Best Japanese Yen / Czech Koruna Exchange Rate Today: 0.1536
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 0.1531, and the most competitive travel money / cash rates start at approximately 0.1522.
Live rate: 1 JPY = 0.1536 CZK (-0.2% )
Inverted: 1 CZK = 6.5104 JPY
Click here for our full travel and holiday rates comparison tool.
Comparison Results:
| Provider | Exchange Rate | Fee | You Get | Service | Notes | Action |
Live Market Rate | 0.1536 | 0 | 0.1521 | |||
 | 0.1531 (indicative) | 0 | 0.1531 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 0.1525 (indicative) | 0 | 0.1525 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 0.1536 | 24.1% | 0.1166 | Best Multi-Currency Card | One currency card for all your travels. Use it instantly as a digital card and top-up from the app, with the mid-market rate. 40+ currencies. Save up to 87% when you spend internationally. | |
 | 0.1522 | 0 | 0.1522 | Holiday FX, Cash Delivery | A specialist alternative to banks, bureau de change & the Post Office for clients seeking competitive currency exchange rates. A multiple award-winning company, offering free delivery (over £700.00), no commission charges, payment by Debit Card or Bank Transfer and typically offering the best exchange rates available. | |
Best Bank Rate  | 0.1493 (upper range) | Variable | 0.1493 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 0.1482 (lower range) | Variable | 0.1482 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 0.1467 | 0 | 0.1467 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1588 Close: 0.1588 Mid: 0.1588 | 2 Open: 0.1588 Close: 0.1588 Mid: 0.1586 | 3 Open: 0.1588 Close: 0.1575 Mid: 0.1580 | 4 Open: 0.1575 Close: 0.1559 Mid: 0.1567 | 5 Open: 0.1560 Close: 0.1555 Mid: 0.1553 | 6 | |
7 | 8 Open: 0.1557 Close: 0.1552 Mid: 0.1554 | 9 Open: 0.1552 Close: 0.1557 Mid: 0.1559 | 10 Open: 0.1557 Close: 0.1537 Mid: 0.1548 | 11 Open: 0.1537 Close: 0.1548 Mid: 0.1542 | 12 Open: 0.1548 Close: 0.1553 Mid: 0.1552 | 13 |
14 | 15 Open: 0.1551 Close: 0.1547 Mid: 0.1550 | 16 Open: 0.1547 Close: 0.1546 Mid: 0.1548 | 17 Open: 0.1546 Close: 0.1534 Mid: 0.1541 | 18 Open: 0.1534 Close: 0.1541 Mid: 0.1539 | 19 Open: 0.1539 Close: 0.1535 Mid: 0.1537 | 20 |
21 | 22 Open: 0.1533 Close: 0.1537 Mid: 0.1537 | 23 Open: 0.1537 Close: 0.1545 Mid: 0.1542 | 24 Open: 0.1545 Close: 0.1547 Mid: 0.1547 | 25 Open: 0.1547 Close: 0.1544 Mid: 0.1545 | 26 Open: 0.1544 Close: 0.1540 Mid: 0.1544 | 27 |
28 | 29 Open: 0.1541 Close: 0.1554 Mid: 0.1549 | 30 Open: 0.1555 Close: 0.1547 Mid: 0.1554 | 31 Open: 0.1547 Close: 0.1561 Mid: 0.1557 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1562 Close: 0.1561 Mid: 0.1567 | 2 Open: 0.1561 Close: 0.1557 Mid: 0.1561 | 3 | ||||
4 | 5 Open: 0.1557 Close: 0.1563 Mid: 0.1563 | 6 Open: 0.1563 Close: 0.1567 Mid: 0.1564 | 7 Open: 0.1566 Close: 0.1564 Mid: 0.1567 | 8 Open: 0.1564 Close: 0.1568 Mid: 0.1566 | 9 Open: 0.1569 Close: 0.1568 Mid: 0.1565 | 10 |
11 | 12 Open: 0.1566 Close: 0.1571 Mid: 0.1570 | 13 Open: 0.1570 Close: 0.1572 Mid: 0.1570 | 14 Open: 0.1570 Close: 0.1572 Mid: 0.1573 | 15 Open: 0.1572 Close: 0.1568 Mid: 0.1576 | 16 Open: 0.1569 Close: 0.1572 Mid: 0.1571 | 17 |
18 | 19 Open: 0.1572 Close: 0.1575 Mid: 0.1575 | 20 Open: 0.1575 Close: 0.1565 Mid: 0.1569 | 21 Open: 0.1566 Close: 0.1557 Mid: 0.1563 | 22 Open: 0.1557 Close: 0.1557 Mid: 0.1554 | 23 Open: 0.1557 Close: 0.1556 Mid: 0.1557 | 24 |
25 | 26 Open: 0.1556 Close: 0.1551 Mid: 0.1554 | 27 Open: 0.1552 Close: 0.1551 Mid: 0.1553 | 28 Open: 0.1551 Close: 0.1548 Mid: 0.1553 | 29 Open: 0.1549 Close: 0.1563 Mid: 0.1558 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1563 Close: 0.1558 Mid: 0.1558 | 2 | |||||
3 | 4 Open: 0.1559 Close: 0.1553 Mid: 0.1556 | 5 Open: 0.1553 Close: 0.1555 Mid: 0.1556 | 6 Open: 0.1555 Close: 0.1558 Mid: 0.1559 | 7 Open: 0.1558 Close: 0.1564 Mid: 0.1569 | 8 Open: 0.1564 Close: 0.1574 Mid: 0.1573 | 9 |
10 | 11 Open: 0.1576 Close: 0.1577 Mid: 0.1576 | 12 Open: 0.1577 Close: 0.1567 Mid: 0.1572 | 13 Open: 0.1567 Close: 0.1561 Mid: 0.1565 | 14 Open: 0.1561 Close: 0.1561 Mid: 0.1562 | 15 Open: 0.1561 Close: 0.1549 Mid: 0.1557 | 16 |
17 | 18 Open: 0.1547 Close: 0.1556 Mid: 0.1552 | 19 Open: 0.1556 Close: 0.1542 Mid: 0.1548 | 20 Open: 0.1542 Close: 0.1526 Mid: 0.1535 | 21 Open: 0.1526 Close: 0.1538 Mid: 0.1532 | 22 Open: 0.1538 Close: 0.1549 Mid: 0.1544 | 23 |
24 | 25 Open: 0.1541 Close: 0.1541 Mid: 0.1546 | 26 Open: 0.1541 Close: 0.1541 Mid: 0.1540 | 27 Open: 0.1541 Close: 0.1546 Mid: 0.1546 | 28 Open: 0.1546 Close: 0.1550 Mid: 0.1550 | 29 Open: 0.1550 Close: 0.1547 Mid: 0.1549 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1547 Close: 0.1552 Mid: 0.1550 | 2 Open: 0.1552 Close: 0.1550 Mid: 0.1554 | 3 Open: 0.1550 Close: 0.1541 Mid: 0.1546 | 4 Open: 0.1541 Close: 0.1544 Mid: 0.1541 | 5 Open: 0.1544 Close: 0.1540 Mid: 0.1543 | 6 | |
7 | 8 Open: 0.1539 Close: 0.1538 Mid: 0.1540 | 9 Open: 0.1538 Close: 0.1543 Mid: 0.1539 | 10 Open: 0.1543 Close: 0.1545 Mid: 0.1545 | 11 Open: 0.1545 Close: 0.1543 Mid: 0.1546 | 12 Open: 0.1543 Close: 0.1553 Mid: 0.1553 | 13 |
14 | 15 Open: 0.1553 Close: 0.1543 Mid: 0.1549 | 16 Open: 0.1543 Close: 0.1534 Mid: 0.1538 | 17 Open: 0.1534 Close: 0.1533 Mid: 0.1536 | 18 Open: 0.1533 Close: 0.1536 Mid: 0.1535 | 19 Open: 0.1536 Close: 0.1532 Mid: 0.1537 | 20 |
21 | 22 Open: 0.1529 Close: 0.1532 Mid: 0.1534 | 23 Open: 0.1532 Close: 0.1522 Mid: 0.1529 | 24 Open: 0.1522 Close: 0.1519 Mid: 0.1521 | 25 Open: 0.1519 Close: 0.1505 Mid: 0.1514 | 26 Open: 0.1505 Close: 0.1483 Mid: 0.1498 | 27 |
28 | 29 Open: 0.1483 Close: 0.1500 Mid: 0.1493 | 30 Open: 0.1500 Close: 0.1494 Mid: 0.1497 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1494 Close: 0.1516 Mid: 0.1511 | 2 Open: 0.1516 Close: 0.1515 Mid: 0.1511 | 3 Open: 0.1515 Close: 0.1521 Mid: 0.1522 | 4 | |||
5 | 6 Open: 0.1520 Close: 0.1509 Mid: 0.1516 | 7 Open: 0.1509 Close: 0.1505 Mid: 0.1506 | 8 Open: 0.1505 Close: 0.1496 Mid: 0.1499 | 9 Open: 0.1496 Close: 0.1488 Mid: 0.1493 | 10 Open: 0.1487 Close: 0.1485 Mid: 0.1487 | 11 |
12 | 13 Open: 0.1487 Close: 0.1472 Mid: 0.1478 | 14 Open: 0.1472 Close: 0.1466 Mid: 0.1468 | 15 Open: 0.1466 Close: 0.1467 Mid: 0.1468 | 16 Open: 0.1467 Close: 0.1463 Mid: 0.1469 | 17 Open: 0.1463 Close: 0.1459 Mid: 0.1461 | 18 |
19 | 20 Open: 0.1458 Close: 0.1457 Mid: 0.1459 | 21 Open: 0.1457 Close: 0.1459 Mid: 0.1456 | 22 Open: 0.1459 Close: 0.1457 Mid: 0.1459 | 23 Open: 0.1457 Close: 0.1457 Mid: 0.1456 | 24 Open: 0.1457 Close: 0.1447 Mid: 0.1452 | 25 |
26 | 27 Open: 0.1446 Close: 0.1449 Mid: 0.1450 | 28 Open: 0.1449 Close: 0.1445 Mid: 0.1447 | 29 Open: 0.1445 Close: 0.1453 Mid: 0.1449 | 30 Open: 0.1453 Close: 0.1456 Mid: 0.1458 | 31 Open: 0.1456 Close: 0.1446 Mid: 0.1452 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 0.1445 Close: 0.1449 Mid: 0.1450 | 4 Open: 0.1449 Close: 0.1467 Mid: 0.1460 | 5 Open: 0.1467 Close: 0.1452 Mid: 0.1458 | 6 Open: 0.1452 Close: 0.1449 Mid: 0.1450 | 7 Open: 0.1449 Close: 0.1455 Mid: 0.1453 | 8 |
9 | 10 Open: 0.1458 Close: 0.1457 Mid: 0.1461 | 11 Open: 0.1457 Close: 0.1465 Mid: 0.1462 | 12 Open: 0.1465 Close: 0.1456 Mid: 0.1460 | 13 Open: 0.1456 Close: 0.1466 Mid: 0.1461 | 14 Open: 0.1466 Close: 0.1469 Mid: 0.1468 | 15 |
16 | 17 Open: 0.1469 Close: 0.1460 Mid: 0.1464 | 18 Open: 0.1460 Close: 0.1465 Mid: 0.1462 | 19 Open: 0.1465 Close: 0.1466 Mid: 0.1468 | 20 Open: 0.1466 Close: 0.1464 Mid: 0.1466 | 21 Open: 0.1464 Close: 0.1459 Mid: 0.1465 | 22 |
23 | 24 Open: 0.1460 Close: 0.1452 Mid: 0.1458 | 25 Open: 0.1452 Close: 0.1451 Mid: 0.1453 | 26 Open: 0.1451 Close: 0.1451 Mid: 0.1453 | 27 Open: 0.1451 Close: 0.1457 Mid: 0.1456 | 28 Open: 0.1457 Close: 0.1453 Mid: 0.1457 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1458 Close: 0.1451 Mid: 0.1449 | 2 Open: 0.1451 Close: 0.1450 Mid: 0.1453 | 3 Open: 0.1450 Close: 0.1442 Mid: 0.1445 | 4 Open: 0.1442 Close: 0.1441 Mid: 0.1444 | 5 Open: 0.1441 Close: 0.1442 Mid: 0.1446 | 6 | |
7 | 8 Open: 0.1448 Close: 0.1447 Mid: 0.1446 | 9 Open: 0.1447 Close: 0.1449 Mid: 0.1447 | 10 Open: 0.1449 Close: 0.1450 Mid: 0.1450 | 11 Open: 0.1450 Close: 0.1470 Mid: 0.1463 | 12 Open: 0.1470 Close: 0.1471 Mid: 0.1470 | 13 |
14 | 15 Open: 0.1474 Close: 0.1473 Mid: 0.1476 | 16 Open: 0.1473 Close: 0.1467 Mid: 0.1470 | 17 Open: 0.1467 Close: 0.1479 Mid: 0.1475 | 18 Open: 0.1479 Close: 0.1474 Mid: 0.1480 | 19 Open: 0.1474 Close: 0.1472 Mid: 0.1473 | 20 |
21 | 22 Open: 0.1473 Close: 0.1477 Mid: 0.1478 | 23 Open: 0.1476 Close: 0.1504 Mid: 0.1492 | 24 Open: 0.1504 Close: 0.1524 Mid: 0.1517 | 25 Open: 0.1524 Close: 0.1520 Mid: 0.1529 | 26 Open: 0.1520 Close: 0.1519 Mid: 0.1518 | 27 |
28 | 29 Open: 0.1520 Close: 0.1524 Mid: 0.1522 | 30 Open: 0.1524 Close: 0.1539 Mid: 0.1527 | 31 Open: 0.1539 Close: 0.1565 Mid: 0.1549 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1565 Close: 0.1571 Mid: 0.1568 | 2 Open: 0.1571 Close: 0.1585 Mid: 0.1576 | 3 | ||||
4 | 5 Open: 0.1580 Close: 0.1602 Mid: 0.1606 | 6 Open: 0.1602 Close: 0.1602 Mid: 0.1593 | 7 Open: 0.1602 Close: 0.1577 Mid: 0.1585 | 8 Open: 0.1577 Close: 0.1572 Mid: 0.1579 | 9 Open: 0.1572 Close: 0.1577 Mid: 0.1572 | 10 |
11 | 12 Open: 0.1575 Close: 0.1565 Mid: 0.1565 | 13 Open: 0.1565 Close: 0.1560 Mid: 0.1563 | 14 Open: 0.1560 Close: 0.1550 Mid: 0.1557 | 15 Open: 0.1550 Close: 0.1541 Mid: 0.1546 | 16 Open: 0.1541 Close: 0.1547 Mid: 0.1549 | 17 |
18 | 19 Open: 0.1547 Close: 0.1548 Mid: 0.1556 | 20 Open: 0.1548 Close: 0.1555 Mid: 0.1551 | 21 Open: 0.1555 Close: 0.1548 Mid: 0.1547 | 22 Open: 0.1548 Close: 0.1543 Mid: 0.1546 | 23 Open: 0.1543 Close: 0.1550 Mid: 0.1548 | 24 |
25 | 26 Open: 0.1547 Close: 0.1553 Mid: 0.1555 | 27 Open: 0.1553 Close: 0.1554 Mid: 0.1550 | 28 Open: 0.1554 Close: 0.1558 Mid: 0.1557 | 29 Open: 0.1558 Close: 0.1559 Mid: 0.1560 | 30 Open: 0.1559 Close: 0.1550 Mid: 0.1556 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.1549 Close: 0.1539 Mid: 0.1545 | 3 Open: 0.1539 Close: 0.1564 Mid: 0.1551 | 4 Open: 0.1563 Close: 0.1573 Mid: 0.1567 | 5 Open: 0.1573 Close: 0.1571 Mid: 0.1572 | 6 Open: 0.1571 Close: 0.1587 Mid: 0.1581 | 7 |
8 | 9 Open: 0.1585 Close: 0.1585 Mid: 0.1584 | 10 Open: 0.1585 Close: 0.1597 Mid: 0.1590 | 11 Open: 0.1597 Close: 0.1600 Mid: 0.1605 | 12 Open: 0.1600 Close: 0.1600 Mid: 0.1599 | 13 Open: 0.1600 Close: 0.1611 Mid: 0.1608 | 14 |
15 | 16 Open: 0.1609 Close: 0.1607 Mid: 0.1613 | 17 Open: 0.1607 Close: 0.1586 Mid: 0.1599 | 18 Open: 0.1586 Close: 0.1585 Mid: 0.1592 | 19 Open: 0.1585 Close: 0.1576 Mid: 0.1580 | 20 Open: 0.1576 Close: 0.1560 Mid: 0.1571 | 21 |
22 | 23 Open: 0.1561 Close: 0.1575 Mid: 0.1571 | 24 Open: 0.1575 Close: 0.1566 Mid: 0.1569 | 25 Open: 0.1567 Close: 0.1561 Mid: 0.1562 | 26 Open: 0.1561 Close: 0.1553 Mid: 0.1558 | 27 Open: 0.1553 Close: 0.1583 Mid: 0.1564 | 28 |
29 | 30 Open: 0.1585 Close: 0.1577 Mid: 0.1582 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1577 Close: 0.1592 Mid: 0.1584 | 2 Open: 0.1592 Close: 0.1566 Mid: 0.1580 | 3 Open: 0.1566 Close: 0.1563 Mid: 0.1563 | 4 Open: 0.1563 Close: 0.1553 Mid: 0.1561 | 5 | ||
6 | 7 Open: 0.1552 Close: 0.1560 Mid: 0.1556 | 8 Open: 0.1560 Close: 0.1556 Mid: 0.1560 | 9 Open: 0.1556 Close: 0.1551 Mid: 0.1556 | 10 Open: 0.1551 Close: 0.1560 Mid: 0.1555 | 11 Open: 0.1560 Close: 0.1551 Mid: 0.1555 | 12 |
13 | 14 Open: 0.1551 Close: 0.1546 Mid: 0.1548 | 15 Open: 0.1546 Close: 0.1552 Mid: 0.1550 | 16 Open: 0.1552 Close: 0.1556 Mid: 0.1554 | 17 Open: 0.1556 Close: 0.1551 Mid: 0.1555 | 18 Open: 0.1551 Close: 0.1552 Mid: 0.1552 | 19 |
20 | 21 Open: 0.1552 Close: 0.1549 Mid: 0.1553 | 22 Open: 0.1549 Close: 0.1546 Mid: 0.1548 | 23 Open: 0.1546 Close: 0.1534 Mid: 0.1538 | 24 Open: 0.1534 Close: 0.1533 Mid: 0.1537 | 25 Open: 0.1533 Close: 0.1538 Mid: 0.1537 | 26 |
27 | 28 Open: 0.1530 Close: 0.1530 Mid: 0.1532 | 29 Open: 0.1530 Close: 0.1528 Mid: 0.1533 | 30 Open: 0.1528 Close: 0.1524 Mid: 0.1528 | 31 Open: 0.1524 Close: 0.1530 Mid: 0.1531 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1530 Close: 0.1528 Mid: 0.1529 | 2 | |||||
3 | 4 Open: 0.1530 Close: 0.1531 Mid: 0.1529 | 5 Open: 0.1531 Close: 0.1528 Mid: 0.1530 | 6 Open: 0.1528 Close: 0.1528 Mid: 0.1530 | 7 Open: 0.1528 Close: 0.1529 Mid: 0.1529 | 8 Open: 0.1529 Close: 0.1543 Mid: 0.1536 | 9 |
10 | 11 Open: 0.1542 Close: 0.1547 Mid: 0.1544 | 12 Open: 0.1547 Close: 0.1545 Mid: 0.1549 | 13 Open: 0.1545 Close: 0.1540 Mid: 0.1541 | 14 Open: 0.1540 Close: 0.1537 Mid: 0.1539 | 15 Open: 0.1537 Close: 0.1553 Mid: 0.1544 | 16 |
17 | 18 Open: 0.1557 Close: 0.1543 Mid: 0.1549 | 19 Open: 0.1543 Close: 0.1543 Mid: 0.1554 | 20 Open: 0.1543 Close: 0.1543 Mid: 0.1541 | 21 Open: 0.1543 Close: 0.1566 Mid: 0.1556 | 22 Open: 0.1566 Close: 0.1572 Mid: 0.1576 | 23 |
24 | 25 Open: 0.1571 Close: 0.1563 Mid: 0.1566 | 26 Open: 0.1563 Close: 0.1574 Mid: 0.1570 | 27 Open: 0.1574 Close: 0.1582 Mid: 0.1581 | 28 Open: 0.1582 Close: 0.1580 Mid: 0.1581 | 29 Open: 0.1580 Close: 0.1595 Mid: 0.1589 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.1595 Close: 0.1607 Mid: 0.1605 | 3 Open: 0.1607 Close: 0.1600 Mid: 0.1605 | 4 Open: 0.1600 Close: 0.1590 Mid: 0.1595 | 5 Open: 0.1590 Close: 0.1578 Mid: 0.1585 | 6 Open: 0.1578 Close: 0.1583 Mid: 0.1581 | 7 |
8 | 9 Open: 0.1582 Close: 0.1572 Mid: 0.1578 | 10 Open: 0.1572 Close: 0.1568 Mid: 0.1572 | 11 Open: 0.1568 Close: 0.1567 Mid: 0.1574 | 12 Open: 0.1567 Close: 0.1568 Mid: 0.1567 | 13 Open: 0.1568 Close: 0.1550 Mid: 0.1560 | 14 |
15 | 16 Open: 0.1549 Close: 0.1545 Mid: 0.1549 | 17 Open: 0.1545 Close: 0.1557 Mid: 0.1552 | 18 Open: 0.1557 Close: 0.1567 Mid: 0.1560 | 19 Open: 0.1568 Close: 0.1541 Mid: 0.1549 | 20 Open: 0.1541 Close: 0.1540 Mid: 0.1541 | 21 |
22 | 23 Open: 0.1539 Close: 0.1538 Mid: 0.1540 | 24 Open: 0.1538 Close: 0.1540 Mid: 0.1538 | 25 Open: 0.1538 Close: 0.1540 Mid: 0.1538 | 26 Open: 0.1539 Close: 0.1536 Mid: 0.1538 | 27 | 28 |
29 | 30 | 31 |
Compare Exchange Rates:
Know What the Best Exchange Rate Looks Like
Benchmark the exchange rate market with Pound Sterling Live's custom currency rate comparison tool with built-in algorithms to find the best rates in the market.
Banks and financial institutions buy and sell currency from each other - these sizeable institutions are 'the market' and the rate they transact at is the 'market rate'. The difference between how much a currency is purchased and sold is the spread, which is essentially the difference between the buy and sell price.
But, when currency is sold by banks to retail customers that spread widens significantly and the profit on the transaction is therefore substantially larger.
Therefore when we focus on the transfer fee when sending money abroad we often miss the biggest cost: the exchange rate spread.
Foreign exchange providers have essentially recognised this and they enter the market to transfer money at tighter spreads, thereby saving potentially significant amounts of money for their clients simply by providing better exchange rates.
For example, the transfer of £100K into euros is expected to attract a rate that delivers between €112,480 and €113,296 with the UK's leading high street banks. But FCA authorised providers will provide a rate that delivers between €115,510 and €115,740 (using rates on 05/07/21).
Taking the time to work with a FCA regulated currency provider could therefore result in the delivery of an extra euros amount of between €2444 and €3030.
Pound Sterling Live only works with foreign exchange payment companies that are FCA Authorised. This is important: FCA regulations and oversight requires the money they transfer on your behalf to be protected through a process known as 'safeguarding'. Safeguarding requires the payments company to keep your money separate from their own money in a top-tier bank. Therefore if the provider comes under stress your money should be protected.
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