Transfer Money to Singapore from USA
How to
transfer money to Singapore from USA? This is the way international
money transfer is safe, cheap, easy, as well as fast.
Domestic
money transfers may already be something ordinary and easy for you. But how to
conduct financial transactions between countries that have currency
differences?
What kind of
money transfer service do you choose? Which is cheap, safe, and fast
International shipping service to Singapore?
That's why
you need to make this article a reference. Several methods of international
money transfer are written here. You can listen and compare the best service
providers.
So that your
family or relatives in the USA, can easily and safely send money into
Singapore. Happy reading, sorting, and selecting.
Western Union
Western Union is a very popular money transfer service in the world today. Wherever you
are, in the USA, Malaysia, UK, Singapore, India or any other country, it can
easily find Western Union.
Western
Union spreads almost all over the world. Present in 200 countries and become
the number one choice of world citizens. Western Union is believed to be safe,
easy, fast, and inexpensive.
This guide
money transfer from USA to Singapore via WU
- Find your
nearest Western Union office or agent location. You can check the office
location and WU agent in USA via the search feature on Western Union website.
- Before you
go, prepare all the requirements. Like the ID, visa, and the amount of money
you want to send.
- Upon
arriving at the WU office, tell the officer that you want to send money to
Singapore. The WU officer will provide you with your submission form. Fill out
the form.
- You can
transfer money from USA to bank in Singapore (Bank in cooperation with Western
Union). You can ask any of the WU officers of any bank in Singapore who can
receive WU transfer.
- In addition
to the bank, you can also transfer to Western Union agents in Singapore. Money
can be taken in cash.
- Provide a
form to the officer along with your ID. They then examine the form. If it is
valid, the officer will request the remittance along with the shipping
administration fee.
- You can ask
how much money will go to Singapore dollars after converting from USA dollars.
- Once the
transaction is completed, the officer will provide you with proof of
transaction. It contains the MTCN code.
- Tell the
code to the recipient who will use it when making money. Make sure before
taking the money, the recipient carries the KTP.
The money
you transfer from the USA, can be delivered directly to the Western Union
officers in Singapore to your home when you use the shuttle service. This
service is available for cost.
How long the
shipment from USA to Singapore is about two to three working days. Can also eat
time until one week.
You should
ask this to a Western Union officer. Check status updates through Western Union
online checking service.
Money Gram
In addition to Western Union, the recommended foreign transfer service provider is Money Gram. Money Gram shipping costs compete with Western Union.
Money Gram
has been used by many people around the world. Money Gram's range has reached
170 countries and 104,000 agents around the world.
In
Singapore, Money Gram has spread to many locations. Besides superior shipping
costs are cheap, Money Gram delivery is also considered fast.
You can
transfer money from USA to banks in Singapore in cooperation with Money Gram.
Can also direct transfer to the Money Gram agent that has been spread in
Singapore.
How to send
money from USA to Singapore via Moneygram is simple.
- First, look
for an office or nearest Money Gram agent in the USA. You can do a location
search on the Money Gram website.
- Before you
leave, set up your ID and the money you will transfer. Don't forget any
administration fees.
- Upon
arriving at the Money Gram Office, katakana to the officer that you want to
make international transactions to Singapore. The officer will provide you with
a submission form.
- Once the
form is complete, give it to the officer along with the ID and the transferring
money.
- Transactions
are then processed. You will get a printed transaction that contains an 8-digit
reference number.
- Notify the
code to the recipient in Singapore. The code is used to collect transfer money
in Singapore. The receiver must carry the ID when it will take the money.
- How long
the transaction process to Singapore, can be in just a few minutes or two to
three days. Ask this to the Money Gram clerk.
Wire Transfer
If you have
a bank account number in the USA, you can make a direct delivery to Singapore
via Wire Transfer service.
Come to a
bank abroad and say to the officer that you want to transfer from to a local
bank in Singapore.
The bank
officer will provide you with a shipping slip. Fill out the form as instructed.
Don't forget to enter the bank SWIFT code in Singapore. The SWIFT code of each
bank in Singapore is not the same. Ask this code to the officer.
The cost of
shipping via Wire Transfer may reach 20 dollars. Shipping costs are not banks
also not the same.
Transferwise
Lately, more
people are making international shipments with Transferwise. Many people in
Singapore have chosen this international transfer service.
Transferwise
shipping costs claimed cheap. You can check and try directly through the
TransferWise website.
Register Account
- First you
have to create a Transferwise account. Visit the Transferwise website and
register.
- Choose Sign
Up. After that, input your personal data according to your identity card.
- Second,
upload your KTP photo. Can also use the SIM. Finished the upload, you are asked
to wait. The Transferwise team will check and verify your data (verification
may be several hours).
- Upon
completion of verification, you will be asked to complete the identity in
detail. Fill in the Bank data and bank number in Singapore.
- Once the
identity card matches the account, you must attach a bank statement or proof of
residence.
- Once all is
valid, you will get notifications from Transferwise via email. Confirm for the
Transferwise borderless account.
- In this
stage, you can already create a borderless account. At Transferwise, 4
currencies can be activated. Namely US Dollar, Europe EURO, Australian Dollar,
British Pounds. Which one you will activate, depending on the currency you want
to use.
- Your
borderless account is ready for use.
How to Transfer money USA to Singapore via Transferwise
- After a
borderless account is active, you can use the Transferwise app (download it in
Playstore or Appstore).
- Open the
app. Then add a local bank account as a transfer destination. Go to the
Recipients menu and click Add your bank account.
- Then fill
in the bank account in Singapore. Account number contents of account numbers.
Then click on confirm.
- To make the
transfer, please enter the Transfer menu. Click the Send Money button.
- Enter the
amount of money you want to send. The sender's currency and the recipient's
currency. For example 2000 US dollars are sent to Singapore dollars.
- Next select
Continue. Input the sender information. Select a transfer destination. If sent
to someone else in Singapore, select someone else. Enter the recipient's data
(name, email, and beneficiary bank account number).
- You get
into the transfer review. Please fill in with transfer purpose. It can also be
emptied. After that select confirm.
- You must
choose a transfer via Debit Card, Credit Card, or Bank Transfer.
- If the
shipment is made above €1,000, you must verify the account. Upload your KTP,
passport, or DRIVER's license.
Deliveries
are processed within one to five days. Mostly according to Transferwise users,
it is not up to 24 hours of money.
That's how
transfer money to Singapore from USA. Hopefully this reference can help
you choose the best international money transfer service.
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