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Compare ways to send money from Singapore to Sri Lanka

Find money transfer deals for sending money from Singapore to Sri Lanka. Compare the cheapest, fastest, and most reliable providers with the best SGD to LKR exchange rates.

Read on for the best deals, expert information, and easiest ways to send money to Sri Lanka from Singapore.

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Companies for transfers from Singapore to Sri Lanka

Sponsored - Online

"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%
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%

"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%

"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%

"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%

"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%

"Send money to over 40 destinations online and in the mobile app."

Fees
$0 - $10
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.3% - 2%

Overall best way: Wise

Wise is our recommended company for transferring Singapore Dollar to Sri Lanka.

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

Summary of recent searches

Top rated for transfers from Singapore to Sri Lanka
Wise
Total number of SG - LK providers
6
Average cheapest fees & rate
Revolut
Average fastest transfer
Wise
Average transfer time
Within minutes
Best for bank transfers
Revolut
Best for debit card
Wise

Considerations ahead of sending money from Singapore to Sri Lanka

1
Compare providers

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.

2
Get ahead of the Singapore Dollar-Sri Lank Rupee exchange rate
3
Choose the right payment method
4
Financial regulation in Sri Lanka and Singapore
5
Consider transfer limits
6
Receiving money in Sri Lanka
7
Have your ID ready
8
Tax declarations

Cheapest way to send money from Singapore to Sri Lanka: Revolut

The combination of the lowest fees and best exchange rate is through Revolut. This makes them our cheapest transfer service of the 6 compared for sending Singapore Dollar to Sri Lanka.

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.

Screenshot
Screenshot
Screenshot

Fastest way to transfer money to Sri Lanka from Singapore: Wise.

Of 6 companies compared, Wise offers the quickest way to send Singapore Dollars to Sri Lanka.

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.

Screenshot

Transfer a large amount of money

For transferring bigger sums of money to Sri Lanka from Singapore, opt for a provider with a competitive exchange rate and strong account management.

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.

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.

Mid-market Rate
1 
=
220.530472 
LKR

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

  • Bank transfers

    Bank transfers are often fastest, cheapest and best way to send money from Singapore to Sri Lanka.

    Using a money transfer company such as Revolut for transfers from Singapore to Sri Lanka, will mean being able to 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 of the 6 we compared for transfers from SGD to Sri Lanka.

    To send money from Singapore to Sri Lanka, Revolut has an average fee of 0 SGD.

  • Debit cards and prepaid options

    Sending money from Singapore to Sri Lanka with a debit card or a prepaid card is very simple with Wise.


    Wise is the cheapest option for sending money with a debit card between Singapore and Sri Lanka. This is of the 6 money transfer companies offering debit card payments on this route.

  • Credit cards

    When it comes to credit card money transfers from Singapore to Sri Lanka, emerges as our top choice of the 6 companies offering this service.

    Be aware of fees: 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 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.

Money transfer company reviews

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Can I schedule regular transfers between Singapore and Sri Lanka?

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.