Exchange Rate

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last update on arcarde rate was 23.345

as megabank rate shown on cash/bank buy rate is 23.15
and they charge a small fee for exchange am i right?

so for those going for more won't be changing at arcade be better?
 

calkel20

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last update on arcarde rate was 23.345

as megabank rate shown on cash/bank buy rate is 23.15
and they charge a small fee for exchange am i right?

so for those going for more won't be changing at arcade be better?

Arcade now better.
So if time suits you, get to arcade.
 

yeokheelin

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last update on arcarde rate was 23.345

as megabank rate shown on cash/bank buy rate is 23.15
and they charge a small fee for exchange am i right?

so for those going for more won't be changing at arcade be better?

Change at Megabank 23.161 2 days ago. It's lower than arcade
 

jacques.jiean

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Changed at Bank of Taiwan at Airport this morning 23.14 :( I assumed it will be ard the same rate as DBS Taiwan 23.46. my bad.
 
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22.28 at DBS after commission charges.
But no banks will be opened today.

for dbs commission how much do they charge? is it 30ntd? or something like 10% of the amount you change or something.

because previously i went i don't remember there is any fee
 
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calkel20

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Dbs after commission charges will still beat local Taiwan banks.
Been there , done that.
 
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To clear your doubts, add in this sentence. Whichever is higher, it will be charged.

Still dont get it.

Example lets say i would to change 10k sgd at dbs at their current rate of 23.413

That will be 234,140 ntd and if taiwan dbs charge 1% wouldnt the fee be $100 sgd? So ex?
 

calkel20

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Still dont get it.

Example lets say i would to change 10k sgd at dbs at their current rate of 23.413

That will be 234,140 ntd and if taiwan dbs charge 1% wouldnt the fee be $100 sgd? So ex?

Yes, it will be that amount.
It may sound ex, but then it beats the exchange rate of Megabank and Bank of Taiwan.

So which one will you prefer to change with if DBS ultimately gives you a better rate?
 
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Yes, it will be that amount.
It may sound ex, but then it beats the exchange rate of Megabank and Bank of Taiwan.

So which one will you prefer to change with if DBS ultimately gives you a better rate?

dbs now rate is 23.40++ after the 1% fee its around 23.20++?

arcarde is around 23.30++ so overall still arcarde better?
 
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