Results 1 to 3 of 3

Thread: Thread for exchange rate from bank?

  1. #1
    Senior Member
    Join Date
    Nov 2004
    Location
    BB West
    Posts
    2,184

    Default Thread for exchange rate from bank?

    I got something from ebay, the exchange rate which I calculated from the ebay is 1.68. But the bank charged me at 1.71.

    Below is the rate. Feel free to update on any currency and bank.

    DBS Bank (Dec 2005) Rate for USD1 = SGD1.71.
    Only Sony device mostly, haha!

  2. #2
    Senior Member
    Join Date
    Feb 2003
    Location
    Outside the Dry Box.
    Posts
    16,268

    Default Re: Thread for exchange rate from bank?

    fren wrong forum lah... u should go to those MAS site... hehehe...

    anyway, the simplest method is to do markup, u never know the hidden cost lor... i normally calculate base on 1.8, cos sometimes GST, fuel surcharge etc... still can cover abit...
    Logging Off. "You have 2,631 messages stored, of a total 400 allowed." don't PM me.

  3. #3
    Senior Member sammy888's Avatar
    Join Date
    Sep 2004
    Location
    Singapore, Singapore, Singapor
    Posts
    1,568

    Default Re: Thread for exchange rate from bank?

    Quote Originally Posted by BBTM
    I got something from ebay, the exchange rate which I calculated from the ebay is 1.68. But the bank charged me at 1.71.

    Below is the rate. Feel free to update on any currency and bank.

    DBS Bank (Dec 2005) Rate for USD1 = SGD1.71.

    And the reason being?????......


    In your case where you bought something and you found the bank charges you 1.7 is because your bank need to earn something wat heheh. If not what you intend to do? tell them to charge you cheap as you found out someother firm charges less? If you are using DBS credit card to charge..you are stuck with their rate. Unless you have another credit card from another bank to use for your ebay purchase.

    And what's the use of getting everyone to update this thread with new exchange rate. Everyday or even half day, rates can change in real time. Plus what if I want Euro or Yen or Yuan or Malaysia? hehe... and it might not be to change to singapore currency..eg.

    Like Del_CtrlnoAlt mentioned. Best to go to a MAS forum heheh.....
    Last edited by sammy888; 19th December 2005 at 01:56 PM.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •