Compare money transfers from Thailand to Singapore

Best Services to send money from Thailand to Singapore

Everyone knows that they can walk into a bank in Thailand and request for a money transfer to Singapore. However, most people do not choose that option simply because they want the best way to transfer money. There are other better options that are faster and cheaper than using banks. So, if you are going to enjoy the cheapest way to send money, continue reading to get all the answers.

How to send money

While using the banks is an option, the most preferred and recommended option is to get it done online. E-transfer of money can easily be completed right in your home as long as there is an internet connection. Here is the breakdown of how to send money to Singapore from Thailand.

1. Choose a platform and create an account.
2. Enter the details of the transfer.
3. Crosscheck the details and pay for the transfer.
4. Receive the confirmation message and save the receipt.

Which service to use?

1. Transferwise: This is one of the best ways to transfer money from Thailand to Singapore. It is a fast, affordable, and reliable online service that gives highly competitive exchange rates and great Singapore Dollar value for your Thailand Baht. You pay a percentage of the amount you are sending as transaction fees, and the receiver gets Singapore Dollars within a short time.
2. Currencies Direct: Currencies Direct is another e-transfer service that allows you to send money to a bank account in Singapore from Thailand using your credit card. It is quick, efficient, and the exchange rates are fair.
3. Halo Financial: This is more suitable for people who are sending high amounts as the minimum that you can transfer using Halo Financial is 2000 THB.

You can also send directly from your bank account, but the transaction fees are usually too high, and it takes a few business days for the money to get to Singapore.

What does it cost?

Using the e-transfer method is the cheapest way to send money, and you will not get such rates if you choose to send through a bank. The cost is not always the same, but it is usually a very tiny fraction of the amount you are sending.

Our advantages

Due to the fact that not many online transfer services allow users to send money from Thailand to Singapore, we have put together the best that we can find among those few. Below are the advantages of using our services:

1. These services make money transfer fast, cheap, and convenient.
2. High level of security. Your details and that of the recipient remain safe on these platforms.
3. Fair exchange rate and transaction charges that you cannot get anywhere else.
4. Different payment options.
5. Users can receive funds in their bank account or pick up depending on which is convenient for them.