Where to get best exchange rates in Singapore?

13 best money changers in Singapore for good exchange rates

Money changer Area Best currencies to change
Mustafa Foreign Exchange Little India CNY, HKD, IDR, INR, MYR, PHP, RMB
People’s Park Complex Chinatown CNY, HKD, MYR, PHP, THB
Lucky Plaza Orchard MYR, PHP, THB
Bugis Street Bugis AUD, GBP

Where can I exchange large sums of money?

Quick Summary. You can use a bank or currency broker to exchange large amounts of currency. The cost is a combination of exchange rates and transfer fees. Currency brokers can normally beat the banks in terms of cost.

Which bank has better exchange rate?

Local banks and credit unions usually offer the best rates. Major banks, such as Chase or Bank of America, offer the added benefit of having ATMs overseas.

Where can I change small notes in Singapore?

DBS / POSB offers this service through their Note Exchange Service at more than 40 Branch Teller Machines (BTMs) spread across the island. These self-service banking machines support notes exchange in denominations of S$2, S$5, S$10, S$50 and S$100.

Is it legal to exchange currency privately in Singapore?

In Singapore, it is against the law to operate a money-changing or remittance business without a valid licence from the Monetary Authority of Singapore (MAS). You should not engage the services of unlicensed persons.

How do you send 100k to someone?

  1. Your Bank.
  2. Zelle.
  3. PayPal.
  4. Western Union or MoneyGram.
  5. Cash.
  6. Personal Checks.
  7. Bank Drafts, Money Orders, and Cashier’s Checks.
  8. Email Money Transfers.

Where can I change my $5 note in Singapore 2022?

The locations of DBS/POSB BTMs can be found are as follows (as of May 2022): (Labrador Park MRT) Alexandra Retail Centre, 460 Alexandra Road, #02-17, Singapore 119963. (Ang Mo Kio MRT) Blk 703 Ang Mo Kio Ave 8, #01-254, Singapore 560703. (Ang Mo Kio MRT) Blk 712A Ang Mo Kio Avenue 6, #01-4066, Singapore 561712.

Which ATM can change new notes?

DBS and POSB is availing 64 ATMs to disburse new and good-as-new notes across 45 locations island-wide….Customers will be able to withdraw notes in the following sums:

  • S$100 (50 S$2 notes)
  • S$300 (30 S$10 notes)
  • S$500 (10 S$50 notes)
  • S$600 (20 S$10 notes and 8 S$50 notes)

Where can I find the best money changers in Singapore?

Cashchanger.co is another website that helps you find the best money changers. Simply input the amount of SGD you want to exchange, the currency you need, and you’ll be presented with a list of money changers with the best rates at the moment.

Where can I change money in Jurong Point?

This gem is located on level 1 of Jurong Point and has very reasonable exchange rates, so you needn’t travel all the way to town on our top notch public transport system just to change money. Address: #01-18 Jurong Point, 63 Jurong West Central 3 Singapore 648331

Which is the best money changer in Payoh?

Toa Payoh Hub is your best bet as it has 5 money changers, all within a few hundred metres of each other. To say there’s competition is an understatement – let the long queues be your guide.

How many money changers are there in Guangzhou’s shopping mall?

The ageing shopping mall has nearly 20 money changers (almost on par with The Arcade) which means everyone is fighting to sell their excess yuan to you. In fact, this place has a culture of bargaining.