9 Best Remittance Services in Singapore (2026)
Nine MAS-licensed remittance and money transfer services in Singapore, from apps to cash-pickup networks. Check each provider's current terms yourself.
- Edited by
- Amir Wahab
- Published
- Reading time
- 7 min read
AI image by LocalRankSending money home or abroad from Singapore is regulated: remittance operators here hold a payment institution licence from the Monetary Authority of Singapore (MAS) under the Payment Services Act. This page lists nine providers that state such a licence on their own sites, and each licence claim is attributed to the provider rather than treated as our verdict. Each entry covers how the provider describes its service, from online apps to cash-pickup networks. We deliberately show no exchange rates, fees or speeds, because they change constantly and depend on corridor and payment method. The order is editorial grouping, not a ranking. Check the MAS Financial Institutions Directory and the provider's current terms before sending money.
1. Wise
Wise Singapore describes itself as an international account for sending, spending and converting money, and its Singapore footer states that Wise Asia-Pacific Pte Ltd is regulated as a Major Payment Institution by MAS. On its send-money page it says customers can fund a transfer from a Wise multi-currency balance, by bank transfer or with a debit or credit card, and that recipients can be paid into local bank accounts without needing a Wise account of their own. The same account can hold several currencies, which can be used for regular overseas payments as well as one-off transfers. It is an app and web service, and its page describes no cash-pickup option. Check current fees, rates and coverage on its own site.
2. Instarem
Instarem is the consumer money-transfer brand of Nium Pte Ltd, and its help centre states that Nium is regulated by MAS as a Major Payment Institution; MAS's public directory also lists Nium as a Major Payment Institution that provides cross-border money transfer. Instarem's Singapore site presents an app and web service for sending money overseas, with transfer tracking in the app and a rewards programme attached to transfers. It also points to an Amaze travel card and to business payment products from the same group, so it covers more than a single remittance. Customers should read the remittance terms and conditions it publishes before sending, and compare the live quote shown at checkout, since coverage and pricing depend on the destination.
3. SingX
SingX is a Singapore-founded online money-transfer service, and its site footer states that SingX Singapore Pte Ltd is regulated as a remittance business by MAS; the entity also appears in MAS's public directory as a Major Payment Institution. The provider describes a web platform and iOS and Android apps for registering, quoting, paying and tracking a transfer, plus an SGD wallet that customers can top up and reuse. Its site lists destinations across Asia, Africa, Europe, North America and Oceania, naming markets such as Bangladesh, India, Indonesia, Malaysia, Nepal, the Philippines, Sri Lanka and Vietnam. It says it works with licensed remittance operators in each destination country. Check the corridor you need, and current charges, on SingX's own site before you commit.
4. Remitly
Remitly's Singapore user agreement says Remitly Singapore Pte. Ltd. is licensed by MAS as a Major Payment Institution to provide cross-border money transfer, and the same agreement cautions that this licence does not mean customers can recover all their money if the business fails. MAS's public directory lists the entity for cross-border money transfer. Remitly's Singapore pages describe a mobile app and website service for sending money abroad, built around personal remittance rather than business payments, and the agreement states that users must be Singapore residents. Which payout methods exist depends on the destination, so use the options Remitly displays for your recipient's country, and read the user agreement it publishes before sending money.
5. Western Union
Western Union's Singapore contact page says its money transfer service is provided through Western Union Global Network Pte. Ltd., a Major Payment Institution under the Payment Services Act 2019, together with licensed authorised agents. The Singapore site describes three ways to send: online after registering, through its mobile app, or in person at agent locations, and it offers a store-locator for those agents. For receiving money in Singapore it describes payout to a bank account or as cash pickup at agent locations. Customers must register before first online use, as the site explains. This is a long-established global brand, but corridors, payout options and charges differ by country, so check them on its own site first.
6. Ample Transfers
Ample Transfers describes itself as a Singapore-based remittance provider serving migrant communities across Asia, and its site states that it holds a Major Payment Institution licence from MAS under the Payment Services Act; MAS's directory lists it for cross-border money transfer and money-changing. It offers an online service called AmpleSend Online as well as in-person transactions at several branches, and its site lists payment modes including PayNow, bank transfer and cash. Destinations named on its site include Bangladesh, China, India, Indonesia, Malaysia, the Philippines, Sri Lanka, Thailand and Vietnam. It publishes a contact page with an enquiry form that separates general, corporate and transaction-issue questions. Confirm current branch details, corridors and charges with Ample Transfers directly before remitting.
7. Dash Remit
Dash Remit is the money-transfer service inside the Dash app, and its page says it is provided by SingCash Pte Ltd, licensed by MAS and part of the Western Union Group; MAS's public directory lists SingCash as a Major Payment Institution providing cross-border money transfer. The site says users can register through the mobile app with photo ID and a selfie, or in person at its Lucky Plaza centre, and can top up by PayNow, bank transfer or at listed cash locations. It names destinations including Bangladesh, China, India, Indonesia, Malaysia, Myanmar, the Philippines, Thailand, Vietnam and South Korea, among others. It has a support portal and WhatsApp chat. Check live corridors and terms inside the app before sending.
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8. eRemit Singapore
eRemit Singapore is the remittance service of Kliq Pte Ltd, which its site describes as a licensed remittance service provider and a subsidiary of Merchantrade Sdn Bhd; MAS's public directory lists Kliq Pte. Ltd. as a Major Payment Institution for cross-border money transfer. The provider says customers can send through a mobile app for iOS and Android or an online platform, with delivery by bank transfer or at cash-pickup outlets, and it names Bangladesh and Indonesia among its destinations. Its contact page lists daily customer-care hours and a contact form. Because the site directs customers to separate rate and promotion sections, work out the specific corridor and delivery method you need on eRemit's own pages, and read its published terms before you start.
9. IN REMIT
IN REMIT describes itself as a mobile-only remittance service for migrant workers who may not have a bank account, and its site states that IN REMIT Pte. Ltd. is regulated by MAS as a Standard Payment Institution; MAS's directory lists it for account issuance, cross-border money transfer and e-money issuance. Its site says the app is available in several languages and supports transfers to bank accounts, cash pickup through partner agents and mobile wallets such as bKash, as well as mobile top-ups and bill payments. Destinations named include Bangladesh, China, India, Indonesia, Malaysia, the Philippines, Thailand, Vietnam and Nepal. As a standard rather than major institution it is licensed under a different tier, so check current terms, safeguarding arrangements and corridors on its own site.
How to choose
- Check the provider's licence yourself. Look the company up on the MAS Financial Institutions Directory, confirm the exact legal entity matches the one named in the app or terms, and note whether it is a standard or major payment institution. A licensed operator is not endorsed by MAS, and licensing alone does not guarantee a good experience.
- Compare the full cost of a transfer, not a single headline figure. The exchange rate applied, any service fee, and charges taken by banks or payout partners all affect what arrives. Use each provider's own calculator for your exact route on the day you send, and check whether the quote shows the amount the recipient receives.
- Match the delivery method to your recipient. Bank deposit, cash pickup and mobile wallet are not available in every country, and some corridors support only one. Confirm that your recipient can actually collect, bring the identification the pickup point requires, and ask the provider what happens if a transfer is delayed or returned.
- Understand how your money is protected. Payment institutions must safeguard customer funds, but the arrangement varies, and Remitly's own terms note that a licence does not mean you can recover everything if a business fails. Read the safeguarding section of the terms, and avoid leaving large balances sitting in any provider's wallet.
- Read the terms and know where to complain. Check the cancellation and refund policy, identity verification steps, transfer limits, and how to reach support in your language. If a problem is not resolved, MAS says consumers should first contact the remittance company, and it describes escalation routes such as the Small Claims Tribunals.
. No changes recorded since.
Founder and Editor
Amir Wahab is the founder and editor of LocalRank, an independent Singapore rankings and local guides publication.
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