Yep Wd40, decided to put that down as a downpayment and get a large house with a garden et al in London Even though it will be bit father than the Zone 1 life I am used to atleast it should give me a good place to live in.Wd40 wrote:That is a lot of money to move in one shot. Sold your condo izzit? If you are coming to Singapore, you should go to the bank and speak to a relationship manager and get a quote. DBS does this and you will get a better rate, if the amount is huge. Some people on this forum have suggested online FX brokers. May be worth trying. Look for those threads.
I think the Sterling is on a stronger footing than the Sing Dollar. Although I dont expect much of relative movement between the two in the short term.FaeLLe wrote: Appreciate any other advise people can give including possible predictions on SGD appreciation or depreciation trends in near future as compared to GBP.
Even though it is Singapore I would not feel comfortable walking around with almost half a million $ in cash!Girl_Next_Door wrote:Some money changers can provide currency conversion plus remittance services. Money changers generally get better rates than banks. You might want to try them.
If you are remitting the funds to your London Citi account, make sure you retain your withdrawal slips and instructions to money changers. The bank will definitely ask for it later.
With some money changers, you can wire the money to their Singapore account and they will wire the money to your UK account. You just need to agree on the rates before you send the money to them.FaeLLe wrote:Even though it is Singapore I would not feel comfortable walking around with almost half a million $ in cash!Girl_Next_Door wrote:Some money changers can provide currency conversion plus remittance services. Money changers generally get better rates than banks. You might want to try them.
If you are remitting the funds to your London Citi account, make sure you retain your withdrawal slips and instructions to money changers. The bank will definitely ask for it later.
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