→
USD/SGD Remittance Guide
US Dollar (USD) → Singapore Dollar (SGD) Complete Transfer Guide
Corridor Overview
US-Singapore corridor for regional headquarters flows, startup and investment capital, tuition and expatriate payroll. Singapore is Southeast Asia’s financial hub, so the route is efficient.
Recommended Platforms
Top Pick
Wise Visit →
Fees ~0.4–1% fee, transparent exchange rate
Transfer Speed 1–2 business days
Min. Amount USD 1
Best For Personal transfers, transparent rates
Revolut Visit →
Fees Free during market hours on weekdays (capped); +1% on weekends
Transfer Speed Instant to 1 business day
Min. Amount USD 1
Best For Small frequent transfers
SWIFT Bank Transfer Visit →
Fees Bank fee USD 15–50; correspondent banks may deduct additional fees
Transfer Speed 3–5 business days
Min. Amount USD 1
Best For Large formal transfers, business use
PayPal Visit →
Fees ~4–5% for international (including spread); relatively expensive
Transfer Speed Instant (PayPal to PayPal)
Min. Amount USD 1
Best For Online shopping refunds, PayPal merchants
Practical Tips
- Local payouts run over FAST and PayNow and are near-instant. If the recipient gives a PayNow mobile number or UEN, you avoid re-checking account digits.
Key Regulations
- The Monetary Authority of Singapore (MAS) licenses remittance and money-changing businesses under the Payment Services Act. Cash above SGD 20,000 must be declared when entering or leaving.
Important Notice
Exchange rates above are reference values (last synced 2026-08-25). Actual rates are determined by the market and change constantly. Fee data is sourced from public information; confirm current charges on each platform. This page does not constitute investment or financial advice.
Data reference: 2026-08