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Understanding the Table:
The comparison table above helps you see the total cost of your U.S. Bank currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
US Bank is one of the largest banks in the United States, with over 3,000 branches and a range of financial products and services for individuals, businesses, and institutions.
US 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. US Bank provides fast and secure international money transfer services with competitive exchange rates and low transfer fees. The bank offers wire transfers, foreign currency exchange, and foreign drafts as part of its international money transfer services.
In terms of customer satisfaction with US Bank's exchange rates for international money transfers, the reviews are mixed. Some customers have expressed dissatisfaction with the exchange rates, describing them as less favorable than rates offered by other providers. It is important for customers of any bank to compare rates and fees to ensure that they are getting the best value for their money.
We aim to make that easy here at BestExchangeRates. From our research, we find that sending or receiving international transfers to or from your US Bank account will include a margin rate of between 4% to 8% – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).
The US Bank app and website allow you to check the FX rate prior to scheduling an international wire. So you can check the rate and compare to the best rates from our BER partner brokers to check for a better deal.
The U.S. Bank USD to SGD exchange rate is 1.1867. This is -6.8% compared to the latest USD-SGD mid-market rate 1.2738.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Singapore dollar (SGD) rates from different sources before making a conversion.
The above U.S. Bank - Dollar to Singapore dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by U.S. Bank and other foreign exchange providers against the latest USD-SGD mid-rate and the possible savings of using various providers.
Looking at the full USD to SGD - Send Money comparison table the provider with the best USD to SGD exchange rate is OFX at 1.2674, -0.5% from the latest mid-market rate 1.2738.
The next best is XE at 1.2661, -0.6% from the mid-rate.
Then Wise at 1.2655, which is -0.65% from the mid-rate.
The Western Union rate is 1.261 which is -1% from the mid-rate.
Among the banks the Chase Bank rate is 1.1803 at -7.3% the Wells Fargo Bank rate is 1.1727 at -7.9% and the Citibank rate is 1.2313 at -3.3% compared to the mid-rate 1.2738.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like U.S. Bank 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.
View a full list of exchange rates by selecting your Base (from) currency:
