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Data collected on: Nov 12, 2015
SGD | USD
Bank Average
Fee
8.336.41
Exchange Rate Margin (%)
1.311.31
Total Cost Percent (%)
4.524.52
Total Cost (SGD) Total Cost (USD)
11.759.04
Total Average Fourth Quarter 2015
5.055.05
Total Average Third Quarter 2015
5.735.73
Money Transfer Operator Average
Fee
10.077.75
Exchange Rate Margin (%)
1.291.29
Total Cost Percent (%)
5.165.16
Total Cost (SGD) Total Cost (USD)
13.4210.33
Total Average
Fee
9.767.51
Exchange Rate Margin (%)
1.291.29
Total Cost Percent (%)
5.055.05
Total Cost (SGD) Total Cost (USD)
13.1310.10
Total Average in Third Quarter 2015
Fee
9.767.51
Exchange Rate Margin (%)
1.971.97
Total Cost Percent (%)
5.735.73
Total Cost (SGD) Total Cost (USD)
14.8911.45
Total Average Fourth Quarter 2015
5.055.05
Total Average Third Quarter 2015
5.735.73
Non-Transparent records
Account Account to account Account to account (other bank) Account to account (same bank) Cash to cash Cash to account Cash to account (other bank)
Nationwide
Less than one hour Same day Next day 2 days
Bank Average
Fee
8.336.46
Exchange Rate Margin (%)
1.311.31
Total Cost Percent (%)
2.602.60
Total Cost (SGD) Total Cost (USD)
16.7913.02
Total Average Fourth Quarter 2015
2.822.82
Total Average Third Quarter 2015
3.503.50
Money Transfer Operator Average
Fee
10.217.92
Exchange Rate Margin (%)
1.291.29
Total Cost Percent (%)
2.872.87
Total Cost (SGD) Total Cost (USD)
18.5214.36
Total Average
Fee
9.887.66
Exchange Rate Margin (%)
1.291.29
Total Cost Percent (%)
2.822.82
Total Cost (SGD) Total Cost (USD)
18.2214.12
Total Average in Third Quarter 2015
Fee
9.887.66
Exchange Rate Margin (%)
1.971.97
Total Cost Percent (%)
3.503.50
Total Cost (SGD) Total Cost (USD)
22.6117.52
Total Average Fourth Quarter 2015
2.822.82
Total Average Third Quarter 2015
3.503.50
Non-Transparent records
Account Account to account Account to account (other bank) Account to account (same bank) Cash to cash Cash to account Cash to account (other bank)
Nationwide
Less than one hour Same day Next day 2 days