NOW

SEND MONEY TO SINGAPORE FROM THE
COMFORT OF YOUR HOME

  • Send Money Abroad from India at Guaranteed LOWEST Rates
  • Fully Online Remittance Process
  • Fastest Transfers - Takes only 12-48 Hours

ZERO

  • Commission
  • Loading Charges
  • Re-loading Charges

Exchange Rate:

Total:

Comparison: BookMyForex.com vs Others

MONEY TRANSFER ABROAD BookMyForex. com Other Forex providers*
Service Charges ZERO ₹200
Bank Charges ₹ 225 ZERO ₹ 1000
OVERALL HIDDEN CHARGES ₹ 0 ₹1200
* Other Forex providers include Online and offline companies. BookMyForex.com charges a Bank Fee of Rs. 225 which is paid back to the customer as cash back post order completion (use promo code: ZEROBANKFEE). Beneficiary's bank or intermediatory banks overseas may apply additional charges to customers as per local arrangement or inter-bank arrangements

Do Money Transfer for following purpose

A Close Relative Abroad or Your Own Account
Overseas Education
Foreign Investments
Medical Institution/ Hospital
For Immigration
Booking Your Tour

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BookMyForex is Rated 4.6/5 Stars on Google Reviews based On Over 900+ Reviews

The BookMyForex Advantage over Banks & Other Forex Vendors


Book At Live Market Rates

Live and transparent transfer rates displayed 24x7. Options to lock-in your rate for as much as 3 days. Rate alerts to notify you when your desired rates are available.


Fastest Transfer Processing Times

All transfers are processed within 24 working hours after receipt of the funds & documents. Funds received by the beneficiary abroad within 24 hours at no extra cost.


Fully Online Remittance Process

Visiting the bank branch is a thing of the past now. With the launch of our fully online remittance process, you can do everything online on BookMyForex’s platform. Now send money abroad from the comfort of your home.


Zero Transfer Charges

BookMyForex waives off all sending charges associated with processing wire transfers. While banks typically charge between Rs. 500 - Rs. 2,500, with BookMyForex you pay absolutely ZERO.

BookMyForex

3,00,000 + Happy Customers

India's Largest Foreign Exchange Market Place

Over ₹4,500 crore in Forex Transactions Processed

International Remittances Processed By

Send Money from India to Singapore with BookMyForex

Singapore is a very young, modern country and an international business hub. Being an important centre of business in Asia, it attracts a lot of expats from other countries as well as students who want to pursue higher education in some of the world's renowned universities like NUS and NTU, among them Indians too. So Indians transfer Singapore Dollar from India for educational reasons as well as maintenance of their close relatives in Singapore. Singapore's healthcare is also world-famous. Indians travel to Singapore to access these medical facilities and hence people send money to Singapore from India to meet their medical expenses.

You need to ensure that you get the best currency exchange rates for an international wire transfer from India and your money should get sent in the fastest time possible. With BookMyForex.com you get guaranteed best rates when you transfer money to Singapore from India and this transfer is done in 4-48 working hours. You also have the best customer support available on all social media channels as well as on call and email to guide and keep you updated on your international money transfer to Singapore.

Modes to Send Money to Singapore from India:

You have two ways to Send money to Singapore from India :
1: Wire Transfer from India to Singapore (Swift Transfers)
2: Demand Drafts (money orders)

Doing a Wire Transfer to Singapore from India

If you are planning to send money from India to Singapore, doing a wire transfer is the best way to do so. You should keep in mind that you can save up on a lot of charges and get a better deal if you use BookMyForex & not do it directly via banks. You must also keep in mind that sometimes the beneficiary’s (receiver) bank may also apply a charge when the receiver gets the money in their bank account. You can confirm that with the banks to know better.

With BookMyForex you get to save up on a lot of money when you do an online wire transfer from India to Singapore. The Nostro charges will be there as they are levied by the beneficiary's bank.

You can also freeze and lock the currency rates (SGD) if you think the Singapore Dollar currency will rise.

How to transfer money from India to Singapore?

Taking full advantage of the fully online remittance process on BookMyForex

Executing a wire transfer from India to Singapore is super easy. Your wire transfer will be processed in the fastest time possible if you do it via BookMyForex. On BookMyForex's website, you will book the order and then sign the documents either online or offline. 

Here's how you can wire transfer from India to Singapore using BookMyForex. Take these measures simply: 

Step 1: First of all, you must check whether you are eligible to perform an outward remittance or not. Note down the sender's information along with the recipient's details. You will also be asked to state down the purpose of your remittance to Singapore.

Step 2: After you have mentioned the details, you will be required to send the documentation. It may be necessary to submit documents, such as PAN card, passport front and back page, remitter photo cum address proof, and several other documents.

Please note that the client also has the option of offline completing this process and returning to the bank to sign the papers. 

With COVID-19 in mind, it is easier to opt for a document pickup arrangement. It is also possible to connect the documents to the portal itself, that would save you a substantial amount of time. 

Step 3: You can now move the funds easily to one of BookMyForex's partner banks subsequently. 

Step 4: You will be booked for the rate you see on your screen and you will be sent a digital A2 form. You will sign it on the portal itself, so that you do not have to visit the bank. Our partnering bank will begin the transfer process and send to you a SWIFT acknowledgement.

Benefits of choosing a fully online remittance process on BookMyForex?

1: To send money to Singapore, we'd advise you to opt for the fully online remittance process of BookMyForex. We will tell you why - With that, you can book an international money transfer order in a jiffy by sitting on your couch.

2: You will probably have saved up to 2% if you book an online remittance order on BookMyForex. If you do this directly through the banks, they are going to charge you a lot extra. You also have the advantage of booking live SGD exchange rates on BookMyForex. 

3: We want to keep the method clear and efficient so that you don't have to go through the agony of reading all the documents. All you need to do is submit the documents on our platform, and we're done. It's so quick, believe us! 

4: We believe in absolute honesty at BookMyForex and treat the money of the customers as our own money. BookMyForex makes remittances possible in India through trusted banks. We also follow the instructions and keep the state checked before the currency is sent to the receiver in Singapore from India. 

Notes:

All foreign currency transactions are subject to Service Tax.

Foreign Exchange and Money Transfer services are available though Tied-up Reserve Bank of India approved Authorized Dealers only. All foreign exchange transactions are subjected to AML/CFT/KYC & FEMA policies instructed by Reserve Bank of India.

Frequently Asked Questions

BookMyForex processes the remittances via trusted and authorized Banks in India. We track the orders and keep you posted with the progress until the remittance is sent from India to the beneficiary's account. Your online transaction on BookMyForex.com is processed over a secure HTTPS connection and secured with the highest levels of encryption available. All credit card and debit card payments on BookMyForex.com are processed through a secure and trusted payment gateway and your credit card/ debit card/ net-banking info is never stored on our servers.

It usually takes 12-48 business hours for the money to get transferred. In case you want to know about the status of your transfer, you can simply call us at 9212219191 or drop us an email and we will get back to you at the earliest.

Yes, you will receive a SWIFT copy via email for your international money transfer order upon your order confirmation. In case you have any queries, you can simply call us at 9212219191 and we will be happy to assist you.

These are the details of beneficiary that you will need to transfer from India to Singapore:

 

- Beneficiary Bank Name, Swift Code, Routing number & Correspondent Account No.

- Beneficiary Name, Address (as given in bank)

- Remitter Name, Account Number and Purpose of Transaction with KYC.

- Filled A2 Form cum declaration with signature

 

Note: Same documentation is required when you Send SGD via a demand draft to Singapore

Here are the following charges involved in a money transfer to UK from India:

 

  • Nostro Charges - 40 SGD (Varies from bank to bank)
  • Bank fee - INR 225 
  • Goods & Services Tax (GST) - The % varies depending on the amount you wish to remit. 

 

Please note that, in some situations, additional fees can be charged by the correspondent bank.

- Beneficiary Bank Name, Swift Code, Routing number & Correspondent Account No.

- Beneficiary Name, Address (as given in bank)

- Remitter Name, Account Number and Purpose of Transaction with KYC.

- Filled A2 Form cum declaration with signature

Note: Same documentation is required when you Send SGD via a demand draft to Singapore

You can send money to Singapore from India for the following 8 reasons:

1: Studies abroad

2: Business Trip

3: Medical Treatment Abroad

4: Maintenance of close relatives abroad

5: Emigration

6: Going Abroad on Employment

7: Gift or Donation

8: Private Visits abroad

You need following documents to Send Money To Singapore:

- Original and valid passport

- Valid visa for the country of travel (except where VISA on arrival applies)

- Confirmed ticket-showing travel within 60 days of taking foreign exchange

- PAN (Form 60/61 in case PAN missing)

- Apart from this KYC of sponsoring company would be required as per RBI guidelines

According to RBI’s LRS policy Indians can send up to $2,50,000 or its equivalent per year per person abroad to Singapore. If you want to Send Singapore Dollars then it is around 34200 SGD per year per person. (Note: Currency rates fluctuate so this number can change)

You can definitely send foreign currency (which is Singapore Dollar in this case) demand draft if you are planning to send money to Singapore. You can choose this method if you are not in a hurry to send money as it may take up to 10 days for the receiver to get the funds.

There is also a risk of the demand draft being torn or getting misplaced as it is a physical piece of paper. So, you must keep that in mind as well.

How to Transfer Money in 4 easy steps

  • Step One Fill Sender’s & beneficiary’s details, money transfer purpose, requirement to confirm your eligibility.
  • Step Two Upload the required documents online
  • Step Three Transfer your funds online to book your rates
  • Step Four A digital A2 form will be generated. Our partnering bank will process your transfer and provide a SWIFT acknowledgement shortly afterwards

Online Remittance - How It Works

Other Countries Where You Can Send Money with BookMyForex:

BookMyForex is a fully authorized money exchanger regulated by the Reserve Bank of India (RBI). | License number : FE.DEL.FFMC/ U070/2013 | Insurance is the subject matter of solicitation | IRDAI Registration No. CA0429 | IRDAI | Cheques are subject to realization.

Same day delivery is guaranteed for orders placed before 1 pm (IST) Monday – Friday.

* Zero margin rates/ interbank rates are available only on forex cards on specific currencies, in select cities for orders amounting to Rs. 1 lakh or more

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