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Transfer money to Madagascar from Singapore

Transfer money to Madagascar with Singapore dollars using OFX and get great foreign currency exchange rates.

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Live rates as at Mar 28, 2024, 1:34 PM (CUT)


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1 SGD
10 SGD
100 SGD
1,000 SGD
10,000 SGD
100,000 SGD
1,000,000 SGD
10,000,000 SGD
SGD – Singapore dollar
MGA – Malagasy ariary

1 Singapore dollar = 3180.955179 Malagasy ariary

Inverse rate 0.000314

1m

customers worldwide

HK$1.48tr

transfers to date

ASX

listed company

Why choose OFX

  • Great rates: Keep more of your money as it travels around the world
  • 50+ currencies: Make transfers to over 170 countries
  • Easy to use: Check rates, make payments or track transfers online or via our app
  • Peace of mind: We're ASX listed and monitored by the CED
  • We know FX: Markets can move, we can help you plan for ups or downs
  • 24/7 support: Mandarin and Cantonese phone support available during HK business hours

How to send money to Madagascar from Singapore?

  • Gather the relevant banking information of your recipient including the name on the account and bank details.
  • Create a free online account with OFX, or login to get a live quote for your money transfer.
  • Enter your details and those of your recipient.
  • You send the money to us, and we send it to your recipient.

It’s easy and affordable to send money from Singapore to Madagascar using OFX. Even if you’re not ready to transfer funds today, you can sign up now, so your account is active and ready when a great exchange rate comes up.

When sending money from Singapore to Madagascar keep in mind that different tax regulations may apply depending on many factors including:

  • how the money is going to be used.
  • how much you are sending.
  • the source of the funds.
  • if the money has been taxed elsewhere.

For example, for tax purposes, supporting family members by paying for living expenses can sometimes be considered different from sending large sums as a gift.

Singapore to Madagascar money transfers - FAQs

Wondering how to send money to Madagascar from Singapore? Use OFX to exchange your Singapore dollars for Malagasy ariaries, because you’re too smart for your bank. Headquartered in Sydney, with offices around the world, we provide 24-hour access to our highly skilled transfer team.

Is there any limit on how much money I can send to Madagascar from Singapore?
No, OFX works well for both businesses and individuals.

Can I send money from a Singaporean bank account to Madagascar?
Sure. Whether you live in Madagascar, or Singapore, register now to send money to Madagascar with your Singaporean bank account.

Does OFX transfer money to all banks in Madagascar?
OFX can transfer funds to almost any bank in Madagascar, including, but not limited to:

Our customer support team will be happy to assist and make sure we can facilitate your transfer to Madagascar

The OFX-factor:
You can reach our dedicated customer service agents 24/7 (including weekends and most holidays). When others are closed, we’re open - we’re here for you.

When you use OFX, you’ll get fast, efficient service, and we’ll keep you informed of where your money is along the way. For all your overseas payments, OFX is simply smarter.

How can OFX help you manage SGD/MGA exchange rate swings?
Check out our range of ways to send money internationally and risk management strategies and stay in control of your money.

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Send money from Singapore to over 170 countries overseas with OFX.

With offices around the world, we're on-hand to answer questions 24/7

Personal Clients

(+852) 3008 5721

customer.service@ofx.com

Business Clients

(+852) 2777 7147

customer.service@ofx.com

Business Development/Partnerships

HKenquiry@ofx.com

Hong Kong Office Address

29F, Bonham Majoris
40-44 Bonham Strand,
Sheung Wan, Hong Kong