Top Spots In Singapore To Exchange Travellers Cheques

Singapore is a vibrant city-state known for its modern architecture, diverse culture, and culinary delights. As a top travel destination, it attracts millions of tourists each year who are keen to explore its stunning attractions. For travelers who prefer to carry cash, exchanging their currency into Singaporean dollars is essential. In this guide, we will take you on a journey to discover the top spots in Singapore to exchange travelers' checks, ensuring you have a smooth and hassle-free experience during your visit to this beautiful city.

Banks that Accept Travelers Cheques in Singapore

If you're traveling to Singapore and planning to bring travelers cheques, you'll be pleased to know that there are several banks in Singapore that accept them. Travelers cheques are a popular option for many tourists as they offer a safe and convenient way to carry money while traveling.

Here are some of the banks in Singapore that accept travelers cheques:

DBS Bank:

DBS Bank, one of the largest banks in Singapore, accepts travelers cheques from major brands such as American Express and Visa. You can visit any DBS Bank branch and present your travelers cheques for exchange. You will need to present your passport for verification, and the bank will usually charge a small fee for the service.

Citibank:

Citibank is another major bank in Singapore that accepts travelers cheques. You can exchange your travelers cheques at any Citibank branch in Singapore. Similar to DBS Bank, you will need to present your passport and may be required to pay a service fee.

United Overseas Bank (UOB):

UOB is one of the leading banks in Singapore and also accepts travelers cheques. You can visit any UOB branch and present your travelers cheques for exchange. As with other banks, you will need to provide your passport for identification purposes and may be charged a service fee.

Standard Chartered Bank:

Standard Chartered Bank is another option for exchanging travelers cheques in Singapore. You can visit any Standard Chartered branch and present your travelers cheques for exchange. Again, you will need to provide your passport and may be charged a fee for the service.

HSBC:

HSBC, a global bank with a presence in Singapore, also accepts travelers cheques. You can visit any HSBC branch and present your travelers cheques for exchange. Remember to bring your passport and be prepared to pay a service fee.

It's important to note that not all branches of these banks may offer travelers cheque exchange services, so it's a good idea to check with the branch beforehand. Additionally, it's a good idea to bring your travelers cheques in major currencies such as US dollars or Euros, as these are more widely accepted and may have lower fees for exchange.

In conclusion, if you're planning to bring travelers cheques to Singapore, there are several banks that accept them. DBS Bank, Citibank, UOB, Standard Chartered Bank, and HSBC are some of the major banks in Singapore that offer this service. Remember to bring your passport and be prepared to pay a service fee. Enjoy your trip to Singapore!

Money Changers in Singapore that Exchange Travelers Cheques

If you are looking to exchange your travelers' cheques in Singapore, you'll be pleased to know that there are several money changers in the city that offer this service. Here is a list of some reliable money changers where you can change your travelers' cheques in Singapore:

• Raffles Money Change: Located at Raffles Place, this money changer is a popular choice for travelers. They offer competitive rates and provide prompt service. You can find them at 11 Collyer Quay #02-03, The Arcade, Singapore 049317.
• Arcade Plaza Traders: Situated in the heart of the city, Arcade Plaza Traders is another trusty money changer that accepts travelers' cheques. They have been in the business for years and are known for their efficient service. You can find them at 11 Collyer Quay #01-18, The Arcade, Singapore 049317.
• Mustafa Foreign Exchange: Located in Little India, Mustafa Foreign Exchange is a 24-hour money changer that also accepts travelers' cheques. With unbeatable rates and round-the-clock service, this money changer is an excellent choice for travelers. You can find them at 5 Serangoon Road, Singapore 217702.
• People's Corner Money Changer: Situated in Lucky Plaza, a popular shopping center on Orchard Road, People's Corner Money Changer is a reliable option for changing travelers' cheques. They offer competitive rates and provide quick service. You can find them at 304 Orchard Road #02-63 Lucky Plaza, Singapore 238863.
• Dhoby Ghaut Exchange: Located near Dhoby Ghaut MRT station, Dhoby Ghaut Exchange is a convenient choice for travelers. They specialize in currency exchange and also accept travelers' cheques. You can find them at 470 North Bridge Road #02-01 Bugis Cube, Singapore 188735.

When planning to change your travelers' cheques, it is essential to bring along your identification documents, such as a passport or driver's license. Money changers in Singapore are required to verify your identity before processing any transactions.

It is worth noting that while most money changers in Singapore accept travelers' cheques, it's always a good idea to call ahead or check their website for the most up-to-date information on their services and rates.

In conclusion, Singapore has a range of reliable money changers that accept travelers' cheques. Whether you're in the city center or exploring other neighborhoods, these money changers provide competitive rates and efficient service. Make sure to bring your identification documents and check with the money changer for any specific requirements before visiting.

Hotels and Resorts in Singapore that Offer Travelers Cheques Services

If you are planning a trip to Singapore and have chosen to use travelers cheques as your preferred mode of payment, you might be wondering where you can go to exchange them for local currency. While travelers cheques are not as commonly used as they once were, there are still a few hotels and resorts in Singapore that offer travelers cheques services.

One such hotel is the Marina Bay Sands. Located in the heart of Singapore's business district, Marina Bay Sands is not only known for its stunning architecture and luxury accommodations, but also for its convenient currency exchange services. The hotel's concierge desk can assist you in exchanging your travelers cheques for Singaporean dollars, allowing you to easily access the local currency during your stay.

Another hotel that offers travelers cheques services is The Ritz-Carlton Millenia Singapore. Situated near Marina Bay and boasting breathtaking views of the city skyline, this luxury hotel provides a range of services to make your stay as comfortable as possible. Their concierge desk can also help you exchange your travelers cheques, ensuring that you have the necessary funds to enjoy your time in Singapore.

If you prefer to stay in a resort setting, you might consider the Capella Singapore, which is located on Sentosa Island. This tranquil and secluded resort offers a range of amenities and services to create a memorable vacation experience. Among these services is the option to exchange travelers cheques at the front desk, providing you with easy access to the local currency.

In addition to these hotels and resorts, you can also visit the local branches of international banks such as HSBC, Citibank, or Standard Chartered, as they often provide currency exchange services for travelers cheques. These banks typically have multiple branches in Singapore, making it convenient for you to find a location that suits your needs.

When exchanging your travelers cheques in Singapore, it is important to bring a valid identification document such as your passport or identification card. Additionally, you should check the exchange rates and any associated fees before proceeding with the transaction to ensure that you are getting the best deal possible.

While travelers cheques may not be as commonly used as credit cards or mobile payment apps, there are still options available for exchanging them in Singapore. By staying at one of the hotels or resorts mentioned above, or visiting a local bank branch, you can easily convert your travelers cheques into Singaporean dollars and enjoy your time in the city without worrying about payment methods.

Alternative Options for Changing Travelers Cheques in Singapore

If you are traveling to Singapore and have travelers cheques, you might be wondering where you can go to change them. While travelers cheques used to be a popular form of currency exchange, their usage has declined in recent years. However, there are still some places in Singapore where you can change your travelers cheques. Here are some alternative options for changing travelers cheques in Singapore:

• Banks: Most major banks in Singapore, such as DBS Bank, OCBC Bank, and UOB, still accept travelers cheques. You can visit any branch of these banks and present your travelers cheques for exchange. Keep in mind that some banks may charge a fee for this service, so it's a good idea to check with the bank beforehand.
• American Express Exchange: American Express is one of the most popular issuers of travelers cheques, and they have a presence in Singapore as well. You can visit their office located at Raffles Place and exchange your travelers cheques for local currency. Again, they may charge a small fee for this service.
• Money Changers: Another option for changing travelers cheques is to visit a money changer. There are many money changers located in popular areas in Singapore, such as Chinatown and Orchard Road. These money changers usually offer competitive rates and may not charge a fee for the exchange. However, it's important to be cautious when using money changers, as there are some dishonest ones who may try to scam tourists. Always compare rates and use reputable money changers to ensure a fair exchange.
• Hotels: Some hotels in Singapore offer currency exchange services, including the exchange of travelers cheques. This can be convenient if you are staying in a hotel and need to change your travelers cheques. However, keep in mind that hotels may charge a higher fee or offer less favorable exchange rates compared to other options.
• Singapore Changi Airport: If you are arriving or departing from Singapore Changi Airport, you can also change your travelers cheques there. The airport has several currency exchange counters where you can exchange your travelers cheques for local currency. However, similar to hotels, airport currency exchange counters may charge higher fees or offer less favorable rates.

Before you go to any of these places to change your travelers cheques, make sure to bring a valid identification document, such as your passport. It's also a good idea to check the current exchange rates and fees, so you know how much money you will receive in local currency. Additionally, keep in mind that travelers cheques are not as widely accepted as they used to be, so it's a good idea to have some cash or a credit card as a backup.

Frequently asked questions