Send Money from Singapore to Lebanon
Compare SGD → LBP exchange rates from top providers
AI Quick Verdict
As of March 25, 2026, the cheapest way to send money from Singapore to Lebanon is via Wise, costing $4.60 in fees with an exchange rate of 1 SGD = 69996.01 LBP. Sending $1,000 delivers LBP 69,674,023.48 to your recipient in ~1 hour.
Compare SGD → LBP Rates
Best rate — they receive (LBP)
LBP 69,674,023.48
via Wise
Sending SGD 1,000 to Lebanon
Updated Mar 25, 05:42 PM
| Provider | Exchange Rate | Fee | Speed | You Send | They Receive | |
|---|---|---|---|---|---|---|
WiseBest rate | 1 SGD = 69996.01 LBP | $4.60 | ~1 hour | SGD 1,000 | LBP 69,674,023.48 | Send → |
RevolutRunner-up | 1 SGD = 69786.02 LBP | $5.00 | ~1 day | SGD 1,000 | LBP 69,437,087 | Send → |
Remitly | 1 SGD = 68946.07 LBP | $15.00 | ~3 hours | SGD 1,000 | LBP 67,911,874.05 | Send → |
WorldRemit | 1 SGD = 68596.08 LBP | $13.99 | ~6 hours | SGD 1,000 | LBP 67,636,425.77 | Send → |
* Rates are indicative. Final rate confirmed at provider's checkout. RateCurb may earn a commission if you click and sign up.
7-Day Exchange Rate History
Rate per 1 unit of source currency → LBP
vs Traditional Banks
You save up to $75
on a SGD 1,000 transfer
Wise
BEST RATEBank of America
+5% markup + $35 wire fee
Wells Fargo
+4.5% markup + $25 wire fee
Sending money from Singapore to Lebanon involves navigating Lebanon's complex multi-tier exchange rate system and ongoing banking restrictions. Using a digital remittance provider regulated by Singapore's MAS is the safest and most cost-effective approach for this corridor. Understanding hidden fees and local conditions ensures your recipient gets the most value from every transfer.
Our verdict: Send in USD via a MAS-licensed digital provider like Wise or Remitly to avoid hidden markups and bypass Lebanon's LBP exchange rate instability.
Sending Money from Singapore to Lebanon: What You Need to Know
Transferring money from Singapore to Lebanon is a corridor that requires careful planning. Lebanon's currency situation is uniquely complex — the Lebanese pound (LBP) operates under multiple exchange rate tiers, including an official rate, a bank rate, and a parallel market rate. Understanding these layers before you send can make a significant difference in how much your recipient actually receives.
Hidden Fees That Eat Into Your Transfer
Banks and some transfer services rarely show you the full cost upfront. The fees that matter most are often buried in the exchange rate itself. When a provider advertises "zero fees," they are almost always making their margin through a marked-up exchange rate — sometimes 3% to 5% above the mid-market rate.
- Exchange rate markup: The most significant hidden cost. Always compare the offered rate to the mid-market rate on a financial data site.
- Flat transfer fees: Some banks charge SGD 25–50 per international wire, regardless of transfer size.
- Correspondent bank fees: Funds routed through intermediary banks can lose USD 10–30 in transit before reaching Lebanon.
- Recipient bank fees: Lebanese banks may deduct an arrival fee from the credited amount.
- Currency conversion fees on the Lebanese end: If your recipient's account is denominated in USD rather than LBP, an additional conversion may apply.
Why Digital Providers Beat Traditional Banks
Singapore has one of the most competitive digital remittance markets in Asia. Providers such as Wise, Remitly, and Western Union's digital platform consistently offer better rates and lower fees than local banks like DBS, OCBC, or UOB for international corridors.
- Digital providers typically offer exchange rates within 0.5–1% of the mid-market rate, versus 2–4% markups from banks.
- Online platforms are fully regulated by the Monetary Authority of Singapore (MAS), making them safe and legitimate options.
- Transparent fee breakdowns are shown before you confirm — no surprises at checkout.
- Many digital providers allow you to lock in an exchange rate at the time of booking.
Transfer Speeds: How Long Will It Take?
Speed varies significantly by method and the situation on the receiving end in Lebanon.
- Bank wire transfers: Typically 3–5 business days due to correspondent banking chains and compliance checks specific to Lebanon.
- Digital providers: Can range from same-day to 2 business days for transfers arriving in USD to Lebanese bank accounts.
- Cash pickup services: Western Union and MoneyGram offer same-day cash collection at Lebanese agent locations, which can be practical given Lebanon's banking limitations.
- Mobile wallets: Some providers support delivery to local Lebanese e-wallets, with near-instant transfers in select cases.
Tax and Regulatory Considerations
Singapore does not impose taxes on outbound personal remittances, so you are free to send money abroad without reporting requirements for standard personal transfers. However, there are a few important points to keep in mind:
- Singapore's MAS requires licensed remittance providers to conduct due diligence on large transfers — expect identity verification for amounts above SGD 5,000.
- Lebanon has capital controls in place that restrict how much foreign currency can be withdrawn from local banks. Your recipient should confirm their bank's current policies before expecting access to funds.
- Transfers sent in USD may be subject to Lebanon's "lollar" restrictions, where deposited dollars cannot be freely withdrawn at full value.
- There is no gift or inheritance tax in Singapore on outbound remittances for personal purposes.
Practical Tips for This Corridor
- Send in USD rather than LBP where possible — Lebanon's dollarised economy means USD transfers are more predictable and useful for recipients.
- Always compare at least three providers on a comparison platform before sending.
- For large amounts, consider splitting the transfer into smaller instalments to reduce compliance friction and manage exchange rate risk.
- Confirm your recipient's bank is currently operational — Lebanon's banking sector has faced significant disruptions, and not all institutions are processing international wires normally.
- Use a provider that shows the total amount your recipient will receive before you confirm the transaction.
- Keep transfer receipts and confirmation numbers — useful if there are any delays requiring a trace.
Frequently Asked Questions
What is the best SGD to LBP exchange rate?
The best rates are offered by digital providers such as Wise or Remitly, which typically price within 0.5–1% of the mid-market rate. Always check the mid-market rate independently and compare at least three providers before sending, as bank rates can be 2–4% worse.
How long does it take to send money from Singapore to Lebanon?
Digital providers typically deliver funds to Lebanese bank accounts in 1–2 business days, while bank wire transfers can take 3–5 business days due to correspondent banking chains. Cash pickup services through Western Union or MoneyGram can be available on the same day at local agent locations.
What are the fees for sending SGD to Lebanon?
Fees vary by provider — banks typically charge SGD 25–50 in flat fees plus a 2–4% exchange rate markup, while digital providers may charge a small flat fee with a much tighter rate margin. Hidden costs also include correspondent bank deductions and potential recipient bank arrival fees, so always check the total amount your recipient will receive.
Is it safe to send money online from Singapore?
Yes — Singapore's Monetary Authority of Singapore (MAS) licenses and regulates all remittance providers operating in the country, including digital platforms. Stick to MAS-licensed providers, verify their registration on the MAS website, and avoid unlicensed informal channels especially given Lebanon's financial environment.
How to send money from Singapore to Lebanon
- 1Choose your provider — Compare rates above and pick the one with the best SGD to LBP rate.
- 2Create a free account — Most providers take under 5 minutes to verify your identity.
- 3Enter your recipient's details— You'll need their bank account number and routing information.
- 4Pay and track — Fund your transfer and track it in real time.