the past six months show that OFX is % cheaper than the second-best option.
The $0.66 transfer cost represents the most common fee for USD to SGD international transfers, based on data from the past six months.
If you want to secure the best rates on a USD to Singapore transfer, make sure you pick OFX to send your money online.
*The most common fee applied to USD-SGD by OFX, based on data from the past six months.
Fastest way to send money from United States to Singapore: Wise
Our data shows that Wise came up as the fastest way to send money from United States to Singapore in 44.9% of searches. This makes them well suited to urgent USD to SGD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from United States to Singapore - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Singapore from United States in 44.9% 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 USD from United States 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 United States to Singapore
When calculating the costs of money transfers between United States and Singapore, here's what really matters:
The Mid-Market Rate: Today, the USD-SGD mid-market rate equals to 1.36093 SGD per US Dollar. Keep in mind that this rate fluctuates all the time.
The USD-SGD average exchange rate of the past three months has been 1.3499 SGD per US Dollar, with a high of 1.3742 and a low of 1.3225.
Fees and Markups: That's where Wise shines, combining the best of both worlds: excellent USD to SGD rates that are only -0.03% away from the average.
How to find the best exchange rate for US Dollar to Singapore Dollar
Timing is essential sending money between USD and SGD. The exchange rate you secure impacts how much SGD you get for your USD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from USD to SGD has seen some fluctuation. On average, it stood at 1.3499.
During this period, the highest value recorded was 1.3742, while the lowest was 1.3225.
Wise, which is our recommended service to send money online from United States to Singapore offers an exchange rate that is only -0.02% above the mid-market rate.
Want to secure the best USD-Singapore Dollar exchange rates?
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Payment methods available to fund your United States to Singapore transfer
Bank transfers
Bank transfers are often the default option for sending money from United States to Singapore.
By using a money transfer company such as OFX for transfers from United States to Singapore, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, OFX is the cheapest provider for bank transfers from the 14 we tested when sending USD to Singapore.
With an average fee of USD0 to send money from United States to Singapore, OFX offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from United States to Singapore with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from United States to Singapore, competing among a total of 14 active money transfer companies on this route. They consistently rank at the top in this category.
Credit cards
When it comes to credit card transfers from United States to Singapore, Instarem emerges as our top choice of the 14 companies offering this service.
Our comparison engine's last six months of data on USD to SGD searches show Instarem has been ranked as the cheapest provider.
Fee alert: 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 Singapore and United States.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 United States to Singapore .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD to SGD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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