How do you transfer money from India to Singapore?

Ways to Transfer Money from India To Singapore:

1. Bank Transfer:

- Visit your bank's branch In India, or use its online/mobile banking platform.

- Fill out the required details, such as the recipient's name, bank account number, the amount to transfer, and the bank’s SWIFT/BIC code.

- Add beneficiary details - The SWIFT code for DBS Bank in Singapore is “DBSSSGSG”.

- Verify the information entered and confirm the transfer.

2. Remitly:

- Sign up for a Remitly account and verify your identity. (Indian users can use their Aadhar card and PAN)

- Provide details of the recipient in Singapore- name, bank account details and the amount you wish to send.

- Remitly also offers "Express" option that gets the funds to the recipient within minutes, and "Economy" option that takes longer but charges lower fees.

- Complete the payment using a local Indian bank account, debit card or credit card.

3. TransferWise:

- Create a TransferWise account and verify your identity.

- Enter the recipient’s details in Singapore, including their bank account information and the amount to be transferred.

- Choose your payment method (bank transfer, credit/debit card, UPI, etc.).

- Confirm the transfer, and the funds will be converted and sent to the recipient's bank account.

4. Western Union:

- Visit a Western Union agent location in India or access their website/mobile app.

- Provide details about the recipient in Singapore, including their name, address, and contact information.

- Complete the payment using cash or a local bank account.

- The recipient in Singapore can collect the money from a Western Union agent location or have it deposited into their bank account.

5. Instarem:

- Register an account with Instarem and complete the verification process.

- Enter the recipient’s details in Singapore, including their bank account number and the amount to transfer.

- Choose your preferred payment method (Debit card, Credit Card, UPI or NEFT).

- Confirm the transfer and the funds will be converted and delivered to the recipient’s bank account.

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