Since this topic is on investing in S-REITs, I would like to ask forumers here about their experiences of which is a more cost effective way of transferring funds to a singapore bank account. Is it :-

1) Use Telegraphic transfer to send SGD to a singapore bank account?

2) Go to Singapore (just happen to have a trip there, not purposely go there) and withdraw money at foreign ATMs using local bank cards and then physically depositing money into Singapore banks.

Option 1) will of course incur remittance charges but it all depends on the forex rate used. Specifically, which option will fetch a better rate?

Note: I have purposely omitted changing into SGD locally and carrying the money over to Singapore because I do not like the risk.

Thanks all in advance for any valuable feedback!