Best Norwegian Krone / Taiwan Dollar Exchange Rate Today: 2.8807
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 2.8721, and the most competitive travel money / cash rates start at approximately 2.8548.
Live rate: 1 NOK = 2.8807 TWD (+0.1739% )
Inverted: 1 TWD = 0.3471 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 | 2.8807 | 0 | 2.8519 | |||
 | 2.8721 (indicative) | 0 | 2.8721 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 2.8605 (indicative) | 0 | 2.8605 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 2.8807 | 2.34% | 2.8133 | 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. | |
 | 2.8548 | 0 | 2.8548 | 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  | 2.8000 (upper range) | Variable | 2.8000 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 2.7799 (lower range) | Variable | 2.7799 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 2.7511 | 0 | 2.7511 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.0131 Close: 3.0162 Mid: 3.0177 | 2 Open: 3.0153 Close: 2.9893 Mid: 3.0007 | 3 Open: 2.9894 Close: 3.0059 Mid: 2.9931 | 4 Open: 3.0088 Close: 3.0203 Mid: 3.0145 | 5 Open: 3.0186 Close: 3.0052 Mid: 3.0055 | 6 | |
7 | 8 Open: 2.9953 Close: 2.9825 Mid: 2.9923 | 9 Open: 2.9830 Close: 2.9972 Mid: 2.9938 | 10 Open: 2.9973 Close: 3.0056 Mid: 3.0071 | 11 Open: 3.0068 Close: 3.0128 Mid: 3.0073 | 12 Open: 3.0127 Close: 3.0218 Mid: 3.0223 | 13 |
14 | 15 Open: 3.0259 Close: 3.0192 Mid: 3.0282 | 16 Open: 3.0205 Close: 3.0057 Mid: 3.0165 | 17 Open: 3.0067 Close: 3.0054 Mid: 3.0073 | 18 Open: 3.0054 Close: 2.9954 Mid: 2.9998 | 19 Open: 2.9957 Close: 2.9921 Mid: 2.9986 | 20 |
21 | 22 Open: 2.9951 Close: 2.9788 Mid: 2.9865 | 23 Open: 2.9804 Close: 2.9904 Mid: 2.9854 | 24 Open: 2.9901 Close: 2.9902 Mid: 2.9929 | 25 Open: 2.9912 Close: 3.0004 Mid: 2.9953 | 26 Open: 3.0017 Close: 3.0031 Mid: 2.9986 | 27 |
28 | 29 Open: 3.0004 Close: 2.9921 Mid: 2.9933 | 30 Open: 2.9911 Close: 2.9845 Mid: 2.9857 | 31 Open: 2.9840 Close: 2.9779 Mid: 2.9878 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.9767 Close: 2.9922 Mid: 2.9864 | 2 Open: 2.9945 Close: 2.9569 Mid: 2.9734 | 3 | ||||
4 | 5 Open: 2.9559 Close: 2.9360 Mid: 2.9493 | 6 Open: 2.9368 Close: 2.9580 Mid: 2.9429 | 7 Open: 2.9571 Close: 2.9667 Mid: 2.9557 | 8 Open: 2.9670 Close: 2.9544 Mid: 2.9612 | 9 Open: 2.9549 Close: 2.9759 Mid: 2.9628 | 10 |
11 | 12 Open: 2.9722 Close: 2.9865 Mid: 2.9801 | 13 Open: 2.9860 Close: 2.9554 Mid: 2.9712 | 14 Open: 2.9549 Close: 2.9674 Mid: 2.9619 | 15 Open: 2.9674 Close: 2.9769 Mid: 2.9697 | 16 Open: 2.9766 Close: 2.9832 Mid: 2.9790 | 17 |
18 | 19 Open: 2.9794 Close: 2.9950 Mid: 2.9913 | 20 Open: 2.9950 Close: 2.9991 Mid: 2.9977 | 21 Open: 2.9983 Close: 3.0043 Mid: 3.0011 | 22 Open: 3.0050 Close: 2.9994 Mid: 3.0083 | 23 Open: 3.0000 Close: 2.9989 Mid: 2.9989 | 24 |
25 | 26 Open: 2.9995 Close: 3.0049 Mid: 2.9968 | 27 Open: 3.0046 Close: 3.0013 Mid: 3.0023 | 28 Open: 3.0014 Close: 2.9887 Mid: 2.9927 | 29 Open: 2.9888 Close: 2.9787 Mid: 2.9839 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.9793 Close: 3.0017 Mid: 2.9893 | 2 | |||||
3 | 4 Open: 3.0005 Close: 2.9869 Mid: 2.9922 | 5 Open: 2.9869 Close: 2.9864 Mid: 2.9886 | 6 Open: 2.9878 Close: 3.0037 Mid: 2.9935 | 7 Open: 3.0032 Close: 3.0244 Mid: 3.0118 | 8 Open: 3.0244 Close: 3.0134 Mid: 3.0188 | 9 |
10 | 11 Open: 3.0136 Close: 3.0047 Mid: 3.0061 | 12 Open: 3.0047 Close: 2.9918 Mid: 2.9981 | 13 Open: 2.9917 Close: 3.0024 Mid: 2.9950 | 14 Open: 3.0025 Close: 2.9899 Mid: 2.9991 | 15 Open: 2.9901 Close: 2.9778 Mid: 2.9840 | 16 |
17 | 18 Open: 3.0025 Close: 2.9730 Mid: 2.9868 | 19 Open: 2.9729 Close: 2.9844 Mid: 2.9768 | 20 Open: 2.9843 Close: 3.0103 Mid: 2.9928 | 21 Open: 3.0100 Close: 2.9922 Mid: 3.0073 | 22 Open: 2.9923 Close: 2.9717 Mid: 2.9840 | 23 |
24 | 25 Open: 2.9626 Close: 2.9714 Mid: 2.9648 | 26 Open: 2.9714 Close: 2.9676 Mid: 2.9761 | 27 Open: 2.9677 Close: 2.9664 Mid: 2.9732 | 28 Open: 2.9666 Close: 2.9473 Mid: 2.9563 | 29 Open: 2.9473 Close: 2.9506 Mid: 2.9460 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.9491 Close: 2.9240 Mid: 2.9379 | 2 Open: 2.9240 Close: 2.9576 Mid: 2.9400 | 3 Open: 2.9576 Close: 2.9880 Mid: 2.9699 | 4 Open: 2.9879 Close: 2.9902 Mid: 2.9916 | 5 Open: 2.9898 Close: 2.9948 Mid: 2.9864 | 6 | |
7 | 8 Open: 2.9946 Close: 3.0032 Mid: 2.9983 | 9 Open: 3.0032 Close: 2.9988 Mid: 3.0067 | 10 Open: 2.9988 Close: 2.9720 Mid: 2.9868 | 11 Open: 2.9720 Close: 2.9765 Mid: 2.9721 | 12 Open: 2.9763 Close: 2.9630 Mid: 2.9678 | 13 |
14 | 15 Open: 2.9608 Close: 2.9635 Mid: 2.9663 | 16 Open: 2.9635 Close: 2.9626 Mid: 2.9620 | 17 Open: 2.9626 Close: 2.9456 Mid: 2.9505 | 18 Open: 2.9456 Close: 2.9382 Mid: 2.9439 | 19 Open: 2.9382 Close: 2.9534 Mid: 2.9504 | 20 |
21 | 22 Open: 2.9464 Close: 2.9678 Mid: 2.9599 | 23 Open: 2.9678 Close: 2.9840 Mid: 2.9713 | 24 Open: 2.9840 Close: 2.9732 Mid: 2.9785 | 25 Open: 2.9732 Close: 2.9714 Mid: 2.9704 | 26 Open: 2.9714 Close: 2.9542 Mid: 2.9626 | 27 |
28 | 29 Open: 2.9589 Close: 2.9585 Mid: 2.9619 | 30 Open: 2.9583 Close: 2.9346 Mid: 2.9496 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.9346 Close: 2.9447 Mid: 2.9353 | 2 Open: 2.9446 Close: 2.9454 Mid: 2.9416 | 3 Open: 2.9454 Close: 2.9701 Mid: 2.9638 | 4 | |||
5 | 6 Open: 2.9704 Close: 2.9824 Mid: 2.9792 | 7 Open: 2.9822 Close: 2.9716 Mid: 2.9802 | 8 Open: 2.9715 Close: 2.9678 Mid: 2.9655 | 9 Open: 2.9678 Close: 2.9858 Mid: 2.9723 | 10 Open: 2.9858 Close: 2.9923 Mid: 2.9895 | 11 |
12 | 13 Open: 2.9809 Close: 2.9972 Mid: 2.9896 | 14 Open: 2.9971 Close: 2.9932 Mid: 2.9926 | 15 Open: 2.9931 Close: 3.0089 Mid: 2.9931 | 16 Open: 3.0089 Close: 3.0078 Mid: 3.0050 | 17 Open: 3.0077 Close: 3.0136 Mid: 3.0073 | 18 |
19 | 20 Open: 3.0118 Close: 3.0149 Mid: 3.0158 | 21 Open: 3.0149 Close: 3.0261 Mid: 3.0201 | 22 Open: 3.0262 Close: 3.0137 Mid: 3.0213 | 23 Open: 3.0136 Close: 3.0226 Mid: 3.0238 | 24 Open: 3.0226 Close: 3.0475 Mid: 3.0374 | 25 |
26 | 27 Open: 3.0444 Close: 3.0629 Mid: 3.0503 | 28 Open: 3.0631 Close: 3.0665 Mid: 3.0664 | 29 Open: 3.0665 Close: 3.0578 Mid: 3.0681 | 30 Open: 3.0578 Close: 3.0708 Mid: 3.0645 | 31 Open: 3.0708 Close: 3.0947 Mid: 3.0866 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 3.0923 Close: 3.0917 Mid: 3.0861 | 4 Open: 3.0916 Close: 3.0614 Mid: 3.0755 | 5 Open: 3.0614 Close: 3.0532 Mid: 3.0623 | 6 Open: 3.0532 Close: 3.0569 Mid: 3.0548 | 7 Open: 3.0569 Close: 3.0256 Mid: 3.0435 | 8 |
9 | 10 Open: 3.0281 Close: 3.0402 Mid: 3.0265 | 11 Open: 3.0401 Close: 3.0277 Mid: 3.0319 | 12 Open: 3.0276 Close: 3.0502 Mid: 3.0480 | 13 Open: 3.0502 Close: 3.0389 Mid: 3.0465 | 14 Open: 3.0390 Close: 3.0316 Mid: 3.0343 | 15 |
16 | 17 Open: 3.0282 Close: 3.0354 Mid: 3.0245 | 18 Open: 3.0353 Close: 3.0578 Mid: 3.0450 | 19 Open: 3.0578 Close: 3.0652 Mid: 3.0608 | 20 Open: 3.0651 Close: 3.0690 Mid: 3.0702 | 21 Open: 3.0690 Close: 3.0620 Mid: 3.0641 | 22 |
23 | 24 Open: 3.0642 Close: 3.0718 Mid: 3.0643 | 25 Open: 3.0718 Close: 3.0605 Mid: 3.0681 | 26 Open: 3.0604 Close: 3.0491 Mid: 3.0564 | 27 Open: 3.0491 Close: 3.0551 Mid: 3.0558 | 28 Open: 3.0556 Close: 3.0446 Mid: 3.0463 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.0538 Close: 3.0552 Mid: 3.0580 | 2 Open: 3.0552 Close: 3.0540 Mid: 3.0498 | 3 Open: 3.0540 Close: 3.0885 Mid: 3.0717 | 4 Open: 3.0887 Close: 3.0766 Mid: 3.0815 | 5 Open: 3.0767 Close: 3.0755 Mid: 3.0712 | 6 | |
7 | 8 Open: 3.0657 Close: 3.0620 Mid: 3.0664 | 9 Open: 3.0632 Close: 3.0720 Mid: 3.0697 | 10 Open: 3.0719 Close: 3.0449 Mid: 3.0597 | 11 Open: 3.0449 Close: 3.0289 Mid: 3.0259 | 12 Open: 3.0292 Close: 3.0330 Mid: 3.0290 | 13 |
14 | 15 Open: 3.0365 Close: 3.0175 Mid: 3.0247 | 16 Open: 3.0175 Close: 3.0191 Mid: 3.0141 | 17 Open: 3.0192 Close: 3.0374 Mid: 3.0236 | 18 Open: 3.0375 Close: 3.0246 Mid: 3.0323 | 19 Open: 3.0249 Close: 3.0043 Mid: 3.0139 | 20 |
21 | 22 Open: 3.0100 Close: 2.9965 Mid: 3.0023 | 23 Open: 2.9965 Close: 2.9767 Mid: 2.9822 | 24 Open: 2.9767 Close: 2.9670 Mid: 2.9692 | 25 Open: 2.9670 Close: 2.9661 Mid: 2.9586 | 26 Open: 2.9661 Close: 2.9768 Mid: 2.9797 | 27 |
28 | 29 Open: 2.9810 Close: 2.9874 Mid: 2.9872 | 30 Open: 2.9875 Close: 2.9976 Mid: 2.9911 | 31 Open: 2.9976 Close: 3.0000 Mid: 3.0059 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.9996 Close: 2.9940 Mid: 3.0050 | 2 Open: 2.9940 Close: 2.9801 Mid: 2.9908 | 3 | ||||
4 | 5 Open: 2.9894 Close: 2.9679 Mid: 2.9634 | 6 Open: 2.9678 Close: 3.0008 Mid: 2.9891 | 7 Open: 3.0007 Close: 3.0226 Mid: 3.0138 | 8 Open: 3.0227 Close: 2.9929 Mid: 2.9988 | 9 Open: 2.9930 Close: 3.0026 Mid: 2.9903 | 10 |
11 | 12 Open: 2.9970 Close: 3.0009 Mid: 3.0052 | 13 Open: 3.0009 Close: 3.0144 Mid: 2.9999 | 14 Open: 3.0143 Close: 3.0098 Mid: 3.0147 | 15 Open: 3.0098 Close: 3.0156 Mid: 3.0094 | 16 Open: 3.0156 Close: 3.0144 Mid: 3.0080 | 17 |
18 | 19 Open: 3.0215 Close: 3.0287 Mid: 3.0068 | 20 Open: 3.0287 Close: 3.0409 Mid: 3.0238 | 21 Open: 3.0409 Close: 3.0409 Mid: 3.0311 | 22 Open: 3.0408 Close: 3.0170 Mid: 3.0239 | 23 Open: 3.0169 Close: 3.0415 Mid: 3.0200 | 24 |
25 | 26 Open: 3.0300 Close: 3.0207 Mid: 3.0263 | 27 Open: 3.0208 Close: 3.0499 Mid: 3.0241 | 28 Open: 3.0499 Close: 3.0444 Mid: 3.0412 | 29 Open: 3.0444 Close: 3.0359 Mid: 3.0409 | 30 Open: 3.0359 Close: 3.0137 Mid: 3.0226 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 3.0230 Close: 3.0292 Mid: 3.0253 | 3 Open: 3.0293 Close: 3.0041 Mid: 3.0140 | 4 Open: 3.0043 Close: 3.0202 Mid: 3.0084 | 5 Open: 3.0204 Close: 3.0151 Mid: 3.0143 | 6 Open: 3.0149 Close: 2.9898 Mid: 3.0031 | 7 |
8 | 9 Open: 2.9884 Close: 2.9637 Mid: 2.9753 | 10 Open: 2.9639 Close: 2.9690 Mid: 2.9745 | 11 Open: 2.9690 Close: 2.9625 Mid: 2.9649 | 12 Open: 2.9624 Close: 2.9951 Mid: 2.9688 | 13 Open: 2.9951 Close: 2.9971 Mid: 2.9968 | 14 |
15 | 16 Open: 2.9838 Close: 3.0106 Mid: 2.9988 | 17 Open: 3.0106 Close: 3.0099 Mid: 3.0042 | 18 Open: 3.0100 Close: 3.0226 Mid: 3.0151 | 19 Open: 3.0226 Close: 3.0432 Mid: 3.0327 | 20 Open: 3.0432 Close: 3.0502 Mid: 3.0361 | 21 |
22 | 23 Open: 3.0510 Close: 3.0553 Mid: 3.0552 | 24 Open: 3.0555 Close: 3.0612 Mid: 3.0557 | 25 Open: 3.0603 Close: 3.0273 Mid: 3.0440 | 26 Open: 3.0273 Close: 3.0079 Mid: 3.0147 | 27 Open: 3.0085 Close: 3.0089 Mid: 3.0030 | 28 |
29 | 30 Open: 3.0044 Close: 3.0122 Mid: 3.0107 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.0122 Close: 3.0067 Mid: 3.0100 | 2 Open: 3.0065 Close: 3.0232 Mid: 3.0161 | 3 Open: 3.0231 Close: 3.0199 Mid: 3.0232 | 4 Open: 3.0200 Close: 3.0302 Mid: 3.0249 | 5 | ||
6 | 7 Open: 3.0247 Close: 3.0239 Mid: 3.0254 | 8 Open: 3.0239 Close: 3.0118 Mid: 3.0138 | 9 Open: 3.0118 Close: 2.9952 Mid: 2.9939 | 10 Open: 2.9952 Close: 3.0042 Mid: 2.9893 | 11 Open: 3.0037 Close: 3.0055 Mid: 3.0002 | 12 |
13 | 14 Open: 2.9931 Close: 2.9803 Mid: 2.9947 | 15 Open: 2.9803 Close: 2.9785 Mid: 2.9768 | 16 Open: 2.9786 Close: 2.9491 Mid: 2.9686 | 17 Open: 2.9491 Close: 2.9415 Mid: 2.9420 | 18 Open: 2.9415 Close: 2.9345 Mid: 2.9444 | 19 |
20 | 21 Open: 2.9344 Close: 2.9335 Mid: 2.9308 | 22 Open: 2.9335 Close: 2.9365 Mid: 2.9321 | 23 Open: 2.9365 Close: 2.9188 Mid: 2.9221 | 24 Open: 2.9188 Close: 2.9329 Mid: 2.9251 | 25 Open: 2.9329 Close: 2.9241 Mid: 2.9286 | 26 |
27 | 28 Open: 2.9308 Close: 2.9195 Mid: 2.9213 | 29 Open: 2.9196 Close: 2.9272 Mid: 2.9238 | 30 Open: 2.9273 Close: 2.9146 Mid: 2.9205 | 31 Open: 2.9147 Close: 2.9018 Mid: 2.9026 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.9019 Close: 2.8893 Mid: 2.8930 | 2 | |||||
3 | 4 Open: 2.8984 Close: 2.9023 Mid: 2.9016 | 5 Open: 2.9024 Close: 2.9135 Mid: 2.9026 | 6 Open: 2.9135 Close: 2.9202 Mid: 2.9016 | 7 Open: 2.9203 Close: 2.9551 Mid: 2.9427 | 8 Open: 2.9550 Close: 2.9315 Mid: 2.9264 | 9 |
10 | 11 Open: 2.9293 Close: 2.9371 Mid: 2.9296 | 12 Open: 2.9370 Close: 2.9294 Mid: 2.9299 | 13 Open: 2.9293 Close: 2.9158 Mid: 2.9245 | 14 Open: 2.9157 Close: 2.9244 Mid: 2.9306 | 15 Open: 2.9242 Close: 2.9308 Mid: 2.9263 | 16 |
17 | 18 Open: 2.9235 Close: 2.9534 Mid: 2.9382 | 19 Open: 2.9534 Close: 2.9485 Mid: 2.9473 | 20 Open: 2.9485 Close: 2.9393 Mid: 2.9481 | 21 Open: 2.9394 Close: 2.9403 Mid: 2.9442 | 22 Open: 2.9404 Close: 2.9428 Mid: 2.9350 | 23 |
24 | 25 Open: 2.9447 Close: 2.9254 Mid: 2.9407 | 26 Open: 2.9255 Close: 2.9117 Mid: 2.9119 | 27 Open: 2.9117 Close: 2.9356 Mid: 2.9246 | 28 Open: 2.9357 Close: 2.9498 Mid: 2.9391 | 29 Open: 2.9499 Close: 2.9386 Mid: 2.9398 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 2.9437 Close: 2.9374 Mid: 2.9362 | 3 Open: 2.9375 Close: 2.9415 Mid: 2.9421 | 4 Open: 2.9414 Close: 2.9321 Mid: 2.9403 | 5 Open: 2.9321 Close: 2.9326 Mid: 2.9304 | 6 Open: 2.9327 Close: 2.9050 Mid: 2.9192 | 7 |
8 | 9 Open: 2.9073 Close: 2.9151 Mid: 2.9136 | 10 Open: 2.9151 Close: 2.9173 Mid: 2.9189 | 11 Open: 2.9173 Close: 2.9153 Mid: 2.9131 | 12 Open: 2.9154 Close: 2.9107 Mid: 2.9232 | 13 Open: 2.9107 Close: 2.9180 Mid: 2.9151 | 14 |
15 | 16 Open: 2.9154 Close: 2.9134 Mid: 2.9133 | 17 Open: 2.9134 Close: 2.9050 Mid: 2.9068 | 18 Open: 2.9051 Close: 2.8686 Mid: 2.8892 | 19 Open: 2.8685 Close: 2.8518 Mid: 2.8674 | 20 Open: 2.8518 Close: 2.8803 Mid: 2.8649 | 21 |
22 | 23 Open: 2.8830 Close: 2.8792 Mid: 2.8836 | 24 Open: 2.8793 Close: 2.8757 Mid: 2.8733 | 25 Open: 2.8793 Close: 2.8757 Mid: 2.8733 | 26 Open: 2.8760 Close: 2.8795 Mid: 2.8790 | 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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