Best Way to Send Money to Madagascar from Singapore (SGD to MGA)

Sending money from Singapore to Madagascar: what today's data shows

RemitFinder compares 4 providers and 10 ways to send money from Singapore to Madagascar. The mid-market rate is MGA 3,531.3948 per SGD. 3 providers have no-fee options. The fastest published delivery is instant.

🧭 What is the best way to send money to Madagascar from Singapore?

It depends on how you pay, how your recipient wants the money and how much you send. RemitFinder compares 4 providers offering 10 ways to send Singapore Dollar (SGD) to Malagasy Ariary (MGA).

🔀 Ways to receive:

Cash Pickup, Mobile Wallet and Bank Account are the most widely offered ways to receive, with 2 providers each.

💱 How to get the best SGD to MGA exchange rate?

The mid-market Singapore Dollar to Malagasy Ariary rate today is MGA 3,531.3948 per SGD. Providers add a markup to it, so compare the rate each one gives you, not the mid-market rate.

At that rate, SGD 1,000 is MGA 3,531,394.80, and each 1% of markup costs about MGA 35,313.95.

• 📊 Rates run from MGA 3,346.46 to MGA 3,490.9839 per SGD across all amounts. The top three rates are from Western Union (MGA 3,490.9839), Airwallex (MGA 3,473.9892) and MoneyGram (MGA 3,452.3563 for transfers up to SGD 1,440).
• 📏 Typical markup: 1.93%. The median provider's best rate is 1.93% below the mid-market rate.

How your recipient gets the money changes the rate. The median provider's best rate is 1.69% below the mid-market rate for money received in a Mobile Wallet, 3.08% below it as Cash Pickup and 3.43% below it in a Bank Account.

💸 What is the cheapest way to send money to Madagascar from Singapore?

It depends on the amount: fees and exchange rates change with how much you send, so the cards above rank every way to send at the amount you enter.

• 🆓 3 providers charge no fee on some ways to send or some amounts: Airwallex, MoneyGram and Western Union.

🏦 How to send money from Singapore to Madagascar through a bank?

3 providers accept payment by Bank Transfer. Your recipient can receive the money in a Bank Account with 2 providers.

• ⏱️ Money typically arrives in a Bank Account in 2–4 days, and Airwallex publishes delivery in about 2 hours.
• 🧾 What you need: the recipient's full name, bank name and account number, plus the bank's code.

Find the bank code: SWIFT codes for banks in Madagascar.

⚡ How to send money from Singapore to Madagascar fast?

The fastest published delivery arrives instantly, with MoneyGram (Cash Pickup).

By the times providers publish, money can arrive instantly as Cash Pickup, within 30 minutes in a Mobile Wallet and in about 2 hours in a Bank Account.

Delivery times are those providers publish, or typical times for the delivery method where they publish none. Actual times can vary with identity checks, bank cut-off times and public holidays.

🏆 Which are the best money transfer companies to send money to Madagascar from Singapore?

There's no single best company: it depends on the amount and how you send. These are today's standouts, each by a measured figure.

• 💱 Western Union, Airwallex and MoneyGram offer the highest exchange rates, from MGA 3,452.3563 to MGA 3,490.9839 per SGD.
• 🔀 MoneyGram offers the most ways to send (4), followed by Western Union (4) and Airwallex (1).
• 💵 MoneyGram and Western Union offer Cash Pickup in Madagascar.
• 🆓 3 providers have no-fee options.
• ⚡ MoneyGram publishes the fastest delivery: instant.

Below are the details for each provider, in alphabetical order: its exchange rate, fees, ways to pay and receive, delivery times, limits and what your recipient gets.

Airwallex SGD to MGA exchange rate today

• 💱 Airwallex's Singapore Dollar to Malagasy Ariary exchange rate is MGA 3,473.9892 per SGD, 1.63% below the mid-market rate.
• 💸 Airwallex charges no fee.
• 🏦 With Airwallex, you pay from a Bank Account, and your recipient gets the money in a Bank Account.
• ⏱️ With Airwallex, money arrives in a Bank Account in about 2 hours.

MoneyGram SGD to MGA exchange rate today

• 💱 MoneyGram's Singapore Dollar to Malagasy Ariary exchange rate runs from MGA 3,354.5724 to MGA 3,452.3563 per SGD. Its best rate applies to transfers up to SGD 1,440 and is 2.24% below the mid-market rate.
• 💸 MoneyGram charges 3% + SGD 3 when you pay by Credit Card. When you pay by Debit Card, it charges SGD 3 when your recipient gets the money as Cash Pickup and no fee when your recipient gets the money in a Mobile Wallet.
• 🏦 With MoneyGram, you pay by Credit Card or by Debit Card, and your recipient gets the money as Cash Pickup or in a Mobile Wallet.
• ⏱️ With MoneyGram, money arrives as Cash Pickup instantly and in a Mobile Wallet within 30 minutes.
• 📏 MoneyGram accepts up to SGD 5,990 per transfer.

Remitly SGD to MGA exchange rate today

• 💱 Remitly's Singapore Dollar to Malagasy Ariary exchange rate is MGA 3,346.46 per SGD, 5.24% below the mid-market rate.
• 💸 Remitly's fee is not published for SGD to MGA transfers, so amounts here include an estimated fee.
• 🏦 With Remitly, you pay from a Bank Account, and your recipient gets the money in a Bank Account.
• ⏱️ With Remitly, money arrives in a Bank Account typically in 2–4 days.
• 📏 Remitly accepts up to SGD 20,000 per transfer.

Western Union SGD to MGA exchange rate today

• 💱 Western Union's Singapore Dollar to Malagasy Ariary exchange rate is MGA 3,490.9839 per SGD, 1.14% below the mid-market rate.
• 💸 Western Union charges no fee.
• 🏦 With Western Union, you pay by PayNow or with WU Pay, and your recipient gets the money as Cash Pickup or in a Mobile Wallet.
• ⏱️ With Western Union, money arrives as Cash Pickup typically within 2 hours and in a Mobile Wallet typically within 30 minutes.

Limits are those providers publish to RemitFinder. What you can actually send depends on the provider's checks, your account and the rules in both countries.

🪜 Step by step guide to send money from Singapore to Madagascar

1. Compare providers. RemitFinder lists 4 providers and 10 ways to send; the cards above rank them for your amount.
2. Choose how to pay. You can pay by PayNow, from a Bank Account, by Credit Card, by Debit Card or with WU Pay.
3. Choose how your recipient gets the money. Cash Pickup (2 providers), Mobile Wallet (2 providers) or Bank Account (2 providers).
4. Check the limits. Published maximums start at SGD 5,990 per transfer. What you can send also depends on the provider's checks and the rules in both countries.
5. Sign up and verify your identity. Providers need ID before your first transfer.
6. Add your recipient's details. Name and Bank Account details, or their name as on their ID for Cash Pickup. Find the bank code: SWIFT codes for banks in Madagascar.
7. Pay and track the transfer. The fastest published delivery arrives instantly. Money typically arrives in a Bank Account in 2–4 days.

Frequently Asked Questions: Sending money to Madagascar from Singapore

These FAQs use data from RemitFinder's live comparison of 4 providers for Singapore to Madagascar money transfers.

• How do I send money from Singapore to Madagascar?

  Compare 4 providers on RemitFinder, choose how you pay and how your recipient gets the money, then send online with the provider you pick.

• What is the best way to send money to Madagascar from Singapore?

  It depends on how you pay, how your recipient wants the money and how much you send.

• What is the cheapest way to send money to Madagascar?

  3 providers charge no fee on some ways to send or some amounts, and the exchange-rate markup decides the rest. RemitFinder ranks every way to send by what your recipient gets, fees included.

• What is the SGD to MGA exchange rate today?

  The mid-market rate is MGA 3,531.3948 per SGD. Providers' rates run from MGA 3,346.46 to MGA 3,490.9839.

• How can I send cash to Madagascar from Singapore?

  MoneyGram and Western Union offer Cash Pickup in Madagascar. By published times, Cash Pickup can be ready instantly with MoneyGram.

• What is the fastest way to send money to Madagascar?

  By their published times, MoneyGram delivers fastest, instantly.

• Can I send money from Singapore to Madagascar instantly?

  Yes. MoneyGram publishes delivery within an hour on some ways to send.

• How much money can I send to Madagascar from Singapore?

  Each provider sets its own limits. The lowest published maximum is SGD 5,990, and 2 of 4 providers publish no maximum. Checks and the rules in both countries also apply.

• Can I send money to Madagascar without fees?

  Yes, with Airwallex, MoneyGram and Western Union on some ways to send or some amounts. Check the exchange rate too, as a no-fee transfer can still carry a markup.

• Which providers send money from Singapore to Madagascar?

  RemitFinder compares 4 providers: Airwallex, MoneyGram, Remitly and Western Union.

• Which app is best to send money to Madagascar?

  It depends on your amount and how you pay. RemitFinder compares 4 providers and ranks every way to send for the amount you enter.

• Why do providers charge different amounts to send money to Madagascar?

  Each provider sets its own exchange-rate markup and fees, and both can change with how you pay, how your recipient gets the money and how much you send.