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Carry SGD (Currency Notes less than $1500) in Check-In Baggage

Hi,

I am planning to travel to Singapore from India.

To avoid Forex Card Withdrawal Charges, I want to carry Singapore Dollar Currency Notes (CASH not more than $1500).

Is it Legal to keep it in Check-In baggage or is it necessary to keep it Handy (in Wallet) so that it can be disclosed at airports ?
See also
Assuming this is accurate you're within customs limits but they might well have questions to ask anyway.
Add the danger of carrying that sort of cash and it isn't a good idea.

https://www.iatatravelcentre.com/sg-sin … etails.htm

Currency Import regulations:
Local currency (Singapore Dollar-SGD) and foreign currencies: no limit. However, amounts exceeding SGD 20,000.- (or equivalent)(incl. traveler cheque, bearer cheque, bill of exchange, promissory note) should be declared on arrival.

Currency Export regulations:
Local currency (Singapore Dollar-SGD) and foreign currencies: no limit. However, amounts exceeding SGD 20,000.- (or equivalent)(incl. traveler cheque, bearer cheque, bill of exchange, promissory note) should be declared on departure.

Better carry it otherwise, there is a slight chance you can lose it in your luggage.

Some baggers get something from our bags. It happened to me 4 times.

I lost shirts, chocolates, perfumes etc.
As for carrying the cash - hidden wallets

https://i5.walmartimages.com/asr/ac9dc863-140d-42d5-8132-767fb71ee144_1.0b70d0f65e065b5cb7fd9a7741d89972.jpeg?odnHeight=450&odnWidth=450&odnBg=FFFFFF
If carrying cash is better for you than ATM withdrawals, then you have the wrong ATM card - it's time to change!
Thank you for taking out time and replying