10 best remittance apps in Singapore: Wise, Instarem, SingX and more

💵 Zero fees on your first SGD→MYR transfer. New to Wise? Send up to SGD 1,000 using PayNow or bank transfer.
📤 Send money with $0 fees
Eligible new personal customers only. Sign up by 20 October 2026 and transfer within 30 days. T&Cs apply.

---

Sending money overseas from Singapore can be quick, but the cost is not always obvious. A low or waived fee doesn’t always mean the cheapest transfer because the exchange rate may include a margin. That can push up the price when you least expect it. Shopping around and comparing providers is the best way to find the right remittance service for your next payment.

In this guide, we’ve got 10 suggestions for the best remittance app in Singapore based on different customer needs. We'll also introduce the Wise account, a handy companion to make your money go further with low, transparent fees.

10 best remittance apps in Singapore: quick comparison

*All details correct at time of research - 13th July 2026

Wise

Best for: Digital transfers with low fees and mid-market exchange rates
Provider type: Specialist international money transfer provider

Wise lets you send money overseas from Singapore online or in the Wise app. You can send to local bank accounts in many countries, and your recipient doesn’t need a Wise account to get the money. Wise shows the exchange rate, transfer fee, and estimated delivery time before you confirm, which makes it easier to compare the total cost of your payment.

Fees and exchange rates: Low, transparent fees which vary depending on the currency route and payment method. Wise uses the mid-market exchange rate, with the transfer fee shown upfront.
Speed: Many Wise transfers are fast — 74% of transfers arrive in under 20 seconds, and 95% arrive in less than a day. Delivery time still depends on the route, payment method, and verification checks.
How to send: Sign up or log in to Wise, select Send, enter the amount and currency, add your recipient, and choose how you’d like to pay. From Singapore, SGD transfers can be paid for with a linked bank account, debit card, PayNow or your Wise account, depending on the transfer details.

---

Instarem

Best for: Speedy digital transfers with new user discounts and promotions
Provider type: Specialist remittance app

Instarem¹ is a popular provider offering international transfers to 60+ countries which may be received in minutes, or which may take a couple of days depending on the transfer details.

Fees and exchange rates: Competitive exchange rates and low fees
Speed: Instant to 2 business days, depending on the payment details
How to send: Set up an Instarem account online or in app, send digitally by adding your recipient's payment information and funding the transfer with PayNow, bank transfer, or card

---

SingX

Best for: Transfers to 180+ countries, with no fees for new users*
Provider type: Specialist remittance service

SingX² transfers can be sent online to 180+ countries, with low variable fees. The costs are usually around 0.5% for major currencies, rising to 1% for less commonly traded currencies.

Fees and exchange rates: Fees depend on currency - usually from 0.5% - 1% of the transfer amount
Speed: Payments are often received on the same day, but delivery time depends on the receiver country and banks
How to send: Sign up using Singpass or manually, and arrange your payment online before paying with a bank transfer or your SingX balance¹⁰

* This is a limited offer, valid at time of research - 13th July 2026 - which may change

---

Remitly

Best for: Cash collection payments to 175+ countries
Provider type: Specialist remittance app with global agent network

Remitly³ has a broad range of payment types, including cash collection transfers to many countries which are very helpful if you need to get money quickly to someone who can't access a bank account.

Fees and exchange rates: Variable fees and rates depending on payment type¹³
Speed: Delivery times vary - you’ll see an estimate in app when you set up your transfer
How to send: Register an account with Remitly on the app or desktop site to start making payments digitally

---

Western Union

Best for: Payments for cash collection more or less anywhere in the world
Provider type: Specialist remittance app with global agent network

Western Union⁴ serves almost all the countries and territories of the world, with pay out options including cash collection, bank and mobile money deposit. Costs and services depend on the destination country.

Fees and exchange rates: Variable fees and rates, depending on payment type and channel¹⁴
Speed: Variable delivery times based on payment details
How to send: Register an account online or in-app, to send money digitally and pay using PayNow or bank transfer

---

Revolut

Best for: Choice of account types and costs depending on frequency of payment
Provider type: International money transfer and multi-currency account service

Revolut⁵ has a choice of different account types for Singapore customers, which all offer some no fee currency exchange on weekdays, up to certain limits¹⁶ and has variable transfer fees¹⁷. Monthly account holding costs may apply.

Fees and exchange rates: Weekday exchange to plan limit using the Revolut exchange rate - beyond this, or at weekends, additional fees may apply to exchange. Transfer fees depend on the account tier you hold, as well as the transfer details¹⁶
Speed: Delivery times depend on payment details, and are shown in app when you arrange your payment¹⁸
How to send: Set up and verify your Revolut account, and arrange payments in app for deposit to your recipient’s bank account directly

---

YouTrip

Best for: Send to 40+ countries with instant delivery for some services including Duitnow, GCash, and UPI
Provider type: Digital travel wallet with additional transfer service

YouTrip⁶ is a popular local travel wallet and card, which also lets you send payments overseas digitally. Money is deposited using Duitnow, GCash, and UPI, with instant delivery in some cases.

Fees and exchange rates: Variable fees which are shown in app when you set up your payment¹¹
Speed: Instant or same day
How to send: Register with YouTrip and set up digital payments for delivery using routes such as Duitnow, GCash and UPI - pay using PayNow or linked bank account.

---

Panda Remit

Best for: Payments to Mainland China received through Alipay, Weixin and bank accounts
Provider type: Specialist remittance app

Panda Remit⁷ has a focus on payments to Mainland China but also offers transfers from Singapore to 40+ other countries. You can transfer using your phone and pay digitally or at an ATM, for delivery to a bank account in your destination country¹⁹.

Fees and exchange rates: Fees and exchange rates vary depending on the details of the payment
Speed: Delivery estimates are shown in the app when you arrange your payments, and can vary
How to send: Create a digital account and set up your payment to Mainland China or other supported country, paying with PayNow, bank transfer or by ATM¹⁹

---

Singtel Dash Remit

Best for: Transfers to 35+ countries with both digital and physical payment methods in Singapore
Provider type: Specialist remittance app with local partnerships to allow for cash payments in Singapore

Dash⁸ is Singtel's international money transfer service. The remittance service is provided by SingCash Pte Ltd, part of the Western Union Group, and is commonly used by work pass holders in Singapore to send money home.Fees and rates vary depending on payment type.

Fees and exchange rates: Fees of 2 SGD - 7 SGD depending on payment type, variable exchange rates²⁰
Speed: Delivery times vary depending on payment details and are shown in app
How to send: Create a Dash account and set up your transfer - you can pay digitally or in person at locations including 7-Eleven stores

---

MoneyGram

Best for: Online and in- person payments to 200+ countries and territories
Provider type: Specialist remittance app with global agent network

MoneyGram⁹ is a large global provider which has payment services to bank and mobile money accounts and for cash collection, more or less all over the world.

Fees and exchange rates: Variable fees and rates depending on payment type and channel
Speed: Transfer times vary but estimates are available in app or in branch before you confirm your payment
How to send: Register an account and transfer online, in app, or in a branch, with both digital and physical payment options available

---

How to choose the best remittance app in Singapore

Compare the total cost, not just the transfer fee

Bear in mind that the quoted transfer fee is only one part of the cost. Exchange rate margins can make a transfer more expensive even when the upfront fee is low, plus recipient bank, intermediary bank, or cash-out fees may apply.

To find the cheapest provider for your payment, remember to calculate the total cost looking at all possible fees:

Total cost = upfront transfer fee + exchange-rate cost + possible third-party and recipient bank fees

Check the payout method

Different providers may offer their own pay out methods which allow your recipient to get their money in the best way for their own needs. Options often include:

• Delivery to a bank account
• Delivery to a mobile wallet
• Cash pickup at a local agent
• Transfer to a payment or debit card

If your recipient prefers to get their money in one specific way, this may impact your choice of the best remittance app for your payment as not all services are supported by all providers.

Check speed for your specific route

Payment delivery times can vary from almost instant to several days, depending on the provider you pick. Most remittance services offer a delivery estimate before you confirm your transaction which allows you to compare your options.

In a hurry? For bank deposits, Wise can often offer instant or near instant payments, while cash sent through Western Union may also arrive in seconds.

Check MAS regulations

Only use properly registered and regulated services. You can verify whether a provider is regulated using the MAS Financial Institutions Directory¹².

Bank remittance apps vs specialist remittance apps

Using your bank to send a payment overseas may seem like an obvious choice, but it’s not always the cheapest or fastest. Compare the transfer fee and exchange rate available from your bank against specialist remittance apps to see which is best.

Looking at the amount your recipient gets in the end is the smartest way to compare your options, making it simple to see the full costs of both the transfer fee and any exchange rate markup applied.

Which remittance app should you choose?

There’s not one single best remittance app in Singapore, but as different services have their own features, fees and benefits, it makes sense to compare a few options before you confirm your transfer.

This guide gives you plenty to think about, from super speedy digital providers like Wise though to services which let you pay in or pay out in cash, like Western Union or Singtel Dash Remit.

Need to send money abroad? Use Wise for quick transfers at the mid-market rate

Wise international money transfers can be set up online or within the Wise app with low fees from 0.26% and the mid-market rate, to over 140+ countries. There’s no markup added to the exchange rate that’s used to convert your currency, which makes it easier to see exactly what you're paying for a transfer, and what the recipient will get in the end. Just transfer the amount indicated in SGD and let Wise do the rest.

Track your transfers easily when you create a free Wise account, and manage, hold, and convert your money in SGD and 40+ other currencies. You'll get the same great rates, and be able to track your transfers all from one place. As a bonus, you can also get 8+ local account details to be able to receive money in SGD, USD, GBP, and more.

✍️ Sign up for a free account now

---

Frequently asked questions (FAQs)

What is the best remittance app in Singapore?

The Singapore market is well served for remittance apps, so the right one for you depends on your priorities. Popular options include Wise for digital transfers with the mid-market rate, or Remitly and MoneyGram for a range of pay out options including cash collections.

What is the cheapest way to send money overseas from Singapore?

Sending money with a specialist provider rather than your bank can often be the cheapest choice, but you’ll still want to shop around and compare specialist services to find the best one for your needs. Check out options like Wise, Panda Remit, Dash and Remitly to start off your research.

Is a S$0 transfer fee really free?

Be wary of transfers which state there’s no fee - this may be a one time offer for new customers, and may also indicate that there are other costs involved in your payment, such as an exchange rate mark up. Banks and transfer services have to make money somewhere - so choosing one which has transparent pricing can make it easier to see exactly where the costs lie.

Sources used:

1. Instarem
2. SingX
3. Remitly
4. Western Union
5. Revolut
6. YouTrip
7. Panda Remit
8. Singtel Dash Remit
9. MoneyGram
10. SingX FAQ
11. YouTrip- Transfer Fees
12. MAS Financial Institutions Directory
13. Remitly- Money Transfer
14. Western Union- Send Money
15. Revolut- Pricing Plans
16. Revolut- Currency Exchange Fees and Limits
17. Revolut- Fees for Sending A Transfer
18. Revolut- Send Money to Bank
19. Panda Remit- About Page
20. Dash- FAQ