Best South African Rand / New Zealand Dollar Exchange Rate Today: 0.0956
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 0.0953, and the most competitive travel money / cash rates start at approximately 0.0947.
Live rate: 1 ZAR = 0.0956 NZD (+0.16% )
Inverted: 1 NZD = 10.4603 ZAR
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 | 0.0956 | 0 | 0.0946 | |||
 | 0.0953 (indicative) | 0 | 0.0953 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 0.0949 (indicative) | 0 | 0.0949 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 0.0956 | 1.97% | 0.0937 | 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. | |
 | 0.0947 | 0 | 0.0947 | 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  | 0.0929 (upper range) | Variable | 0.0929 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 0.0923 (lower range) | Variable | 0.0923 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 0.0913 | 0 | 0.0913 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.0865 Close: 0.0865 Mid: 0.0865 | 2 Open: 0.0865 Close: 0.0862 Mid: 0.0863 | 3 Open: 0.0862 Close: 0.0855 Mid: 0.0858 | 4 Open: 0.0855 Close: 0.0858 Mid: 0.0856 | 5 Open: 0.0857 Close: 0.0857 Mid: 0.0856 | 6 | |
7 | 8 Open: 0.0858 Close: 0.0860 Mid: 0.0857 | 9 Open: 0.0860 Close: 0.0857 Mid: 0.0860 | 10 Open: 0.0857 Close: 0.0859 Mid: 0.0860 | 11 Open: 0.0859 Close: 0.0861 Mid: 0.0861 | 12 Open: 0.0861 Close: 0.0859 Mid: 0.0859 | 13 |
14 | 15 Open: 0.0858 Close: 0.0864 Mid: 0.0862 | 16 Open: 0.0863 Close: 0.0859 Mid: 0.0861 | 17 Open: 0.0859 Close: 0.0859 Mid: 0.0857 | 18 Open: 0.0858 Close: 0.0863 Mid: 0.0862 | 19 Open: 0.0863 Close: 0.0859 Mid: 0.0862 | 20 |
21 | 22 Open: 0.0860 Close: 0.0857 Mid: 0.0858 | 23 Open: 0.0857 Close: 0.0861 Mid: 0.0860 | 24 Open: 0.0860 Close: 0.0866 Mid: 0.0863 | 25 Open: 0.0866 Close: 0.0867 Mid: 0.0866 | 26 Open: 0.0867 Close: 0.0874 Mid: 0.0870 | 27 |
28 | 29 Open: 0.0874 Close: 0.0866 Mid: 0.0871 | 30 Open: 0.0867 Close: 0.0868 Mid: 0.0866 | 31 Open: 0.0867 Close: 0.0875 Mid: 0.0871 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.0875 Close: 0.0875 Mid: 0.0877 | 2 Open: 0.0875 Close: 0.0872 Mid: 0.0873 | 3 | ||||
4 | 5 Open: 0.0871 Close: 0.0866 Mid: 0.0870 | 6 Open: 0.0866 Close: 0.0871 Mid: 0.0870 | 7 Open: 0.0871 Close: 0.0866 Mid: 0.0868 | 8 Open: 0.0866 Close: 0.0865 Mid: 0.0866 | 9 Open: 0.0865 Close: 0.0854 Mid: 0.0859 | 10 |
11 | 12 Open: 0.0857 Close: 0.0862 Mid: 0.0858 | 13 Open: 0.0862 Close: 0.0862 Mid: 0.0864 | 14 Open: 0.0862 Close: 0.0863 Mid: 0.0863 | 15 Open: 0.0863 Close: 0.0864 Mid: 0.0863 | 16 Open: 0.0864 Close: 0.0864 Mid: 0.0866 | 17 |
18 | 19 Open: 0.0864 Close: 0.0857 Mid: 0.0860 | 20 Open: 0.0857 Close: 0.0858 Mid: 0.0855 | 21 Open: 0.0858 Close: 0.0855 Mid: 0.0858 | 22 Open: 0.0855 Close: 0.0841 Mid: 0.0849 | 23 Open: 0.0842 Close: 0.0836 Mid: 0.0838 | 24 |
25 | 26 Open: 0.0836 Close: 0.0840 Mid: 0.0838 | 27 Open: 0.0840 Close: 0.0849 Mid: 0.0845 | 28 Open: 0.0849 Close: 0.0851 Mid: 0.0850 | 29 Open: 0.0851 Close: 0.0856 Mid: 0.0855 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.0856 Close: 0.0858 Mid: 0.0856 | 2 | |||||
3 | 4 Open: 0.0858 Close: 0.0862 Mid: 0.0860 | 5 Open: 0.0862 Close: 0.0866 Mid: 0.0865 | 6 Open: 0.0866 Close: 0.0867 Mid: 0.0867 | 7 Open: 0.0867 Close: 0.0867 Mid: 0.0865 | 8 Open: 0.0867 Close: 0.0865 Mid: 0.0865 | 9 |
10 | 11 Open: 0.0862 Close: 0.0868 Mid: 0.0866 | 12 Open: 0.0868 Close: 0.0871 Mid: 0.0870 | 13 Open: 0.0871 Close: 0.0874 Mid: 0.0872 | 14 Open: 0.0874 Close: 0.0871 Mid: 0.0871 | 15 Open: 0.0871 Close: 0.0876 Mid: 0.0875 | 16 |
17 | 18 Open: 0.0877 Close: 0.0867 Mid: 0.0871 | 19 Open: 0.0867 Close: 0.0874 Mid: 0.0871 | 20 Open: 0.0874 Close: 0.0879 Mid: 0.0877 | 21 Open: 0.0879 Close: 0.0879 Mid: 0.0880 | 22 Open: 0.0879 Close: 0.0877 Mid: 0.0878 | 23 |
24 | 25 Open: 0.0877 Close: 0.0882 Mid: 0.0879 | 26 Open: 0.0882 Close: 0.0878 Mid: 0.0880 | 27 Open: 0.0878 Close: 0.0881 Mid: 0.0881 | 28 Open: 0.0881 Close: 0.0884 Mid: 0.0881 | 29 Open: 0.0884 Close: 0.0886 Mid: 0.0885 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.0883 Close: 0.0887 Mid: 0.0886 | 2 Open: 0.0887 Close: 0.0892 Mid: 0.0889 | 3 Open: 0.0892 Close: 0.0891 Mid: 0.0892 | 4 Open: 0.0891 Close: 0.0887 Mid: 0.0890 | 5 Open: 0.0887 Close: 0.0889 Mid: 0.0890 | 6 | |
7 | 8 Open: 0.0890 Close: 0.0889 Mid: 0.0892 | 9 Open: 0.0889 Close: 0.0894 Mid: 0.0892 | 10 Open: 0.0894 Close: 0.0891 Mid: 0.0891 | 11 Open: 0.0891 Close: 0.0890 Mid: 0.0890 | 12 Open: 0.0890 Close: 0.0892 Mid: 0.0892 | 13 |
14 | 15 Open: 0.0892 Close: 0.0892 Mid: 0.0891 | 16 Open: 0.0892 Close: 0.0893 Mid: 0.0892 | 17 Open: 0.0893 Close: 0.0888 Mid: 0.0891 | 18 Open: 0.0888 Close: 0.0885 Mid: 0.0886 | 19 Open: 0.0885 Close: 0.0889 Mid: 0.0886 | 20 |
21 | 22 Open: 0.0887 Close: 0.0880 Mid: 0.0886 | 23 Open: 0.0880 Close: 0.0882 Mid: 0.0880 | 24 Open: 0.0882 Close: 0.0876 Mid: 0.0879 | 25 Open: 0.0876 Close: 0.0883 Mid: 0.0882 | 26 Open: 0.0883 Close: 0.0895 Mid: 0.0888 | 27 |
28 | 29 Open: 0.0895 Close: 0.0898 Mid: 0.0895 | 30 Open: 0.0898 Close: 0.0904 Mid: 0.0899 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.0904 Close: 0.0906 Mid: 0.0907 | 2 Open: 0.0906 Close: 0.0904 Mid: 0.0906 | 3 Open: 0.0904 Close: 0.0899 Mid: 0.0900 | 4 | |||
5 | 6 Open: 0.0900 Close: 0.0900 Mid: 0.0901 | 7 Open: 0.0900 Close: 0.0900 Mid: 0.0900 | 8 Open: 0.0900 Close: 0.0897 Mid: 0.0898 | 9 Open: 0.0897 Close: 0.0897 Mid: 0.0897 | 10 Open: 0.0897 Close: 0.0901 Mid: 0.0900 | 11 |
12 | 13 Open: 0.0901 Close: 0.0905 Mid: 0.0905 | 14 Open: 0.0905 Close: 0.0900 Mid: 0.0901 | 15 Open: 0.0900 Close: 0.0894 Mid: 0.0897 | 16 Open: 0.0894 Close: 0.0898 Mid: 0.0896 | 17 Open: 0.0898 Close: 0.0897 Mid: 0.0898 | 18 |
19 | 20 Open: 0.0897 Close: 0.0901 Mid: 0.0899 | 21 Open: 0.0901 Close: 0.0908 Mid: 0.0904 | 22 Open: 0.0908 Close: 0.0897 Mid: 0.0900 | 23 Open: 0.0897 Close: 0.0887 Mid: 0.0892 | 24 Open: 0.0887 Close: 0.0887 Mid: 0.0889 | 25 |
26 | 27 Open: 0.0888 Close: 0.0886 Mid: 0.0886 | 28 Open: 0.0886 Close: 0.0891 Mid: 0.0886 | 29 Open: 0.0891 Close: 0.0886 Mid: 0.0890 | 30 Open: 0.0886 Close: 0.0872 Mid: 0.0880 | 31 Open: 0.0872 Close: 0.0866 Mid: 0.0870 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 0.0864 Close: 0.0872 Mid: 0.0869 | 4 Open: 0.0872 Close: 0.0865 Mid: 0.0869 | 5 Open: 0.0865 Close: 0.0852 Mid: 0.0860 | 6 Open: 0.0852 Close: 0.0850 Mid: 0.0853 | 7 Open: 0.0850 Close: 0.0867 Mid: 0.0860 | 8 |
9 | 10 Open: 0.0868 Close: 0.0872 Mid: 0.0871 | 11 Open: 0.0872 Close: 0.0876 Mid: 0.0874 | 12 Open: 0.0876 Close: 0.0879 Mid: 0.0876 | 13 Open: 0.0879 Close: 0.0880 Mid: 0.0879 | 14 Open: 0.0880 Close: 0.0885 Mid: 0.0885 | 15 |
16 | 17 Open: 0.0886 Close: 0.0894 Mid: 0.0892 | 18 Open: 0.0894 Close: 0.0902 Mid: 0.0899 | 19 Open: 0.0902 Close: 0.0908 Mid: 0.0906 | 20 Open: 0.0908 Close: 0.0909 Mid: 0.0904 | 21 Open: 0.0909 Close: 0.0910 Mid: 0.0911 | 22 |
23 | 24 Open: 0.0908 Close: 0.0902 Mid: 0.0903 | 25 Open: 0.0902 Close: 0.0896 Mid: 0.0900 | 26 Open: 0.0896 Close: 0.0905 Mid: 0.0900 | 27 Open: 0.0905 Close: 0.0890 Mid: 0.0897 | 28 Open: 0.0890 Close: 0.0902 Mid: 0.0898 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.0910 Close: 0.0895 Mid: 0.0903 | 2 Open: 0.0895 Close: 0.0885 Mid: 0.0890 | 3 Open: 0.0885 Close: 0.0890 Mid: 0.0890 | 4 Open: 0.0890 Close: 0.0895 Mid: 0.0892 | 5 Open: 0.0895 Close: 0.0895 Mid: 0.0896 | 6 | |
7 | 8 Open: 0.0894 Close: 0.0901 Mid: 0.0898 | 9 Open: 0.0901 Close: 0.0899 Mid: 0.0901 | 10 Open: 0.0899 Close: 0.0907 Mid: 0.0905 | 11 Open: 0.0907 Close: 0.0911 Mid: 0.0909 | 12 Open: 0.0911 Close: 0.0910 Mid: 0.0910 | 13 |
14 | 15 Open: 0.0909 Close: 0.0905 Mid: 0.0905 | 16 Open: 0.0905 Close: 0.0916 Mid: 0.0909 | 17 Open: 0.0916 Close: 0.0904 Mid: 0.0908 | 18 Open: 0.0904 Close: 0.0906 Mid: 0.0906 | 19 Open: 0.0906 Close: 0.0911 Mid: 0.0907 | 20 |
21 | 22 Open: 0.0909 Close: 0.0916 Mid: 0.0913 | 23 Open: 0.0916 Close: 0.0913 Mid: 0.0913 | 24 Open: 0.0913 Close: 0.0918 Mid: 0.0918 | 25 Open: 0.0918 Close: 0.0925 Mid: 0.0919 | 26 Open: 0.0925 Close: 0.0929 Mid: 0.0927 | 27 |
28 | 29 Open: 0.0926 Close: 0.0923 Mid: 0.0925 | 30 Open: 0.0923 Close: 0.0924 Mid: 0.0925 | 31 Open: 0.0924 Close: 0.0923 Mid: 0.0926 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.0923 Close: 0.0920 Mid: 0.0923 | 2 Open: 0.0920 Close: 0.0918 Mid: 0.0920 | 3 | ||||
4 | 5 Open: 0.0919 Close: 0.0909 Mid: 0.0916 | 6 Open: 0.0909 Close: 0.0909 Mid: 0.0910 | 7 Open: 0.0909 Close: 0.0906 Mid: 0.0909 | 8 Open: 0.0906 Close: 0.0905 Mid: 0.0907 | 9 Open: 0.0905 Close: 0.0910 Mid: 0.0908 | 10 |
11 | 12 Open: 0.0910 Close: 0.0911 Mid: 0.0911 | 13 Open: 0.0911 Close: 0.0909 Mid: 0.0910 | 14 Open: 0.0909 Close: 0.0922 Mid: 0.0916 | 15 Open: 0.0922 Close: 0.0928 Mid: 0.0924 | 16 Open: 0.0928 Close: 0.0925 Mid: 0.0928 | 17 |
18 | 19 Open: 0.0927 Close: 0.0924 Mid: 0.0925 | 20 Open: 0.0924 Close: 0.0912 Mid: 0.0916 | 21 Open: 0.0912 Close: 0.0911 Mid: 0.0911 | 22 Open: 0.0911 Close: 0.0904 Mid: 0.0907 | 23 Open: 0.0904 Close: 0.0905 Mid: 0.0906 | 24 |
25 | 26 Open: 0.0907 Close: 0.0909 Mid: 0.0907 | 27 Open: 0.0909 Close: 0.0903 Mid: 0.0906 | 28 Open: 0.0903 Close: 0.0898 Mid: 0.0901 | 29 Open: 0.0898 Close: 0.0900 Mid: 0.0899 | 30 Open: 0.0900 Close: 0.0898 Mid: 0.0902 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.0899 Close: 0.0900 Mid: 0.0898 | 3 Open: 0.0900 Close: 0.0899 Mid: 0.0899 | 4 Open: 0.0899 Close: 0.0903 Mid: 0.0901 | 5 Open: 0.0903 Close: 0.0907 Mid: 0.0906 | 6 Open: 0.0907 Close: 0.0907 Mid: 0.0908 | 7 |
8 | 9 Open: 0.0907 Close: 0.0911 Mid: 0.0908 | 10 Open: 0.0911 Close: 0.0906 Mid: 0.0909 | 11 Open: 0.0906 Close: 0.0910 Mid: 0.0910 | 12 Open: 0.0910 Close: 0.0910 Mid: 0.0908 | 13 Open: 0.0910 Close: 0.0914 Mid: 0.0912 | 14 |
15 | 16 Open: 0.0914 Close: 0.0915 Mid: 0.0914 | 17 Open: 0.0915 Close: 0.0919 Mid: 0.0917 | 18 Open: 0.0919 Close: 0.0918 Mid: 0.0917 | 19 Open: 0.0918 Close: 0.0916 Mid: 0.0915 | 20 Open: 0.0916 Close: 0.0920 Mid: 0.0915 | 21 |
22 | 23 Open: 0.0918 Close: 0.0920 Mid: 0.0921 | 24 Open: 0.0920 Close: 0.0914 Mid: 0.0918 | 25 Open: 0.0914 Close: 0.0924 Mid: 0.0918 | 26 Open: 0.0924 Close: 0.0920 Mid: 0.0924 | 27 Open: 0.0920 Close: 0.0921 Mid: 0.0921 | 28 |
29 | 30 Open: 0.0923 Close: 0.0912 Mid: 0.0917 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.0912 Close: 0.0915 Mid: 0.0915 | 2 Open: 0.0915 Close: 0.0920 Mid: 0.0915 | 3 Open: 0.0920 Close: 0.0919 Mid: 0.0924 | 4 Open: 0.0919 Close: 0.0928 Mid: 0.0923 | 5 | ||
6 | 7 Open: 0.0928 Close: 0.0939 Mid: 0.0933 | 8 Open: 0.0939 Close: 0.0926 Mid: 0.0934 | 9 Open: 0.0927 Close: 0.0934 Mid: 0.0932 | 10 Open: 0.0934 Close: 0.0936 Mid: 0.0936 | 11 Open: 0.0936 Close: 0.0941 Mid: 0.0939 | 12 |
13 | 14 Open: 0.0942 Close: 0.0933 Mid: 0.0938 | 15 Open: 0.0933 Close: 0.0932 Mid: 0.0933 | 16 Open: 0.0932 Close: 0.0936 Mid: 0.0937 | 17 Open: 0.0936 Close: 0.0933 Mid: 0.0932 | 18 Open: 0.0933 Close: 0.0936 Mid: 0.0937 | 19 |
20 | 21 Open: 0.0938 Close: 0.0941 Mid: 0.0938 | 22 Open: 0.0941 Close: 0.0944 Mid: 0.0942 | 23 Open: 0.0944 Close: 0.0936 Mid: 0.0939 | 24 Open: 0.0936 Close: 0.0941 Mid: 0.0939 | 25 Open: 0.0941 Close: 0.0947 Mid: 0.0944 | 26 |
27 | 28 Open: 0.0948 Close: 0.0945 Mid: 0.0944 | 29 Open: 0.0945 Close: 0.0948 Mid: 0.0947 | 30 Open: 0.0948 Close: 0.0948 Mid: 0.0949 | 31 Open: 0.0948 Close: 0.0950 Mid: 0.0948 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.0950 Close: 0.0950 Mid: 0.0950 | 2 | |||||
3 | 4 Open: 0.0951 Close: 0.0956 Mid: 0.0952 | 5 Open: 0.0956 Close: 0.0957 Mid: 0.0957 | 6 Open: 0.0957 Close: 0.0955 Mid: 0.0951 | 7 Open: 0.0955 Close: 0.0959 Mid: 0.0956 | 8 Open: 0.0959 Close: 0.0953 Mid: 0.0956 | 9 |
10 | 11 Open: 0.0952 Close: 0.0935 Mid: 0.0944 | 12 Open: 0.0935 Close: 0.0932 Mid: 0.0932 | 13 Open: 0.0932 Close: 0.0932 Mid: 0.0935 | 14 Open: 0.0932 Close: 0.0935 Mid: 0.0933 | 15 Open: 0.0935 Close: 0.0937 Mid: 0.0936 | 16 |
17 | 18 Open: 0.0937 Close: 0.0945 Mid: 0.0943 | 19 Open: 0.0945 Close: 0.0937 Mid: 0.0942 | 20 Open: 0.0937 Close: 0.0939 Mid: 0.0938 | 21 Open: 0.0939 Close: 0.0942 Mid: 0.0942 | 22 Open: 0.0942 Close: 0.0946 Mid: 0.0948 | 23 |
24 | 25 Open: 0.0946 Close: 0.0948 Mid: 0.0947 | 26 Open: 0.0948 Close: 0.0943 Mid: 0.0947 | 27 Open: 0.0943 Close: 0.0933 Mid: 0.0936 | 28 Open: 0.0933 Close: 0.0938 Mid: 0.0934 | 29 Open: 0.0938 Close: 0.0935 Mid: 0.0937 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.0933 Close: 0.0937 Mid: 0.0935 | 3 Open: 0.0937 Close: 0.0939 Mid: 0.0939 | 4 Open: 0.0939 Close: 0.0941 Mid: 0.0940 | 5 Open: 0.0940 Close: 0.0943 Mid: 0.0943 | 6 Open: 0.0943 Close: 0.0951 Mid: 0.0947 | 7 |
8 | 9 Open: 0.0950 Close: 0.0959 Mid: 0.0957 | 10 Open: 0.0959 Close: 0.0968 Mid: 0.0962 | 11 Open: 0.0968 Close: 0.0976 Mid: 0.0973 | 12 Open: 0.0976 Close: 0.0974 Mid: 0.0976 | 13 Open: 0.0974 Close: 0.0971 Mid: 0.0968 | 14 |
15 | 16 Open: 0.0971 Close: 0.0968 Mid: 0.0969 | 17 Open: 0.0968 Close: 0.0960 Mid: 0.0963 | 18 Open: 0.0960 Close: 0.0970 Mid: 0.0967 | 19 Open: 0.0970 Close: 0.0965 Mid: 0.0967 | 20 Open: 0.0965 Close: 0.0965 Mid: 0.0967 | 21 |
22 | 23 Open: 0.0967 Close: 0.0954 Mid: 0.0961 | 24 Open: 0.0954 Close: 0.0955 Mid: 0.0955 | 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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