Today, almost anything under the sun can be delivered to your doorstep with a click of a mouse — and that, of course, includes foreign currency. Unsurprisingly, there’s a quick and easy way to exchange foreign currency without having to leave the comfort of home.
Say hello to Changi Recommends’ online money exchange service
Changi Recommends FX or Changi Recommends Foreign Exchange is an online service offered by, well, Changi Recommends for customers looking to buy foreign currencies at an attractive, yet competitive rate.
The value-added service is powered by GCC Exchange (S) Pte Ltd., who are an authorised money changer in the country. With GCC at the helm, you can be sure that you’ll get some of the best rates in the market today.
But if you’re wondering why the rates published by other retail money exchangers in Singapore like The Arcade, Online Portal, or GCC Exchange differ ever so slightly from the Changi Recommends FX rates, the answer is a rather simple one.
The rates shown by the aforementioned companies are electronic rates used for payments in the international markets. On the other hand, the Changi Recommends FX service uses a dynamic real-time Forex rate which thankfully doesn’t include a pesky service fee.
Currently, the service supports more than 10 types of currencies but more options may be added gradually in the future.