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Send money from Singapore to Vietnam(SGD → VND)
SGD
VND|Updated recentlyMid-market 20493.5700Cheapest todayof 6 providers
Wise
Rate 20384.9541 · Fee S$5.30
You send
S$1,000
Recipient gets
₫20,276,914
₫2,114,800 more than the most expensive provider · 0.53% markup vs mid-market
Affiliate link · No extra cost to you
Quick answer: The cheapest way to send money from Singapore to Vietnam in August 2026 is Wise, which delivers 20,276,913.82 VND on a 1,000 SGD transfer with a fee of S$5.30. According to SendMoneyCompare's comparison of 6 providers updated every 6 hours, the difference between the cheapest and most expensive provider on this corridor is 2,114,816 VND.
Last reviewed: by Awais Imran, Reviews Editor
What is the cheapest way to send SGD to VND?
Sending S$1,000 from Singapore to Vietnam. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
#ProviderRateFeeRecipient gets
Rate 20384.9541·Fee S$5.30·0.53% markup
Rate 20370.6086·Fee S$6.00·0.60% markup
Rate 20212.8081·Fee S$13.70·1.37% markup
Rate 20130.8338·Fee S$17.70·1.77% markup
Rate 20077.5505·Fee S$20.30·2.03% markup
Potential savings: Choosing the best provider over the most expensive saves your recipient ₫2,114,816.13 on a S$1,000 transfer.
Some links on this page are affiliate links. We may earn a commission at no extra cost to you. This does not affect our rankings, which are based on real transfer data. Editorial policy
Looking for cheap money transfers from Singapore to Vietnam? We compare exchange rates, fees, and delivery times from every major provider to help you save on every transfer.
Whether you're supporting family in Vietnam or paying for business services, finding the cheapest way to send money from Singapore matters. Exchange rate markups and transfer fees add up — especially on regular transfers. Our real-time comparison helps you cut costs by showing the exact amount your recipient gets from each provider.
Which provider offers the best SGD to VND rate?
Wise
4.3Exchange rate
20384.9541
Fee
S$5.30
Recipient gets
₫20,276,913.82
Speed
1-2 business days
Also available · Digital-asset rails
Crypto & stablecoin routes for SGD → VND
For a tech-comfortable sender, stablecoin rails can beat every bank and app. These aren't one-tap services — each is a fiat on-ramp → blockchain → local cash-out. Here's the all-in cost and how each works.
OKX P2PBeats mid-market
Kraken → Solana (USDC) → OKX P2P · ~1 second
20,535,024 VND
0.33% rebate all-in
+
OKX P2PBeats mid-market
Kraken → Solana (USDC) → OKX P2P · ~1 second
20,535,024 VND
0.33% rebate all-in
- 1Kraken SGD→USDC: 0.26%
- 2Solana network: 0.000250 USDC
- 3OKX P2P: 1% spread
- 40.00% withdrawal fee
Also routable via Solana (USDC), Polygon (USDC), Tron (USDT), Ethereum (USDC).
Source: OKX P2P API
Crypto rails involve exchange accounts, wallets, and price/liquidity risk. Costs are estimates from live exchange and network data, refreshed every 6 hours. Not financial advice.
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Example alert
GBP → INR · cheapest just changed
Sending £1,000 today? The top provider on this corridor now lands about ₹1,180 more than yesterday’s best — the bank wire is still ₹9,400 behind.
sendmoneycompare.com/send-money/uk-to-india
09:12USD → PHP · watch the funding fee
Two providers added a card-funding fee this morning. Paying by bank transfer is now the cheaper route on this corridor.
Thu 16:40Guides, fees & how it works
Which provider is best for each transfer type?
Different providers excel at different things. Here's who's best for each use case on the Singapore to Vietnam route.
Cheapest transfer
Wise
Delivers the most VND for your money
Fastest transfer
Remitly
Delivers in Minutes
Cash pickup
Western Union
Widest cash pickup network
Bank transfer
Wise
Best rate for bank deposit to Vietnam
How to send money to Vietnam
Sending money to Vietnamis straightforward with the right provider. Here's how it works in 3 simple steps.
Step 1
Enter your transfer details
Choose how much SGD you want to send, compare providers above, and pick the one offering the best VND amount for your transfer to Vietnam.
Step 2
Add your recipient
Enter your recipient's details in Vietnam — you'll need their bank account number. Most providers verify details instantly.
Step 3
Send & track your transfer
Pay using bank transfer, debit card, or credit card. Track your money in real-time until it arrives — bank deposit typically takes 1–2 business days.
What you need to send money to Vietnam
Make sure you have these details from your recipient before starting your transfer.
Full name
Recipient's full Vietnamese name as registered with their bank
Bank account number
Vietnamese bank account number (varies by bank, typically 10–19 digits)
Bank name & branch
Full bank name and branch (e.g. Vietcombank, Hoàn Kiếm Branch)
Note: Vietnam does not use IBAN. You need the recipient's bank account number, bank name, and branch. Some providers also support transfers via phone number linked to Vietnamese bank accounts.
Transfer examples: SGD to VND
See how much your recipient would get for common transfer amounts.
Send S$500
ProviderFeeReceives
Wise
20384.95 · 1-2 business days
InstaReM
20370.61 · 1-3 business days
Western Union
20212.81 · 1 business day
Remitly
20130.83 · Minutes
HSBC Singapore
20077.55 · 1-3 business days
OFX
19292.65 · 1-3 business days
ProviderFeeRateReceivesSpeed
WiseS$2.6520384.95₫10,138,4571-2 business days
InstaReMS$3.0020370.61₫10,124,1921-3 business days
Western UnionS$6.8520212.81₫9,967,9461 business day
RemitlyS$8.8520130.83₫9,887,259Minutes
HSBC SingaporeS$10.1520077.55₫9,834,9881-3 business days
OFXS$29.3019292.65₫9,081,0491-3 business days
Send S$1,000
ProviderFeeReceives
Wise
20384.95 · 1-2 business days
InstaReM
20370.61 · 1-3 business days
Western Union
20212.81 · 1 business day
Remitly
20130.83 · Minutes
HSBC Singapore
20077.55 · 1-3 business days
OFX
19292.65 · 1-3 business days
ProviderFeeRateReceivesSpeed
WiseS$5.3020384.95₫20,276,9141-2 business days
InstaReMS$6.0020370.61₫20,248,3851-3 business days
Western UnionS$13.7020212.81₫19,935,8931 business day
RemitlyS$17.7020130.83₫19,774,518Minutes
HSBC SingaporeS$20.3020077.55₫19,669,9761-3 business days
OFXS$58.6019292.65₫18,162,0981-3 business days
Send S$5,000
ProviderFeeReceives
Wise
20384.95 · 1-2 business days
InstaReM
20370.61 · 1-3 business days
Western Union
20212.81 · 1 business day
Remitly
20130.83 · Minutes
HSBC Singapore
20077.55 · 1-3 business days
OFX
19292.65 · 1-3 business days
ProviderFeeRateReceivesSpeed
WiseS$26.5020384.95₫101,384,5691-2 business days
InstaReMS$30.0020370.61₫101,241,9251-3 business days
Western UnionS$68.5020212.81₫99,679,4631 business day
RemitlyS$88.5020130.83₫98,872,590Minutes
HSBC SingaporeS$101.5020077.55₫98,349,8811-3 business days
OFXS$293.0019292.65₫90,810,4881-3 business days
How much does it cost to send money from Singapore to Vietnam?
Transfer fees from Singapore to Vietnam vary by provider. Specialist services charge S$0–10 per transfer, while banks charge S$25–50 plus a 2–5% exchange rate markup. The exchange rate markup is usually the bigger cost — always compare the total VND your recipient receives, not just the advertised fee.
Understanding the total cost
The true cost of a money transfer has two components:
Transfer fee
The upfront charge — typically S$0–S$10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (20493.5700).
Ways to send money to Vietnam
Choose how you want to pay for your transfer. Each payment method has different costs and speeds.
Bank deposit is the standard method in Vietnam. The NAPAS system connects all major Vietnamese banks for domestic interbank transfers.
Bank Transfer
Low costSpeed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
Debit Card
Medium costSpeed: Minutes to hours
Fast and convenient — small card processing fee applies
Credit Card
Higher costSpeed: Minutes to hours
Fastest option but highest fees — card issuer may charge cash advance fee
Apple Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
Cash
Medium costSpeed: Varies
Pay cash at an agent location — available at select providers
How can my recipient receive money in Vietnam?
Your recipient in Vietnam can receive money through these delivery methods. The best option depends on their location and preferences.
Bank Deposit
1–2 business days
Transfer to Vietnamese bank accounts through the NAPAS interbank system.
WiseRemitlyWorldRemitWestern Union
Cash Pickup
Minutes
Collect cash from bank branches and agent locations in Vietnam.
Western UnionMoneyGramRia Money Transfer
Home Delivery
1–2 days
Cash delivered to the recipient's address in major Vietnamese cities.
Western Union
What are the transfer limits and regulations for Vietnam?
Important rules and requirements to know before sending money to Vietnam.
Regulatory body
State Bank of Vietnam (SBV)
Inbound transfer limits
No cap on incoming remittances — Vietnam actively encourages diaspora remittances
Documentation you may need
- Sender's government-issued ID
- Recipient's Vietnamese ID card (CCCD) for cash pickups
Important things to know
- Vietnam has been one of the top remittance-receiving countries in Asia, with over $19 billion annually.
- Incoming remittances are exempt from personal income tax in Vietnam.
- The VND is managed by the SBV — exchange rates can be subject to policy decisions.
- Recipients can choose to receive in USD or VND for bank deposits, depending on the provider.
How long does it take to send money to Vietnam?
Most transfers from Singapore to Vietnam arrive within 1–2 business days with specialist providers. Bank wires take 3–5 business days. Some providers offer instant or same-day delivery to Vietnam for a small premium.
FastExpress delivery
- RemitlyMinutes
Standard delivery
- Wise1-2 business days
- InstaReM1-3 business days
- Western Union1 business day
- HSBC Singapore1-3 business days
- OFX1-3 business days
Popular banks in Vietnam
These are the most commonly used banks for receiving international transfers in Vietnam.
BankSWIFT/BICNotes
Vietcombank
BFTCVNVXXXX
VietinBank
ICBVVNVXXXX
BIDV
BIDVVNVXXXX
Techcombank
VTCBVNVXXXX
MB Bank (Military Bank)
MABORVNVXXX
ACB (Asia Commercial Bank)
ASCBVNVXXXX
Frequently asked questions
Common questions about sending money from Singapore to Vietnam
What is the cheapest way to send money from Singapore to Vietnam?
The cheapest option changes daily based on exchange rates. Use our comparison table above to see today's rates from every provider. Specialist services like Wise, Remitly, and OFX consistently offer better value than banks.
How long does it take to send money from Singapore to Vietnam?
Most specialist providers deliver to Vietnam within 1–2 business days. Some offer instant delivery for certain payment methods. Bank wires typically take 3–5 business days.
How much does it cost to send S$1,000 from Singapore to Vietnam?
Costs depend on the provider's fee and exchange rate markup. Compare all providers in our table above to see exactly how much VND your recipient would receive from a S$1,000 transfer today.
Can I send money from Singapore to Vietnam online?
Yes, all the providers we compare support online transfers from Singapore to Vietnam. Most also offer mobile apps. You can typically pay by bank transfer, debit card, or credit card.
Is it better to use a bank or a money transfer service to send money to Vietnam?
Money transfer services are almost always cheaper. Banks typically charge S$25–50 per wire plus a 2–5% exchange rate markup. Specialist providers charge S$0–10 with markups under 1%, saving you significantly on every transfer to Vietnam.
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