The 7 Biggest Currency Exchange Service in Singapore

2. Banks:

Major banks in Singapore also offer currency exchange services to their customers. Banks typically provide a wide range of currencies, including both major and exotic ones. They may have dedicated foreign exchange counters or offer the service at their branches. While banks may not always offer the most competitive rates, they are considered a reliable and secure option. Some banks also provide the convenience of online or mobile banking for currency exchange transactions.

3. Online Currency Exchange Platforms:

With the growth of technology, online currency exchange platforms have become increasingly popular in Singapore. These platforms allow individuals to compare exchange rates from different providers and make transactions online. They often offer competitive rates and lower fees compared to traditional money changers or banks. Online currency exchange platforms provide convenience and transparency, allowing users to transact anytime and anywhere. Some platforms may even offer additional features such as rate alerts and travel money cards.