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Monthly transfers to Europe

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Monthly transfers to Europe

Post by ckx2 » Mon, 19 Jan 2015 7:34 pm


as I'm approaching Singapore within the next weeks, I'm still looking for a decent way to get money from Singapore to a German bank account on a monthly basis. As my family does not have a citibank account over there, I cannot use their services of transferring funds from one account to another.

I'm looking to transfer a monthly sum of 1200 SGD. Shall I just stick with the same bank where I do plan to open a bank account? What kind of fees may apply to this transfer? Are we talking about 10/50/100 SGD transfer fees?

I'd rather not use PayPal as I do not trust them (transfer getting reviewed and stuck etc)

Any input is appreciated.

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Re: Monthly transfers to Europe

Post by JR8 » Mon, 19 Jan 2015 8:09 pm

Could you have your SG$ account here in SG, and the family have an ATM card that they can use in Germany for cash withdrawals?

Don't know, might be simpler than regular bank transfers.
'Do it or do not do it: You will regret both' - Kierkegaard

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