Free Tool · Live Rates
Compare remittance from Singapore
Live mid-market rates + each provider's documented fee and FX markup. We show you the honest estimate, you get the final quote from the provider.
Mid-market rate
S$1 = ¥5.3 CNY
Source
open.er-api.com · 3 Jun 2026
The mid-market rate is the rate banks use between themselves. No retail provider gives you this exact rate — they all add a markup. We show each provider's typical markup below.
Gap between cheapest and most expensive on S$500: ¥61.8
Uses the mid-market rate with no FX markup. Revenue comes from the transparent fee.
Advertises "zero fees", makes its margin on a ~0.5–0.8 % FX markup.
Economy transfers often free; Express adds ~S$2–3. FX markup ~0.7–1.2 %.
Most expensive of the four. Justified only when the recipient needs cash pickup.
Why these are estimates
Fees and FX markups vary by corridor, payment method, delivery method, and promotional periods. The ranking above uses each provider's published fee schedule, but the exact number you see at checkout may differ by a few percent. Always get the live quote before transferring.
Affiliate disclosure: some links on this page may earn SingaGuide a commission if you sign up. Rankings are based on fees and FX markups, not commercial relationships — Wise consistently comes out top because it has no FX markup, not because it pays the best commission.
Before you send money anywhere
Check the receiver is MAS-licensed
In Singapore, all cross-border money transfer operators must hold a Major Payment Institution licence from MAS. Unlicensed shops (even busy ones in Little India or Lucky Plaza) are illegal and have no consumer protection if something goes wrong.
Verify a remittance licence