Singapore Travel Guide
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CURRENCY
& BANKING IN SINGAPORE
Singapore's units of currency used
today are divided into 1c, 5c, 10c, 20c, 50c, and S$1 coins,
while notes come in denominations of S$2, S$5, S$10, S$50,
S$100, S$500 and S$1000; Singapore also has S$10,000 note, but
is hardly seen.
Exchange
Rates
Please check Singapore's
weekly-updated exchange rates at:
http://app.internet.gov.sg/scripts/customs/exrate/exrate_showall.asp
Exchanging
Money
Most major banks in Singapore can
be found in the CDB, but some are on Orchard Road, and local
banks all around the city. Exchanging money in some banks will
be plus a service charge on each exchange transaction at about
S$2 or S$3, but is best to ask first for your own advantage just
in case it's more than that.
Banks in Singapore open from
09.30 - 15.00 on weekdays and from 09.30 - 11.30 on Saturday.
Cash
Cash plays an important role here
as buying small things from street vendors or foods in food
courts are insisted on cash payment.
Traveller
Cheques
Traveller cheques might be
important when the ATM is out of order. Traveller cheques are
sold at post offices in Singapore.
ATM
Visa, MasterCard and other cards
connected to the Plus or Circus networks are accepted in
Singapore. ATMs are around Singapore, especially in huge
shopping centers, MTR station, and other places along the
streets.
Credit Cards
Almost every major credit card is
accepted in Singapore. To use it in Singapore, you have to watch
out as if the shops insist on adding a credit card surcharge or
not as the tourism authorities are very concerned about this
issue. If that happens, please contact the relevant credit
company in Singapore.
- American Express: 299-8133
- Diners Card: 294-4222
- JCB: 734-0096
- MasterCard & Visa:
1-800-345-1345
This article is authored and
copyrighted by
Royal Exclusive Travel |