Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Singapore to Taiwan searches, and was the top rated company out of 3 that support SGD to TWD.
So for a great mix of cost, speed & features, make your Singapore to Taiwan transfer using Wise.
How to get the best deal on your Singapore to Taiwan transfer
Important things to consider before sending money from Singapore to Taiwan
Don't settle for the first option. Always compare ways to send money from Singapore to Taiwan to find out about fees, speed, and reliability.
Our analysis included 3 providers that operate between Singapore and Taiwan.
Through this, you get a comprehensive view of all the options you have in Singapore when you need to send money to Taiwan.
Cheapest way to send money to Taiwan from Singapore: Wise
Data collected over the past six months shows that Wise is 0% cheaper than the second-best option.
The $4.85 transfer cost represents the most common fee for SGD to TWD international transfers, based on data from the past six months.
If you want to secure the best rates on a SGD to Taiwan transfer, make sure you pick Wise to send your money online.
*The most common fee applied to SGD-TWD by Wise, based on data from the past six months.
Fastest way to send money from Singapore to Taiwan: Wise
Our data shows that Wise came up as the fastest way to send money from Singapore to Taiwan in 69.6% of searches. This makes them well suited to urgent SGD to TWD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Singapore to Taiwan - 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 Taiwan from Singapore in 69.6% 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 SGD from Singapore to Taiwan, it’s the provider that will keep you safe and relaxed while your money moves into TWD.
Understanding the costs involved when moving money from Singapore to Taiwan
When calculating the costs of money transfers between Singapore and Taiwan, here's what really matters:
The Mid-Market Rate: Today, the SGD-TWD mid-market rate equals to 23.919397 TWD per Singapore Dollar.
The SGD-TWD average exchange rate for the past three months has been 23.6051 TWD per Singapore Dollar, with a high of 23.9348 and a low of 23.2933.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from SGD to TWD.
How to find the best exchange rate for Singapore Dollar to New Taiwan Dollar
Timing is essential for sending money between SGD and TWD. The exchange rate you secure impacts how much TWD you get for your SGD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from SGD to TWD has seen some fluctuation. On average, it stood at 23.6051.
During this period, the highest value recorded was 23.9348, while the lowest was 23.2933.
Wise, which is our recommended service to send money online from Singapore to Taiwan offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best SGD-New Taiwan Dollar 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 Taiwan!
Payment methods available to fund your Singapore to Taiwan transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Taiwan 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 Taiwan.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SGD to TWD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.