Need to send money overseas? Compare the best money transfer services near you – plus a faster, more convenient alternative!
Looking for money transfer services near you in Singapore? Finding a convenient, reliable, and affordable remittance provider is essential for smooth and secure transactions. 🫱🏻🫲🏼
In this guide, we cover where you can find the most popular money transfer services in Singapore, along with information on their fees and services. Plus, we’ve thrown in a simpler alternative: a way to complete your international money transfers without even stepping out of your home!
📱 Wanna send money overseas without having to head out? Check out YouTrip’s international transfer service! Get the best exchange rates, no sneaky fees, and send money easily to 40+ countries while you’re lounging on your sofa. 🛋️ Yes, it’s that easy. ✨
Quick Comparison: Top Money Transfer Services in Singapore
Locations, fees, and convenience – who does it best? Here’s a comparison of three popular money transfer services in Singapore (plus YouTrip!):
| Money Transfer Service | Physical Locations in Singapore | Fees & Rates | Notable Info |
| Western Union | 30+ agents & branches | S$4 – S$25; FX markup applies | Strong global reach; popular for cash pickups |
| Ria Money Transfer | 40+ agents & branches | S$3 – S$12; FX markup applies | Affordable option for Asia corridors; strong migrant base |
| SingX | One office available for assistance on an appointment-only basis | Mid-market rate; 0.25 – 1% fee | Bank-to-bank remittance with good user reviews; no cash pickup available |
| YouTrip | None – fully digital (via the YouTrip app!) 📱 | Fees vary; wholesale FX rates with no markups | Convenient app-based online transfers; competitive rates & low, transparent fees |
Note: Transfer fees typically vary depending on destination and transfer amount, and exchange rates fluctuate daily. Double-check with the service provider to get the most accurate information!
Locations of Money Transfer Services in Singapore
Western Union
Image credits: PYMNTS.com
Western Union is one of the world’s most recognised remittance service providers, offering both cash and digital transfers. They operate 30+ agent locations and branches in Singapore – commonly found in remittance shops, malls, and even MRT stations. You’ll spot Western Union outlets in high-traffic areas like Chinatown, Woodlands, Geylang, and Orchard Road.
- Western Union near me: Use the Western Union locater to find a nearby branch
- Highly-rated branches: Travelex at Raffles City, Mustafa Centre, Tampines MRT Station
- Opening hours: Typically 9am – 8pm (varies by outlet)
- ✅ Global coverage and good for cash pickups
- ❌ Generally long queues and mediocre service (based on customer reviews)
- ❌ High fees and FX markups
Ria Money Transfer
Photo credits: @riamoneytransfer (IG)
Ria is another well-known international money transfer service, popular in Singapore for sending money to countries in Southeast Asia and South Asia. They operate 40+ branches and agent locations, with a strong presence in bustling areas like Little India, Peninsula Plaza, and Lucky Plaza.
- Ria Money Transfer near me: Use the Ria locator to find a nearby branch
- Highly-rated branches: Outlets in Lucky Plaza, Kerbau Road, Peninsula Plaza
- Opening hours: Typically 10am – 7pm daily (varies by outlet)
- ✅ Popular for Asian corridors
- ❌ Long queues at popular branches
- ❌ FX markups may apply
SingX
Known for its transparent fees and competitive rates, SingX is a digital remittance platform that offers secure bank-to-bank transfers to over 30 countries. Transfers can typically be made via the SingX website or app, though they also have a Singapore office at Cecil Street that accepts appointments for those who require assistance with their transfers.
- Office address: SingX Pte Ltd, 138 Cecil Street #04-01, Cecil Court
- Opening hours: 8am – 8pm (closed on Sundays)
- ✅ Transparent rates and fees
- ✅ Generally good reviews on customer service
- ❌ No physical locations or cash pickup
Looking for a more convenient way to send money overseas?
Why go through the hassle of finding a physical money transfer branch when you can send money internationally with just a few taps on your phone? With easy-to-use apps like Wise, Revolut, and YouTrip, sending money abroad has become a lot easier nowadays.
YouTrip’s new overseas transfer feature makes sending money overseas quick, affordable, and hassle-free! Here’s what’s in it for you:
- ✅ Complete transfers in minutes from the YouTrip app
- ✅ Competitive exchange rates
- ✅ No hidden fees or FX markups
- ✅ Fast transfers to Malaysia, Indonesia, Philippines, and more
- ✅ Convenient and 24/7 availability through the YouTrip app
- ❌ No physical locations or cash pickup
Send money overseas with YouTrip!
Want to give YouTrip a try? Enjoy fast, secure, and hassle-free overseas transfers with YouTrip in six simple steps 🌍💵:
1️⃣ Sign up for YouTrip
Don’t have an account yet? Sign up now and use the promo code <YTBLOG5> for free S$5!
2️⃣ Top up your YouTrip wallet with a Linked Bank Account (eGIRO) or PayNow to ensure your SGD wallet has sufficient funds
3️⃣ Click ‘Transfer’ > ‘Transfer Overseas’ > Select the desired currency you wish to transfer
4️⃣ Enter the amount you want to transfer > ‘Set Up Transfer’
5️⃣ Choose your preferred transfer method based on the destination you’re transferring to > ‘+ Add Recipient’ and enter the required details
- Bank Account
- DuitNow
- Gcash
- UPI
6️⃣ Slide to transfer and voilà! Your recipient will receive the money in their local currency, hassle-free!
Guides on money transfer services in Singapore:
- Easy and Cheap Overseas Transfers from Singapore
- A Comparison of YouTrip vs Bank Transfers
- Remitly Money Transfer Guide
- Maribank Overseas Transfer Guide
Guides on sending money to 👇🏻
