You can find the OCBC exchange rate for SGD to INR in the OCBC app, under "View FX rates", before you make an overseas funds transfer.
The OCBC FX rates shown there are indicative, and the actual rate used appears in your transaction history.
When you send money to India, the bank's selling rate applies, because OCBC sells you rupees.
The OCBC currency rate for INR is set by the bank, and INR is one of 19 currencies you can send with OCBC Overseas Funds Transfer.
How to check the OCBC exchange rate for SGD to INR
- Where to look: in the OCBC app under "View FX rates".
- Which rate: use the rate shown for sending SGD as INR. That OCBC forex exchange rate is the one the bank sells rupees at.
- What you see vs what you pay: the OCBC currency conversion rate in the app is indicative, and the actual rate is shown in your transaction history.
- Weekends and evenings: OCBC guarantees the rate it quotes for transfers made outside market hours, including weekends.
Which OCBC rate applies when you send SGD to India
- Sending SGD to India: OCBC sells you rupees, so the OCBC foreign exchange rate that counts is the sell rate.
- Turning INR back into SGD at OCBC: the bank buys your rupees at the buy rate, so the OCBC conversion rate gives you fewer Singapore dollars.
- Check the final amount: the OCBC bank currency exchange rate plus any agent fees decides what reaches India.
OCBC international transfer charges and time to India
OCBC Overseas Funds Transfer is a telegraphic transfer (TT). The cable fee and commission are waived for online transfers as of 4 Nov 2026; check the bank's terms for the end date.
| Transfer type | Fee to India | Speed | Limits and notes |
|---|---|---|---|
| Online Overseas Funds Transfer | Cable fee and commission waived (as of 4 Nov 2026); agent fees may still apply | Sent before the 3:30pm cut-off, value the next day | Minimum SGD 100; age 16+ with an eligible OCBC current or savings account and Online Banking |
Indian businesses can receive payments from abroad with Xflow
OCBC vs other ways to send money from Singapore to India
OCBC is one way to send money home. Before a large OCBC international transfer, compare the final rupee amount each option gives you, not only the OCBC bank foreign exchange rate.
| Option | How the rate is set | Fee approach | Best when |
|---|---|---|---|
| OCBC Overseas Funds Transfer | OCBC bank currency rate, which usually includes a margin over mid-market | Online cable fee and commission waived as of 4 Nov 2026 | You already bank with OCBC |
| Money changer or remittance shop | Its own counter rate | Varies by provider | You want to pay cash in person |
| Money transfer app | Varies by provider | Varies by provider | You want to compare the final INR amount quickly |
Our page on how to send money from Singapore to India covers each route step by step.
Frequently asked questions
In the OCBC app under "View FX rates". The rate there is indicative until the transfer goes through.
Not always. The app rate is indicative, and the actual OCBC currency exchange rate used is shown in your transaction history.
As of 4 Nov 2026, OCBC waives the cable fee and commission on online transfers. Agent fees may still apply.
OCBC says an INR transfer sent before the 3:30pm cut-off has value the next day. Check the arrival time in the app.
The minimum is SGD 100 per online overseas funds transfer.
OCBC guarantees the rate it quotes for transfers made outside market hours, including weekends, so you know the rate before you confirm.
