Singapore Expats

Banking issues

Discuss the different banking options, rates, offers and perks.
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yosithezet
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Post by yosithezet » Sat, 18 Jun 2011 12:30 am

I've got Citi credit cards in the US. Any advantage to transferring money to pay them each month from a Citi SG account versus any others?

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Mad Scientist
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Post by Mad Scientist » Sat, 18 Jun 2011 5:13 am

durain wrote:you forgot about using money broker. their cut are usually lower and rates better. have a look at www.hifx.co.uk or www.ukforex.com.

another option is open a halifax clarity credit card or santander zero account or metro bank debit card. they all are load free and commission free for cash wthdraw at ATM at interbank foreign exchange rate.

p/s make sure you read the T&C. i think some of them you have to pay the interest on cash withdraw.
^^^^ + 1

Precisely much cheaper compare to CITIBANK.
@ Faelle > Citibank conversion is always about 200 pip above/ below spot. Yes T/T charges is free but you forgot about withdrawing in GBP is SG will be 1% chargeable.
If you go direct with any money broker or Union Transfer or its equivalent.
Never never withdraw foreign currency from Citibank.
I do not know about HSBC
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

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