Because banks shouldn't hide your money in spreads.
We expose the real cost of every transfer — the spread, the fees, the delivery time — and rank providers by what actually lands in your recipient's account. No sponsored ordering. Ever.
Sending $1,000 to Pakistan
Hover any card to see exactly what it costs you.
7-Day Exchange Rate History
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 SGD to Pakistan? The corridor is competitive, but banks still quietly charge 4–7% more than the real exchange rate. Digital providers like Wise and Remitly can save you thousands of rupees per transfer — here's how to pick the right one for your situation.
Our verdict: Use Wise for the best ongoing rate with full transparency, or Remitly Economy for regular monthly transfers where you can afford a 3–5 day wait.
Who Sends Money on the Singapore–Pakistan Corridor?
Singapore's Pakistani community — engineers, IT professionals, healthcare workers — sends hundreds of millions of SGD home every year. The SGD to PKR corridor is high-volume and competitive, which is good news for you: providers fight hard for your business, and rates are sharper than on many smaller routes. The typical sender moves SGD 500–2,000 per transaction, monthly, to support family in Karachi, Lahore, or Islamabad.
The Hidden Fee Problem: Rate Markup vs. Flat Fees
Most people check the transfer fee and call it a day. That's a mistake. Banks and legacy services bury their profit inside the exchange rate — marking up the mid-market rate by 3% to 8% before you ever see a quote. On a SGD 1,000 transfer, that's SGD 30–80 gone before the money even moves. Flat fees, like those charged by Wise, are the opposite: you pay a fixed SGD 4–8 and get close to the real exchange rate. Always compare the actual PKR amount arriving at the other end, not just the headline fee.
Digital Providers vs. Banks: The Rate Gap Is Real
If you're using DBS, OCBC, or UOB to send money to Pakistan, you're likely losing 4–7% on the exchange rate alone. Digital providers close that gap fast. Wise typically sits within 0.5–1% of the mid-market rate. Remitly is aggressive on promotions — often near-zero fees on first transfers. WorldRemit covers Pakistan broadly and is particularly strong on mobile wallet delivery. Revolut is worth checking if you already hold an account, though its Pakistan coverage can be inconsistent. The math is blunt: on SGD 1,500, choosing Wise over a traditional bank can put an extra PKR 3,000–6,000 in your recipient's pocket.
Speed Options: Instant vs. Economy
Remitly offers two tiers — Express (minutes) and Economy (3–5 business days). The price gap is real: Economy can save you SGD 5–10 on a typical transfer. If you're covering a family emergency, pay for speed. If it's a regular monthly payment, schedule Economy and pocket the difference. Wise typically settles within 1–2 business days for PKR. WorldRemit can deliver same-day to mobile wallets like JazzCash or Easypaisa, which are widely used across smaller cities and rural areas.
Where the Money Lands: Banks and Digital Wallets
For bank-to-bank transfers, the two largest receiving institutions in Pakistan are HBL (Habib Bank) and MCB Bank — both are supported by Wise, Remitly, and WorldRemit for direct account deposits. If your recipient holds an account at either, you're covered across all major platforms with no delivery friction. Beyond traditional banking, mobile wallets remain the faster option for recipients outside major urban centres, with same-day arrival available through several providers.
Regulatory Angle: The Roshan Digital Account Advantage
Here's something most senders overlook entirely. Pakistan's Roshan Digital Account, launched in 2020 specifically for the diaspora, lets overseas Pakistanis open PKR or USD savings accounts remotely — no visit to Pakistan required. The real advantage: the account offers up to 5% profit rates for diaspora senders who route funds through registered banks, making it a high-yield alternative to a standard savings account. It's government-backed, IBFT-compatible, and built exactly for this use case. If your recipient is open to it, this is worth a serious conversation.
Practical Tips: Timing, Thresholds, and Rate Alerts
- Set rate alerts on Wise or Remitly — the SGD/PKR rate can shift 2–3% in a single week around State Bank of Pakistan policy announcements.
- Transfers above SGD 1,000 often unlock better rate tiers on Remitly; check before splitting into smaller amounts.
- Avoid sending on Pakistani public holidays — what shows as same-day can push to the next business day without warning.
- Monday through Wednesday tends to be the most liquid window for SGD/PKR; weekend spreads occasionally widen on some platforms.
- Always confirm the final PKR amount on the confirmation screen before you approve — some providers reprice mid-flow during high volatility.
Frequently Asked Questions
What is the best SGD to PKR exchange rate?
The best rates come from digital providers like Wise and Remitly, which typically stay within 0.5–1% of the mid-market rate. Banks in Singapore usually apply a 4–7% markup, which can cost hundreds of rupees on a typical transfer.
How long does it take to send money from Singapore to Pakistan?
Express transfers via Remitly or WorldRemit can arrive within minutes to a bank account or mobile wallet. Standard bank transfers and Wise Economy typically settle within 1–3 business days, excluding Pakistani public holidays.
What are the fees for sending money from Singapore to Pakistan?
Digital providers charge SGD 4–8 in flat fees for most transfers, compared to SGD 20–40 equivalent hidden inside exchange rate markups at traditional banks. Always compare the final PKR amount your recipient receives, not just the advertised fee.
Is it safe to use online money transfer services?
Yes — providers like Wise, Remitly, and WorldRemit are fully licensed and regulated in Singapore under MAS oversight. They use the same encryption standards as major banks and have transferred billions of dollars globally without incident.