OCBC Bank SGD to CAD Transfers Compared

   

CAD has been under pressure, trading at a 7-day low of 0.9326 SGD as falling oil prices weigh heavily on the economy. Analysts suggest ongoing labor data and oil trends will be key to watch for CAD's stability in the coming weeks. SGD faces uncertainty despite recent GDP growth

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What is the OCBC Bank Send Money conversion rate for SGD to CAD?

The OCBC Bank SGD to CAD exchange rate is 1.0472. This is -2.7% compared to the latest SGD-CAD mid-market rate 1.0763.

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 Canadian dollar (CAD) rates from different sources before making a conversion.

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

How do OCBC Bank SGD-CAD rates compare between providers?

The next best is XE at 1.0698, -0.6% from the mid-rate.

Then Wise at 1.0698, which is -0.6% from the mid-rate.

Among the banks the CIMB Bank rate is 1.0312 at -4.2% the OCBC Bank rate is 1.0472 at -2.7% and the Maybank rate is 1.0386 at -3.5% compared to the mid-rate 1.0763.

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