Timothy Tye
Preparing Money for your Trip to Singapore

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The currency used in Singapore is the Singapore dollar (SGD). Being a major trading centre, the country has many banks that accept currency from other countries. You can also buy Singapore dollars online ahead of your trip. The following are the latest rates for Singapore dollar in the last 24-hours.

Singapore banknotes are available in denominations of $1, $2, $5, $10, $20, $50, $100, $500, $10000 and $10,000. The $1 note has largely been replaced with the $1 coin. Coins come in denominations of 1, 5, 10, 20 and 50 cents. At the time of writing, US$1.00 = S$1.52.

Singapore Goods & Services Tax (GST)

This is imposed on most goods and services, which stands at 7%.

Travellers' Cheques

Travellers' Cheques can easily be encashed in most banks in Singapore. Shops may also take travellers cheques in lieu of cash after taking into consideration the conversion rate.

Credit Cards

Credit cards are accepted at most restaurants and upmarket stores. A surcharge of 2-4% is added for many purchases. To get in touch with the major credit card companies, call:
  • Visa: 1 800 345 1345
  • MasterCard: 800 1100 113
  • American Express: 6880 1111

    Singapore Banking Hours

    Banks are open from 10:00am to 3:00pm on weekdays, and 9:30am to 11:00am on Saturdays.
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    If you are planning to travel Malaysia and Singapore by bus, you can now purchase your long-distance bus tickets directly from Bus Online Ticket, where you get to check the schedule as well as price of tickets from various bus companies.

    About me

    Thank you for visiting my website. I started it in 2003, and today it has over twenty thousand pages of information. My name is . You can call me Tim. I have been writing my website full time since 1 November 2007, and I am enjoying every moment of it. I write my website to satisfy my own curiosity, but I am glad if the information is useful to you.

    As a Christian, I hope that through this website, I am able to deliver God's Good News to those who need it all over the world. If you wish to contact me, please submit the contact form. Thanks again, don't forget to follow me on Facebook!

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