How to find a licensed money changer in Singapore: Procedure, How to Apply, Fee

A strong currency exchange system, including banks and money changers, is one sign of a strong currency. The many money changers operating on the island make it easy for visitors and tourists to convert their home currencies into Singaporean currency. Everything you need to know will be covered in this post in case you need to deal with a money changer in Singapore.

To view, the authorized money changer click here.

Top Currency Exchange Centres in Singapore

1. The Arcade

The Arcade is located in Raffles Place, which is regarded as Singapore’s financial district. As a result, the area boasts numerous excellent money exchangers that offer reasonable exchange rates for a variety of currencies. You can be sure that these transactions will be trustworthy because they are taking place in one of the city’s most affluent neighborhoods. The Arcade at Raffles Place has the best exchange rates for New Taiwan Dollar, Malaysian Ringgit, Japanese Yen, British Pound Sterling, US Dollar, Euro, and Thai Baht.

Customer Care Phone: +65 6221 2080


2. Lucky Plaza 

On Orchard Road, commonly known as Singapore’s shopping district, are the money changers in Lucky Plaza. Lucky Plaza, which has more than 15 money changers and is ideal for travelers traveling to Thailand, the Philippines, or Malaysia, offers consumers the chance to haggle for the cheapest rates. Please feel free to interact with the employees as there aren’t many electronic boards that show currency rates in this area.

Customer Care Phone: (65) 6970 7576


3. Mustafa Centre

Singapore’s Mustafa Centre is home to a sizable number of money exchangers. One of them consists of the Mustafa Foreign Exchange, a money exchanger open every day of the week, twenty-four hours a day. Whether you need to exchange Chinese Yuan, Philippine Peso, Hong Kong Dollar, Malaysian Ringgit, Indonesian Rupee, or Indian Rupee, Mustafa Centre is a good choice. Traveler’s checks are not accepted by the money changers at the Mustafa Center.

Customer Care Phone: +65-62955855


4. Toa Payoh Hub

Many salons, convenience stores, flea markets, and clothing stores are conveniently positioned near to the exchange centers in this well-known local shopping district. The alleys are lined with attractive shophouses from the nineteenth century, making shopping here a sightseeing excursion in and of itself. There are also excellent exchange rates for Asian currencies.

5. Dollar Exchange PTE LTD

Examining the pricing and customer service practices of a money changer is one of the greatest methods to determine whether you are working with a reputable business. For more than 20 years, the money changer has provided services to both Singaporeans and visitors. In addition to its currency exchange business, it also offers excellent remittance services with reasonable rates that allow both locals and foreigners to transfer money home or abroad.

Customer Care Phone: +65-6438 4300


List of other money changer in Singapore and their locations

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