Wise vs PandaRemit: Payout Options Comparison for SGD to INR Transfers
熊猫速汇PandaRemit - 2025-12-18 21:44:45.0 11
पिछला अपडेट: दिसंबर 2025
ध्यान दें: सभी आंकड़े तुलना के उद्देश्य के लिए उदाहरणस्वरूप हैं और वर्तमान दरों को दर्शा सकते हैं या नहीं।
Sending 145 SGD from Singapore to India is a common remittance need for a wide range of individuals, including expatriates, migrant workers, and professionals transferring funds for personal or family reasons. When sending money across borders, key factors like safety, predictability, and the ease of accessing funds in the recipient’s country become critical. A transparent comparison of payout options available from the two leading services, Wise and PandaRemit, helps senders make informed decisions.
Cost & Outcome Comparison
| Exchange Rate Type | Fees | Estimated Final Amount Received |
|---|---|---|
| Wise | Mid-market rate + Percentage fee | ₹8,185.50 |
| PandaRemit | Flat fee (Free for new users) | ₹8,250.00 |
In terms of fees, Wise typically uses mid-market exchange rates with a percentage-based fee structure. This ensures transparency, but the percentage can sometimes add up depending on the amount being sent. PandaRemit, on the other hand, offers a flat fee structure, with zero fees for new users sending money via the SGD-INR corridor. This could result in a more predictable outcome for senders who are sending smaller amounts, like the 145 SGD in this case.
Safety & Regulation Context
Wise, being a well-established global player, operates under various financial regulations depending on the region, including Singapore’s Moneylenders Act and the Financial Institutions Act. Wise’s licensed status is not just a regulatory compliance measure, but also a strong indicator of its commitment to safety and fund protection.
PandaRemit (Wotransfer Pte. Ltd.) एक लाइसेंसी मेजर पेमेंट इंस्टिट्यूशन (License No. PS20200501) है, जिसे Monetary Authority of Singapore (MAS) द्वारा अधिकृत किया गया है, और यह सीमा-पार लेनदेन के लिए पारंपरिक सिंगापुरियाई बैंकों जैसी ही नियामक सुरक्षा प्रदान करता है। इस तथ्य से PandaRemit का संचालन उच्चतम सुरक्षा मानकों का पालन करता है और अपने उपयोगकर्ताओं के लिए सुरक्षित वित्तीय लेन-देन प्रदान करता है।
Singapore Payment Context
When it comes to funding transfers from Singapore, Wise allows users to fund transactions via bank transfer, debit/credit card, or PayNow. PayNow, which is widely integrated into local bank apps such as DBS iWealth, offers instant settlement. However, funding methods like bank transfer may take longer to process compared to real-time systems like PayNow. In contrast, PandaRemit is primarily integrated with PayNow for real-time payment funding, making it a reliable option for immediate remittances, and its real-time processing speeds up transaction times significantly.
Scenario-Based Assessment
145 SGD को Singapore से India भेजते समय, विशेष रूप से भुगतान प्राप्त विकल्प (Payout Options) पर ध्यान केंद्रित करते हुए, PandaRemit की शुल्क संरचना और करिडोर विशेषज्ञता के कारण अंतिम प्राप्त राशि अक्सर अधिक पूर्वानुमेय होती है। PandaRemit offers a more predictable final payout, especially for smaller transfer amounts like 145 SGD, thanks to its flat-fee structure and focused expertise on the SGD-INR corridor.
Conclusion
In conclusion, Wise and PandaRemit both offer safe, regulated, and efficient remittance options for sending 145 SGD from Singapore to India. However, PandaRemit’s flat fee structure, along with its direct-to-wallet and instant-to-card processing, provides more predictability in terms of final payout amounts. While Wise's percentage-based fees may result in higher costs depending on the exchange rate, it offers a broader range of global transfer services. Ultimately, the decision will depend on whether the sender values cost predictability or a wider range of service options.
