Exchange Rate

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iloveapples

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Letting go of my excess NTD for SGD. All NTD in notes.

6 x NTD1000
1 x NTD500
6 x NTD600
-----------------------------
Total NTD7100

Asking for SGD$298 (Exchange rate @ SGD1 : NTD23.825)

Meet-up to be arranged at Woodlands or Kallang MRT.
I want a hassle-free deal so its a first-come-first serve and prefer to exchange with people who do not nego the price and location.

Interested parties pls PM me.
Thank you.
_________________________________________________________

Updates: Reserved as of now, dealing on Saturday. Will notify again if deal fall through.
 
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forever-eating

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You should have clarified there with them.
Oh well, the last day to change will be tomorrow before new set of rules kick in. So shall see how it goes.

So zzz, the sg charge they ask me to call sg myself to check but my phone card can't call international, the charges they told me don't have, turns out they're new staff so they are not sure LOL
 

hiakhiak

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Hmm I just asked DBS staff and they said there are no charges incurred if you withdraw from DBS Taiwan, only when you withdraw from other banks.

Please note that there is no ATM withdrawal fee on our end if you were to withdraw at a DBS Taiwan ATM. However, a charge of S$5 will be levied per cash withdrawal on other overseas VISA/PLUS ATM machines.

The overseas bank may impose their own handling charges for performing cash withdrawals.
 

slashiroth

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The surcharge at dbs taiwan will be 1% or 100ntd,whichever amount that is higher. So if your total exchanged amount of 1% is lesser then 100ntd, they will still charge the higher surcharge of 100ntd.
 

dreamyboy

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The surcharge at dbs taiwan will be 1% or 100ntd,whichever amount that is higher. So if your total exchanged amount of 1% is lesser then 100ntd, they will still charge the higher surcharge of 100ntd.

That makes the rate unfavorable to change there.
 

calkel20

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The surcharge at dbs taiwan will be 1% or 100ntd,whichever amount that is higher. So if your total exchanged amount of 1% is lesser then 100ntd, they will still charge the higher surcharge of 100ntd.

Great info!
Thank you!
 

smurfz

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So means that the 1% surcharge has already started ? Any bro here has change in Taiwan DBS and been charge the 1%?
 

slashiroth

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It has started. Its pretty unfavorable to change there now.
I changed like $200sgd. 1% of it is like $2. Which is about 47ntd. So i have to pay the higher transaction fee which was 100ntd.
From the info i was given, if you change like $5000 sgd. You might end up paying $50 sgd transaction fee.
Maybe some other bros can verify when they pay a visit to dbs tw again.
 

hiakhiak

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Sighhhhhh I'll change here before flying then, since I'm changing quite a bit

mbj5XUh.png


From: http://www.dbs.com.tw/iwov-resource..._personal finance/02_deposits/service fee.pdf
 
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hiakhiak

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Withdrawal from ATM is free. Not sure if I understood correctly about conversion though... They convert to USD first before converting to NTD is it?

GZYW6oS.jpg


Just changed at arcade at 23.6
 

chengyu

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Withdrawal from ATM is free. Not sure if I understood correctly about conversion though... They convert to USD first before converting to NTD is it?

GZYW6oS.jpg


Just changed at arcade at 23.6

Withdrew from non-DBS atm in taiwan before. Exchange rate is about 0.4-0.5 lower than Singapore money changer.
 
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