Opening a Bank Account in Singapore
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 Feb 10 2018, 12:19 AM
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#1
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Senior Member
1,264 posts Joined: Aug 2009 
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Hello guys,
Will you transfer MYR to SGD since you have SGD account given that the currency exchange is now more favourable to us? I got some feedbacks saying that SGD will go up again, so it will be good to exchange some for future, yes? Thanks for your advice in advance. |
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Feb 10 2018, 01:21 PM
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#2
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Senior Member
1,264 posts Joined: Aug 2009
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QUOTE(coolguy99 @ Feb 10 2018, 10:18 AM) i would say exchange some but not all, at least that is what i am doing now Yeah, feel like I should at least transfer some as well. Gotta check if it's worthwhile because I'm not sure if banks charge favourable exchange rate for that.  Anyone with relevant experience they can share? |
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Feb 10 2018, 04:27 PM
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#3
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Senior Member
1,264 posts Joined: Aug 2009
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QUOTE(coolguy99 @ Feb 10 2018, 02:10 PM) if u have any friend working in singapore just exchange some with them. this is the easiest way... Yeah, I do have. But if not mistaken, I can't send RM to them and have them bank in SGD for me as well because my bank, OCBC is very strict in me transferring money from Malaysia to any account in SGD, vice versa  Is this the case with other banks or it's only OCBC? QUOTE(Ramjade @ Feb 10 2018, 02:19 PM) Avoid bank. Use money match. Cheaper exchange rates than what banks give. I haven't heard of money match but I see it's being mentioned so many times here. Perhaps will look it up.You pay more if you go via banks |
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