Best Norwegian Krone / Israeli Sheqel Exchange Rate Today: 0.3208
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 0.3198, and the most competitive travel money / cash rates start at approximately 0.3179.
Live rate: 1 NOK = 0.3208 ILS (-0.07% )
Inverted: 1 ILS = 3.1172 NOK
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 | 0.3208 | 0 | 0.3176 | |||
 | 0.3198 (indicative) | 0 | 0.3198 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 0.3186 (indicative) | 0 | 0.3186 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 0.3208 | 3.03% | 0.3111 | 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. | |
 | 0.3179 | 0 | 0.3179 | 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  | 0.3118 (upper range) | Variable | 0.3118 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 0.3096 (lower range) | Variable | 0.3096 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 0.3064 | 0 | 0.3064 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3540 Close: 0.3541 Mid: 0.3541 | 2 Open: 0.3541 Close: 0.3516 Mid: 0.3545 | 3 Open: 0.3516 Close: 0.3535 Mid: 0.3525 | 4 Open: 0.3536 Close: 0.3552 Mid: 0.3540 | 5 Open: 0.3551 Close: 0.3569 Mid: 0.3564 | 6 | |
7 | 8 Open: 0.3558 Close: 0.3577 Mid: 0.3571 | 9 Open: 0.3578 Close: 0.3601 Mid: 0.3589 | 10 Open: 0.3601 Close: 0.3613 Mid: 0.3623 | 11 Open: 0.3614 Close: 0.3635 Mid: 0.3627 | 12 Open: 0.3635 Close: 0.3626 Mid: 0.3630 | 13 |
14 | 15 Open: 0.3629 Close: 0.3623 Mid: 0.3627 | 16 Open: 0.3626 Close: 0.3602 Mid: 0.3618 | 17 Open: 0.3601 Close: 0.3613 Mid: 0.3605 | 18 Open: 0.3613 Close: 0.3572 Mid: 0.3591 | 19 Open: 0.3572 Close: 0.3567 Mid: 0.3571 | 20 |
21 | 22 Open: 0.3568 Close: 0.3577 Mid: 0.3578 | 23 Open: 0.3579 Close: 0.3573 Mid: 0.3578 | 24 Open: 0.3573 Close: 0.3537 Mid: 0.3557 | 25 Open: 0.3539 Close: 0.3544 Mid: 0.3539 | 26 Open: 0.3544 Close: 0.3537 Mid: 0.3543 | 27 |
28 | 29 Open: 0.3533 Close: 0.3508 Mid: 0.3524 | 30 Open: 0.3507 Close: 0.3507 Mid: 0.3500 | 31 Open: 0.3506 Close: 0.3461 Mid: 0.3485 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3461 Close: 0.3509 Mid: 0.3489 | 2 Open: 0.3512 Close: 0.3443 Mid: 0.3474 | 3 | ||||
4 | 5 Open: 0.3443 Close: 0.3434 Mid: 0.3446 | 6 Open: 0.3435 Close: 0.3443 Mid: 0.3431 | 7 Open: 0.3444 Close: 0.3454 Mid: 0.3445 | 8 Open: 0.3454 Close: 0.3482 Mid: 0.3469 | 9 Open: 0.3483 Close: 0.3479 Mid: 0.3479 | 10 |
11 | 12 Open: 0.3476 Close: 0.3487 Mid: 0.3493 | 13 Open: 0.3486 Close: 0.3439 Mid: 0.3458 | 14 Open: 0.3439 Close: 0.3454 Mid: 0.3446 | 15 Open: 0.3454 Close: 0.3444 Mid: 0.3443 | 16 Open: 0.3443 Close: 0.3432 Mid: 0.3433 | 17 |
18 | 19 Open: 0.3427 Close: 0.3467 Mid: 0.3447 | 20 Open: 0.3467 Close: 0.3502 Mid: 0.3487 | 21 Open: 0.3502 Close: 0.3508 Mid: 0.3510 | 22 Open: 0.3509 Close: 0.3459 Mid: 0.3486 | 23 Open: 0.3459 Close: 0.3445 Mid: 0.3450 | 24 |
25 | 26 Open: 0.3447 Close: 0.3465 Mid: 0.3458 | 27 Open: 0.3465 Close: 0.3425 Mid: 0.3445 | 28 Open: 0.3425 Close: 0.3393 Mid: 0.3408 | 29 Open: 0.3393 Close: 0.3362 Mid: 0.3380 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3363 Close: 0.3391 Mid: 0.3370 | 2 | |||||
3 | 4 Open: 0.3389 Close: 0.3386 Mid: 0.3385 | 5 Open: 0.3386 Close: 0.3393 Mid: 0.3395 | 6 Open: 0.3394 Close: 0.3417 Mid: 0.3411 | 7 Open: 0.3416 Close: 0.3445 Mid: 0.3429 | 8 Open: 0.3445 Close: 0.3428 Mid: 0.3435 | 9 |
10 | 11 Open: 0.3427 Close: 0.3470 Mid: 0.3445 | 12 Open: 0.3470 Close: 0.3482 Mid: 0.3479 | 13 Open: 0.3482 Close: 0.3470 Mid: 0.3484 | 14 Open: 0.3470 Close: 0.3461 Mid: 0.3461 | 15 Open: 0.3461 Close: 0.3468 Mid: 0.3459 | 16 |
17 | 18 Open: 0.3496 Close: 0.3426 Mid: 0.3458 | 19 Open: 0.3427 Close: 0.3449 Mid: 0.3434 | 20 Open: 0.3449 Close: 0.3459 Mid: 0.3441 | 21 Open: 0.3459 Close: 0.3379 Mid: 0.3423 | 22 Open: 0.3379 Close: 0.3386 Mid: 0.3380 | 23 |
24 | 25 Open: 0.3374 Close: 0.3399 Mid: 0.3388 | 26 Open: 0.3399 Close: 0.3407 Mid: 0.3416 | 27 Open: 0.3407 Close: 0.3410 Mid: 0.3410 | 28 Open: 0.3410 Close: 0.3375 Mid: 0.3397 | 29 Open: 0.3375 Close: 0.3411 Mid: 0.3390 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3411 Close: 0.3356 Mid: 0.3383 | 2 Open: 0.3356 Close: 0.3427 Mid: 0.3390 | 3 Open: 0.3427 Close: 0.3464 Mid: 0.3445 | 4 Open: 0.3464 Close: 0.3459 Mid: 0.3470 | 5 Open: 0.3459 Close: 0.3508 Mid: 0.3481 | 6 | |
7 | 8 Open: 0.3505 Close: 0.3445 Mid: 0.3473 | 9 Open: 0.3445 Close: 0.3463 Mid: 0.3459 | 10 Open: 0.3463 Close: 0.3450 Mid: 0.3465 | 11 Open: 0.3450 Close: 0.3470 Mid: 0.3460 | 12 Open: 0.3470 Close: 0.3462 Mid: 0.3458 | 13 |
14 | 15 Open: 0.3458 Close: 0.3431 Mid: 0.3429 | 16 Open: 0.3431 Close: 0.3420 Mid: 0.3421 | 17 Open: 0.3420 Close: 0.3444 Mid: 0.3430 | 18 Open: 0.3444 Close: 0.3431 Mid: 0.3447 | 19 Open: 0.3431 Close: 0.3411 Mid: 0.3432 | 20 |
21 | 22 Open: 0.3402 Close: 0.3438 Mid: 0.3413 | 23 Open: 0.3438 Close: 0.3454 Mid: 0.3437 | 24 Open: 0.3454 Close: 0.3440 Mid: 0.3444 | 25 Open: 0.3440 Close: 0.3471 Mid: 0.3455 | 26 Open: 0.3471 Close: 0.3469 Mid: 0.3465 | 27 |
28 | 29 Open: 0.3514 Close: 0.3420 Mid: 0.3463 | 30 Open: 0.3420 Close: 0.3358 Mid: 0.3390 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3358 Close: 0.3403 Mid: 0.3377 | 2 Open: 0.3402 Close: 0.3390 Mid: 0.3386 | 3 Open: 0.3390 Close: 0.3419 Mid: 0.3408 | 4 | |||
5 | 6 Open: 0.3418 Close: 0.3454 Mid: 0.3440 | 7 Open: 0.3454 Close: 0.3391 Mid: 0.3423 | 8 Open: 0.3391 Close: 0.3403 Mid: 0.3391 | 9 Open: 0.3403 Close: 0.3437 Mid: 0.3417 | 10 Open: 0.3437 Close: 0.3439 Mid: 0.3437 | 11 |
12 | 13 Open: 0.3426 Close: 0.3441 Mid: 0.3433 | 14 Open: 0.3441 Close: 0.3420 Mid: 0.3436 | 15 Open: 0.3420 Close: 0.3442 Mid: 0.3430 | 16 Open: 0.3442 Close: 0.3455 Mid: 0.3448 | 17 Open: 0.3455 Close: 0.3469 Mid: 0.3462 | 18 |
19 | 20 Open: 0.3465 Close: 0.3449 Mid: 0.3468 | 21 Open: 0.3449 Close: 0.3435 Mid: 0.3442 | 22 Open: 0.3435 Close: 0.3433 Mid: 0.3443 | 23 Open: 0.3433 Close: 0.3441 Mid: 0.3443 | 24 Open: 0.3441 Close: 0.3457 Mid: 0.3456 | 25 |
26 | 27 Open: 0.3453 Close: 0.3500 Mid: 0.3478 | 28 Open: 0.3500 Close: 0.3499 Mid: 0.3506 | 29 Open: 0.3499 Close: 0.3496 Mid: 0.3506 | 30 Open: 0.3496 Close: 0.3512 Mid: 0.3511 | 31 Open: 0.3512 Close: 0.3544 Mid: 0.3531 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 0.3538 Close: 0.3508 Mid: 0.3513 | 4 Open: 0.3508 Close: 0.3495 Mid: 0.3495 | 5 Open: 0.3495 Close: 0.3509 Mid: 0.3503 | 6 Open: 0.3509 Close: 0.3534 Mid: 0.3520 | 7 Open: 0.3534 Close: 0.3513 Mid: 0.3520 | 8 |
9 | 10 Open: 0.3515 Close: 0.3520 Mid: 0.3507 | 11 Open: 0.3520 Close: 0.3468 Mid: 0.3492 | 12 Open: 0.3468 Close: 0.3484 Mid: 0.3492 | 13 Open: 0.3484 Close: 0.3490 Mid: 0.3490 | 14 Open: 0.3490 Close: 0.3489 Mid: 0.3485 | 15 |
16 | 17 Open: 0.3485 Close: 0.3492 Mid: 0.3484 | 18 Open: 0.3492 Close: 0.3513 Mid: 0.3496 | 19 Open: 0.3513 Close: 0.3510 Mid: 0.3517 | 20 Open: 0.3510 Close: 0.3529 Mid: 0.3527 | 21 Open: 0.3529 Close: 0.3557 Mid: 0.3546 | 22 |
23 | 24 Open: 0.3557 Close: 0.3532 Mid: 0.3538 | 25 Open: 0.3532 Close: 0.3531 Mid: 0.3534 | 26 Open: 0.3531 Close: 0.3514 Mid: 0.3519 | 27 Open: 0.3514 Close: 0.3527 Mid: 0.3523 | 28 Open: 0.3527 Close: 0.3527 Mid: 0.3528 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3534 Close: 0.3531 Mid: 0.3530 | 2 Open: 0.3531 Close: 0.3533 Mid: 0.3524 | 3 Open: 0.3533 Close: 0.3568 Mid: 0.3550 | 4 Open: 0.3568 Close: 0.3540 Mid: 0.3550 | 5 Open: 0.3540 Close: 0.3506 Mid: 0.3514 | 6 | |
7 | 8 Open: 0.3489 Close: 0.3463 Mid: 0.3484 | 9 Open: 0.3465 Close: 0.3465 Mid: 0.3466 | 10 Open: 0.3465 Close: 0.3416 Mid: 0.3440 | 11 Open: 0.3416 Close: 0.3398 Mid: 0.3391 | 12 Open: 0.3399 Close: 0.3367 Mid: 0.3386 | 13 |
14 | 15 Open: 0.3367 Close: 0.3354 Mid: 0.3360 | 16 Open: 0.3354 Close: 0.3358 Mid: 0.3354 | 17 Open: 0.3358 Close: 0.3394 Mid: 0.3372 | 18 Open: 0.3394 Close: 0.3368 Mid: 0.3382 | 19 Open: 0.3369 Close: 0.3338 Mid: 0.3363 | 20 |
21 | 22 Open: 0.3345 Close: 0.3313 Mid: 0.3326 | 23 Open: 0.3313 Close: 0.3292 Mid: 0.3296 | 24 Open: 0.3292 Close: 0.3308 Mid: 0.3298 | 25 Open: 0.3308 Close: 0.3322 Mid: 0.3310 | 26 Open: 0.3322 Close: 0.3318 Mid: 0.3337 | 27 |
28 | 29 Open: 0.3321 Close: 0.3378 Mid: 0.3363 | 30 Open: 0.3378 Close: 0.3421 Mid: 0.3398 | 31 Open: 0.3421 Close: 0.3450 Mid: 0.3446 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3450 Close: 0.3463 Mid: 0.3474 | 2 Open: 0.3463 Close: 0.3472 Mid: 0.3470 | 3 | ||||
4 | 5 Open: 0.3484 Close: 0.3471 Mid: 0.3472 | 6 Open: 0.3472 Close: 0.3509 Mid: 0.3496 | 7 Open: 0.3509 Close: 0.3505 Mid: 0.3514 | 8 Open: 0.3505 Close: 0.3494 Mid: 0.3500 | 9 Open: 0.3494 Close: 0.3446 Mid: 0.3470 | 10 |
11 | 12 Open: 0.3441 Close: 0.3491 Mid: 0.3476 | 13 Open: 0.3491 Close: 0.3467 Mid: 0.3477 | 14 Open: 0.3467 Close: 0.3471 Mid: 0.3477 | 15 Open: 0.3471 Close: 0.3429 Mid: 0.3457 | 16 Open: 0.3429 Close: 0.3440 Mid: 0.3427 | 17 |
18 | 19 Open: 0.3444 Close: 0.3523 Mid: 0.3477 | 20 Open: 0.3523 Close: 0.3523 Mid: 0.3513 | 21 Open: 0.3523 Close: 0.3547 Mid: 0.3533 | 22 Open: 0.3547 Close: 0.3500 Mid: 0.3527 | 23 Open: 0.3500 Close: 0.3527 Mid: 0.3497 | 24 |
25 | 26 Open: 0.3512 Close: 0.3489 Mid: 0.3494 | 27 Open: 0.3490 Close: 0.3521 Mid: 0.3502 | 28 Open: 0.3521 Close: 0.3479 Mid: 0.3491 | 29 Open: 0.3479 Close: 0.3485 Mid: 0.3490 | 30 Open: 0.3485 Close: 0.3420 Mid: 0.3452 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.3430 Close: 0.3450 Mid: 0.3440 | 3 Open: 0.3450 Close: 0.3453 Mid: 0.3445 | 4 Open: 0.3453 Close: 0.3463 Mid: 0.3468 | 5 Open: 0.3463 Close: 0.3486 Mid: 0.3478 | 6 Open: 0.3486 Close: 0.3478 Mid: 0.3486 | 7 |
8 | 9 Open: 0.3475 Close: 0.3476 Mid: 0.3477 | 10 Open: 0.3476 Close: 0.3468 Mid: 0.3482 | 11 Open: 0.3468 Close: 0.3479 Mid: 0.3475 | 12 Open: 0.3479 Close: 0.3475 Mid: 0.3471 | 13 Open: 0.3475 Close: 0.3479 Mid: 0.3480 | 14 |
15 | 16 Open: 0.3463 Close: 0.3537 Mid: 0.3506 | 17 Open: 0.3537 Close: 0.3564 Mid: 0.3555 | 18 Open: 0.3564 Close: 0.3567 Mid: 0.3573 | 19 Open: 0.3567 Close: 0.3597 Mid: 0.3584 | 20 Open: 0.3597 Close: 0.3607 Mid: 0.3588 | 21 |
22 | 23 Open: 0.3608 Close: 0.3608 Mid: 0.3601 | 24 Open: 0.3608 Close: 0.3610 Mid: 0.3611 | 25 Open: 0.3610 Close: 0.3539 Mid: 0.3578 | 26 Open: 0.3539 Close: 0.3506 Mid: 0.3509 | 27 Open: 0.3506 Close: 0.3523 Mid: 0.3514 | 28 |
29 | 30 Open: 0.3518 Close: 0.3527 Mid: 0.3527 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3527 Close: 0.3539 Mid: 0.3530 | 2 Open: 0.3539 Close: 0.3582 Mid: 0.3570 | 3 Open: 0.3582 Close: 0.3586 Mid: 0.3576 | 4 Open: 0.3586 Close: 0.3580 Mid: 0.3587 | 5 | ||
6 | 7 Open: 0.3569 Close: 0.3561 Mid: 0.3566 | 8 Open: 0.3561 Close: 0.3513 Mid: 0.3537 | 9 Open: 0.3513 Close: 0.3494 Mid: 0.3492 | 10 Open: 0.3494 Close: 0.3511 Mid: 0.3494 | 11 Open: 0.3510 Close: 0.3514 Mid: 0.3505 | 12 |
13 | 14 Open: 0.3501 Close: 0.3484 Mid: 0.3502 | 15 Open: 0.3484 Close: 0.3473 Mid: 0.3473 | 16 Open: 0.3473 Close: 0.3441 Mid: 0.3465 | 17 Open: 0.3441 Close: 0.3419 Mid: 0.3433 | 18 Open: 0.3419 Close: 0.3402 Mid: 0.3410 | 19 |
20 | 21 Open: 0.3401 Close: 0.3452 Mid: 0.3432 | 22 Open: 0.3452 Close: 0.3451 Mid: 0.3457 | 23 Open: 0.3451 Close: 0.3451 Mid: 0.3448 | 24 Open: 0.3451 Close: 0.3468 Mid: 0.3460 | 25 Open: 0.3468 Close: 0.3454 Mid: 0.3463 | 26 |
27 | 28 Open: 0.3465 Close: 0.3395 Mid: 0.3420 | 29 Open: 0.3395 Close: 0.3396 Mid: 0.3401 | 30 Open: 0.3396 Close: 0.3376 Mid: 0.3389 | 31 Open: 0.3376 Close: 0.3401 Mid: 0.3388 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3401 Close: 0.3392 Mid: 0.3399 | 2 | |||||
3 | 4 Open: 0.3415 Close: 0.3408 Mid: 0.3415 | 5 Open: 0.3408 Close: 0.3420 Mid: 0.3416 | 6 Open: 0.3420 Close: 0.3375 Mid: 0.3388 | 7 Open: 0.3375 Close: 0.3424 Mid: 0.3401 | 8 Open: 0.3424 Close: 0.3409 Mid: 0.3411 | 9 |
10 | 11 Open: 0.3403 Close: 0.3399 Mid: 0.3390 | 12 Open: 0.3398 Close: 0.3393 Mid: 0.3392 | 13 Open: 0.3393 Close: 0.3372 Mid: 0.3383 | 14 Open: 0.3372 Close: 0.3353 Mid: 0.3370 | 15 Open: 0.3353 Close: 0.3381 Mid: 0.3370 | 16 |
17 | 18 Open: 0.3373 Close: 0.3399 Mid: 0.3377 | 19 Open: 0.3399 Close: 0.3409 Mid: 0.3397 | 20 Open: 0.3409 Close: 0.3378 Mid: 0.3394 | 21 Open: 0.3378 Close: 0.3354 Mid: 0.3368 | 22 Open: 0.3354 Close: 0.3344 Mid: 0.3343 | 23 |
24 | 25 Open: 0.3357 Close: 0.3283 Mid: 0.3321 | 26 Open: 0.3283 Close: 0.3266 Mid: 0.3277 | 27 Open: 0.3266 Close: 0.3309 Mid: 0.3290 | 28 Open: 0.3309 Close: 0.3307 Mid: 0.3302 | 29 Open: 0.3307 Close: 0.3293 Mid: 0.3297 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.3299 Close: 0.3288 Mid: 0.3277 | 3 Open: 0.3288 Close: 0.3275 Mid: 0.3281 | 4 Open: 0.3275 Close: 0.3269 Mid: 0.3268 | 5 Open: 0.3269 Close: 0.3261 Mid: 0.3266 | 6 Open: 0.3261 Close: 0.3211 Mid: 0.3235 | 7 |
8 | 9 Open: 0.3212 Close: 0.3204 Mid: 0.3201 | 10 Open: 0.3204 Close: 0.3219 Mid: 0.3215 | 11 Open: 0.3219 Close: 0.3212 Mid: 0.3210 | 12 Open: 0.3212 Close: 0.3192 Mid: 0.3211 | 13 Open: 0.3192 Close: 0.3235 Mid: 0.3217 | 14 |
15 | 16 Open: 0.3230 Close: 0.3217 Mid: 0.3227 | 17 Open: 0.3217 Close: 0.3209 Mid: 0.3214 | 18 Open: 0.3209 Close: 0.3150 Mid: 0.3186 | 19 Open: 0.3149 Close: 0.3188 Mid: 0.3178 | 20 Open: 0.3188 Close: 0.3226 Mid: 0.3205 | 21 |
22 | 23 Open: 0.3228 Close: 0.3226 Mid: 0.3219 | 24 Open: 0.3226 Close: 0.3208 Mid: 0.3217 | 25 Open: 0.3226 Close: 0.3208 Mid: 0.3217 | 26 Open: 0.3208 Close: 0.3214 Mid: 0.3209 | 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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