Singapore, Singapore
Send Money from Singapore
Looking for international Money Transfers in Singapore? Globe Digital Bank connects you with WorldFirst — Send money across borders at live exchange rates, with transparent fees and delivery to bank accounts, cash pickup and mobile wallets worldwide. Set up online and get started with sending money abroad, no branch visit required.
Available in Singapore
WorldFirst operates in Singapore, so you can sign up from Singapore and get started with sending money abroad — no local bank required.
What you get with WorldFirst
- Set up recurring transfers for family support
- Track every transfer from your phone
- Bank deposit, cash pickup and mobile-wallet delivery options
- Lock in competitive FX with live rate alerts
- No hidden intermediary-bank markups
- Send money to 200+ countries at live exchange rates
Who uses this in Singapore
Overseas study & support
Fund tuition, rent or living costs across borders with transparent fees and fast delivery.
Freelancers
Receive client payments from abroad and convert to your local currency when the rate suits you.
Small businesses
Pay overseas suppliers and contractors through local rails instead of expensive wire transfers.
Singapore, Singapore
People and businesses in Singapore lose real money to hidden fees and clunky systems. Globe recommends WorldFirst for international Money Transfers because it is transparent, digital-first and quick to set up.
Singapore's money landscape, in brief
Currency
Transfers into Singapore land in Singapore dollar (SGD), so the exchange rate you lock in and the fees quoted up front are what decide how much actually arrives.
How transfers settle
FAST (Fast And Secure Transfers) provides 24/7 near-instant interbank transfers, with PayNow letting customers send SGD using just a mobile number, NRIC/FIN or company UEN, while GIRO handles recurring debits and credits and MASNET/TARGET-linked systems settle high-value payments. That matters for a transfer sent from Singapore: a provider that delivers onto the local rail typically clears faster than a routed correspondent-bank wire.
Recipient details
Singapore does not use IBAN domestically: payments are made with the bank's code plus the bank-specific account number (typically 9 to 17 digits depending on the bank), and only international SWIFT wires go outside that scheme. Getting these recipient details exactly right is the difference between a same-day delivery and a bounced-back transfer.
Regulation
Payments in Singapore are overseen by the Monetary Authority of Singapore (MAS). Banks are licensed under the Banking Act 1970 and payment or e-money providers need a Major Payment Institution or Standard Payment Institution licence under the Payment Services Act 2019. Confirm the entity in MAS's Financial Institutions Directory before trusting it with funds.
Sources: Monetary Authority of Singapore · MAS: Financial Institutions Directory · ABS: FAST and PayNow
Other options available in Singapore
Western Union
Cash Transfer Network
Money transfers to 200+ countries and territories through 600,000+ agent locations — cash pickup available worldwide.
Instarem
International Money Transfers
Fast, low-cost cross-border transfers in 60+ countries at mid-market rates, with no hidden fees and same-day delivery on major corridors.
Currencies Direct
International Money Transfers
Established currency-transfer specialist moving money in 40+ currencies with dedicated dealers, rate alerts and no transfer fees.
WorldRemit
International Money Transfers
Send money to 130+ countries from your phone — bank deposit, cash pickup and mobile-wallet delivery, with a strong Trustpilot record across 95,000+ reviews.
Remitly
International Money Transfers
Trusted global remittance app for sending money home to 170+ countries, with bank deposit, cash pickup and mobile wallet options.
CurrencyTransfer
International Money Transfers
Marketplace for international payments and FX, letting businesses and individuals compare live rates from vetted providers and lock in the best deal.
Money transfers in Singapore: FAQ
- Can I use WorldFirst for money transfers in Singapore?
- Yes. WorldFirst operates in Singapore, so a business or person based in Singapore can sign up and use it directly.
- How does money arrive in Singapore?
- FAST (Fast And Secure Transfers) provides 24/7 near-instant interbank transfers, with PayNow letting customers send SGD using just a mobile number, NRIC/FIN or company UEN, while GIRO handles recurring debits and credits and MASNET/TARGET-linked systems settle high-value payments. That matters for a transfer sent from Singapore: a provider that delivers onto the local rail typically clears faster than a routed correspondent-bank wire. Transfers settle in Singapore dollar (SGD).
- Who regulates money transfers in Singapore?
- Payments in Singapore are overseen by the Monetary Authority of Singapore (MAS). Banks are licensed under the Banking Act 1970 and payment or e-money providers need a Major Payment Institution or Standard Payment Institution licence under the Payment Services Act 2019. Confirm the entity in MAS's Financial Institutions Directory before trusting it with funds.
- Are there other money transfers options for Singapore?
- Yes. Globe lists several vetted partners in this category. WorldFirst is our lead recommendation, but you can compare the alternatives and pick what fits your situation.
- How do I get started from Singapore?
- Follow the link to WorldFirst, complete the online sign-up and verify your details digitally. Most setups are quick and require no branch visit.
Globe Digital Bank is a marketing platform, not a bank. Some links are affiliate links; Globe may earn a commission on qualifying sign-ups at no additional cost to you. Availability and features are set by each partner and may change.