Question 1

What's the best way to send money from Singapore to Japan?

Accepted Answer

With the global remittance market booming, there are so many choices for Singapore Dollar to JPY money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Japan from Singapore. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final JPY amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.

Question 2

How to get the best exchange rate for sending money from Singapore to Japan?

Accepted Answer

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Japan from Singapore. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your SGD to Japanese Yen money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Singapore to Japan corridor to give you more good choices for your next JPY money transfer. This way you do not miss out on additional options to potentially save more.

Question 3

What's the cheapest way to send money from Singapore to Japan?

Accepted Answer

The final amount your recipient gets when you send SGD to JPY is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Singapore to Japan used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Japanese Yen is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Singapore Dollar to Japan exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.

Question 4

Should I use my bank to send money from Singapore to Japan?

Accepted Answer

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low SGD to JPY exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Singapore to Japan money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Japan from Singapore. They do this by letting you fund your transaction through your local bank account in Singapore, and by allowing you to choose the payout to be your recipient's bank account in Japan. But, you are likely to get much better rates and lower fees compared to your bank.

Question 5

What is the fastest way to do a money transfer to Japan from Singapore?

Accepted Answer

The first thing to do when you need to convert SGD to JPY quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Singapore Dollar and Japanese Yen. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Singapore to Japan remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Japan.

Question 6

Which are the best money transfer companies to transfer money to Japan from Singapore?

Accepted Answer

Singapore to Japan money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Japan as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Singapore Dollar to Japanese Yen money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.

Question 7

Step by step guide to send money from Singapore to Japan

Accepted Answer

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Singapore to Japan, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Singapore to Japan that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
Provide information about the receiver - name, address and a bank account in Japan where they can receive monies in Japanese Yen.
Then, provide details of your Singapore bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
Finally, select the amount you want to transfer, and click Send.
The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your SGD travel to another part of the globe.

1 SGD	124.18 JPY
5 SGD	620.90 JPY
10 SGD	1,241.79 JPY
25 SGD	3,104.48 JPY
50 SGD	6,208.97 JPY
100 SGD	12,417.93 JPY
150 SGD	18,626.90 JPY
200 SGD	24,835.86 JPY
250 SGD	31,044.83 JPY
300 SGD	37,253.79 JPY
400 SGD	49,671.72 JPY
500 SGD	62,089.65 JPY
600 SGD	74,507.58 JPY
700 SGD	86,925.51 JPY
800 SGD	99,343.44 JPY
1000 SGD	124,179.30 JPY
1500 SGD	186,268.95 JPY
2000 SGD	248,358.60 JPY
2500 SGD	310,448.25 JPY
3000 SGD	372,537.90 JPY
4000 SGD	496,717.20 JPY
5000 SGD	620,896.50 JPY
10000 SGD	1,241,793.00 JPY
15000 SGD	1,862,689.50 JPY
20000 SGD	2,483,586.00 JPY
30000 SGD	3,725,379.00 JPY
40000 SGD	4,967,172.00 JPY
50000 SGD	6,208,965.00 JPY
100000 SGD	12,417,930.00 JPY

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