5 Best Ways to Send Money to Singapore from the UK (2025 Comparison)

Whether you're sending money to your business in Singapore or sending money to family and friends back home, choosing the right online money transfer service can have a big impact. With varying fees, exchange rates, and transfer speeds, even small differences can significantly affect your costs and convenience.

As one of the UK's top 20 export destinations, Singapore continues to strengthen its position as a major global financial and fintech hub, making money transfers between the two countries increasingly common. [1] [2]

From settling invoices to supporting loved ones, this 2025 guide highlights 5 of the best ways to send money to Singapore from the UK. We’ll help you compare providers based on speed, fees, and flexibility, ensuring you select the option that best fits your needs.

Before you begin your international money transfer from the United Kingdom to Singapore, it’s important to have all the necessary details prepared — especially if you're sending large amounts for business or to support family abroad.

Here's what you'll typically need:

1️⃣ Recipient’s Full Name

Make sure it matches the name registered with their bank or transfer provider.

2️⃣ Bank Details (if applicable)

This may include the account number, bank name, and SWIFT/BIC code. For business payments, include the company’s registered account.

3️⃣ Transfer Amount and Currency

Specify the amount in British pounds (GBP) and confirm that the destination currency is the Singapore Dollar (SGD).

4️⃣ Your Payment Method

Choose your preferred method, such as bank transfer, debit card, credit card, or other available options.

5️⃣ Purpose of Transfer

Some services, especially for business transactions, may ask why you’re sending the money, such as invoice payment, tuition, or personal support.

Wise (formerly TransferWise) is a UK-based fintech company regulated by the Financial Conduct Authority (FCA). Known for offering great exchange rates and a transparent fee structure, Wise operates entirely as an online money transfer service through its website and mobile app.

It supports over 40 currencies, including the Singapore Dollar (SGD), and is commonly used for international money transfers, freelance payments, and business transactions — making it a reliable choice for both individuals and small businesses transferring British pounds abroad. [3]

Key Information About Wise

Wise is known for offering low fees and transparent international money transfers using the real mid-market rate. Below is a breakdown of its key features, pricing, and options for sending money to Singapore from the United Kingdom. [4]

How To Open a Wise Account

Opening a Wise account is quick and fully online, whether you're sending money for personal reasons or managing international business payments. The process involves a few simple steps, and verification usually takes up to 2 working days. 

Here's what you need to get started: [5]

For Personal Accounts

Step 1: Register Online
Visit the Wise website or download the Wise app. Click “Sign up” and enter your email address. You can also register using Google, Apple, or Facebook.

Step 2: Enter Your Personal Details
Provide your legal name, date of birth, and UK residential address.

Step 3: Verify Your Identity
Upload a government-issued ID (e.g., passport, driver’s licence, or national ID). You may also be asked to provide a selfie or proof of address.

Step 4: Wait for Verification
This usually takes up to 2 working days.

Step 5: Set Up Your First Transfer
Once approved, enter the GBP amount and the recipient’s bank details in Singapore. Wise will display the exchange rate and estimated delivery time.

For Business Accounts

Step 1: Start Business Registration
Go to the Wise Business website and select “Business” during the sign-up process.

Step 2: Enter Business Details
Provide your business tax ID, company registration number, and business address.

Step 3: Upload Required Documents
Submit the ID of the account administrator and supporting business documents such as a certificate of incorporation or proof of registration.

Step 4: Wait for Verification
Verification may take up to 10 working days, depending on your company structure and documentation.

Step 5: Start Your First Transfer
Once verified, follow the same process as personal users to send your first GBP to SGD transfer.

Revolut is a UK-based fintech company regulated by the Financial Conduct Authority (FCA). Designed for mobile-first users, it supports both personal and business accounts with tools for holding, managing, and sending multiple currencies, including the Singapore Dollar (SGD). [6]

With features like virtual cards, real-time spending insights, and global expense tracking, Revolut is ideal for those who need flexible, app-based solutions for cross-border payments to Singapore.

Key Information About Revolut

Revolut offers a flexible, app-driven way to manage international transfers for both individuals and businesses. Here’s a quick look at the key details for sending money from the UK to Singapore. [7]

How To Open a Revolut Account

Revolut makes account setup fast and fully digital. Whether for personal or business use, you can sign up in minutes directly through the app or online. [8]

For Personal Accounts

Step 1: Download the App
Download the Revolut app from the App Store or Google Play. Personal accounts must register through the mobile app.

Step 2: Sign Up and Enter Your Details
Sign up using your mobile number and create a secure passcode. Enter your full name, date of birth, residential address, and email.

Step 3: Verify Your Identity
Upload a valid ID (passport, driving licence, or national ID). You may also be asked to submit a selfie.

Step 4: Wait for Verification
Verification typically completes within 1–2 working days.

Step 5: Link a Payment Method and Start Transferring
Link your UK bank account or debit card, then initiate your first GBP to SGD money transfer. Revolut will display the exchange rate and estimated delivery time.

For Business Accounts

Step 1: Access the Business Platform
Visit the Revolut Business website or download the Business app. Choose “Business” during the sign-up process.

Step 2: Enter Company Details
Provide your company name, registration number, business address, and banking information.

Step 3: Upload Business Documentation
Submit the account administrator’s ID and relevant business verification documents, such as a certificate of incorporation or shareholder structure.

Step 4: Wait for Approval
Approval may take 1–2 working days, depending on your company setup.

Step 5: Start Your First Transfer
Once verified, set up your first GBP to SGD transfer using the Revolut Business dashboard or app.

Western Union is a globally recognised money transfer provider regulated by the Financial Conduct Authority (FCA) in the UK. It allows UK residents to send money to Singapore through online or in-person channels, offering flexible delivery options tailored to the recipient’s needs.
With support for both cash pickup and bank deposits, Western Union is especially useful for personal remittances — including cases where the recipient may not have a local bank account. [9]

Key Information About Western Union

Known for its global network and flexibility, Western Union offers several ways to send money from the UK to Singapore. [10]

How To Open a Western Union Account

You only need a few minutes to register with Western Union in the UK. Once your account is confirmed, you can send money to Singapore online, through their app, or at a nearby agent location. [11]

Step 1: Register Online or via the App
Visit the Western Union website or download the app from the App Store or Google Play. Choose “Sign Up” and select the United Kingdom as your country.

Step 2: Enter Personal Information
Provide your full name, UK address, date of birth, email address, and mobile phone number. Create a secure password to protect your account.

Step 3: Verify Your Identity (If Required)
Depending on your transfer amount or method, you may need to upload a valid UK photo ID (e.g., passport or driving licence).

Step 4: Add a Payment Method
Link a debit card, credit card, or UK bank account to fund your transfers. Credit cards may incur higher fees.

Step 5: Start Sending Money
Once your account is verified, you can begin sending money to Singapore and track your transfers in real time.

Q&A

​Remitly is a UK-regulated online money transfer service designed for fast, reliable personal transfers to Singapore. With its intuitive mobile app and competitive pricing, it’s a top choice for users supporting family abroad or covering urgent expenses.

Whether you're sending for household needs, tuition, or emergencies, Remitly makes the process smooth — with options tailored to both speed and budget. [12] ​

Key Information About Remitly

Remitly is built for personal transfers, with a focus on speed, affordability, and ease of use. Here are the key details for sending money from the UK to Singapore.

How To Open a Remitly Account

Remitly offers a simple sign-up process for UK residents looking to send money to Singapore. The platform is mobile-first, and getting started only takes a few easy steps.

Step 1: Visit the Website or Download the App
Go to the Remitly website or download the Remitly app from the App Store or Google Play.

Step 2: Sign Up for an Account
Enter your full name, email address, and UK mobile number to create your account.

Step 3: Choose Your Delivery Country
Select Singapore as your delivery country and choose your preferred delivery method (e.g. bank deposit).

Step 4: Set Up Your First Transfer
Enter the recipient’s full name and bank details in Singapore, then select your payment method (debit card, credit card, or bank transfer).

Step 5: Verify Your Identity
Upload a government-issued ID (e.g. passport or driving licence). Identity verification may be required depending on your transfer amount.

Step 6: Complete the Transfer
Review the transfer details, confirm the exchange rate and fees, then securely send your money.

​HSBC UK is a globally recognised bank offering secure international transfers for individuals and businesses. Regulated by the Financial Conduct Authority (FCA), it provides trusted banking solutions for sending money from the UK to Singapore.

With dedicated services for HSBC account holders, including its Global Money Account and cross-border account management tools, HSBC is ideal for those who prefer using traditional banking channels for GBP to SGD transfers. ​[13]

Key Information About HSBC UK

HSBC UK offers a reliable way to transfer money from your GBP account to Singapore through its global banking network. [14] [15]

How To Open a HSBC UK Account

HSBC UK offers separate onboarding flows for personal and business customers. Choose the path that fits your needs below: [16] [17]

For Personal Accounts

Step 1: Visit the HSBC UK website
Navigate to the personal banking section at the HSBC UK website.

Step 2: Choose an Account Type
Select the account you want to open, such as a Bank Account or Global Money Account (available to existing current account holders).

Step 3: Apply Online or In-Branch
Submit your application with valid ID and proof of address.

Step 4: Set Up Online Banking
Activate your online banking access via the HSBC mobile app or desktop banking platform.

Step 5: Start Sending
Once your account is active, use Global Transfers or the Global Money platform to send money from the UK to Singapore.

For Business Accounts

Step 1: Visit the HSBC Business UK Website
Go to the business banking section of HSBC’s official UK site to explore available account options.

Step 2: Choose a Business Account
Select an international-friendly option like the Business Currency Account.

Step 3: Apply Online or Speak with a Specialist
Submit your application with registration and verification documents, such as company details and incorporation certificates.

Step 4: Set Up Business Banking
Once approved, set up online banking through HSBCnet or other HSBC business tools.

Step 5: Start Sending International Transfers
Use HSBC’s global payment solutions to send money to Singapore securely.

Whether you're supporting family or managing international money transfers for business, sending money from the UK to Singapore can come with unexpected costs and delays. Understanding these common pitfalls can help you avoid losing time or money.

Bank Transfer Fees

Transfer fees can reduce how much your recipient gets, especially if several parties deduct charges along the way. Here's what to watch for:

• Sending bank fees: Many UK banks apply international transfer fees, which can range between £10 and £25 depending on the method and account type
• Intermediary bank fees: SWIFT transfers may pass through third-party banks, each taking their own cut.
• Receiving bank fees: Some Singapore banks charge a small handling fee before crediting the funds.

These costs often aren't disclosed upfront, making it difficult to estimate the true transfer cost.

Unfavourable GBP to SGD Exchange Rates

Exchange rates are one of the most overlooked costs in international money transfers. While some providers offer the real mid-market rate (the rate you see on Google), others apply hidden markups — often without disclosing them upfront.

Even a small change matters. 

For example, sending £1,000 to Singapore with a 1.5–2% markup can result in your recipient receiving SGD 25–35 less than expected.

Some providers also offer promotional rates to new users, but these might revert after the first transfer so it’s worth checking the rate each time.

Weekend and Public Holiday Delays

International money transfers between the UK and Singapore can be delayed due to weekends, public holidays, and time zone differences. Planning your transfer around these dates helps avoid unexpected delays, especially if you’re using traditional bank transfers.
Below are key holidays to watch out for in 2025:[18] [19]

Sending money to Singapore from the UK doesn’t have to be complex. By comparing international money transfer providers, you can save on transfer fees, get better GBP to SGD exchange rates, and avoid unnecessary delays, whether you're supporting loved ones or settling cross-border business payments.