fast and cheap way to transfer money from singapore

It’s difficult to find a solution that truly guarantees a fast and cheap way to transfer money from Singapore. The old method through conventional banks is proven to be slow, expensive, and non-transparent, often imposing unnecessary SWIFT fees.

Are you tired of paying high transfer fees and waiting days for funds to arrive? Every day of delay hinders the urgent needs of family or business in Indonesia. Don’t let your hard work be cut short by hidden fees that erode your remittance.

The solution is to switch to a legal remittance fintech platform like Transfez. This article will dissect the fastest and cheapest ways to transfer money from Singapore that are proven effective, secure, and full of rewards. Transfez offers a very low flat fee, instant transfer speed, and a real-time tracking feature that gives you full control.

Why Speed and Cost Are Top Priorities for Money Transfer

02 Rekomendasi Aplikasi Pengatur Keuangan untuk Kamu

For workers, students, or business owners in Singapore, routine money transfer to Indonesia is an urgent need. Optimal speed and cost are critical determinants of your quality of life and financial efficiency.

Speed (Real-time): The Standard for Current Needs

The current need is for instant transfers (5-10 minutes), not 2-5 business days. Long delays can hinder paying a child’s tuition, emergency needs, or urgent vendor payments. Transfez meets this standard with:

  • Real-time Transaction History Status: You can see the status of the funds you sent without needing to call the bank. This feature shows statuses like Transaction In progress or Completed Transactions.
  • Speed: Transfers can be tracked in real-time with an estimated time of only 5-10 minutes on business days.

Flat Fee: Maximum Savings with Transparency

The ideal transfer fee must be low and transparent. The bank method often hides fees within the exchange rate. Fintech solutions offer a very low, easy-to-calculate flat fee.

  • Concrete Figures: Transfez’s flat fee of about 5 SGD (Rp 64,000) is a very competitive and transparent fee, making it the primary choice for flat fee money transfer from Singapore to Indonesia.

Read Also: The Fastest and Safest Way to Send Money to a BCA Account from Singapore: The Best Guide

Transfez: The Fast and Cheap Money Transfer Solution from Singapore to Indonesia

Transfez is specifically designed to overcome the shortcomings of traditional transfer methods. Its advantage lies not only in the cost but also in its profitable reward system.

Best-in-Class Fee Structure

Transfez eliminates the hidden fees common in SWIFT transfers.

  • Competitive Flat Fee: The fee is about 5 SGD (Rp 64,000) flat per transaction. This fee remains the same, regardless of the amount you send, as long as it does not exceed your daily limit.
  • Attractive Initial Promo (Free Try): To encourage users to try, Transfez offers a Free Try promo (no transfer fee charged for the first-time user). This is a golden opportunity to test the service without any cost risk.

Real-time Transfer Speed

Transfez understands that time is money. Therefore, speed is a priority.

  • Instant Transfer Speed: Delivery can be tracked in real-time with an estimated time of only 5-10 minutes. This makes Transfez one of the fastest money transfer apps from Singapore. The concept of how to transfer money in 5 minutes from Singapore is no longer a dream but a reality with licensed fintech services.

Rewards Features and Profitable Discounts

Transfez rewards user loyalty with its rewards features:

  • Point Accumulation: You can collect point rewards every time you make a transaction.
  • Missions and Discounts: The Transfez team provides certain missions that, if you complete them, you can get discounts up to a Free SG to Indonesia transfer. This makes your routine remittances more profitable.

Security Guarantee

Security is non-negotiable. Transfez is licensed and supervised by the financial authority (MAS), ensuring your funds and personal data are protected.

Transaction Tracking Guide and Transfez Administration Features

Transaksi dan Fitur Administrasi Transfez

One of Transfez’s superior features is the full control given to users over their transaction status and history.

Real-time Transaction History Status

After you complete a transaction, you can track its progress through the “Transaction” button in the application. This feature eliminates your need to call the bank. You will see details about: Transaction In progress, Completed Transactions, Failed or Rejected Transactions, and Refunded Transactions. This tracking money transfer from Singapore feature provides peace of mind and full transparency.

Wallet Management

Transfez provides a flexible fund management feature: you can Top Up your wallet balance before transfer and withdraw your Wallet Balance if there are excess funds or a canceled transaction.

Full Control with Search and Filtering

For ease of your personal audit, you can view all history and filter transactions based on reference number, transaction type, creation time, and transaction status.

Read Also:ย The Best Guide for Routine Remittances for Indonesian Migrant Workers in Singapore: Save Money & Instant Transfer

Strategy to Optimize Routine Transfers and Additional Benefits

To maximize the benefits of a fast and cheap money transfer from Singapore, implement these strategies:

1. Transfer All at Once for Maximum Savings

With a low flat fee (about 5 SGD), the smartest strategy is to transfer a large amount all at once (once a month) rather than splitting it into multiple transfers. This strategy drastically reduces your monthly fee costs.

2. Utilize Promos and Rewards

If you are a new user, make sure you take advantage of the Free Try promo for your first transfer. Activate point rewards and complete missions. These points can be redeemed for discounts or even Free SG to Indonesia transfers.

3. Master the Application for Time Efficiency

Train yourself to be familiar with the Transfez interface. The more you master the process, the faster your transfers will be, allowing you to achieve maximum time efficiency.

Conclusion

Finding a fast and cheap money transfer solution from Singapore no longer has to be complicated. Conventional transfer methods are irrelevant. Transfez offers the ideal combination:

  • Cost: Very low flat fee (about 5 SGD).
  • Speed: Instant transfer, completed in 5-10 minutes.
  • Security: MAS-licensed and has a real-time tracking feature.

By adopting Transfez, you not only save money but also gain full control over your transfer process. Immediately download the Transfez app, take advantage of the Free Try promo (no transfer fee charged for first-time users), and start a smarter and more efficient financial journey.

Download the Transfez app to get the lowest price for sending money from Singapore to Indonesia.

Tired after a long day? Sending money shouldn’t be a hassle! Try Transfez now, the Indonesian-made app that brings you peace of mind. Money arrives fast, with no weird rates drama. Especially for new users, you can get your FIRST transfer FREE, lah! Download Transfez today on the App Store or Play Store. One tap, and you can relax!

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