Best Swedish Krona / East Caribbean Dollar Exchange Rate Today: 0.2442
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 0.2435, and the most competitive travel money / cash rates start at approximately 0.2420.
Live rate: 1 SEK = 0.2442 XCD (+0.2875% )
Inverted: 1 XCD = 4.0950 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 | 0.2442 | 0 | 0.2418 | |||
 | 0.2435 (indicative) | 0 | 0.2435 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 0.2425 (indicative) | 0 | 0.2425 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 0.2442 | 2.66% | 0.2377 | 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. | |
 | 0.2420 | 0 | 0.2420 | 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  | 0.2374 (upper range) | Variable | 0.2374 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 0.2357 (lower range) | Variable | 0.2357 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 0.2332 | 0 | 0.2332 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2678 Close: 0.2678 Mid: 0.2678 | 2 Open: 0.2678 Close: 0.2644 Mid: 0.2668 | 3 Open: 0.2644 Close: 0.2627 Mid: 0.2638 | 4 Open: 0.2627 Close: 0.2645 Mid: 0.2639 | 5 Open: 0.2644 Close: 0.2633 Mid: 0.2641 | 6 | |
7 | 8 Open: 0.2636 Close: 0.2641 Mid: 0.2636 | 9 Open: 0.2642 Close: 0.2635 Mid: 0.2637 | 10 Open: 0.2636 Close: 0.2643 Mid: 0.2639 | 11 Open: 0.2643 Close: 0.2634 Mid: 0.2639 | 12 Open: 0.2634 Close: 0.2629 Mid: 0.2632 | 13 |
14 | 15 Open: 0.2629 Close: 0.2617 Mid: 0.2626 | 16 Open: 0.2617 Close: 0.2588 Mid: 0.2602 | 17 Open: 0.2588 Close: 0.2586 Mid: 0.2582 | 18 Open: 0.2587 Close: 0.2577 Mid: 0.2580 | 19 Open: 0.2577 Close: 0.2583 Mid: 0.2580 | 20 |
21 | 22 Open: 0.2584 Close: 0.2582 Mid: 0.2586 | 23 Open: 0.2583 Close: 0.2577 Mid: 0.2584 | 24 Open: 0.2577 Close: 0.2588 Mid: 0.2590 | 25 Open: 0.2589 Close: 0.2588 Mid: 0.2590 | 26 Open: 0.2588 Close: 0.2585 Mid: 0.2588 | 27 |
28 | 29 Open: 0.2585 Close: 0.2589 Mid: 0.2580 | 30 Open: 0.2588 Close: 0.2595 Mid: 0.2591 | 31 Open: 0.2596 Close: 0.2599 Mid: 0.2604 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2600 Close: 0.2602 Mid: 0.2593 | 2 Open: 0.2602 Close: 0.2574 Mid: 0.2590 | 3 | ||||
4 | 5 Open: 0.2575 Close: 0.2548 Mid: 0.2559 | 6 Open: 0.2549 Close: 0.2572 Mid: 0.2556 | 7 Open: 0.2573 Close: 0.2580 Mid: 0.2578 | 8 Open: 0.2580 Close: 0.2581 Mid: 0.2578 | 9 Open: 0.2580 Close: 0.2585 Mid: 0.2582 | 10 |
11 | 12 Open: 0.2584 Close: 0.2599 Mid: 0.2590 | 13 Open: 0.2598 Close: 0.2553 Mid: 0.2579 | 14 Open: 0.2553 Close: 0.2568 Mid: 0.2561 | 15 Open: 0.2568 Close: 0.2585 Mid: 0.2579 | 16 Open: 0.2585 Close: 0.2589 Mid: 0.2584 | 17 |
18 | 19 Open: 0.2587 Close: 0.2599 Mid: 0.2594 | 20 Open: 0.2599 Close: 0.2608 Mid: 0.2605 | 21 Open: 0.2608 Close: 0.2608 Mid: 0.2607 | 22 Open: 0.2608 Close: 0.2618 Mid: 0.2620 | 23 Open: 0.2619 Close: 0.2618 Mid: 0.2620 | 24 |
25 | 26 Open: 0.2617 Close: 0.2628 Mid: 0.2622 | 27 Open: 0.2628 Close: 0.2621 Mid: 0.2625 | 28 Open: 0.2622 Close: 0.2615 Mid: 0.2614 | 29 Open: 0.2615 Close: 0.2605 Mid: 0.2612 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2605 Close: 0.2619 Mid: 0.2613 | 2 | |||||
3 | 4 Open: 0.2619 Close: 0.2605 Mid: 0.2614 | 5 Open: 0.2605 Close: 0.2604 Mid: 0.2605 | 6 Open: 0.2604 Close: 0.2624 Mid: 0.2614 | 7 Open: 0.2624 Close: 0.2643 Mid: 0.2633 | 8 Open: 0.2643 Close: 0.2644 Mid: 0.2647 | 9 |
10 | 11 Open: 0.2648 Close: 0.2639 Mid: 0.2641 | 12 Open: 0.2639 Close: 0.2640 Mid: 0.2642 | 13 Open: 0.2640 Close: 0.2643 Mid: 0.2641 | 14 Open: 0.2643 Close: 0.2614 Mid: 0.2630 | 15 Open: 0.2614 Close: 0.2609 Mid: 0.2610 | 16 |
17 | 18 Open: 0.2607 Close: 0.2590 Mid: 0.2599 | 19 Open: 0.2590 Close: 0.2590 Mid: 0.2582 | 20 Open: 0.2590 Close: 0.2602 Mid: 0.2589 | 21 Open: 0.2602 Close: 0.2582 Mid: 0.2592 | 22 Open: 0.2582 Close: 0.2558 Mid: 0.2571 | 23 |
24 | 25 Open: 0.2557 Close: 0.2555 Mid: 0.2557 | 26 Open: 0.2555 Close: 0.2552 Mid: 0.2557 | 27 Open: 0.2552 Close: 0.2547 Mid: 0.2548 | 28 Open: 0.2546 Close: 0.2526 Mid: 0.2533 | 29 Open: 0.2526 Close: 0.2533 Mid: 0.2527 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2531 Close: 0.2502 Mid: 0.2516 | 2 Open: 0.2502 Close: 0.2517 Mid: 0.2514 | 3 Open: 0.2517 Close: 0.2539 Mid: 0.2529 | 4 Open: 0.2539 Close: 0.2540 Mid: 0.2548 | 5 Open: 0.2539 Close: 0.2540 Mid: 0.2537 | 6 | |
7 | 8 Open: 0.2541 Close: 0.2558 Mid: 0.2551 | 9 Open: 0.2558 Close: 0.2561 Mid: 0.2564 | 10 Open: 0.2561 Close: 0.2521 Mid: 0.2539 | 11 Open: 0.2521 Close: 0.2520 Mid: 0.2518 | 12 Open: 0.2520 Close: 0.2483 Mid: 0.2498 | 13 |
14 | 15 Open: 0.2483 Close: 0.2482 Mid: 0.2487 | 16 Open: 0.2482 Close: 0.2465 Mid: 0.2474 | 17 Open: 0.2465 Close: 0.2469 Mid: 0.2465 | 18 Open: 0.2469 Close: 0.2464 Mid: 0.2474 | 19 Open: 0.2464 Close: 0.2474 Mid: 0.2469 | 20 |
21 | 22 Open: 0.2471 Close: 0.2482 Mid: 0.2476 | 23 Open: 0.2482 Close: 0.2498 Mid: 0.2489 | 24 Open: 0.2498 Close: 0.2483 Mid: 0.2490 | 25 Open: 0.2483 Close: 0.2483 Mid: 0.2480 | 26 Open: 0.2483 Close: 0.2469 Mid: 0.2478 | 27 |
28 | 29 Open: 0.2522 Close: 0.2474 Mid: 0.2490 | 30 Open: 0.2474 Close: 0.2452 Mid: 0.2464 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2452 Close: 0.2473 Mid: 0.2462 | 2 Open: 0.2473 Close: 0.2488 Mid: 0.2476 | 3 Open: 0.2488 Close: 0.2499 Mid: 0.2500 | 4 | |||
5 | 6 Open: 0.2500 Close: 0.2499 Mid: 0.2499 | 7 Open: 0.2499 Close: 0.2488 Mid: 0.2493 | 8 Open: 0.2488 Close: 0.2477 Mid: 0.2480 | 9 Open: 0.2477 Close: 0.2491 Mid: 0.2481 | 10 Open: 0.2491 Close: 0.2493 Mid: 0.2491 | 11 |
12 | 13 Open: 0.2493 Close: 0.2493 Mid: 0.2494 | 14 Open: 0.2493 Close: 0.2501 Mid: 0.2491 | 15 Open: 0.2501 Close: 0.2534 Mid: 0.2517 | 16 Open: 0.2534 Close: 0.2522 Mid: 0.2529 | 17 Open: 0.2522 Close: 0.2522 Mid: 0.2521 | 18 |
19 | 20 Open: 0.2522 Close: 0.2528 Mid: 0.2529 | 21 Open: 0.2528 Close: 0.2526 Mid: 0.2531 | 22 Open: 0.2527 Close: 0.2517 Mid: 0.2525 | 23 Open: 0.2517 Close: 0.2516 Mid: 0.2522 | 24 Open: 0.2516 Close: 0.2533 Mid: 0.2527 | 25 |
26 | 27 Open: 0.2532 Close: 0.2546 Mid: 0.2540 | 28 Open: 0.2546 Close: 0.2555 Mid: 0.2556 | 29 Open: 0.2555 Close: 0.2532 Mid: 0.2544 | 30 Open: 0.2532 Close: 0.2551 Mid: 0.2540 | 31 Open: 0.2551 Close: 0.2567 Mid: 0.2561 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 0.2566 Close: 0.2596 Mid: 0.2579 | 4 Open: 0.2596 Close: 0.2589 Mid: 0.2588 | 5 Open: 0.2589 Close: 0.2600 Mid: 0.2596 | 6 Open: 0.2600 Close: 0.2601 Mid: 0.2601 | 7 Open: 0.2601 Close: 0.2565 Mid: 0.2587 | 8 |
9 | 10 Open: 0.2563 Close: 0.2580 Mid: 0.2564 | 11 Open: 0.2580 Close: 0.2578 Mid: 0.2577 | 12 Open: 0.2578 Close: 0.2605 Mid: 0.2602 | 13 Open: 0.2605 Close: 0.2580 Mid: 0.2593 | 14 Open: 0.2580 Close: 0.2569 Mid: 0.2569 | 15 |
16 | 17 Open: 0.2566 Close: 0.2579 Mid: 0.2569 | 18 Open: 0.2579 Close: 0.2589 Mid: 0.2580 | 19 Open: 0.2589 Close: 0.2590 Mid: 0.2591 | 20 Open: 0.2590 Close: 0.2574 Mid: 0.2585 | 21 Open: 0.2574 Close: 0.2572 Mid: 0.2571 | 22 |
23 | 24 Open: 0.2567 Close: 0.2580 Mid: 0.2577 | 25 Open: 0.2580 Close: 0.2572 Mid: 0.2578 | 26 Open: 0.2572 Close: 0.2556 Mid: 0.2560 | 27 Open: 0.2556 Close: 0.2544 Mid: 0.2551 | 28 Open: 0.2544 Close: 0.2549 Mid: 0.2544 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2557 Close: 0.2546 Mid: 0.2553 | 2 Open: 0.2546 Close: 0.2554 Mid: 0.2542 | 3 Open: 0.2554 Close: 0.2575 Mid: 0.2567 | 4 Open: 0.2575 Close: 0.2574 Mid: 0.2574 | 5 Open: 0.2574 Close: 0.2580 Mid: 0.2575 | 6 | |
7 | 8 Open: 0.2569 Close: 0.2554 Mid: 0.2566 | 9 Open: 0.2554 Close: 0.2561 Mid: 0.2557 | 10 Open: 0.2561 Close: 0.2563 Mid: 0.2562 | 11 Open: 0.2563 Close: 0.2575 Mid: 0.2575 | 12 Open: 0.2575 Close: 0.2566 Mid: 0.2570 | 13 |
14 | 15 Open: 0.2566 Close: 0.2549 Mid: 0.2559 | 16 Open: 0.2549 Close: 0.2551 Mid: 0.2547 | 17 Open: 0.2551 Close: 0.2563 Mid: 0.2558 | 18 Open: 0.2563 Close: 0.2549 Mid: 0.2557 | 19 Open: 0.2549 Close: 0.2531 Mid: 0.2544 | 20 |
21 | 22 Open: 0.2535 Close: 0.2520 Mid: 0.2529 | 23 Open: 0.2520 Close: 0.2510 Mid: 0.2514 | 24 Open: 0.2510 Close: 0.2507 Mid: 0.2506 | 25 Open: 0.2507 Close: 0.2495 Mid: 0.2497 | 26 Open: 0.2495 Close: 0.2498 Mid: 0.2501 | 27 |
28 | 29 Open: 0.2500 Close: 0.2496 Mid: 0.2498 | 30 Open: 0.2496 Close: 0.2510 Mid: 0.2501 | 31 Open: 0.2510 Close: 0.2527 Mid: 0.2519 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2527 Close: 0.2518 Mid: 0.2525 | 2 Open: 0.2518 Close: 0.2554 Mid: 0.2535 | 3 | ||||
4 | 5 Open: 0.2560 Close: 0.2558 Mid: 0.2559 | 6 Open: 0.2558 Close: 0.2567 Mid: 0.2565 | 7 Open: 0.2567 Close: 0.2575 Mid: 0.2580 | 8 Open: 0.2575 Close: 0.2571 Mid: 0.2577 | 9 Open: 0.2571 Close: 0.2569 Mid: 0.2572 | 10 |
11 | 12 Open: 0.2566 Close: 0.2568 Mid: 0.2569 | 13 Open: 0.2568 Close: 0.2583 Mid: 0.2574 | 14 Open: 0.2583 Close: 0.2582 Mid: 0.2589 | 15 Open: 0.2582 Close: 0.2564 Mid: 0.2573 | 16 Open: 0.2564 Close: 0.2588 Mid: 0.2572 | 17 |
18 | 19 Open: 0.2597 Close: 0.2621 Mid: 0.2602 | 20 Open: 0.2621 Close: 0.2649 Mid: 0.2633 | 21 Open: 0.2649 Close: 0.2654 Mid: 0.2649 | 22 Open: 0.2653 Close: 0.2637 Mid: 0.2647 | 23 Open: 0.2637 Close: 0.2655 Mid: 0.2641 | 24 |
25 | 26 Open: 0.2645 Close: 0.2645 Mid: 0.2650 | 27 Open: 0.2646 Close: 0.2663 Mid: 0.2653 | 28 Open: 0.2663 Close: 0.2651 Mid: 0.2654 | 29 Open: 0.2651 Close: 0.2643 Mid: 0.2647 | 30 Open: 0.2643 Close: 0.2631 Mid: 0.2638 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.2632 Close: 0.2635 Mid: 0.2636 | 3 Open: 0.2635 Close: 0.2622 Mid: 0.2627 | 4 Open: 0.2622 Close: 0.2630 Mid: 0.2624 | 5 Open: 0.2630 Close: 0.2636 Mid: 0.2633 | 6 Open: 0.2636 Close: 0.2624 Mid: 0.2636 | 7 |
8 | 9 Open: 0.2625 Close: 0.2604 Mid: 0.2615 | 10 Open: 0.2604 Close: 0.2605 Mid: 0.2605 | 11 Open: 0.2605 Close: 0.2602 Mid: 0.2604 | 12 Open: 0.2602 Close: 0.2628 Mid: 0.2613 | 13 Open: 0.2628 Close: 0.2642 Mid: 0.2639 | 14 |
15 | 16 Open: 0.2638 Close: 0.2657 Mid: 0.2650 | 17 Open: 0.2657 Close: 0.2652 Mid: 0.2653 | 18 Open: 0.2652 Close: 0.2646 Mid: 0.2656 | 19 Open: 0.2646 Close: 0.2660 Mid: 0.2655 | 20 Open: 0.2660 Close: 0.2657 Mid: 0.2656 | 21 |
22 | 23 Open: 0.2658 Close: 0.2651 Mid: 0.2650 | 24 Open: 0.2651 Close: 0.2677 Mid: 0.2662 | 25 Open: 0.2677 Close: 0.2653 Mid: 0.2667 | 26 Open: 0.2653 Close: 0.2672 Mid: 0.2666 | 27 Open: 0.2672 Close: 0.2678 Mid: 0.2674 | 28 |
29 | 30 Open: 0.2675 Close: 0.2660 Mid: 0.2672 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2660 Close: 0.2632 Mid: 0.2643 | 2 Open: 0.2632 Close: 0.2633 Mid: 0.2633 | 3 Open: 0.2633 Close: 0.2622 Mid: 0.2629 | 4 Open: 0.2622 Close: 0.2607 Mid: 0.2615 | 5 | ||
6 | 7 Open: 0.2612 Close: 0.2609 Mid: 0.2607 | 8 Open: 0.2609 Close: 0.2615 Mid: 0.2611 | 9 Open: 0.2615 Close: 0.2599 Mid: 0.2608 | 10 Open: 0.2599 Close: 0.2601 Mid: 0.2600 | 11 Open: 0.2601 Close: 0.2606 Mid: 0.2602 | 12 |
13 | 14 Open: 0.2602 Close: 0.2593 Mid: 0.2596 | 15 Open: 0.2593 Close: 0.2594 Mid: 0.2599 | 16 Open: 0.2594 Close: 0.2573 Mid: 0.2590 | 17 Open: 0.2573 Close: 0.2564 Mid: 0.2569 | 18 Open: 0.2564 Close: 0.2569 Mid: 0.2567 | 19 |
20 | 21 Open: 0.2568 Close: 0.2558 Mid: 0.2563 | 22 Open: 0.2558 Close: 0.2563 Mid: 0.2564 | 23 Open: 0.2563 Close: 0.2552 Mid: 0.2551 | 24 Open: 0.2552 Close: 0.2559 Mid: 0.2553 | 25 Open: 0.2559 Close: 0.2544 Mid: 0.2554 | 26 |
27 | 28 Open: 0.2548 Close: 0.2537 Mid: 0.2544 | 29 Open: 0.2537 Close: 0.2540 Mid: 0.2536 | 30 Open: 0.2540 Close: 0.2531 Mid: 0.2532 | 31 Open: 0.2531 Close: 0.2538 Mid: 0.2529 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.2538 Close: 0.2515 Mid: 0.2530 | 2 | |||||
3 | 4 Open: 0.2528 Close: 0.2519 Mid: 0.2530 | 5 Open: 0.2519 Close: 0.2525 Mid: 0.2525 | 6 Open: 0.2525 Close: 0.2490 Mid: 0.2500 | 7 Open: 0.2490 Close: 0.2530 Mid: 0.2509 | 8 Open: 0.2530 Close: 0.2498 Mid: 0.2509 | 9 |
10 | 11 Open: 0.2493 Close: 0.2492 Mid: 0.2491 | 12 Open: 0.2492 Close: 0.2480 Mid: 0.2483 | 13 Open: 0.2480 Close: 0.2461 Mid: 0.2470 | 14 Open: 0.2460 Close: 0.2456 Mid: 0.2456 | 15 Open: 0.2456 Close: 0.2461 Mid: 0.2461 | 16 |
17 | 18 Open: 0.2457 Close: 0.2479 Mid: 0.2466 | 19 Open: 0.2479 Close: 0.2475 Mid: 0.2469 | 20 Open: 0.2475 Close: 0.2450 Mid: 0.2462 | 21 Open: 0.2450 Close: 0.2442 Mid: 0.2449 | 22 Open: 0.2442 Close: 0.2449 Mid: 0.2441 | 23 |
24 | 25 Open: 0.2461 Close: 0.2460 Mid: 0.2463 | 26 Open: 0.2460 Close: 0.2459 Mid: 0.2456 | 27 Open: 0.2459 Close: 0.2477 Mid: 0.2471 | 28 Open: 0.2477 Close: 0.2475 Mid: 0.2473 | 29 Open: 0.2475 Close: 0.2480 Mid: 0.2479 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.2483 Close: 0.2458 Mid: 0.2465 | 3 Open: 0.2458 Close: 0.2455 Mid: 0.2457 | 4 Open: 0.2455 Close: 0.2473 Mid: 0.2462 | 5 Open: 0.2473 Close: 0.2490 Mid: 0.2479 | 6 Open: 0.2490 Close: 0.2471 Mid: 0.2482 | 7 |
8 | 9 Open: 0.2472 Close: 0.2476 Mid: 0.2475 | 10 Open: 0.2476 Close: 0.2463 Mid: 0.2468 | 11 Open: 0.2463 Close: 0.2462 Mid: 0.2463 | 12 Open: 0.2462 Close: 0.2452 Mid: 0.2464 | 13 Open: 0.2452 Close: 0.2462 Mid: 0.2458 | 14 |
15 | 16 Open: 0.2458 Close: 0.2483 Mid: 0.2471 | 17 Open: 0.2483 Close: 0.2465 Mid: 0.2473 | 18 Open: 0.2465 Close: 0.2428 Mid: 0.2451 | 19 Open: 0.2428 Close: 0.2450 Mid: 0.2448 | 20 Open: 0.2450 Close: 0.2449 Mid: 0.2453 | 21 |
22 | 23 Open: 0.2452 Close: 0.2446 Mid: 0.2448 | 24 Open: 0.2446 Close: 0.2435 Mid: 0.2440 | 25 Open: 0.2446 Close: 0.2435 Mid: 0.2440 | 26 Open: 0.2435 Close: 0.2439 Mid: 0.2439 | 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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