Best Money Changer Singapore: Navigating Singapore, with its diverse mix of cultures, often necessitates exchanging currencies. No matter if you are visiting Singapore as a visitor or conducting international transactions, finding an ideal money changer in Singapore is of crucial importance. Selecting an ideal money changer may seem a difficult challenge with many money changers scattered throughout the island offering competitive rates and various services; finding your ideal option can be time consuming.
As a way of helping with this daunting challenge, we’ve compiled an in-depth list of Singapore’s 20 premier money changers with details regarding their locations, exchange rates, customer reviews and unique offerings – ensuring an effortless currency exchange experience for all involved parties.
How To Choose Best Money Changer Singapore?
Assuring an effortless and safe transaction when selecting the ideal money changer in Singapore involves several essential considerations. Here are a few essential tips that may assist:
Compare Currency Exchange Rates: Shop around to find money changers offering competitive exchange rates near the mid-market rate in order to maximize the value of your currency exchange transaction.
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Fees and Charges: Keep an eye out for additional charges levied by money changers. Some establishments may assess service fees or commission on transactions that can alter the overall costs involved with them.
Reputation and Trustworthiness: Take time to research the money changer’s reputation and trustworthiness before selecting them as your money exchange partner. Look for establishments with proven their reliability with excellent honesty, transparency and customer service records as well as online reviews from fellow travelers that may provide additional insight.
Licensing and Regulation: Before engaging a money changer in Singapore, ensure it has been licensed by relevant authorities and adheres to stringent guidelines and regulations imposed upon licensed money changers; licensed money changers offer additional layers of security during your transaction.
Convenience and Accessibility: When selecting a money changer, be mindful of its location and operating hours. Choose an accessible money exchange that provides extended operating hours if needed outside traditional business hours.
Currency Selection: When looking for the ideal money changer, ensure they offer an assortment of currencies – particularly more obscure or exotic ones – so as to meet all your currency exchange requirements. A reliable money changer should have no difficulty satisfying all this need.
Security Measures: Prioritizing money changers that prioritize security features can protect the transactions made at their establishments, including CCTV cameras, counterfeit detection technology and secure transaction processes.
Customer Service: Evaluate the level of customer service offered by money changers, with knowledgeable and friendly staff that is eager to address any of your needs and offer assistance can further enhance the overall experience.
Here Is The List Of Best Money Changer Singapore
- Raffles Money Change (Best Money Changer Singapore)
- Mustafa Foreign Exchange
- People’s Park Complex
- Sino Money Changer
- BKK Forex Pte Ltd (Best Money Changer Singapore)
- Golden Horse Prize Enterprise
- Joyalukkas Exchange
- CashChanger Singapore
- Yen Leong & Co
- Gadot Money Exchange (Best Money Changer Singapore)
- Chequepoint
- Thian Seng Money Changer
- BKK Forex Chinatown
- Aliwal Money Changer
- Supreme Money Changer (Best Money Changer Singapore)
- Muthu Foreign Exchange
- ZENITH REMIT PTE. LTD.
- Falcon Money Exchange
- Glory Forex
- Mercury Money Exchange (Best Money Changer Singapore)
20 Best Money Changer Singapore
1. Raffles Money Change (Best Money Changer Singapore)
Raffles Money Change stands as one of the premier currency exchange establishments in Singapore, boasting competitive exchange rates as well as impeccable service. Within Raffles Place’s bustling district lies this money changer which serves both residents and tourists. Offering convenient currency exchange services at its central location. Raffles Money Change has gained recognition for its reliability and efficiency over many years of operation, earning trust from clients by offering transparent transactions without hidden fees or charges.
Raffles Money Change offers knowledgeable staff who excel in meeting customer exchange requirements and inquiries with ease, upholding its longstanding tradition as the preferred provider for currency services in Singapore. With customer satisfaction guaranteed and integrity atop its priorities list – Raffles Money Change remains an exceptional currency exchange service provider.
2. Mustafa Foreign Exchange
Mustafa Foreign Exchange in Mustafa Centre stands as an epicenter of currency exchange services around-the-clock for travelers in search of currency conversion solutions. Renowned for their 24-hour operation, this establishment meets all customer needs with ease – offering currency exchange at any hour of day or night! Mustafa Foreign Exchange provides competitive currency rates at unbeatably reasonable rates, making the establishment popular with both tourists and locals.
A steady flow of customers access Mustafa services throughout each day; evidenced by its bustling atmosphere. No matter its busy environment, Mustafa Foreign Exchange maintains high levels of efficiency and professionalism to guarantee seamless transactions for its patrons. No matter whether it be early morning shopping hours or peak shopping seasons – Mustafa Foreign Exchange stands ready to meet all of your currency exchange needs with its unparalleled accessibility and dependability.
3. People’s Park Complex
People’s Park Complex provides shoppers and tourists alike with numerous retail shops – as well as money changers who cater to all their shopping needs – at its complex. People’s Park Complex Money Changer stands out as an exceptional establishment due to its competitive rates and convenient location near Chinatown. Attracting customers seeking currency exchange services amid the bustle and chaos of an industrial complex, this money changer provides currency conversion services at competitive rates.
People’s Park Complex Money Changer prides itself on transparency and reliability, offering various currencies at favorable exchange rates for its customers. People’s Park Complex Money Changer’s central location makes it the ideal solution for both tourists and residents exploring Chinatown’s rich cultural history. From strolling lively markets to tasting local specialties, People’s Park Complex Money Changer provides reliable currency exchange service.
4. Sino Money Changer
Sino Money Changer in Singapore’s Central Business District offers reliable currency exchange services at competitive rates. Due to its prime location within a bustling commercial hub, this establishment primarily caters to professionals and business travelers looking for efficient currency exchange solutions. Sino Money Changer stands out with its competitive rates and dedication to customer satisfaction, providing its patrons a smooth and seamless service experience.
Sino Money Changer offers personalized service and invaluable insight for foreign exchange markets to provide personalized assistance with currency exchange requirements, whether conducting international business transactions or discovering vibrant city attractions. Their expert staff members ensure an easy, smooth currency exchange experience to suit individual customer requirements.
5. BKK Forex Pte Ltd (Best Money Changer Singapore)
BKK Forex has long been recognized for their expertise and reliability within the currency exchange sector, with multiple branches located strategically around Singapore. BKK Forex provides comprehensive currency exchange services, remittance solutions and travel-related products designed to meet the diverse needs of individuals and businesses alike. BKK Forex’s dedication to customer satisfaction and competitive pricing has allowed it to build an expansive clientele over the years, earning us an unrivalled reputation of reliability and efficiency.
Currency exchange services offered at these branches provide convenient currency exchange services across numerous neighborhoods on the island and ensure accessibility for customers. BKK Forex Pte Ltd provides one-stop solutions that meet all of your travel, remittance and business currency draft needs with professionalism and integrity! – including currency exchange for travel purposes, international transfer remittance services or drafts as needed for international transactions.
6. Golden Horse Prize Enterprise
Golden Horse Prize Enterprise stands out as an established currency exchange establishment in Singapore, renowned for their competitive rates and customer-first approach. Positioned strategically within the city, this money changer draws customers from diverse backgrounds: tourists, business travellers and residents of all kinds. Golden Horse Prize Enterprise prides itself on transparency and reliability to provide customers with fair and cost-effective rates when exchanging currency.
Golden Horse Prize Enterprise takes pride in offering efficient and hassle-free transactions, boasting an expert staff dedicated to offering excellent service. No matter the purpose, whether for travel purposes or international business transactions, we provide reliable currency exchange at Golden Horse Prize Enterprise and have become one of Singapore’s premier money changers.
7. Joyalukkas Exchange
Joyalukkas Exchange has built up an outstanding reputation within Singapore’s currency exchange industry over time by providing comprehensive services designed to meet customers’ diverse requirements. Joyalukkas Exchange prides itself on professionalism and reliability in offering competitive exchange rates at efficient transaction processing for currency trading, remittance services and other financial solutions. Customer care at this establishment is evident through personalized services and attention to details; each customer can count on receiving assistance with their currency exchange needs.
As one of Singapore’s premiere money changers, Joyalukkas Exchange provides convenient currency exchange solutions that cater to tourists as well as business professionals completing international transactions. Our friendly team members ensure a quality exchange service so we are proud of being considered among Singapore’s premier money changers.
8. CashChanger Singapore
Whilst CashChanger may provide comprehensive currency exchange rate data and money changer listings in Singapore, its main aim remains providing comprehensive currency rate comparison information and money changer listings across this small nation state. CashChanger Singapore features an intuitive user experience with real-time updates to provide customers with access to the best rates and locations to meet their currency exchange requirements.
CashChanger Singapore aggregates data from numerous money changers to allow users to easily compare rates and make informed decisions. Furthermore, its currency converters, calculators, reviews from users as well as currency conversion calculators enhance user experience further. Whether for travel purposes or international remittance purposes whether to exchange foreign currency at travel agents in Singapore – or international money transfer providers; CashChanger Singapore serves as an indispensable resource in finding you the best offers and locations in Singapore for currency exchange services.
9. Yen Leong & Co
Yen Leong & Co has earned itself an esteemed place among Singapore’s currency exchange industry, offering reliable and efficient services for customers in Singapore. Professionalism and integrity are at the core of all services provided by Yen Leong & Co, offering competitive rates with personalized attention tailored specifically for each of its clientele’s individual requirements.
Experienced staff at this establishment is committed to ensuring each customer gets the assistance needed with their currency exchange requirements. No matter your currency exchange needs be they for travel purposes, international remittance or business transactions Yen Leong & Co offers an easy, seamless service making us Singapore’s go-to provider for currency services.
10. Gadot Money Exchange (Best Money Changer Singapore)
Gadot Money Exchange in Singapore has long been recognized for their competitive exchange rates and impeccable service, which makes us standout among competitors. Situated conveniently, this money changer caters to customers’ diverse currency exchange needs by offering various currency services that fit various specifications. Gadot Money Exchange takes great pride in upholding customer satisfaction by conducting each transaction transparently and professionally earning their clientele’s trust over time.
Experienced staff are on hand at this establishment to deliver impeccable service and meet customers’ currency exchange requirements. Gadot Money Exchange stands out as an experienced currency exchange service in Singapore for tourists and business professionals alike, serving every requirement to fulfill your currency conversion needs at competitive rates – and boasts one of the city’s premier money changers.
11. Chequepoint
Established currency exchange service provider Chequepoint can be found across Singapore at key locations. Renowned for offering competitive rates and reliable service, Chequepoint’s reputation extends across a broad spectrum of clients including tourists, business travellers and residents of Singapore alike. Chequepoint strives for complete transparency and efficiency when providing fair exchange rates to its customers.
Experienced staff are on hand at this establishment and dedicated to offering personalized assistance while responding promptly and thoroughly to any customer queries or issues that may arise. Chequepoint offers convenient and trusted currency exchange solutions that meet travel, international remittance or business transactions needs in Singapore, making us one of the premier money changers.
12. Thian Seng Money Changer
Thian Seng Money Changer in Singapore has earned itself a sterling reputation due to their competitive rates and impeccable service. Thian Seng Money Changer’s many branches across Singapore cater to customers’ diverse currency exchange requirements. Thian Seng Money Changer provides an effortless currency exchange experience in Singapore for tourists or business professionals conducting international transactions, whether traveling on holiday or conducting transactions for international transactions.
Thian Seng Money Changer’s staff members are committed to offering efficient service while responding quickly and courteously to customer inquires. Their dedication has earned Thian Seng Money Changer an impeccable reputation as an industry-leading currency exchange services provider in Singapore.
13. BKK Forex Chinatown
Established in Singapore’s vibrant Chinatown district, this popular currency exchange center is known for its competitive rates and convenient location – perfect for serving both residents as well as visitors looking for currency exchange services. BKK Forex Chinatown meets both their needs as locals as well as visitors alike! At this establishment, they provide customers with access to multiple currencies while providing reliable service that ensures customer satisfaction. BKK Forex Chinatown stands out with their experienced staff that understand the foreign exchange markets, providing personalized assistance and valuable insight for customers looking for currency exchange solutions.
BKK Forex Chinatown provides reliable and cost-effective currency exchange solutions in Singapore’s Chinatown for travelers, money transfer services, international remittance services and business transactions alike. With convenient opening hours every day of the week and high security measures against fraudsters onsite, our trusted currency exchange offers convenient currency conversion at every stage.
14. Aliwal Money Changer
Aliwal Money Changer in Singapore’s vibrant district of Bugis offers reliable currency exchange services at highly competitive rates to meet their clients’ diverse currency exchange requirements. Their focus lies on customer satisfaction and offering highly tailored exchange solutions tailored to each of its clientele members’ unique requirements. Establishment offers a diverse array of currencies and offers efficient and dependable service, to provide seamless transactions for customers.
Aliwal Money Changer provides reliable currency exchange services that cater to visitors exploring Bugis or business professionals conducting international transactions. We pride ourselves on our reliable currency conversion services! Staff at this establishment take great pride in offering personalized assistance and responding promptly and politely to customer inquiries – creating an exceptional money changing experience and earning them their place among Singapore’s preferred money changers.
15. Supreme Money Changer (Best Money Changer Singapore)
Supreme Money Changer in Singapore has earned its excellent reputation thanks to their competitive rates and superior services. Supreme Money Changer offers currency exchange services across the island at various strategic locations to meet customers’ currency conversion needs, from tourists and business travellers to residents living nearby. At this establishment, they provide customers with a broad array of currencies at highly competitive exchange rates while providing reliable service that ensures complete satisfaction from every visit.
Supreme Money Changer provides expert assistance and valuable market expertise when providing customers with currency exchange solutions in Singapore. From changing traveler currency for travel purposes or international remittance to conducting business transactions, Supreme Money Changer’s experienced staff offer tailored assistance that meets customer requirements seamlessly and conveniently.
16. Muthu Foreign Exchange
Muthu Foreign Exchange stands out among Singapore currency exchange services by its competitive rates and commitment to customer satisfaction. Muthu Foreign Exchange offers currency exchange solutions tailored to locals and tourists across the island. With multiple branches located strategically throughout, these exchange bureaus meet all your currency conversion needs! Muthu Foreign Exchange offers transparent and reliable currency exchange transactions at fair and favorable rates to ensure our customers experience no unexpected costs during transactions. Staff of this establishment is focused on providing efficient service and responding quickly and accurately to any inquiries or customer issues that may arise.
Muthu Foreign Exchange offers reliable and cost-effective currency exchange services that meet any need, such as travel currency exchange, international remittance of funds or business transactions in Singapore. Their convenient services have become one of their stand-out features among money changers here.
17. ZENITH REMIT PTE. LTD.
ZENITH REMIT PTE. LTD is an established currency exchange and remittance service provider located in Singapore that prides itself on reliability and efficiency. ZENITH REMIT’s international money transfers specialize in competitive exchange rates and affordable remittance fees to provide cost-efficient options to its customers looking to send funds abroad. With convenience and accessibility in mind, ZENITH REMIT provides multiple channels for money transfer – online platforms as well as physical locations.
Experienced professionals work to ensure each transaction is handled swiftly and securely for customer peace of mind. No matter if sending money abroad or conducting international transactions is your goal – ZENITH REMIT PTE LTD offers reliable remittance solutions in Singapore that you can rely upon.
18. Falcon Money Exchange
Falcon Money Exchange in Singapore has earned itself a stellar reputation due to their competitive rates and exceptional service. Falcon Money Exchange’s branches across the island make us accessible and responsive to its customer’s currency exchange requirements. Falcon Money Exchange’s simple and seamless currency exchange service makes your experience effortless whether you’re exploring Singapore as a tourist, conducting international transactions for work purposes or need to exchange some currency immediately for another form.
Falcon Money Exchange’s team of knowledgeable staff members strive to offer efficient service while responding promptly and professionally to customer inquires. Reputing itself for reliability and integrity, Falcon Money Exchange remains one of the go-to currency exchange options in Singapore.
19. Glory Forex
Glory Forex in Singapore has earned itself a name as an outstanding currency exchange establishment due to their highly competitive exchange rates and efficient services. Situated throughout Singapore at strategic points across the island, Glory Forex caters for locals as well as tourists needing currency exchange needs. Establishment provides customers with a selection of currencies at competitive exchange rates while offering efficient and dependable services that aim to ensure complete customer satisfaction.
Glory Forex’s team of expert staff members possessing extensive knowledge on foreign exchange markets offer personalized assistance and valuable insight when providing currency exchange solutions to its customers. Be it exchanging for travel purposes, sending international transfers or conducting business transactions; Glory Forex provides reliable services tailored specifically to Singaporeans’ currency exchange requirements.
20. Mercury Money Exchange (Best Money Changer Singapore)
Mercury Money Exchange in Singapore has gained prominence for offering competitive exchange rates at convenient locations, along with convenient services. Mercury Money Exchange boasts numerous locations all across the island to serve both residents and tourists seeking currency exchange needs. Offering an extensive variety of foreign currencies at competitive exchange rates and providing efficient yet dependable service ensure a positive transaction experience for its clients, Mercury Money Exchange guarantees smooth currency conversion experiences every time! Mercury Money Exchange provides reliable currency exchange services in Singapore to tourists as well as business professionals conducting international transactions.
We take great pride in meeting all your currency exchange needs! Staff at this establishment take great pride in offering personalized assistance and responding promptly and politely to customer inquiries, earning it recognition among Singapore’s money changers as an exceptional service provider.
Best Money Changer Singapore Pros & Cons
Pros
Convenience: Money changers can often be found conveniently located within popular tourist areas, shopping malls or financial districts to make exchanging currency an effortless process while on-the-go.
Competitive Exchange Rates: Money changers often offer more favorable exchange rates compared to banks or airport counters, giving you better value for your dollar.
Money Changer Services in Singapore Offer a Wide Array of Currencies: Money changers in Singapore usually offer an assortment of major and exotic currencies for travelers from different nations visiting Singapore. This makes money exchange more accessible.
Currency Change Services Are Efficient: Currency exchange transactions at money changers tend to be fast and hassle-free, especially with smaller amounts, providing you with what currency you require without unnecessary delay or expense.
Money Changers Are Accessible: In contrast with some financial services, currency exchange at money changers is typically accessible to everyone without needing a bank account – making money changing more accessible than ever!
Cons
Service Fees or Commission: Some money changers charge additional service fees or commission on top of their exchange rates, which could reduce overall currency conversion value.
Risk of Counterfeits: While reputable money changers take steps to combat counterfeit currency, there is always the potential risk that counterfeit bills might appear when handling large sums of cash.
Limited Operating Hours: Money changers in shopping malls or tourist areas often operate limited operating hours, which could prove inconvenient if you need to exchange currency outside regular business hours.
Exchange Rate Fluctuations: Exchange rates at money changers may fluctuate throughout the day depending on market conditions, meaning your rate may differ depending on when and how soon you exchange currency.
Money Changers Aren’t Appropriate for Large Transactions: For large currency exchange transactions such as business purposes or property purchases, such as money changers may not provide the best rates or services compared with financial institutions that specialize in currency trading.
Best Money Changer Singapore Conclusion
Money changers in Singapore provide travelers and locals alike with an accessible means to exchange currency at competitive rates, wide selection of currencies offered for purchase, and convenient locations – providing valuable foreign exchange assistance when it’s needed most. At the same time, it’s crucial to be cognizant of any possible drawbacks such as service fees, limited operating hours or counterfeit currency risks when considering cryptocurrency as an investment strategy.
Money changers remain a popular currency exchange option in Singapore despite these potential disadvantages, providing quick and efficient methods of exchanging currency for travel, business or personal purposes. By carefully considering their advantages and disadvantages and conducting thorough research to identify trustworthy establishments individuals can make informed choices when selecting their currency exchanger in Singapore.
Best Money Changer Singapore FAQ’s
What documents do I need to bring to exchange currency at a money changer in Singapore?
Usually, larger transactions or exchanging certain currencies require you to present valid forms of identification such as a passport or national ID card as proof of ID.
How do money changers determine their exchange rates?
Money changers typically set their exchange rates based on market rates, taking into account supply and demand conditions as well as exchange rate fluctuations as well as any applicable fees or commissions.
Are there any fees or commissions charged by money changers?
As some money changers may charge fees or commissions in addition to exchange rates, it’s wise to inquire as soon as possible as to any possible additional charges that might incur before proceeding with any transaction.
Can I exchange coins at a money changer in Singapore?
Money changers in Singapore typically only accept banknotes as exchange currency as handling coins can be time consuming and may not be cost effective for their operation.
What currencies can I exchange at a money changer in Singapore?
Money changers in Singapore typically provide an extensive variety of currencies, from major ones like US dollars and euros to exotic varieties from across the world.
Is it better to exchange currency at a money changer or at the airport?
Airport exchange desks may offer more convenient rates; however, money changers in Singapore generally provide better exchange rates. Therefore it’s often recommended that currency be converted at one of these establishments to achieve optimal rates.
Can I negotiate the exchange rate at a money changer?
As money changer exchange rates tend to be fixed and non-negotiable, you should shop around to compare different money changers’ offers in order to find the most attractive rate. To do this effectively and successfully.
Are money changers in Singapore regulated?
Yes, money changers in Singapore are subject to oversight by the Monetary Authority of Singapore (MAS) to ensure compliance with anti-money laundering and counterterrorism financing regulations, while upholding transparency and integrity within the foreign exchange market.
