Best Japanese Yen / Kenyan Shilling Exchange Rate Today: 0.8216
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 0.8191, and the most competitive travel money / cash rates start at approximately 0.8142.
Live rate: 1 JPY = 0.8216 KES (-0.0851% )
Inverted: 1 KES = 1.2171 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 | 0.8216 | 0 | 0.8134 | |||
 | 0.8191 (indicative) | 0 | 0.8191 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 0.8158 (indicative) | 0 | 0.8158 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 0.8216 | 31.7% | 0.5612 | 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. | |
 | 0.8142 | 0 | 0.8142 | 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  | 0.7986 (upper range) | Variable | 0.7986 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 0.7928 (lower range) | Variable | 0.7928 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 0.7846 | 0 | 0.7846 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.1147 Close: 1.1145 Mid: 1.1138 | 2 Open: 1.1154 Close: 1.1168 Mid: 1.1136 | 3 Open: 1.1090 Close: 1.0922 Mid: 1.1000 | 4 Open: 1.0932 Close: 1.0948 Mid: 1.0943 | 5 Open: 1.0948 Close: 1.0721 Mid: 1.0825 | 6 | |
7 | 8 Open: 1.0733 Close: 1.0742 Mid: 1.0759 | 9 Open: 1.0948 Close: 1.0962 Mid: 1.0979 | 10 Open: 1.0957 Close: 1.0844 Mid: 1.0907 | 11 Open: 1.0844 Close: 1.1068 Mid: 1.0947 | 12 Open: 1.1068 Close: 1.0904 Mid: 1.0985 | 13 |
14 | 15 Open: 1.0896 Close: 1.0854 Mid: 1.0876 | 16 Open: 1.0851 Close: 1.0765 Mid: 1.0817 | 17 Open: 1.0763 Close: 1.0688 Mid: 1.0723 | 18 Open: 1.0763 Close: 1.0688 Mid: 1.0723 | 19 Open: 1.0763 Close: 1.0688 Mid: 1.0723 | 20 |
21 | 22 Open: 1.0732 Close: 1.0980 Mid: 1.0868 | 23 Open: 1.0981 Close: 1.0970 Mid: 1.0982 | 24 Open: 1.0964 Close: 1.1023 Mid: 1.1004 | 25 Open: 1.1022 Close: 1.1023 Mid: 1.1024 | 26 Open: 1.1022 Close: 1.1023 Mid: 1.1024 | 27 |
28 | 29 Open: 1.1004 Close: 1.1003 Mid: 1.1009 | 30 Open: 1.1005 Close: 1.0989 Mid: 1.1023 | 31 Open: 1.0995 Close: 1.1060 Mid: 1.1037 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.1033 Close: 1.1024 Mid: 1.1063 | 2 Open: 1.1029 Close: 1.1063 Mid: 1.1043 | 3 | ||||
4 | 5 Open: 1.1047 Close: 1.0960 Mid: 1.1010 | 6 Open: 1.0956 Close: 1.0946 Mid: 1.0942 | 7 Open: 1.1009 Close: 1.0966 Mid: 1.0990 | 8 Open: 1.0967 Close: 1.0873 Mid: 1.0926 | 9 Open: 1.0876 Close: 1.0869 Mid: 1.0867 | 10 |
11 | 12 Open: 1.0871 Close: 1.0668 Mid: 1.0784 | 13 Open: 1.0668 Close: 1.0238 Mid: 1.0451 | 14 Open: 1.0237 Close: 1.0183 Mid: 1.0223 | 15 Open: 1.0237 Close: 1.0183 Mid: 1.0223 | 16 Open: 0.9396 Close: 0.9417 Mid: 0.9402 | 17 |
18 | 19 Open: 0.9396 Close: 0.9417 Mid: 0.9402 | 20 Open: 0.9434 Close: 0.9418 Mid: 0.9418 | 21 Open: 0.9417 Close: 0.9531 Mid: 0.9478 | 22 Open: 0.9529 Close: 0.9549 Mid: 0.9535 | 23 Open: 0.9529 Close: 0.9549 Mid: 0.9535 | 24 |
25 | 26 Open: 0.9540 Close: 0.9462 Mid: 0.9509 | 27 Open: 0.9540 Close: 0.9462 Mid: 0.9509 | 28 Open: 0.9475 Close: 0.9575 Mid: 0.9538 | 29 Open: 0.9575 Close: 0.9655 Mid: 0.9622 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.9655 Close: 0.9611 Mid: 0.9624 | 2 | |||||
3 | 4 Open: 0.9624 Close: 0.9594 Mid: 0.9606 | 5 Open: 0.9624 Close: 0.9594 Mid: 0.9606 | 6 Open: 0.9615 Close: 0.9669 Mid: 0.9649 | 7 Open: 0.9663 Close: 0.9714 Mid: 0.9724 | 8 Open: 0.9714 Close: 0.9803 Mid: 0.9775 | 9 |
10 | 11 Open: 0.9714 Close: 0.9803 Mid: 0.9775 | 12 Open: 0.9719 Close: 0.9650 Mid: 0.9685 | 13 Open: 0.9655 Close: 0.9308 Mid: 0.9482 | 14 Open: 0.9313 Close: 0.9310 Mid: 0.9315 | 15 Open: 0.9310 Close: 0.9240 Mid: 0.9284 | 16 |
17 | 18 Open: 0.9220 Close: 0.9228 Mid: 0.9229 | 19 Open: 0.9196 Close: 0.8962 Mid: 0.9078 | 20 Open: 0.8957 Close: 0.8889 Mid: 0.8922 | 21 Open: 0.8889 Close: 0.8994 Mid: 0.8940 | 22 Open: 0.8889 Close: 0.8994 Mid: 0.8940 | 23 |
24 | 25 Open: 0.8709 Close: 0.8749 Mid: 0.8752 | 26 Open: 0.8760 Close: 0.8757 Mid: 0.8757 | 27 Open: 0.8757 Close: 0.8747 Mid: 0.8763 | 28 Open: 0.8747 Close: 0.8751 Mid: 0.8759 | 29 Open: 0.8751 Close: 0.8752 Mid: 0.8757 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.8740 Close: 0.8784 Mid: 0.8765 | 2 Open: 0.8579 Close: 0.8567 Mid: 0.8577 | 3 Open: 0.8577 Close: 0.8519 Mid: 0.8552 | 4 Open: 0.8519 Close: 0.8603 Mid: 0.8561 | 5 Open: 0.8603 Close: 0.8569 Mid: 0.8600 | 6 | |
7 | 8 Open: 0.8564 Close: 0.8499 Mid: 0.8536 | 9 Open: 0.8468 Close: 0.8570 Mid: 0.8500 | 10 Open: 0.8571 Close: 0.8585 Mid: 0.8581 | 11 Open: 0.8486 Close: 0.8472 Mid: 0.8487 | 12 Open: 0.8486 Close: 0.8472 Mid: 0.8487 | 13 |
14 | 15 Open: 0.8316 Close: 0.8422 Mid: 0.8363 | 16 Open: 0.8421 Close: 0.8447 Mid: 0.8430 | 17 Open: 0.8421 Close: 0.8447 Mid: 0.8430 | 18 Open: 0.8421 Close: 0.8447 Mid: 0.8430 | 19 Open: 0.8465 Close: 0.8547 Mid: 0.8520 | 20 |
21 | 22 Open: 0.8516 Close: 0.8640 Mid: 0.8598 | 23 Open: 0.8516 Close: 0.8640 Mid: 0.8598 | 24 Open: 0.8516 Close: 0.8640 Mid: 0.8598 | 25 Open: 0.8511 Close: 0.8512 Mid: 0.8514 | 26 Open: 0.8507 Close: 0.8381 Mid: 0.8460 | 27 |
28 | 29 Open: 0.8379 Close: 0.8452 Mid: 0.8424 | 30 Open: 0.8379 Close: 0.8452 Mid: 0.8424 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.8436 Close: 0.8544 Mid: 0.8522 | 2 Open: 0.8544 Close: 0.8611 Mid: 0.8546 | 3 Open: 0.8611 Close: 0.8664 Mid: 0.8647 | 4 | |||
5 | 6 Open: 0.8653 Close: 0.8617 Mid: 0.8631 | 7 Open: 0.8617 Close: 0.8755 Mid: 0.8679 | 8 Open: 0.8617 Close: 0.8755 Mid: 0.8679 | 9 Open: 0.8520 Close: 0.8510 Mid: 0.8523 | 10 Open: 0.8515 Close: 0.8446 Mid: 0.8481 | 11 |
12 | 13 Open: 0.8453 Close: 0.8405 Mid: 0.8431 | 14 Open: 0.8405 Close: 0.8382 Mid: 0.8402 | 15 Open: 0.8382 Close: 0.8377 Mid: 0.8389 | 16 Open: 0.8377 Close: 0.8401 Mid: 0.8420 | 17 Open: 0.8401 Close: 0.8345 Mid: 0.8372 | 18 |
19 | 20 Open: 0.8349 Close: 0.8189 Mid: 0.8274 | 21 Open: 0.8189 Close: 0.8359 Mid: 0.8271 | 22 Open: 0.8364 Close: 0.8325 Mid: 0.8344 | 23 Open: 0.8330 Close: 0.8335 Mid: 0.8328 | 24 Open: 0.8335 Close: 0.8302 Mid: 0.8321 | 25 |
26 | 27 Open: 0.8299 Close: 0.8307 Mid: 0.8309 | 28 Open: 0.8299 Close: 0.8307 Mid: 0.8309 | 29 Open: 0.8316 Close: 0.8311 Mid: 0.8314 | 30 Open: 0.8311 Close: 0.8308 Mid: 0.8328 | 31 Open: 0.8308 Close: 0.8441 Mid: 0.8383 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 0.8282 Close: 0.8304 Mid: 0.8303 | 4 Open: 0.8304 Close: 0.8418 Mid: 0.8363 | 5 Open: 0.8418 Close: 0.8356 Mid: 0.8386 | 6 Open: 0.8356 Close: 0.8381 Mid: 0.8366 | 7 Open: 0.8381 Close: 0.8376 Mid: 0.8383 | 8 |
9 | 10 Open: 0.8389 Close: 0.8224 Mid: 0.8316 | 11 Open: 0.8224 Close: 0.8407 Mid: 0.8316 | 12 Open: 0.8252 Close: 0.8236 Mid: 0.8242 | 13 Open: 0.8251 Close: 0.8258 Mid: 0.8254 | 14 Open: 0.8251 Close: 0.8258 Mid: 0.8254 | 15 |
16 | 17 Open: 0.8231 Close: 0.8189 Mid: 0.8222 | 18 Open: 0.8189 Close: 0.8190 Mid: 0.8193 | 19 Open: 0.8190 Close: 0.8200 Mid: 0.8199 | 20 Open: 0.8195 Close: 0.8168 Mid: 0.8182 | 21 Open: 0.8168 Close: 0.8098 Mid: 0.8145 | 22 |
23 | 24 Open: 0.8102 Close: 0.8099 Mid: 0.8112 | 25 Open: 0.8102 Close: 0.8099 Mid: 0.8112 | 26 Open: 0.8115 Close: 0.8070 Mid: 0.8093 | 27 Open: 0.8115 Close: 0.8070 Mid: 0.8093 | 28 Open: 0.8060 Close: 0.8051 Mid: 0.8066 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.8078 Close: 0.8034 Mid: 0.8047 | 2 Open: 0.8078 Close: 0.8034 Mid: 0.8047 | 3 Open: 0.7998 Close: 0.7979 Mid: 0.7989 | 4 Open: 0.7998 Close: 0.7979 Mid: 0.7989 | 5 Open: 0.8029 Close: 0.7916 Mid: 0.7979 | 6 | |
7 | 8 Open: 0.7937 Close: 0.7938 Mid: 0.7930 | 9 Open: 0.7934 Close: 0.7922 Mid: 0.7924 | 10 Open: 0.7917 Close: 0.7860 Mid: 0.7890 | 11 Open: 0.7865 Close: 0.8153 Mid: 0.8028 | 12 Open: 0.8056 Close: 0.8060 Mid: 0.8060 | 13 |
14 | 15 Open: 0.8071 Close: 0.8072 Mid: 0.8078 | 16 Open: 0.8073 Close: 0.8044 Mid: 0.8055 | 17 Open: 0.8049 Close: 0.8179 Mid: 0.8114 | 18 Open: 0.8174 Close: 0.8130 Mid: 0.8170 | 19 Open: 0.8130 Close: 0.8162 Mid: 0.8144 | 20 |
21 | 22 Open: 0.8162 Close: 0.8187 Mid: 0.8194 | 23 Open: 0.8187 Close: 0.8316 Mid: 0.8252 | 24 Open: 0.8187 Close: 0.8316 Mid: 0.8252 | 25 Open: 0.8449 Close: 0.8463 Mid: 0.8493 | 26 Open: 0.8458 Close: 0.8456 Mid: 0.8448 | 27 |
28 | 29 Open: 0.8475 Close: 0.8430 Mid: 0.8455 | 30 Open: 0.8435 Close: 0.8522 Mid: 0.8454 | 31 Open: 0.8522 Close: 0.8656 Mid: 0.8571 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.8661 Close: 0.8725 Mid: 0.8685 | 2 Open: 0.8661 Close: 0.8725 Mid: 0.8685 | 3 | ||||
4 | 5 Open: 0.8812 Close: 0.9000 Mid: 0.9008 | 6 Open: 0.8812 Close: 0.9000 Mid: 0.9008 | 7 Open: 0.8812 Close: 0.9000 Mid: 0.9008 | 8 Open: 0.8877 Close: 0.8788 Mid: 0.8871 | 9 Open: 0.8831 Close: 0.8863 Mid: 0.8846 | 10 |
11 | 12 Open: 0.8841 Close: 0.8829 Mid: 0.8810 | 13 Open: 0.8829 Close: 0.8800 Mid: 0.8807 | 14 Open: 0.8799 Close: 0.8852 Mid: 0.8839 | 15 Open: 0.8852 Close: 0.8728 Mid: 0.8794 | 16 Open: 0.8733 Close: 0.8714 Mid: 0.8737 | 17 |
18 | 19 Open: 0.8723 Close: 0.8753 Mid: 0.8772 | 20 Open: 0.8754 Close: 0.8862 Mid: 0.8791 | 21 Open: 0.8889 Close: 0.8850 Mid: 0.8850 | 22 Open: 0.8903 Close: 0.8839 Mid: 0.8873 | 23 Open: 0.8839 Close: 0.8878 Mid: 0.8859 | 24 |
25 | 26 Open: 0.8873 Close: 0.8930 Mid: 0.8927 | 27 Open: 0.8930 Close: 0.8931 Mid: 0.8915 | 28 Open: 0.8930 Close: 0.8931 Mid: 0.8915 | 29 Open: 0.8918 Close: 0.8899 Mid: 0.8905 | 30 Open: 0.8899 Close: 0.8854 Mid: 0.8884 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.8843 Close: 0.8755 Mid: 0.8809 | 3 Open: 0.8760 Close: 0.8853 Mid: 0.8812 | 4 Open: 0.8853 Close: 0.8937 Mid: 0.8894 | 5 Open: 0.8964 Close: 0.8960 Mid: 0.8967 | 6 Open: 0.8965 Close: 0.9077 Mid: 0.9022 | 7 |
8 | 9 Open: 0.9070 Close: 0.9002 Mid: 0.9026 | 10 Open: 0.8997 Close: 0.9070 Mid: 0.9026 | 11 Open: 0.9070 Close: 0.9091 Mid: 0.9128 | 12 Open: 0.9091 Close: 0.9032 Mid: 0.9056 | 13 Open: 0.9096 Close: 0.9160 Mid: 0.9137 | 14 |
15 | 16 Open: 0.9158 Close: 0.9121 Mid: 0.9167 | 17 Open: 0.9131 Close: 0.9092 Mid: 0.9124 | 18 Open: 0.9087 Close: 0.9069 Mid: 0.9113 | 19 Open: 0.9069 Close: 0.9052 Mid: 0.9052 | 20 Open: 0.9052 Close: 0.8940 Mid: 0.9007 | 21 |
22 | 23 Open: 0.9052 Close: 0.8940 Mid: 0.9007 | 24 Open: 0.9052 Close: 0.8940 Mid: 0.9007 | 25 Open: 0.9052 Close: 0.8940 Mid: 0.9007 | 26 | 27 Open: 0.8885 Close: 0.9066 Mid: 0.8941 | 28 |
29 | 30 Open: 0.8885 Close: 0.9066 Mid: 0.8941 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.9005 Close: 0.9008 Mid: 0.9000 | 2 Open: 0.9005 Close: 0.9008 Mid: 0.9000 | 3 Open: 0.8815 Close: 0.8769 Mid: 0.8789 | 4 Open: 0.8774 Close: 0.8701 Mid: 0.8754 | 5 | ||
6 | 7 Open: 0.8774 Close: 0.8701 Mid: 0.8754 | 8 Open: 0.8774 Close: 0.8701 Mid: 0.8754 | 9 Open: 0.8702 Close: 0.8654 Mid: 0.8690 | 10 Open: 0.8654 Close: 0.8700 Mid: 0.8679 | 11 Open: 0.8654 Close: 0.8700 Mid: 0.8679 | 12 |
13 | 14 Open: 0.8644 Close: 0.8605 Mid: 0.8628 | 15 Open: 0.8644 Close: 0.8605 Mid: 0.8628 | 16 Open: 0.8643 Close: 0.8674 Mid: 0.8669 | 17 Open: 0.8674 Close: 0.8621 Mid: 0.8656 | 18 Open: 0.8674 Close: 0.8621 Mid: 0.8656 | 19 |
20 | 21 Open: 0.8645 Close: 0.8577 Mid: 0.8628 | 22 Open: 0.8552 Close: 0.8538 Mid: 0.8554 | 23 Open: 0.8543 Close: 0.8476 Mid: 0.8490 | 24 Open: 0.8481 Close: 0.8497 Mid: 0.8496 | 25 Open: 0.8502 Close: 0.8485 Mid: 0.8499 | 26 |
27 | 28 Open: 0.8433 Close: 0.8424 Mid: 0.8435 | 29 Open: 0.8424 Close: 0.8392 Mid: 0.8423 | 30 Open: 0.8392 Close: 0.8413 Mid: 0.8413 | 31 Open: 0.8418 Close: 0.8536 Mid: 0.8492 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.8500 Close: 0.8434 Mid: 0.8459 | 2 | |||||
3 | 4 Open: 0.8453 Close: 0.8492 Mid: 0.8477 | 5 Open: 0.8497 Close: 0.8471 Mid: 0.8484 | 6 Open: 0.8390 Close: 0.8330 Mid: 0.8360 | 7 Open: 0.8375 Close: 0.8398 Mid: 0.8384 | 8 Open: 0.8398 Close: 0.8479 Mid: 0.8442 | 9 |
10 | 11 Open: 0.8424 Close: 0.8402 Mid: 0.8402 | 12 Open: 0.8402 Close: 0.8407 Mid: 0.8404 | 13 Open: 0.8371 Close: 0.8351 Mid: 0.8366 | 14 Open: 0.8356 Close: 0.8265 Mid: 0.8315 | 15 Open: 0.8300 Close: 0.8434 Mid: 0.8368 | 16 |
17 | 18 Open: 0.8442 Close: 0.8358 Mid: 0.8404 | 19 Open: 0.8353 Close: 0.8341 Mid: 0.8400 | 20 Open: 0.8346 Close: 0.8344 Mid: 0.8325 | 21 Open: 0.8339 Close: 0.8424 Mid: 0.8386 | 22 Open: 0.8429 Close: 0.8357 Mid: 0.8412 | 23 |
24 | 25 Open: 0.8380 Close: 0.8380 Mid: 0.8374 | 26 Open: 0.8375 Close: 0.8460 Mid: 0.8424 | 27 Open: 0.8491 Close: 0.8528 Mid: 0.8526 | 28 Open: 0.8575 Close: 0.8545 Mid: 0.8560 | 29 Open: 0.8571 Close: 0.8641 Mid: 0.8618 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.8641 Close: 0.8705 Mid: 0.8679 | 3 Open: 0.8705 Close: 0.8651 Mid: 0.8688 | 4 Open: 0.8666 Close: 0.8589 Mid: 0.8628 | 5 Open: 0.8589 Close: 0.8606 Mid: 0.8603 | 6 Open: 0.8621 Close: 0.8636 Mid: 0.8619 | 7 |
8 | 9 Open: 0.8628 Close: 0.8563 Mid: 0.8599 | 10 Open: 0.8558 Close: 0.8512 Mid: 0.8542 | 11 Open: 0.8481 Close: 0.8467 Mid: 0.8500 | 12 Open: 0.8487 Close: 0.8530 Mid: 0.8507 | 13 Open: 0.8524 Close: 0.8427 Mid: 0.8476 | 14 |
15 | 16 Open: 0.8406 Close: 0.8357 Mid: 0.8390 | 17 Open: 0.8357 Close: 0.8410 Mid: 0.8386 | 18 Open: 0.8411 Close: 0.8444 Mid: 0.8426 | 19 Open: 0.8383 Close: 0.8292 Mid: 0.8306 | 20 Open: 0.8200 Close: 0.8209 Mid: 0.8213 | 21 |
22 | 23 Open: 0.8239 Close: 0.8222 Mid: 0.8233 | 24 Open: 0.8222 Close: 0.8223 Mid: 0.8218 | 25 Open: 0.8222 Close: 0.8223 Mid: 0.8218 | 26 Open: 0.8222 Close: 0.8223 Mid: 0.8218 | 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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