Best British Pound / Philippine Peso Exchange Rate Today: 73.9020
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 73.6803, and the most competitive travel money / cash rates start at approximately 68.8887.
Live rate: 1 GBP = 73.9020 PHP (+0.06% )
Inverted: 1 PHP = 0.0135 GBP
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 | 73.9020 | 0 | 73.1630 | |||
 | 73.6803 (indicative) | 0 | 73.6803 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 73.3847 (indicative) | 0 | 73.3847 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 73.9020 | 0.7% | 73.3847 | 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. | |
 | 68.8887 | 0 | 68.8887 | 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. | |
 | 68.5497 | 0 | 68.5497 | Best Branch Collection | Also offer delivery and cash buyback services. Home delivery orders of £5 and above are accepted, for branch collection the minimum is £500. One of the highest rated companies we survey according to independent rating review providers. | |
Best Bank Rate  | 71.8327 (upper range) | Variable | 71.8327 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 71.3154 (lower range) | Variable | 71.3154 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 70.5764 | 0 | 70.5764 | International Payments and Transfers |
GBP/PHP Live Chart and Data
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 70.5420 Close: 70.1570 Mid: 70.5620 | 3 Open: 70.1560 Close: 70.6270 Mid: 70.4035 | 4 Open: 70.6190 Close: 70.4660 Mid: 70.4865 | 5 Open: 70.4700 Close: 70.5850 Mid: 70.4415 | 6 | |
7 | 8 Open: 70.5960 Close: 71.1150 Mid: 70.8815 | 9 Open: 71.1070 Close: 71.3350 Mid: 71.2340 | 10 Open: 71.3290 Close: 71.5110 Mid: 71.4805 | 11 Open: 71.5250 Close: 71.4850 Mid: 71.4655 | 12 Open: 71.4830 Close: 71.1600 Mid: 71.3365 | 13 |
14 | 15 Open: 71.1590 Close: 70.9520 Mid: 71.1300 | 16 Open: 70.9530 Close: 70.6830 Mid: 70.8145 | 17 Open: 70.6860 Close: 70.9470 Mid: 70.8110 | 18 Open: 70.9480 Close: 70.9430 Mid: 70.8420 | 19 Open: 70.9270 Close: 71.0010 Mid: 71.0010 | 20 |
21 | 22 Open: 71.0080 Close: 71.5790 Mid: 71.4260 | 23 Open: 71.5890 Close: 71.4800 Mid: 71.4940 | 24 Open: 71.4890 Close: 71.5550 Mid: 71.5995 | 25 Open: 71.5530 Close: 71.6990 Mid: 71.8915 | 26 Open: 71.7250 Close: 71.5560 Mid: 71.6495 | 27 |
28 | 29 Open: 71.5650 Close: 71.6670 Mid: 71.6025 | 30 Open: 71.6730 Close: 71.5490 Mid: 71.5195 | 31 Open: 71.5500 Close: 71.2800 Mid: 71.4155 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 71.3000 Close: 71.3950 Mid: 71.1120 | 2 Open: 71.3600 Close: 70.9520 Mid: 71.0950 | 3 | ||||
4 | 5 Open: 70.9210 Close: 70.6350 Mid: 70.8500 | 6 Open: 70.6090 Close: 70.7100 Mid: 70.5855 | 7 Open: 70.7080 Close: 70.7440 Mid: 70.6265 | 8 Open: 70.7420 Close: 70.6100 Mid: 70.5710 | 9 Open: 70.6080 Close: 70.7700 Mid: 70.6505 | 10 |
11 | 12 Open: 70.7750 Close: 70.6260 Mid: 70.7535 | 13 Open: 70.6230 Close: 70.7680 Mid: 70.7680 | 14 Open: 70.7550 Close: 70.4970 Mid: 70.6180 | 15 Open: 70.4960 Close: 70.3970 Mid: 70.3485 | 16 Open: 70.4190 Close: 70.4910 Mid: 70.4375 | 17 |
18 | 19 Open: 70.4990 Close: 70.5530 Mid: 70.6650 | 20 Open: 70.5520 Close: 70.5990 Mid: 70.6795 | 21 Open: 70.6000 Close: 70.6800 Mid: 70.6350 | 22 Open: 70.6780 Close: 70.6740 Mid: 70.6150 | 23 Open: 70.6720 Close: 70.8980 Mid: 70.8505 | 24 |
25 | 26 Open: 70.8820 Close: 71.0930 Mid: 71.0595 | 27 Open: 71.1010 Close: 71.1530 Mid: 71.1535 | 28 Open: 71.1520 Close: 71.2350 Mid: 71.0460 | 29 Open: 71.2260 Close: 70.9130 Mid: 71.0390 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 70.9160 Close: 70.9150 Mid: 70.8260 | 2 | |||||
3 | 4 Open: 70.9250 Close: 71.0670 Mid: 71.0710 | 5 Open: 71.0680 Close: 71.1130 Mid: 71.0880 | 6 Open: 71.1150 Close: 71.0190 Mid: 70.9705 | 7 Open: 71.0200 Close: 71.4500 Mid: 71.2345 | 8 Open: 71.4470 Close: 71.3850 Mid: 71.1175 | 9 |
10 | 11 Open: 71.3930 Close: 70.9430 Mid: 71.3950 | 12 Open: 70.9400 Close: 70.9520 Mid: 70.8595 | 13 Open: 70.9560 Close: 70.8480 Mid: 70.8705 | 14 Open: 70.8490 Close: 70.8070 Mid: 70.8210 | 15 Open: 70.8070 Close: 70.8490 Mid: 70.7830 | 16 |
17 | 18 Open: 70.8480 Close: 70.8680 Mid: 70.8175 | 19 Open: 70.8700 Close: 71.0330 Mid: 71.1825 | 20 Open: 71.0340 Close: 71.6600 Mid: 71.3520 | 21 Open: 71.6600 Close: 70.8890 Mid: 71.5355 | 22 Open: 70.8930 Close: 71.0750 Mid: 71.0120 | 23 |
24 | 25 Open: 71.0720 Close: 71.1490 Mid: 70.7665 | 26 Open: 71.1510 Close: 71.0390 Mid: 71.1360 | 27 Open: 71.0410 Close: 71.1320 Mid: 71.0560 | 28 Open: 71.1270 Close: 70.9330 Mid: 71.0250 | 29 Open: 70.9320 Close: 70.8950 Mid: 70.8960 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 70.9040 Close: 70.5490 Mid: 70.7975 | 2 Open: 70.5510 Close: 70.8440 Mid: 70.6940 | 3 Open: 70.8430 Close: 71.3760 Mid: 71.0745 | 4 Open: 71.3790 Close: 71.6500 Mid: 71.5010 | 5 Open: 71.6470 Close: 71.5390 Mid: 71.4365 | 6 | |
7 | 8 Open: 71.5210 Close: 71.5450 Mid: 71.4550 | 9 Open: 71.5410 Close: 71.3780 Mid: 71.4855 | 10 Open: 71.3790 Close: 70.8870 Mid: 71.0985 | 11 Open: 70.8860 Close: 70.8490 Mid: 70.8270 | 12 Open: 70.8510 Close: 70.5010 Mid: 70.6650 | 13 |
14 | 15 Open: 70.5040 Close: 70.8630 Mid: 70.7705 | 16 Open: 70.8640 Close: 70.8820 Mid: 70.9150 | 17 Open: 70.8880 Close: 71.2310 Mid: 71.1460 | 18 Open: 71.2360 Close: 71.2350 Mid: 71.1775 | 19 Open: 71.2310 Close: 71.1980 Mid: 71.4455 | 20 |
21 | 22 Open: 71.2000 Close: 71.0800 Mid: 71.0775 | 23 Open: 71.0810 Close: 71.4470 Mid: 71.2020 | 24 Open: 71.4480 Close: 72.0490 Mid: 71.7215 | 25 Open: 72.0510 Close: 72.1940 Mid: 72.2660 | 26 Open: 72.2010 Close: 72.0390 Mid: 72.1300 | 27 |
28 | 29 Open: 72.0560 Close: 72.3890 Mid: 72.2650 | 30 Open: 72.3930 Close: 72.2080 Mid: 72.2770 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 72.2090 Close: 72.2770 Mid: 72.2130 | 2 Open: 72.2760 Close: 72.0210 Mid: 72.0725 | 3 Open: 72.0200 Close: 71.6110 Mid: 71.8805 | 4 | |||
5 | 6 Open: 71.6150 Close: 71.8980 Mid: 71.8060 | 7 Open: 71.9000 Close: 71.5640 Mid: 71.7930 | 8 Open: 71.5630 Close: 71.7070 Mid: 71.6425 | 9 Open: 71.7070 Close: 71.7760 Mid: 71.6130 | 10 Open: 71.7740 Close: 72.1530 Mid: 71.9715 | 11 |
12 | 13 Open: 72.1380 Close: 72.6030 Mid: 72.3685 | 14 Open: 72.6040 Close: 72.7070 Mid: 72.5820 | 15 Open: 72.7090 Close: 72.8820 Mid: 72.6715 | 16 Open: 72.8860 Close: 72.8850 Mid: 72.7985 | 17 Open: 72.8810 Close: 73.3320 Mid: 73.0730 | 18 |
19 | 20 Open: 73.3280 Close: 73.7700 Mid: 73.5600 | 21 Open: 73.7740 Close: 73.8860 Mid: 73.9395 | 22 Open: 73.8870 Close: 73.9010 Mid: 73.9860 | 23 Open: 73.8980 Close: 74.0060 Mid: 74.0300 | 24 Open: 74.0040 Close: 74.1300 Mid: 73.9600 | 25 |
26 | 27 Open: 74.1290 Close: 74.2070 Mid: 74.1145 | 28 Open: 74.2080 Close: 74.0950 Mid: 74.2135 | 29 Open: 74.0900 Close: 74.3520 Mid: 74.3640 | 30 Open: 74.3530 Close: 74.4500 Mid: 74.6650 | 31 Open: 74.4490 Close: 74.5610 Mid: 74.5060 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 74.5680 Close: 75.1350 Mid: 75.2610 | 4 Open: 75.1340 Close: 75.1410 Mid: 75.1705 | 5 Open: 75.1420 Close: 75.0770 Mid: 75.0945 | 6 Open: 75.0780 Close: 74.9530 Mid: 75.0190 | 7 Open: 74.9550 Close: 74.7540 Mid: 74.8345 | 8 |
9 | 10 Open: 74.7520 Close: 74.8460 Mid: 74.6565 | 11 Open: 74.8460 Close: 74.8420 Mid: 74.8035 | 12 Open: 74.8400 Close: 74.8570 Mid: 74.8975 | 13 Open: 74.8510 Close: 74.8650 Mid: 74.8645 | 14 Open: 74.8640 Close: 74.4910 Mid: 74.6060 | 15 |
16 | 17 Open: 74.4870 Close: 74.5160 Mid: 74.4070 | 18 Open: 74.5140 Close: 74.5480 Mid: 74.4735 | 19 Open: 74.5530 Close: 74.7800 Mid: 74.6410 | 20 Open: 74.7790 Close: 74.4760 Mid: 74.7185 | 21 Open: 74.4770 Close: 74.3890 Mid: 74.4250 | 22 |
23 | 24 Open: 74.3900 Close: 74.5870 Mid: 74.4345 | 25 Open: 74.5880 Close: 74.5240 Mid: 74.5625 | 26 Open: 74.5230 Close: 74.4010 Mid: 74.5210 | 27 Open: 74.4010 Close: 74.1070 Mid: 74.2900 | 28 Open: 74.1070 Close: 73.8740 Mid: 73.9580 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 73.9880 Close: 74.2490 Mid: 74.2535 | 2 Open: 74.2560 Close: 74.5730 Mid: 74.4085 | 3 Open: 74.5720 Close: 74.7350 Mid: 74.7325 | 4 Open: 74.7340 Close: 74.7230 Mid: 74.7085 | 5 Open: 74.7230 Close: 74.9810 Mid: 74.8690 | 6 | |
7 | 8 Open: 74.9810 Close: 74.9930 Mid: 75.0425 | 9 Open: 74.9590 Close: 74.8270 Mid: 74.8865 | 10 Open: 74.8260 Close: 74.8870 Mid: 74.6060 | 11 Open: 74.8880 Close: 75.2200 Mid: 75.0770 | 12 Open: 75.2210 Close: 75.8560 Mid: 75.5350 | 13 |
14 | 15 Open: 75.8470 Close: 75.7850 Mid: 75.9365 | 16 Open: 75.7840 Close: 75.7220 Mid: 75.7250 | 17 Open: 75.7220 Close: 75.7050 Mid: 75.8115 | 18 Open: 75.7050 Close: 75.5040 Mid: 75.6735 | 19 Open: 75.4980 Close: 75.3530 Mid: 75.4090 | 20 |
21 | 22 Open: 75.3590 Close: 75.5460 Mid: 75.4685 | 23 Open: 75.5470 Close: 75.4690 Mid: 75.4995 | 24 Open: 75.4690 Close: 75.6000 Mid: 75.5410 | 25 Open: 75.6000 Close: 75.2490 Mid: 75.4330 | 26 Open: 75.2540 Close: 75.2870 Mid: 75.0680 | 27 |
28 | 29 Open: 75.2730 Close: 75.3810 Mid: 75.1810 | 30 Open: 75.3810 Close: 75.1970 Mid: 75.3160 | 31 Open: 75.1970 Close: 75.0060 Mid: 75.0245 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 75.0110 Close: 74.2270 Mid: 74.6620 | 2 Open: 74.2310 Close: 74.0040 Mid: 73.9715 | 3 | ||||
4 | 5 Open: 74.0050 Close: 73.9370 Mid: 73.8400 | 6 Open: 73.9310 Close: 73.1880 Mid: 73.6645 | 7 Open: 73.1870 Close: 73.2040 Mid: 73.2610 | 8 Open: 73.2020 Close: 73.1050 Mid: 72.7895 | 9 Open: 73.1050 Close: 73.0350 Mid: 73.0095 | 10 |
11 | 12 Open: 73.0360 Close: 73.0970 Mid: 73.1395 | 13 Open: 73.0980 Close: 73.2390 Mid: 73.0580 | 14 Open: 73.2390 Close: 73.1160 Mid: 73.2295 | 15 Open: 73.1150 Close: 73.5880 Mid: 73.3400 | 16 Open: 73.5870 Close: 73.8980 Mid: 73.7145 | 17 |
18 | 19 Open: 73.8980 Close: 73.6250 Mid: 73.6075 | 20 Open: 73.6250 Close: 73.5190 Mid: 73.4995 | 21 Open: 73.5190 Close: 73.7140 Mid: 73.5895 | 22 Open: 73.7150 Close: 74.0150 Mid: 73.8885 | 23 Open: 74.0150 Close: 74.2190 Mid: 74.1115 | 24 |
25 | 26 Open: 74.2050 Close: 74.0730 Mid: 74.0120 | 27 Open: 74.0710 Close: 74.6370 Mid: 74.3265 | 28 Open: 74.6360 Close: 74.1960 Mid: 74.3560 | 29 Open: 74.1980 Close: 74.0520 Mid: 74.1440 | 30 Open: 74.0500 Close: 73.8400 Mid: 73.9250 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 73.8390 Close: 74.2440 Mid: 74.1510 | 3 Open: 74.2430 Close: 74.0790 Mid: 74.2605 | 4 Open: 74.0830 Close: 74.3060 Mid: 74.2145 | 5 Open: 74.3070 Close: 73.8630 Mid: 73.9645 | 6 Open: 73.8610 Close: 73.8870 Mid: 73.8815 | 7 |
8 | 9 Open: 72.2630 Close: 73.6980 Mid: 70.1085 | 10 Open: 73.6990 Close: 73.6520 Mid: 73.7665 | 11 Open: 73.6480 Close: 73.0890 Mid: 73.2325 | 12 Open: 73.0880 Close: 73.6200 Mid: 73.3520 | 13 Open: 73.6200 Close: 73.4350 Mid: 73.5570 | 14 |
15 | 16 Open: 73.4460 Close: 73.6320 Mid: 73.7155 | 17 Open: 73.6310 Close: 73.4790 Mid: 73.5425 | 18 Open: 73.4790 Close: 73.7690 Mid: 73.9580 | 19 Open: 73.7700 Close: 73.8360 Mid: 73.7195 | 20 Open: 73.8350 Close: 74.1200 Mid: 73.9145 | 21 |
22 | 23 Open: 74.1190 Close: 74.6970 Mid: 74.5385 | 24 Open: 74.7000 Close: 75.0560 Mid: 74.9950 | 25 Open: 75.0540 Close: 74.7360 Mid: 74.9120 | 26 Open: 74.7270 Close: 74.9970 Mid: 74.7530 | 27 Open: 74.9990 Close: 74.9040 Mid: 74.9315 | 28 |
29 | 30 Open: 74.9160 Close: 75.1720 Mid: 75.1285 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 75.1740 Close: 74.8910 Mid: 75.0700 | 2 Open: 74.8910 Close: 74.6410 Mid: 74.6545 | 3 Open: 74.6420 Close: 73.9880 Mid: 74.2840 | 4 Open: 73.9870 Close: 74.3270 Mid: 74.2045 | 5 | ||
6 | 7 Open: 74.2970 Close: 74.2900 Mid: 74.4025 | 8 Open: 74.2920 Close: 74.4880 Mid: 74.4500 | 9 Open: 74.4920 Close: 74.6460 Mid: 74.5565 | 10 Open: 74.6430 Close: 74.9320 Mid: 74.9150 | 11 Open: 74.9320 Close: 74.8230 Mid: 74.7700 | 12 |
13 | 14 Open: 74.8130 Close: 74.9950 Mid: 74.9160 | 15 Open: 74.9950 Close: 75.5180 Mid: 75.3405 | 16 Open: 75.5210 Close: 75.0890 Mid: 75.3375 | 17 Open: 75.0900 Close: 75.1450 Mid: 75.1625 | 18 Open: 75.1380 Close: 75.1160 Mid: 75.0545 | 19 |
20 | 21 Open: 75.0950 Close: 74.8490 Mid: 74.9285 | 22 Open: 74.8500 Close: 75.0690 Mid: 75.0975 | 23 Open: 75.0670 Close: 75.0950 Mid: 75.2410 | 24 Open: 75.0960 Close: 75.1440 Mid: 75.0775 | 25 Open: 75.1460 Close: 75.6650 Mid: 75.4945 | 26 |
27 | 28 Open: 75.6640 Close: 75.5520 Mid: 75.5945 | 29 Open: 75.5570 Close: 75.9080 Mid: 75.6275 | 30 Open: 75.9090 Close: 75.5110 Mid: 75.6610 | 31 Open: 75.5130 Close: 75.1540 Mid: 75.3700 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 75.1550 Close: 75.4430 Mid: 75.8790 | 2 | |||||
3 | 4 Open: 75.4480 Close: 75.8050 Mid: 75.6745 | 5 Open: 75.8030 Close: 76.1500 Mid: 75.9895 | 6 Open: 76.1500 Close: 75.8110 Mid: 76.5255 | 7 Open: 75.8110 Close: 75.6750 Mid: 75.9260 | 8 Open: 75.6750 Close: 75.5170 Mid: 75.6265 | 9 |
10 | 11 Open: 75.5230 Close: 75.4350 Mid: 75.5770 | 12 Open: 75.4370 Close: 74.9020 Mid: 75.1650 | 13 Open: 74.9040 Close: 74.6970 Mid: 74.6915 | 14 Open: 74.7000 Close: 74.6060 Mid: 74.5920 | 15 Open: 74.6100 Close: 74.1180 Mid: 74.3465 | 16 |
17 | 18 Open: 74.1220 Close: 74.3220 Mid: 74.2040 | 19 Open: 74.3230 Close: 74.6720 Mid: 74.4765 | 20 Open: 74.6720 Close: 74.6720 Mid: 74.6755 | 21 Open: 74.6710 Close: 74.3190 Mid: 74.4745 | 22 Open: 74.3190 Close: 73.8620 Mid: 74.0035 | 23 |
24 | 25 Open: 73.8790 Close: 74.0760 Mid: 74.1090 | 26 Open: 74.0770 Close: 74.0470 Mid: 74.0640 | 27 Open: 74.0480 Close: 74.3960 Mid: 74.2035 | 28 Open: 74.3960 Close: 74.4550 Mid: 74.3460 | 29 Open: 74.4550 Close: 74.6560 Mid: 74.4980 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 74.6500 Close: 74.2410 Mid: 74.3590 | 3 Open: 74.2400 Close: 74.0570 Mid: 74.1530 | 4 Open: 74.0580 Close: 73.8830 Mid: 73.9175 | 5 Open: 73.8850 Close: 73.7450 Mid: 73.7600 | 6 Open: 73.7450 Close: 73.7790 Mid: 73.8195 | 7 |
8 | 9 Open: 73.7870 Close: 73.8950 Mid: 74.0485 | 10 Open: 73.8950 Close: 74.1950 Mid: 74.0225 | 11 Open: 74.1940 Close: 74.4510 Mid: 74.8470 | 12 Open: 74.4510 Close: 73.8900 Mid: 74.2565 | 13 Open: 73.8900 Close: 74.0820 Mid: 74.1815 | 14 |
15 | 16 Open: 74.0910 Close: 74.5920 Mid: 74.4010 | 17 Open: 74.5910 Close: 74.9750 Mid: 74.7765 | 18 Open: 74.9780 Close: 74.6040 Mid: 74.8985 | 19 Open: 74.6040 Close: 73.8580 Mid: 74.2640 | 20 Open: 73.8640 Close: 73.9020 Mid: 73.7890 | 21 |
22 | 23 | 24 | 25 | 26 | 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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