Cheapest way to send money from Taiwan to Singapore
The greatest concerns for many people before sending money abroad are; Is my money secure? Will I get good exchange rates? Will my money reach the destination safely? Will there be hidden/extra fees? Well, we have all the answers for you. With plenty of money transfer options on the market today unlike the past where banks were the only option, it may seem a bit confusing trying to find out with company/provider to go for.
Are you planning to wire money from Taiwan to Singapore, either to friends, family or business? We have selected the most innovative, competitive and safest global money transfer service providers on the market, with best solutions at your disposal. Your work is just to compare and get the cheapest among them.
Different ways to pay for money transfers to Singapore from Taiwan
We have found a few convenient ways to pay for money transfers to Singapore from Taiwan. You can use a to pay for transfers to Singapore.
How to send money to Singapore
There are various options to send money to Singapore, including;
- Direct transfer through a bank account - This is where cash is deposited directly from the sender’s account to the recipient’s. You can initiate the process either using your local bank in Taiwan or a money transfer company.
- Transfer through email - This is where cash is e transferred from the sender’s online account to the sender’s using their email address.
- Mobile wallet - Through an app, funds are transferred from the sender to the recipient using their respective phone numbers.
- Cash pickup location – This is where funds are delivered to the recipient through the money transfer company agent near them.
Here’s the easiest way to transfer money to Singapore
- Compare and select the cheapest provider.
- Visit the provider/company’s website and sign up by creating account using your full name, email address and telephone number. Ensure you create a strong password for security purposes.
- Enter the amount you’re willing to send; this should be in TWD. Your beneficiary will receive it in SGD after conversion.
- Enter your beneficiary’s details which include their name, email address, phone number, account details, their specific location in Singapore etc.
- Select your payment method; either bank, credit card or debit card.
- Check your details again then send and await confirmation through an email.
Money transfer providers
Which service to use
You can send money to Singapore using Xoom via PayPal, TransferWise, Western Union, WorldRemit and Azimo. Your money will arrive in minutes.
Reliable online remittance providers to Singapore from Taiwan
Send money from Taiwan to Singapore with Wise
Wise (formerly TransferWise) offers some great options for sending money from Taiwan to Singapore. | |
💱 Is it cheap? | The exchange rate at Wise is 1.3572 SGD for 1 USD. The fees and transfer speed depend on the payment option you choose and can vary. |
💲 How to pay? | The best way to pay is via Bank Debit (ACH). There is also the option of paying using Bank account, Debit card or Credit card, but the fees will be higher. |
⌚ Is it fast? | The fastest way to send money is via Bank Debit (ACH), Bank account, Debit card or Credit card. The transfer will then be processed instantly. |
💰 How to receive? | There is only one option available from Wise for transfers to Singapore - money can be received into a bank account. |
Send money from Taiwan to Singapore with Xe
Xe has several good and reliable options to transfer money from Taiwan to Singapore. | |
💱 Is it cheap? | XE has set a special exchange rate for new customers - 1 SGD can be exchanged for 1.3398 USD. |
💲 How to pay? | The best way to pay is via Bank account, which does not charge any fees. You can also pay with a Debit card or Credit card, but XE will charge you a fees. |
⌚ Is it fast? | If you pay via Bank account, Debit card or Credit card, the transfer will be delivered to Singapore within 24 hours. |
💰 How to receive? | Using XE, the recipient will only be able to receive transfers from Taiwan to their own bank account. |
How much does cost
The cost of transferring money from Taiwan to Singapore is based on the exchange rate fees and the service fees. The provider’s prices vary significantly. Some may charge you zero service fees; you only pay exchange rate fees. For others, you will pay reasonable prices of both the exchange rate and service fee. Because the exchange rates constantly fluctuate every day, sites such as Xe.com will help you get the latest rates in order to compare with your provider’s offer.
Why choose us
Our selected competitive money transfer providers offer not just security but also value for your money. Each provider adheres to the current safety regulation to ensure your peace of mind on your transfer. So, send your money today easily, quickly and cheaply.
FAQ
What is the best way to send money from Taiwan to Singapore (USD → SGD)?
What is the fastest way to transfer money from Taiwan to Singapore (USD → SGD)?
What is the cheapest way to transfer money from Taiwan to Singapore (USD → USD)?
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What payment methods to use for transfers from Taiwan to Singapore?
How to receive money transfer from Taiwan in Singapore?
How to send money from Taiwan to Singapore for free?
Popular destinations of transfers from Taiwan
- Afghanistan
- Åland Islands
- Albania
- Algeria
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- Andorra
- Angola
- Anguilla
- Antigua and Barbuda
- Argentina
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- Aruba
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- Gabon
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- Ivory Coast
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- Réunion
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- Uzbekistan
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- Vatican
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- Wallis And Futuna
- Yemen
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- Zimbabwe