Best Swedish Krona / United Arab Emirates Dirham Exchange Rate Today: 0.3316
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 0.3306, and the most competitive travel money / cash rates start at approximately 0.3286.
Live rate: 1 SEK = 0.3316 AED (+0.1208% )
Inverted: 1 AED = 3.0157 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 | 0.3316 | 0 | 0.3283 | |||
 | 0.3306 (indicative) | 0 | 0.3306 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 0.3293 (indicative) | 0 | 0.3293 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 0.3316 | 3.34% | 0.3205 | 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. | |
 | 0.3286 | 0 | 0.3286 | 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  | 0.3223 (upper range) | Variable | 0.3223 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 0.3200 (lower range) | Variable | 0.3200 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 0.3167 | 0 | 0.3167 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3639 Close: 0.3639 Mid: 0.3639 | 2 Open: 0.3640 Close: 0.3602 Mid: 0.3628 | 3 Open: 0.3602 Close: 0.3562 Mid: 0.3584 | 4 Open: 0.3563 Close: 0.3597 Mid: 0.3579 | 5 Open: 0.3596 Close: 0.3562 Mid: 0.3579 | 6 | |
7 | 8 Open: 0.3582 Close: 0.3580 Mid: 0.3584 | 9 Open: 0.3582 Close: 0.3585 Mid: 0.3582 | 10 Open: 0.3587 Close: 0.3589 Mid: 0.3588 | 11 Open: 0.3589 Close: 0.3567 Mid: 0.3582 | 12 Open: 0.3568 Close: 0.3573 Mid: 0.3571 | 13 |
14 | 15 Open: 0.3573 Close: 0.3562 Mid: 0.3571 | 16 Open: 0.3562 Close: 0.3519 Mid: 0.3542 | 17 Open: 0.3520 Close: 0.3517 Mid: 0.3514 | 18 Open: 0.3519 Close: 0.3496 Mid: 0.3507 | 19 Open: 0.3497 Close: 0.3503 Mid: 0.3505 | 20 |
21 | 22 Open: 0.3509 Close: 0.3507 Mid: 0.3509 | 23 Open: 0.3509 Close: 0.3506 Mid: 0.3513 | 24 Open: 0.3505 Close: 0.3520 Mid: 0.3517 | 25 Open: 0.3520 Close: 0.3521 Mid: 0.3524 | 26 Open: 0.3521 Close: 0.3527 Mid: 0.3524 | 27 |
28 | 29 Open: 0.3513 Close: 0.3515 Mid: 0.3508 | 30 Open: 0.3515 Close: 0.3521 Mid: 0.3523 | 31 Open: 0.3521 Close: 0.3539 Mid: 0.3535 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3526 Close: 0.3514 Mid: 0.3516 | 2 Open: 0.3516 Close: 0.3519 Mid: 0.3526 | 3 | ||||
4 | 5 Open: 0.3500 Close: 0.3486 Mid: 0.3491 | 6 Open: 0.3485 Close: 0.3486 Mid: 0.3480 | 7 Open: 0.3488 Close: 0.3506 Mid: 0.3498 | 8 Open: 0.3506 Close: 0.3497 Mid: 0.3502 | 9 Open: 0.3497 Close: 0.3511 Mid: 0.3503 | 10 |
11 | 12 Open: 0.3511 Close: 0.3533 Mid: 0.3521 | 13 Open: 0.3532 Close: 0.3489 Mid: 0.3511 | 14 Open: 0.3487 Close: 0.3487 Mid: 0.3490 | 15 Open: 0.3487 Close: 0.3504 Mid: 0.3502 | 16 Open: 0.3504 Close: 0.3508 Mid: 0.3505 | 17 |
18 | 19 Open: 0.3516 Close: 0.3533 Mid: 0.3525 | 20 Open: 0.3533 Close: 0.3550 Mid: 0.3540 | 21 Open: 0.3550 Close: 0.3540 Mid: 0.3546 | 22 Open: 0.3541 Close: 0.3550 Mid: 0.3552 | 23 Open: 0.3553 Close: 0.3564 Mid: 0.3558 | 24 |
25 | 26 Open: 0.3555 Close: 0.3570 Mid: 0.3563 | 27 Open: 0.3571 Close: 0.3562 Mid: 0.3568 | 28 Open: 0.3562 Close: 0.3550 Mid: 0.3554 | 29 Open: 0.3551 Close: 0.3545 Mid: 0.3551 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3546 Close: 0.3552 Mid: 0.3551 | 2 | |||||
3 | 4 Open: 0.3560 Close: 0.3538 Mid: 0.3550 | 5 Open: 0.3538 Close: 0.3536 Mid: 0.3536 | 6 Open: 0.3537 Close: 0.3565 Mid: 0.3549 | 7 Open: 0.3565 Close: 0.3579 Mid: 0.3571 | 8 Open: 0.3580 Close: 0.3596 Mid: 0.3590 | 9 |
10 | 11 Open: 0.3600 Close: 0.3597 Mid: 0.3597 | 12 Open: 0.3596 Close: 0.3580 Mid: 0.3595 | 13 Open: 0.3580 Close: 0.3591 Mid: 0.3585 | 14 Open: 0.3591 Close: 0.3560 Mid: 0.3578 | 15 Open: 0.3560 Close: 0.3548 Mid: 0.3552 | 16 |
17 | 18 Open: 0.3542 Close: 0.3522 Mid: 0.3532 | 19 Open: 0.3522 Close: 0.3514 Mid: 0.3513 | 20 Open: 0.3520 Close: 0.3511 Mid: 0.3510 | 21 Open: 0.3513 Close: 0.3529 Mid: 0.3519 | 22 Open: 0.3527 Close: 0.3473 Mid: 0.3501 | 23 |
24 | 25 Open: 0.3474 Close: 0.3467 Mid: 0.3470 | 26 Open: 0.3472 Close: 0.3475 Mid: 0.3476 | 27 Open: 0.3474 Close: 0.3457 Mid: 0.3467 | 28 Open: 0.3457 Close: 0.3438 Mid: 0.3447 | 29 Open: 0.3437 Close: 0.3441 Mid: 0.3434 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3441 Close: 0.3418 Mid: 0.3428 | 2 Open: 0.3400 Close: 0.3415 Mid: 0.3414 | 3 Open: 0.3415 Close: 0.3430 Mid: 0.3425 | 4 Open: 0.3432 Close: 0.3458 Mid: 0.3453 | 5 Open: 0.3457 Close: 0.3439 Mid: 0.3450 | 6 | |
7 | 8 Open: 0.3454 Close: 0.3469 Mid: 0.3463 | 9 Open: 0.3469 Close: 0.3481 Mid: 0.3478 | 10 Open: 0.3481 Close: 0.3445 Mid: 0.3459 | 11 Open: 0.3443 Close: 0.3420 Mid: 0.3427 | 12 Open: 0.3420 Close: 0.3379 Mid: 0.3397 | 13 |
14 | 15 Open: 0.3373 Close: 0.3377 Mid: 0.3375 | 16 Open: 0.3376 Close: 0.3358 Mid: 0.3366 | 17 Open: 0.3357 Close: 0.3358 Mid: 0.3352 | 18 Open: 0.3358 Close: 0.3356 Mid: 0.3365 | 19 Open: 0.3355 Close: 0.3383 Mid: 0.3366 | 20 |
21 | 22 Open: 0.3359 Close: 0.3377 Mid: 0.3372 | 23 Open: 0.3377 Close: 0.3380 Mid: 0.3378 | 24 Open: 0.3382 Close: 0.3369 Mid: 0.3377 | 25 Open: 0.3369 Close: 0.3366 Mid: 0.3363 | 26 Open: 0.3366 Close: 0.3362 Mid: 0.3369 | 27 |
28 | 29 Open: 0.3386 Close: 0.3347 Mid: 0.3366 | 30 Open: 0.3348 Close: 0.3338 Mid: 0.3344 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3338 Close: 0.3349 Mid: 0.3345 | 2 Open: 0.3350 Close: 0.3374 Mid: 0.3362 | 3 Open: 0.3375 Close: 0.3409 Mid: 0.3394 | 4 | |||
5 | 6 Open: 0.3398 Close: 0.3394 Mid: 0.3391 | 7 Open: 0.3394 Close: 0.3392 Mid: 0.3393 | 8 Open: 0.3392 Close: 0.3362 Mid: 0.3377 | 9 Open: 0.3363 Close: 0.3379 Mid: 0.3371 | 10 Open: 0.3379 Close: 0.3387 Mid: 0.3381 | 11 |
12 | 13 Open: 0.3389 Close: 0.3379 Mid: 0.3384 | 14 Open: 0.3380 Close: 0.3389 Mid: 0.3383 | 15 Open: 0.3390 Close: 0.3432 Mid: 0.3412 | 16 Open: 0.3433 Close: 0.3424 Mid: 0.3431 | 17 Open: 0.3424 Close: 0.3415 Mid: 0.3420 | 18 |
19 | 20 Open: 0.3429 Close: 0.3434 Mid: 0.3434 | 21 Open: 0.3434 Close: 0.3436 Mid: 0.3439 | 22 Open: 0.3436 Close: 0.3423 Mid: 0.3429 | 23 Open: 0.3423 Close: 0.3429 Mid: 0.3432 | 24 Open: 0.3428 Close: 0.3438 Mid: 0.3434 | 25 |
26 | 27 Open: 0.3442 Close: 0.3453 Mid: 0.3449 | 28 Open: 0.3454 Close: 0.3478 Mid: 0.3471 | 29 Open: 0.3478 Close: 0.3453 Mid: 0.3466 | 30 Open: 0.3452 Close: 0.3465 Mid: 0.3455 | 31 Open: 0.3465 Close: 0.3483 Mid: 0.3477 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 0.3491 Close: 0.3509 Mid: 0.3501 | 4 Open: 0.3511 Close: 0.3515 Mid: 0.3510 | 5 Open: 0.3515 Close: 0.3529 Mid: 0.3525 | 6 Open: 0.3529 Close: 0.3531 Mid: 0.3532 | 7 Open: 0.3531 Close: 0.3495 Mid: 0.3520 | 8 |
9 | 10 Open: 0.3483 Close: 0.3501 Mid: 0.3487 | 11 Open: 0.3502 Close: 0.3503 Mid: 0.3501 | 12 Open: 0.3503 Close: 0.3539 Mid: 0.3528 | 13 Open: 0.3538 Close: 0.3510 Mid: 0.3527 | 14 Open: 0.3510 Close: 0.3496 Mid: 0.3498 | 15 |
16 | 17 Open: 0.3487 Close: 0.3496 Mid: 0.3490 | 18 Open: 0.3496 Close: 0.3513 Mid: 0.3503 | 19 Open: 0.3513 Close: 0.3522 Mid: 0.3518 | 20 Open: 0.3522 Close: 0.3504 Mid: 0.3518 | 21 Open: 0.3503 Close: 0.3496 Mid: 0.3497 | 22 |
23 | 24 Open: 0.3488 Close: 0.3500 Mid: 0.3498 | 25 Open: 0.3500 Close: 0.3494 Mid: 0.3501 | 26 Open: 0.3494 Close: 0.3478 Mid: 0.3481 | 27 Open: 0.3478 Close: 0.3459 Mid: 0.3468 | 28 Open: 0.3459 Close: 0.3465 Mid: 0.3459 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3478 Close: 0.3465 Mid: 0.3470 | 2 Open: 0.3464 Close: 0.3466 Mid: 0.3455 | 3 Open: 0.3466 Close: 0.3489 Mid: 0.3477 | 4 Open: 0.3490 Close: 0.3497 Mid: 0.3492 | 5 Open: 0.3497 Close: 0.3502 Mid: 0.3498 | 6 | |
7 | 8 Open: 0.3492 Close: 0.3472 Mid: 0.3484 | 9 Open: 0.3471 Close: 0.3487 Mid: 0.3478 | 10 Open: 0.3486 Close: 0.3475 Mid: 0.3480 | 11 Open: 0.3475 Close: 0.3504 Mid: 0.3495 | 12 Open: 0.3504 Close: 0.3483 Mid: 0.3492 | 13 |
14 | 15 Open: 0.3488 Close: 0.3468 Mid: 0.3477 | 16 Open: 0.3468 Close: 0.3464 Mid: 0.3464 | 17 Open: 0.3464 Close: 0.3488 Mid: 0.3475 | 18 Open: 0.3488 Close: 0.3472 Mid: 0.3482 | 19 Open: 0.3471 Close: 0.3442 Mid: 0.3462 | 20 |
21 | 22 Open: 0.3447 Close: 0.3423 Mid: 0.3438 | 23 Open: 0.3423 Close: 0.3412 Mid: 0.3417 | 24 Open: 0.3412 Close: 0.3409 Mid: 0.3406 | 25 Open: 0.3409 Close: 0.3398 Mid: 0.3397 | 26 Open: 0.3397 Close: 0.3395 Mid: 0.3401 | 27 |
28 | 29 Open: 0.3397 Close: 0.3388 Mid: 0.3397 | 30 Open: 0.3388 Close: 0.3413 Mid: 0.3400 | 31 Open: 0.3413 Close: 0.3430 Mid: 0.3423 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3430 Close: 0.3437 Mid: 0.3434 | 2 Open: 0.3436 Close: 0.3463 Mid: 0.3442 | 3 | ||||
4 | 5 Open: 0.3479 Close: 0.3474 Mid: 0.3480 | 6 Open: 0.3474 Close: 0.3489 Mid: 0.3483 | 7 Open: 0.3489 Close: 0.3509 Mid: 0.3506 | 8 Open: 0.3509 Close: 0.3480 Mid: 0.3501 | 9 Open: 0.3481 Close: 0.3489 Mid: 0.3488 | 10 |
11 | 12 Open: 0.3487 Close: 0.3489 Mid: 0.3489 | 13 Open: 0.3489 Close: 0.3493 Mid: 0.3489 | 14 Open: 0.3494 Close: 0.3514 Mid: 0.3513 | 15 Open: 0.3514 Close: 0.3486 Mid: 0.3500 | 16 Open: 0.3486 Close: 0.3504 Mid: 0.3490 | 17 |
18 | 19 Open: 0.3530 Close: 0.3554 Mid: 0.3532 | 20 Open: 0.3555 Close: 0.3595 Mid: 0.3573 | 21 Open: 0.3595 Close: 0.3592 Mid: 0.3589 | 22 Open: 0.3593 Close: 0.3590 Mid: 0.3590 | 23 Open: 0.3589 Close: 0.3587 Mid: 0.3582 | 24 |
25 | 26 Open: 0.3594 Close: 0.3598 Mid: 0.3601 | 27 Open: 0.3598 Close: 0.3607 Mid: 0.3601 | 28 Open: 0.3608 Close: 0.3609 Mid: 0.3608 | 29 Open: 0.3609 Close: 0.3591 Mid: 0.3597 | 30 Open: 0.3591 Close: 0.3585 Mid: 0.3591 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.3576 Close: 0.3578 Mid: 0.3581 | 3 Open: 0.3578 Close: 0.3564 Mid: 0.3572 | 4 Open: 0.3564 Close: 0.3568 Mid: 0.3562 | 5 Open: 0.3569 Close: 0.3578 Mid: 0.3575 | 6 Open: 0.3578 Close: 0.3579 Mid: 0.3587 | 7 |
8 | 9 Open: 0.3567 Close: 0.3544 Mid: 0.3554 | 10 Open: 0.3544 Close: 0.3542 Mid: 0.3543 | 11 Open: 0.3542 Close: 0.3539 Mid: 0.3542 | 12 Open: 0.3539 Close: 0.3554 Mid: 0.3545 | 13 Open: 0.3555 Close: 0.3591 Mid: 0.3576 | 14 |
15 | 16 Open: 0.3586 Close: 0.3603 Mid: 0.3598 | 17 Open: 0.3603 Close: 0.3617 Mid: 0.3610 | 18 Open: 0.3616 Close: 0.3596 Mid: 0.3605 | 19 Open: 0.3596 Close: 0.3615 Mid: 0.3612 | 20 Open: 0.3615 Close: 0.3602 Mid: 0.3606 | 21 |
22 | 23 Open: 0.3604 Close: 0.3595 Mid: 0.3601 | 24 Open: 0.3596 Close: 0.3628 Mid: 0.3611 | 25 Open: 0.3629 Close: 0.3616 Mid: 0.3626 | 26 Open: 0.3615 Close: 0.3622 Mid: 0.3621 | 27 Open: 0.3622 Close: 0.3646 Mid: 0.3633 | 28 |
29 | 30 Open: 0.3636 Close: 0.3621 Mid: 0.3631 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3621 Close: 0.3586 Mid: 0.3603 | 2 Open: 0.3585 Close: 0.3581 Mid: 0.3583 | 3 Open: 0.3581 Close: 0.3560 Mid: 0.3575 | 4 Open: 0.3560 Close: 0.3550 Mid: 0.3557 | 5 | ||
6 | 7 Open: 0.3549 Close: 0.3545 Mid: 0.3543 | 8 Open: 0.3545 Close: 0.3554 Mid: 0.3549 | 9 Open: 0.3554 Close: 0.3538 Mid: 0.3548 | 10 Open: 0.3537 Close: 0.3538 Mid: 0.3538 | 11 Open: 0.3538 Close: 0.3541 Mid: 0.3537 | 12 |
13 | 14 Open: 0.3536 Close: 0.3523 Mid: 0.3532 | 15 Open: 0.3523 Close: 0.3529 Mid: 0.3532 | 16 Open: 0.3526 Close: 0.3508 Mid: 0.3526 | 17 Open: 0.3507 Close: 0.3485 Mid: 0.3497 | 18 Open: 0.3485 Close: 0.3490 Mid: 0.3486 | 19 |
20 | 21 Open: 0.3490 Close: 0.3490 Mid: 0.3489 | 22 Open: 0.3478 Close: 0.3479 Mid: 0.3483 | 23 Open: 0.3479 Close: 0.3478 Mid: 0.3472 | 24 Open: 0.3478 Close: 0.3478 Mid: 0.3475 | 25 Open: 0.3478 Close: 0.3466 Mid: 0.3472 | 26 |
27 | 28 Open: 0.3463 Close: 0.3451 Mid: 0.3459 | 29 Open: 0.3451 Close: 0.3444 Mid: 0.3445 | 30 Open: 0.3445 Close: 0.3446 Mid: 0.3440 | 31 Open: 0.3445 Close: 0.3461 Mid: 0.3447 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.3460 Close: 0.3431 Mid: 0.3441 | 2 | |||||
3 | 4 Open: 0.3437 Close: 0.3429 Mid: 0.3440 | 5 Open: 0.3429 Close: 0.3419 Mid: 0.3428 | 6 Open: 0.3417 Close: 0.3378 Mid: 0.3392 | 7 Open: 0.3379 Close: 0.3429 Mid: 0.3401 | 8 Open: 0.3429 Close: 0.3401 Mid: 0.3414 | 9 |
10 | 11 Open: 0.3387 Close: 0.3387 Mid: 0.3384 | 12 Open: 0.3387 Close: 0.3386 Mid: 0.3384 | 13 Open: 0.3385 Close: 0.3352 Mid: 0.3368 | 14 Open: 0.3351 Close: 0.3339 Mid: 0.3342 | 15 Open: 0.3340 Close: 0.3353 Mid: 0.3351 | 16 |
17 | 18 Open: 0.3341 Close: 0.3357 Mid: 0.3346 | 19 Open: 0.3358 Close: 0.3353 Mid: 0.3355 | 20 Open: 0.3353 Close: 0.3333 Mid: 0.3342 | 21 Open: 0.3333 Close: 0.3334 Mid: 0.3335 | 22 Open: 0.3333 Close: 0.3325 Mid: 0.3324 | 23 |
24 | 25 Open: 0.3345 Close: 0.3351 Mid: 0.3348 | 26 Open: 0.3350 Close: 0.3345 Mid: 0.3342 | 27 Open: 0.3345 Close: 0.3359 Mid: 0.3354 | 28 Open: 0.3360 Close: 0.3357 Mid: 0.3358 | 29 Open: 0.3358 Close: 0.3357 Mid: 0.3365 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.3374 Close: 0.3345 Mid: 0.3357 | 3 Open: 0.3345 Close: 0.3334 Mid: 0.3340 | 4 Open: 0.3335 Close: 0.3357 Mid: 0.3343 | 5 Open: 0.3357 Close: 0.3381 Mid: 0.3366 | 6 Open: 0.3381 Close: 0.3371 Mid: 0.3377 | 7 |
8 | 9 Open: 0.3372 Close: 0.3371 Mid: 0.3367 | 10 Open: 0.3370 Close: 0.3342 Mid: 0.3355 | 11 Open: 0.3342 Close: 0.3349 Mid: 0.3345 | 12 Open: 0.3349 Close: 0.3349 Mid: 0.3356 | 13 Open: 0.3348 Close: 0.3356 Mid: 0.3349 | 14 |
15 | 16 Open: 0.3352 Close: 0.3367 Mid: 0.3356 | 17 Open: 0.3368 Close: 0.3347 Mid: 0.3358 | 18 Open: 0.3347 Close: 0.3333 Mid: 0.3346 | 19 Open: 0.3331 Close: 0.3359 Mid: 0.3346 | 20 Open: 0.3356 Close: 0.3319 Mid: 0.3336 | 21 |
22 | 23 Open: 0.3325 Close: 0.3322 Mid: 0.3326 | 24 Open: 0.3322 Close: 0.3312 Mid: 0.3314 | 25 Open: 0.3322 Close: 0.3312 Mid: 0.3314 | 26 Open: 0.3322 Close: 0.3312 Mid: 0.3314 | 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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