YouTrip alternatives

Compare the best YouTrip alternatives for Singaporeans to send and spend money overseas.

By   |   Verified by David Boyd   |   Updated 26th September 2022

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Comparing YouTrip alternatives

Wise

Wise

Minimum Transfer Amount

$1.00

Transfer Speed

1 - 2 days

Transfer Fee

$0.00

Highlights

  • A pioneer of borderless accounts. Hold, send and collect payments in 50+ currencies.
  • Use a debit card to withdraw cash or spend like a local in Singapore, while overseas, or when buying online from an international store.
  • Flexible funding options include debit cards, credit cards, and bank transfers.

Pros

  • Low and competitive fees.
  • Easy to understand fee structure.
  • Easy to use website and mobile apps.
  • High transfer limit.

Cons

  • Limited currencies and destination countries compared with some competitors.
  • Can only send funds to the recipient's bank account.
Revolut

On Revolut's website

Revolut

Minimum Transfer Amount

$1.00

Transfer Speed

Within an hour

Transfer Fee

$0.00

Highlights

  • A financial super app that has everything from borderless accounts to cashback rewards.
  • Money transfers to Revolut friends are free, otherwise take advantage of competitive exchange rates.
  • Buy cryptocurrencies, commodities, stocks, and precious metals.

Pros

  • The standard account has no monthly fees.
  • Top-up and hold account balances in various currencies.
  • Lots of different additional features are available, such as crypto trading and disposable virtual cards.
  • Has a well-designed mobile app.

Cons

  • Monthly fees apply to certain types of accounts.
  • You may experience delays when sending money internationally.
Remitly

On Remitly's website

Remitly

Minimum Transfer Amount

$10.00

Transfer Speed

Within an hour

Transfer Fee

$4.00

Highlights

  • Recipients usually receive funds within minutes of them being transferred from Singapore.
  • Convenient delivery options include cash delivery to the recipient's address, cash pickup, bank account deposits, and mobile top-ups.
  • Competitive exchange rates and fees.

Pros

  • Low transaction fees.
  • Plenty of delivery options.
  • Wide global network, covering 50+ currencies and countries.
  • Highly rated customer support.

Cons

  • Fees apply when you fund your account using a credit card.
  • Transfer limits apply.
OFX

OFX

Minimum Transfer Amount

$250.00

Transfer Speed

1 - 2 days

Transfer Fee

$0.00

Highlights

  • Competitive exchange rates and transparency from a tried-and-tested money transfer service.
  • No maximum limits on how much can be sent for most currencies.
  • Online sellers, importers, and companies can collect revenue in foreign currency, including USD, EUR, GBP, and AUD.

Pros

  • Easy and quick account opening.
  • Wide range of supported currencies and countries.
  • No fees if transferring more than $10,000.
  • Enjoy additional features for business transfers.

Cons

  • Limited payment options.
  • $15 fee if transferring less than $10,000.
WorldRemit

WorldRemit

Minimum Transfer Amount

$1.00

Transfer Speed

Within an hour

Transfer Fee

$0.00

Highlights

  • Low fee international money transfers. Geared towards personal remittances.
  • Fund transfers with a bank transfer, debit card, credit card, prepaid card, Apple Pay, or Google Pay.
  • Choose from its wide range of delivery options, including cash pickups, bank transfers, and Airtime mobile phone top-up.

Pros

  • Low transfer fees.
  • No minimum transfer amount is required.
  • Multiple payment options.
  • Cash pick-up, cash delivery, and Airtime mobile phone top-up are available.

Cons

  • Transaction limit of $5,000 for some payment methods.
  • Fees depend on the method and currency you choose.