MoneyTransfers
/Send money/To Spain/From Singapore

Find the best ways to transfer money from Singapore to Spain

Compare the best deals on transfers from Singapore to Spain. Explore the cheapest, fastest, and most reliable providers with the best SGD to EUR exchange rates.

Read on for the insights and in-depth analysis, and all you need to send money to Spain from Singapore.

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Companies for transfers from Singapore to Spain

Sponsored - Online

"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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%
Sponsored - Managed Service

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.2% - 0.7%

"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."

Fees
0.3% - 1%
Transfer Speed
Minutes - 5 days
Exchange Rate Markup
0.1% - 0.6%

"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"Key Currency offers a personal service with a dedicated account manager. There are no transfer limits or fees which is perfect for larger send amounts."

Fees
None
Transfer Speed
Minutes - 3 days
Exchange Rate Markup
0.1% - 0.6%

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Fees
$1.99 - $2.99
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.3% - 2.1%

"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.15% - 1.5%

"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."

Fees
None
Transfer Speed
Minutes - 3 days
Exchange Rate Markup
0.1% - 1.3%

"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."

Fees
None
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
1% - 2%

"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."

Fees
No fees
Transfer Speed
0-5 days
Exchange Rate Markup
0.5% - 1.2%

"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."

Fees
£/€/$3 - 5
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1 - 2%

"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."

Fees
None
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.5% - 2%

Overall top choice: Wise

Wise is the best way to transfer Singapore Dollar into Euro.

Of the 17 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.

Over the last six months, Wise appeared in 100% of searches for transfers between Singapore and Spain.

When sending money from Singapore to Spain, using Wise in a great option.

Screenshot

How to send money from Singapore to Spain

Summary of recent searches

Top rated for transfers from Singapore to Spain
Wise
Total number of SG - ES providers
17
Average cheapest fees & rate
Revolut
Average fastest transfer
Wise
Average transfer time
Within minutes
Best for bank transfers
Revolut
Best for debit card
Wise
Best for credit card
Wise

Considerations to make sending money from Singapore to Spain easy

1
Compare providers

Comparing the different providers offering services between Singapore and Spain, is the best way to send money with confidence.

The 17 providers we've compared ensures you will get the best options for your transfer to Spain from Singapore. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.

Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring Singapore Dollar to Spain.

2
Exchange rates between Singapore Dollar-Euro
3
Choose the right payment method
4
Financial regulation in Singapore and Spain
5
Consider transfer limits
6
Receiving money in Spain
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to Spain from Singapore: Revolut

Of the 17 providers compared, Revolut is the cheapest option for sending money over the last six months.

The cost is a combination of an average fee of 0* SGD and an exchange rate for converting Singapore Dollar to Euro that is 0.05% different to the mid-market rate.

On average, Revolut is 0.3% cheaper than the second-best option.

We would recommend Revolut for low cost, affordable transfers from Euros to Spain.

*The most common fee applied to SGD-EUR by Revolut, based on data from the past six months.

Screenshot
Screenshot
Screenshot

Fastest way to transfer money to Spain from Singapore: Wise.

Of 17 companies compared, Wise offers the quickest way to send Singapore Dollars to Spain.

Through our data, we found Wise to be the fastest option for sending money from Singapore into Euro in 75% of occasions. For fast SGD to EUR money transfers, Wise comes highly recommended.

Singapore to Spain transfers with Wise have an average fee of 18.83 SGD.

To test that Wise was the 'fastest' option we compared 17 providers. With this, we compared overall speed of sending money from Singapore to Spain made up of depositing Singapore Dollars, to a money transfer account and transfer times to Spain.

When sending at speed is a priority, Wise is our recommended choice for sending into Spain from Singapore.

Screenshot

Transfer a large amount of money

To transfer large sums of money from Singapore to Spain, opt for a provider with a competitive exchange rate and hands on management.

Wise is the strongest option for large transfers of the
17 money transfer companies tested.

Whatever the reason is for the transfer, sending large amounts of money from Singapore to Spain can become expensive through your bank or with the wrong provider.

Our data shows Wise as the best choice for sending large sums of money to Spain from Singapore.

Understanding the cost of sending money from Singapore to Spain

Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Singapore to Spain.

The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Euro for your Singapore Dollar. The current SGD-EUR mid-market rate is 0.7156 EUR per Singapore Dollar.

  • This rate changes regularly so it can pay to track it. For comparison, the SGD-EUR mid-market rate for the past three months has averaged 0.6966 EUR per Singapore Dollar, with a low of 0.6865 and a high of 0.7096.

  • Wise is currently offering the best exchange rate from the 17 companies compared.

  • Often the SGD-EUR exchange rate you pay is the biggest cost factor when transferring Singapore Dollars to Spain.

Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Singapore Dollar you’re sending to Spain. Revolut currently has the lowest fees for transfers into EUR at an average of 0 SGD over the last 6 months. We always recommend searching for your exact send amount for an exact fee.

Amount Received: The amount received in Euro is the biggest indicator of the total cost of sending money to Spain from Singapore. The bigger the amount received in Spain, the lower the overall cost of sending from Singapore.

Track the exchange rate for Singapore Dollar to Euro

Sending money at the right time between SGD and EUR can make a huge difference to overall cost. The exchange rate impacts how much EUR you get for your SGD.

Mid-market Rate
1 
=
0.715645 
EUR

Over the last six months, the average numbers are:

  • The exchange rate from SGD to EUR averaged 0.6966 EUR.

  • The highest value recorded was 0.7096 EUR, while the lowest was 0.6865 EUR.

  • 17 providers currently offer transfers between Singapore and Spain close to this rate

Want to secure the best SGD-Euro exchange rates?

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Payment methods for Singapore to
Spain transfers

  • Bank transfers

    Bank transfers are often the fastest option, and normally the cheapest, for sending money from Singapore to Spain.

    By opting for a money transfer company such as Revolut for transfers from Singapore to Spain, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


    On average, Revolut is the cheapest provider for bank transfers from the 17 we tested when sending SGD to Spain.

    With an average fee of SGD0 to send money from Singapore to Spain, Revolut offers a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid card payments

    Using a debit card, or prepaid option, for sending money from Singapore to Spain is easy with Wise.


    Wise is a market leader in debit card payments for transfers from Singapore to Spain, this is among a total of 17 money transfer companies compared.

  • Credit card transfers

    When it comes to sending money with a credit card from Singapore to Spain, Instarem emerges as our top choice of the 17 companies offering this service.

    Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Spain and Singapore.


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 Singapore to Spain.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SGD to EUR.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

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What is the best exchange rate I can get for sending money from Singapore to Spain?
Are there any minimum or maximum transfer amounts for sending money from Singapore to Spain?
Can I schedule regular transfers between Singapore and Spain?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.