Best Swiss Franc / Bahraini Dinar Exchange Rate Today: 0.4194
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 0.4181, and the most competitive travel money / cash rates start at approximately 0.4156.
Live rate: 1 CHF = 0.4194 BHD (+0.1194% )
Inverted: 1 BHD = 2.3844 CHF
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 | 0.4194 | 0 | 0.4152 | |||
 | 0.4181 (indicative) | 0 | 0.4181 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 0.4165 (indicative) | 0 | 0.4165 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 0.4194 | 0.91% | 0.4156 | 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. | |
 | 0.4156 | 0 | 0.4156 | 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  | 0.4077 (upper range) | Variable | 0.4077 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 0.4047 (lower range) | Variable | 0.4047 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 0.4005 | 0 | 0.4005 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4466 Close: 0.4483 Mid: 0.4487 | 2 Open: 0.4483 Close: 0.4439 Mid: 0.4454 | 3 Open: 0.4438 Close: 0.4429 Mid: 0.4425 | 4 Open: 0.4430 Close: 0.4437 Mid: 0.4429 | 5 Open: 0.4436 Close: 0.4427 Mid: 0.4428 | 6 | |
7 | 8 Open: 0.4425 Close: 0.4436 Mid: 0.4433 | 9 Open: 0.4438 Close: 0.4423 Mid: 0.4435 | 10 Open: 0.4423 Close: 0.4425 Mid: 0.4424 | 11 Open: 0.4425 Close: 0.4417 Mid: 0.4422 | 12 Open: 0.4418 Close: 0.4417 Mid: 0.4420 | 13 |
14 | 15 Open: 0.4423 Close: 0.4405 Mid: 0.4414 | 16 Open: 0.4405 Close: 0.4377 Mid: 0.4393 | 17 Open: 0.4377 Close: 0.4360 Mid: 0.4367 | 18 Open: 0.4361 Close: 0.4334 Mid: 0.4348 | 19 Open: 0.4334 Close: 0.4336 Mid: 0.4339 | 20 |
21 | 22 Open: 0.4337 Close: 0.4341 Mid: 0.4339 | 23 Open: 0.4340 Close: 0.4332 Mid: 0.4339 | 24 Open: 0.4332 Close: 0.4371 Mid: 0.4351 | 25 Open: 0.4371 Close: 0.4348 Mid: 0.4360 | 26 Open: 0.4349 Close: 0.4370 Mid: 0.4361 | 27 |
28 | 29 Open: 0.4368 Close: 0.4371 Mid: 0.4371 | 30 Open: 0.4372 Close: 0.4367 Mid: 0.4374 | 31 Open: 0.4367 Close: 0.4380 Mid: 0.4378 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4379 Close: 0.4374 Mid: 0.4376 | 2 Open: 0.4376 Close: 0.4365 Mid: 0.4383 | 3 | ||||
4 | 5 Open: 0.4366 Close: 0.4333 Mid: 0.4347 | 6 Open: 0.4333 Close: 0.4326 Mid: 0.4325 | 7 Open: 0.4327 Close: 0.4308 Mid: 0.4319 | 8 Open: 0.4309 Close: 0.4311 Mid: 0.4313 | 9 Open: 0.4311 Close: 0.4307 Mid: 0.4308 | 10 |
11 | 12 Open: 0.4304 Close: 0.4302 Mid: 0.4306 | 13 Open: 0.4302 Close: 0.4257 Mid: 0.4286 | 14 Open: 0.4256 Close: 0.4253 Mid: 0.4256 | 15 Open: 0.4253 Close: 0.4273 Mid: 0.4268 | 16 Open: 0.4273 Close: 0.4276 Mid: 0.4276 | 17 |
18 | 19 Open: 0.4281 Close: 0.4275 Mid: 0.4277 | 20 Open: 0.4275 Close: 0.4272 Mid: 0.4272 | 21 Open: 0.4272 Close: 0.4279 Mid: 0.4278 | 22 Open: 0.4279 Close: 0.4280 Mid: 0.4286 | 23 Open: 0.4281 Close: 0.4278 Mid: 0.4279 | 24 |
25 | 26 Open: 0.4277 Close: 0.4282 Mid: 0.4283 | 27 Open: 0.4281 Close: 0.4290 Mid: 0.4285 | 28 Open: 0.4290 Close: 0.4286 Mid: 0.4288 | 29 Open: 0.4287 Close: 0.4266 Mid: 0.4279 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4266 Close: 0.4265 Mid: 0.4257 | 2 | |||||
3 | 4 Open: 0.4259 Close: 0.4255 Mid: 0.4260 | 5 Open: 0.4255 Close: 0.4263 Mid: 0.4257 | 6 Open: 0.4263 Close: 0.4273 Mid: 0.4262 | 7 Open: 0.4273 Close: 0.4281 Mid: 0.4280 | 8 Open: 0.4282 Close: 0.4292 Mid: 0.4290 | 9 |
10 | 11 Open: 0.4295 Close: 0.4299 Mid: 0.4298 | 12 Open: 0.4299 Close: 0.4295 Mid: 0.4300 | 13 Open: 0.4295 Close: 0.4289 Mid: 0.4293 | 14 Open: 0.4289 Close: 0.4272 Mid: 0.4282 | 15 Open: 0.4271 Close: 0.4269 Mid: 0.4271 | 16 |
17 | 18 Open: 0.4270 Close: 0.4246 Mid: 0.4258 | 19 Open: 0.4245 Close: 0.4239 Mid: 0.4248 | 20 Open: 0.4244 Close: 0.4225 Mid: 0.4231 | 21 Open: 0.4227 Close: 0.4213 Mid: 0.4216 | 22 Open: 0.4212 Close: 0.4198 Mid: 0.4202 | 23 |
24 | 25 Open: 0.4196 Close: 0.4190 Mid: 0.4196 | 26 Open: 0.4190 Close: 0.4172 Mid: 0.4183 | 27 Open: 0.4172 Close: 0.4164 Mid: 0.4165 | 28 Open: 0.4165 Close: 0.4181 Mid: 0.4171 | 29 Open: 0.4181 Close: 0.4179 Mid: 0.4181 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4175 Close: 0.4186 Mid: 0.4181 | 2 Open: 0.4190 Close: 0.4148 Mid: 0.4169 | 3 Open: 0.4148 Close: 0.4158 Mid: 0.4152 | 4 Open: 0.4159 Close: 0.4188 Mid: 0.4165 | 5 Open: 0.4188 Close: 0.4177 Mid: 0.4184 | 6 | |
7 | 8 Open: 0.4182 Close: 0.4159 Mid: 0.4170 | 9 Open: 0.4159 Close: 0.4171 Mid: 0.4167 | 10 Open: 0.4171 Close: 0.4141 Mid: 0.4155 | 11 Open: 0.4140 Close: 0.4139 Mid: 0.4136 | 12 Open: 0.4140 Close: 0.4125 Mid: 0.4144 | 13 |
14 | 15 Open: 0.4137 Close: 0.4142 Mid: 0.4133 | 16 Open: 0.4141 Close: 0.4133 Mid: 0.4132 | 17 Open: 0.4133 Close: 0.4138 Mid: 0.4135 | 18 Open: 0.4138 Close: 0.4139 Mid: 0.4141 | 19 Open: 0.4138 Close: 0.4158 Mid: 0.4164 | 20 |
21 | 22 Open: 0.4160 Close: 0.4127 Mid: 0.4143 | 23 Open: 0.4127 Close: 0.4118 Mid: 0.4124 | 24 Open: 0.4119 Close: 0.4112 Mid: 0.4117 | 25 Open: 0.4113 Close: 0.4129 Mid: 0.4120 | 26 Open: 0.4129 Close: 0.4125 Mid: 0.4135 | 27 |
28 | 29 Open: 0.4132 Close: 0.4134 Mid: 0.4131 | 30 Open: 0.4135 Close: 0.4108 Mid: 0.4124 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4108 Close: 0.4101 Mid: 0.4102 | 2 Open: 0.4101 Close: 0.4134 Mid: 0.4119 | 3 Open: 0.4134 Close: 0.4169 Mid: 0.4155 | 4 | |||
5 | 6 Open: 0.4163 Close: 0.4163 Mid: 0.4165 | 7 Open: 0.4163 Close: 0.4159 Mid: 0.4159 | 8 Open: 0.4158 Close: 0.4148 Mid: 0.4154 | 9 Open: 0.4148 Close: 0.4148 Mid: 0.4147 | 10 Open: 0.4148 Close: 0.4159 Mid: 0.4152 | 11 |
12 | 13 Open: 0.4162 Close: 0.4147 Mid: 0.4155 | 14 Open: 0.4147 Close: 0.4151 Mid: 0.4157 | 15 Open: 0.4151 Close: 0.4165 Mid: 0.4160 | 16 Open: 0.4166 Close: 0.4159 Mid: 0.4170 | 17 Open: 0.4159 Close: 0.4137 Mid: 0.4147 | 18 |
19 | 20 Open: 0.4141 Close: 0.4138 Mid: 0.4140 | 21 Open: 0.4138 Close: 0.4139 Mid: 0.4140 | 22 Open: 0.4139 Close: 0.4117 Mid: 0.4128 | 23 Open: 0.4117 Close: 0.4130 Mid: 0.4127 | 24 Open: 0.4129 Close: 0.4117 Mid: 0.4121 | 25 |
26 | 27 Open: 0.4120 Close: 0.4123 Mid: 0.4120 | 28 Open: 0.4123 Close: 0.4137 Mid: 0.4135 | 29 Open: 0.4136 Close: 0.4134 Mid: 0.4133 | 30 Open: 0.4133 Close: 0.4170 Mid: 0.4148 | 31 Open: 0.4170 Close: 0.4174 Mid: 0.4170 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 0.4174 Close: 0.4189 Mid: 0.4185 | 4 Open: 0.4190 Close: 0.4234 Mid: 0.4215 | 5 Open: 0.4235 Close: 0.4215 Mid: 0.4224 | 6 Open: 0.4215 Close: 0.4236 Mid: 0.4226 | 7 Open: 0.4236 Close: 0.4212 Mid: 0.4224 | 8 |
9 | 10 Open: 0.4214 Close: 0.4200 Mid: 0.4207 | 11 Open: 0.4201 Close: 0.4198 Mid: 0.4203 | 12 Open: 0.4198 Close: 0.4216 Mid: 0.4209 | 13 Open: 0.4216 Close: 0.4219 Mid: 0.4218 | 14 Open: 0.4219 Close: 0.4235 Mid: 0.4230 | 15 |
16 | 17 Open: 0.4229 Close: 0.4229 Mid: 0.4230 | 18 Open: 0.4229 Close: 0.4258 Mid: 0.4246 | 19 Open: 0.4258 Close: 0.4263 Mid: 0.4259 | 20 Open: 0.4263 Close: 0.4236 Mid: 0.4248 | 21 Open: 0.4236 Close: 0.4214 Mid: 0.4227 | 22 |
23 | 24 Open: 0.4219 Close: 0.4218 Mid: 0.4216 | 25 Open: 0.4218 Close: 0.4212 Mid: 0.4217 | 26 Open: 0.4212 Close: 0.4206 Mid: 0.4206 | 27 Open: 0.4206 Close: 0.4196 Mid: 0.4201 | 28 Open: 0.4196 Close: 0.4194 Mid: 0.4193 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4193 Close: 0.4178 Mid: 0.4183 | 2 Open: 0.4178 Close: 0.4165 Mid: 0.4171 | 3 Open: 0.4165 Close: 0.4175 Mid: 0.4169 | 4 Open: 0.4176 Close: 0.4187 Mid: 0.4178 | 5 Open: 0.4187 Close: 0.4204 Mid: 0.4192 | 6 | |
7 | 8 Open: 0.4208 Close: 0.4205 Mid: 0.4206 | 9 Open: 0.4201 Close: 0.4203 Mid: 0.4201 | 10 Open: 0.4202 Close: 0.4181 Mid: 0.4192 | 11 Open: 0.4181 Close: 0.4199 Mid: 0.4195 | 12 Open: 0.4199 Close: 0.4210 Mid: 0.4207 | 13 |
14 | 15 Open: 0.4218 Close: 0.4211 Mid: 0.4212 | 16 Open: 0.4210 Close: 0.4214 Mid: 0.4210 | 17 Open: 0.4214 Close: 0.4269 Mid: 0.4243 | 18 Open: 0.4269 Close: 0.4254 Mid: 0.4264 | 19 Open: 0.4254 Close: 0.4241 Mid: 0.4247 | 20 |
21 | 22 Open: 0.4243 Close: 0.4234 Mid: 0.4242 | 23 Open: 0.4234 Close: 0.4229 Mid: 0.4233 | 24 Open: 0.4229 Close: 0.4260 Mid: 0.4246 | 25 Open: 0.4260 Close: 0.4282 Mid: 0.4276 | 26 Open: 0.4282 Close: 0.4264 Mid: 0.4274 | 27 |
28 | 29 Open: 0.4268 Close: 0.4250 Mid: 0.4262 | 30 Open: 0.4250 Close: 0.4271 Mid: 0.4260 | 31 Open: 0.4271 Close: 0.4289 Mid: 0.4281 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4289 Close: 0.4326 Mid: 0.4310 | 2 Open: 0.4326 Close: 0.4378 Mid: 0.4349 | 3 | ||||
4 | 5 Open: 0.4372 Close: 0.4417 Mid: 0.4426 | 6 Open: 0.4417 Close: 0.4429 Mid: 0.4417 | 7 Open: 0.4428 Close: 0.4385 Mid: 0.4391 | 8 Open: 0.4384 Close: 0.4337 Mid: 0.4372 | 9 Open: 0.4338 Close: 0.4355 Mid: 0.4351 | 10 |
11 | 12 Open: 0.4353 Close: 0.4356 Mid: 0.4343 | 13 Open: 0.4356 Close: 0.4339 Mid: 0.4347 | 14 Open: 0.4340 Close: 0.4361 Mid: 0.4354 | 15 Open: 0.4361 Close: 0.4320 Mid: 0.4340 | 16 Open: 0.4320 Close: 0.4343 Mid: 0.4337 | 17 |
18 | 19 Open: 0.4351 Close: 0.4363 Mid: 0.4356 | 20 Open: 0.4363 Close: 0.4408 Mid: 0.4385 | 21 Open: 0.4408 Close: 0.4414 Mid: 0.4413 | 22 Open: 0.4415 Close: 0.4424 Mid: 0.4427 | 23 Open: 0.4424 Close: 0.4429 Mid: 0.4425 | 24 |
25 | 26 Open: 0.4431 Close: 0.4449 Mid: 0.4443 | 27 Open: 0.4449 Close: 0.4468 Mid: 0.4453 | 28 Open: 0.4468 Close: 0.4478 Mid: 0.4477 | 29 Open: 0.4478 Close: 0.4451 Mid: 0.4464 | 30 Open: 0.4450 Close: 0.4443 Mid: 0.4442 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.4442 Close: 0.4422 Mid: 0.4430 | 3 Open: 0.4422 Close: 0.4430 Mid: 0.4431 | 4 Open: 0.4431 Close: 0.4449 Mid: 0.4439 | 5 Open: 0.4449 Close: 0.4462 Mid: 0.4450 | 6 Open: 0.4462 Close: 0.4479 Mid: 0.4468 | 7 |
8 | 9 Open: 0.4479 Close: 0.4442 Mid: 0.4458 | 10 Open: 0.4441 Close: 0.4450 Mid: 0.4451 | 11 Open: 0.4450 Close: 0.4428 Mid: 0.4450 | 12 Open: 0.4428 Close: 0.4409 Mid: 0.4418 | 13 Open: 0.4410 Close: 0.4440 Mid: 0.4433 | 14 |
15 | 16 Open: 0.4453 Close: 0.4452 Mid: 0.4453 | 17 Open: 0.4453 Close: 0.4459 Mid: 0.4461 | 18 Open: 0.4458 Close: 0.4459 Mid: 0.4461 | 19 Open: 0.4458 Close: 0.4447 Mid: 0.4449 | 20 Open: 0.4447 Close: 0.4422 Mid: 0.4437 | 21 |
22 | 23 Open: 0.4424 Close: 0.4441 Mid: 0.4436 | 24 Open: 0.4441 Close: 0.4457 Mid: 0.4444 | 25 Open: 0.4458 Close: 0.4442 Mid: 0.4452 | 26 Open: 0.4441 Close: 0.4444 Mid: 0.4444 | 27 Open: 0.4445 Close: 0.4489 Mid: 0.4467 | 28 |
29 | 30 Open: 0.4481 Close: 0.4465 Mid: 0.4475 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4464 Close: 0.4460 Mid: 0.4466 | 2 Open: 0.4459 Close: 0.4439 Mid: 0.4453 | 3 Open: 0.4439 Close: 0.4418 Mid: 0.4440 | 4 Open: 0.4418 Close: 0.4399 Mid: 0.4416 | 5 | ||
6 | 7 Open: 0.4399 Close: 0.4411 Mid: 0.4405 | 8 Open: 0.4411 Close: 0.4393 Mid: 0.4406 | 9 Open: 0.4393 Close: 0.4379 Mid: 0.4394 | 10 Open: 0.4379 Close: 0.4403 Mid: 0.4395 | 11 Open: 0.4403 Close: 0.4398 Mid: 0.4397 | 12 |
13 | 14 Open: 0.4396 Close: 0.4368 Mid: 0.4382 | 15 Open: 0.4368 Close: 0.4373 Mid: 0.4371 | 16 Open: 0.4370 Close: 0.4360 Mid: 0.4374 | 17 Open: 0.4360 Close: 0.4351 Mid: 0.4356 | 18 Open: 0.4351 Close: 0.4356 Mid: 0.4348 | 19 |
20 | 21 Open: 0.4357 Close: 0.4360 Mid: 0.4359 | 22 Open: 0.4351 Close: 0.4353 Mid: 0.4357 | 23 Open: 0.4353 Close: 0.4360 Mid: 0.4352 | 24 Open: 0.4359 Close: 0.4353 Mid: 0.4355 | 25 Open: 0.4353 Close: 0.4355 Mid: 0.4353 | 26 |
27 | 28 Open: 0.4346 Close: 0.4359 Mid: 0.4351 | 29 Open: 0.4358 Close: 0.4338 Mid: 0.4347 | 30 Open: 0.4338 Close: 0.4353 Mid: 0.4346 | 31 Open: 0.4353 Close: 0.4377 Mid: 0.4370 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 0.4376 Close: 0.4337 Mid: 0.4346 | 2 | |||||
3 | 4 Open: 0.4335 Close: 0.4362 Mid: 0.4354 | 5 Open: 0.4362 Close: 0.4354 Mid: 0.4360 | 6 Open: 0.4355 Close: 0.4299 Mid: 0.4329 | 7 Open: 0.4299 Close: 0.4314 Mid: 0.4305 | 8 Open: 0.4314 Close: 0.4307 Mid: 0.4317 | 9 |
10 | 11 Open: 0.4313 Close: 0.4279 Mid: 0.4295 | 12 Open: 0.4279 Close: 0.4286 Mid: 0.4283 | 13 Open: 0.4285 Close: 0.4257 Mid: 0.4274 | 14 Open: 0.4257 Close: 0.4233 Mid: 0.4245 | 15 Open: 0.4234 Close: 0.4250 Mid: 0.4248 | 16 |
17 | 18 Open: 0.4246 Close: 0.4259 Mid: 0.4251 | 19 Open: 0.4259 Close: 0.4264 Mid: 0.4271 | 20 Open: 0.4264 Close: 0.4263 Mid: 0.4260 | 21 Open: 0.4263 Close: 0.4261 Mid: 0.4265 | 22 Open: 0.4260 Close: 0.4212 Mid: 0.4243 | 23 |
24 | 25 Open: 0.4210 Close: 0.4252 Mid: 0.4232 | 26 Open: 0.4252 Close: 0.4251 Mid: 0.4251 | 27 Open: 0.4251 Close: 0.4265 Mid: 0.4262 | 28 Open: 0.4266 Close: 0.4265 Mid: 0.4266 | 29 Open: 0.4265 Close: 0.4266 Mid: 0.4273 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 0.4270 Close: 0.4257 Mid: 0.4260 | 3 Open: 0.4257 Close: 0.4251 Mid: 0.4255 | 4 Open: 0.4251 Close: 0.4260 Mid: 0.4256 | 5 Open: 0.4260 Close: 0.4285 Mid: 0.4269 | 6 Open: 0.4285 Close: 0.4293 Mid: 0.4295 | 7 |
8 | 9 Open: 0.4293 Close: 0.4296 Mid: 0.4289 | 10 Open: 0.4295 Close: 0.4266 Mid: 0.4282 | 11 Open: 0.4266 Close: 0.4264 Mid: 0.4269 | 12 Open: 0.4264 Close: 0.4237 Mid: 0.4249 | 13 Open: 0.4236 Close: 0.4229 Mid: 0.4233 | 14 |
15 | 16 Open: 0.4227 Close: 0.4210 Mid: 0.4221 | 17 Open: 0.4211 Close: 0.4223 Mid: 0.4210 | 18 Open: 0.4223 Close: 0.4210 Mid: 0.4215 | 19 Open: 0.4208 Close: 0.4215 Mid: 0.4208 | 20 Open: 0.4213 Close: 0.4220 Mid: 0.4215 | 21 |
22 | 23 Open: 0.4222 Close: 0.4194 Mid: 0.4208 | 24 Open: 0.4194 Close: 0.4189 Mid: 0.4190 | 25 Open: 0.4194 Close: 0.4189 Mid: 0.4190 | 26 Open: 0.4194 Close: 0.4189 Mid: 0.4190 | 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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