Compare the best global money transfer fees and rates to send money to United Kingdom
I am sending
SGD
No options
from
Singapore
No options
to
United Kingdom
No options
Provider
Trustpilot
Speed
Total cost
Amount received
when sending S$2,000
Go to provider
0-2days
S$ 51.53SGDshow more
£1,145.20GBP
We want to find the best deal for you. So although we may receive a referral fee if you choose one of these providers. It won't affect the ranking of the provider, the exchange rates or any fees you are charged. Our results are sorted in order of cheapest to most expensive cost to you. Learn more.
Why compare with us
We compare secure providers
We display fees and rates transparently
Save money on your next money transfer abroad
Compare money transfer services to United Kingdom
To help you find the best provider for your international money transfer to United Kingdom, we've compared 4 services, ranking them from least to most expensive, taking into account transfer fees and exchange rates.
What is the cheapest way to send money to United Kingdom?
- Wise: 9.74 SGD
- CurrencyFair: 14.91 SGD
- OFX: 25.36 SGD
- Remitly: 51.53 SGD
Wise, the cheapest option, has a Singapore Dollar/Pound Sterling exchange rate of 0.5874 and a fee of 9.74 SGD.
This would save you 41.79 SGD compared to Remitly, who has a fee of 51.53 SGD.
You'll want to pay attention to both the upfront fee the provider shows you as well as the Singapore Dollar/Pound Sterling exchange rate.
Often providers will claim to be a cheap global money transfer provider, with low, or even no fees, but in reality they're hidden within the exchange rate. Right now, Singapore Dollar/Pound Sterling interbank rate is 0.58735. Whenever you compare fees for transferring money to United Kingdom, it can pay off to look at the exchange rate they offer.
Finding alternative ways to transfer money to United Kingdom shouldn't be hard, we've put together a list of cheap ways to send money to United Kingdom to help you with your search.
For example, most traditional banks add a hidden markup to the exchange rate they offer you. If 1 SGD is 0.58735 GBP, your bank can add a 3% exchange rate markup and give you a rate of S$ 1 = 0.60497 £
Wise is the cheapest option, with a SGD/GBP exchange rate of 0.5874. Their fees to transfer money to United Kingdom is 9.74 SGD
CurrencyFair offers a SGD/GBP exchange rate of 0.5843. Their fees to transfer money to United Kingdom is 14.91 SGD
OFX offers a SGD/GBP exchange rate of 0.5800. Their fees to transfer money to United Kingdom is 25.36 SGD
Remitly offers a SGD/GBP exchange rate of 0.5726. Their fees to transfer money to United Kingdom is 51.53 SGD
What is the fastest way to transfer money to United Kingdom?
- Wise: Instant-2 Days
- Remitly: 0-2 Days
- CurrencyFair: 1-3 Days
- OFX: 1-3 Days
Typically transferring money to United Kingdom will be much faster using a money transfer company compared to a bank that can take 3-5 working days. That’s because banks usually process international money transfers through the SWIFT network. This system involves passing a payment through several intermediaries, which slows the process down. Money transfer companies have often built their own networks to process payments faster - which can even mean your money is deposited instantly into your recipient’s account.
The fastest provider in our table to transfer money to United Kingdom is Wise - Instant-2 Days.
Learn more about instant ways to transfer money overseas here.
What is the best rated provider to transfer money to United Kingdom from Singapore?
Of the 4 providers we found for transferring money to United Kingdom, here's how they stack up in terms of number of reviews and average score:
- OFX - Trustpilot rating: 4.4, Excellent
- Wise - Trustpilot rating: 4.3, Excellent
- Remitly - Trustpilot rating: 4.2, Great
- CurrencyFair - Trustpilot rating: 3.3, Average
How to send money to United Kingdom?
You've got a few key options if you need to send money to United Kingdom:
Bank transfer to United Kingdom - most banks will let you transfer money internationally online, by visiting a branch or by phone. Payments to GBP will be sent directly from your bank account to your recipient's local bank account in your chosen currency.
Walk into a branch - several specialist money transmitter services operate through large branch and agent networks, so you can visit a physical store and make your GBP payment in cash if you want to.
Send money online to United Kingdom - if you'd rather make your SGD/GBP payment online or using your smartphone, you can choose your own bank's online banking service, or an international payment specialist. Specialist services can often offer better exchange rates and lower fees than banks.
Cash pickup - sending a payment for cash pickup can often be the fastest way to get your money into your recipient's hands. It's also usually one of the most expensive because it's being prioritized and can even be instant.
Compare providers
How to transfer money to another bank account in United Kingdom
Transferring money to another bank account to United Kingdom is often the most convenient option - both for you, and your recipient. Your recipient doesn't need to take any action to receive the money, it just lands in the nominated account in the currency you choose, and can be spent or withdrawn easily.
If you're sending money from a bank account in Singapore to a bank account in United Kingdom, choosing a specialist provider can be the cheapest and fastest way to make your payment. Different providers have their own processes for arranging payments - but the steps you'll take are usually roughly the same:
1
Create an account
Register a new account with your preferred service, by entering your contact details and some basic information. You may even be able to do this using Facebook or Google for convenience.2
Verify
Depending on the type of payment you're making, you may need to verify your account by uploading an image of your ID documents. This step helps keep your money safe, and is often a legal requirement.3
Top up
Add money to your account in dollars, using a bank transfer or card payment.4
Add recipient details and send
Once you're ready to send a payment, add your recipient's personal and bank account details, check the exchange rate and fee applied to your payment, and confirm. That's it - your money will now be sent, and you can track its progress online or in your provider's app.
Ways to pay for your money transfer to United Kingdom
Different money transfer services offer different options to fund your international money transfer. Luckily, you have plenty to choose from.
Typically bank transfer is the cheapest payment method, which is why it’s the method we use to compare providers on Exiap. Let's take a look at a few payment options for sending money from Singapore to United Kingdom with these providers:
Bank transfer, card (debit or credit), SWIFT, Google Pay or Apple Pay
Bank transfer or direct debit
Bank transfer or card (debit, credit, and prepaid)
Select a provider
Best app to transfer money to United Kingdom
| Provider | Website |  |  |
|---|---|---|---|
| Wise | ✅ | ✅ | ✅ |
| Remitly | ✅ | ✅ | ✅ |
| OFX | ✅ | ✅ | ✅ |
| CurrencyFair | ✅ | ✅ | ✅ |
Wise: from Singapore to United Kingdom
CheapestFastestBest exchange rateBest transfer options
Wise offers online and in-app money transfer services to United Kingdom and 80+ other destinations around the world. You'll get the mid-market exchange rate to convert your Singapore Dollar, with fast transfer times. In fact, 50% of Wise transfers are instant*, and 90% get there in under 24 hours.
Pros and cons
- Mid-market exchange rates and low fees from 0.41%
- Send money abroad quickly - transfers can even be instant
- Send in 50 currencies to 70 countries
- No cash payment options
- No branch network
How much does it cost to send money to United Kingdom with Wise?
- Transfer fees: Send money from 0.41%
- Exchange rates: Mid-market exchange rate
- Additional fees: Transfer fees vary based on destination and how you choose to pay
* The speed of transaction claims depends on individual circ*mstances and may not be available for all transactions.
CurrencyFair: from Singapore to United Kingdom
CurrencyFair can be a cheap international money transfer service with quick delivery times on many currency routes. There’s a low, flat fee per transfer, and you could also find you get a better exchange rate compared to your regular bank.
Pros and cons
- Send in 15 currencies
- Low transfer fees
- Many currencies can be delivered on the same day, or within 1 working day
- Exchange rates include a markup
- Pay in Singapore Dollar by bank transfer only, no card option
How much does it cost to send money to United Kingdom with CurrencyFair?
- Transfer fees: 14.91 SGD
- Exchange rates: Exchange rates include a markup
- Additional fees: Third party fees may apply depending on how you set up your transfer
OFX: from Singapore to United Kingdom
Free fee
OFX is a currency specialist which offers quick international transfers and currency risk management solutions for individuals and businesses. You can send payments with OFX online and in-app, or access a 24/7 phone service if you’d rather talk your transfer through.
Pros and cons
- Arrange your payment online, in app or by phone
- Access other currency services including currency risk management solutions
- Broad range of supported countries and currencies
- Exchange rates include a markup
- Minimum transfer amount 1000 USD
How much does it cost to send money to United Kingdom with OFX?
- Transfer fees: No transfer fee from Singapore
- Exchange rates: Exchange rates include a markup
- Additional fees: Third party fees may apply
Remitly: from Singapore to United Kingdom
Most expensive
Remitly international money transfers from Singapore can be made in 140. You might find Remitly is one of the cheapest ways to transfer money internationally, particularly if you benefit from a new customer promotion.
Pros and cons
- Send in a large selection of currencies
- New customer promotions available which can mean better rates and lower fees
- Large selection of payout options including cash collection
- You can’t pay for your transfer in cash
- Exchange rates may include a markup
How much does it cost to send money to United Kingdom with Remitly?
- Transfer fees: Fees vary based on how you choose to pay, and the currencies involved
- Exchange rates: Exchange rates may include a small markup, promotional rates available for new customers
- Additional fees: Fees vary based on how you choose to pay, and the currencies involved
Details needed to send money to United Kingdom
The details you'll need to send money internationally from Singapore to United Kingdom may vary by provider, and based on the value of the transfer. At a minimum, whenever you make an international bank transfer you will typically be asked for:
- Sort code
- Account number
Best way to send large amounts of money to United Kingdom from Singapore
When you’re sending a high value payment it’s especially important to do your research and find a provider which is safe and which offers low fees and great exchange rates. It’s also well worth comparing some providers based on transfer times, as the delivery time can also vary pretty widely.
Some international money transfer services offer discounts for high value transfers, either through lower fees or a better exchange rate. Use the Exiap cost comparison calculator to make sure you’re getting the very best deal available for your specific transfer.
How to send large amounts of money to United Kingdom
While sending a high value payment works very similarly to sending any other transfer overseas, the provider may require additional information to verify the payment. You might be asked to prove the source of the funds, for example, to comply with local and international financial services legislation. If you’re sending a large amount of money you’ll also need to make sure the provider you’ve picked can support the amount, as maximum payment limits may apply.
Here’s how to send a large sum of money internationally with a specialist international money transfer service:
1
Create an account
Register a new account with your preferred service2
Verify
Verify your account by uploading an image of your ID documents3
Add the transfer information
Including the value and currency4
Add recipient details
Add your recipient's personal and bank account details5
Fund your payment
Make a local bank transfer, use your card or pick another supported payment method. Your money will be on the move as soon as it's been received by the provider.
Safest way to send money from Singapore to United Kingdom
Choosing an international money transfer service can feel like a risk. However, our comparison tool will only ever recommend secure providers which operate within the law in any part of the world they’re in.
When you’re looking for the safest ways to send money to United Kingdom from Singapore you’ll usually want to look out for providers which are registered with and operate under the FCA. In some cases operators may also be regulated by the PRA. And if you’re sending money with your bank, you may also read about the FSCS. Too many acronyms? Let’s look at what they mean.
FCA - Financial Conduct Authority - almost all financial activities have to be authorised by the FCA. The FCA's job is to regulate and oversee financial activities to make sure standards are upheld and financial businesses are trading safely and legally.
PRA - Prudential Regulation Authority - the PRA exists to make sure banks, building societies, insurance companies and other similar financial institutions are being managed safely, to control risk and keep customer money safe.
FSCS - Financial Services Compensation Scheme - the FSCS protects customers when their bank, insurer or other eligible financial service company fails. You may be able to get compensation through the FSCS to make sure you don't lose out if your bank goes bankrupt or runs into other financial difficulties.
International money transfer limits to United Kingdom
There is no legal limit on how much money can be sent to or from Singapore, although banks and other payment providers may impose their own limits. Money transfer limits can vary quite widely between providers, and may also change depending on how you want to fund your transfer. You could find different limits in place when you pay by card compared to paying using a bank transfer, for example.
SGD/GBP exchange rate trends
As with many currencies, the SGD/GBP exchange rate moves over time, due to changes in supply and demand. Exchange rate fluctuations can be caused by underlying shifts in how well the economy in Singapore or United Kingdom is doing, changes in political stability, or even simple speculation, where traders buy or sell currencies based on how they think trends are going to change.
Right now, 1 Singapore Dollar buys 0.58735 Pound Sterling.
International bank transfer fee to United Kingdom
To wire money to United Kingdom using one of the international money transfer providers in our tables, the fees range from 9.74 SGD with Wise to 51.53 SGD with Remitly (but the fee could be even higher with a bank). The exact cost depends a lot on where you’re sending money, how much you’re sending, how you want to pay, and how you want the payment to be received.
Typically sending money directly to a recipient’s bank account using a specialist service can be done with fairly low costs, while traditional bank transfer fees can be higher. Paying for your transfer with either a credit card or cash can often mean the fees crank up, too.
When you’re sending money internationally, don’t forget that the overall wire transfer fee you pay can include the transfer fee, an extra charge wrapped up in the exchange rate used, and third party charges like a cash advance fee from your credit card issuer.
Best money transfer rate to United Kingdom
The best rate available to send money to United Kingdom will usually be the mid-market exchange rate. The mid-market exchange rate is the rate used when banks buy and sell currencies on global markets.
However, this rate isn’t always available to individual customers sending money abroad. Instead, providers often add a markup - an extra fee - to the exchange rate they offer customers. This pushes up the costs and makes it harder to see exactly what you’re paying for your international bank transfer.
A provider which uses the mid-market rate for international transfers from Singapore to United Kingdom is Wise. Right now, the mid-market rate for a Singapore Dollar to Pound Sterling is 0.58735.
How long does a money transfer to United Kingdom take?
The length of time it takes to transfer money to United Kingdom depends on a variety of factors including the provider you use, how you’re paying, and how you want your recipient to get the money in the end.
From the providers that we display, the fastest international money transfer provider to United Kingdom is Wise, which can deliver the money to your recipient in United Kingdom in Instant-2 Days. The slowest provider to send SGD - GBP is OFX, which takes 1-3 Days to send money to United Kingdom.
Transfer money online with a credit card or debit card
Some specialist international money transfer providers do offer the option to fund transfers with a credit card or debit card. Paying for your transfer with a card can mean your funds are received quickly, so the provider can deposit the payment into the recipient’s account faster. However, this often comes with additional fees which might make it more expensive than paying by bank transfer.
Here’s a handy list of providers that support card payments:
Conclusion
When it comes to choosing the best provider for sending money to United Kingdom from Singapore, it really depends on what your needs are.
The cheapest provider shown in our comparison table is Wise and the fastest is Wise. If the transfer time is what you're interested in, then Wise is the fastest to transfer money to United Kingdom. Wise can get your money to your recipient to United Kingdom in Instant-2 Days.
If safety is what interests you the most when it comes to picking the best international money transfer provider to United Kingdom, then all the providers we listed above are regulated by different financial institutions and should be safe to send money to United Kingdom with.
Find the cheapest money transfer provider
Frequently asked questions when sending money from Singapore to United Kingdom
What is the best way to transfer money internationally?
There's no single best way to transfer money to United Kingdom. It all depends on your priorities. Different providers offer a different balance of cost, speed and convenience. Using our comparison tool to check out a range of providers is a good way to find the best option for you.
How to send money from Singapore to United Kingdom?
You can send money from Singapore to United Kingdom using your bank, a specialist money transfer service, an e-wallet, or by visiting a physical money remittance store. Each option has different pros and cons, so the best for you will depend on your specific transfer and personal requirements.
Can I send international money transfers from Singapore to United Kingdom for free?
You can't send money to United Kingdom from Singapore for free. International transfers cost providers money to arrange, so there's always a fee somewhere to make sure that the business covers its costs and generates profit. However, many providers choose to make the fees you pay trickier to spot by adding them into the exchange rates used for transfers.
When is the best time to transfer money from Singapore to United Kingdom?
There is no official best time to send money from Singapore to United Kingdom and that depends on a variety of factors such as when you need to send money or when you want the funds to be received. It’s also going to depend on a variety of other factors such as, the time when you send money or the fees you are offered by providers or banks.
How do I make sure my money is safe when transferring to United Kingdom?
All of the providers on our site are financially regulated in the countries they operate and hold the necessary licences. They have the highest security measures in place for fraud prevention and identity protection. However, it’s still better to be safe than sorry.
Send money to AsiaSend money to EuropeSend money to AfricaSend money to South AmericaSend money to North AmericaSend money to Oceania
Send money from Singapore to AzerbaijanSend money from Singapore to BahrainSend money from Singapore to BangladeshSend money from Singapore to BhutanSend money from Singapore to BruneiSend money from Singapore to CambodiaSend money from Singapore to ChinaSend money from Singapore to CyprusSend money from Singapore to GeorgiaSend money from Singapore to Hong KongSend money from Singapore to IndiaSend money from Singapore to IndonesiaSend money from Singapore to IsraelSend money from Singapore to JapanSend money from Singapore to JordanSend money from Singapore to KuwaitSend money from Singapore to LaosSend money from Singapore to LebanonSend money from Singapore to MalaysiaSend money from Singapore to MaldivesSend money from Singapore to MongoliaSend money from Singapore to NepalSend money from Singapore to OmanSend money from Singapore to PakistanSend money from Singapore to PhilippinesSend money from Singapore to QatarSend money from Singapore to Saudi ArabiaSend money from Taiwan to SingaporeSend money from Singapore to South KoreaSend money from Singapore to Sri LankaSend money from Singapore to TaiwanSend money from Singapore to ThailandSend money from Singapore to TurkeySend money from Singapore to TurkmenistanSend money from Singapore to United Arab EmiratesSend money from Singapore to Vietnam
Send money from Singapore to AlbaniaSend money from Singapore to AustriaSend money from Singapore to BelgiumSend money from Singapore to Bosnia and HerzegovinaSend money from Singapore to BulgariaSend money from Singapore to CroatiaSend money from Singapore to Czech RepublicSend money from Singapore to DenmarkSend money from Singapore to EstoniaSend money from Singapore to EuropeSend money from Singapore to FinlandSend money from Singapore to FranceSend money from Singapore to GermanySend money from Singapore to GreeceSend money from Singapore to HungarySend money from Singapore to IrelandSend money from Singapore to ItalySend money from Singapore to LatviaSend money from Singapore to LithuaniaSend money from Singapore to MaltaSend money from Singapore to MonacoSend money from Singapore to NetherlandsSend money from Singapore to NorwaySend money from Singapore to PolandSend money from Singapore to PortugalSend money from Singapore to RomaniaSend money from Singapore to SerbiaSend money from Singapore to SlovakiaSend money from Singapore to SloveniaSend money from Singapore to SpainSend money from Singapore to SwedenSend money from Singapore to SwitzerlandSend money from Singapore to UkraineSend money from Singapore to United Kingdom
Send money from Singapore to AlgeriaSend money from Singapore to BeninSend money from Singapore to BotswanaSend money from Singapore to BurundiSend money from Singapore to CameroonSend money from Singapore to Cape VerdeSend money from Singapore to ComorosSend money from Singapore to Côte d'IvoireSend money from Singapore to DjiboutiSend money from Singapore to EgyptSend money from Singapore to EritreaSend money from Singapore to EthiopiaSend money from Singapore to GambiaSend money from Singapore to GhanaSend money from Singapore to GuineaSend money from Singapore to Guinea-BissauSend money from Singapore to KenyaSend money from Singapore to LesothoSend money from Singapore to MadagascarSend money from Singapore to MalawiSend money from Singapore to MaliSend money from Singapore to MauritaniaSend money from Singapore to MauritiusSend money from Singapore to MoroccoSend money from Singapore to MozambiqueSend money from Singapore to NigeriaSend money from Singapore to RwandaSend money from Singapore to SenegalSend money from Singapore to SeychellesSend money from Singapore to South AfricaSend money from Singapore to TanzaniaSend money from Singapore to TunisiaSend money from Singapore to UgandaSend money from Singapore to ZambiaSend money from Singapore to Zimbabwe
Send money from Singapore to ArgentinaSend money from Singapore to BrazilSend money from Singapore to ChileSend money from Singapore to ColombiaSend money from Singapore to EcuadorSend money from Singapore to GuyanaSend money from Singapore to ParaguaySend money from Singapore to Uruguay
Send money from Singapore to BahamasSend money from Singapore to BarbadosSend money from Singapore to BelizeSend money from Singapore to BermudaSend money from Singapore to CanadaSend money from Singapore to Cayman IslandsSend money from Singapore to Costa RicaSend money from Singapore to DominicaSend money from Singapore to GuatemalaSend money from Singapore to HaitiSend money from Singapore to JamaicaSend money from Singapore to MexicoSend money from Singapore to Trinidad and TobagoSend money from Singapore to United States
Exiap Website (https://exiap.sg/) is a comparison website only and not a currency trading platform. Exiap is a website operated by TransferWise Ltd ("We", "Us"), a company incorporated under the laws of England and Wales with company number 07209813. Wise is the trading name of TransferWise Ltd.
We compare currency exchange and money transfer services in over 200 countries and territories worldwide. We only display reputable companies which we have researched and approved. The information supplied on this site does not constitute financial advice. Always do your own research before making any financial decisions. We do our very best to give you the most accurate journalistic information, but we can’t guarantee to be perfect. You use the information at your own risk, for more details read how our site works.
Copyright © 2024 Exiap. All rights reserved.
