Faizam Forex
All opening hours
- Monday
- 10am–6pm
- Tuesday
- 10am–6pm
- Wednesday
- 10am–6pm
- Thursday
- 10am–6pm
- Friday
- 10am–6pm
- Saturday
- 10am–2pm
- Sunday
- Closed
What customers say
The owner replied to 4 of 6 critical reviews — rare, and a sign someone is accountable.
Customers consistently rate this counter well on rates and service.
That puts it below the typical counter in Raffles Place. The best-rated nearby is Arcade Money Changers (AMC sg) (★ 4.3, 186 reviews) — worth a look if you are comparing.
The rating, in shape
What customers report
Public Google reviews, unedited — including the critical ones.
Faizam is my one stop money changing, regardless of where my destination, best rates and excellent services by all their staff. Most friendly and helpful. Am a returning customer always, thank you so much
Very cunning shop, changed SGD 200 to MYR (asked to top up SGD2) but man in blue & glasses only gave me RM600. Felt the sum was weird so did my calculation outside the shop and found out they shortchanged me (rate 3.218 becomes 2.97)...…
Details
- Address
- 02 11 Collyer Quay, #13A, Singapore 049317
- MAS licence
- Listed as FAIZAM FOREX PTE. LTD. — Money-changing Licensee. Verify →
Listing details from the business's Google profile (August 2025); licence status from the MAS register, August 2026. Report a change · how we build this
Questions
What are Faizam Forex's opening hours?
Mon–Fri 10am–6pm · Sat 10am–2pm · Sun Closed. The status shown at the top of this page is calculated live in Singapore time, so it reflects whether the counter is open right now. Hours can still change on public holidays — worth calling before a special trip.
Is Faizam Forex the best money changer in Raffles Place?
On Google ratings it currently sits 11 of 22 reviewed counters in Raffles Place, below the local median of 3.8★. Within The Arcade alone it ranks 8 of 18. The best-rated nearby alternative is Arcade Money Changers (AMC sg) (★ 4.3 from 186 reviews). Ratings measure service and honesty, not today's rate — for the rate itself, compare boards.
What do customers complain about at Faizam Forex?
Of the topics customers raise, exchange rates draws the most mixed response — 11% of its 9 mentions come from reviews of 3★ or below. The strongest area is staff & service, where 100% of 5 mentions are positive. As anywhere, count your money at the counter before you leave.
Is Faizam Forex a licensed money changer?
Yes — this listing corresponds to FAIZAM FOREX PTE. LTD., listed in the MAS Financial Institutions Directory as Money-changing Licensee. Verify on the MAS register.