Alankar International Pte Ltd Money Changer
Address: 44 Pagoda Street, Singapore 059203
| Business Hours | |
| Monday-Sunday | 10:00 AM - 8:00 PM |
Conveniently located in Pagoda Street, Alankar International Pte Ltd Money Changer has built a reputation for trustworthiness and excellent service. With years of experience in the industry, they ensure a smooth and hassle-free currency exchange experience for their clients.
Alankar money changer
Dollar and More Money Changer
Address: Trengganu St, 20, Singapore 058479
| Business Hours | |
| Monday-Sunday | 9:00 AM - 11:00 PM |
Dollar and More combines budget shopping with money exchange services, catering to tourists seeking convenience and value. Offering souvenirs from just 1 Singapore dollar and competitive currency exchange rates, it allows visitors to manage shopping and financial needs in one location. This dual-purpose store appeals to international visitors looking to maximise their budget and time while traveling.
Dollar and More
Crante Money Changer
Address: #01-28 People’s Park Complex 1 Park Road| Business Hours | |
| Monday-Sunday | 9:00 AM - 9:00 PM |
Crante Money Changer, image credit: facebook.com/p/Crante-Money-Changer
Golden Dragon Money Changer
Address: 101 Upper Cross Street, #01-43 People’s Park Centre, Singapore 058357 Business Hours: Please call +65 6536 5298 to inquire about their updated business hours The Golden Dragon Money Changer, also located at the People’s Park Centre, offers tourists another great option to exchange their currencies at a good rate. With over 25 years in the business, the Golden Dragon Money Changer makes it easy for tourists and locals to get the most out of their money change.
Golden Dragon Money Changer, image credit: cashchanger.co
Anisha and Riyas Store
Address: 101 Upper Cross Street, #01-35, People's Park Centre, Singapore 058357| Business Hours | |
|---|---|
| Monday - Thursday | 11:30 AM – 8:00 PM |
| Friday | 11:30 AM – 1:00 PM, 2:00 – 8:00 PM |
| Saturday | 11:30 AM – 8:00 PM |
| Sunday | Closed |
Anisha and Riyas Store, image credit: cashchanger.co
Perfect 1 Exchange
Address: Tanjong Pagar Plz, #02-02, Singapore 081005| Business Hours | |
| Monday-Friday | 11 AM - 7 PM |
| Saturday - Sunday | Closed |
Perfect 1 Exchange, image credit: service.nestia.com
Right Angel Exchange
Address: #01-50, 101 Upper Cross St, Singapore 058357 Business Hours: Please call +65 6532 3026 to inquire about their updated business hours Right Angel Exchange, located along Upper Cross Street, offer locals and tourists another currency exchange option with great rates and reliable customer service. Those exploring sites, eateries, and shopping centres in the area won’t have to go too far to make their money change. From its easy access, great rates and customer service, you are sure to get the most out of your money change.
Right Angel Exchange, image credit: service.nestia.com
Frequently asked questions
1. Exchange Rates
How do I find the best exchange rates in Chinatown?
To find the best exchange rates, compare the rates offered by different money changers in the area. You can also check online for updated information on the current rate.
Are the exchange rates fixed or negotiable?
Exchange rates are usually fixed and determined by market forces. However, some money changers may offer slightly better rates for larger transactions. It never hurts to ask if there's any room for negotiation, especially when the amount is in the thousands.
Which column should I look at when exchanging money - Buy or Sell?
To determine whether to focus on the "Buy" or "Sell" column, ask yourself if you are buying a foreign currency using the Singapore Dollar (SGD) or selling the foreign currency you have for SGD.
If I want to exchange my SGD for USD, which column should I check?
In this scenario, you are "buying" the USD with SGD. You are the buyer, and the money changer is the seller. So, you should look at the "We Sell" column.
2. Fees
Are there any fees or commissions charged by money changers?
No. Usually, there aren't any additional charges by money changers in Singapore.
3. Post Transaction
What do I do after making an exchange?
Usually, you'd be given a receipt for your transaction. Request one if you're not given one. The receipt serves as proof of the exchange and can be helpful in case of any discrepancies or disputes. If you have lots of notes to carry, request a money envelope.
Although Singapore is fairly safe, be wary of your surrounding for pickpockets when leaving the premise.
What information should the receipt include?
The receipt should include the date, time, location, amount exchanged, exchange rate, and any fees or charges applied.
4. Calculation and Counting
How can I ensure the money changer's calculations are accurate?
Double-check the calculations made by the money changer before confirming the transaction. You can also use a currency conversion app on your smartphone to verify the amount.
Should I count the cash I receive from the money changer?
Always count the cash you receive before leaving the counter to ensure you receive the correct amount.
5. Language
What if I encounter language barriers at the money changer?
Almost all of the money changers in Singapore speak English. If the money changer's staff doesn't speak your language, you can use translation apps or ask someone nearby to help with translation to avoid misunderstandings.
Are there any money changers in Chinatown with multilingual staff?
Many money changers in Chinatown cater to international tourists and may have multilingual staff. Check online reviews or ask locals for recommendations to find a money changer that can assist you in your preferred language.
6. Local Regulation
What are the local regulations regarding currency exchange in Singapore?
When exchanging currency in Singapore, you may be required to provide identification documents, such as a passport or national ID card, if you're exchanging SGD 5,000 or more.
There might also be limits on the amount you can exchange per transaction. Make sure to familiarise yourself with these regulations before visiting a money changer.
How can I ensure a money changer operates legally and adheres to local regulations?
Choose reputable money changers with good reviews and recommendations, as they are more likely to adhere to local regulations. Additionally, check if the money changer is registered with the Monetary Authority of Singapore (MAS) to confirm its legitimacy.
Conclusion
Our guide to money changers in Chinatown aims to provide you with valuable insights and practical information to make your currency exchange experience as smooth and hassle-free as possible. By keeping our recommendations and tips in mind, you can confidently navigate the vibrant streets of Chinatown, knowing you've got the best deal for your money.
Remember, a well-planned visit to this culturally rich neighbourhood enhances your experience and contributes to local businesses prosperity. So, armed with the knowledge from our guide, go forth and explore Chinatown's captivating sights, sounds, and flavours. Happy exploring, and may your journey be filled with unforgettable memories!
