Best Swedish Krona / Hungarian Forint Exchange Rate Today: 35.6338
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 35.5269, and the most competitive travel money / cash rates start at approximately 35.3131.
Live rate: 1 SEK = 35.6338 HUF (+0.1138% )
Inverted: 1 HUF = 0.0281 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 | 35.6338 | 0 | 35.2775 | |||
 | 35.5269 (indicative) | 0 | 35.5269 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 35.3844 (indicative) | 0 | 35.3844 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 35.6338 | 1.49% | 35.1029 | 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. | |
 | 35.3131 | 0 | 35.3131 | 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  | 34.6361 (upper range) | Variable | 34.6361 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 34.3866 (lower range) | Variable | 34.3866 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 34.0303 | 0 | 34.0303 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 34.4099 Close: 34.4099 Mid: 34.4099 | 2 Open: 34.3850 Close: 34.1511 Mid: 34.3204 | 3 Open: 34.1458 Close: 33.8336 Mid: 33.9713 | 4 Open: 33.8375 Close: 33.8647 Mid: 33.8412 | 5 Open: 33.8699 Close: 33.6548 Mid: 33.7484 | 6 | |
7 | 8 Open: 33.6681 Close: 33.6813 Mid: 33.6418 | 9 Open: 33.6876 Close: 33.8025 Mid: 33.7311 | 10 Open: 33.8300 Close: 33.7083 Mid: 33.7778 | 11 Open: 33.7051 Close: 33.6666 Mid: 33.7451 | 12 Open: 33.6665 Close: 33.6833 Mid: 33.7094 | 13 |
14 | 15 Open: 33.6935 Close: 33.4997 Mid: 33.6437 | 16 Open: 33.4979 Close: 33.4050 Mid: 33.4882 | 17 Open: 33.4217 Close: 33.4586 Mid: 33.4579 | 18 Open: 33.4689 Close: 33.5472 Mid: 33.4765 | 19 Open: 33.5353 Close: 33.5125 Mid: 33.5485 | 20 |
21 | 22 Open: 33.5487 Close: 33.6542 Mid: 33.6187 | 23 Open: 33.6862 Close: 33.9315 Mid: 33.8294 | 24 Open: 33.9329 Close: 34.1039 Mid: 34.0141 | 25 Open: 34.0947 Close: 33.9969 Mid: 34.0323 | 26 Open: 33.9929 Close: 34.1402 Mid: 34.1135 | 27 |
28 | 29 Open: 34.1453 Close: 34.4253 Mid: 34.2749 | 30 Open: 34.4184 Close: 34.2227 Mid: 34.3439 | 31 Open: 34.2265 Close: 34.1089 Mid: 34.2208 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 34.1162 Close: 33.9062 Mid: 33.9774 | 2 Open: 33.8876 Close: 33.8925 Mid: 33.9403 | 3 | ||||
4 | 5 Open: 33.9437 Close: 33.9488 Mid: 33.9133 | 6 Open: 33.9368 Close: 34.1763 Mid: 34.0035 | 7 Open: 34.1852 Close: 34.4066 Mid: 34.3395 | 8 Open: 34.4067 Close: 34.4137 Mid: 34.3699 | 9 Open: 34.4180 Close: 34.3216 Mid: 34.4147 | 10 |
11 | 12 Open: 34.3604 Close: 34.5347 Mid: 34.4208 | 13 Open: 34.5290 Close: 34.1429 Mid: 34.3612 | 14 Open: 34.1471 Close: 34.4300 Mid: 34.3350 | 15 Open: 34.4279 Close: 34.5364 Mid: 34.4804 | 16 Open: 34.5368 Close: 34.6022 Mid: 34.5722 | 17 |
18 | 19 Open: 34.5055 Close: 34.6784 Mid: 34.6354 | 20 Open: 34.6784 Close: 34.6206 Mid: 34.6535 | 21 Open: 34.6176 Close: 34.5451 Mid: 34.5884 | 22 Open: 34.5462 Close: 34.7078 Mid: 34.6545 | 23 Open: 34.7322 Close: 34.8104 Mid: 34.7681 | 24 |
25 | 26 Open: 34.7930 Close: 34.8868 Mid: 34.8469 | 27 Open: 34.8835 Close: 34.9582 Mid: 34.9206 | 28 Open: 34.9608 Close: 35.1147 Mid: 35.0450 | 29 Open: 35.1264 Close: 35.0103 Mid: 35.1001 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 35.0202 Close: 35.2431 Mid: 35.1572 | 2 | |||||
3 | 4 Open: 35.2381 Close: 35.1522 Mid: 35.2025 | 5 Open: 35.1523 Close: 34.9453 Mid: 35.0456 | 6 Open: 34.9528 Close: 35.1058 Mid: 34.9526 | 7 Open: 35.1055 Close: 35.3153 Mid: 35.2452 | 8 Open: 35.3151 Close: 35.2647 Mid: 35.2640 | 9 |
10 | 11 Open: 35.2877 Close: 35.2599 Mid: 35.2688 | 12 Open: 35.2674 Close: 35.6735 Mid: 35.5480 | 13 Open: 35.6739 Close: 35.3779 Mid: 35.5044 | 14 Open: 35.3780 Close: 35.1667 Mid: 35.2588 | 15 Open: 35.1667 Close: 34.8169 Mid: 34.9717 | 16 |
17 | 18 Open: 34.8414 Close: 34.8175 Mid: 34.7867 | 19 Open: 34.8176 Close: 34.7976 Mid: 34.7660 | 20 Open: 34.7971 Close: 34.6947 Mid: 34.7502 | 21 Open: 34.6947 Close: 34.7396 Mid: 34.7076 | 22 Open: 34.7397 Close: 34.8141 Mid: 34.7849 | 23 |
24 | 25 Open: 34.7600 Close: 34.6413 Mid: 34.6920 | 26 Open: 34.6414 Close: 34.4762 Mid: 34.5278 | 27 Open: 34.4762 Close: 34.3574 Mid: 34.4187 | 28 Open: 34.3575 Close: 34.1291 Mid: 34.3017 | 29 Open: 34.1290 Close: 34.1888 Mid: 34.1181 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 34.2573 Close: 34.0537 Mid: 34.0920 | 2 Open: 34.0538 Close: 34.1471 Mid: 34.1792 | 3 Open: 34.1472 Close: 34.0381 Mid: 34.0808 | 4 Open: 34.0378 Close: 33.9980 Mid: 34.0441 | 5 Open: 33.9969 Close: 33.8427 Mid: 33.8570 | 6 | |
7 | 8 Open: 33.8216 Close: 33.9910 Mid: 33.9437 | 9 Open: 33.9836 Close: 34.0737 Mid: 34.0152 | 10 Open: 34.0737 Close: 33.9640 Mid: 33.9924 | 11 Open: 33.9642 Close: 33.8658 Mid: 33.8695 | 12 Open: 33.8659 Close: 33.9068 Mid: 33.8877 | 13 |
14 | 15 Open: 33.8729 Close: 34.0681 Mid: 33.9766 | 16 Open: 34.0607 Close: 33.9511 Mid: 34.0138 | 17 Open: 33.9511 Close: 33.6519 Mid: 33.7640 | 18 Open: 33.6518 Close: 33.7702 Mid: 33.7551 | 19 Open: 33.7700 Close: 33.8685 Mid: 33.8406 | 20 |
21 | 22 Open: 33.8536 Close: 33.9878 Mid: 33.9120 | 23 Open: 33.9879 Close: 33.9592 Mid: 33.9630 | 24 Open: 33.9591 Close: 33.8412 Mid: 33.9041 | 25 Open: 33.8414 Close: 33.6362 Mid: 33.7142 | 26 Open: 33.6329 Close: 33.5167 Mid: 33.6307 | 27 |
28 | 29 Open: 33.8404 Close: 33.4138 Mid: 33.6130 | 30 Open: 33.4139 Close: 33.2755 Mid: 33.3100 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 33.2751 Close: 33.3297 Mid: 33.2905 | 2 Open: 33.3297 Close: 33.4189 Mid: 33.3670 | 3 Open: 33.4180 Close: 33.4635 Mid: 33.4567 | 4 | |||
5 | 6 Open: 33.4875 Close: 33.3559 Mid: 33.4101 | 7 Open: 33.3559 Close: 33.3130 Mid: 33.3358 | 8 Open: 33.3145 Close: 33.1547 Mid: 33.2074 | 9 Open: 33.1546 Close: 33.1660 Mid: 33.1505 | 10 Open: 33.1660 Close: 33.2063 Mid: 33.1644 | 11 |
12 | 13 Open: 33.2097 Close: 33.0849 Mid: 33.1336 | 14 Open: 33.0850 Close: 32.9956 Mid: 33.0180 | 15 Open: 32.9957 Close: 33.2193 Mid: 33.1323 | 16 Open: 33.2194 Close: 33.2176 Mid: 33.2365 | 17 Open: 33.2179 Close: 33.2391 Mid: 33.2297 | 18 |
19 | 20 Open: 33.2501 Close: 33.2556 Mid: 33.2547 | 21 Open: 33.2555 Close: 33.2041 Mid: 33.2403 | 22 Open: 33.2041 Close: 33.3134 Mid: 33.2741 | 23 Open: 33.3137 Close: 33.2432 Mid: 33.3582 | 24 Open: 33.2439 Close: 33.1887 Mid: 33.2452 | 25 |
26 | 27 Open: 33.2145 Close: 33.3769 Mid: 33.2964 | 28 Open: 33.3766 Close: 33.4877 Mid: 33.4021 | 29 Open: 33.4878 Close: 33.6717 Mid: 33.5707 | 30 Open: 33.6716 Close: 33.9385 Mid: 33.7781 | 31 Open: 33.9457 Close: 34.0963 Mid: 33.9847 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 34.1279 Close: 34.3832 Mid: 34.3190 | 4 Open: 34.3831 Close: 34.6168 Mid: 34.4667 | 5 Open: 34.6166 Close: 34.5770 Mid: 34.5939 | 6 Open: 34.5767 Close: 34.4244 Mid: 34.5341 | 7 Open: 34.4251 Close: 34.3626 Mid: 34.4273 | 8 |
9 | 10 Open: 34.3586 Close: 34.8349 Mid: 34.6184 | 11 Open: 34.8349 Close: 35.0914 Mid: 34.9444 | 12 Open: 35.0915 Close: 35.2264 Mid: 35.2017 | 13 Open: 35.2253 Close: 35.2716 Mid: 35.2328 | 14 Open: 35.2715 Close: 35.3858 Mid: 35.3172 | 15 |
16 | 17 Open: 35.3287 Close: 35.1718 Mid: 35.2312 | 18 Open: 35.1718 Close: 35.1943 Mid: 35.1796 | 19 Open: 35.1941 Close: 35.2929 Mid: 35.2690 | 20 Open: 35.3001 Close: 35.3144 Mid: 35.3987 | 21 Open: 35.3142 Close: 35.2906 Mid: 35.3303 | 22 |
23 | 24 Open: 35.3009 Close: 35.1393 Mid: 35.2020 | 25 Open: 35.1393 Close: 35.1616 Mid: 35.1725 | 26 Open: 35.1616 Close: 35.1258 Mid: 35.1348 | 27 Open: 35.1254 Close: 34.8599 Mid: 35.0451 | 28 Open: 34.8600 Close: 34.7906 Mid: 34.7852 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 34.8227 Close: 34.6166 Mid: 34.6558 | 2 Open: 34.6167 Close: 34.7283 Mid: 34.6592 | 3 Open: 34.7282 Close: 34.8550 Mid: 34.7898 | 4 Open: 34.8550 Close: 34.6274 Mid: 34.7511 | 5 Open: 34.6274 Close: 34.5594 Mid: 34.5703 | 6 | |
7 | 8 Open: 34.5509 Close: 34.4509 Mid: 34.4972 | 9 Open: 34.4364 Close: 34.5205 Mid: 34.5317 | 10 Open: 34.5202 Close: 34.4662 Mid: 34.4245 | 11 Open: 34.4660 Close: 34.5483 Mid: 34.5275 | 12 Open: 34.5488 Close: 34.1323 Mid: 34.3206 | 13 |
14 | 15 Open: 34.2249 Close: 33.8884 Mid: 34.0366 | 16 Open: 33.8886 Close: 33.9647 Mid: 33.8975 | 17 Open: 33.9567 Close: 33.9010 Mid: 33.9256 | 18 Open: 33.9018 Close: 33.8198 Mid: 33.8262 | 19 Open: 33.8214 Close: 33.6340 Mid: 33.7691 | 20 |
21 | 22 Open: 33.6557 Close: 33.3554 Mid: 33.5442 | 23 Open: 33.3555 Close: 33.3938 Mid: 33.4407 | 24 Open: 33.4009 Close: 33.6628 Mid: 33.4957 | 25 Open: 33.6629 Close: 33.4013 Mid: 33.5133 | 26 Open: 33.4009 Close: 33.3239 Mid: 33.3472 | 27 |
28 | 29 Open: 33.2594 Close: 33.5467 Mid: 33.4367 | 30 Open: 33.5468 Close: 33.9433 Mid: 33.6963 | 31 Open: 33.9439 Close: 34.0361 Mid: 34.0129 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 34.0367 Close: 34.2186 Mid: 34.2142 | 2 Open: 34.2187 Close: 34.4430 Mid: 34.2694 | 3 | ||||
4 | 5 Open: 34.4283 Close: 34.3074 Mid: 34.4018 | 6 Open: 34.3077 Close: 34.5755 Mid: 34.4615 | 7 Open: 34.5752 Close: 34.7333 Mid: 34.7925 | 8 Open: 34.7334 Close: 34.5345 Mid: 34.6153 | 9 Open: 34.5270 Close: 34.3295 Mid: 34.4696 | 10 |
11 | 12 Open: 34.3570 Close: 34.2596 Mid: 34.2569 | 13 Open: 34.2594 Close: 34.1926 Mid: 34.2209 | 14 Open: 34.1926 Close: 34.2732 Mid: 34.2544 | 15 Open: 34.2731 Close: 34.2110 Mid: 34.2358 | 16 Open: 34.2109 Close: 34.2889 Mid: 34.2353 | 17 |
18 | 19 Open: 34.4084 Close: 34.4981 Mid: 34.3428 | 20 Open: 34.4981 Close: 34.6552 Mid: 34.5784 | 21 Open: 34.6553 Close: 34.5705 Mid: 34.5405 | 22 Open: 34.5701 Close: 34.5745 Mid: 34.5728 | 23 Open: 34.5743 Close: 34.5478 Mid: 34.5077 | 24 |
25 | 26 Open: 34.4214 Close: 34.5862 Mid: 34.6069 | 27 Open: 34.5863 Close: 34.6287 Mid: 34.6001 | 28 Open: 34.6285 Close: 34.6996 Mid: 34.6826 | 29 Open: 34.6980 Close: 34.6766 Mid: 34.6639 | 30 Open: 34.6764 Close: 34.6214 Mid: 34.6154 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 34.6301 Close: 34.5847 Mid: 34.6237 | 3 Open: 34.5840 Close: 34.6282 Mid: 34.5969 | 4 Open: 34.6210 Close: 34.5333 Mid: 34.5239 | 5 Open: 34.5331 Close: 34.5213 Mid: 34.4913 | 6 Open: 34.5212 Close: 34.4730 Mid: 34.6507 | 7 |
8 | 9 Open: 34.5338 Close: 34.6482 Mid: 34.5738 | 10 Open: 34.6481 Close: 34.7261 Mid: 34.6808 | 11 Open: 34.7186 Close: 34.6301 Mid: 34.6661 | 12 Open: 34.6298 Close: 34.7181 Mid: 34.6665 | 13 Open: 34.7178 Close: 34.8468 Mid: 34.8008 | 14 |
15 | 16 Open: 34.8104 Close: 34.8227 Mid: 34.8147 | 17 Open: 34.8302 Close: 34.8388 Mid: 34.8176 | 18 Open: 34.8389 Close: 34.7358 Mid: 34.8131 | 19 Open: 34.7357 Close: 34.7630 Mid: 34.8426 | 20 Open: 34.7630 Close: 34.6234 Mid: 34.6576 | 21 |
22 | 23 Open: 34.6263 Close: 34.8548 Mid: 34.7364 | 24 Open: 34.8549 Close: 34.9360 Mid: 34.8989 | 25 Open: 34.9360 Close: 34.8621 Mid: 34.8873 | 26 Open: 34.8621 Close: 35.0557 Mid: 34.9784 | 27 Open: 35.0557 Close: 35.2232 Mid: 35.1410 | 28 |
29 | 30 Open: 35.1903 Close: 35.1090 Mid: 35.1751 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 35.1089 Close: 35.0332 Mid: 35.0629 | 2 Open: 35.0332 Close: 35.3030 Mid: 35.1564 | 3 Open: 35.3026 Close: 35.3265 Mid: 35.2583 | 4 Open: 35.3263 Close: 35.2725 Mid: 35.3025 | 5 | ||
6 | 7 Open: 35.3695 Close: 35.3618 Mid: 35.3147 | 8 Open: 35.3617 Close: 35.2103 Mid: 35.2399 | 9 Open: 35.2032 Close: 35.0891 Mid: 35.1507 | 10 Open: 35.0892 Close: 35.2922 Mid: 35.2098 | 11 Open: 35.2930 Close: 35.3801 Mid: 35.3228 | 12 |
13 | 14 Open: 35.3650 Close: 35.2496 Mid: 35.2671 | 15 Open: 35.2492 Close: 35.2758 Mid: 35.3301 | 16 Open: 35.2758 Close: 35.1682 Mid: 35.2367 | 17 Open: 35.1681 Close: 35.0591 Mid: 35.1133 | 18 Open: 35.0594 Close: 34.9977 Mid: 35.0414 | 19 |
20 | 21 Open: 35.0536 Close: 35.1445 Mid: 35.0845 | 22 Open: 35.1445 Close: 35.1588 Mid: 35.1345 | 23 Open: 35.1588 Close: 35.2763 Mid: 35.2005 | 24 Open: 35.2691 Close: 35.2444 Mid: 35.2868 | 25 Open: 35.2445 Close: 35.2574 Mid: 35.2517 | 26 |
27 | 28 Open: 35.2631 Close: 35.1024 Mid: 35.2243 | 29 Open: 35.0953 Close: 35.2099 Mid: 35.1506 | 30 Open: 35.2029 Close: 35.1550 Mid: 35.2022 | 31 Open: 35.1552 Close: 35.2231 Mid: 35.2052 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 35.2229 Close: 35.0754 Mid: 35.1457 | 2 | |||||
3 | 4 Open: 35.0905 Close: 34.9756 Mid: 35.0457 | 5 Open: 34.9757 Close: 34.9792 Mid: 35.0272 | 6 Open: 34.9716 Close: 35.1864 Mid: 35.0911 | 7 Open: 35.1864 Close: 35.0573 Mid: 35.0958 | 8 Open: 35.0573 Close: 35.0953 Mid: 35.0678 | 9 |
10 | 11 Open: 35.0705 Close: 35.5173 Mid: 35.2846 | 12 Open: 35.5169 Close: 35.4795 Mid: 35.5203 | 13 Open: 35.4794 Close: 35.1513 Mid: 35.2809 | 14 Open: 35.1509 Close: 35.0961 Mid: 35.1301 | 15 Open: 35.0971 Close: 35.2804 Mid: 35.1356 | 16 |
17 | 18 Open: 35.2778 Close: 35.1704 Mid: 35.2184 | 19 Open: 35.1701 Close: 35.2850 Mid: 35.1527 | 20 Open: 35.2850 Close: 35.2451 Mid: 35.2102 | 21 Open: 35.2451 Close: 35.4671 Mid: 35.4002 | 22 Open: 35.4683 Close: 35.7907 Mid: 35.6104 | 23 |
24 | 25 Open: 35.7562 Close: 35.5134 Mid: 35.6959 | 26 Open: 35.5134 Close: 35.6099 Mid: 35.5777 | 27 Open: 35.6098 Close: 35.8249 Mid: 35.6928 | 28 Open: 35.8249 Close: 35.8444 Mid: 35.8553 | 29 Open: 35.8454 Close: 35.8074 Mid: 35.8691 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 35.8960 Close: 35.9135 Mid: 35.9311 | 3 Open: 35.9137 Close: 35.8190 Mid: 35.8307 | 4 Open: 35.8190 Close: 35.9975 Mid: 35.9114 | 5 Open: 35.9976 Close: 35.9371 Mid: 35.9060 | 6 Open: 35.9372 Close: 35.8067 Mid: 35.8920 | 7 |
8 | 9 Open: 35.8917 Close: 35.7620 Mid: 35.7524 | 10 Open: 35.7621 Close: 35.5055 Mid: 35.6134 | 11 Open: 35.5065 Close: 35.5721 Mid: 35.5624 | 12 Open: 35.5722 Close: 35.5048 Mid: 35.5721 | 13 Open: 35.5050 Close: 35.4473 Mid: 35.4819 | 14 |
15 | 16 Open: 35.5267 Close: 35.7268 Mid: 35.5781 | 17 Open: 35.7269 Close: 35.5901 Mid: 35.6563 | 18 Open: 35.5902 Close: 35.8659 Mid: 35.7446 | 19 Open: 35.8659 Close: 36.2787 Mid: 36.1805 | 20 Open: 36.2786 Close: 35.9701 Mid: 36.0759 | 21 |
22 | 23 Open: 36.0052 Close: 35.8706 Mid: 35.9801 | 24 Open: 35.8706 Close: 35.5933 Mid: 35.6978 | 25 Open: 35.8706 Close: 35.5933 Mid: 35.6978 | 26 Open: 35.6263 Close: 35.6498 Mid: 35.7075 | 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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