Best Japanese Yen / South Korean Won Exchange Rate Today: 9.3159
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 9.2880, and the most competitive travel money / cash rates start at approximately 9.2321.
Live rate: 1 JPY = 9.3159 KRW (+0.4% )
Inverted: 1 KRW = 0.1073 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 | 9.3159 | 0 | 9.2227 | |||
9.2880 (indicative) | 0 | 9.2880 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | ||
9.2507 (indicative) | 0 | 9.2507 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | ||
9.3159 | 28.3% | 6.6795 | 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. | ||
9.2321 | 0 | 9.2321 | 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 | 9.0551 (upper range) | Variable | 9.0551 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 8.9898 (lower range) | Variable | 8.9898 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal | 8.8967 | 0 | 8.8967 | International Payments and Transfers |
« | » |
January - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 9.1900 Close: 9.1900 Mid: 9.1900 | 2 Open: 9.1895 Close: 9.2449 Mid: 9.2149 | 3 Open: 9.2437 Close: 9.1431 Mid: 9.1720 | 4 Open: 9.1427 Close: 9.0892 Mid: 9.1175 | 5 Open: 9.0893 Close: 9.0929 Mid: 9.0755 | 6 | |
7 | 8 Open: 9.0860 Close: 9.1029 Mid: 9.1182 | 9 Open: 9.1011 Close: 9.1407 Mid: 9.1388 | 10 Open: 9.1393 Close: 9.0493 Mid: 9.0932 | 11 Open: 9.0512 Close: 9.0482 Mid: 9.0379 | 12 Open: 9.0478 Close: 9.0645 Mid: 9.0565 | 13 |
14 | 15 Open: 9.0512 Close: 9.0598 Mid: 9.0643 | 16 Open: 9.0599 Close: 9.0965 Mid: 9.0891 | 17 Open: 9.0935 Close: 9.0782 Mid: 9.0862 | 18 Open: 9.0809 Close: 9.0377 Mid: 9.0564 | 19 Open: 9.0347 Close: 9.0038 Mid: 9.0142 | 20 |
21 | 22 Open: 9.0017 Close: 9.0429 Mid: 9.0331 | 23 Open: 9.0447 Close: 9.0194 Mid: 9.0306 | 24 Open: 9.0196 Close: 9.0402 Mid: 9.0431 | 25 Open: 9.0392 Close: 9.0524 Mid: 9.0522 | 26 Open: 9.0543 Close: 9.0268 Mid: 9.0369 | 27 |
28 | 29 Open: 9.0278 Close: 9.0411 Mid: 9.0301 | 30 Open: 9.0420 Close: 9.0031 Mid: 9.0340 | 31 Open: 9.0032 Close: 9.0824 Mid: 9.0526 |
February - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 9.0824 Close: 9.0825 Mid: 9.0924 | 2 Open: 9.0813 Close: 9.0246 Mid: 9.0309 | 3 | ||||
4 | 5 Open: 9.0174 Close: 8.9727 Mid: 8.9952 | 6 Open: 8.9729 Close: 8.9735 Mid: 8.9493 | 7 Open: 8.9718 Close: 8.9671 Mid: 8.9609 | 8 Open: 8.9668 Close: 8.9216 Mid: 8.9424 | 9 Open: 8.9239 Close: 8.9198 Mid: 8.9144 | 10 |
11 | 12 Open: 8.9262 Close: 8.8988 Mid: 8.9209 | 13 Open: 8.9004 Close: 8.8959 Mid: 8.8903 | 14 Open: 8.8940 Close: 8.8375 Mid: 8.8736 | 15 Open: 8.8358 Close: 8.8628 Mid: 8.8685 | 16 Open: 8.8611 Close: 8.8742 Mid: 8.8516 | 17 |
18 | 19 Open: 8.8704 Close: 8.8914 Mid: 8.8956 | 20 Open: 8.8920 Close: 8.8946 Mid: 8.8918 | 21 Open: 8.8944 Close: 8.8682 Mid: 8.8903 | 22 Open: 8.8659 Close: 8.8191 Mid: 8.8307 | 23 Open: 8.8193 Close: 8.8384 Mid: 8.8309 | 24 |
25 | 26 Open: 8.8430 Close: 8.8397 Mid: 8.8399 | 27 Open: 8.8415 Close: 8.8530 Mid: 8.8520 | 28 Open: 8.8526 Close: 8.8661 Mid: 8.8685 | 29 Open: 8.8640 Close: 8.9062 Mid: 8.8890 |
March - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 8.9067 Close: 8.8739 Mid: 8.8805 | 2 | |||||
3 | 4 Open: 8.8834 Close: 8.8493 Mid: 8.8604 | 5 Open: 8.8493 Close: 8.9065 Mid: 8.8816 | 6 Open: 8.9077 Close: 8.9048 Mid: 8.9142 | 7 Open: 8.9052 Close: 8.9458 Mid: 8.9506 | 8 Open: 8.9453 Close: 8.9564 Mid: 8.9586 | 9 |
10 | 11 Open: 8.9739 Close: 8.9271 Mid: 8.9455 | 12 Open: 8.9266 Close: 8.8862 Mid: 8.8996 | 13 Open: 8.8862 Close: 8.8939 Mid: 8.8963 | 14 Open: 8.8938 Close: 8.9291 Mid: 8.9080 | 15 Open: 8.9296 Close: 8.9279 Mid: 8.9360 | 16 |
17 | 18 Open: 8.9165 Close: 8.9633 Mid: 8.9418 | 19 Open: 8.9638 Close: 8.8653 Mid: 8.9083 | 20 Open: 8.8653 Close: 8.7986 Mid: 8.8360 | 21 Open: 8.7980 Close: 8.8084 Mid: 8.7994 | 22 Open: 8.8089 Close: 8.8831 Mid: 8.8364 | 23 |
24 | 25 Open: 8.8378 Close: 8.8488 Mid: 8.8557 | 26 Open: 8.8489 Close: 8.8683 Mid: 8.8498 | 27 Open: 8.8683 Close: 8.9299 Mid: 8.9023 | 28 Open: 8.9304 Close: 8.9214 Mid: 8.9143 | 29 Open: 8.9218 Close: 8.8984 Mid: 8.9069 | 30 |
31 |
April - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 8.8766 Close: 8.9372 Mid: 8.9151 | 2 Open: 8.9359 Close: 8.9215 Mid: 8.9191 | 3 Open: 8.9210 Close: 8.8703 Mid: 8.8883 | 4 Open: 8.8697 Close: 8.9301 Mid: 8.8963 | 5 Open: 8.9307 Close: 8.9107 Mid: 8.9305 | 6 | |
7 | 8 Open: 8.9031 Close: 8.9214 Mid: 8.9179 | 9 Open: 8.9213 Close: 8.9109 Mid: 8.9104 | 10 Open: 8.9110 Close: 8.9043 Mid: 8.9123 | 11 Open: 8.9045 Close: 8.9297 Mid: 8.9253 | 12 Open: 8.9303 Close: 9.0056 Mid: 9.0018 | 13 |
14 | 15 Open: 8.9921 Close: 8.9981 Mid: 8.9998 | 16 Open: 8.9980 Close: 8.9855 Mid: 9.0163 | 17 Open: 8.9861 Close: 8.9388 Mid: 8.9665 | 18 Open: 8.9382 Close: 8.9283 Mid: 8.9155 | 19 Open: 8.9283 Close: 8.8921 Mid: 8.9459 | 20 |
21 | 22 Open: 8.8666 Close: 8.9091 Mid: 8.9262 | 23 Open: 8.9098 Close: 8.8737 Mid: 8.8904 | 24 Open: 8.8731 Close: 8.8698 Mid: 8.8634 | 25 Open: 8.8698 Close: 8.8151 Mid: 8.8465 | 26 Open: 8.8155 Close: 8.7011 Mid: 8.7749 | 27 |
28 | 29 Open: 8.7958 Close: 8.7959 Mid: 8.7862 | 30 Open: 8.7964 Close: 8.7823 Mid: 8.7946 |
May - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 8.7828 Close: 8.9203 Mid: 8.8868 | 2 Open: 8.9199 Close: 8.9050 Mid: 8.8820 | 3 Open: 8.9047 Close: 8.8649 Mid: 8.8960 | 4 | |||
5 | 6 Open: 8.8569 Close: 8.8053 Mid: 8.8492 | 7 Open: 8.8054 Close: 8.7883 Mid: 8.7994 | 8 Open: 8.7882 Close: 8.7772 Mid: 8.7754 | 9 Open: 8.7775 Close: 8.7893 Mid: 8.7915 | 10 Open: 8.7886 Close: 8.8017 Mid: 8.7931 | 11 |
12 | 13 Open: 8.8100 Close: 8.7537 Mid: 8.7736 | 14 Open: 8.7532 Close: 8.7264 Mid: 8.7441 | 15 Open: 8.7269 Close: 8.7403 Mid: 8.7248 | 16 Open: 8.7397 Close: 8.6872 Mid: 8.7252 | 17 Open: 8.6868 Close: 8.6988 Mid: 8.6851 | 18 |
19 | 20 Open: 8.6947 Close: 8.7137 Mid: 8.7131 | 21 Open: 8.7133 Close: 8.7370 Mid: 8.7192 | 22 Open: 8.7370 Close: 8.7157 Mid: 8.7251 | 23 Open: 8.7158 Close: 8.7222 Mid: 8.7040 | 24 Open: 8.7219 Close: 8.7023 Mid: 8.7093 | 25 |
26 | 27 Open: 8.7023 Close: 8.6816 Mid: 8.6918 | 28 Open: 8.6821 Close: 8.6771 Mid: 8.6672 | 29 Open: 8.6773 Close: 8.6981 Mid: 8.6885 | 30 Open: 8.6984 Close: 8.7756 Mid: 8.7503 | 31 Open: 8.7759 Close: 8.7936 Mid: 8.7894 |
June - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 8.7852 Close: 8.7880 Mid: 8.7838 | 4 Open: 8.7885 Close: 8.8739 Mid: 8.8470 | 5 Open: 8.8733 Close: 8.7740 Mid: 8.8216 | 6 Open: 8.7741 Close: 8.7685 Mid: 8.7703 | 7 Open: 8.7691 Close: 8.8049 Mid: 8.7888 | 8 |
9 | 10 Open: 8.8080 Close: 8.7534 Mid: 8.7835 | 11 Open: 8.7538 Close: 8.7739 Mid: 8.7652 | 12 Open: 8.7734 Close: 8.7486 Mid: 8.7543 | 13 Open: 8.7480 Close: 8.7661 Mid: 8.7452 | 14 Open: 8.7659 Close: 8.7885 Mid: 8.7760 | 15 |
16 | 17 Open: 8.7856 Close: 8.7484 Mid: 8.7677 | 18 Open: 8.7480 Close: 8.7402 Mid: 8.7537 | 19 Open: 8.7398 Close: 8.7441 Mid: 8.7475 | 20 Open: 8.7435 Close: 8.7619 Mid: 8.7515 | 21 Open: 8.7624 Close: 8.6911 Mid: 8.7395 | 22 |
23 | 24 Open: 8.6915 Close: 8.6880 Mid: 8.7058 | 25 Open: 8.6875 Close: 8.7136 Mid: 8.7053 | 26 Open: 8.7141 Close: 8.6705 Mid: 8.6874 | 27 Open: 8.6710 Close: 8.6322 Mid: 8.6511 | 28 Open: 8.6317 Close: 8.5876 Mid: 8.6033 | 29 |
30 |
July - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 8.5923 Close: 8.5728 Mid: 8.5750 | 2 Open: 8.5719 Close: 8.5834 Mid: 8.5782 | 3 Open: 8.5840 Close: 8.5820 Mid: 8.5827 | 4 Open: 8.5821 Close: 8.5646 Mid: 8.5768 | 5 Open: 8.5636 Close: 8.5685 Mid: 8.5752 | 6 | |
7 | 8 Open: 8.5718 Close: 8.6054 Mid: 8.5895 | 9 Open: 8.6055 Close: 8.5778 Mid: 8.5875 | 10 Open: 8.5778 Close: 8.5574 Mid: 8.5674 | 11 Open: 8.5575 Close: 8.6361 Mid: 8.6179 | 12 Open: 8.6363 Close: 8.7099 Mid: 8.6730 | 13 |
14 | 15 Open: 8.7092 Close: 8.7616 Mid: 8.7419 | 16 Open: 8.7614 Close: 8.7344 Mid: 8.7436 | 17 Open: 8.7340 Close: 8.8330 Mid: 8.7772 | 18 Open: 8.8331 Close: 8.8083 Mid: 8.8380 | 19 Open: 8.8087 Close: 8.8241 Mid: 8.8127 | 20 |
21 | 22 Open: 8.8261 Close: 8.8348 Mid: 8.8529 | 23 Open: 8.8354 Close: 8.9088 Mid: 8.8702 | 24 Open: 8.9087 Close: 8.9932 Mid: 8.9537 | 25 Open: 8.9936 Close: 8.9893 Mid: 9.0332 | 26 Open: 8.9893 Close: 9.0079 Mid: 8.9885 | 27 |
28 | 29 Open: 9.0200 Close: 8.9716 Mid: 8.9925 | 30 Open: 8.9722 Close: 9.0623 Mid: 8.9924 | 31 Open: 9.0616 Close: 9.1289 Mid: 9.0709 |
August - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 9.1294 Close: 9.1728 Mid: 9.1395 | 2 Open: 9.1738 Close: 9.2679 Mid: 9.2306 | 3 | ||||
4 | 5 Open: 9.2681 Close: 9.4895 Mid: 9.4818 | 6 Open: 9.4890 Close: 9.5299 Mid: 9.4662 | 7 Open: 9.5294 Close: 9.3759 Mid: 9.4154 | 8 Open: 9.3766 Close: 9.3296 Mid: 9.3951 | 9 Open: 9.3293 Close: 9.3110 Mid: 9.3109 | 10 |
11 | 12 Open: 9.2933 Close: 9.3095 Mid: 9.2778 | 13 Open: 9.3097 Close: 9.2872 Mid: 9.2856 | 14 Open: 9.2876 Close: 9.2238 Mid: 9.2597 | 15 Open: 9.2232 Close: 9.1432 Mid: 9.1827 | 16 Open: 9.1432 Close: 9.1460 Mid: 9.1553 | 17 |
18 | 19 Open: 9.1447 Close: 9.0879 Mid: 9.1458 | 20 Open: 9.0880 Close: 9.1455 Mid: 9.0959 | 21 Open: 9.1465 Close: 9.1944 Mid: 9.1474 | 22 Open: 9.1954 Close: 9.1775 Mid: 9.1839 | 23 Open: 9.1776 Close: 9.1700 Mid: 9.1716 | 24 |
25 | 26 Open: 9.1629 Close: 9.1939 Mid: 9.1981 | 27 Open: 9.1939 Close: 9.2213 Mid: 9.1896 | 28 Open: 9.2209 Close: 9.2473 Mid: 9.2420 | 29 Open: 9.2477 Close: 9.2031 Mid: 9.2133 | 30 Open: 9.2031 Close: 9.1512 Mid: 9.1851 | 31 |
September - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 9.1418 Close: 9.1087 Mid: 9.1374 | 3 Open: 9.1089 Close: 9.2195 Mid: 9.1712 | 4 Open: 9.2190 Close: 9.2889 Mid: 9.2573 | 5 Open: 9.2890 Close: 9.2972 Mid: 9.2942 | 6 Open: 9.2967 Close: 9.4073 Mid: 9.3288 | 7 |
8 | 9 Open: 9.3980 Close: 9.3771 Mid: 9.3879 | 10 Open: 9.3766 Close: 9.4357 Mid: 9.3968 | 11 Open: 9.4351 Close: 9.4122 Mid: 9.4671 | 12 Open: 9.4122 Close: 9.4240 Mid: 9.4114 | 13 Open: 9.4251 Close: 9.4407 Mid: 9.4380 | 14 |
15 | 16 Open: 9.4349 Close: 9.3965 Mid: 9.4165 | 17 Open: 9.3955 Close: 9.3080 Mid: 9.3460 | 18 Open: 9.3080 Close: 9.3082 Mid: 9.3454 | 19 Open: 9.3077 Close: 9.3161 Mid: 9.2954 | 20 Open: 9.3155 Close: 9.2588 Mid: 9.2965 | 21 |
22 | 23 Open: 9.2645 Close: 9.2905 Mid: 9.2987 | 24 Open: 9.2901 Close: 9.2615 Mid: 9.2686 | 25 Open: 9.2617 Close: 9.2337 Mid: 9.2469 | 26 Open: 9.2331 Close: 9.0739 Mid: 9.1580 | 27 Open: 9.0738 Close: 9.2140 Mid: 9.1232 | 28 |
29 | 30 Open: 9.2201 Close: 9.1839 Mid: 9.1944 |
October - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 9.1838 Close: 9.2288 Mid: 9.2047 | 2 Open: 9.2293 Close: 9.0464 Mid: 9.1234 | 3 Open: 9.0464 Close: 9.0843 Mid: 9.0679 | 4 Open: 9.0843 Close: 9.0577 Mid: 9.0930 | 5 | ||
6 | 7 Open: 9.0442 Close: 9.0815 Mid: 9.0685 | 8 Open: 9.0821 Close: 9.0510 Mid: 9.1024 | 9 Open: 9.0506 Close: 9.0266 Mid: 9.0422 | 10 Open: 9.0260 Close: 9.0907 Mid: 9.0586 | 11 Open: 9.0903 Close: 9.0485 Mid: 9.0592 | 12 |
13 | 14 Open: 9.0463 Close: 9.0701 Mid: 9.0559 | 15 Open: 9.0696 Close: 9.1445 Mid: 9.1139 | 16 Open: 9.1452 Close: 9.1188 Mid: 9.1356 | 17 Open: 9.1193 Close: 9.1296 Mid: 9.1285 | 18 Open: 9.1290 Close: 9.1569 Mid: 9.1429 | 19 |
20 | 21 Open: 9.1444 Close: 9.1469 Mid: 9.1677 | 22 Open: 9.1469 Close: 9.1334 Mid: 9.1445 | 23 Open: 9.1329 Close: 9.0377 Mid: 9.0756 | 24 Open: 9.0382 Close: 9.0842 Mid: 9.0657 | 25 Open: 9.0836 Close: 9.1172 Mid: 9.1204 | 26 |
27 | 28 Open: 9.0699 Close: 9.0194 Mid: 9.0508 | 29 Open: 9.0200 Close: 9.0268 Mid: 9.0311 | 30 Open: 9.0268 Close: 8.9888 Mid: 9.0145 | 31 Open: 8.9893 Close: 9.0353 Mid: 9.0303 |
November - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 9.0357 Close: 9.0234 Mid: 9.0237 | 2 | |||||
3 | 4 Open: 9.0698 Close: 9.0331 Mid: 9.0518 | 5 Open: 9.0336 Close: 9.0905 Mid: 9.0579 | 6 Open: 9.0915 Close: 9.0658 Mid: 9.0725 | 7 Open: 9.0653 Close: 9.0343 Mid: 9.0542 | 8 Open: 9.0334 Close: 9.1597 Mid: 9.0949 | 9 |
10 | 11 Open: 9.1468 Close: 9.1162 Mid: 9.1141 | 12 Open: 9.1163 Close: 9.1071 Mid: 9.1134 | 13 Open: 9.1071 Close: 9.0476 Mid: 9.0665 | 14 Open: 9.0467 Close: 9.0001 Mid: 9.0178 | 15 Open: 8.9991 Close: 9.0370 Mid: 9.0170 | 16 |
17 | 18 Open: 9.0483 Close: 8.9997 Mid: 9.0214 | 19 Open: 8.9998 Close: 9.0105 Mid: 9.0497 | 20 Open: 9.0099 Close: 9.0040 Mid: 8.9760 | 21 Open: 9.0035 Close: 9.0612 Mid: 9.0365 | 22 Open: 9.0622 Close: 9.0690 Mid: 9.0868 | 23 |
24 | 25 Open: 9.1145 Close: 9.0805 Mid: 9.0945 | 26 Open: 9.0810 Close: 9.1270 Mid: 9.1021 | 27 Open: 9.1265 Close: 9.2075 Mid: 9.1826 | 28 Open: 9.2081 Close: 9.2089 Mid: 9.2097 | 29 Open: 9.2084 Close: 9.3204 Mid: 9.2751 | 30 |
December - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 9.3219 Close: 9.3926 Mid: 9.3678 | 3 Open: 9.3926 Close: 9.4677 Mid: 9.4905 | 4 Open: 9.4670 Close: 9.3839 Mid: 9.4133 | 5 Open: 9.3870 Close: 9.4328 Mid: 9.4188 | 6 Open: 9.4322 Close: 9.4975 Mid: 9.4468 | 7 |
8 | 9 Open: 9.4868 Close: 9.4495 Mid: 9.4970 | 10 Open: 9.4495 Close: 9.4448 Mid: 9.4486 | 11 Open: 9.4449 Close: 9.3705 Mid: 9.4355 | 12 Open: 9.3706 Close: 9.3742 Mid: 9.3923 | 13 Open: 9.3741 Close: 9.3446 Mid: 9.3605 | 14 |
15 | 16 Open: 9.3166 Close: 9.3304 Mid: 9.3366 | 17 Open: 9.3295 Close: 9.3763 Mid: 9.3439 | 18 Open: 9.3756 Close: 9.3932 Mid: 9.3785 | 19 Open: 9.3921 Close: 9.1808 Mid: 9.2669 | 20 Open: 9.1816 Close: 9.2352 Mid: 9.2249 | 21 |
22 | 23 Open: 9.2408 Close: 9.2386 Mid: 9.2565 | 24 Open: 9.2394 Close: 9.2839 Mid: 9.2590 | 25 Open: 9.2394 Close: 9.2839 Mid: 9.2590 | 26 Open: 9.2784 Close: 9.2985 Mid: 9.2643 | 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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