M.M. Shariff Traders - 11 Collyer Quay

The worst rate ever encountered in my life

Not the best stall with best rate. Suggest to look out for other stalls.

Spend the extra effort to go through your south african rands (ZAR) at the counter, especially the 200 bank notes. Transacted in Sept '19.

Decided to exchange sgd for euros here as their published rates were the best of the lot that day. Greeted by an unfriendly man who then proceeded to give me multiple 500euros in exchange for my stack of $50 notes. Requested for smaller denominations but turned me down saying that he didnt have any. So very naively we went on our trip with those 500 euro notes which were as good as blank notes as most shops didnt seem to accept. Stuck in vienna now with cash that we cant use. Whatever that was 'earned' from the marginally better rates is totally not worth the hassle that we are facing now. Having been turned down by shops, info centres and even banks. The only plausible alternative now is to engage the local money changers to get those darn notes broken down into smaller denominations with a fee, of €5 per €500. Seriously, we are ending up with crappier rates now then if we were to settle for other money changers at arcade. Cant help but feel like this shop took the easy way out by 'disposing' off their big notes to us. I will never engage their (lack thereof) services ever again.