What is the
United Overseas Bank Send Money conversion rate for SGD to SAR?
The United Overseas Bank SGD to SAR exchange rate is 2.8061. This is -3.5% compared to the latest SGD-SAR mid-market rate 2.9079.
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 Saudi riyal (SAR) rates from different sources before making a conversion.
The above
United Overseas Bank - Singapore dollar to Riyal comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
United Overseas Bank and other foreign exchange providers against the latest SGD-SAR mid-rate and the possible savings of using various providers.
How do United Overseas Bank SGD-SAR rates compare between providers?
Looking at the full
SGD to SAR - Send Money comparison table the provider with the best SGD to SAR exchange rate is Wise at 2.8905, -0.6% from the latest mid-market rate 2.9079.
The next best is WorldRemit at 2.8788, -1% from the mid-rate.
Then OFX at 2.8026, which is -3.6% from the mid-rate.
Among the banks the CIMB Bank rate is 2.7473 at -5.5% the OCBC Bank rate is 2.8294 at -2.7% and the Maybank rate is 2.8061 at -3.5% compared to the mid-rate 2.9079.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like United Overseas 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.
Compare SGD to SAR Transfer Rates