Best Norwegian Krone / Romanian Leu Exchange Rate Today: 0.4210
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 0.4197, and the most competitive travel money / cash rates start at approximately 0.4172.
Live rate: 1 NOK = 0.4210 RON (-0.0237% )
Inverted: 1 RON = 2.3753 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 | 0.4210 | 0 | 0.4168 | |||
 | 0.4197 (indicative) | 0 | 0.4197 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 0.4181 (indicative) | 0 | 0.4181 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 0.4210 | 1.32% | 0.4154 | 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. | |
 | 0.4172 | 0 | 0.4172 | 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  | 0.4092 (upper range) | Variable | 0.4092 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 0.4063 (lower range) | Variable | 0.4063 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 0.4021 | 0 | 0.4021 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4430 Close: 0.4430 Mid: 0.4430 | 2 Open: 0.4430 Close: 0.4387 Mid: 0.4416 | 3 Open: 0.4387 Close: 0.4395 Mid: 0.4391 | 4 Open: 0.4397 Close: 0.4413 Mid: 0.4402 | 5 Open: 0.4412 Close: 0.4409 Mid: 0.4409 | 6 | |
7 | 8 Open: 0.4393 Close: 0.4373 Mid: 0.4385 | 9 Open: 0.4374 Close: 0.4388 Mid: 0.4384 | 10 Open: 0.4388 Close: 0.4383 Mid: 0.4393 | 11 Open: 0.4383 Close: 0.4392 Mid: 0.4389 | 12 Open: 0.4392 Close: 0.4411 Mid: 0.4404 | 13 |
14 | 15 Open: 0.4415 Close: 0.4385 Mid: 0.4399 | 16 Open: 0.4389 Close: 0.4375 Mid: 0.4380 | 17 Open: 0.4375 Close: 0.4354 Mid: 0.4364 | 18 Open: 0.4354 Close: 0.4343 Mid: 0.4350 | 19 Open: 0.4344 Close: 0.4349 Mid: 0.4356 | 20 |
21 | 22 Open: 0.4355 Close: 0.4349 Mid: 0.4353 | 23 Open: 0.4351 Close: 0.4365 Mid: 0.4356 | 24 Open: 0.4365 Close: 0.4367 Mid: 0.4367 | 25 Open: 0.4368 Close: 0.4398 Mid: 0.4382 | 26 Open: 0.4398 Close: 0.4404 Mid: 0.4397 | 27 |
28 | 29 Open: 0.4399 Close: 0.4408 Mid: 0.4403 | 30 Open: 0.4407 Close: 0.4386 Mid: 0.4399 | 31 Open: 0.4385 Close: 0.4377 Mid: 0.4387 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4376 Close: 0.4376 Mid: 0.4380 | 2 Open: 0.4380 Close: 0.4345 Mid: 0.4361 | 3 | ||||
4 | 5 Open: 0.4342 Close: 0.4332 Mid: 0.4346 | 6 Open: 0.4333 Close: 0.4370 Mid: 0.4347 | 7 Open: 0.4371 Close: 0.4368 Mid: 0.4365 | 8 Open: 0.4368 Close: 0.4349 Mid: 0.4360 | 9 Open: 0.4350 Close: 0.4377 Mid: 0.4361 | 10 |
11 | 12 Open: 0.4371 Close: 0.4400 Mid: 0.4384 | 13 Open: 0.4399 Close: 0.4349 Mid: 0.4376 | 14 Open: 0.4349 Close: 0.4380 Mid: 0.4367 | 15 Open: 0.4380 Close: 0.4389 Mid: 0.4382 | 16 Open: 0.4388 Close: 0.4392 Mid: 0.4390 | 17 |
18 | 19 Open: 0.4389 Close: 0.4408 Mid: 0.4401 | 20 Open: 0.4407 Close: 0.4394 Mid: 0.4394 | 21 Open: 0.4393 Close: 0.4383 Mid: 0.4389 | 22 Open: 0.4384 Close: 0.4368 Mid: 0.4384 | 23 Open: 0.4369 Close: 0.4364 Mid: 0.4366 | 24 |
25 | 26 Open: 0.4363 Close: 0.4358 Mid: 0.4358 | 27 Open: 0.4359 Close: 0.4345 Mid: 0.4351 | 28 Open: 0.4345 Close: 0.4327 Mid: 0.4339 | 29 Open: 0.4327 Close: 0.4331 Mid: 0.4329 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4332 Close: 0.4357 Mid: 0.4342 | 2 | |||||
3 | 4 Open: 0.4356 Close: 0.4333 Mid: 0.4346 | 5 Open: 0.4333 Close: 0.4332 Mid: 0.4336 | 6 Open: 0.4333 Close: 0.4349 Mid: 0.4336 | 7 Open: 0.4349 Close: 0.4364 Mid: 0.4360 | 8 Open: 0.4364 Close: 0.4353 Mid: 0.4365 | 9 |
10 | 11 Open: 0.4351 Close: 0.4345 Mid: 0.4345 | 12 Open: 0.4345 Close: 0.4322 Mid: 0.4335 | 13 Open: 0.4322 Close: 0.4332 Mid: 0.4330 | 14 Open: 0.4332 Close: 0.4321 Mid: 0.4328 | 15 Open: 0.4322 Close: 0.4302 Mid: 0.4313 | 16 |
17 | 18 Open: 0.4341 Close: 0.4288 Mid: 0.4310 | 19 Open: 0.4288 Close: 0.4298 Mid: 0.4292 | 20 Open: 0.4298 Close: 0.4309 Mid: 0.4300 | 21 Open: 0.4308 Close: 0.4295 Mid: 0.4307 | 22 Open: 0.4295 Close: 0.4274 Mid: 0.4282 | 23 |
24 | 25 Open: 0.4262 Close: 0.4280 Mid: 0.4278 | 26 Open: 0.4280 Close: 0.4266 Mid: 0.4279 | 27 Open: 0.4266 Close: 0.4256 Mid: 0.4269 | 28 Open: 0.4256 Close: 0.4242 Mid: 0.4252 | 29 Open: 0.4242 Close: 0.4254 Mid: 0.4246 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4249 Close: 0.4226 Mid: 0.4238 | 2 Open: 0.4229 Close: 0.4254 Mid: 0.4241 | 3 Open: 0.4255 Close: 0.4275 Mid: 0.4265 | 4 Open: 0.4275 Close: 0.4271 Mid: 0.4278 | 5 Open: 0.4271 Close: 0.4272 Mid: 0.4271 | 6 | |
7 | 8 Open: 0.4268 Close: 0.4283 Mid: 0.4278 | 9 Open: 0.4283 Close: 0.4286 Mid: 0.4289 | 10 Open: 0.4286 Close: 0.4274 Mid: 0.4285 | 11 Open: 0.4274 Close: 0.4279 Mid: 0.4272 | 12 Open: 0.4279 Close: 0.4285 Mid: 0.4283 | 13 |
14 | 15 Open: 0.4283 Close: 0.4279 Mid: 0.4281 | 16 Open: 0.4279 Close: 0.4267 Mid: 0.4268 | 17 Open: 0.4267 Close: 0.4247 Mid: 0.4256 | 18 Open: 0.4247 Close: 0.4228 Mid: 0.4238 | 19 Open: 0.4228 Close: 0.4260 Mid: 0.4244 | 20 |
21 | 22 Open: 0.4234 Close: 0.4248 Mid: 0.4240 | 23 Open: 0.4248 Close: 0.4260 Mid: 0.4247 | 24 Open: 0.4260 Close: 0.4228 Mid: 0.4250 | 25 Open: 0.4229 Close: 0.4232 Mid: 0.4231 | 26 Open: 0.4232 Close: 0.4214 Mid: 0.4225 | 27 |
28 | 29 Open: 0.4225 Close: 0.4221 Mid: 0.4224 | 30 Open: 0.4221 Close: 0.4196 Mid: 0.4208 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4196 Close: 0.4207 Mid: 0.4202 | 2 Open: 0.4207 Close: 0.4220 Mid: 0.4208 | 3 Open: 0.4220 Close: 0.4250 Mid: 0.4241 | 4 | |||
5 | 6 Open: 0.4252 Close: 0.4262 Mid: 0.4260 | 7 Open: 0.4262 Close: 0.4246 Mid: 0.4253 | 8 Open: 0.4246 Close: 0.4242 Mid: 0.4238 | 9 Open: 0.4242 Close: 0.4252 Mid: 0.4246 | 10 Open: 0.4252 Close: 0.4260 Mid: 0.4258 | 11 |
12 | 13 Open: 0.4244 Close: 0.4261 Mid: 0.4253 | 14 Open: 0.4261 Close: 0.4254 Mid: 0.4261 | 15 Open: 0.4254 Close: 0.4283 Mid: 0.4270 | 16 Open: 0.4283 Close: 0.4278 Mid: 0.4281 | 17 Open: 0.4278 Close: 0.4283 Mid: 0.4279 | 18 |
19 | 20 Open: 0.4281 Close: 0.4279 Mid: 0.4282 | 21 Open: 0.4279 Close: 0.4295 Mid: 0.4288 | 22 Open: 0.4295 Close: 0.4293 Mid: 0.4296 | 23 Open: 0.4293 Close: 0.4309 Mid: 0.4307 | 24 Open: 0.4309 Close: 0.4334 Mid: 0.4325 | 25 |
26 | 27 Open: 0.4330 Close: 0.4366 Mid: 0.4347 | 28 Open: 0.4366 Close: 0.4361 Mid: 0.4364 | 29 Open: 0.4361 Close: 0.4350 Mid: 0.4360 | 30 Open: 0.4350 Close: 0.4353 Mid: 0.4353 | 31 Open: 0.4353 Close: 0.4367 Mid: 0.4362 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 0.4366 Close: 0.4366 Mid: 0.4369 | 4 Open: 0.4365 Close: 0.4331 Mid: 0.4341 | 5 Open: 0.4331 Close: 0.4321 Mid: 0.4331 | 6 Open: 0.4321 Close: 0.4329 Mid: 0.4323 | 7 Open: 0.4329 Close: 0.4298 Mid: 0.4316 | 8 |
9 | 10 Open: 0.4308 Close: 0.4347 Mid: 0.4319 | 11 Open: 0.4346 Close: 0.4333 Mid: 0.4336 | 12 Open: 0.4333 Close: 0.4356 Mid: 0.4352 | 13 Open: 0.4356 Close: 0.4341 Mid: 0.4348 | 14 Open: 0.4342 Close: 0.4358 Mid: 0.4356 | 15 |
16 | 17 Open: 0.4350 Close: 0.4347 Mid: 0.4342 | 18 Open: 0.4347 Close: 0.4377 Mid: 0.4360 | 19 Open: 0.4377 Close: 0.4384 Mid: 0.4382 | 20 Open: 0.4384 Close: 0.4407 Mid: 0.4400 | 21 Open: 0.4407 Close: 0.4403 Mid: 0.4408 | 22 |
23 | 24 Open: 0.4406 Close: 0.4398 Mid: 0.4397 | 25 Open: 0.4398 Close: 0.4378 Mid: 0.4392 | 26 Open: 0.4377 Close: 0.4368 Mid: 0.4371 | 27 Open: 0.4368 Close: 0.4364 Mid: 0.4367 | 28 Open: 0.4365 Close: 0.4351 Mid: 0.4362 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4351 Close: 0.4351 Mid: 0.4353 | 2 Open: 0.4351 Close: 0.4340 Mid: 0.4340 | 3 Open: 0.4340 Close: 0.4372 Mid: 0.4353 | 4 Open: 0.4372 Close: 0.4359 Mid: 0.4365 | 5 Open: 0.4359 Close: 0.4357 Mid: 0.4353 | 6 | |
7 | 8 Open: 0.4350 Close: 0.4335 Mid: 0.4341 | 9 Open: 0.4337 Close: 0.4340 Mid: 0.4333 | 10 Open: 0.4340 Close: 0.4284 Mid: 0.4315 | 11 Open: 0.4284 Close: 0.4271 Mid: 0.4266 | 12 Open: 0.4271 Close: 0.4250 Mid: 0.4260 | 13 |
14 | 15 Open: 0.4256 Close: 0.4216 Mid: 0.4235 | 16 Open: 0.4216 Close: 0.4223 Mid: 0.4214 | 17 Open: 0.4223 Close: 0.4240 Mid: 0.4230 | 18 Open: 0.4240 Close: 0.4222 Mid: 0.4229 | 19 Open: 0.4222 Close: 0.4184 Mid: 0.4202 | 20 |
21 | 22 Open: 0.4191 Close: 0.4163 Mid: 0.4175 | 23 Open: 0.4163 Close: 0.4162 Mid: 0.4158 | 24 Open: 0.4161 Close: 0.4155 Mid: 0.4154 | 25 Open: 0.4156 Close: 0.4157 Mid: 0.4146 | 26 Open: 0.4156 Close: 0.4150 Mid: 0.4165 | 27 |
28 | 29 Open: 0.4155 Close: 0.4175 Mid: 0.4169 | 30 Open: 0.4175 Close: 0.4201 Mid: 0.4186 | 31 Open: 0.4201 Close: 0.4212 Mid: 0.4206 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4212 Close: 0.4228 Mid: 0.4223 | 2 Open: 0.4226 Close: 0.4168 Mid: 0.4198 | 3 | ||||
4 | 5 Open: 0.4176 Close: 0.4112 Mid: 0.4133 | 6 Open: 0.4113 Close: 0.4177 Mid: 0.4152 | 7 Open: 0.4176 Close: 0.4220 Mid: 0.4207 | 8 Open: 0.4220 Close: 0.4194 Mid: 0.4206 | 9 Open: 0.4195 Close: 0.4217 Mid: 0.4208 | 10 |
11 | 12 Open: 0.4213 Close: 0.4216 Mid: 0.4223 | 13 Open: 0.4216 Close: 0.4217 Mid: 0.4219 | 14 Open: 0.4217 Close: 0.4216 Mid: 0.4224 | 15 Open: 0.4216 Close: 0.4212 Mid: 0.4221 | 16 Open: 0.4213 Close: 0.4224 Mid: 0.4213 | 17 |
18 | 19 Open: 0.4231 Close: 0.4262 Mid: 0.4242 | 20 Open: 0.4261 Close: 0.4267 Mid: 0.4261 | 21 Open: 0.4267 Close: 0.4249 Mid: 0.4254 | 22 Open: 0.4249 Close: 0.4226 Mid: 0.4241 | 23 Open: 0.4226 Close: 0.4250 Mid: 0.4229 | 24 |
25 | 26 Open: 0.4233 Close: 0.4228 Mid: 0.4234 | 27 Open: 0.4228 Close: 0.4252 Mid: 0.4238 | 28 Open: 0.4252 Close: 0.4263 Mid: 0.4253 | 29 Open: 0.4263 Close: 0.4278 Mid: 0.4272 | 30 Open: 0.4278 Close: 0.4243 Mid: 0.4261 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.4259 Close: 0.4246 Mid: 0.4248 | 3 Open: 0.4246 Close: 0.4209 Mid: 0.4229 | 4 Open: 0.4210 Close: 0.4220 Mid: 0.4212 | 5 Open: 0.4220 Close: 0.4212 Mid: 0.4218 | 6 Open: 0.4212 Close: 0.4189 Mid: 0.4206 | 7 |
8 | 9 Open: 0.4183 Close: 0.4159 Mid: 0.4170 | 10 Open: 0.4159 Close: 0.4157 Mid: 0.4170 | 11 Open: 0.4158 Close: 0.4156 Mid: 0.4158 | 12 Open: 0.4157 Close: 0.4188 Mid: 0.4171 | 13 Open: 0.4188 Close: 0.4214 Mid: 0.4202 | 14 |
15 | 16 Open: 0.4192 Close: 0.4218 Mid: 0.4213 | 17 Open: 0.4218 Close: 0.4219 Mid: 0.4221 | 18 Open: 0.4219 Close: 0.4226 Mid: 0.4227 | 19 Open: 0.4226 Close: 0.4249 Mid: 0.4247 | 20 Open: 0.4248 Close: 0.4244 Mid: 0.4241 | 21 |
22 | 23 Open: 0.4246 Close: 0.4261 Mid: 0.4256 | 24 Open: 0.4261 Close: 0.4280 Mid: 0.4272 | 25 Open: 0.4280 Close: 0.4229 Mid: 0.4252 | 26 Open: 0.4229 Close: 0.4226 Mid: 0.4224 | 27 Open: 0.4226 Close: 0.4251 Mid: 0.4237 | 28 |
29 | 30 Open: 0.4240 Close: 0.4234 Mid: 0.4235 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4235 Close: 0.4237 Mid: 0.4238 | 2 Open: 0.4237 Close: 0.4261 Mid: 0.4254 | 3 Open: 0.4261 Close: 0.4251 Mid: 0.4253 | 4 Open: 0.4252 Close: 0.4252 Mid: 0.4251 | 5 | ||
6 | 7 Open: 0.4247 Close: 0.4260 Mid: 0.4258 | 8 Open: 0.4261 Close: 0.4235 Mid: 0.4242 | 9 Open: 0.4235 Close: 0.4217 Mid: 0.4219 | 10 Open: 0.4217 Close: 0.4240 Mid: 0.4220 | 11 Open: 0.4239 Close: 0.4252 Mid: 0.4239 | 12 |
13 | 14 Open: 0.4237 Close: 0.4220 Mid: 0.4237 | 15 Open: 0.4221 Close: 0.4221 Mid: 0.4219 | 16 Open: 0.4222 Close: 0.4196 Mid: 0.4215 | 17 Open: 0.4196 Close: 0.4201 Mid: 0.4197 | 18 Open: 0.4202 Close: 0.4189 Mid: 0.4208 | 19 |
20 | 21 Open: 0.4191 Close: 0.4197 Mid: 0.4195 | 22 Open: 0.4198 Close: 0.4211 Mid: 0.4207 | 23 Open: 0.4211 Close: 0.4209 Mid: 0.4203 | 24 Open: 0.4208 Close: 0.4204 Mid: 0.4207 | 25 Open: 0.4204 Close: 0.4197 Mid: 0.4199 | 26 |
27 | 28 Open: 0.4212 Close: 0.4183 Mid: 0.4190 | 29 Open: 0.4183 Close: 0.4197 Mid: 0.4196 | 30 Open: 0.4197 Close: 0.4192 Mid: 0.4193 | 31 Open: 0.4191 Close: 0.4158 Mid: 0.4168 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4158 Close: 0.4156 Mid: 0.4155 | 2 | |||||
3 | 4 Open: 0.4162 Close: 0.4156 Mid: 0.4161 | 5 Open: 0.4156 Close: 0.4153 Mid: 0.4159 | 6 Open: 0.4153 Close: 0.4187 Mid: 0.4165 | 7 Open: 0.4187 Close: 0.4239 Mid: 0.4216 | 8 Open: 0.4239 Close: 0.4215 Mid: 0.4222 | 9 |
10 | 11 Open: 0.4214 Close: 0.4236 Mid: 0.4221 | 12 Open: 0.4236 Close: 0.4242 Mid: 0.4237 | 13 Open: 0.4241 Close: 0.4223 Mid: 0.4232 | 14 Open: 0.4224 Close: 0.4234 Mid: 0.4245 | 15 Open: 0.4234 Close: 0.4263 Mid: 0.4248 | 16 |
17 | 18 Open: 0.4256 Close: 0.4267 Mid: 0.4259 | 19 Open: 0.4268 Close: 0.4274 Mid: 0.4272 | 20 Open: 0.4274 Close: 0.4274 Mid: 0.4275 | 21 Open: 0.4274 Close: 0.4287 Mid: 0.4279 | 22 Open: 0.4287 Close: 0.4318 Mid: 0.4292 | 23 |
24 | 25 Open: 0.4309 Close: 0.4273 Mid: 0.4294 | 26 Open: 0.4273 Close: 0.4248 Mid: 0.4262 | 27 Open: 0.4249 Close: 0.4255 Mid: 0.4255 | 28 Open: 0.4255 Close: 0.4270 Mid: 0.4263 | 29 Open: 0.4270 Close: 0.4255 Mid: 0.4259 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.4266 Close: 0.4271 Mid: 0.4265 | 3 Open: 0.4271 Close: 0.4274 Mid: 0.4275 | 4 Open: 0.4274 Close: 0.4277 Mid: 0.4285 | 5 Open: 0.4277 Close: 0.4264 Mid: 0.4273 | 6 Open: 0.4263 Close: 0.4216 Mid: 0.4239 | 7 |
8 | 9 Open: 0.4219 Close: 0.4236 Mid: 0.4225 | 10 Open: 0.4236 Close: 0.4231 Mid: 0.4238 | 11 Open: 0.4231 Close: 0.4246 Mid: 0.4237 | 12 Open: 0.4246 Close: 0.4248 Mid: 0.4254 | 13 Open: 0.4248 Close: 0.4255 Mid: 0.4254 | 14 |
15 | 16 Open: 0.4250 Close: 0.4245 Mid: 0.4246 | 17 Open: 0.4245 Close: 0.4231 Mid: 0.4236 | 18 Open: 0.4232 Close: 0.4211 Mid: 0.4224 | 19 Open: 0.4211 Close: 0.4204 Mid: 0.4215 | 20 Open: 0.4203 Close: 0.4220 Mid: 0.4200 | 21 |
22 | 23 Open: 0.4224 Close: 0.4211 Mid: 0.4218 | 24 Open: 0.4211 Close: 0.4211 Mid: 0.4206 | 25 Open: 0.4211 Close: 0.4211 Mid: 0.4206 | 26 Open: 0.4211 Close: 0.4211 Mid: 0.4206 | 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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