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Compare today's SGD to VEF (Singapore Dollar to Venezuelan Bolivar) exchange rates

Singapore
Venezuela
SGD
Interbank Exchange Rate: 1 SGD = 46,372,796.3058 VEF
Updated over 24 hours ago

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All you need to know about Singapore Dollar to Venezuelan Bolivar money transfers

Easily compare money transfer providers in one place to send money from Singapore to Venezuela. Send money overseas to your loved ones by comparing Singapore Dollar (SGD) to Venezuelan Bolivar (VEF) 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.

Were you looking to send money from Venezuela 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 VEF Conversion Rates

Here are some latest SGD to VEF (Singapore Dollar to Venezuelan Bolivar) exchange rates for popular conversion amounts*.

1 SGD46,372,796.31 VEF
5 SGD231,863,981.53 VEF
10 SGD463,727,963.06 VEF
25 SGD1,159,319,907.65 VEF
50 SGD2,318,639,815.29 VEF
100 SGD4,637,279,630.58 VEF
150 SGD6,955,919,445.87 VEF
200 SGD9,274,559,261.16 VEF
250 SGD11,593,199,076.45 VEF
300 SGD13,911,838,891.74 VEF
400 SGD18,549,118,522.32 VEF
500 SGD23,186,398,152.90 VEF
600 SGD27,823,677,783.48 VEF
700 SGD32,460,957,414.06 VEF
800 SGD37,098,237,044.64 VEF
1,000 SGD46,372,796,305.80 VEF
1,500 SGD69,559,194,458.70 VEF
2,000 SGD92,745,592,611.60 VEF
2,500 SGD115,931,990,764.50 VEF
3,000 SGD139,118,388,917.40 VEF
4,000 SGD185,491,185,223.20 VEF
5,000 SGD231,863,981,529.00 VEF
10,000 SGD463,727,963,058.00 VEF
15,000 SGD695,591,944,587.00 VEF
20,000 SGD927,455,926,116.00 VEF
30,000 SGD1,391,183,889,174.00 VEF
40,000 SGD1,854,911,852,232.00 VEF
50,000 SGD2,318,639,815,290.00 VEF
100,000 SGD4,637,279,630,580.00 VEF

*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 to Venezuela from Singapore?

There are many good choices when it comes to sending money from Singapore to Venezuela. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Singapore Dollar to VEF money transfers.

We compare different remittance companies to bring you the best options to send money to Venezuela from Singapore. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Singapore Dollar to Venezuelan Bolivar money transfers. You can take advantage of these deals and make the most of your hard earned money.


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

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Venezuela from Singapore.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your SGD to Venezuelan Bolivar remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for SGD to VEF remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


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

One of the most important things to watch out for is hidden fees when sending money to Venezuela 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 Venezuela using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Venezuelan Bolivar foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best SGD to Venezuela 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 Venezuela from Singapore.


Should I use my bank to transfer money from Singapore to Venezuela?

Big banks in Singapore are known to make a lot of money by charging high fees on Venezuela money transfers from Singapore. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a SGD to VEF exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Venezuela. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Singapore to Venezuela. You work hard for your money, so you should also ensure you get the maximum yield when you send VEF overseas.


How to send money to Venezuela from Singapore fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Singapore to Venezuela. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert SGD to VEF fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Singapore Dollar amount reaching Venezuela. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Venezuelan Bolivar quickly to Venezuela, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

The first step in selecting the best money transfer operators for Singapore to Venezuela remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Singapore Dollar to Venezuelan Bolivar money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Venezuela.


Step by step guide to send money from Singapore to Venezuela

There are many important aspects of Singapore to Venezuela remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Singapore bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include VEF bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Singapore Dollar amount you want to send from Singapore.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Venezuela to validate that they get the money once the transaction clears.