Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's SGD to TWD (Singapore Dollar to New Taiwan Dollar) exchange rates

Singapore
Taiwan
SGD
Interbank Exchange Rate: 1 SGD = 24.1521 TWD
Updated about an hour ago

Found 2 Remittance Service Providers

REGENCYFX
Read more about Regency FX
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 SGD =
24 127.90 TWD
Transfer Limit (SGD): No Limits
Indicative Rate1 SGD = 24.1279 TWD
MONEYMATCH
Read more about MoneyMatch
( )★★ ( )★★ ( )★★ ( )★★ ( )★★
1000 SGD =
23 673.70 TWD
Transfer Limit (SGD): 0 - 30000
Indicative Rate1 SGD = 23.6737 TWD

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Singapore Dollar to New Taiwan Dollar money transfers

Easily compare money transfer providers in one place to send money from Singapore to Taiwan. Send money overseas to your loved ones by comparing Singapore Dollar (SGD) to New Taiwan Dollar (TWD) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

RemitFinder compared 2 money transfer operators to get you the best FX rates to send money from Singapore to Taiwan.

The best rate to send New Taiwan Dollar from Singapore Dollar to your loved ones in Taiwan is currently offered by Regency FX; their 1 SGD to TWD exchange rate today is 24.1279.

MoneyMatch offers the next most competitive Singapore Dollar to New Taiwan Dollar exchange rate today (currently 1 SGD = 23.6737 TWD).

Were you looking to send money from Taiwan to Singapore instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest SGD to TWD Conversion Rates

Here are some latest SGD to TWD (Singapore Dollar to New Taiwan Dollar) exchange rates for popular conversion amounts*.

1 SGD24.15 TWD
5 SGD120.76 TWD
10 SGD241.52 TWD
25 SGD603.80 TWD
50 SGD1,207.61 TWD
100 SGD2,415.21 TWD
150 SGD3,622.82 TWD
200 SGD4,830.42 TWD
250 SGD6,038.03 TWD
300 SGD7,245.63 TWD
400 SGD9,660.84 TWD
500 SGD12,076.05 TWD
600 SGD14,491.26 TWD
700 SGD16,906.47 TWD
800 SGD19,321.68 TWD
1,000 SGD24,152.10 TWD
1,500 SGD36,228.15 TWD
2,000 SGD48,304.20 TWD
2,500 SGD60,380.25 TWD
3,000 SGD72,456.30 TWD
4,000 SGD96,608.40 TWD
5,000 SGD120,760.50 TWD
10,000 SGD241,521.00 TWD
15,000 SGD362,281.50 TWD
20,000 SGD483,042.00 TWD
30,000 SGD724,563.00 TWD
40,000 SGD966,084.00 TWD
50,000 SGD1,207,605.00 TWD
100,000 SGD2,415,210.00 TWD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


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

It can be very confusing when sending money from Singapore to Taiwan given so many choices. Additionally, Singapore Dollar to TWD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Singapore to Taiwan as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Taiwan from Singapore. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Singapore Dollar to New Taiwan Dollar remittances.


How to get the best remit rate for transferring money from Singapore to Taiwan?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Taiwan 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 New Taiwan Dollar 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 Taiwan corridor to give you more good choices for your next TWD money transfer. This way you do not miss out on additional options to potentially save more.


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

The final amount your recipient gets when you send SGD to TWD 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 Taiwan 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 New Taiwan Dollar 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 Taiwan 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.


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

Bank transfers have been a traditionally popular way to send money overseas from Singapore to Taiwan. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the SGD to TWD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Singapore bank for your Taiwan money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


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

If you need to convert SGD to TWD as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Singapore to Taiwan could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Singapore Dollar to New Taiwan Dollar funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Taiwan.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Singapore to Taiwan. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

Since the Singapore Dollar to New Taiwan Dollar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Singapore that may also be able to send money to Taiwan. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your SGD to TWD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Taiwan gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Singapore to Taiwan transaction.


Step by step guide to do a money transfer from Singapore to Taiwan

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 Taiwan, 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 Taiwan 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 Taiwan where they can receive monies in New Taiwan Dollar.
  • 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.