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Understanding the Table:
The comparison table above helps you see the total cost of your XE 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’.
XE Money Transfer is a reputable and well-established international money transfer provider with a long history of providing reliable and secure services to its customers. Here are some key factors that contribute to XE Money Transfer's overall quality:
1. Competitive exchange rates: XE offers competitive exchange rates for its international money transfers, which can help you save money when sending funds overseas.
2. No fees: XE does not charge any extra fixed fees for its international money transfer services, which means you can send money without having to worry about additional charges.
3. Security: XE uses advanced encryption and security measures to protect its customers' personal and financial information, ensuring that your transactions are safe and secure.
4. Fast transfers: XE offers fast international money transfers, transfers can be booked online or over the phone and most are processed within a single working day.
5. Customer service: XE has a dedicated customer service team that is available to answer any questions or concerns you may have about your money transfer.
XE has partnered with BestExchangeRates to offer you better deals, read our full list of active XE & BestExchangeRates Deals & Promotions.
For your security, XE have limits on how much you can send in a single transfer online.
The maximum amount you can send online may also depend on a few factors, such as the countries involved in the transfer, the type of payment method you use, and your personal circumstances, such as your residency and employment status.
| Your region | Online transfer limit |
| UK & Europe 🇬🇧🇪🇺 | GBP 350,000 |
| United States 🇺🇸 | USD 535,000 |
| Canada 🇨🇦 | CAD 535,000 |
| Australia & New Zealand 🇦🇺🇳🇿 | AUD/NZD 750,000 |
Xe has a dedicated team ready to help you with large transfers. Since if you’re sending large amounts of money, you may need some extra assistance.
If you send more than $50,000 USD a year (or local currency equivalent) you are eligible for this service.
Here are just a few things the team can help you with:
You can read what our BER users think about their experience with XE Money Transfers in the article XE User Reviews. Please also share your own questions and insights that can help guide and inspire others in our community.
For more details on XE exchange rates, service and what their users think read our guide XE Foreign Transfers Reviewed.
The XE SGD to MYR exchange rate is 3.283. This is -0.6% compared to the latest SGD-MYR mid-market rate 3.3028.
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 Malaysian ringgit (MYR) rates from different sources before making a conversion.
The above XE - Singapore dollar to Ringgit comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by XE and other foreign exchange providers against the latest SGD-MYR mid-rate and the possible savings of using various providers.
Looking at the full comparison table the best SGD to MYR exchange rate is 3.2863 from OFX, -0.5% from the mid-market rate 3.3028. The next best rate is 3.283 from XE, -0.6% from the mid-rate. Then Wise with 3.283 is -0.6% from the mid-rate.
Among the banks the CIMB Bank rate is 3.1246 at -5.4% the OCBC Bank rate is 3.2136 at -2.7% and the Maybank rate is 3.1872 at -3.5% compared to the mid-rate 3.3028.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers 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 like XE or platforms that offer rates closer to the mid-market rate.
The exchange rate forecasts for the SGD to USD have been significantly influenced by recent geopolitical developments, particularly the imposition of a 10% tariff...
The USD to MYR exchange rate shows a complex interplay of factors affecting both currencies.
View a full list of exchange rates by selecting your Base (from) currency:
