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    Compare DBS Bank Exchange Rates

    Exchange Rates aren't all the same! It's hard to predict the currency markets, but you can always save money by comparing DBS Bank exchange rates and fees to those charged by market leading FX providers.

    DBS Money Transfer

    DBS Bank is a Singapore-based multinational bank and is particularly popular in Singapore and the wider Southeast Asia region. The bank has a strong presence in countries such as Indonesia, Hong Kong, Taiwan, and China, where it offers a range of banking and financial services to individuals and businesses. DBS Bank has also expanded its presence in India and other parts of South Asia in recent years.

    In addition to its core markets in Asia, DBS Bank has a growing presence in other regions, including the Middle East, Europe, and the Americas. The bank has established itself as a leading player in the digital banking space, with a focus on delivering innovative and user-friendly banking services to customers across multiple geographies.

    DBS Bank offers international money transfer services that allow customers to send and receive funds from abroad. Customers can initiate a money transfer online or in person at a branch. DBS Bank provides fast and secure international money transfer services with competitive exchange rates and low transfer fees. The bank offers two main types of international money transfer services:

    1. DBS Remit: DBS Remit is an online money transfer service that allows customers to send money from their DBS or POSB account to another bank account overseas. The service is available in 26 currencies and allows for same-day or next-day transfers. DBS Remit also offers preferential exchange rates for selected currencies.

    2. Telegraphic transfers (TT): TT is a traditional method of sending money overseas that involves transferring funds from one bank to another via a secure telegraphic transfer. TT is available in a range of currencies and allows for both incoming and outgoing transfers.

    DBS does not publish their exchange rates publicly which is frustrating. Our BER International Money Transfer partners tend to offer guaranteed transparency on all conversions.

    Our research shows that on average, DBS profit margin for foreign exchange rates is somewhere between 3 - 7%, depending on the amount you're sending, where you're sending it to and which currency will be received.

    When you get a quote for your Global Money Transfer from DBS on their website or in-app, you can also see the DBS exchange rate, but it can be difficult to then calculate how much you are being charged.

    While all banks charge this mark-up, the extra amount being charged is much higher than it would be with a global money transfer specialist.

    You Can Save Money when you Compare DBS Bank Exchange Rate Margins & Fees

    The below comparison table makes it easy to calculate the Total Cost you are being charged on your currency transaction by DBS Bank versus the market mid-rate. It is easy to calculate any savings available from popular market-leading FX providers.

     

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    Learn more about DBS Remit

    DBS Bank has received numerous awards and accolades over the years for its banking and financial services, including being named "World's Best Bank" by Euromoney and "Asia's Best Bank" by The Banker. The bank is recognized for its commitment to innovation, sustainability, and social responsibility, as well as its focus on providing a seamless and personalized customer experience.

    DBS Remit is an online money transfer service offered by DBS Bank that allows customers to send money from their DBS or POSB account to another bank account overseas. The service is available in multiple currencies and allows for same-day or next-day transfers, making it a convenient and fast option for sending money internationally.

    DBS Remit offers competitive exchange rates and low fees, making it an affordable option for sending money overseas. Customers can also benefit from preferential exchange rates for selected currencies, which can help them save money on their international money transfers.

    DBS Remit is available in a range of countries and regions, including Southeast Asia, China, Hong Kong, Taiwan, India, Australia, New Zealand, Europe, the United Kingdom, and the United States. The service allows customers to send money to over 40 countries and regions worldwide, including the Philippines, Indonesia, Malaysia, Thailand, Vietnam, China, Hong Kong, Taiwan, India, the United States, and the United Kingdom.

    To use DBS Remit, customers need to have a DBS or POSB account and access to DBS's online banking platform or mobile app. Customers can initiate the transfer online and track the status of their transfer through the platform. DBS Bank also provides customer support to assist customers with any questions or concerns related to their DBS Remit transactions.

    Overall, DBS Remit is a reliable and convenient option for sending money internationally, with competitive exchange rates and low fees. As it operates in multiple countries and regions, it provides a flexible and accessible solution for customers looking to send money overseas.

     

    Is the US dollar expected to go up or down?

    This is always a difficult question as exchange rates are influenced by many factors, so a good method to consider the US dollar current value is to look the USD performance against a range of other currencies over various time periods.

    The following table looks at the performance of the USD exchange rate against other currencies over time periods from the previous 2 days back to the last 5 years.


    BER partners are among the best & most trusted FX brands

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    Popular Rates (A - Z)


    United Arab Emirates dirham to Indian rupee

    AED to INR at 22.42 is near its 3-month average of 22.39, having fluctuated within a 2.5% range of 22.04-22.58
    AED to INR
    22.42
    14-DAYHIGH3d

    Australian dollar to Chinese yuan

    AUD to CNY at 4.5687 is 2.5% below its 3-month average of 4.6841, having fluctuated within a 6.7% range of 4.5458-4.8508
    AUD to CNY
    4.5686
    1-DAY-0.8%1d

    Australian dollar to Euro

    AUD to EUR at 0.6173 is 3.2% below its 3-month average of 0.6379, having fluctuated within a 6.8% range of 0.6156-0.6577
    AUD to EUR
    0.6173
    90-DAYLOW2d
    4-DAY-1.7%1d

    Australian dollar to Pound Sterling

    AUD to GBP at 0.5440 is 3.5% below its 3-month average of 0.5636, having fluctuated within a 6.4% range of 0.5440-0.5789
    AUD to GBP
    0.5440
    90-DAYLOW
    4-DAY-1.9%2d

    Australian dollar to Japanese yen

    AUD to JPY at 86.97 is 3.9% below its 3-month average of 90.49, having fluctuated within a 6.9% range of 86.97-93.00
    AUD to JPY
    86.97
    90-DAYLOW
    7-DAY-2.2%1d

    Australian dollar to New Zealand dollar

    AUD to NZD at 1.0720 is 1.2% below its 3-month average of 1.0851, having fluctuated within a 3.5% range of 1.0673-1.1049
    AUD to NZD
    1.0720
    60-DAYLOW1d
    1-DAY-0.8%2d

    Australian dollar to Thai baht

    AUD to THB at 22.70 is 2.2% below its 3-month average of 23.21, having fluctuated within a 4.6% range of 22.70-23.75
    AUD to THB
    22.67
    90-DAYLOW
    1-DAY-0.9%1d

    Australian dollar to US dollar

    AUD to USD at 0.6652 is 2.7% below its 3-month average of 0.6839, having fluctuated within a 8.6% range of 0.6582-0.7151
    AUD to USD
    0.6652
    1-DAY+0.8%2d

    Canadian dollar to Australian dollar

    CAD to AUD at 1.0891 is just 0.7% above its 3-month average of 1.0811, having fluctuated within a 5.3% range of 1.0483-1.1043
    CAD to AUD
    1.0891
    4-DAY+1.5%2d

    Canadian dollar to Japanese yen

    CAD to JPY at 94.72 is 3.2% below its 3-month average of 97.82, having fluctuated within a 6.2% range of 94.72-100.6
    CAD to JPY
    94.72
    90-DAYLOW
    1-DAY-0.8%

    Euro to Canadian dollar

    EUR to CAD at 1.4875 is 2.6% above its 3-month average of 1.4504, having fluctuated within a 4.5% range of 1.4261-1.4902
    EUR to CAD
    1.4875
    90-DAYHIGH2d
    4-DAY+1.5%

    Euro to Pound Sterling

    EUR to GBP at 0.8814 is just below its 3-month average of 0.8835, having fluctuated within a 2.7% range of 0.8733-0.8969
    EUR to GBP
    0.8814
    60-DAYLOW4d

    Euro to Japanese yen

    EUR to JPY at 140.9 is just 0.7% below its 3-month average of 141.9, having fluctuated within a 5.1% range of 138.2-145.3
    EUR to JPY
    140.90
    30-DAYLOW
    1-DAY-0.8%

    Euro to US dollar

    EUR to USD at 1.0776 is just 0.5% above its 3-month average of 1.072, having fluctuated within a 4.4% range of 1.0522-1.0989
    EUR to USD
    1.0776
    30-DAYHIGH2d
    1-DAY-0.9%1d

    Pound Sterling to US dollar

    GBP to USD at 1.2227 is just 0.8% above its 3-month average of 1.2134, having fluctuated within a 4.9% range of 1.1826-1.2410
    GBP to USD
    1.2227
    30-DAYHIGH1d
    7-DAY+2.1%2d

    Pound Sterling to US dollar

    GBP to USD at 1.2227 is just 0.8% above its 3-month average of 1.2134, having fluctuated within a 4.9% range of 1.1826-1.2410
    GBP to USD
    1.2227
    30-DAYHIGH1d
    7-DAY+2.1%2d

    Hong Kong dollar to Japanese yen

    HKD to JPY at 16.66 is 1.4% below its 3-month average of 16.89, having fluctuated within a 7.0% range of 16.35-17.50
    HKD to JPY
    16.66
    30-DAYLOW
    7-DAY-2.1%1d

    New Zealand dollar to Australian dollar

    NZD to AUD at 0.9328 is 1.2% above its 3-month average of 0.9217, having fluctuated within a 3.5% range of 0.9050-0.9369
    NZD to AUD
    0.9328
    60-DAYHIGH1d
    1-DAY+0.8%2d

    New Zealand dollar to Canadian dollar

    NZD to CAD at 0.8565 is just above its 3-month average of 0.8526, having fluctuated within a 3.9% range of 0.8373-0.8697
    NZD to CAD
    0.8565
    1-DAY+1.1%2d

    New Zealand dollar to Swiss franc

    NZD to CHF at 0.5709 is 2.2% below its 3-month average of 0.5836, having fluctuated within a 6.4% range of 0.5639-0.6001
    NZD to CHF
    0.5709
    4-DAY-1.7%

    New Zealand dollar to Euro

    NZD to EUR at 0.5758 is 2.1% below its 3-month average of 0.5879, having fluctuated within a 4.3% range of 0.5729-0.5975
    NZD to EUR
    0.5758
    90-DAYLOW2d
    1-DAY+0.6%1d

    New Zealand dollar to Pound Sterling

    NZD to GBP at 0.5075 is 2.3% below its 3-month average of 0.5194, having fluctuated within a 4.5% range of 0.5069-0.5298
    NZD to GBP
    0.5075
    90-DAYLOW1d

    New Zealand dollar to US dollar

    NZD to USD at 0.6205 is 1.5% below its 3-month average of 0.6302, having fluctuated within a 6.7% range of 0.6100-0.6506
    NZD to USD
    0.6205
    30-DAYHIGH2d
    1-DAY-0.8%

    US dollar to Brazilian real

    USD to BRL at 5.2465 is just 0.9% above its 3-month average of 5.2012, having fluctuated within a 8.5% range of 5.0464-5.4763
    USD to BRL
    5.2466
    60-DAYHIGH1d
    1-DAY-1.0%

    US dollar to Canadian dollar

    USD to CAD at 1.3804 is 2.0% above its 3-month average of 1.353, having fluctuated within a 4.3% range of 1.3291-1.3860
    USD to CAD
    1.3804
    14-DAYLOW2d

    US dollar to Swiss franc

    USD to CHF at 0.9201 is just 0.6% below its 3-month average of 0.9261, having fluctuated within a 3.7% range of 0.9084-0.9422
    USD to CHF
    0.9201
    1-DAY-0.8%2d

    US dollar to Chinese yuan

    USD to CNY at 6.8681 is just above its 3-month average of 6.8505, having fluctuated within a 4.3% range of 6.7029-6.9897
    USD to CNY
    6.8680
    30-DAYLOW1d
    1-DAY-0.9%1d

    US dollar to Danish krone

    USD to DKK at 6.9254 is just below its 3-month average of 6.9458, having fluctuated within a 4.4% range of 6.7690-7.0685
    USD to DKK
    6.9254
    30-DAYLOW2d
    1-DAY+1.0%1d

    US dollar to Hong Kong dollar

    USD to HKD at 7.8500 is just above its 3-month average of 7.8346, having fluctuated within a 0.7% range of 7.7950-7.8501
    USD to HKD
    7.8500
    90-DAYHIGH

    US dollar to Japanese yen

    USD to JPY at 130.8 is 1.2% below its 3-month average of 132.4, having fluctuated within a 7.5% range of 127.8-137.4
    USD to JPY
    130.75
    30-DAYLOW
    7-DAY-2.1%1d

    US dollar to Mexican peso

    USD to MXN at 18.44 is 1.7% below its 3-month average of 18.75, having fluctuated within a 8.6% range of 17.96-19.50
    USD to MXN
    18.44
    14-DAYLOW
    7-DAY-2.5%

    US dollar to Malaysian ringgit

    USD to MYR at 4.4295 is just 0.9% above its 3-month average of 4.3902, having fluctuated within a 6.6% range of 4.2440-4.5245
    USD to MYR
    4.4295
    30-DAYLOW1d
    1-DAY-0.8%1d

    US dollar to Philippine peso

    USD to PHP at 54.27 is 1.2% below its 3-month average of 54.92, having fluctuated within a 4.6% range of 53.66-56.14
    USD to PHP
    54.29
    30-DAYLOW1d

    US dollar to Singapore dollar

    USD to SGD at 1.3329 is near its 3-month average of 1.3343, having fluctuated within a 3.7% range of 1.3065-1.3542
    USD to SGD
    1.3329
    30-DAYLOW1d
    1-DAY-0.9%2d

    US dollar to Turkish lira

    USD to TRY at 19.03 is 1.0% above its 3-month average of 18.84, having fluctuated within a 2.0% range of 18.67-19.05
    USD to TRY
    19.03
    90-DAYHIGH1d

    US dollar to South African rand

    USD to ZAR at 18.17 is 2.8% above its 3-month average of 17.68, having fluctuated within a 12.1% range of 16.75-18.78
    USD to ZAR
    18.17
    30-DAYLOW1d
    4-DAY-1.8%