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How to send money to Thailand from Singapore

Get the best deals when you transfer from Singapore to Thailand. Find the cheapest, fastest, and most reliable providers with the best SGD to THB exchange rates.

Read on for analysis on the best ways to send money to Thailand from Singapore.

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Companies for transfers from Singapore to Thailand

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%

"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%

"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 best option: Wise

Wise is our recommended company for sending money to Thailand from SGD.

Of the 15 companies that support SGD to THB, Wise offered the best combination of cost and speed.

Overall, Wise appeared in 100% of Singapore to Thailand searches, consistently scoring as one of the best ways to send SGD to THB.

So for a great mix of cost, speed & features, send Singapore Dollars to Thailand using Wise.

Screenshot

How to send money from Singapore to Thailand

Summary of recent searches

Top rated for transfers from Singapore to Thailand
Wise
Total number of SG - TH providers
15
Average cheapest fees & rate
Ria Money Transfer
Average fastest transfer
Wise
Average transfer time
Within minutes
Best for bank transfers
Ria Money Transfer
Best for debit card
Wise
Best for credit card
Wise

Considerations for money transfers from Singapore to Thailand

1
Compare providers

Comparing providers offering services between Singapore and Thailand, based on your specific needs is the best way to send money with confidence.

Our comparison includes 15 companies that provide the ability to send Singapore Dollar to Thailand.

This ensures you get the best options for transfers to Thailand from Singapore, based on the amount you want to send.

2
Watch the Singapore Dollar-Baht exchange rate
3
Choose the right payment method
4
Use providers regulated in Thailand and Singapore
5
Consider transfer limits
6
Receiving money in Thailand
7
Have your ID ready
8
Tax declarations

Cheapest way to transfer money to Thailand from Singapore: Ria Money Transfer

Ria Money Transfer offers a combination of the lowest fees and best exchange rates - making it the cheapest transfer service for sending Singapore Dollar to Thailand.

Of the 15 providers compared, data shows that Ria Money Transfer is -3.2% cheaper than the second-best option.

The is cost is made up of an average SGD-THB exchange rate that is 2.8% different to the mid-market rate and an average fee of 4* SGD.

If you want to secure the best rates on a SGD to Thailand transfer, Ria Money Transfer will result in the most Baht received.

*The most common fee applied to SGD-THB by Ria Money Transfer, based on data from the past six months.

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

We tested 15 companies offering transfers from Singapore to Thailand and Wise offered the quickest option.

Wise was the quickest way to send Singapore Dollar to Baht in 75% of searches. For fast transfers between SGD and THB, Wise comes highly recommended.

When using Wise to send money from Singapore to Thailand you can expect an average fee of 6.8 SGD. Although we would recommend comparing the amount you want to send.

When testing the 'fastest' options we compared 15 money transfer providers. To test overall speed of sending money from Singapore to Thailand we included the timeframe for depositing Singapore Dollar to a money transfer account and average transfer times to Thailand.

When sending money to Thailand from Singapore quickly is a priority, Wise is our recommended choice.

Screenshot

Sending a large amount of money?

For big transfers from Singapore to Thailand, competitive pricing & strong customer service are essential.

Of the
15 providers compared, Wise is the best rated for higher transfer amounts.

Sending large amounts of money can be expensive, and while Wise may not always be the fastest or cheapest way to send money from Singapore to Thailand, it's a great provider for things like buying or selling property.

Understanding the cost of sending money from Singapore to Thailand

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

The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Baht for your Singapore Dollar. The current SGD-THB mid-market rate is 25.071 THB per Singapore Dollar.

  • This rate changes regularly so it can pay to track it. For comparison, the SGD-THB mid-market rate for the past three months has averaged 25.6601 THB per Singapore Dollar, with a low of 25.5298 and a high of 25.8353.

  • Wise is currently offering the best exchange rate from the 15 companies compared.

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

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 Thailand. Ria Money Transfer currently has the lowest fees for transfers into THB at an average of 4 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 Baht is the biggest indicator of the total cost of sending money to Thailand from Singapore. The bigger the amount received in Thailand, the lower the overall cost of sending from Singapore.

Track the exchange rate for Singapore Dollar to Baht

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

Mid-market Rate
1 
=
25.070979 
THB

Over the last six months, the average numbers are:

  • The exchange rate from SGD to THB averaged 25.6601 THB.

  • The highest value recorded was 25.8353 THB, while the lowest was 25.5298 THB.

  • 15 providers currently offer transfers between Singapore and Thailand close to this rate

Want to secure the best SGD-Baht exchange rates?

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Payment methods available to fund your Singapore to
Thailand transfer

  • Bank transfers

    Bank transfers are often the default option for sending money from Singapore to Thailand.

    By using a money transfer company such as Ria Money Transfer for transfers from Singapore to Thailand, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


    On average, Ria Money Transfer is the cheapest provider for bank transfers from the 15 we tested when sending SGD to Thailand.

    With an average fee of SGD4 to send money from Singapore to Thailand, Ria Money Transfer offers a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

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


    Wise is a leader in debit card payments for transfers from Singapore to Thailand, competing among a total of 15 active money transfer companies on this route.

  • Credit cards

    When it comes to credit card transfers from Singapore to Thailand, Instarem emerges as our top choice of the 15 companies offering this service.

    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 Thailand 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 Thailand.


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


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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How long does it take to send money from Singapore to Thailand?
What is the best exchange rate I can get for sending money from Singapore to Thailand?
Are there any minimum or maximum transfer amounts for sending money from Singapore to Thailand?
Can I schedule regular transfers between Singapore and Thailand?

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.