Companies for transfers from Singapore to Sri Lanka
"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."
"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."
"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."
"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."
"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."
"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."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
"Send money to over 40 destinations online and in the mobile app."
Overall best way: Wise
We tested & reviewed 6 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 100% of Singapore to Sri Lanka searches, and was the top rated company supporting payments Singapore into Sri Lank Rupee.
So for a great mix of cost, speed & features, make your Singapore to Sri Lanka transfer using Wise.
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How to send money from Singapore to Sri Lanka
Considerations ahead of sending money from Singapore to Sri Lanka
A comparison of providers offering services between Singapore and Sri Lanka, 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 6 providers that provide services for sending Singapore Dollar to Sri Lanka. This ensures you will get the best options for your transfer to Sri Lanka from Singapore.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Singapore to Sri Lanka.
Cheapest way to send money from Singapore to Sri Lanka: Revolut
Our data shows, over the past six months, that Revolut is 0.5% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 0* SGD and a SGD-LKR exchange rate for international transfers that is 0.2% different to the mid-market rate.
Securing the best rates on a SGD to Sri Lanka transfer can be done with Revolut but you can always search for your specific amount.
*The most common fee applied by Revolut when sending SGD-LKR, based on data from the past six months.
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Fastest way to transfer money to Sri Lanka from Singapore: Wise.
Through our data, we found Wise to be the fastest option for sending money from Singapore into Sri Lank Rupee in 100% of occasions. For fast SGD to LKR money transfers, Wise comes highly recommended.
Singapore to Sri Lanka transfers with Wise have an average fee of 7.3 SGD.
To test that Wise was the 'fastest' option we compared 6 providers. With this, we compared overall speed of sending money from Singapore to Sri Lanka made up of depositing Singapore Dollars, to a money transfer account and transfer times to Sri Lanka.
When sending at speed is a priority, Wise is our recommended choice for sending into Sri Lanka from Singapore.
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Transfer a large amount of money
Wise is the best rated company for sending large amounts of Sri Lank Rupee to Sri Lanka out of 6 companies offering the service.
Whether for a property purchase, or for business, sending large amounts of money to Sri Lanka from Singapore has the potential to be very expensive.
Wise is our choice for big transfers to SGD because of all round price, speed and management when making large transfers.
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Understanding the cost of sending money from Singapore to Sri Lanka
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Singapore to Sri Lanka.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Sri Lank Rupee for your Singapore Dollar. The current SGD-LKR mid-market rate is 220.5305 LKR per Singapore Dollar.
This rate changes regularly so it can pay to track it. For comparison, the SGD-LKR mid-market rate for the past three months has averaged 216.4087 LKR per Singapore Dollar, with a low of 216.4087 and a high of 216.4087.
Wise is currently offering the best exchange rate from the 6 companies compared.
Often the SGD-LKR exchange rate you pay is the biggest cost factor when transferring Singapore Dollars to Sri Lanka.
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 Sri Lanka. Revolut currently has the lowest fees for transfers into LKR 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 Sri Lank Rupee is the biggest indicator of the total cost of sending money to Sri Lanka from Singapore. The bigger the amount received in Sri Lanka, the lower the overall cost of sending from Singapore.
How to find the best exchange rate for Singapore Dollar to Sri Lank Rupee
Timing is essential for sending money between SGD and LKR. The exchange rate you secure impacts how much LKR you get for your SGD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from SGD to LKR has seen some fluctuation. On average, it stood at 216.4087.
During this period, the highest value recorded was 216.4087, while the lowest was 216.4087.
Wise, which is our recommended service to send money online from Singapore to Sri Lanka offers an exchange rate that is only 0.12% above the mid-market rate.
Want to secure the best SGD-Sri Lank Rupee exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Singapore to Sri Lanka!
How to pay for money transfers between Singapore and Sri Lanka
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Sri Lanka 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 Sri Lanka.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SGD to LKR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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