What is the best way to transfer large amount of money from US to Singapore?

How To Transfer Money Internationally with $0 feeThe answer lies in your planning and saving yourself from heavy bank fees. I will share the cheapest method or the best hack. Conclusion came with experience of trying almost every service provider in the market available. Sharing services that give maximum with live lock in exchange price. Click my referral link to get fee free transfer. I call it a hack as no fee is to be paid this way. Transfers are also timely fast and hassle free. And you can compare is minute by minute updated exchange rate which can be compared on websites like http://www.Xe.com or http://www.investing.com/currencies/usd-inr   . With my referral below you get $20 equivalent value for sending money.  Referral:http://refer.xoom.com/v2/share/6252498704505679495  As a promotion, Xoom ( Part of Paypal group ) gives its first time users a $20 Amazon gift card if you will transfer through the referral shared above. If first transfer is $405 value or more, both referrer and first time user gets a $20 Amazon eGift card. Also if transfer is more than $1000 then its fee free and you end up getting $20 extra with your transfer. Its always nice to get awarded and rewarded :)http://mbsy.co/riafinancial/20640958Also I found Ria Money Transfer, which works same as Xoom. It also provides competitive rates.Referral link gives you fee free transfer with live currency exchange. Share link to get best out of your transfer. I want all the dear ones reading the post to enjoy my referral shared above in post and do same to save money. I am not at all affiliated to this service in anyway, sharing a sincere observation and if you use the link shared, it will be taken as an acknowledgement to my feedback.Having said this I still get annoyed when I initiate transfer at amount X and it turns out there was an increase of amount X+Y the next day. Then I think that I sh'ld have had waited for a day. But this is all luck and timing as no matter how big economist you are, you cannot predict the future and economy to its exact value. Also sometimes I do spend .9% fee if I am in hurry as service is trusted and good. So it's worth  spending that way. Also I found other remittance service providers with good rate like Ria Money Transfer!  http://mbsy.co/riafinancial/20640958  It has good conversion rate. They charge nominal and have daily / weekly limits for the transfers. Services like Moneygram also give you exciting rates. Remitly and Transfast are also in market across regions and have many offers, but I did not try as I read bad reviews about them online. Looking to send money from person to person without spending a fortune? There are more options coming into the marketplace. We all want to send money from person to person without spending a fortune? Daily many options are coming into the marketplace.Walmart is getting into the cash wire business with a new service called Walmart 2 Walmart. While the typical wire cost could be $50 to $75 from Western Union, this new program allows you to go into any Walmart store to the Money Center and send a wire of up to $900 for just $9.50.PayPal is another option. You can send money from your PayPal to another PayPal person by linking up bank accounts. This is significant because it allows you to send money overseas for nada. These free apps will help you transfer moneyThen there are also apps for smartphones that will let you send funds for free to another person. There's one called Venmo, which is an app for Android and iPhone, and Square Cash offers yet another way to transfer money for free. Other options include Google Wallet and Facebook Messenger.So let's say you're at dinner and you've got to split the bill. One person pays with a credit card or cash, but what do you do as the other party if you don't have enough cash on hand to give them for your part of the bill?That's where something like Venmo or Square Cash comes in handy. You can send money with a simple e-mail to anyone you want for free. With Square Cash, for example, you just put in an e-mail address, how much you want to send them, and then you CC a special Square Cash e-mail address. Just like that you're done; it's seamless, easy, free. The one question is security on systems like Square Cash. But if you set a $250 maximum daytime cap, you can rest pretty easy.When you need to send money internationally, you've historically had to pay very high fees. It's not been unusual to spend 8% to 10% in fees alone. But now new apps make it possible to lower what you pay to about 1%. Here are some options:Xoom PaypalAzimoCurrencyFairGoogle WalletYou should really try out Ria Money Transfer! http://mbsy.co/riafinancial/20640958  Facebook MessengerMarket research is the best option :) ...

Make personal payment using paypal

You should ask the money changer if they can do such thing as money transferring for you or to ask your friend if they have friend that is money changer and willingly to do so. I have been transferring money for my client( large amount of money) in and out from a lot of country. Most of the time they will only be different 1-2% different from spot rate and larger amount will be less in difference. (P.S: I do not guarantee every money changer will for you as they have their rules too. :)

You can try using a brokerage account if you have one. Do a fx conversion of your usd to sgd. Then get the brokerage to wire it as sgd to your local singapore account.

Go to Chinatown or lucky plaza or little India most of money changers there offer very competitive rate , be it a cash or tt transaction. I can honestly say these rates are not so far off the inter bank rates, and i doubt any big institution can offer anything even close.

Wire transfer or credit transfer is a method of electronic funds transfer from one person or institution (entity) to another. A wire transfer can be made from one bank account to another bank account or through a transfer of cash at a cash office, such as Western Union. Wire transfer systems are intended to provide more individualized transactions than bulk payment systems,@http://www.nydinar.com

Through your bank. Best thing to do is go to your bank tell them that you want to remit XYZ amount of USD to someone. Check the current exchange rate on Bloomberg or some other website at that point. The bank will quote you a price that will be all inclusive of charges. Negotiate the price by a few cents. (Higher the amount you want to remit lower the cost). After fixing the cost the bank will then debit the equivalent amount from your bank account with them. Example 1USD = 20 SGD (calculations for this purpose only. I'm not aware of the real conversion) Say you want to send 500USD to someone. Therefore it will cost you 10000SGD (500 x 20) Now bank says that there commission will be 20 cents to a USD (means that's their cost+profit for providing you his service) So your new cost will be 10100 (500 x 20.20). That 20 cents is negotiable. Ask them to quote a figure that includes all taxes and cost. And that figure may be negotiable. A little hard bargaining may shave of 2-3 cents. Not all banks have the same cost so feel free to show around.  But some things you will have to know before you want to send money this way. You will need the following data from the person who will receive this money. Name of person receiving the money (as on bank account) Bank name Account number Address of branch where account is held. SWIFT code the branch. Execpt the swift code the person would probably be knowing this. And SWIFT code can be found out by asking the bank. This is much cheaper and should not cost more than 0.8% - 1% (including all costs and taxes). Whereas something like PayPal will cost you upwards of 5-6% (after factoring forex conversion cost). Hope this helped.

You can transfer money from Singapore to US, via Wire Transfer, or even via Western Union/Money Gram (albeit the latter has a US$ 10,000 limit). For wire transfer to the US, you need the following: Beneficiary's Bank's Name Address Account Title Account Number ABA Routing # SWIFT Code If they are using a correspondent bank, then you would need, Correspondent Bank's Name Correspondent Bank's Address Beneficiary Bank's Account Title in Correspondent Bank Beneficiary Bank's Account Number in Correspondent Bank's ABA Routing # SWIFT Code Your wire transfer company would know exactly how to route this. Although, it is not a bad idea to take the international wire transfer instructions from the bank.

http://currencyfair.com/ https://aligncommerce.com/ Both are using mid market rates with a small-fee on top.