Cheapest way to send money to Singapore - Fees and Charge Rates

Currency Solutions
FCA Regualted: Not FCA Regulated
Margin Rate: 1%
100,000 gets you: 99,000
HiFX
FCA Regualted: FCA Regulated
Margin Rate: 5%
100,000 gets you: 95,000
Moneycorp
FCA Regualted: FCA Regulated
Margin Rate: 0.50%
100,000 gets you: 99,500
Interchange FX
FCA Regualted: Not FCA Regulated
Margin Rate: 2%
100,000 gets you: 98,000
KBRFX
FCA Regualted: FCA Regulated
Margin Rate: 0.3%
100,000 gets you: 99,700

Send money to Singapore from London

Coinstar Money in Singapore

Coinstar Money transfer is a system of money transfer which allows you to make payments within the country and the transfer time is merely 3-5 minutes. There is a Coinstar money transfer control number which is provided by the receiver to the bank when there is a need for transfer to be done, and after that is processed, the money goes through.

There has also been an integrating effort by CMT Transfer systems to bring in the sale of insurance products in bank networks due to connecting insurance companies as well. This makes your transactions easy and super fast. Not only that, CMT has reached global reach as it has tied up with BSS Global in a joint venture to provide services for its users, which makes it a trusted companion with your money issues.

The best part about this kind of transfer is that you can even send a message as you're sending money, to whoever you're sending money using CMT. There are, however, some restrictions that one needs to follow such as the sum should not exceed more than $5000 and its equivalent in any currency depending on the country where you're operating from. In Singapore, you can send money in three currencies, which are namely USD, Singapore Dollars, and Euro.

In Singapore, CMT transfer can be done through this cities using a variety of banks. The main bank which operates heavily on CMT is National Bank of Singapore and Money authority of Singapore, however many other banks are also available to carry out transactions for CMT. They can even be done through Ameritech Exchange Remittance, in three branches that are Broadway Hotel, Balestier Branch, and Orchard Branch. Banks are shut on Sundays, which is one of the slight restrictions under which a sender can't send money on a weekend, other than that the process is fairly simple.

A major reason why it is the best way to transfer money is that it is economical, it saves up on a lot of transfer costs which banks and other forms of payments take and it's very secure. This is definitely something worth investing your time for.

 

Transfer from Singapore to UK

No stress?
Instant transfers via an online exchange broker are one of the safest ways to transfer money to Singapore. The whole process from start to finish is incredibly secure and you can rest assured that none of your personal information will find its way into the wrong hands. This is something that many people who send funds online are concerned about.

No hassles?
Setting up an online account of an exchange broker is totally hassle free. There are not many forms to fill in and in most cases an account can be set up in less than 30 minutes. As soon as you have set up your new account with an exchange broker you are able to arrange a money transfer to Singapore whenever you wish to. As soon as you've sent the first transfer you can then go back time and time again and send more money to your recipient. By using an online broker you can also check the currency rate Singapore dollars are being sold at. However you may wish to know that the Brunei dollar is also legal tender in Singapore, so you may wish to send its currency instead, the choice is yours.

No waiting?
Another aspect of a currency transfer to Singapore that makes it stress free is that there is absolutely no waiting period for your recipient. In other words they can access the funds that you have sent almost instantly. So if your recipient needs money in a hurry a simple and straightforward money transfer is the ideal way to achieve this without any stress or worry.