Best Swedish Krona / Norwegian Krone Exchange Rate Today: 1.0250
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 1.0219, and the most competitive travel money / cash rates start at approximately 1.0158.
Live rate: 1 SEK = 1.0250 NOK (-0.1% )
Inverted: 1 NOK = 0.9756 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 | 1.0250 | 0 | 1.0148 | |||
 | 1.0219 (indicative) | 0 | 1.0219 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 1.0178 (indicative) | 0 | 1.0178 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 1.0250 | 1.74% | 1.0072 | 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. | |
 | 1.0158 | 0 | 1.0158 | 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  | 0.9963 (upper range) | Variable | 0.9963 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 0.9891 (lower range) | Variable | 0.9891 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 0.9789 | 0 | 0.9789 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.0083 Close: 1.0083 Mid: 1.0083 | 2 Open: 1.0085 Close: 1.0123 Mid: 1.0114 | 3 Open: 1.0124 Close: 1.0057 Mid: 1.0099 | 4 Open: 1.0055 Close: 1.0077 Mid: 1.0076 | 5 Open: 1.0078 Close: 1.0041 Mid: 1.0068 | 6 | |
7 | 8 Open: 1.0078 Close: 1.0129 Mid: 1.0099 | 9 Open: 1.0131 Close: 1.0107 Mid: 1.0110 | 10 Open: 1.0112 Close: 1.0122 Mid: 1.0101 | 11 Open: 1.0121 Close: 1.0050 Mid: 1.0092 | 12 Open: 1.0050 Close: 1.0010 Mid: 1.0029 | 13 |
14 | 15 Open: 0.9998 Close: 1.0031 Mid: 1.0025 | 16 Open: 1.0022 Close: 1.0025 Mid: 1.0026 | 17 Open: 1.0029 Close: 1.0056 Mid: 1.0030 | 18 Open: 1.0062 Close: 1.0042 Mid: 1.0044 | 19 Open: 1.0042 Close: 1.0029 Mid: 1.0024 | 20 |
21 | 22 Open: 1.0029 Close: 1.0053 Mid: 1.0046 | 23 Open: 1.0053 Close: 1.0018 Mid: 1.0053 | 24 Open: 1.0018 Close: 1.0029 Mid: 1.0036 | 25 Open: 1.0028 Close: 0.9994 Mid: 1.0019 | 26 Open: 0.9994 Close: 0.9965 Mid: 0.9991 | 27 |
28 | 29 Open: 0.9976 Close: 0.9984 Mid: 0.9967 | 30 Open: 0.9984 Close: 1.0026 Mid: 1.0008 | 31 Open: 1.0030 Close: 1.0105 Mid: 1.0072 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.0107 Close: 1.0055 Mid: 1.0056 | 2 Open: 1.0048 Close: 1.0112 Mid: 1.0092 | 3 | ||||
4 | 5 Open: 1.0116 Close: 1.0086 Mid: 1.0079 | 6 Open: 1.0083 Close: 1.0075 Mid: 1.0072 | 7 Open: 1.0075 Close: 1.0101 Mid: 1.0104 | 8 Open: 1.0101 Close: 1.0140 Mid: 1.0117 | 9 Open: 1.0137 Close: 1.0087 Mid: 1.0115 | 10 |
11 | 12 Open: 1.0091 Close: 1.0094 Mid: 1.0092 | 13 Open: 1.0095 Close: 1.0089 Mid: 1.0088 | 14 Open: 1.0089 Close: 1.0056 Mid: 1.0073 | 15 Open: 1.0056 Close: 1.0065 Mid: 1.0075 | 16 Open: 1.0066 Close: 1.0065 Mid: 1.0066 | 17 |
18 | 19 Open: 1.0070 Close: 1.0082 Mid: 1.0076 | 20 Open: 1.0082 Close: 1.0121 Mid: 1.0102 | 21 Open: 1.0121 Close: 1.0118 Mid: 1.0121 | 22 Open: 1.0117 Close: 1.0181 Mid: 1.0153 | 23 Open: 1.0186 Close: 1.0208 Mid: 1.0200 | 24 |
25 | 26 Open: 1.0196 Close: 1.0222 Mid: 1.0216 | 27 Open: 1.0220 Close: 1.0217 Mid: 1.0223 | 28 Open: 1.0218 Close: 1.0246 Mid: 1.0228 | 29 Open: 1.0248 Close: 1.0240 Mid: 1.0251 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.0240 Close: 1.0193 Mid: 1.0225 | 2 | |||||
3 | 4 Open: 1.0199 Close: 1.0188 Mid: 1.0193 | 5 Open: 1.0188 Close: 1.0190 Mid: 1.0175 | 6 Open: 1.0188 Close: 1.0187 Mid: 1.0193 | 7 Open: 1.0188 Close: 1.0174 Mid: 1.0184 | 8 Open: 1.0174 Close: 1.0203 Mid: 1.0181 | 9 |
10 | 11 Open: 1.0219 Close: 1.0212 Mid: 1.0218 | 12 Open: 1.0212 Close: 1.0275 Mid: 1.0253 | 13 Open: 1.0275 Close: 1.0248 Mid: 1.0253 | 14 Open: 1.0248 Close: 1.0214 Mid: 1.0233 | 15 Open: 1.0213 Close: 1.0247 Mid: 1.0225 | 16 |
17 | 18 Open: 1.0156 Close: 1.0214 Mid: 1.0188 | 19 Open: 1.0214 Close: 1.0206 Mid: 1.0200 | 20 Open: 1.0206 Close: 1.0175 Mid: 1.0183 | 21 Open: 1.0176 Close: 1.0193 Mid: 1.0173 | 22 Open: 1.0192 Close: 1.0180 Mid: 1.0189 | 23 |
24 | 25 Open: 1.0211 Close: 1.0131 Mid: 1.0158 | 26 Open: 1.0131 Close: 1.0156 Mid: 1.0133 | 27 Open: 1.0156 Close: 1.0161 Mid: 1.0141 | 28 Open: 1.0161 Close: 1.0146 Mid: 1.0150 | 29 Open: 1.0146 Close: 1.0153 Mid: 1.0146 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.0148 Close: 1.0145 Mid: 1.0141 | 2 Open: 1.0145 Close: 1.0097 Mid: 1.0144 | 3 Open: 1.0097 Close: 1.0070 Mid: 1.0089 | 4 Open: 1.0070 Close: 1.0081 Mid: 1.0091 | 5 Open: 1.0082 Close: 1.0081 Mid: 1.0089 | 6 | |
7 | 8 Open: 1.0095 Close: 1.0114 Mid: 1.0107 | 9 Open: 1.0113 Close: 1.0115 Mid: 1.0110 | 10 Open: 1.0116 Close: 1.0103 Mid: 1.0094 | 11 Open: 1.0103 Close: 1.0093 Mid: 1.0099 | 12 Open: 1.0093 Close: 1.0015 Mid: 1.0053 | 13 |
14 | 15 Open: 1.0025 Close: 1.0053 Mid: 1.0041 | 16 Open: 1.0053 Close: 1.0020 Mid: 1.0046 | 17 Open: 1.0020 Close: 1.0050 Mid: 1.0032 | 18 Open: 1.0050 Close: 1.0078 Mid: 1.0078 | 19 Open: 1.0078 Close: 1.0087 Mid: 1.0073 | 20 |
21 | 22 Open: 1.0098 Close: 1.0092 Mid: 1.0102 | 23 Open: 1.0092 Close: 1.0088 Mid: 1.0103 | 24 Open: 1.0088 Close: 1.0095 Mid: 1.0088 | 25 Open: 1.0095 Close: 1.0069 Mid: 1.0072 | 26 Open: 1.0068 Close: 1.0082 Mid: 1.0084 | 27 |
28 | 29 Open: 1.0163 Close: 1.0059 Mid: 1.0107 | 30 Open: 1.0060 Close: 1.0083 Mid: 1.0072 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.0083 Close: 1.0102 Mid: 1.0096 | 2 Open: 1.0102 Close: 1.0118 Mid: 1.0124 | 3 Open: 1.0118 Close: 1.0050 Mid: 1.0079 | 4 | |||
5 | 6 Open: 1.0058 Close: 1.0016 Mid: 1.0025 | 7 Open: 1.0016 Close: 1.0040 Mid: 1.0028 | 8 Open: 1.0041 Close: 1.0001 Mid: 1.0028 | 9 Open: 1.0001 Close: 0.9999 Mid: 1.0007 | 10 Open: 0.9999 Close: 1.0002 Mid: 0.9992 | 11 |
12 | 13 Open: 1.0043 Close: 0.9975 Mid: 1.0005 | 14 Open: 0.9976 Close: 0.9998 Mid: 0.9971 | 15 Open: 0.9998 Close: 1.0001 Mid: 1.0004 | 16 Open: 1.0001 Close: 0.9982 Mid: 1.0001 | 17 Open: 0.9983 Close: 0.9965 Mid: 0.9979 | 18 |
19 | 20 Open: 0.9981 Close: 1.0011 Mid: 0.9996 | 21 Open: 1.0011 Close: 0.9977 Mid: 1.0005 | 22 Open: 0.9977 Close: 0.9973 Mid: 0.9971 | 23 Open: 0.9973 Close: 0.9940 Mid: 0.9957 | 24 Open: 0.9940 Close: 0.9919 Mid: 0.9923 | 25 |
26 | 27 Open: 0.9927 Close: 0.9889 Mid: 0.9913 | 28 Open: 0.9889 Close: 0.9937 Mid: 0.9922 | 29 Open: 0.9937 Close: 0.9922 Mid: 0.9923 | 30 Open: 0.9922 Close: 0.9960 Mid: 0.9932 | 31 Open: 0.9960 Close: 0.9966 Mid: 0.9963 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 0.9981 Close: 1.0043 Mid: 1.0002 | 4 Open: 1.0043 Close: 1.0122 Mid: 1.0082 | 5 Open: 1.0122 Close: 1.0181 Mid: 1.0147 | 6 Open: 1.0181 Close: 1.0157 Mid: 1.0177 | 7 Open: 1.0157 Close: 1.0165 Mid: 1.0168 | 8 |
9 | 10 Open: 1.0148 Close: 1.0161 Mid: 1.0160 | 11 Open: 1.0161 Close: 1.0200 Mid: 1.0181 | 12 Open: 1.0201 Close: 1.0199 Mid: 1.0203 | 13 Open: 1.0199 Close: 1.0166 Mid: 1.0184 | 14 Open: 1.0166 Close: 1.0148 Mid: 1.0145 | 15 |
16 | 17 Open: 1.0147 Close: 1.0173 Mid: 1.0170 | 18 Open: 1.0173 Close: 1.0136 Mid: 1.0156 | 19 Open: 1.0136 Close: 1.0125 Mid: 1.0134 | 20 Open: 1.0125 Close: 1.0047 Mid: 1.0090 | 21 Open: 1.0047 Close: 1.0059 Mid: 1.0043 | 22 |
23 | 24 Open: 1.0037 Close: 1.0060 Mid: 1.0070 | 25 Open: 1.0060 Close: 1.0101 Mid: 1.0079 | 26 Open: 1.0101 Close: 1.0101 Mid: 1.0090 | 27 Open: 1.0101 Close: 1.0031 Mid: 1.0064 | 28 Open: 1.0029 Close: 1.0076 Mid: 1.0039 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.0087 Close: 1.0040 Mid: 1.0055 | 2 Open: 1.0040 Close: 1.0087 Mid: 1.0054 | 3 Open: 1.0087 Close: 1.0056 Mid: 1.0075 | 4 Open: 1.0056 Close: 1.0063 Mid: 1.0059 | 5 Open: 1.0063 Close: 1.0057 Mid: 1.0067 | 6 | |
7 | 8 Open: 1.0065 Close: 1.0024 Mid: 1.0048 | 9 Open: 1.0018 Close: 1.0044 Mid: 1.0041 | 10 Open: 1.0044 Close: 1.0161 Mid: 1.0094 | 11 Open: 1.0161 Close: 1.0209 Mid: 1.0227 | 12 Open: 1.0208 Close: 1.0187 Mid: 1.0200 | 13 |
14 | 15 Open: 1.0192 Close: 1.0199 Mid: 1.0194 | 16 Open: 1.0199 Close: 1.0189 Mid: 1.0195 | 17 Open: 1.0189 Close: 1.0168 Mid: 1.0185 | 18 Open: 1.0168 Close: 1.0195 Mid: 1.0186 | 19 Open: 1.0195 Close: 1.0226 Mid: 1.0228 | 20 |
21 | 22 Open: 1.0219 Close: 1.0219 Mid: 1.0238 | 23 Open: 1.0219 Close: 1.0232 Mid: 1.0238 | 24 Open: 1.0232 Close: 1.0235 Mid: 1.0229 | 25 Open: 1.0234 Close: 1.0188 Mid: 1.0220 | 26 Open: 1.0188 Close: 1.0188 Mid: 1.0173 | 27 |
28 | 29 Open: 1.0184 Close: 1.0160 Mid: 1.0167 | 30 Open: 1.0160 Close: 1.0176 Mid: 1.0166 | 31 Open: 1.0176 Close: 1.0192 Mid: 1.0183 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.0194 Close: 1.0206 Mid: 1.0196 | 2 Open: 1.0206 Close: 1.0346 Mid: 1.0265 | 3 | ||||
4 | 5 Open: 1.0333 Close: 1.0435 Mid: 1.0428 | 6 Open: 1.0435 Close: 1.0375 Mid: 1.0396 | 7 Open: 1.0375 Close: 1.0301 Mid: 1.0344 | 8 Open: 1.0301 Close: 1.0316 Mid: 1.0317 | 9 Open: 1.0316 Close: 1.0272 Mid: 1.0303 | 10 |
11 | 12 Open: 1.0274 Close: 1.0270 Mid: 1.0252 | 13 Open: 1.0270 Close: 1.0255 Mid: 1.0259 | 14 Open: 1.0255 Close: 1.0239 Mid: 1.0253 | 15 Open: 1.0239 Close: 1.0198 Mid: 1.0202 | 16 Open: 1.0198 Close: 1.0225 Mid: 1.0216 | 17 |
18 | 19 Open: 1.0248 Close: 1.0232 Mid: 1.0227 | 20 Open: 1.0232 Close: 1.0286 Mid: 1.0263 | 21 Open: 1.0286 Close: 1.0315 Mid: 1.0289 | 22 Open: 1.0315 Close: 1.0346 Mid: 1.0320 | 23 Open: 1.0346 Close: 1.0276 Mid: 1.0315 | 24 |
25 | 26 Open: 1.0284 Close: 1.0324 Mid: 1.0311 | 27 Open: 1.0323 Close: 1.0307 Mid: 1.0315 | 28 Open: 1.0306 Close: 1.0305 Mid: 1.0321 | 29 Open: 1.0305 Close: 1.0272 Mid: 1.0280 | 30 Open: 1.0272 Close: 1.0328 Mid: 1.0303 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 1.0300 Close: 1.0320 Mid: 1.0327 | 3 Open: 1.0319 Close: 1.0370 Mid: 1.0351 | 4 Open: 1.0369 Close: 1.0350 Mid: 1.0356 | 5 Open: 1.0349 Close: 1.0368 Mid: 1.0352 | 6 Open: 1.0368 Close: 1.0403 Mid: 1.0392 | 7 |
8 | 9 Open: 1.0418 Close: 1.0443 Mid: 1.0430 | 10 Open: 1.0443 Close: 1.0449 Mid: 1.0422 | 11 Open: 1.0449 Close: 1.0445 Mid: 1.0448 | 12 Open: 1.0445 Close: 1.0419 Mid: 1.0437 | 13 Open: 1.0419 Close: 1.0423 Mid: 1.0424 | 14 |
15 | 16 Open: 1.0454 Close: 1.0410 Mid: 1.0423 | 17 Open: 1.0410 Close: 1.0415 Mid: 1.0405 | 18 Open: 1.0415 Close: 1.0373 Mid: 1.0385 | 19 Open: 1.0373 Close: 1.0328 Mid: 1.0344 | 20 Open: 1.0328 Close: 1.0310 Mid: 1.0325 | 21 |
22 | 23 Open: 1.0310 Close: 1.0288 Mid: 1.0292 | 24 Open: 1.0288 Close: 1.0305 Mid: 1.0296 | 25 Open: 1.0305 Close: 1.0379 Mid: 1.0346 | 26 Open: 1.0379 Close: 1.0413 Mid: 1.0414 | 27 Open: 1.0412 Close: 1.0402 Mid: 1.0410 | 28 |
29 | 30 Open: 1.0406 Close: 1.0381 Mid: 1.0400 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.0381 Close: 1.0336 Mid: 1.0359 | 2 Open: 1.0337 Close: 1.0298 Mid: 1.0303 | 3 Open: 1.0298 Close: 1.0296 Mid: 1.0307 | 4 Open: 1.0295 Close: 1.0278 Mid: 1.0287 | 5 | ||
6 | 7 Open: 1.0330 Close: 1.0273 Mid: 1.0277 | 8 Open: 1.0273 Close: 1.0358 Mid: 1.0321 | 9 Open: 1.0358 Close: 1.0369 Mid: 1.0384 | 10 Open: 1.0369 Close: 1.0329 Mid: 1.0381 | 11 Open: 1.0332 Close: 1.0314 Mid: 1.0330 | 12 |
13 | 14 Open: 1.0338 Close: 1.0359 Mid: 1.0330 | 15 Open: 1.0359 Close: 1.0389 Mid: 1.0397 | 16 Open: 1.0389 Close: 1.0394 Mid: 1.0395 | 17 Open: 1.0394 Close: 1.0364 Mid: 1.0386 | 18 Open: 1.0364 Close: 1.0384 Mid: 1.0357 | 19 |
20 | 21 Open: 1.0384 Close: 1.0371 Mid: 1.0371 | 22 Open: 1.0371 Close: 1.0354 Mid: 1.0367 | 23 Open: 1.0354 Close: 1.0375 Mid: 1.0371 | 24 Open: 1.0375 Close: 1.0361 Mid: 1.0358 | 25 Open: 1.0361 Close: 1.0328 Mid: 1.0340 | 26 |
27 | 28 Open: 1.0308 Close: 1.0327 Mid: 1.0342 | 29 Open: 1.0327 Close: 1.0302 Mid: 1.0292 | 30 Open: 1.0302 Close: 1.0267 Mid: 1.0273 | 31 Open: 1.0267 Close: 1.0332 Mid: 1.0297 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 1.0332 Close: 1.0294 Mid: 1.0315 | 2 | |||||
3 | 4 Open: 1.0279 Close: 1.0259 Mid: 1.0279 | 5 Open: 1.0259 Close: 1.0236 Mid: 1.0252 | 6 Open: 1.0235 Close: 1.0205 Mid: 1.0224 | 7 Open: 1.0205 Close: 1.0169 Mid: 1.0171 | 8 Open: 1.0169 Close: 1.0170 Mid: 1.0171 | 9 |
10 | 11 Open: 1.0164 Close: 1.0173 Mid: 1.0172 | 12 Open: 1.0173 Close: 1.0164 Mid: 1.0166 | 13 Open: 1.0164 Close: 1.0139 Mid: 1.0143 | 14 Open: 1.0139 Close: 1.0137 Mid: 1.0109 | 15 Open: 1.0137 Close: 1.0099 Mid: 1.0122 | 16 |
17 | 18 Open: 1.0105 Close: 1.0087 Mid: 1.0093 | 19 Open: 1.0087 Close: 1.0056 Mid: 1.0058 | 20 Open: 1.0056 Close: 1.0030 Mid: 1.0035 | 21 Open: 1.0030 Close: 1.0006 Mid: 1.0029 | 22 Open: 1.0006 Close: 1.0029 Mid: 1.0026 | 23 |
24 | 25 Open: 1.0038 Close: 1.0095 Mid: 1.0075 | 26 Open: 1.0095 Close: 1.0157 Mid: 1.0116 | 27 Open: 1.0156 Close: 1.0140 Mid: 1.0146 | 28 Open: 1.0140 Close: 1.0108 Mid: 1.0125 | 29 Open: 1.0108 Close: 1.0133 Mid: 1.0139 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 1.0125 Close: 1.0099 Mid: 1.0124 | 3 Open: 1.0099 Close: 1.0051 Mid: 1.0067 | 4 Open: 1.0051 Close: 1.0118 Mid: 1.0066 | 5 Open: 1.0118 Close: 1.0168 Mid: 1.0135 | 6 Open: 1.0168 Close: 1.0202 Mid: 1.0188 | 7 |
8 | 9 Open: 1.0202 Close: 1.0194 Mid: 1.0194 | 10 Open: 1.0194 Close: 1.0163 Mid: 1.0165 | 11 Open: 1.0164 Close: 1.0155 Mid: 1.0172 | 12 Open: 1.0155 Close: 1.0143 Mid: 1.0152 | 13 Open: 1.0143 Close: 1.0149 Mid: 1.0144 | 14 |
15 | 16 Open: 1.0148 Close: 1.0247 Mid: 1.0202 | 17 Open: 1.0247 Close: 1.0212 Mid: 1.0233 | 18 Open: 1.0212 Close: 1.0231 Mid: 1.0226 | 19 Open: 1.0231 Close: 1.0376 Mid: 1.0305 | 20 Open: 1.0376 Close: 1.0260 Mid: 1.0337 | 21 |
22 | 23 Open: 1.0266 Close: 1.0278 Mid: 1.0270 | 24 Open: 1.0278 Close: 1.0245 Mid: 1.0271 | 25 Open: 1.0278 Close: 1.0245 Mid: 1.0271 | 26 Open: 1.0245 Close: 1.0251 Mid: 1.0260 | 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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