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Understanding the Table:
The comparison table above helps you see the total cost of your DBS 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’.
The table below shows DBS Bank Singapore dollar (SGD) Buy Cash exchange rates with the percentage of margin being charged from the current market mid-rate :
| Currency route | Mid market rate | DBS Bank Buy Cash Rate | Cost% |
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DBS Bank has received numerous awards and accolades over the years for its banking and financial services, including being named "World's Best Bank" by Euromoney and "Asia's Best Bank" by The Banker. The bank is recognized for its commitment to innovation, sustainability, and social responsibility, as well as its focus on providing a seamless and personalized customer experience.
DBS Remit is an online money transfer service offered by DBS Bank that allows customers to send money from their DBS or POSB account to another bank account overseas. The service is available in multiple currencies and allows for same-day or next-day transfers, making it a convenient and fast option for sending money internationally.
DBS Remit offers competitive exchange rates and low fees, making it an affordable option for sending money overseas. Customers can also benefit from preferential exchange rates for selected currencies, which can help them save money on their international money transfers.
DBS Remit is available in a range of countries and regions, including Southeast Asia, China, Hong Kong, Taiwan, India, Australia, New Zealand, Europe, the United Kingdom, and the United States. The service allows customers to send money to over 40 countries and regions worldwide, including the Philippines, Indonesia, Malaysia, Thailand, Vietnam, China, Hong Kong, Taiwan, India, the United States, and the United Kingdom.
To use DBS Remit, customers need to have a DBS or POSB account and access to DBS's online banking platform or mobile app. Customers can initiate the transfer online and track the status of their transfer through the platform. DBS Bank also provides customer support to assist customers with any questions or concerns related to their DBS Remit transactions.
Overall, DBS Remit is a reliable and convenient option for sending money internationally, with competitive exchange rates and low fees. As it operates in multiple countries and regions, it provides a flexible and accessible solution for customers looking to send money overseas.
How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
For travelers planning a week-long mid-range stay in Thailand, a budget of around 20,000 to 30,000 Thai Baht (THB) should suffice for a comfortable experience. This estimate considers accommodations, meals, activities, and transportation, but personal spending habits can vary. Here’s a breakdown of typical daily expenses in the local currency to give you a clearer picture:
Overall, Thailand is considered a budget-friendly destination compared to countries like the United States and the UK, where daily expenses can be nearly two to three times higher. While a meal at a casual dining spot in the U.S. could set you back around $20–30 (or around 600–900 THB), Thailand offers great value without sacrificing quality and enjoyment.
For expats, living costs can range from 30,000 to 50,000 THB per month, depending on lifestyle choices and location. Here’s a rough breakdown of common monthly expenses:
When it comes to banking and spending, using a local bank card is convenient, but it’s worth checking for foreign transaction fees. For larger transfers, services like Wise or OFX often provide better exchange rates and lower fees than traditional banks. As for exchanging currency, locals generally recommend withdrawing cash from ATMs or using money exchange services in-country rather than pre-exchanging money or using airport exchanges, as this can yield more favorable rates. Always stay informed about current exchange rates for the best financial planning in your expat journey!
View a full list of exchange rates by selecting your Base (from) currency:
