Send money from Singapore to Rwanda
Every month, Singapore-based households and businesses move USD into Rwandan francs for someone in Kigali. Rwanda buys textiles, electronics and machinery from Asia, and Asian firms in Kigali pay local staff and suppliers. Grey quotes the rate, fixes it, and pays the bank directly.
SGD
RWF
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Getting RWF to Rwanda from Singapore
Seen from Singapore. Rwanda buys textiles, electronics and machinery from Asia, and Asian firms in Kigali pay local staff and suppliers. Most banks in Singapore either won't quote RWF or route it through a second currency, adding a spread nobody discloses.
Grey quotes USD to RWF directly for senders in Singapore and Singapore. The RWF lands at Bank of Kigali, Equity Bank Rwanda, I&M Bank Rwanda, Cogebanque or any Rwandan bank as a domestic deposit. Nothing to install on the receiving side.
How sending to Rwanda works
Sign up
A passport or NRIC and a few minutes in Singapore. Your account arrives with dollar, euro and pound details for receiving money from abroad. Grey works with licensed partners serving Singapore.
Fund
Give a foreign employer or client your Grey USD, EUR or GBP account details. When they pay, the money is ready to send to Kigali.
Send
Enter the recipient's Bank of Kigali, Equity or I&M account number, check the USD to RWF rate, and send from Singapore.
What the fee doesn't tell you
Grey does one conversion, USD to RWF, and shows it. What lands at Bank of Kigali, Equity Bank Rwanda, I&M Bank Rwanda, Cogebanque is what was on screen in Singapore.
The RWF figure doesn't move
Whatever the market does after you tap send in Singapore, the RWF amount arriving at Bank of Kigali is fixed.
For a bill with a due date in Kigali, this removes the guesswork.
The old way to Kigali, and why it costs more
Ask a bank in Singapore to send Rwandan francs and you'll often be told to send dollars instead. Because Rwanda is small and the amounts are modest, people assume the transfer is cheap. It usually isn't.
What your recipient sees in Kigali
RWF into any bank account in Rwanda. Bank of Kigali and Bank of Kigali, Equity Bank Rwanda, I&M Bank Rwanda, Cogebanque are all supported, and the credit looks domestic. The sender in Singapore sees the same settlement confirmation in the app.
Bank delivery
RWF to Bank of Kigali and any other bank in Rwanda.
Repeat recipients
Store a recipient once. Every future payment is three taps.
GreyTag
Both on Grey? GreyTag delivers instantly with no fee.
Getting money onto Grey in Singapore
Senders in Singapore don't fund Grey from a local bank. Singapore-based senders fund Grey from foreign employers or clients paying in USD, EUR or GBP. That balance sends onward in one step.
No local deposit
Grey in Singapore is funded from abroad only.
Three currencies in
USD, EUR, GBP all accepted, all convertible to RWF.
One conversion out
Rate shown before you send to Kigali.
Sending to Bank of Kigali for the first time? Check the account details twice. After that, Grey remembers them.
The people behind Singapore to Rwanda transfers
Conferences
Hotel deposits and registration for events at the Kigali Convention Centre.
Family support
Monthly transfers covering rent, food and medical costs for relatives in Kigali and the provinces.
Tuition
Fees at ALU, CMU-Africa, University of Rwanda and Mount Kigali University, paid in francs.
Business and NGOs
Paying Kigali-based staff, contractors and suppliers in local currency.
Three kinds of sender use this route from Singapore: families with someone in Kigali, parents of students, and businesses with a supplier or contractor in Rwanda. Rwanda buys textiles, electronics and machinery from Asia, and Asian firms in Kigali pay local staff and suppliers.
What Grey does differently on this route
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