If you're thinking or are in the process of joining the expat community, it's likely that the last thing on your mind is foreign exchange. However, getting the best foreign money exchange rate and making the most for your money is crucial to your new life overseas.
Currency exchange is a vital, yet frustrating, step for expatriating and travel. If you're living or working in Singapore, foreign exchange and money transfer is a key part in making to most out of your money. Every time you need to change currency it can feel like you are losing precious money. Poor exchange rates, high fees, and the difficulty is estimating how much to change can add to the difficulties. However, there is also the possibility to exchange currency at a profit.
Before entering making your first transactions, it is important to find an advisor. As a professional that transfers thousands of Pounds, Euros and Dollars everyday, they can offer a better exchange rate than you find on the open market.
The service can be used either for one off transfers:
Or for a regular transfer plan:
For example, a typical regular monthly transfer of £800 to Euros with no fees, no commission and great rates compared to a typical high street bank can save you about €500 over 1 year.
Expat-Quotes is here to help! Check out our Foreign Currency Exchange Services for free and find the best service for you in Singapore by filling out a request form.
Fexco provides a secure international money transfer service online or by telephone with bank beating fx rates and low fees. Specialises in high-value transfers.
|0.6%||FCA||£10 < £5K or Free > £5k||£1K||All||Repatriation of funds, Property, Regular payments, High Value payments, spot, online, telephone.|
Currency Solutions has helped more than 180,000 clients save thousands of pounds in exchange rates since 2003. They provide a safe and quick method of transferring money anywhere in the world.
|0.6%||FSA, HMRC||£10 / Free||£100 / €100||All||Overseas Property, Regular Payments, Forward, Spot, Online|
HiFX Online provides you with the quickest and easiest way to convert £50 – £300,000 online at the touch of a button wherever you have access to the internet.
|0.7%||FSA, HMRC||Free or £9 < £3k||£50 / €60||GBP, EUR, USD, AUD, NZD, CAD, CHF to 19 currencies||
Overseas Property, Regular Payments, Spot, Online
TorFX is a leading provider of currency exchange services, offering ultra competitive foreign exchange rates. Their customers benefit from an unrivalled personal service and substantial savings on currency exchange rate transactions.
|0.7%||FSA, HMRC||Free||£500 / €600||All||
Overseas Property, Regular Payments, Forward, Spot, Online