Advertisement

Anonymous

06 Feb 2020

∙

What's the best way to receive money in Singapore from overseas without incurring heavy fees?

If using a service like Transferwise, can the money then be sent to a local bank account to be used in Singapore?

Wise Money Transfer DBS/POSB Multiplier Account

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Frankie Rappaport

06 Feb 2020

Transferwise: cheap&safe

Reply

Save

Write your thoughts

Related Posts

I am about to receive 2,000 GBP from UK. What's the best way to minimize the forex/transaction fees? Is it (a) to deposit 2,000 GBP at source currency via DBS's MCA and subsequently convert to SGD or (b) receive the money as SGD?

Hi,my daughter is going to the US to study. What is the best way to send money from Singapore to a local bank in the US? If I use DBS remit, will the US bank charge any transfer fees on the recipient?

Is there any fee for receiving money when I want to transfer a balance from Revolut Singapore to my Singapore OCBC or POSB account as I know there is no fee from Revolut Singapore to transfer money?

What is the best way to remit/transfer money from Hong Kong to a Singapore recipient? Looking for best rate, thank you!

What to do with the CPF money in Singapore for a Singaporean married to a foreigner while living overseas. She found out she has cancer. Is withdrawing the best option she is covered under private insurance overseas?

Related Products

Wise Money Transfer

4.1

85 Reviews

% of transfers and type of currency

TRANSACTION FEES

$1

MIN. TRANSFER AMOUNT

1-2 days

TRANSFER SPEED

60+

SUPPORTED COUNTRIES

DBS/POSB Multiplier Account

4.3

321 Reviews

Related Posts

I am about to receive 2,000 GBP from UK. What's the best way to minimize the forex/transaction fees? Is it (a) to deposit 2,000 GBP at source currency via DBS's MCA and subsequently convert to SGD or (b) receive the money as SGD?

Hi,my daughter is going to the US to study. What is the best way to send money from Singapore to a local bank in the US? If I use DBS remit, will the US bank charge any transfer fees on the recipient?

Is there any fee for receiving money when I want to transfer a balance from Revolut Singapore to my Singapore OCBC or POSB account as I know there is no fee from Revolut Singapore to transfer money?

What is the best way to remit/transfer money from Hong Kong to a Singapore recipient? Looking for best rate, thank you!

What to do with the CPF money in Singapore for a Singaporean married to a foreigner while living overseas. She found out she has cancer. Is withdrawing the best option she is covered under private insurance overseas?

Advertisement