Best Swedish Krona / Turkish Lira Exchange Rate Today: 3.1805
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 3.1710, and the most competitive travel money / cash rates start at approximately 3.1519.
Live rate: 1 SEK = 3.1805 TRY (+0.4326% )
Inverted: 1 TRY = 0.3144 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 | 3.1805 | 0 | 3.1487 | |||
 | 3.1710 (indicative) | 0 | 3.1710 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 3.1582 (indicative) | 0 | 3.1582 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 3.1805 | 6.97% | 2.9588 | 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. | |
 | 3.1519 | 0 | 3.1519 | 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  | 3.0914 (upper range) | Variable | 3.0914 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 3.0692 (lower range) | Variable | 3.0692 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 3.0374 | 0 | 3.0374 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.9238 Close: 2.9239 Mid: 2.9239 | 2 Open: 2.9247 Close: 2.9083 Mid: 2.9343 | 3 Open: 2.9085 Close: 2.8932 Mid: 2.9049 | 4 Open: 2.8950 Close: 2.9106 Mid: 2.9081 | 5 Open: 2.9107 Close: 2.9089 Mid: 2.9130 | 6 | |
7 | 8 Open: 2.9090 Close: 2.9174 Mid: 2.9162 | 9 Open: 2.9236 Close: 2.9168 Mid: 2.9199 | 10 Open: 2.9208 Close: 2.9306 Mid: 2.9261 | 11 Open: 2.9305 Close: 2.9247 Mid: 2.9264 | 12 Open: 2.9247 Close: 2.9284 Mid: 2.9391 | 13 |
14 | 15 Open: 2.9228 Close: 2.9127 Mid: 2.9167 | 16 Open: 2.9127 Close: 2.8858 Mid: 2.8946 | 17 Open: 2.8829 Close: 2.8832 Mid: 2.8781 | 18 Open: 2.8842 Close: 2.8736 Mid: 2.8763 | 19 Open: 2.8736 Close: 2.8860 Mid: 2.8824 | 20 |
21 | 22 Open: 2.8902 Close: 2.8878 Mid: 2.8931 | 23 Open: 2.8911 Close: 2.8841 Mid: 2.9044 | 24 Open: 2.8841 Close: 2.8963 Mid: 2.8987 | 25 Open: 2.8962 Close: 2.9002 Mid: 2.9005 | 26 Open: 2.8981 Close: 2.9012 Mid: 2.8973 | 27 |
28 | 29 Open: 2.8980 Close: 2.9071 Mid: 2.8960 | 30 Open: 2.9061 Close: 2.9155 Mid: 2.9227 | 31 Open: 2.9155 Close: 2.9183 Mid: 2.9241 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.9195 Close: 2.9199 Mid: 2.9120 | 2 Open: 2.9220 Close: 2.9057 Mid: 2.9267 | 3 | ||||
4 | 5 Open: 2.9159 Close: 2.8723 Mid: 2.8953 | 6 Open: 2.8801 Close: 2.9076 Mid: 2.8896 | 7 Open: 2.8952 Close: 2.9200 Mid: 2.9102 | 8 Open: 2.9200 Close: 2.9194 Mid: 2.9183 | 9 Open: 2.9218 Close: 2.9354 Mid: 2.9118 | 10 |
11 | 12 Open: 2.9399 Close: 2.9551 Mid: 2.9432 | 13 Open: 2.9541 Close: 2.9014 Mid: 2.9114 | 14 Open: 2.9017 Close: 2.9219 Mid: 2.9149 | 15 Open: 2.9217 Close: 2.9043 Mid: 2.9223 | 16 Open: 2.9417 Close: 2.9559 Mid: 2.9478 | 17 |
18 | 19 Open: 2.9269 Close: 2.9658 Mid: 2.9435 | 20 Open: 2.9658 Close: 2.9839 Mid: 2.9785 | 21 Open: 2.9844 Close: 2.9915 Mid: 2.9943 | 22 Open: 2.9930 Close: 2.9918 Mid: 2.9830 | 23 Open: 2.9593 Close: 2.9821 Mid: 2.9831 | 24 |
25 | 26 Open: 3.0118 Close: 3.0241 Mid: 3.0229 | 27 Open: 3.0254 Close: 3.0206 Mid: 3.0322 | 28 Open: 3.0215 Close: 3.0182 Mid: 3.0231 | 29 Open: 3.0204 Close: 3.0101 Mid: 3.0194 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.0111 Close: 3.0409 Mid: 3.0294 | 2 | |||||
3 | 4 Open: 3.0410 Close: 3.0437 Mid: 3.0521 | 5 Open: 3.0437 Close: 3.0465 Mid: 3.0487 | 6 Open: 3.0478 Close: 3.0843 Mid: 3.0675 | 7 Open: 3.0842 Close: 3.1154 Mid: 3.1005 | 8 Open: 3.1154 Close: 3.1231 Mid: 3.1267 | 9 |
10 | 11 Open: 3.1361 Close: 3.1269 Mid: 3.1280 | 12 Open: 3.1269 Close: 3.1321 Mid: 3.1501 | 13 Open: 3.1321 Close: 3.1203 Mid: 3.1575 | 14 Open: 3.1189 Close: 3.1096 Mid: 3.1209 | 15 Open: 3.1095 Close: 3.0939 Mid: 3.1304 | 16 |
17 | 18 Open: 3.1043 Close: 3.0969 Mid: 3.0964 | 19 Open: 3.0969 Close: 3.1017 Mid: 3.1018 | 20 Open: 3.1017 Close: 3.1103 Mid: 3.0980 | 21 Open: 3.1096 Close: 3.0604 Mid: 3.0834 | 22 Open: 3.0605 Close: 3.0299 Mid: 3.0490 | 23 |
24 | 25 Open: 3.0305 Close: 3.0393 Mid: 3.0352 | 26 Open: 3.0393 Close: 3.0390 Mid: 3.0460 | 27 Open: 3.0389 Close: 3.0423 Mid: 3.0405 | 28 Open: 3.0422 Close: 3.0236 Mid: 3.0307 | 29 Open: 3.0235 Close: 3.0414 Mid: 3.0335 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.0363 Close: 2.9863 Mid: 3.0003 | 2 Open: 2.9863 Close: 2.9852 Mid: 2.9907 | 3 Open: 2.9852 Close: 3.0020 Mid: 2.9892 | 4 Open: 3.0019 Close: 2.9985 Mid: 3.0070 | 5 Open: 2.9984 Close: 3.0104 Mid: 3.0007 | 6 | |
7 | 8 Open: 3.0156 Close: 3.0298 Mid: 3.0256 | 9 Open: 3.0298 Close: 3.0554 Mid: 3.0470 | 10 Open: 3.0554 Close: 3.0132 Mid: 3.0322 | 11 Open: 3.0132 Close: 3.0121 Mid: 3.0083 | 12 Open: 3.0121 Close: 2.9724 Mid: 3.0215 | 13 |
14 | 15 Open: 2.9754 Close: 2.9788 Mid: 2.9844 | 16 Open: 2.9788 Close: 2.9639 Mid: 2.9728 | 17 Open: 2.9639 Close: 2.9643 Mid: 2.9658 | 18 Open: 2.9643 Close: 2.9655 Mid: 2.9757 | 19 Open: 2.9655 Close: 2.9767 Mid: 2.9779 | 20 |
21 | 22 Open: 2.9719 Close: 2.9856 Mid: 2.9826 | 23 Open: 2.9856 Close: 3.0088 Mid: 2.9990 | 24 Open: 3.0088 Close: 2.9905 Mid: 2.9976 | 25 Open: 2.9906 Close: 2.9878 Mid: 2.9870 | 26 Open: 2.9876 Close: 2.9683 Mid: 2.9823 | 27 |
28 | 29 Open: 3.0081 Close: 2.9742 Mid: 2.9781 | 30 Open: 2.9744 Close: 2.9407 Mid: 2.9579 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.9406 Close: 2.9727 Mid: 2.9555 | 2 Open: 2.9728 Close: 2.9796 Mid: 2.9687 | 3 Open: 2.9795 Close: 2.9889 Mid: 2.9926 | 4 | |||
5 | 6 Open: 2.9923 Close: 2.9827 Mid: 2.9750 | 7 Open: 2.9827 Close: 2.9695 Mid: 2.9770 | 8 Open: 2.9697 Close: 2.9564 Mid: 2.9631 | 9 Open: 2.9563 Close: 2.9722 Mid: 2.9620 | 10 Open: 2.9722 Close: 2.9871 Mid: 2.9739 | 11 |
12 | 13 Open: 2.9743 Close: 2.9763 Mid: 2.9739 | 14 Open: 2.9763 Close: 2.9875 Mid: 2.9750 | 15 Open: 2.9876 Close: 3.0152 Mid: 3.0039 | 16 Open: 3.0152 Close: 3.0107 Mid: 3.0127 | 17 Open: 3.0107 Close: 3.0047 Mid: 3.0101 | 18 |
19 | 20 Open: 3.0031 Close: 3.0129 Mid: 3.0131 | 21 Open: 3.0129 Close: 3.0101 Mid: 3.0148 | 22 Open: 3.0101 Close: 2.9979 Mid: 3.0111 | 23 Open: 2.9979 Close: 2.9968 Mid: 3.0056 | 24 Open: 2.9969 Close: 3.0205 Mid: 3.0130 | 25 |
26 | 27 Open: 3.0184 Close: 3.0262 Mid: 3.0072 | 28 Open: 3.0264 Close: 3.0476 Mid: 3.0443 | 29 Open: 3.0475 Close: 3.0223 Mid: 3.0361 | 30 Open: 3.0223 Close: 3.0415 Mid: 3.0321 | 31 Open: 3.0415 Close: 3.0598 Mid: 3.0548 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 3.0589 Close: 3.0926 Mid: 3.0729 | 4 Open: 3.0926 Close: 3.1193 Mid: 3.1052 | 5 Open: 3.1195 Close: 3.1029 Mid: 3.1159 | 6 Open: 3.1029 Close: 3.1014 Mid: 3.1046 | 7 Open: 3.1016 Close: 3.0700 Mid: 3.0903 | 8 |
9 | 10 Open: 3.0783 Close: 3.0897 Mid: 3.0791 | 11 Open: 3.0897 Close: 3.0857 Mid: 3.0853 | 12 Open: 3.0858 Close: 3.1141 Mid: 3.1138 | 13 Open: 3.1139 Close: 3.0843 Mid: 3.1001 | 14 Open: 3.0842 Close: 3.1167 Mid: 3.0985 | 15 |
16 | 17 Open: 3.1123 Close: 3.1293 Mid: 3.1165 | 18 Open: 3.1293 Close: 3.1157 Mid: 3.1229 | 19 Open: 3.1157 Close: 3.1172 Mid: 3.1206 | 20 Open: 3.1172 Close: 3.1248 Mid: 3.1282 | 21 Open: 3.1248 Close: 3.1251 Mid: 3.1235 | 22 |
23 | 24 Open: 3.1175 Close: 3.1425 Mid: 3.1338 | 25 Open: 3.1424 Close: 3.1364 Mid: 3.1461 | 26 Open: 3.1364 Close: 3.1062 Mid: 3.1181 | 27 Open: 3.1061 Close: 3.0906 Mid: 3.1029 | 28 Open: 3.0906 Close: 3.0880 Mid: 3.0891 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.1020 Close: 3.0781 Mid: 3.0920 | 2 Open: 3.0781 Close: 3.0766 Mid: 3.0703 | 3 Open: 3.0766 Close: 3.1021 Mid: 3.0924 | 4 Open: 3.1021 Close: 3.1024 Mid: 3.1010 | 5 Open: 3.1025 Close: 3.1182 Mid: 3.1102 | 6 | |
7 | 8 Open: 3.1061 Close: 3.0896 Mid: 3.1054 | 9 Open: 3.0916 Close: 3.1151 Mid: 3.1064 | 10 Open: 3.1151 Close: 3.1154 Mid: 3.1173 | 11 Open: 3.1155 Close: 3.1303 Mid: 3.1311 | 12 Open: 3.1306 Close: 3.1366 Mid: 3.1354 | 13 |
14 | 15 Open: 3.1334 Close: 3.1142 Mid: 3.1279 | 16 Open: 3.1142 Close: 3.1202 Mid: 3.1163 | 17 Open: 3.1201 Close: 3.1372 Mid: 3.1302 | 18 Open: 3.1373 Close: 3.1197 Mid: 3.1309 | 19 Open: 3.1198 Close: 3.0923 Mid: 3.1129 | 20 |
21 | 22 Open: 3.1022 Close: 3.0693 Mid: 3.0873 | 23 Open: 3.0693 Close: 3.0532 Mid: 3.0617 | 24 Open: 3.0532 Close: 3.0452 Mid: 3.0467 | 25 Open: 3.0452 Close: 3.0444 Mid: 3.0507 | 26 Open: 3.0444 Close: 3.0453 Mid: 3.0567 | 27 |
28 | 29 Open: 3.0484 Close: 3.0549 Mid: 3.0517 | 30 Open: 3.0549 Close: 3.0727 Mid: 3.0607 | 31 Open: 3.0727 Close: 3.0984 Mid: 3.0881 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.0985 Close: 3.0838 Mid: 3.0958 | 2 Open: 3.0839 Close: 3.1386 Mid: 3.1122 | 3 | ||||
4 | 5 Open: 3.1481 Close: 3.1575 Mid: 3.1541 | 6 Open: 3.1576 Close: 3.1926 Mid: 3.1753 | 7 Open: 3.1924 Close: 3.1912 Mid: 3.2224 | 8 Open: 3.1911 Close: 3.1882 Mid: 3.1935 | 9 Open: 3.1882 Close: 3.1839 Mid: 3.1935 | 10 |
11 | 12 Open: 3.1889 Close: 3.1909 Mid: 3.1871 | 13 Open: 3.1909 Close: 3.2040 Mid: 3.1941 | 14 Open: 3.2040 Close: 3.2092 Mid: 3.2145 | 15 Open: 3.2093 Close: 3.1916 Mid: 3.1986 | 16 Open: 3.1916 Close: 3.2271 Mid: 3.2043 | 17 |
18 | 19 Open: 3.2396 Close: 3.2740 Mid: 3.2455 | 20 Open: 3.2739 Close: 3.3219 Mid: 3.2961 | 21 Open: 3.3219 Close: 3.3262 Mid: 3.3225 | 22 Open: 3.3261 Close: 3.3107 Mid: 3.3227 | 23 Open: 3.3106 Close: 3.3379 Mid: 3.3190 | 24 |
25 | 26 Open: 3.3282 Close: 3.3286 Mid: 3.3549 | 27 Open: 3.3286 Close: 3.3518 Mid: 3.3389 | 28 Open: 3.3518 Close: 3.3407 Mid: 3.3866 | 29 Open: 3.3405 Close: 3.3328 Mid: 3.3416 | 30 Open: 3.3327 Close: 3.3183 Mid: 3.3250 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 3.3200 Close: 3.3034 Mid: 3.3164 | 3 Open: 3.3034 Close: 3.2988 Mid: 3.3023 | 4 Open: 3.2988 Close: 3.3108 Mid: 3.3038 | 5 Open: 3.3106 Close: 3.3114 Mid: 3.3107 | 6 Open: 3.3113 Close: 3.2988 Mid: 3.3161 | 7 |
8 | 9 Open: 3.3049 Close: 3.2824 Mid: 3.2937 | 10 Open: 3.2823 Close: 3.2802 Mid: 3.2827 | 11 Open: 3.2802 Close: 3.2716 Mid: 3.2772 | 12 Open: 3.2716 Close: 3.2957 Mid: 3.2811 | 13 Open: 3.2957 Close: 3.3152 Mid: 3.3138 | 14 |
15 | 16 Open: 3.3190 Close: 3.3424 Mid: 3.3283 | 17 Open: 3.3424 Close: 3.3449 Mid: 3.3447 | 18 Open: 3.3449 Close: 3.3371 Mid: 3.3510 | 19 Open: 3.3370 Close: 3.3498 Mid: 3.3456 | 20 Open: 3.3498 Close: 3.3561 Mid: 3.3503 | 21 |
22 | 23 Open: 3.3542 Close: 3.3486 Mid: 3.3475 | 24 Open: 3.3486 Close: 3.3799 Mid: 3.3615 | 25 Open: 3.3799 Close: 3.3520 Mid: 3.3694 | 26 Open: 3.3520 Close: 3.3770 Mid: 3.3699 | 27 Open: 3.3770 Close: 3.3851 Mid: 3.3810 | 28 |
29 | 30 Open: 3.3859 Close: 3.3659 Mid: 3.3802 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.3659 Close: 3.3288 Mid: 3.3446 | 2 Open: 3.3288 Close: 3.3341 Mid: 3.3337 | 3 Open: 3.3340 Close: 3.3141 Mid: 3.3250 | 4 Open: 3.3138 Close: 3.3047 Mid: 3.3134 | 5 | ||
6 | 7 Open: 3.3143 Close: 3.3082 Mid: 3.3055 | 8 Open: 3.3082 Close: 3.3159 Mid: 3.3097 | 9 Open: 3.3159 Close: 3.2931 Mid: 3.3045 | 10 Open: 3.2931 Close: 3.2905 Mid: 3.2906 | 11 Open: 3.2905 Close: 3.3057 Mid: 3.2984 | 12 |
13 | 14 Open: 3.3044 Close: 3.2879 Mid: 3.2943 | 15 Open: 3.2879 Close: 3.2840 Mid: 3.2949 | 16 Open: 3.2841 Close: 3.2537 Mid: 3.2771 | 17 Open: 3.2537 Close: 3.2383 Mid: 3.2468 | 18 Open: 3.2383 Close: 3.2559 Mid: 3.2486 | 19 |
20 | 21 Open: 3.2566 Close: 3.2419 Mid: 3.2491 | 22 Open: 3.2419 Close: 3.2488 Mid: 3.2476 | 23 Open: 3.2487 Close: 3.2366 Mid: 3.2356 | 24 Open: 3.2366 Close: 3.2438 Mid: 3.2372 | 25 Open: 3.2438 Close: 3.2286 Mid: 3.2402 | 26 |
27 | 28 Open: 3.2322 Close: 3.2199 Mid: 3.2285 | 29 Open: 3.2199 Close: 3.2211 Mid: 3.2178 | 30 Open: 3.2212 Close: 3.2094 Mid: 3.2116 | 31 Open: 3.2095 Close: 3.2170 Mid: 3.2046 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.2170 Close: 3.1954 Mid: 3.2125 | 2 | |||||
3 | 4 Open: 3.2129 Close: 3.2020 Mid: 3.2138 | 5 Open: 3.2020 Close: 3.2055 Mid: 3.2071 | 6 Open: 3.2054 Close: 3.1514 Mid: 3.1700 | 7 Open: 3.1515 Close: 3.2043 Mid: 3.1787 | 8 Open: 3.2043 Close: 3.1777 Mid: 3.1898 | 9 |
10 | 11 Open: 3.1713 Close: 3.1665 Mid: 3.1659 | 12 Open: 3.1664 Close: 3.1522 Mid: 3.1543 | 13 Open: 3.1521 Close: 3.1271 Mid: 3.1395 | 14 Open: 3.1271 Close: 3.1216 Mid: 3.1206 | 15 Open: 3.1217 Close: 3.1379 Mid: 3.1436 | 16 |
17 | 18 Open: 3.1479 Close: 3.1665 Mid: 3.1507 | 19 Open: 3.1664 Close: 3.1577 Mid: 3.1643 | 20 Open: 3.1577 Close: 3.1244 Mid: 3.1430 | 21 Open: 3.1244 Close: 3.1183 Mid: 3.1254 | 22 Open: 3.1182 Close: 3.1320 Mid: 3.1194 | 23 |
24 | 25 Open: 3.1453 Close: 3.1468 Mid: 3.1526 | 26 Open: 3.1468 Close: 3.1530 Mid: 3.1475 | 27 Open: 3.1530 Close: 3.1751 Mid: 3.1676 | 28 Open: 3.1751 Close: 3.1723 Mid: 3.1682 | 29 Open: 3.1724 Close: 3.1840 Mid: 3.1820 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 3.1872 Close: 3.1586 Mid: 3.1654 | 3 Open: 3.1586 Close: 3.1554 Mid: 3.1590 | 4 Open: 3.1554 Close: 3.1796 Mid: 3.1638 | 5 Open: 3.1796 Close: 3.1988 Mid: 3.1870 | 6 Open: 3.1988 Close: 3.1764 Mid: 3.1961 | 7 |
8 | 9 Open: 3.1914 Close: 3.1918 Mid: 3.1873 | 10 Open: 3.1918 Close: 3.1770 Mid: 3.1821 | 11 Open: 3.1770 Close: 3.1775 Mid: 3.1767 | 12 Open: 3.1775 Close: 3.1659 Mid: 3.1813 | 13 Open: 3.1660 Close: 3.1848 Mid: 3.1781 | 14 |
15 | 16 Open: 3.1808 Close: 3.2107 Mid: 3.1939 | 17 Open: 3.2107 Close: 3.1898 Mid: 3.2015 | 18 Open: 3.1899 Close: 3.1479 Mid: 3.1757 | 19 Open: 3.1479 Close: 3.1825 Mid: 3.1778 | 20 Open: 3.1825 Close: 3.1887 Mid: 3.1917 | 21 |
22 | 23 Open: 3.1936 Close: 3.1868 Mid: 3.1872 | 24 Open: 3.1868 Close: 3.1668 Mid: 3.1761 | 25 Open: 3.1868 Close: 3.1668 Mid: 3.1761 | 26 Open: 3.1674 Close: 3.1757 Mid: 3.1733 | 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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