Maybank SGD to GBP - Transfers Compared

   

The SGD to GBP exchange rate is currently at 0.5821, down 1.4% from its 3-month average. FX analysts cite geopolitical tensions and mixed economic data as pressures on the SGD, while a lack of UK data keeps the GBP vulnerable. Expect potential fluctuations ahead. 10-Mar

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What is the Maybank Send Money conversion rate for SGD to GBP?

The Maybank SGD to GBP exchange rate is 0.5549. This is -3.5% compared to the latest SGD-GBP mid-market rate 0.5751.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Singapore dollar (SGD) to British pound (GBP) rates from different sources before making a conversion.

The above Maybank - Singapore dollar to Sterling comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Maybank and other foreign exchange providers against the latest SGD-GBP mid-rate and the possible savings of using various providers. 

How do Maybank SGD-GBP rates compare between providers?

Looking at the full SGD to GBP - Send Money comparison table the provider with the best SGD to GBP exchange rate is OFX at 0.5722, -0.5% from the latest mid-market rate 0.5751.

The next best is XE at 0.5716, -0.61% from the mid-rate.

Then Wise at 0.5716, which is -0.61% from the mid-rate.

Among the banks the CIMB Bank rate is 0.5547 at -3.5% the OCBC Bank rate is 0.5595 at -2.7% and the Maybank rate is 0.5549 at -3.5% compared to the mid-rate 0.5751.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Maybank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.