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 Working in Singapore V17, All about living in the Lil' Red Dot

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almeizer
post Dec 11 2014, 10:21 AM

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QUOTE(rcr @ Dec 11 2014, 01:42 AM)
Now 2.6685 according to xe.com
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Online rate is 2.67 now. I checked KL rate, it was 2.62. Slightly better than SG.
Fiona Chin
post Dec 11 2014, 10:57 AM

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Wanted to change some pocket money for year end trip but snaking queues in Arcade during lunch hours. All these rich people bringing few millions savings go and change. So pro can know now is the peak.
seantang
post Dec 11 2014, 11:20 AM

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2.63 today on Maybank2u.sg
crazy25kid
post Dec 11 2014, 11:27 AM

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For the badminton enthusiasts
http://www.greatdeals.com.sg/2014/12/11/yo...gest-selection/
Mackiddo
post Dec 11 2014, 03:00 PM

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QUOTE(Fiona Chin @ Dec 11 2014, 10:57 AM)
Wanted to change some pocket money for year end trip but snaking queues in Arcade during lunch hours. All these rich people bringing few millions savings go and change. So pro can know now is the peak.
*
got see out elite deodorant among the crowd in the queue?
whereis the love
post Dec 11 2014, 03:32 PM

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QUOTE(seantang @ Dec 11 2014, 11:20 AM)
2.63 today on Maybank2u.sg
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got transaction charge?i was about to open CIMB sg account to transfer money to Malaysia CIMB,heard the rate higher than money changer
seantang
post Dec 11 2014, 04:08 PM

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QUOTE(whereis the love @ Dec 11 2014, 03:32 PM)
got transaction charge?i was about to open CIMB sg account to transfer money to Malaysia CIMB,heard the rate higher than money changer
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MBB2U.sg charges $$15 fee for every remittance to a Malaysia MBB account (max $$20K).

When I logged in to CIMB Clicks today, there was an advertisement that they will rebate you S$15 for remitting money back to Malaysia. Normally it's just free remittance to a CIMB Malaysia account. But since I don't have a CIMB Malaysia account, I have never used it. So I have no idea whether they give a better/worse rate than MBB.

whereis the love
post Dec 11 2014, 04:51 PM

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QUOTE(seantang @ Dec 11 2014, 04:08 PM)
MBB2U.sg charges $$15 fee for every remittance to a Malaysia MBB account (max $$20K).

When I logged in to CIMB Clicks today, there was an advertisement that they will rebate you S$15 for remitting money back to Malaysia. Normally it's just free remittance to a CIMB Malaysia account. But since I don't have a CIMB Malaysia account, I have never used it. So I have no idea whether they give a better/worse rate than MBB.
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$15 is not worth,CIMB is free thats y worth..
Fiona Chin
post Dec 11 2014, 05:24 PM

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QUOTE(Mackiddo @ Dec 11 2014, 03:00 PM)
got see out elite deodorant among the crowd in the queue?
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Big boss no need queue. His minions queue for him one.

QUOTE(whereis the love @ Dec 11 2014, 04:51 PM)
$15 is not worth,CIMB is free thats y worth..
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Consider the difference in exchange rate for both banks too if you really want to be precise.
seantang
post Dec 11 2014, 08:29 PM

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QUOTE(whereis the love @ Dec 11 2014, 04:51 PM)
$15 is not worth,CIMB is free thats y worth..
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Ummm... $15 for a $20K remittance is only 0.075%. It's not even a tenth of one percent.
mules
post Dec 11 2014, 10:28 PM

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QUOTE(aLertz @ Dec 10 2014, 01:26 PM)
2.6 in Bedok....Q is longer than usual laugh.gif
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Mind telling me where is the money changer?
bearbear
post Dec 11 2014, 10:56 PM

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for CIMB what is the rate today? Any link to refer to?

some in KL offering to take 2.64 already sweat.gif
MsiaqweR
post Dec 12 2014, 09:38 AM

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Reliable reports speculated it will strengthen to 2.70 by CNY next year.

So why change now?
aLertz
post Dec 12 2014, 10:24 AM

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QUOTE(mules @ Dec 11 2014, 10:28 PM)
Mind telling me where is the money changer?
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there are 4 money changers nearby bedok mall...
i usually go the one beside sheng siong and the one beside bee cheng hiang smile.gif

these few days didn't check the rate....don't know still same or not biggrin.gif

This post has been edited by aLertz: Dec 12 2014, 10:25 AM
xtylish
post Dec 12 2014, 10:37 AM

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user posted image
Fiona Chin
post Dec 12 2014, 10:48 AM

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QUOTE(MsiaqweR @ Dec 12 2014, 09:38 AM)
Reliable reports speculated it will strengthen to 2.70 by CNY next year.

So why change now?
*
Suddenly everyone become expert reading and writing all those reports. rclxms.gif rclxms.gif rclxms.gif

Did you go convert all your RM to SGD and wait for CNY 2.70 to reverse the flow? That would be around 2% returns for 2-3 months period, not bad you know.
whereis the love
post Dec 12 2014, 11:15 AM

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QUOTE(Fiona Chin @ Dec 12 2014, 10:48 AM)
Suddenly everyone become expert reading and writing all those reports. rclxms.gif  rclxms.gif  rclxms.gif

Did you go convert all your RM to SGD and wait for CNY 2.70 to reverse the flow? That would be around 2% returns for 2-3 months period, not bad you know.
*
I believe money changer sell SGD price higher than 2.7 ady
seantang
post Dec 12 2014, 11:15 AM

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QUOTE(MsiaqweR @ Dec 12 2014, 09:38 AM)
Reliable reports speculated it will strengthen to 2.70 by CNY next year.

So why change now?
*
Go one more step... sell RM/buy S$ now at 2.60, then buy RM/sell S$ next Chinese New Year at 2.70. How much of your own money will you bank on the reliability of the reports?

crazy25kid
post Dec 12 2014, 12:10 PM

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CNY speculate 2.7..then u wait
then in jan, speculate mid year go 2.75...u wait again?
then forever no need change liao lo
fcuk90
post Dec 12 2014, 11:09 PM

ef eg ek es
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anyone here from BDO singapore ?

can share any info or experience. ?



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