Maybank SGD to GBP Transfers Compared

   

GBP to SGD shows potential for stability and slight appreciation, currently at 1.7355. Analysts cite rising UK producer prices and stronger business activity as key drivers, while inflation remains a concern. Traders should monitor central bank moves for future shifts

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What is the Maybank Send Money conversion rate for SGD to GBP?

The Maybank SGD to GBP exchange rate is 0.5568. This is -3.5% compared to the latest SGD-GBP mid-market rate 0.5770.

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 British pound (GBP) rates from different sources before making a conversion.

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

How do Maybank SGD-GBP rates compare between providers?

The next best is XE at 0.5736, -0.59% from the mid-rate.

Then Wise at 0.5736, which is -0.59% from the mid-rate.

Among the banks the CIMB Bank rate is 0.5565 at -3.6% the OCBC Bank rate is 0.5614 at -2.7% and the Maybank rate is 0.5568 at -3.5% compared to the mid-rate 0.5770.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Maybank 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.