Best Norwegian Krone / Swedish Krona Exchange Rate Today: 0.9757
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 0.9728, and the most competitive travel money / cash rates start at approximately 0.9669.
Live rate: 1 NOK = 0.9757 SEK (+0.11% )
Inverted: 1 SEK = 1.0249 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 | 0.9757 | 0 | 0.9659 | |||
 | 0.9728 (indicative) | 0 | 0.9728 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 0.9689 (indicative) | 0 | 0.9689 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 0.9757 | 1.43% | 0.9617 | 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. | |
 | 0.9669 | 0 | 0.9669 | 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  | 0.9484 (upper range) | Variable | 0.9484 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 0.9416 (lower range) | Variable | 0.9416 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 0.9318 | 0 | 0.9318 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.9917 Close: 0.9917 Mid: 0.9917 | 2 Open: 0.9916 Close: 0.9878 Mid: 0.9888 | 3 Open: 0.9878 Close: 0.9943 Mid: 0.9903 | 4 Open: 0.9945 Close: 0.9924 Mid: 0.9925 | 5 Open: 0.9922 Close: 0.9960 Mid: 0.9933 | 6 | |
7 | 8 Open: 0.9923 Close: 0.9873 Mid: 0.9902 | 9 Open: 0.9871 Close: 0.9894 Mid: 0.9892 | 10 Open: 0.9889 Close: 0.9879 Mid: 0.9901 | 11 Open: 0.9880 Close: 0.9951 Mid: 0.9909 | 12 Open: 0.9951 Close: 0.9990 Mid: 0.9971 | 13 |
14 | 15 Open: 1.0002 Close: 0.9969 Mid: 0.9976 | 16 Open: 0.9978 Close: 0.9975 Mid: 0.9974 | 17 Open: 0.9971 Close: 0.9944 Mid: 0.9971 | 18 Open: 0.9939 Close: 0.9958 Mid: 0.9957 | 19 Open: 0.9958 Close: 0.9971 Mid: 0.9976 | 20 |
21 | 22 Open: 0.9971 Close: 0.9948 Mid: 0.9955 | 23 Open: 0.9947 Close: 0.9982 Mid: 0.9947 | 24 Open: 0.9982 Close: 0.9971 Mid: 0.9965 | 25 Open: 0.9972 Close: 1.0006 Mid: 0.9982 | 26 Open: 1.0006 Close: 1.0035 Mid: 1.0010 | 27 |
28 | 29 Open: 1.0024 Close: 1.0016 Mid: 1.0034 | 30 Open: 1.0016 Close: 0.9974 Mid: 0.9993 | 31 Open: 0.9970 Close: 0.9896 Mid: 0.9930 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.9894 Close: 0.9945 Mid: 0.9945 | 2 Open: 0.9952 Close: 0.9890 Mid: 0.9909 | 3 | ||||
4 | 5 Open: 0.9885 Close: 0.9915 Mid: 0.9922 | 6 Open: 0.9918 Close: 0.9926 Mid: 0.9929 | 7 Open: 0.9925 Close: 0.9900 Mid: 0.9898 | 8 Open: 0.9900 Close: 0.9862 Mid: 0.9885 | 9 Open: 0.9865 Close: 0.9914 Mid: 0.9887 | 10 |
11 | 12 Open: 0.9910 Close: 0.9907 Mid: 0.9910 | 13 Open: 0.9906 Close: 0.9912 Mid: 0.9913 | 14 Open: 0.9912 Close: 0.9944 Mid: 0.9928 | 15 Open: 0.9944 Close: 0.9935 Mid: 0.9926 | 16 Open: 0.9934 Close: 0.9935 Mid: 0.9935 | 17 |
18 | 19 Open: 0.9930 Close: 0.9918 Mid: 0.9925 | 20 Open: 0.9918 Close: 0.9881 Mid: 0.9900 | 21 Open: 0.9880 Close: 0.9884 Mid: 0.9881 | 22 Open: 0.9884 Close: 0.9822 Mid: 0.9849 | 23 Open: 0.9817 Close: 0.9796 Mid: 0.9805 | 24 |
25 | 26 Open: 0.9807 Close: 0.9783 Mid: 0.9789 | 27 Open: 0.9784 Close: 0.9788 Mid: 0.9782 | 28 Open: 0.9787 Close: 0.9760 Mid: 0.9777 | 29 Open: 0.9758 Close: 0.9765 Mid: 0.9756 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.9766 Close: 0.9811 Mid: 0.9781 | 2 | |||||
3 | 4 Open: 0.9804 Close: 0.9815 Mid: 0.9811 | 5 Open: 0.9815 Close: 0.9814 Mid: 0.9828 | 6 Open: 0.9815 Close: 0.9817 Mid: 0.9811 | 7 Open: 0.9815 Close: 0.9829 Mid: 0.9820 | 8 Open: 0.9829 Close: 0.9801 Mid: 0.9823 | 9 |
10 | 11 Open: 0.9786 Close: 0.9792 Mid: 0.9787 | 12 Open: 0.9793 Close: 0.9733 Mid: 0.9753 | 13 Open: 0.9732 Close: 0.9758 Mid: 0.9754 | 14 Open: 0.9758 Close: 0.9790 Mid: 0.9773 | 15 Open: 0.9791 Close: 0.9759 Mid: 0.9781 | 16 |
17 | 18 Open: 0.9846 Close: 0.9791 Mid: 0.9816 | 19 Open: 0.9791 Close: 0.9798 Mid: 0.9804 | 20 Open: 0.9799 Close: 0.9828 Mid: 0.9821 | 21 Open: 0.9827 Close: 0.9811 Mid: 0.9830 | 22 Open: 0.9811 Close: 0.9823 Mid: 0.9815 | 23 |
24 | 25 Open: 0.9794 Close: 0.9871 Mid: 0.9845 | 26 Open: 0.9870 Close: 0.9847 Mid: 0.9870 | 27 Open: 0.9847 Close: 0.9841 Mid: 0.9862 | 28 Open: 0.9842 Close: 0.9856 Mid: 0.9852 | 29 Open: 0.9856 Close: 0.9850 Mid: 0.9857 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.9855 Close: 0.9857 Mid: 0.9862 | 2 Open: 0.9857 Close: 0.9904 Mid: 0.9859 | 3 Open: 0.9904 Close: 0.9931 Mid: 0.9913 | 4 Open: 0.9931 Close: 0.9920 Mid: 0.9910 | 5 Open: 0.9919 Close: 0.9920 Mid: 0.9913 | 6 | |
7 | 8 Open: 0.9906 Close: 0.9888 Mid: 0.9894 | 9 Open: 0.9888 Close: 0.9886 Mid: 0.9891 | 10 Open: 0.9886 Close: 0.9898 Mid: 0.9908 | 11 Open: 0.9898 Close: 0.9908 Mid: 0.9903 | 12 Open: 0.9907 Close: 0.9985 Mid: 0.9948 | 13 |
14 | 15 Open: 0.9975 Close: 0.9948 Mid: 0.9959 | 16 Open: 0.9948 Close: 0.9980 Mid: 0.9954 | 17 Open: 0.9980 Close: 0.9950 Mid: 0.9968 | 18 Open: 0.9950 Close: 0.9923 Mid: 0.9924 | 19 Open: 0.9923 Close: 0.9913 Mid: 0.9928 | 20 |
21 | 22 Open: 0.9903 Close: 0.9909 Mid: 0.9899 | 23 Open: 0.9909 Close: 0.9913 Mid: 0.9898 | 24 Open: 0.9913 Close: 0.9906 Mid: 0.9913 | 25 Open: 0.9906 Close: 0.9931 Mid: 0.9929 | 26 Open: 0.9932 Close: 0.9919 Mid: 0.9917 | 27 |
28 | 29 Open: 0.9839 Close: 0.9941 Mid: 0.9895 | 30 Open: 0.9941 Close: 0.9918 Mid: 0.9928 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.9918 Close: 0.9899 Mid: 0.9905 | 2 Open: 0.9899 Close: 0.9883 Mid: 0.9879 | 3 Open: 0.9883 Close: 0.9950 Mid: 0.9922 | 4 | |||
5 | 6 Open: 0.9943 Close: 0.9984 Mid: 0.9976 | 7 Open: 0.9984 Close: 0.9960 Mid: 0.9973 | 8 Open: 0.9960 Close: 0.9999 Mid: 0.9973 | 9 Open: 0.9999 Close: 1.0001 Mid: 0.9993 | 10 Open: 1.0001 Close: 0.9998 Mid: 1.0009 | 11 |
12 | 13 Open: 0.9957 Close: 1.0025 Mid: 0.9995 | 14 Open: 1.0024 Close: 1.0002 Mid: 1.0030 | 15 Open: 1.0002 Close: 0.9999 Mid: 0.9997 | 16 Open: 0.9999 Close: 1.0018 Mid: 0.9999 | 17 Open: 1.0017 Close: 1.0035 Mid: 1.0022 | 18 |
19 | 20 Open: 1.0019 Close: 0.9989 Mid: 1.0005 | 21 Open: 0.9989 Close: 1.0023 Mid: 0.9996 | 22 Open: 1.0023 Close: 1.0028 Mid: 1.0030 | 23 Open: 1.0027 Close: 1.0060 Mid: 1.0044 | 24 Open: 1.0060 Close: 1.0082 Mid: 1.0078 | 25 |
26 | 27 Open: 1.0073 Close: 1.0112 Mid: 1.0089 | 28 Open: 1.0112 Close: 1.0063 Mid: 1.0079 | 29 Open: 1.0063 Close: 1.0078 Mid: 1.0078 | 30 Open: 1.0078 Close: 1.0040 Mid: 1.0069 | 31 Open: 1.0040 Close: 1.0034 Mid: 1.0038 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 1.0019 Close: 0.9958 Mid: 0.9999 | 4 Open: 0.9957 Close: 0.9880 Mid: 0.9920 | 5 Open: 0.9880 Close: 0.9822 Mid: 0.9856 | 6 Open: 0.9822 Close: 0.9845 Mid: 0.9826 | 7 Open: 0.9845 Close: 0.9837 Mid: 0.9835 | 8 |
9 | 10 Open: 0.9855 Close: 0.9841 Mid: 0.9843 | 11 Open: 0.9841 Close: 0.9804 Mid: 0.9823 | 12 Open: 0.9803 Close: 0.9805 Mid: 0.9802 | 13 Open: 0.9805 Close: 0.9837 Mid: 0.9820 | 14 Open: 0.9837 Close: 0.9854 Mid: 0.9858 | 15 |
16 | 17 Open: 0.9855 Close: 0.9830 Mid: 0.9834 | 18 Open: 0.9830 Close: 0.9866 Mid: 0.9847 | 19 Open: 0.9866 Close: 0.9876 Mid: 0.9868 | 20 Open: 0.9876 Close: 0.9953 Mid: 0.9911 | 21 Open: 0.9954 Close: 0.9942 Mid: 0.9958 | 22 |
23 | 24 Open: 0.9963 Close: 0.9940 Mid: 0.9931 | 25 Open: 0.9940 Close: 0.9900 Mid: 0.9922 | 26 Open: 0.9900 Close: 0.9900 Mid: 0.9911 | 27 Open: 0.9900 Close: 0.9969 Mid: 0.9937 | 28 Open: 0.9971 Close: 0.9924 Mid: 0.9961 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.9914 Close: 0.9960 Mid: 0.9946 | 2 Open: 0.9960 Close: 0.9914 Mid: 0.9947 | 3 Open: 0.9914 Close: 0.9944 Mid: 0.9926 | 4 Open: 0.9944 Close: 0.9937 Mid: 0.9942 | 5 Open: 0.9937 Close: 0.9943 Mid: 0.9934 | 6 | |
7 | 8 Open: 0.9935 Close: 0.9976 Mid: 0.9952 | 9 Open: 0.9982 Close: 0.9956 Mid: 0.9960 | 10 Open: 0.9956 Close: 0.9842 Mid: 0.9908 | 11 Open: 0.9842 Close: 0.9795 Mid: 0.9779 | 12 Open: 0.9796 Close: 0.9816 Mid: 0.9805 | 13 |
14 | 15 Open: 0.9812 Close: 0.9805 Mid: 0.9810 | 16 Open: 0.9805 Close: 0.9815 Mid: 0.9809 | 17 Open: 0.9815 Close: 0.9835 Mid: 0.9819 | 18 Open: 0.9834 Close: 0.9809 Mid: 0.9818 | 19 Open: 0.9809 Close: 0.9779 Mid: 0.9778 | 20 |
21 | 22 Open: 0.9785 Close: 0.9786 Mid: 0.9768 | 23 Open: 0.9786 Close: 0.9773 Mid: 0.9768 | 24 Open: 0.9773 Close: 0.9771 Mid: 0.9776 | 25 Open: 0.9771 Close: 0.9815 Mid: 0.9785 | 26 Open: 0.9816 Close: 0.9816 Mid: 0.9830 | 27 |
28 | 29 Open: 0.9819 Close: 0.9843 Mid: 0.9836 | 30 Open: 0.9842 Close: 0.9827 Mid: 0.9837 | 31 Open: 0.9827 Close: 0.9811 Mid: 0.9821 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.9810 Close: 0.9799 Mid: 0.9808 | 2 Open: 0.9798 Close: 0.9666 Mid: 0.9742 | 3 | ||||
4 | 5 Open: 0.9678 Close: 0.9583 Mid: 0.9591 | 6 Open: 0.9583 Close: 0.9638 Mid: 0.9620 | 7 Open: 0.9639 Close: 0.9707 Mid: 0.9668 | 8 Open: 0.9708 Close: 0.9694 Mid: 0.9693 | 9 Open: 0.9694 Close: 0.9735 Mid: 0.9706 | 10 |
11 | 12 Open: 0.9733 Close: 0.9738 Mid: 0.9755 | 13 Open: 0.9737 Close: 0.9751 Mid: 0.9749 | 14 Open: 0.9751 Close: 0.9766 Mid: 0.9754 | 15 Open: 0.9766 Close: 0.9806 Mid: 0.9803 | 16 Open: 0.9806 Close: 0.9780 Mid: 0.9789 | 17 |
18 | 19 Open: 0.9758 Close: 0.9774 Mid: 0.9778 | 20 Open: 0.9774 Close: 0.9722 Mid: 0.9745 | 21 Open: 0.9722 Close: 0.9694 Mid: 0.9720 | 22 Open: 0.9695 Close: 0.9665 Mid: 0.9691 | 23 Open: 0.9666 Close: 0.9732 Mid: 0.9695 | 24 |
25 | 26 Open: 0.9724 Close: 0.9686 Mid: 0.9699 | 27 Open: 0.9687 Close: 0.9702 Mid: 0.9695 | 28 Open: 0.9703 Close: 0.9704 Mid: 0.9690 | 29 Open: 0.9704 Close: 0.9735 Mid: 0.9728 | 30 Open: 0.9735 Close: 0.9683 Mid: 0.9707 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.9709 Close: 0.9690 Mid: 0.9684 | 3 Open: 0.9690 Close: 0.9643 Mid: 0.9662 | 4 Open: 0.9644 Close: 0.9662 Mid: 0.9657 | 5 Open: 0.9663 Close: 0.9645 Mid: 0.9661 | 6 Open: 0.9645 Close: 0.9612 Mid: 0.9623 | 7 |
8 | 9 Open: 0.9599 Close: 0.9576 Mid: 0.9588 | 10 Open: 0.9576 Close: 0.9571 Mid: 0.9595 | 11 Open: 0.9571 Close: 0.9574 Mid: 0.9572 | 12 Open: 0.9574 Close: 0.9597 Mid: 0.9582 | 13 Open: 0.9597 Close: 0.9594 Mid: 0.9594 | 14 |
15 | 16 Open: 0.9565 Close: 0.9606 Mid: 0.9595 | 17 Open: 0.9606 Close: 0.9601 Mid: 0.9611 | 18 Open: 0.9602 Close: 0.9641 Mid: 0.9630 | 19 Open: 0.9641 Close: 0.9683 Mid: 0.9667 | 20 Open: 0.9683 Close: 0.9699 Mid: 0.9686 | 21 |
22 | 23 Open: 0.9699 Close: 0.9720 Mid: 0.9717 | 24 Open: 0.9720 Close: 0.9704 Mid: 0.9713 | 25 Open: 0.9704 Close: 0.9635 Mid: 0.9666 | 26 Open: 0.9635 Close: 0.9604 Mid: 0.9603 | 27 Open: 0.9604 Close: 0.9613 Mid: 0.9607 | 28 |
29 | 30 Open: 0.9610 Close: 0.9633 Mid: 0.9616 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.9633 Close: 0.9674 Mid: 0.9653 | 2 Open: 0.9674 Close: 0.9710 Mid: 0.9707 | 3 Open: 0.9710 Close: 0.9713 Mid: 0.9703 | 4 Open: 0.9713 Close: 0.9730 Mid: 0.9721 | 5 | ||
6 | 7 Open: 0.9681 Close: 0.9734 Mid: 0.9731 | 8 Open: 0.9734 Close: 0.9654 Mid: 0.9689 | 9 Open: 0.9654 Close: 0.9644 Mid: 0.9631 | 10 Open: 0.9644 Close: 0.9681 Mid: 0.9633 | 11 Open: 0.9679 Close: 0.9696 Mid: 0.9681 | 12 |
13 | 14 Open: 0.9673 Close: 0.9653 Mid: 0.9681 | 15 Open: 0.9653 Close: 0.9625 Mid: 0.9619 | 16 Open: 0.9626 Close: 0.9621 Mid: 0.9621 | 17 Open: 0.9621 Close: 0.9649 Mid: 0.9629 | 18 Open: 0.9649 Close: 0.9630 Mid: 0.9656 | 19 |
20 | 21 Open: 0.9631 Close: 0.9642 Mid: 0.9643 | 22 Open: 0.9642 Close: 0.9658 Mid: 0.9646 | 23 Open: 0.9658 Close: 0.9639 Mid: 0.9643 | 24 Open: 0.9639 Close: 0.9652 Mid: 0.9655 | 25 Open: 0.9652 Close: 0.9682 Mid: 0.9672 | 26 |
27 | 28 Open: 0.9701 Close: 0.9684 Mid: 0.9670 | 29 Open: 0.9684 Close: 0.9707 Mid: 0.9717 | 30 Open: 0.9707 Close: 0.9740 Mid: 0.9735 | 31 Open: 0.9740 Close: 0.9679 Mid: 0.9712 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.9679 Close: 0.9714 Mid: 0.9695 | 2 | |||||
3 | 4 Open: 0.9729 Close: 0.9748 Mid: 0.9729 | 5 Open: 0.9748 Close: 0.9770 Mid: 0.9755 | 6 Open: 0.9770 Close: 0.9799 Mid: 0.9782 | 7 Open: 0.9799 Close: 0.9834 Mid: 0.9832 | 8 Open: 0.9834 Close: 0.9833 Mid: 0.9832 | 9 |
10 | 11 Open: 0.9839 Close: 0.9830 Mid: 0.9832 | 12 Open: 0.9830 Close: 0.9838 Mid: 0.9837 | 13 Open: 0.9838 Close: 0.9863 Mid: 0.9860 | 14 Open: 0.9863 Close: 0.9865 Mid: 0.9893 | 15 Open: 0.9865 Close: 0.9902 Mid: 0.9881 | 16 |
17 | 18 Open: 0.9897 Close: 0.9913 Mid: 0.9908 | 19 Open: 0.9914 Close: 0.9944 Mid: 0.9943 | 20 Open: 0.9944 Close: 0.9971 Mid: 0.9966 | 21 Open: 0.9971 Close: 0.9994 Mid: 0.9971 | 22 Open: 0.9994 Close: 0.9971 Mid: 0.9974 | 23 |
24 | 25 Open: 0.9962 Close: 0.9906 Mid: 0.9926 | 26 Open: 0.9906 Close: 0.9846 Mid: 0.9886 | 27 Open: 0.9846 Close: 0.9861 Mid: 0.9856 | 28 Open: 0.9862 Close: 0.9893 Mid: 0.9877 | 29 Open: 0.9893 Close: 0.9869 Mid: 0.9863 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.9876 Close: 0.9902 Mid: 0.9878 | 3 Open: 0.9902 Close: 0.9949 Mid: 0.9934 | 4 Open: 0.9949 Close: 0.9884 Mid: 0.9935 | 5 Open: 0.9884 Close: 0.9835 Mid: 0.9867 | 6 Open: 0.9835 Close: 0.9802 Mid: 0.9816 | 7 |
8 | 9 Open: 0.9802 Close: 0.9809 Mid: 0.9810 | 10 Open: 0.9809 Close: 0.9839 Mid: 0.9838 | 11 Open: 0.9839 Close: 0.9847 Mid: 0.9832 | 12 Open: 0.9847 Close: 0.9859 Mid: 0.9851 | 13 Open: 0.9859 Close: 0.9853 Mid: 0.9859 | 14 |
15 | 16 Open: 0.9854 Close: 0.9759 Mid: 0.9803 | 17 Open: 0.9759 Close: 0.9792 Mid: 0.9773 | 18 Open: 0.9792 Close: 0.9774 Mid: 0.9780 | 19 Open: 0.9774 Close: 0.9638 Mid: 0.9705 | 20 Open: 0.9638 Close: 0.9747 Mid: 0.9674 | 21 |
22 | 23 Open: 0.9741 Close: 0.9729 Mid: 0.9738 | 24 Open: 0.9729 Close: 0.9761 Mid: 0.9737 | 25 Open: 0.9729 Close: 0.9761 Mid: 0.9737 | 26 Open: 0.9761 Close: 0.9755 Mid: 0.9747 | 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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