Best Swedish Krona / Bulgarian Lev Exchange Rate Today: 0.1695
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 0.1690, and the most competitive travel money / cash rates start at approximately 0.1680.
Live rate: 1 SEK = 0.1695 BGN (+0% )
Inverted: 1 BGN = 5.8997 SEK
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 | 0.1695 | 0 | 0.1678 | |||
 | 0.1690 (indicative) | 0 | 0.1690 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 0.1683 (indicative) | 0 | 0.1683 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 0.1695 | 1.96% | 0.1662 | 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. | |
 | 0.1680 | 0 | 0.1680 | 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  | 0.1648 (upper range) | Variable | 0.1648 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 0.1636 (lower range) | Variable | 0.1636 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 0.1619 | 0 | 0.1619 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1769 Close: 0.1753 Mid: 0.1761 | 2 Open: 0.1753 Close: 0.1749 Mid: 0.1755 | 3 Open: 0.1749 Close: 0.1736 Mid: 0.1744 | 4 Open: 0.1737 Close: 0.1749 Mid: 0.1743 | 5 Open: 0.1748 Close: 0.1739 Mid: 0.1745 | 6 | |
7 | 8 Open: 0.1742 Close: 0.1741 Mid: 0.1743 | 9 Open: 0.1742 Close: 0.1745 Mid: 0.1743 | 10 Open: 0.1746 Close: 0.1745 Mid: 0.1746 | 11 Open: 0.1745 Close: 0.1736 Mid: 0.1742 | 12 Open: 0.1736 Close: 0.1735 Mid: 0.1736 | 13 |
14 | 15 Open: 0.1735 Close: 0.1729 Mid: 0.1734 | 16 Open: 0.1730 Close: 0.1721 Mid: 0.1726 | 17 Open: 0.1722 Close: 0.1722 Mid: 0.1720 | 18 Open: 0.1723 Close: 0.1711 Mid: 0.1717 | 19 Open: 0.1712 Close: 0.1715 Mid: 0.1716 | 20 |
21 | 22 Open: 0.1716 Close: 0.1717 Mid: 0.1718 | 23 Open: 0.1718 Close: 0.1718 Mid: 0.1721 | 24 Open: 0.1718 Close: 0.1721 Mid: 0.1722 | 25 Open: 0.1721 Close: 0.1724 Mid: 0.1724 | 26 Open: 0.1724 Close: 0.1725 Mid: 0.1724 | 27 |
28 | 29 Open: 0.1725 Close: 0.1729 Mid: 0.1724 | 30 Open: 0.1729 Close: 0.1730 Mid: 0.1731 | 31 Open: 0.1730 Close: 0.1736 Mid: 0.1736 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1737 Close: 0.1731 Mid: 0.1732 | 2 Open: 0.1731 Close: 0.1728 Mid: 0.1731 | 3 | ||||
4 | 5 Open: 0.1729 Close: 0.1719 Mid: 0.1723 | 6 Open: 0.1719 Close: 0.1728 Mid: 0.1720 | 7 Open: 0.1729 Close: 0.1734 Mid: 0.1732 | 8 Open: 0.1734 Close: 0.1733 Mid: 0.1734 | 9 Open: 0.1733 Close: 0.1734 Mid: 0.1733 | 10 |
11 | 12 Open: 0.1733 Close: 0.1745 Mid: 0.1739 | 13 Open: 0.1745 Close: 0.1725 Mid: 0.1735 | 14 Open: 0.1724 Close: 0.1733 Mid: 0.1731 | 15 Open: 0.1733 Close: 0.1735 Mid: 0.1737 | 16 Open: 0.1735 Close: 0.1738 Mid: 0.1737 | 17 |
18 | 19 Open: 0.1736 Close: 0.1746 Mid: 0.1742 | 20 Open: 0.1746 Close: 0.1745 Mid: 0.1745 | 21 Open: 0.1745 Close: 0.1745 Mid: 0.1745 | 22 Open: 0.1745 Close: 0.1748 Mid: 0.1749 | 23 Open: 0.1749 Close: 0.1751 Mid: 0.1750 | 24 |
25 | 26 Open: 0.1750 Close: 0.1753 Mid: 0.1752 | 27 Open: 0.1753 Close: 0.1748 Mid: 0.1751 | 28 Open: 0.1748 Close: 0.1747 Mid: 0.1748 | 29 Open: 0.1747 Close: 0.1744 Mid: 0.1746 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1744 Close: 0.1749 Mid: 0.1748 | 2 | |||||
3 | 4 Open: 0.1750 Close: 0.1736 Mid: 0.1743 | 5 Open: 0.1736 Close: 0.1735 Mid: 0.1735 | 6 Open: 0.1735 Close: 0.1745 Mid: 0.1739 | 7 Open: 0.1744 Close: 0.1747 Mid: 0.1745 | 8 Open: 0.1747 Close: 0.1747 Mid: 0.1748 | 9 |
10 | 11 Open: 0.1750 Close: 0.1749 Mid: 0.1748 | 12 Open: 0.1749 Close: 0.1747 Mid: 0.1752 | 13 Open: 0.1748 Close: 0.1748 Mid: 0.1748 | 14 Open: 0.1748 Close: 0.1737 Mid: 0.1743 | 15 Open: 0.1737 Close: 0.1735 Mid: 0.1736 | 16 |
17 | 18 Open: 0.1733 Close: 0.1723 Mid: 0.1728 | 19 Open: 0.1723 Close: 0.1724 Mid: 0.1721 | 20 Open: 0.1725 Close: 0.1724 Mid: 0.1723 | 21 Open: 0.1724 Close: 0.1723 Mid: 0.1723 | 22 Open: 0.1722 Close: 0.1710 Mid: 0.1717 | 23 |
24 | 25 Open: 0.1710 Close: 0.1707 Mid: 0.1709 | 26 Open: 0.1706 Close: 0.1705 Mid: 0.1707 | 27 Open: 0.1705 Close: 0.1700 Mid: 0.1703 | 28 Open: 0.1700 Close: 0.1694 Mid: 0.1697 | 29 Open: 0.1694 Close: 0.1699 Mid: 0.1695 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1697 Close: 0.1686 Mid: 0.1691 | 2 Open: 0.1686 Close: 0.1693 Mid: 0.1694 | 3 Open: 0.1693 Close: 0.1695 Mid: 0.1695 | 4 Open: 0.1695 Close: 0.1695 Mid: 0.1699 | 5 Open: 0.1695 Close: 0.1695 Mid: 0.1697 | 6 | |
7 | 8 Open: 0.1696 Close: 0.1705 Mid: 0.1702 | 9 Open: 0.1705 Close: 0.1706 Mid: 0.1707 | 10 Open: 0.1706 Close: 0.1701 Mid: 0.1702 | 11 Open: 0.1701 Close: 0.1698 Mid: 0.1697 | 12 Open: 0.1698 Close: 0.1689 Mid: 0.1693 | 13 |
14 | 15 Open: 0.1690 Close: 0.1691 Mid: 0.1691 | 16 Open: 0.1691 Close: 0.1681 Mid: 0.1686 | 17 Open: 0.1681 Close: 0.1679 Mid: 0.1677 | 18 Open: 0.1679 Close: 0.1675 Mid: 0.1680 | 19 Open: 0.1675 Close: 0.1690 Mid: 0.1681 | 20 |
21 | 22 Open: 0.1687 Close: 0.1684 Mid: 0.1686 | 23 Open: 0.1684 Close: 0.1686 Mid: 0.1685 | 24 Open: 0.1686 Close: 0.1678 Mid: 0.1683 | 25 Open: 0.1678 Close: 0.1675 Mid: 0.1675 | 26 Open: 0.1675 Close: 0.1669 Mid: 0.1674 | 27 |
28 | 29 Open: 0.1685 Close: 0.1668 Mid: 0.1676 | 30 Open: 0.1668 Close: 0.1662 Mid: 0.1666 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1661 Close: 0.1671 Mid: 0.1667 | 2 Open: 0.1671 Close: 0.1679 Mid: 0.1675 | 3 Open: 0.1679 Close: 0.1683 Mid: 0.1682 | 4 | |||
5 | 6 Open: 0.1685 Close: 0.1680 Mid: 0.1680 | 7 Open: 0.1680 Close: 0.1676 Mid: 0.1678 | 8 Open: 0.1676 Close: 0.1668 Mid: 0.1672 | 9 Open: 0.1668 Close: 0.1671 Mid: 0.1670 | 10 Open: 0.1671 Close: 0.1675 Mid: 0.1672 | 11 |
12 | 13 Open: 0.1675 Close: 0.1670 Mid: 0.1673 | 14 Open: 0.1671 Close: 0.1671 Mid: 0.1671 | 15 Open: 0.1671 Close: 0.1684 Mid: 0.1678 | 16 Open: 0.1684 Close: 0.1679 Mid: 0.1683 | 17 Open: 0.1679 Close: 0.1677 Mid: 0.1678 | 18 |
19 | 20 Open: 0.1679 Close: 0.1683 Mid: 0.1682 | 21 Open: 0.1683 Close: 0.1683 Mid: 0.1685 | 22 Open: 0.1684 Close: 0.1682 Mid: 0.1683 | 23 Open: 0.1682 Close: 0.1683 Mid: 0.1686 | 24 Open: 0.1683 Close: 0.1689 Mid: 0.1688 | 25 |
26 | 27 Open: 0.1689 Close: 0.1695 Mid: 0.1693 | 28 Open: 0.1695 Close: 0.1702 Mid: 0.1701 | 29 Open: 0.1702 Close: 0.1696 Mid: 0.1699 | 30 Open: 0.1696 Close: 0.1705 Mid: 0.1700 | 31 Open: 0.1705 Close: 0.1709 Mid: 0.1709 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 0.1710 Close: 0.1722 Mid: 0.1717 | 4 Open: 0.1723 Close: 0.1722 Mid: 0.1720 | 5 Open: 0.1722 Close: 0.1729 Mid: 0.1727 | 6 Open: 0.1730 Close: 0.1729 Mid: 0.1730 | 7 Open: 0.1729 Close: 0.1715 Mid: 0.1724 | 8 |
9 | 10 Open: 0.1714 Close: 0.1734 Mid: 0.1722 | 11 Open: 0.1734 Close: 0.1737 Mid: 0.1735 | 12 Open: 0.1737 Close: 0.1747 Mid: 0.1746 | 13 Open: 0.1747 Close: 0.1733 Mid: 0.1741 | 14 Open: 0.1733 Close: 0.1740 Mid: 0.1735 | 15 |
16 | 17 Open: 0.1737 Close: 0.1738 Mid: 0.1737 | 18 Open: 0.1738 Close: 0.1745 Mid: 0.1741 | 19 Open: 0.1745 Close: 0.1745 Mid: 0.1745 | 20 Open: 0.1744 Close: 0.1741 Mid: 0.1745 | 21 Open: 0.1740 Close: 0.1741 Mid: 0.1740 | 22 |
23 | 24 Open: 0.1739 Close: 0.1737 Mid: 0.1739 | 25 Open: 0.1737 Close: 0.1737 Mid: 0.1738 | 26 Open: 0.1737 Close: 0.1735 Mid: 0.1733 | 27 Open: 0.1734 Close: 0.1720 Mid: 0.1728 | 28 Open: 0.1720 Close: 0.1723 Mid: 0.1721 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1725 Close: 0.1718 Mid: 0.1720 | 2 Open: 0.1717 Close: 0.1720 Mid: 0.1715 | 3 Open: 0.1720 Close: 0.1727 Mid: 0.1723 | 4 Open: 0.1727 Close: 0.1724 Mid: 0.1725 | 5 Open: 0.1724 Close: 0.1722 Mid: 0.1722 | 6 | |
7 | 8 Open: 0.1718 Close: 0.1709 Mid: 0.1715 | 9 Open: 0.1708 Close: 0.1716 Mid: 0.1711 | 10 Open: 0.1716 Close: 0.1709 Mid: 0.1712 | 11 Open: 0.1709 Close: 0.1713 Mid: 0.1714 | 12 Open: 0.1713 Close: 0.1703 Mid: 0.1708 | 13 |
14 | 15 Open: 0.1705 Close: 0.1692 Mid: 0.1698 | 16 Open: 0.1692 Close: 0.1693 Mid: 0.1692 | 17 Open: 0.1693 Close: 0.1699 Mid: 0.1696 | 18 Open: 0.1698 Close: 0.1693 Mid: 0.1697 | 19 Open: 0.1693 Close: 0.1683 Mid: 0.1691 | 20 |
21 | 22 Open: 0.1685 Close: 0.1675 Mid: 0.1682 | 23 Open: 0.1675 Close: 0.1672 Mid: 0.1674 | 24 Open: 0.1672 Close: 0.1674 Mid: 0.1671 | 25 Open: 0.1674 Close: 0.1666 Mid: 0.1667 | 26 Open: 0.1666 Close: 0.1665 Mid: 0.1668 | 27 |
28 | 29 Open: 0.1667 Close: 0.1666 Mid: 0.1668 | 30 Open: 0.1666 Close: 0.1680 Mid: 0.1672 | 31 Open: 0.1680 Close: 0.1686 Mid: 0.1684 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1686 Close: 0.1694 Mid: 0.1692 | 2 Open: 0.1693 Close: 0.1698 Mid: 0.1694 | 3 | ||||
4 | 5 Open: 0.1700 Close: 0.1688 Mid: 0.1697 | 6 Open: 0.1688 Close: 0.1702 Mid: 0.1697 | 7 Open: 0.1702 Close: 0.1710 Mid: 0.1710 | 8 Open: 0.1710 Close: 0.1699 Mid: 0.1706 | 9 Open: 0.1700 Close: 0.1702 Mid: 0.1702 | 10 |
11 | 12 Open: 0.1699 Close: 0.1700 Mid: 0.1701 | 13 Open: 0.1700 Close: 0.1701 Mid: 0.1699 | 14 Open: 0.1701 Close: 0.1697 Mid: 0.1703 | 15 Open: 0.1697 Close: 0.1686 Mid: 0.1692 | 16 Open: 0.1687 Close: 0.1699 Mid: 0.1691 | 17 |
18 | 19 Open: 0.1707 Close: 0.1713 Mid: 0.1705 | 20 Open: 0.1713 Close: 0.1726 Mid: 0.1718 | 21 Open: 0.1726 Close: 0.1720 Mid: 0.1720 | 22 Open: 0.1721 Close: 0.1717 Mid: 0.1718 | 23 Open: 0.1717 Close: 0.1716 Mid: 0.1714 | 24 |
25 | 26 Open: 0.1711 Close: 0.1715 Mid: 0.1716 | 27 Open: 0.1715 Close: 0.1721 Mid: 0.1717 | 28 Open: 0.1721 Close: 0.1728 Mid: 0.1724 | 29 Open: 0.1728 Close: 0.1727 Mid: 0.1726 | 30 Open: 0.1727 Close: 0.1724 Mid: 0.1725 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.1724 Close: 0.1722 Mid: 0.1725 | 3 Open: 0.1722 Close: 0.1720 Mid: 0.1722 | 4 Open: 0.1720 Close: 0.1718 Mid: 0.1717 | 5 Open: 0.1718 Close: 0.1716 Mid: 0.1718 | 6 Open: 0.1716 Close: 0.1715 Mid: 0.1719 | 7 |
8 | 9 Open: 0.1716 Close: 0.1709 Mid: 0.1712 | 10 Open: 0.1708 Close: 0.1710 Mid: 0.1709 | 11 Open: 0.1710 Close: 0.1709 Mid: 0.1710 | 12 Open: 0.1709 Close: 0.1716 Mid: 0.1713 | 13 Open: 0.1716 Close: 0.1725 Mid: 0.1722 | 14 |
15 | 16 Open: 0.1723 Close: 0.1725 Mid: 0.1726 | 17 Open: 0.1725 Close: 0.1730 Mid: 0.1727 | 18 Open: 0.1729 Close: 0.1721 Mid: 0.1725 | 19 Open: 0.1722 Close: 0.1725 Mid: 0.1727 | 20 Open: 0.1725 Close: 0.1719 Mid: 0.1720 | 21 |
22 | 23 Open: 0.1720 Close: 0.1721 Mid: 0.1721 | 24 Open: 0.1721 Close: 0.1734 Mid: 0.1727 | 25 Open: 0.1734 Close: 0.1723 Mid: 0.1730 | 26 Open: 0.1724 Close: 0.1730 Mid: 0.1729 | 27 Open: 0.1730 Close: 0.1738 Mid: 0.1734 | 28 |
29 | 30 Open: 0.1736 Close: 0.1725 Mid: 0.1731 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1725 Close: 0.1722 Mid: 0.1724 | 2 Open: 0.1722 Close: 0.1724 Mid: 0.1723 | 3 Open: 0.1724 Close: 0.1718 Mid: 0.1723 | 4 Open: 0.1719 Close: 0.1717 Mid: 0.1717 | 5 | ||
6 | 7 Open: 0.1722 Close: 0.1720 Mid: 0.1719 | 8 Open: 0.1720 Close: 0.1722 Mid: 0.1721 | 9 Open: 0.1723 Close: 0.1719 Mid: 0.1722 | 10 Open: 0.1719 Close: 0.1723 Mid: 0.1721 | 11 Open: 0.1723 Close: 0.1724 Mid: 0.1723 | 12 |
13 | 14 Open: 0.1721 Close: 0.1718 Mid: 0.1721 | 15 Open: 0.1718 Close: 0.1723 Mid: 0.1724 | 16 Open: 0.1724 Close: 0.1714 Mid: 0.1723 | 17 Open: 0.1714 Close: 0.1708 Mid: 0.1712 | 18 Open: 0.1709 Close: 0.1712 Mid: 0.1711 | 19 |
20 | 21 Open: 0.1712 Close: 0.1712 Mid: 0.1712 | 22 Open: 0.1712 Close: 0.1712 Mid: 0.1714 | 23 Open: 0.1713 Close: 0.1719 Mid: 0.1713 | 24 Open: 0.1719 Close: 0.1715 Mid: 0.1716 | 25 Open: 0.1715 Close: 0.1704 Mid: 0.1710 | 26 |
27 | 28 Open: 0.1705 Close: 0.1699 Mid: 0.1704 | 29 Open: 0.1699 Close: 0.1698 Mid: 0.1697 | 30 Open: 0.1698 Close: 0.1691 Mid: 0.1693 | 31 Open: 0.1691 Close: 0.1698 Mid: 0.1691 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.1697 Close: 0.1676 Mid: 0.1686 | 2 | |||||
3 | 4 Open: 0.1679 Close: 0.1673 Mid: 0.1679 | 5 Open: 0.1674 Close: 0.1670 Mid: 0.1674 | 6 Open: 0.1670 Close: 0.1680 Mid: 0.1673 | 7 Open: 0.1679 Close: 0.1694 Mid: 0.1686 | 8 Open: 0.1694 Close: 0.1684 Mid: 0.1687 | 9 |
10 | 11 Open: 0.1682 Close: 0.1694 Mid: 0.1686 | 12 Open: 0.1693 Close: 0.1699 Mid: 0.1695 | 13 Open: 0.1698 Close: 0.1682 Mid: 0.1689 | 14 Open: 0.1682 Close: 0.1687 Mid: 0.1685 | 15 Open: 0.1687 Close: 0.1693 Mid: 0.1691 | 16 |
17 | 18 Open: 0.1690 Close: 0.1694 Mid: 0.1691 | 19 Open: 0.1694 Close: 0.1690 Mid: 0.1689 | 20 Open: 0.1690 Close: 0.1682 Mid: 0.1685 | 21 Open: 0.1682 Close: 0.1686 Mid: 0.1686 | 22 Open: 0.1686 Close: 0.1699 Mid: 0.1692 | 23 |
24 | 25 Open: 0.1702 Close: 0.1698 Mid: 0.1701 | 26 Open: 0.1698 Close: 0.1694 Mid: 0.1694 | 27 Open: 0.1695 Close: 0.1695 Mid: 0.1696 | 28 Open: 0.1695 Close: 0.1695 Mid: 0.1695 | 29 Open: 0.1695 Close: 0.1694 Mid: 0.1697 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.1696 Close: 0.1696 Mid: 0.1695 | 3 Open: 0.1696 Close: 0.1688 Mid: 0.1691 | 4 Open: 0.1688 Close: 0.1702 Mid: 0.1694 | 5 Open: 0.1702 Close: 0.1705 Mid: 0.1702 | 6 Open: 0.1705 Close: 0.1693 Mid: 0.1699 | 7 |
8 | 9 Open: 0.1695 Close: 0.1699 Mid: 0.1695 | 10 Open: 0.1699 Close: 0.1691 Mid: 0.1695 | 11 Open: 0.1691 Close: 0.1696 Mid: 0.1695 | 12 Open: 0.1696 Close: 0.1698 Mid: 0.1701 | 13 Open: 0.1698 Close: 0.1701 Mid: 0.1700 | 14 |
15 | 16 Open: 0.1699 Close: 0.1708 Mid: 0.1703 | 17 Open: 0.1708 Close: 0.1699 Mid: 0.1703 | 18 Open: 0.1699 Close: 0.1694 Mid: 0.1699 | 19 Open: 0.1694 Close: 0.1716 Mid: 0.1706 | 20 Open: 0.1716 Close: 0.1697 Mid: 0.1707 | 21 |
22 | 23 Open: 0.1700 Close: 0.1702 Mid: 0.1700 | 24 Open: 0.1702 Close: 0.1695 Mid: 0.1697 | 25 Open: 0.1702 Close: 0.1695 Mid: 0.1697 | 26 Open: 0.1702 Close: 0.1695 Mid: 0.1697 | 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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