On April 9th, our pricing will change on all transfers from SGD


We know you'll want to understand exactly how this change affects you, so we've written this post with all the information you'll need to be informed of the changes. Heads up – this post is divided into 2 general sections:

1. Why we’re changing our fees (and why they’re going down on most transfers and up on others)

2. The new fees

If you’re not very interested in the “why”, and you just want to know how the new pricing will affect your transfers, go straight to the new fees.

Why we're changing our fees

We believe sending money to another country should be as cheap as sending an email. Yes, we think it should be free.

We’re not there yet, but that’s what we’re shooting for.

Why most fees are going down

When we opened for business, we based our fees on how much transfers cost us to process.

Since then, we’ve gained a lot of customers, and they've driven our costs down on many transfer amounts and routes. At the same time, we've gotten better at what we do, and that's brought our costs down too.

We’ve used those savings to lower our fees where we can, which means most of you will be able to send money for even less.

Why some fees are going up

Unfortunately, despite our best efforts, some transfers still cost us a little more than we originally estimated.

We’ve raised our fees on those transfers to cover our costs. We know that isn't great news for the people whose fees are going up, and we're sorry about that.

We'll bring those fees back down as soon as we can. (And remember, you can always save a little money by funding your transfer with a bank transfer, rather than a card.)

The new fees

Price ChangeDescriptionRoutes Affected
Cheaper for almost all amountsTransfer to these routes are about to get cheaper for you.AED, AUD, BDT, BGN, BRL, CAD, CHF, COP, CZK, DKK, EGP, EUR, GBP, GEL, HKD, HUF, IDR, ILS, INR, JPY, KRW, LKR, MAD, MXN, MYR, NOK, NZD, PEN, PHP, PKR, PLN, RON, RUB, SEK, THB, TRY, UAH, USD, VND, ZAR
Some amounts cheaper and some more expensiveTransfer to these routes will see some prices go up, and others go down depending on how much you send.CLP, NGN
No change at all CNY, NPR, KES

To read more about transfers from SGD, visit our SGD transfers page

What is the fee for each route?

RouteOld PricingNew Pricing
SGD to AEDS$5 + 0.9%S$3 + 0.75%
SGD to AUDS$2 + 0.4%S$1.7 + 0.35%
SGD to BDTS$5 + 1.1%S$3 + 1%
SGD to BGNS$3 + 1.4%S$1.5 + 0.6%
SGD to BRLS$4 + 1.3%S$3 + 1.3%
SGD to CADS$3 + 0.4%S$1 + 0.35%
SGD to CHFS$4 + 0.4%S$2 + 0.35%
SGD to CLPS$13 + 1.4%S$5 + 1.7%
SGD to CNYS$5 + 1.5%S$5 + 1.5%
SGD to COPS$7 + 3.9%S$7 + 2.65%
SGD to CZKS$3 + 0.4%S$1+ 0.4%
SGD to DKKS$2+ 0.4%S$1+0.35%
SGD to EGPS$4 + 0.8%S$2 + 0.6%
SGD to EURS$2 + 0.4%S$1 + 0.35%
SGD to GBPS$2 + 0.4%S$1 + 0.35%
SGD to GELS$5 + 1.0%S$2 + 0.65%
SGD to HKDS$4 + 0.7%S$1.50 + 0.6%
SGD to HRKS$5 + 1.0%S$2 + 0.6%
SGD to HUFS$3 + 0.4%S$1.5 + 0.35%
SGD to IDRS$2 + 1.0%S$1.5 + 0.6%
SGD to ILSS$5 + 1.0%S$4 + 1%
SGD to INRS$2 + 0.6%S$0.5 + 0.5%
SGD to JPYS$6 + 0.9%S$3 + 0.55%
SGD to KESS$3 + 0.7%S$3 + 0.7%
SGD to KRWS$4 + 1.5%S$3 + 1.2%
SGD to LKRS$4 + 1.5%S$1.5 + 0.7%
SGD to MADS$6 + 1.0%S$4 + 1%
SGD to MXNS$3 + 0.6%S$1 + 0.6%
SGD to MYRS$3 + 0.7%S$2.5 + 0.5%
SGD to NGNS$3 + 0.5%S$1 + 0.55%
SGD to NOKS$2 + 0.5%S$1 + 0.4%
SGD to NPRS$2.5 + 1%S$2.5 + 1%
SGD to NZDS$2 + 0.5%S$1 + 0.4%
SGD to PENS$8 + 1.4%S$6 + 1.3%
SGD to PHPS$6 + 0.8%S$4 + 0.65%
SGD to PKRS$4 + 0.7%S$3 + 0.45%
SGD to PLNS$2 + 0.7%S$1 + 0.4%
SGD to RONS$4 + 0.8%S$3 + 0.5%
SGD to RUBS$6 + 1.1%S$4 + 0.8%
SGD to SEKS$2 + 0.6%S$1 + 0.35%
SGD to THBS$6 + 0.9%S$4.5 + 0.5%
SGD to TRYS$6 + 2.0%S$3 + 0.6%
SGD to UAHS$2 + 2.5%S$2 + 1.35%
SGD to USDS$3 + 0.4%S$2 + 0.35%
SGD to VNDS$7 + 1.4%S$2 + 0.8%
SGD to ZARS$25 + 0.6%S$23 + 0.55%

What about borderless accounts?

Depending on what you do in your borderless account, the fee is different:

  1. Moving balance from one currency to another within borderless has the variable fee that you would get for a normal money transfer for that route. The fixed fee isn’t included.
  2. Pay-out has only a fixed fee component, determined by the target currency.

What are the fees for using a card?

If you pay by debit card, the fee is still 1.5%.

Log in to use the calculator or check our pricing page to see how the changes will impact the transfers you make.

*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.

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