Best Swedish Krona / Thai Baht Exchange Rate Today: 3.0874
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 3.0781, and the most competitive travel money / cash rates start at approximately 3.0596.
Live rate: 1 SEK = 3.0874 THB (+0.1655% )
Inverted: 1 THB = 0.3239 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 | 3.0874 | 0 | 3.0565 | |||
 | 3.0781 (indicative) | 0 | 3.0781 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 3.0658 (indicative) | 0 | 3.0658 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 3.0874 | 2.16% | 3.0207 | 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. | |
 | 3.0596 | 0 | 3.0596 | 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  | 3.0010 (upper range) | Variable | 3.0010 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 2.9793 (lower range) | Variable | 2.9793 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 2.9485 | 0 | 2.9485 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.4284 Close: 3.4099 Mid: 3.4230 | 2 Open: 3.4019 Close: 3.3562 Mid: 3.3857 | 3 Open: 3.3564 Close: 3.3542 Mid: 3.3543 | 4 Open: 3.3546 Close: 3.3795 Mid: 3.3661 | 5 Open: 3.3793 Close: 3.3785 Mid: 3.3845 | 6 | |
7 | 8 Open: 3.3798 Close: 3.4103 Mid: 3.3971 | 9 Open: 3.4117 Close: 3.4056 Mid: 3.4107 | 10 Open: 3.4076 Close: 3.4315 Mid: 3.4208 | 11 Open: 3.4312 Close: 3.4216 Mid: 3.4259 | 12 Open: 3.4216 Close: 3.3950 Mid: 3.4091 | 13 |
14 | 15 Open: 3.4029 Close: 3.3850 Mid: 3.3976 | 16 Open: 3.3855 Close: 3.3875 Mid: 3.3914 | 17 Open: 3.3884 Close: 3.4040 Mid: 3.3957 | 18 Open: 3.4058 Close: 3.3922 Mid: 3.3948 | 19 Open: 3.3926 Close: 3.3934 Mid: 3.3933 | 20 |
21 | 22 Open: 3.3963 Close: 3.3977 Mid: 3.4059 | 23 Open: 3.3995 Close: 3.4044 Mid: 3.4101 | 24 Open: 3.4046 Close: 3.4172 Mid: 3.4184 | 25 Open: 3.4177 Close: 3.4208 Mid: 3.4255 | 26 Open: 3.4211 Close: 3.4110 Mid: 3.4155 | 27 |
28 | 29 Open: 3.4123 Close: 3.3913 Mid: 3.3956 | 30 Open: 3.3906 Close: 3.3958 Mid: 3.3971 | 31 Open: 3.3962 Close: 3.4200 Mid: 3.4130 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.4200 Close: 3.3997 Mid: 3.4015 | 2 Open: 3.4001 Close: 3.3923 Mid: 3.3978 | 3 | ||||
4 | 5 Open: 3.3861 Close: 3.3776 Mid: 3.3872 | 6 Open: 3.3779 Close: 3.3844 Mid: 3.3718 | 7 Open: 3.3853 Close: 3.4021 Mid: 3.3909 | 8 Open: 3.4021 Close: 3.4278 Mid: 3.4154 | 9 Open: 3.4274 Close: 3.4382 Mid: 3.4283 | 10 |
11 | 12 Open: 3.4353 Close: 3.4497 Mid: 3.4379 | 13 Open: 3.4491 Close: 3.4060 Mid: 3.4192 | 14 Open: 3.4057 Close: 3.4332 Mid: 3.4253 | 15 Open: 3.4330 Close: 3.4460 Mid: 3.4416 | 16 Open: 3.4461 Close: 3.4519 Mid: 3.4481 | 17 |
18 | 19 Open: 3.4475 Close: 3.4655 Mid: 3.4525 | 20 Open: 3.4655 Close: 3.4712 Mid: 3.4707 | 21 Open: 3.4709 Close: 3.4591 Mid: 3.4657 | 22 Open: 3.4592 Close: 3.4807 Mid: 3.4766 | 23 Open: 3.4832 Close: 3.4856 Mid: 3.4876 | 24 |
25 | 26 Open: 3.4747 Close: 3.4956 Mid: 3.4817 | 27 Open: 3.4953 Close: 3.4790 Mid: 3.4856 | 28 Open: 3.4793 Close: 3.4771 Mid: 3.4766 | 29 Open: 3.4775 Close: 3.4583 Mid: 3.4733 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.4593 Close: 3.4761 Mid: 3.4702 | 2 | |||||
3 | 4 Open: 3.4771 Close: 3.4484 Mid: 3.4635 | 5 Open: 3.4484 Close: 3.4505 Mid: 3.4485 | 6 Open: 3.4513 Close: 3.4625 Mid: 3.4550 | 7 Open: 3.4625 Close: 3.4743 Mid: 3.4643 | 8 Open: 3.4742 Close: 3.4625 Mid: 3.4696 | 9 |
10 | 11 Open: 3.4670 Close: 3.4597 Mid: 3.4614 | 12 Open: 3.4597 Close: 3.4895 Mid: 3.4815 | 13 Open: 3.4895 Close: 3.4843 Mid: 3.4860 | 14 Open: 3.4843 Close: 3.4583 Mid: 3.4757 | 15 Open: 3.4583 Close: 3.4635 Mid: 3.4597 | 16 |
17 | 18 Open: 3.4538 Close: 3.4486 Mid: 3.4508 | 19 Open: 3.4486 Close: 3.4579 Mid: 3.4454 | 20 Open: 3.4579 Close: 3.4642 Mid: 3.4521 | 21 Open: 3.4642 Close: 3.4649 Mid: 3.4625 | 22 Open: 3.4649 Close: 3.4401 Mid: 3.4619 | 23 |
24 | 25 Open: 3.4399 Close: 3.4342 Mid: 3.4404 | 26 Open: 3.4342 Close: 3.4319 Mid: 3.4386 | 27 Open: 3.4319 Close: 3.4290 Mid: 3.4311 | 28 Open: 3.4290 Close: 3.4055 Mid: 3.4169 | 29 Open: 3.4055 Close: 3.4077 Mid: 3.4063 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.4042 Close: 3.3936 Mid: 3.3971 | 2 Open: 3.3936 Close: 3.4066 Mid: 3.4106 | 3 Open: 3.4066 Close: 3.4380 Mid: 3.4240 | 4 Open: 3.4379 Close: 3.4489 Mid: 3.4551 | 5 Open: 3.4487 Close: 3.4356 Mid: 3.4479 | 6 | |
7 | 8 Open: 3.4402 Close: 3.4709 Mid: 3.4575 | 9 Open: 3.4784 Close: 3.4455 Mid: 3.4636 | 10 Open: 3.4455 Close: 3.4217 Mid: 3.4339 | 11 Open: 3.4217 Close: 3.4014 Mid: 3.4119 | 12 Open: 3.4014 Close: 3.3722 Mid: 3.3762 | 13 |
14 | 15 Open: 3.3659 Close: 3.3729 Mid: 3.3767 | 16 Open: 3.3729 Close: 3.3474 Mid: 3.3624 | 17 Open: 3.3474 Close: 3.3527 Mid: 3.3515 | 18 Open: 3.3600 Close: 3.3572 Mid: 3.3649 | 19 Open: 3.3572 Close: 3.3750 Mid: 3.3657 | 20 |
21 | 22 Open: 3.3706 Close: 3.4055 Mid: 3.3908 | 23 Open: 3.4055 Close: 3.4160 Mid: 3.4067 | 24 Open: 3.4160 Close: 3.4062 Mid: 3.4093 | 25 Open: 3.4063 Close: 3.3996 Mid: 3.3983 | 26 Open: 3.3993 Close: 3.3787 Mid: 3.3902 | 27 |
28 | 29 Open: 3.4114 Close: 3.3888 Mid: 3.3991 | 30 Open: 3.3888 Close: 3.3769 Mid: 3.3802 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.3769 Close: 3.3892 Mid: 3.3845 | 2 Open: 3.3892 Close: 3.3926 Mid: 3.3869 | 3 Open: 3.3925 Close: 3.3964 Mid: 3.3962 | 4 | |||
5 | 6 Open: 3.3996 Close: 3.4004 Mid: 3.3955 | 7 Open: 3.4004 Close: 3.3997 Mid: 3.3995 | 8 Open: 3.3925 Close: 3.3888 Mid: 3.3906 | 9 Open: 3.3888 Close: 3.3850 Mid: 3.3871 | 10 Open: 3.3850 Close: 3.3877 Mid: 3.3882 | 11 |
12 | 13 Open: 3.3887 Close: 3.3929 Mid: 3.3910 | 14 Open: 3.3930 Close: 3.3804 Mid: 3.3848 | 15 Open: 3.3804 Close: 3.4069 Mid: 3.3947 | 16 Open: 3.4069 Close: 3.3807 Mid: 3.3927 | 17 Open: 3.3807 Close: 3.3724 Mid: 3.3730 | 18 |
19 | 20 Open: 3.3684 Close: 3.3793 Mid: 3.3723 | 21 Open: 3.3793 Close: 3.4057 Mid: 3.3959 | 22 Open: 3.4057 Close: 3.3980 Mid: 3.3976 | 23 Open: 3.3980 Close: 3.4094 Mid: 3.4089 | 24 Open: 3.4094 Close: 3.4366 Mid: 3.4257 | 25 |
26 | 27 Open: 3.4362 Close: 3.4454 Mid: 3.4377 | 28 Open: 3.4454 Close: 3.4599 Mid: 3.4609 | 29 Open: 3.4599 Close: 3.4520 Mid: 3.4595 | 30 Open: 3.4520 Close: 3.4628 Mid: 3.4592 | 31 Open: 3.4628 Close: 3.4953 Mid: 3.4830 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 3.4978 Close: 3.5186 Mid: 3.5060 | 4 Open: 3.5186 Close: 3.5104 Mid: 3.5059 | 5 Open: 3.5104 Close: 3.5209 Mid: 3.5181 | 6 Open: 3.5209 Close: 3.5056 Mid: 3.5144 | 7 Open: 3.5057 Close: 3.4989 Mid: 3.5028 | 8 |
9 | 10 Open: 3.4955 Close: 3.5090 Mid: 3.4929 | 11 Open: 3.5090 Close: 3.5039 Mid: 3.5009 | 12 Open: 3.5039 Close: 3.5324 Mid: 3.5251 | 13 Open: 3.5323 Close: 3.5077 Mid: 3.5189 | 14 Open: 3.5077 Close: 3.4846 Mid: 3.4914 | 15 |
16 | 17 Open: 3.4805 Close: 3.5149 Mid: 3.4958 | 18 Open: 3.5149 Close: 3.5126 Mid: 3.5116 | 19 Open: 3.5126 Close: 3.5105 Mid: 3.5153 | 20 Open: 3.5104 Close: 3.4983 Mid: 3.5128 | 21 Open: 3.4983 Close: 3.4997 Mid: 3.4894 | 22 |
23 | 24 Open: 3.4948 Close: 3.4989 Mid: 3.4969 | 25 Open: 3.4989 Close: 3.4959 Mid: 3.4955 | 26 Open: 3.4959 Close: 3.4916 Mid: 3.4914 | 27 Open: 3.4916 Close: 3.4696 Mid: 3.4844 | 28 Open: 3.4696 Close: 3.4619 Mid: 3.4633 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.4748 Close: 3.4632 Mid: 3.4701 | 2 Open: 3.4632 Close: 3.4795 Mid: 3.4641 | 3 Open: 3.4795 Close: 3.4922 Mid: 3.4891 | 4 Open: 3.4922 Close: 3.4859 Mid: 3.4912 | 5 Open: 3.4859 Close: 3.4783 Mid: 3.4843 | 6 | |
7 | 8 Open: 3.4700 Close: 3.4458 Mid: 3.4632 | 9 Open: 3.4459 Close: 3.4535 Mid: 3.4481 | 10 Open: 3.4535 Close: 3.4474 Mid: 3.4466 | 11 Open: 3.4473 Close: 3.4386 Mid: 3.4476 | 12 Open: 3.4386 Close: 3.4293 Mid: 3.4336 | 13 |
14 | 15 Open: 3.4349 Close: 3.4114 Mid: 3.4256 | 16 Open: 3.4114 Close: 3.3979 Mid: 3.4058 | 17 Open: 3.3979 Close: 3.4120 Mid: 3.3984 | 18 Open: 3.4120 Close: 3.4097 Mid: 3.4086 | 19 Open: 3.4098 Close: 3.4091 Mid: 3.4144 | 20 |
21 | 22 Open: 3.4055 Close: 3.3817 Mid: 3.3965 | 23 Open: 3.3817 Close: 3.3610 Mid: 3.3715 | 24 Open: 3.3610 Close: 3.3497 Mid: 3.3482 | 25 Open: 3.3498 Close: 3.3473 Mid: 3.3428 | 26 Open: 3.3473 Close: 3.3252 Mid: 3.3412 | 27 |
28 | 29 Open: 3.3288 Close: 3.3245 Mid: 3.3229 | 30 Open: 3.3245 Close: 3.3285 Mid: 3.3243 | 31 Open: 3.3358 Close: 3.3236 Mid: 3.3316 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.3237 Close: 3.3136 Mid: 3.3221 | 2 Open: 3.3136 Close: 3.3365 Mid: 3.3150 | 3 | ||||
4 | 5 Open: 3.3356 Close: 3.3492 Mid: 3.3406 | 6 Open: 3.3493 Close: 3.3677 Mid: 3.3672 | 7 Open: 3.3677 Close: 3.3945 Mid: 3.3910 | 8 Open: 3.3945 Close: 3.3505 Mid: 3.3753 | 9 Open: 3.3505 Close: 3.3525 Mid: 3.3507 | 10 |
11 | 12 Open: 3.3397 Close: 3.3419 Mid: 3.3454 | 13 Open: 3.3418 Close: 3.3427 Mid: 3.3363 | 14 Open: 3.3428 Close: 3.3514 Mid: 3.3516 | 15 Open: 3.3513 Close: 3.3288 Mid: 3.3361 | 16 Open: 3.3288 Close: 3.3223 Mid: 3.3240 | 17 |
18 | 19 Open: 3.3301 Close: 3.3371 Mid: 3.3200 | 20 Open: 3.3371 Close: 3.3467 Mid: 3.3399 | 21 Open: 3.3542 Close: 3.3603 Mid: 3.3487 | 22 Open: 3.3603 Close: 3.3695 Mid: 3.3631 | 23 Open: 3.3695 Close: 3.3299 Mid: 3.3434 | 24 |
25 | 26 Open: 3.3206 Close: 3.3257 Mid: 3.3315 | 27 Open: 3.3257 Close: 3.3433 Mid: 3.3364 | 28 Open: 3.3432 Close: 3.3391 Mid: 3.3394 | 29 Open: 3.3389 Close: 3.3199 Mid: 3.3264 | 30 Open: 3.3198 Close: 3.3146 Mid: 3.3162 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 3.3154 Close: 3.3302 Mid: 3.3298 | 3 Open: 3.3375 Close: 3.3215 Mid: 3.3308 | 4 Open: 3.3215 Close: 3.3083 Mid: 3.3112 | 5 Open: 3.3082 Close: 3.2782 Mid: 3.2903 | 6 Open: 3.2782 Close: 3.2750 Mid: 3.2747 | 7 |
8 | 9 Open: 3.2780 Close: 3.2651 Mid: 3.2770 | 10 Open: 3.2651 Close: 3.2420 Mid: 3.2533 | 11 Open: 3.2420 Close: 3.2475 Mid: 3.2491 | 12 Open: 3.2475 Close: 3.2518 Mid: 3.2530 | 13 Open: 3.2518 Close: 3.2478 Mid: 3.2516 | 14 |
15 | 16 Open: 3.2579 Close: 3.2732 Mid: 3.2645 | 17 Open: 3.2732 Close: 3.2736 Mid: 3.2715 | 18 Open: 3.2736 Close: 3.2616 Mid: 3.2687 | 19 Open: 3.2616 Close: 3.2607 Mid: 3.2667 | 20 Open: 3.2607 Close: 3.2328 Mid: 3.2431 | 21 |
22 | 23 Open: 3.2338 Close: 3.2261 Mid: 3.2309 | 24 Open: 3.2261 Close: 3.2344 Mid: 3.2329 | 25 Open: 3.2344 Close: 3.2128 Mid: 3.2253 | 26 Open: 3.2128 Close: 3.1989 Mid: 3.2087 | 27 Open: 3.1989 Close: 3.2082 Mid: 3.2061 | 28 |
29 | 30 Open: 3.2045 Close: 3.1864 Mid: 3.1937 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.1864 Close: 3.1675 Mid: 3.1836 | 2 Open: 3.1675 Close: 3.2020 Mid: 3.1841 | 3 Open: 3.2020 Close: 3.2162 Mid: 3.2164 | 4 Open: 3.2162 Close: 3.2119 Mid: 3.2060 | 5 | ||
6 | 7 Open: 3.2221 Close: 3.2322 Mid: 3.2258 | 8 Open: 3.2321 Close: 3.2493 Mid: 3.2396 | 9 Open: 3.2493 Close: 3.2234 Mid: 3.2341 | 10 Open: 3.2234 Close: 3.2204 Mid: 3.2254 | 11 Open: 3.2205 Close: 3.1949 Mid: 3.2061 | 12 |
13 | 14 Open: 3.1896 Close: 3.1958 Mid: 3.1944 | 15 Open: 3.1958 Close: 3.1942 Mid: 3.2041 | 16 Open: 3.1942 Close: 3.1665 Mid: 3.1880 | 17 Open: 3.1591 Close: 3.1501 Mid: 3.1553 | 18 Open: 3.1501 Close: 3.1465 Mid: 3.1472 | 19 |
20 | 21 Open: 3.1463 Close: 3.1718 Mid: 3.1620 | 22 Open: 3.1718 Close: 3.1770 Mid: 3.1781 | 23 Open: 3.1770 Close: 3.1923 Mid: 3.1815 | 24 Open: 3.1923 Close: 3.1894 Mid: 3.1854 | 25 Open: 3.1895 Close: 3.1742 Mid: 3.1892 | 26 |
27 | 28 Open: 3.1754 Close: 3.1701 Mid: 3.1791 | 29 Open: 3.1701 Close: 3.1628 Mid: 3.1647 | 30 Open: 3.1628 Close: 3.1644 Mid: 3.1596 | 31 Open: 3.1644 Close: 3.1743 Mid: 3.1631 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.1743 Close: 3.1618 Mid: 3.1707 | 2 | |||||
3 | 4 Open: 3.1671 Close: 3.1443 Mid: 3.1611 | 5 Open: 3.1443 Close: 3.1382 Mid: 3.1415 | 6 Open: 3.1382 Close: 3.1688 Mid: 3.1450 | 7 Open: 3.1688 Close: 3.1785 Mid: 3.1747 | 8 Open: 3.1785 Close: 3.1625 Mid: 3.1675 | 9 |
10 | 11 Open: 3.1583 Close: 3.1819 Mid: 3.1707 | 12 Open: 3.1819 Close: 3.1960 Mid: 3.1972 | 13 Open: 3.1960 Close: 3.1806 Mid: 3.1813 | 14 Open: 3.1806 Close: 3.1795 Mid: 3.1842 | 15 Open: 3.1796 Close: 3.1686 Mid: 3.1752 | 16 |
17 | 18 Open: 3.1625 Close: 3.1684 Mid: 3.1669 | 19 Open: 3.1684 Close: 3.1631 Mid: 3.1616 | 20 Open: 3.1631 Close: 3.1389 Mid: 3.1556 | 21 Open: 3.1389 Close: 3.1368 Mid: 3.1451 | 22 Open: 3.1369 Close: 3.1236 Mid: 3.1306 | 23 |
24 | 25 Open: 3.1275 Close: 3.1508 Mid: 3.1450 | 26 Open: 3.1508 Close: 3.1570 Mid: 3.1508 | 27 Open: 3.1569 Close: 3.1661 Mid: 3.1596 | 28 Open: 3.1661 Close: 3.1536 Mid: 3.1559 | 29 Open: 3.1537 Close: 3.1478 Mid: 3.1464 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 3.1512 Close: 3.1414 Mid: 3.1429 | 3 Open: 3.1414 Close: 3.1175 Mid: 3.1288 | 4 Open: 3.1175 Close: 3.1343 Mid: 3.1243 | 5 Open: 3.1343 Close: 3.1410 Mid: 3.1313 | 6 Open: 3.1410 Close: 3.1149 Mid: 3.1236 | 7 |
8 | 9 Open: 3.1173 Close: 3.0976 Mid: 3.1038 | 10 Open: 3.0976 Close: 3.0753 Mid: 3.0791 | 11 Open: 3.0754 Close: 3.0864 Mid: 3.0803 | 12 Open: 3.0864 Close: 3.0864 Mid: 3.0919 | 13 Open: 3.0865 Close: 3.1109 Mid: 3.0992 | 14 |
15 | 16 Open: 3.1078 Close: 3.1287 Mid: 3.1214 | 17 Open: 3.1287 Close: 3.1213 Mid: 3.1245 | 18 Open: 3.1141 Close: 3.1008 Mid: 3.1160 | 19 Open: 3.1008 Close: 3.1326 Mid: 3.1279 | 20 Open: 3.1326 Close: 3.1002 Mid: 3.1179 | 21 |
22 | 23 Open: 3.1051 Close: 3.1047 Mid: 3.0997 | 24 Open: 3.1047 Close: 3.0823 Mid: 3.0876 | 25 Open: 3.1047 Close: 3.0823 Mid: 3.0876 | 26 Open: 3.1047 Close: 3.0823 Mid: 3.0876 | 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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