BigPay alternatives
Compare the best BigPay alternatives for Singaporeans.
By Bill Ryan Natividad | Verified by David Boyd | Updated 13 Mar 2023
As seen on
Comparing BigPay alternatives
Wise Money Transfer
Minimum Transfer Amount
S$1.00
Transfer Speed
1 - 2 days
Transfer Fee
S$0.00
Highlights
- Access to a multi-currency digital wallet. Hold and transact in 50+ currencies.
- Use a debit card linked to your Wise Borderless account to withdraw or pay for purchases in foreign currency in Singapore or abroad.
- Flexible funding methods, including transfers from debit cards, credit cards, and bank transfers.
Pros
Cons
On website
Revolut Money Transfer
Minimum Transfer Amount
S$1.00
Transfer Speed
Within an hour
Transfer Fee
S$0.00
Highlights
- Spend like a local when overseas with a physical and virtual debit card linked to your Revolut account.
- Buy crypto and invest in stocks in the Revolut app.
- Track and analyse how you spend money with live reports.
Pros
Cons
YouTrip
Minimum Transfer Amount
S$1.00
Transfer Speed
1 day
Transfer Fee
S$0.00
Highlights
- Send 150+ currencies using competitive rates and no hidden charges.
- Has a user-friendly interface which makes it simple and convenient to use.
- Spend like a local with the YouTrip debit card when you are overseas.
Pros
Cons
On website
Airwallex Money Transfer
Minimum Transfer Amount
S$1.00
Transfer Speed
1 day
Transfer Fee
S$0.00
Highlights
- Charges a low margin on the interbank rate with no hidden fees.
- Create SGD or foreign currency accounts. Send and receive foreign currency.
- Licensed and regulated by the Monetary Authority of Singapore (MAS)
Pros
Cons
Aspire
Minimum Transfer Amount
S$1.00
Transfer Speed
1 day
Transfer Fee
S$0.00
Highlights
- Ideal if you are running a business and need to send and receive payments, issue cards to your team, manage expenses, and more.
- You can integrate your account into the major e-commerce platforms and collect payments in SGD or USD.
- Get your own account number and virtual card.
Pros
Cons
On website
Instarem
Minimum Transfer Amount
S$1.00
Transfer Speed
Same day
Transfer Fee
S$0.00
Highlights
- Transfer funds from Singapore to 55+ countries with competitive and transparent fees.
- Money transfers are typically completed instantly or same day.
- Earn InstaPoints when you transfer money with Instarem.
Pros
Cons
On website
Remitly
Minimum Transfer Amount
S$10.00
Transfer Speed
Within an hour
Transfer Fee
S$4.00
Highlights
- Most recipients receive funds within minutes of them being sent from Singapore.
- Choice of delivery options, including cash delivery to the recipient's address and cash pickup.
- Competitive exchange rates and fees.
Pros
Cons
On website
OFX Money Transfer
Minimum Transfer Amount
S$250.00
Transfer Speed
1 - 2 days
Transfer Fee
S$0.00
Highlights
- Easy-to-understand fee structure based on a flat fee for transfers under $10,000. Transfers over $10,000 are fee-free.
- Supports a wide range of currencies and countries with no maximum transfer amount for most currencies.
- Additional functionality for businesses makes OFX a good option for online sellers, importers, and companies with overseas employees.
Pros
Cons
WorldRemit
Minimum Transfer Amount
S$1.00
Transfer Speed
Within an hour
Transfer Fee
S$0.00
Highlights
- Low transfer fees, mainly in the range of $1 to $4 per transaction.
- Plenty of payment options, including bank transfer, debit card, credit card, prepaid card, Apple Pay, and Google Pay.
- Choose from its wide range of delivery options, including cash pickups, bank transfers, and Airtime mobile phone top-up.
Pros
Cons
On website
Xe Money Transfer
Minimum Transfer Amount
S$0.00
Transfer Speed
1 day
Transfer Fee
S$0.00
Highlights
- Send 130+ currencies to 220+ countries and territories.
- Works well for large amounts of bank-to-bank transfers as well as personal and business transactions.
- Deposit funds to your Xe account with a bank transfer, credit card, or debit card.
