Zack

16 Nov 2020

∙

How can I save on service fee and charges when transferring SGD 100-500 on a monthly basis to a bank in Mauritius into USD from POSB?

I always incur total service charge of SGD 40 per transaction.

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Kok Hong

16 Nov 2020

Use remittance services like transferwise instarem revolut for cheaper rates

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I am currently outstation in Thailand, i will monthly transfer $2k cash from baht to sg dollars to Singapore to service my HDB loan?is there any ways i can save on the remittance fees or bank charges by using other options? Thanks.?

I'm a self-employed & will receive my fees in USD. Should I open an USD accounts or receive the fees in my SGD accounts? Any recommended opt that can save in exchange rate and bank charges?

If I transfer USD monthly to a Mauritius Bank Account, will using TransferWise be a better option than traditional bank transfer?

I'm a student & working part time. I try to save 20% of pay each month. Is scb jumpstart a good account to credit my salary and for savings? Is it easy to transfer to other bank accounts such as POSB?

SAXO is charging me 0.75% fee on every transfer i make from my Singapore bank account to SAXO USD account. Has anyone found a way to avoid these fees on SAXO?