Question 1

What's the best way to do Singapore to Romania money transfers?

Accepted Answer

Sending money internationally to Romania from Singapore can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Singapore Dollar to RON remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Romania. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Romanian Leu.

Question 2

How to get the best exchange rate for your money transfers from Singapore to Romania?

Accepted Answer

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your SGD to Romanian Leu money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Singapore to Romania. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for SGD to RON remittances. With our daily free rate alert, you will never have to manually search and compare providers again.

Question 3

What's the cheapest way to transfer money from Singapore to Romania?

Accepted Answer

One of the most important things to watch out for is hidden fees when sending money to Romania from Singapore. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Romania using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Romanian Leu foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best SGD to Romania exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Romania from Singapore.

Question 4

How to send money from Singapore to Romania through a bank?

Accepted Answer

We do not recommend using your local bank in Singapore for your next SGD to RON overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Singapore to Romania (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending RON to Romania. These companies will let you use your local bank account in Singapore to pay for your Romania money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.

Question 5

What is the fastest way to transfer money from Singapore to Romania?

Accepted Answer

The speed of your Singapore Dollar to Romanian Leu funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert SGD to RON. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Romania from Singapore is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Romania if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout RON into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Singapore bank to Romania bank transfer.

Question 6

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

Accepted Answer

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Singapore to Romania, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Singapore Dollar to Romanian Leu exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your RON money transfers to Romania. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Romania getting more money for every Singapore Dollar you send.

Question 7

Step by step guide to send money to Romania from Singapore

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 Romania, 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 Romania 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 Romania where they can receive monies in Romanian Leu.
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	3.44 RON
5 SGD	17.21 RON
10 SGD	34.41 RON
25 SGD	86.02 RON
50 SGD	172.05 RON
100 SGD	344.10 RON
150 SGD	516.15 RON
200 SGD	688.20 RON
250 SGD	860.25 RON
300 SGD	1,032.30 RON
400 SGD	1,376.40 RON
500 SGD	1,720.50 RON
600 SGD	2,064.60 RON
700 SGD	2,408.70 RON
800 SGD	2,752.80 RON
1000 SGD	3,441.00 RON
1500 SGD	5,161.50 RON
2000 SGD	6,882.00 RON
2500 SGD	8,602.50 RON
3000 SGD	10,323.00 RON
4000 SGD	13,764.00 RON
5000 SGD	17,205.00 RON
10000 SGD	34,410.00 RON
15000 SGD	51,615.00 RON
20000 SGD	68,820.00 RON
30000 SGD	103,230.00 RON
40000 SGD	137,640.00 RON
50000 SGD	172,050.00 RON
100000 SGD	344,100.00 RON

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