Compare Citibank SGD to INR transfer rates

Compare Citibank Exchange Rates & Fees - Save Time & Money

Our Citibank SGD 10000 to INR rate is 64.38. This is -7.9% below the mid-rate.

Citibank Money Transfer

Citibank's exchange rates for wire transfers are generally competitive and transparent, which makes it a good choice for customers who need to send or receive money internationally. However, it's always a good idea to compare rates and fees across different banks and financial institutions to ensure you're getting the best deal possible.

FX Order Watch: Citibank's FX Order Watch allows customers to set their own exchange rates and automatically execute foreign exchange transactions when the desired exchange rate is reached.

When you get a quote for your Citibank Wire Transfer from their website or in-app, you will see the Citibank exchange rate, but it can be difficult to then calculate how much mark-up 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.

How do Citibank international wire exchange rates compare?

Sending or receiving international transfers to or from your Citibank bank account will include a margin rate of between 3.5% to 8% – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).

What is the Citibank Send Money conversion rate for SGD to INR?

The Citibank SGD to INR exchange rate is 64.38. This is -7.9% compared to the latest SGD-INR mid-market rate 69.88.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Singapore dollar (SGD) to Indian rupee (INR) rates from different sources before making a conversion.

The above Citibank - Singapore dollar to Rupee comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Citibank and other foreign exchange providers against the latest SGD-INR mid-rate and the possible savings of using various providers.

How do Citibank SGD-INR rates compare between providers?

Looking at the full SGD to INR - Send Money comparison table the provider with the best SGD to INR exchange rate is Wise at 69.5, -0.54% from the latest mid-market rate 69.88.

The next best is XE at 69.46, -0.6% from the mid-rate.

Then OFX at 67.75, which is -3% from the mid-rate.

Among the banks the CIMB Bank rate is 64.04 at -8.4% the OCBC Bank rate is 68 at -2.7% and the Maybank rate is 67.44 at -3.5% compared to the mid-rate 69.88.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Citibank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

Citibank SGD to INR Transfers Compared

SGD-INR Rate Calculator