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TransferWise makes transferring money to South Africa a breeze. Just sign up, tap in how much, and where to. Then make a local payment to TransferWise, whether it's with a bank transfer or your card. And that's it.
TransferWise converts your money at the fairest rate out there - the real rate - so you save big time (even versus the guys saying there's 'zero' commission). On TransferWise, there's no room for sneaky bank surcharges or creeping hidden charges.
Pay in Singapore Dollar with your debit or credit card, or via a bank transfer.
TransferWise always gives you the real mid–market exchange rate.
Your recipient gets South African Rand directly from TransferWise's local bank account.
Banks set their own exchange rate to make money off you.
TransferWise gives you the real exchange rate, also known as the 'mid-market' rate - what you see on Google or XE.
For SGD to ZAR, the transaction fee is a separate 0.7% + 293 ZAR with a minimum fee of 293 ZAR (converted into SGD at the mid-market rate at the time of transfer) that you can always see before you send.
Everything about TransferWise is streamlined, and creating your first transfer only takes a couple of taps.
Transfers from Singapore to South Africa complete in 1 business day (from when we receive your funds), and you'll get updates throughout the process.
We're entrusted by customers around the world to transfer over SGD1 billion every month.
We use high-grade encryption technology and are fully regulated by the The Monetary Authority of Singapore (MAS).
Another key to their success - TransferWise has shifted more than £3bn of customers' money since 2011 - is the simplicity of design.Read article
TransferWise takes a machete to the hefty fees that banks levy to send money across borders.Read article
TransferWise is looking to use the internet to spark a digital revolution in current financial services.Read article
Transfer your SGD to YYY today with TransferwiseGet started now