RQ
RemitIQ
πŸ‡ΈπŸ‡¬SGD β†’ INR

Best Way to Send Money to India from Singapore

Compare live SGD to INR exchange rates across 4 leading platforms. Find the cheapest transfer for your money.

Indian Diaspora

650,000

Annual Remittance

$8.9 billion

Average Transfer

S$2,000

Top Providers for Singapore β†’ India

4 providers compared

#1
W

Wise

4.8BEST RATE

Margin

0%

Fee

S$0.42 + 0.5%

Speed

Minutes

#2
R

Remitly

4.7

Margin

0.56%

Fee

FREE

Speed

Minutes

#3
I

Instarem

4.4

Margin

1.03%

Fee

S$1.99

Speed

Same day

#4
WU

Western Union

3.9

Margin

1.86%

Fee

S$4.99

Speed

Minutes

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Frequently Asked Questions: Singapore β†’ India

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

Wise and Instarem (headquartered in Singapore) offer excellent SGD to INR rates. Instarem often has special promotions for the Singapore-India corridor.

How long does a SGD to INR transfer take?

Most transfers arrive within minutes. Instarem and Wise process same-day.

Is there GST on remittance from Singapore?

International money transfer services are zero-rated for GST purposes in Singapore.

Can I send money to an NRE account from Singapore?

Yes, all major providers support transfers to NRE, NRO, and regular savings accounts in India.

Send Money to India From Other Countries

Singapore is home to an Indian diaspora of approximately 650,000 people, contributing $8.9 billion in annual remittances to India. RemitIQ helps you compare live SGD to INR exchange rates across 4+ platforms to find the absolute best deal β€” no hidden fees, no conflicts of interest.