Best British Pound / Taiwan Dollar Exchange Rate Today: 40.9880
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 40.8650, and the most competitive travel money / cash rates start at approximately 38.3752.
Live rate: 1 GBP = 40.9880 TWD (+0.45% )
Inverted: 1 TWD = 0.0244 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 | 40.9880 | 0 | 40.5781 | |||
 | 40.8650 (indicative) | 0 | 40.8650 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 40.7011 (indicative) | 0 | 40.7011 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 40.9880 | 0.93% | 40.6068 | 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. | |
 | 38.3752 | 0 | 38.3752 | 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. | |
 | 38.1419 | 0 | 38.1419 | 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  | 39.8403 (upper range) | Variable | 39.8403 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 39.5534 (lower range) | Variable | 39.5534 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 39.1435 | 0 | 39.1435 | International Payments and Transfers |
GBP/TWD Live Chart and Data
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 39.0640 Close: 39.0420 Mid: 38.9915 | 3 Open: 39.0420 Close: 39.3860 Mid: 39.1535 | 4 Open: 39.4110 Close: 39.4460 Mid: 39.4775 | 5 Open: 39.4320 Close: 39.3860 Mid: 39.3370 | 6 | |
7 | 8 Open: 39.3870 Close: 39.4200 Mid: 39.4055 | 9 Open: 39.4160 Close: 39.4930 Mid: 39.4895 | 10 Open: 39.4920 Close: 39.6320 Mid: 39.5545 | 11 Open: 39.6450 Close: 39.6430 Mid: 39.5990 | 12 Open: 39.6420 Close: 39.6470 Mid: 39.6995 | 13 |
14 | 15 Open: 39.6490 Close: 39.8140 Mid: 39.8050 | 16 Open: 39.7900 Close: 39.7630 Mid: 39.8165 | 17 Open: 39.7800 Close: 40.0430 Mid: 39.9270 | 18 Open: 40.0430 Close: 40.0790 Mid: 40.0290 | 19 Open: 40.0800 Close: 39.8840 Mid: 39.9495 | 20 |
21 | 22 Open: 39.8880 Close: 39.8360 Mid: 39.8590 | 23 Open: 39.8380 Close: 39.8620 Mid: 39.8695 | 24 Open: 39.8570 Close: 39.8420 Mid: 39.8900 | 25 Open: 39.8440 Close: 39.7960 Mid: 39.8170 | 26 Open: 39.8110 Close: 39.7440 Mid: 39.7780 | 27 |
28 | 29 Open: 39.7380 Close: 39.6390 Mid: 39.6690 | 30 Open: 39.6340 Close: 39.5660 Mid: 39.5380 | 31 Open: 39.5700 Close: 39.6830 Mid: 39.6750 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 39.6760 Close: 39.8250 Mid: 39.7290 | 2 Open: 39.8220 Close: 39.6620 Mid: 39.7405 | 3 | ||||
4 | 5 Open: 39.6520 Close: 39.3670 Mid: 39.4905 | 6 Open: 39.3600 Close: 39.4480 Mid: 39.3825 | 7 Open: 39.4280 Close: 39.6380 Mid: 39.4990 | 8 Open: 39.6430 Close: 39.5910 Mid: 39.6030 | 9 Open: 39.5890 Close: 39.6360 Mid: 39.6000 | 10 |
11 | 12 Open: 39.6370 Close: 39.5850 Mid: 39.6275 | 13 Open: 39.5900 Close: 39.7440 Mid: 39.6695 | 14 Open: 39.7410 Close: 39.4610 Mid: 39.5885 | 15 Open: 39.4620 Close: 39.4750 Mid: 39.4265 | 16 Open: 39.4740 Close: 39.4920 Mid: 39.4820 | 17 |
18 | 19 Open: 39.5100 Close: 39.5580 Mid: 39.5920 | 20 Open: 39.5580 Close: 39.6990 Mid: 39.6535 | 21 Open: 39.6940 Close: 39.8070 Mid: 39.7445 | 22 Open: 39.8130 Close: 39.9180 Mid: 39.8855 | 23 Open: 39.9180 Close: 40.0470 Mid: 39.9945 | 24 |
25 | 26 Open: 40.0480 Close: 40.0670 Mid: 40.0090 | 27 Open: 40.0620 Close: 40.1030 Mid: 40.0655 | 28 Open: 40.1060 Close: 40.0720 Mid: 40.0590 | 29 Open: 40.0780 Close: 39.9560 Mid: 40.0220 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 39.9500 Close: 39.9610 Mid: 39.9415 | 2 | |||||
3 | 4 Open: 39.9590 Close: 40.0650 Mid: 39.9805 | 5 Open: 40.0650 Close: 40.1260 Mid: 40.0775 | 6 Open: 40.1320 Close: 40.1190 Mid: 40.1380 | 7 Open: 40.1190 Close: 40.2990 Mid: 40.1950 | 8 Open: 40.2980 Close: 40.4020 Mid: 40.3035 | 9 |
10 | 11 Open: 40.4140 Close: 40.2650 Mid: 40.3325 | 12 Open: 40.2640 Close: 40.2580 Mid: 40.2190 | 13 Open: 40.2580 Close: 40.2660 Mid: 40.2105 | 14 Open: 40.2670 Close: 40.2680 Mid: 40.3075 | 15 Open: 40.2680 Close: 40.2610 Mid: 40.2560 | 16 |
17 | 18 Open: 40.2610 Close: 40.3270 Mid: 40.2965 | 19 Open: 40.3270 Close: 40.4290 Mid: 40.3605 | 20 Open: 40.4290 Close: 40.6720 Mid: 40.5205 | 21 Open: 40.6720 Close: 40.4010 Mid: 40.5990 | 22 Open: 40.4010 Close: 40.2750 Mid: 40.3550 | 23 |
24 | 25 Open: 40.2750 Close: 40.2360 Mid: 40.1805 | 26 Open: 40.2360 Close: 40.3080 Mid: 40.2960 | 27 Open: 40.3090 Close: 40.4360 Mid: 40.3780 | 28 Open: 40.4370 Close: 40.3920 Mid: 40.3970 | 29 Open: 40.3910 Close: 40.3490 Mid: 40.3640 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 40.3500 Close: 40.2100 Mid: 40.2970 | 2 Open: 40.2100 Close: 40.3250 Mid: 40.2660 | 3 Open: 40.3250 Close: 40.5200 Mid: 40.3820 | 4 Open: 40.5190 Close: 40.5550 Mid: 40.5405 | 5 Open: 40.5550 Close: 40.6000 Mid: 40.5010 | 6 | |
7 | 8 Open: 40.5980 Close: 40.6030 Mid: 40.5805 | 9 Open: 40.6030 Close: 40.5870 Mid: 40.6330 | 10 Open: 40.5870 Close: 40.3660 Mid: 40.4720 | 11 Open: 40.3660 Close: 40.4500 Mid: 40.4230 | 12 Open: 40.4500 Close: 40.2130 Mid: 40.3380 | 13 |
14 | 15 Open: 40.2120 Close: 40.3650 Mid: 40.3555 | 16 Open: 40.3650 Close: 40.4400 Mid: 40.4440 | 17 Open: 40.4400 Close: 40.3530 Mid: 40.4030 | 18 Open: 40.3540 Close: 40.3960 Mid: 40.3795 | 19 Open: 40.3960 Close: 40.2520 Mid: 40.3950 | 20 |
21 | 22 Open: 40.2510 Close: 40.2790 Mid: 40.2985 | 23 Open: 40.2800 Close: 40.5350 Mid: 40.4025 | 24 Open: 40.5350 Close: 40.7100 Mid: 40.5840 | 25 Open: 40.7100 Close: 40.7480 Mid: 40.7150 | 26 Open: 40.7490 Close: 40.7260 Mid: 40.7115 | 27 |
28 | 29 Open: 40.7270 Close: 40.8370 Mid: 40.8170 | 30 Open: 40.8360 Close: 40.7440 Mid: 40.8245 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 40.7440 Close: 40.7260 Mid: 40.6705 | 2 Open: 40.7260 Close: 40.5840 Mid: 40.6650 | 3 Open: 40.5840 Close: 40.5140 Mid: 40.5915 | 4 | |||
5 | 6 Open: 40.5130 Close: 40.5850 Mid: 40.5915 | 7 Open: 40.5850 Close: 40.5440 Mid: 40.6150 | 8 Open: 40.5430 Close: 40.4650 Mid: 40.4755 | 9 Open: 40.4650 Close: 40.5710 Mid: 40.4835 | 10 Open: 40.5710 Close: 40.6390 Mid: 40.5975 | 11 |
12 | 13 Open: 40.6380 Close: 40.7120 Mid: 40.6615 | 14 Open: 40.7120 Close: 40.7230 Mid: 40.6395 | 15 Open: 40.7230 Close: 40.7180 Mid: 40.6155 | 16 Open: 40.7190 Close: 40.7650 Mid: 40.7035 | 17 Open: 40.7650 Close: 40.8740 Mid: 40.7910 | 18 |
19 | 20 Open: 40.8750 Close: 40.9940 Mid: 40.9390 | 21 Open: 40.9940 Close: 41.0440 Mid: 41.0170 | 22 Open: 41.0450 Close: 41.0390 Mid: 41.0520 | 23 Open: 41.0380 Close: 40.9780 Mid: 41.0250 | 24 Open: 40.9780 Close: 41.0750 Mid: 40.9990 | 25 |
26 | 27 Open: 41.0740 Close: 41.0560 Mid: 41.0320 | 28 Open: 41.0570 Close: 41.1290 Mid: 41.0980 | 29 Open: 41.1300 Close: 41.1330 Mid: 41.1840 | 30 Open: 41.1330 Close: 41.2480 Mid: 41.1775 | 31 Open: 41.2480 Close: 41.3850 Mid: 41.3195 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 41.3850 Close: 41.3850 Mid: 41.2460 | 4 Open: 41.3850 Close: 41.3110 Mid: 41.3885 | 5 Open: 41.3110 Close: 41.3180 Mid: 41.3340 | 6 Open: 41.3180 Close: 41.2740 Mid: 41.3095 | 7 Open: 41.2740 Close: 41.2260 Mid: 41.2575 | 8 |
9 | 10 Open: 41.2290 Close: 41.2010 Mid: 41.1970 | 11 Open: 41.2010 Close: 41.2500 Mid: 41.2190 | 12 Open: 41.2500 Close: 41.3030 Mid: 41.3290 | 13 Open: 41.3030 Close: 41.3070 Mid: 41.3055 | 14 Open: 41.3070 Close: 41.0540 Mid: 41.1730 | 15 |
16 | 17 Open: 41.0530 Close: 41.1140 Mid: 41.0430 | 18 Open: 41.1140 Close: 41.1160 Mid: 41.1235 | 19 Open: 41.1160 Close: 41.1990 Mid: 41.1615 | 20 Open: 41.1990 Close: 40.9840 Mid: 41.0960 | 21 Open: 40.9840 Close: 40.9230 Mid: 40.9185 | 22 |
23 | 24 Open: 40.9230 Close: 41.0700 Mid: 40.9865 | 25 Open: 41.0700 Close: 41.2070 Mid: 41.1365 | 26 Open: 41.2070 Close: 41.1040 Mid: 41.2045 | 27 Open: 41.1040 Close: 41.1600 Mid: 41.1725 | 28 Open: 41.1600 Close: 41.1190 Mid: 41.0610 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 41.1330 Close: 41.1870 Mid: 41.2030 | 2 Open: 41.1870 Close: 41.3450 Mid: 41.2470 | 3 Open: 41.3450 Close: 41.5340 Mid: 41.4670 | 4 Open: 41.5360 Close: 41.4770 Mid: 41.5045 | 5 Open: 41.4770 Close: 41.5290 Mid: 41.4830 | 6 | |
7 | 8 Open: 41.5280 Close: 41.5990 Mid: 41.5930 | 9 Open: 41.5900 Close: 41.6340 Mid: 41.6990 | 10 Open: 41.6340 Close: 41.9110 Mid: 41.7530 | 11 Open: 41.9110 Close: 41.9070 Mid: 41.8700 | 12 Open: 41.9070 Close: 42.2570 Mid: 42.0640 | 13 |
14 | 15 Open: 42.2550 Close: 42.3110 Mid: 42.2595 | 16 Open: 42.3110 Close: 42.2780 Mid: 42.2710 | 17 Open: 42.2790 Close: 42.3630 Mid: 42.3155 | 18 Open: 42.3640 Close: 42.3240 Mid: 42.3620 | 19 Open: 42.3250 Close: 42.3570 Mid: 42.3395 | 20 |
21 | 22 Open: 42.3620 Close: 42.4670 Mid: 42.4430 | 23 Open: 42.4670 Close: 42.3200 Mid: 42.3825 | 24 Open: 42.3210 Close: 42.2440 Mid: 42.2715 | 25 Open: 42.2430 Close: 42.0690 Mid: 42.1525 | 26 Open: 42.0690 Close: 42.2270 Mid: 42.1405 | 27 |
28 | 29 Open: 42.2270 Close: 42.2710 Mid: 42.2265 | 30 Open: 42.2720 Close: 42.1570 Mid: 42.2120 | 31 Open: 42.1570 Close: 42.0440 Mid: 42.1690 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 42.0440 Close: 41.7720 Mid: 41.9625 | 2 Open: 41.7720 Close: 41.7670 Mid: 41.8155 | 3 | ||||
4 | 5 Open: 41.7640 Close: 41.7950 Mid: 41.6715 | 6 Open: 41.7940 Close: 41.6010 Mid: 41.7100 | 7 Open: 41.5990 Close: 41.4610 Mid: 41.5040 | 8 Open: 41.4610 Close: 41.3760 Mid: 41.2485 | 9 Open: 41.3770 Close: 41.3990 Mid: 41.2860 | 10 |
11 | 12 Open: 41.3970 Close: 41.4060 Mid: 41.3955 | 13 Open: 41.4060 Close: 41.6150 Mid: 41.4155 | 14 Open: 41.6150 Close: 41.3810 Mid: 41.4520 | 15 Open: 41.3820 Close: 41.6640 Mid: 41.4105 | 16 Open: 41.6640 Close: 41.6560 Mid: 41.6485 | 17 |
18 | 19 Open: 41.6570 Close: 41.5090 Mid: 41.4040 | 20 Open: 41.5080 Close: 41.5920 Mid: 41.4375 | 21 Open: 41.5920 Close: 41.8200 Mid: 41.5825 | 22 Open: 41.8190 Close: 41.8720 Mid: 41.7535 | 23 Open: 41.8710 Close: 42.0480 Mid: 41.9265 | 24 |
25 | 26 Open: 42.0420 Close: 42.0090 Mid: 42.0070 | 27 Open: 42.0080 Close: 42.3100 Mid: 42.0240 | 28 Open: 42.3090 Close: 42.1870 Mid: 42.2490 | 29 Open: 42.1860 Close: 41.9900 Mid: 42.1015 | 30 Open: 41.9900 Close: 41.9750 Mid: 41.9750 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 41.9800 Close: 42.1480 Mid: 42.0795 | 3 Open: 42.1490 Close: 42.1110 Mid: 42.1010 | 4 Open: 42.1110 Close: 42.2340 Mid: 42.1520 | 5 Open: 42.2340 Close: 42.2430 Mid: 42.1505 | 6 Open: 42.2420 Close: 42.0720 Mid: 42.1220 | 7 |
8 | 9 Open: 42.0740 Close: 41.9930 Mid: 42.0440 | 10 Open: 41.9960 Close: 42.1030 Mid: 42.0695 | 11 Open: 42.1030 Close: 41.9260 Mid: 41.9975 | 12 Open: 41.9260 Close: 42.1300 Mid: 41.9105 | 13 Open: 42.1310 Close: 41.9350 Mid: 42.0295 | 14 |
15 | 16 Open: 41.9380 Close: 42.1310 Mid: 41.9860 | 17 Open: 42.1310 Close: 42.0400 Mid: 41.9940 | 18 Open: 42.0400 Close: 42.2960 Mid: 42.1010 | 19 Open: 42.2960 Close: 42.4120 Mid: 42.2530 | 20 Open: 42.4120 Close: 42.6080 Mid: 42.4315 | 21 |
22 | 23 Open: 42.6070 Close: 42.7750 Mid: 42.6730 | 24 Open: 42.7760 Close: 42.7190 Mid: 42.7210 | 25 Open: 42.7060 Close: 42.6390 Mid: 42.6690 | 26 Open: 42.6400 Close: 42.4930 Mid: 42.5600 | 27 Open: 42.4990 Close: 42.2440 Mid: 42.3180 | 28 |
29 | 30 Open: 42.2460 Close: 42.4950 Mid: 42.4010 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 42.4940 Close: 42.3860 Mid: 42.4595 | 2 Open: 42.3850 Close: 42.3930 Mid: 42.3545 | 3 Open: 42.3930 Close: 42.0520 Mid: 42.2385 | 4 Open: 42.0530 Close: 42.3740 Mid: 42.2230 | 5 | ||
6 | 7 Open: 42.3750 Close: 42.0970 Mid: 42.2150 | 8 Open: 42.0970 Close: 42.2450 Mid: 42.1505 | 9 Open: 42.2450 Close: 42.2020 Mid: 42.1520 | 10 Open: 42.2020 Close: 42.1090 Mid: 42.1425 | 11 Open: 42.1090 Close: 42.0100 Mid: 42.0485 | 12 |
13 | 14 Open: 42.0070 Close: 42.0220 Mid: 42.0300 | 15 Open: 42.0230 Close: 42.1420 Mid: 42.0650 | 16 Open: 42.1420 Close: 41.8210 Mid: 41.9575 | 17 Open: 41.8210 Close: 41.8070 Mid: 41.7850 | 18 Open: 41.8060 Close: 41.8360 Mid: 41.8560 | 19 |
20 | 21 Open: 41.8370 Close: 41.7250 Mid: 41.7170 | 22 Open: 41.7250 Close: 41.6290 Mid: 41.6040 | 23 Open: 41.6300 Close: 41.4530 Mid: 41.5780 | 24 Open: 41.4540 Close: 41.6350 Mid: 41.5180 | 25 Open: 41.6350 Close: 41.5780 Mid: 41.5865 | 26 |
27 | 28 Open: 41.5780 Close: 41.6550 Mid: 41.6250 | 29 Open: 41.6560 Close: 41.7610 Mid: 41.6480 | 30 Open: 41.7620 Close: 41.4210 Mid: 41.5890 | 31 Open: 41.4220 Close: 41.1800 Mid: 41.2910 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 41.1810 Close: 41.2950 Mid: 41.2195 | 2 | |||||
3 | 4 Open: 41.2970 Close: 41.3800 Mid: 41.3275 | 5 Open: 41.3810 Close: 41.6210 Mid: 41.3950 | 6 Open: 41.6210 Close: 41.6600 Mid: 41.5015 | 7 Open: 41.6620 Close: 41.6930 Mid: 41.7170 | 8 Open: 41.6930 Close: 41.6660 Mid: 41.4890 | 9 |
10 | 11 Open: 41.6660 Close: 41.6930 Mid: 41.6805 | 12 Open: 41.6930 Close: 41.3660 Mid: 41.5005 | 13 Open: 41.3650 Close: 41.2690 Mid: 41.3050 | 14 Open: 41.2670 Close: 41.3040 Mid: 41.3060 | 15 Open: 41.3020 Close: 41.0060 Mid: 41.1355 | 16 |
17 | 18 Open: 41.0060 Close: 41.1840 Mid: 41.1080 | 19 Open: 41.1850 Close: 41.0570 Mid: 41.0655 | 20 Open: 41.0570 Close: 41.1360 Mid: 41.1555 | 21 Open: 41.1360 Close: 40.9850 Mid: 41.1205 | 22 Open: 40.9850 Close: 40.8190 Mid: 40.8870 | 23 |
24 | 25 Open: 40.8320 Close: 40.7730 Mid: 40.8855 | 26 Open: 40.7740 Close: 40.8430 Mid: 40.7160 | 27 Open: 40.8420 Close: 41.1810 Mid: 40.9940 | 28 Open: 41.1820 Close: 41.3180 Mid: 41.2050 | 29 Open: 41.3180 Close: 41.3360 Mid: 41.3035 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 41.3350 Close: 41.2680 Mid: 41.3320 | 3 Open: 41.2690 Close: 41.2540 Mid: 41.2710 | 4 Open: 41.2530 Close: 41.1720 Mid: 41.2075 | 5 Open: 41.1730 Close: 41.2970 Mid: 41.2125 | 6 Open: 41.2970 Close: 41.2950 Mid: 41.3205 | 7 |
8 | 9 Open: 41.2950 Close: 41.3490 Mid: 41.3875 | 10 Open: 41.3490 Close: 41.5540 Mid: 41.4335 | 11 Open: 41.5540 Close: 41.4380 Mid: 41.4580 | 12 Open: 41.4390 Close: 41.2290 Mid: 41.4140 | 13 Open: 41.2290 Close: 41.0290 Mid: 41.1220 | 14 |
15 | 16 Open: 41.0320 Close: 41.2210 Mid: 41.1305 | 17 Open: 41.2210 Close: 41.3450 Mid: 41.2680 | 18 Open: 41.3450 Close: 41.0790 Mid: 41.1970 | 19 Open: 41.0780 Close: 40.8050 Mid: 41.0435 | 20 Open: 40.8050 Close: 40.9880 Mid: 40.9375 | 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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