How to send money to Switzerland from Singapore with the best SGD-CHF rate

Comparing providers when sending money from Singapore to Switzerland is the easiest way to make a transfer at the best price.

Here are your best options for sending money from Singapore to Switzerland

• Wise is our recommended company for transferring Singapore Dollar to Switzerland. Sending 10,000 SGD to CHF will cost you $20.75 in fees, and you will get 6,232.12 CHF. The delivery time is within an hour, but it depends on the day you make the transfer.

• Wise is the overall cheapest options to send money from Singapore to Switzerland. We found that Wise fees were 20.75 SGD per transfer, and customers would expect an exchange rate between SGD-CHF that is -0.01% different to the mid-market rate

• Fastest way to send money from Singapore to Switzerland is with Revolut. For example, if you send 10,000 SGD with Revolut to Switzerland now, the transfer time is within minutes. Smaller transfers will likely be quicker, while larger transfers to India can take a bit longer.

We’ve compared 12 providers for sending Singapore Dollar to Switzerland. This ensures you will get the best options for your transfer to Switzerland from Singapore.

The exchange rate determines the price you will pay when buying Swiss Franc.

A better exchange rate means more money being sent to Switzerland.

If you are paying for services in Swiss Franc from Singapore, this can make a huge difference.

The current rate between the Singapore Dollar and Swiss Franc is 0.6244, and it fluctuates all the time.

The cost of sending money from Switzerland to Switzerland, is made-up of a combination of fees and exchange rates:

• The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from SGD-CHF is 0.6244 CHF per Singapore Dollar.

• Fees: Outside of exchange rates, you may need to pay a fee to send. Wise currently offers the lowest fees on transfers to Switzerland from Singapore. They charge 20.75 SGD per transfer. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.

• Amount Received: The amount received in Swiss Franc is the amount you started with, minus the amount you paid in the exchange and fees.

Here's a tip, if you're making a large transfer, you can also use a forward contract to lock in an agreed exchange rate between Singapore and Switzerland.

Using a bank transfer to send via money transfer company is the payment method that will get you the best price when sending from Singapore to Switzerland.

Here are all the ways to send money from Singapore to Switzerland:

Bank transfers

Bank transfers are often the fastest and cheapest way to send money from Singapore to Switzerland.

Using a money transfer company such as Wise for payments from Singapore to Switzerland, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


Debit and prepaid cards

Sending money with a debit card from Singapore to Switzerland is easy with Wise.


Wise is a leader in debit card money transfers from Singapore to Switzerland. They are the best option of the 12 transfer companies compared.

Credit cards

When it comes to credit card transfers from Singapore to Switzerland, we recommend comparing your options to get the best deal.

Ensuring you fully understand regulations in Singapore and Switzerland will aid in keeping your money safe.

Our directory of worldwide financial regulators contains details on regulation for sending money between Singapore and Switzerland.

Some companies offering money transfers between Singapore and Switzerland have minimum or maximum thresholds on how much you can send or receive.

Rates and fees for different transfer amounts could change - that’s why it’s best to compare SGD-CHF rates for your specific transfer amount.

For regular transfers to Switzerland, shopping around each time can make a huge difference.

For sending large amounts of SGD to Switzerland we'd recommend using Wise. They offer a combination of rates and fees when sending from Singapore to Switzerland that is the most competitive, even at larger amounts.

There are different options for receiving Swiss Franc in Switzerland.

The most popular are direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all companies offering transfers from Singapore to Switzerland will offer every method for incoming Swiss Franc, so it’s best to check ahead of time.

Again, a comparison of SGD to CHF providers will tell you if the method for receiving is supported.

One of the most common ways to transfer money from Singapore into Switzerland is by sending directly to a bank account. Wise is the best company for bank transfers between Singapore and Switzerland.

And if you need cash right away, check if cash pickup is an option for transfers between Singapore and Switzerland.

P2P services and payment apps like PayPal, Xoom, and CashApp are popular because of convenience but are better for domestic transfers. For receiving international payments they come with more limitations and higher costs compared to money transfer options like multi-currency accounts.

If using a money transfer company to send Swiss Francs to Switzerland, you will need to verify your ID at the sign up stage.

The documents you need will vary and in some cases you might need more than one.

ID can be verified in Singapore through a government issued ID such as a passport or driver's license.

If the recipient needs an ID to collect money in Switzerland, it will be similar.

Large transactions between Singapore and Switzerland, can be subject to additional checks. This includes proof of funds for anti-money laundering purposes.

One of the reasons Wise has scored so highly for transfers to Switzerland is their easy sign up process in Singapore.

Sending regular, or larger amounts of money between Singapore and Switzerland could mean there are tax declarations to consider.

Some transfers into Swiss Franc may need to be reported to tax authorities in Switzerland, particularly where inheritance or property purchases are involved.

Switzerland has many different tax obligations for residents and non-residents.

When in doubt, please contact a tax professional in Singapore or Switzerland to discuss your personal circumstances. This ensures you are not missing any specific tax needs associated with your transfer.