Best Swiss Franc / Chinese Yuan Exchange Rate Today: 8.1104
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 8.0861, and the most competitive travel money / cash rates start at approximately 8.0374.
Live rate: 1 CHF = 8.1104 CNY (+0.1% )
Inverted: 1 CNY = 0.1233 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 | 8.1104 | 0 | 8.0293 | |||
8.0861 (indicative) | 0 | 8.0861 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | ||
8.0536 (indicative) | 0 | 8.0536 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | ||
8.1104 | 1.09% | 8.0220 | 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. | ||
8.0374 | 0 | 8.0374 | 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 | 7.8833 (upper range) | Variable | 7.8833 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 7.8265 (lower range) | Variable | 7.8265 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal | 7.7454 | 0 | 7.7454 | International Payments and Transfers |
« | » |
January - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 8.3639 Close: 8.4207 Mid: 8.4086 | 2 Open: 8.4212 Close: 8.3473 Mid: 8.3782 | 3 Open: 8.3469 Close: 8.3664 Mid: 8.3406 | 4 Open: 8.3679 Close: 8.3735 Mid: 8.3571 | 5 Open: 8.3711 Close: 8.3518 Mid: 8.3514 | 6 | |
7 | 8 Open: 8.3364 Close: 8.3673 Mid: 8.3532 | 9 Open: 8.3699 Close: 8.3400 Mid: 8.3670 | 10 Open: 8.3406 Close: 8.3522 Mid: 8.3448 | 11 Open: 8.3531 Close: 8.3286 Mid: 8.3317 | 12 Open: 8.3294 Close: 8.3398 Mid: 8.3400 | 13 |
14 | 15 Open: 8.3491 Close: 8.3033 Mid: 8.3284 | 16 Open: 8.3030 Close: 8.2727 Mid: 8.2902 | 17 Open: 8.2718 Close: 8.2438 Mid: 8.2430 | 18 Open: 8.2461 Close: 8.1962 Mid: 8.2155 | 19 Open: 8.1981 Close: 8.1887 Mid: 8.1949 | 20 |
21 | 22 Open: 8.1910 Close: 8.1833 Mid: 8.1922 | 23 Open: 8.1819 Close: 8.1397 Mid: 8.1703 | 24 Open: 8.1417 Close: 8.2194 Mid: 8.1796 | 25 Open: 8.2198 Close: 8.1751 Mid: 8.1934 | 26 Open: 8.1766 Close: 8.2167 Mid: 8.1984 | 27 |
28 | 29 Open: 8.2145 Close: 8.2331 Mid: 8.2291 | 30 Open: 8.2347 Close: 8.2339 Mid: 8.2357 | 31 Open: 8.2357 Close: 8.2445 Mid: 8.2441 |
February - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 8.2429 Close: 8.2725 Mid: 8.2479 | 2 Open: 8.2735 Close: 8.2173 Mid: 8.2544 | 3 | ||||
4 | 5 Open: 8.2186 Close: 8.1765 Mid: 8.1982 | 6 Open: 8.1773 Close: 8.1678 Mid: 8.1558 | 7 Open: 8.1680 Close: 8.1327 Mid: 8.1507 | 8 Open: 8.1330 Close: 8.1433 Mid: 8.1406 | 9 Open: 8.1433 Close: 8.1428 Mid: 8.1367 | 10 |
11 | 12 Open: 8.1371 Close: 8.1281 Mid: 8.1341 | 13 Open: 8.1276 Close: 8.0291 Mid: 8.0879 | 14 Open: 8.0290 Close: 8.0346 Mid: 8.0423 | 15 Open: 8.0345 Close: 8.0794 Mid: 8.0604 | 16 Open: 8.0792 Close: 8.0764 Mid: 8.0770 | 17 |
18 | 19 Open: 8.0852 Close: 8.0614 Mid: 8.0713 | 20 Open: 8.0615 Close: 8.0641 Mid: 8.0622 | 21 Open: 8.0634 Close: 8.0717 Mid: 8.0632 | 22 Open: 8.0716 Close: 8.0640 Mid: 8.0867 | 23 Open: 8.0652 Close: 8.0682 Mid: 8.0672 | 24 |
25 | 26 Open: 8.0650 Close: 8.0790 Mid: 8.0777 | 27 Open: 8.0792 Close: 8.0929 Mid: 8.0814 | 28 Open: 8.0934 Close: 8.0861 Mid: 8.0853 | 29 Open: 8.0876 Close: 8.0321 Mid: 8.0643 |
March - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 8.0325 Close: 8.0459 Mid: 8.0251 | 2 | |||||
3 | 4 Open: 8.0331 Close: 8.0300 Mid: 8.0348 | 5 Open: 8.0291 Close: 8.0428 Mid: 8.0285 | 6 Open: 8.0416 Close: 8.0551 Mid: 8.0363 | 7 Open: 8.0542 Close: 8.0808 Mid: 8.0696 | 8 Open: 8.0817 Close: 8.0819 Mid: 8.0879 | 9 |
10 | 11 Open: 8.0866 Close: 8.0730 Mid: 8.0804 | 12 Open: 8.0730 Close: 8.0780 Mid: 8.0776 | 13 Open: 8.0780 Close: 8.0677 Mid: 8.0754 | 14 Open: 8.0676 Close: 8.0297 Mid: 8.0510 | 15 Open: 8.0297 Close: 8.0353 Mid: 8.0333 | 16 |
17 | 18 Open: 8.0399 Close: 7.9927 Mid: 8.0169 | 19 Open: 7.9936 Close: 7.9973 Mid: 7.9992 | 20 Open: 7.9973 Close: 7.9895 Mid: 7.9824 | 21 Open: 7.9905 Close: 7.9232 Mid: 7.9440 | 22 Open: 7.9223 Close: 7.9552 Mid: 7.9533 | 23 |
24 | 25 Open: 7.9517 Close: 7.9180 Mid: 7.9284 | 26 Open: 7.9179 Close: 7.8718 Mid: 7.8931 | 27 Open: 7.8727 Close: 7.8673 Mid: 7.8623 | 28 Open: 7.8673 Close: 7.8813 Mid: 7.8613 | 29 Open: 7.8812 Close: 7.8721 Mid: 7.8778 | 30 |
31 |
April - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 7.8655 Close: 7.8939 Mid: 7.8787 | 2 Open: 7.9099 Close: 7.8117 Mid: 7.8585 | 3 Open: 7.8125 Close: 7.8450 Mid: 7.8262 | 4 Open: 7.8458 Close: 7.8760 Mid: 7.8459 | 5 Open: 7.8751 Close: 7.8584 Mid: 7.8612 | 6 | |
7 | 8 Open: 7.8628 Close: 7.8321 Mid: 7.8457 | 9 Open: 7.8322 Close: 7.8431 Mid: 7.8433 | 10 Open: 7.8431 Close: 7.7842 Mid: 7.8139 | 11 Open: 7.7842 Close: 7.7952 Mid: 7.7835 | 12 Open: 7.7953 Close: 7.7733 Mid: 7.8051 | 13 |
14 | 15 Open: 7.7954 Close: 7.7899 Mid: 7.7807 | 16 Open: 7.7891 Close: 7.7921 Mid: 7.7854 | 17 Open: 7.7913 Close: 7.7890 Mid: 7.7865 | 18 Open: 7.7890 Close: 7.7846 Mid: 7.7945 | 19 Open: 7.7846 Close: 7.8093 Mid: 7.8300 | 20 |
21 | 22 Open: 7.8150 Close: 7.7819 Mid: 7.7932 | 23 Open: 7.7821 Close: 7.7838 Mid: 7.7855 | 24 Open: 7.7837 Close: 7.7579 Mid: 7.7700 | 25 Open: 7.7589 Close: 7.7740 Mid: 7.7659 | 26 Open: 7.7741 Close: 7.7588 Mid: 7.7745 | 27 |
28 | 29 Open: 7.7703 Close: 7.7770 Mid: 7.7695 | 30 Open: 7.7779 Close: 7.7226 Mid: 7.7539 |
May - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 7.7218 Close: 7.7102 Mid: 7.7097 | 2 Open: 7.7103 Close: 7.7622 Mid: 7.7468 | 3 Open: 7.7623 Close: 7.8161 Mid: 7.7919 | 4 | |||
5 | 6 Open: 7.8072 Close: 7.8121 Mid: 7.8122 | 7 Open: 7.8113 Close: 7.8100 Mid: 7.8135 | 8 Open: 7.8090 Close: 7.8024 Mid: 7.8117 | 9 Open: 7.8025 Close: 7.8102 Mid: 7.8026 | 10 Open: 7.8112 Close: 7.8242 Mid: 7.8192 | 11 |
12 | 13 Open: 7.8280 Close: 7.8075 Mid: 7.8182 | 14 Open: 7.8074 Close: 7.8125 Mid: 7.8227 | 15 Open: 7.8125 Close: 7.8358 Mid: 7.8262 | 16 Open: 7.8375 Close: 7.8164 Mid: 7.8397 | 17 Open: 7.8165 Close: 7.7946 Mid: 7.8053 | 18 |
19 | 20 Open: 7.8002 Close: 7.7906 Mid: 7.7955 | 21 Open: 7.7906 Close: 7.7856 Mid: 7.7923 | 22 Open: 7.7856 Close: 7.7517 Mid: 7.7796 | 23 Open: 7.7517 Close: 7.7800 Mid: 7.7755 | 24 Open: 7.7800 Close: 7.7704 Mid: 7.7684 | 25 |
26 | 27 Open: 7.7760 Close: 7.7765 Mid: 7.7726 | 28 Open: 7.7765 Close: 7.7977 Mid: 7.8006 | 29 Open: 7.7977 Close: 7.7996 Mid: 7.7952 | 30 Open: 7.7988 Close: 7.8626 Mid: 7.8138 | 31 Open: 7.8627 Close: 7.8685 Mid: 7.8530 |
June - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 7.8667 Close: 7.9083 Mid: 7.8941 | 4 Open: 7.9104 Close: 7.9743 Mid: 7.9473 | 5 Open: 7.9735 Close: 8.0403 Mid: 8.0362 | 6 Open: 8.0341 Close: 8.1442 Mid: 8.0603 | 7 Open: 8.1336 Close: 8.0941 Mid: 8.0938 | 8 |
9 | 10 Open: 8.0919 Close: 7.9211 Mid: 8.0060 | 11 Open: 7.9221 Close: 7.9203 Mid: 7.9275 | 12 Open: 7.9203 Close: 8.0942 Mid: 8.0298 | 13 Open: 8.0943 Close: 8.1135 Mid: 8.1063 | 14 Open: 8.1136 Close: 8.1519 Mid: 8.1346 | 15 |
16 | 17 Open: 8.1324 Close: 8.1525 Mid: 8.1416 | 18 Open: 8.1533 Close: 8.2044 Mid: 8.1766 | 19 Open: 8.2043 Close: 8.2056 Mid: 8.2026 | 20 Open: 8.2057 Close: 8.1456 Mid: 8.1730 | 21 Open: 8.1456 Close: 8.1200 Mid: 8.1371 | 22 |
23 | 24 Open: 8.1246 Close: 8.1300 Mid: 8.1249 | 25 Open: 8.1292 Close: 8.1171 Mid: 8.1285 | 26 Open: 8.1171 Close: 8.0948 Mid: 8.0999 | 27 Open: 8.0950 Close: 8.0875 Mid: 8.0974 | 28 Open: 8.0875 Close: 8.0862 Mid: 8.0784 | 29 |
30 |
July - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 8.0975 Close: 8.0513 Mid: 8.0776 | 2 Open: 8.0513 Close: 8.0444 Mid: 8.0438 | 3 Open: 8.0435 Close: 8.0639 Mid: 8.0586 | 4 Open: 8.0640 Close: 8.0744 Mid: 8.0647 | 5 Open: 8.0751 Close: 8.1155 Mid: 8.0857 | 6 | |
7 | 8 Open: 8.1097 Close: 8.0982 Mid: 8.1148 | 9 Open: 8.0977 Close: 8.1014 Mid: 8.0996 | 10 Open: 8.1013 Close: 8.0872 Mid: 8.0962 | 11 Open: 8.0873 Close: 8.0947 Mid: 8.1078 | 12 Open: 8.0947 Close: 8.1052 Mid: 8.1019 | 13 |
14 | 15 Open: 8.1086 Close: 8.1053 Mid: 8.1089 | 16 Open: 8.1055 Close: 8.0060 Mid: 8.0566 | 17 Open: 8.0043 Close: 8.2185 Mid: 8.1064 | 18 Open: 8.2185 Close: 8.1786 Mid: 8.2033 | 19 Open: 8.1787 Close: 8.1777 Mid: 8.1776 | 20 |
21 | 22 Open: 8.1824 Close: 8.1754 Mid: 8.1847 | 23 Open: 8.1754 Close: 8.1618 Mid: 8.1662 | 24 Open: 8.1617 Close: 8.2051 Mid: 8.1940 | 25 Open: 8.2052 Close: 8.2029 Mid: 8.2120 | 26 Open: 8.2029 Close: 8.2053 Mid: 8.2075 | 27 |
28 | 29 Open: 8.2103 Close: 8.1934 Mid: 8.2013 | 30 Open: 8.1935 Close: 8.2148 Mid: 8.1988 | 31 Open: 8.2148 Close: 8.2220 Mid: 8.2132 |
August - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 8.2220 Close: 8.2972 Mid: 8.2664 | 2 Open: 8.2980 Close: 8.3456 Mid: 8.3193 | 3 | ||||
4 | 5 Open: 8.3404 Close: 8.3615 Mid: 8.3926 | 6 Open: 8.3615 Close: 8.4050 Mid: 8.3702 | 7 Open: 8.4050 Close: 8.3308 Mid: 8.3492 | 8 Open: 8.3309 Close: 8.2797 Mid: 8.3229 | 9 Open: 8.2797 Close: 8.2819 Mid: 8.2870 | 10 |
11 | 12 Open: 8.2858 Close: 8.2926 Mid: 8.2686 | 13 Open: 8.2925 Close: 8.2733 Mid: 8.2826 | 14 Open: 8.2734 Close: 8.2502 Mid: 8.2668 | 15 Open: 8.2510 Close: 8.2209 Mid: 8.2367 | 16 Open: 8.2209 Close: 8.2728 Mid: 8.2561 | 17 |
18 | 19 Open: 8.2767 Close: 8.2907 Mid: 8.2720 | 20 Open: 8.2907 Close: 8.3515 Mid: 8.3278 | 21 Open: 8.3515 Close: 8.3750 Mid: 8.3696 | 22 Open: 8.3750 Close: 8.3833 Mid: 8.3922 | 23 Open: 8.3834 Close: 8.4018 Mid: 8.3925 | 24 |
25 | 26 Open: 8.3968 Close: 8.4051 Mid: 8.4098 | 27 Open: 8.4051 Close: 8.4671 Mid: 8.4224 | 28 Open: 8.4670 Close: 8.4604 Mid: 8.4605 | 29 Open: 8.4604 Close: 8.3789 Mid: 8.4179 | 30 Open: 8.3788 Close: 8.3466 Mid: 8.3495 | 31 |
September - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 8.3469 Close: 8.3575 Mid: 8.3517 | 3 Open: 8.3574 Close: 8.3742 Mid: 8.3671 | 4 Open: 8.3743 Close: 8.4024 Mid: 8.3821 | 5 Open: 8.4024 Close: 8.4033 Mid: 8.3833 | 6 Open: 8.4023 Close: 8.4091 Mid: 8.3981 | 7 |
8 | 9 Open: 8.4068 Close: 8.3758 Mid: 8.4004 | 10 Open: 8.3757 Close: 8.4092 Mid: 8.4006 | 11 Open: 8.4090 Close: 8.3534 Mid: 8.3887 | 12 Open: 8.3543 Close: 8.3628 Mid: 8.3554 | 13 Open: 8.3627 Close: 8.3540 Mid: 8.3778 | 14 |
15 | 16 Open: 8.3684 Close: 8.3967 Mid: 8.3823 | 17 Open: 8.3968 Close: 8.3721 Mid: 8.3867 | 18 Open: 8.3718 Close: 8.3677 Mid: 8.3986 | 19 Open: 8.3676 Close: 8.3368 Mid: 8.3373 | 20 Open: 8.3369 Close: 8.2929 Mid: 8.3112 | 21 |
22 | 23 Open: 8.2923 Close: 8.3199 Mid: 8.3006 | 24 Open: 8.3199 Close: 8.3386 Mid: 8.3105 | 25 Open: 8.3387 Close: 8.2682 Mid: 8.3028 | 26 Open: 8.2683 Close: 8.2841 Mid: 8.2828 | 27 Open: 8.2840 Close: 8.3418 Mid: 8.3124 | 28 |
29 | 30 Open: 8.3277 Close: 8.2998 Mid: 8.3239 |
October - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 8.2999 Close: 8.3041 Mid: 8.3021 | 2 Open: 8.3042 Close: 8.2846 Mid: 8.2990 | 3 Open: 8.2845 Close: 8.2609 Mid: 8.2895 | 4 Open: 8.2609 Close: 8.1791 Mid: 8.2346 | 5 | ||
6 | 7 Open: 8.1702 Close: 8.2161 Mid: 8.1953 | 8 Open: 8.2161 Close: 8.2347 Mid: 8.2366 | 9 Open: 8.2347 Close: 8.2251 Mid: 8.2374 | 10 Open: 8.2251 Close: 8.2689 Mid: 8.2462 | 11 Open: 8.2687 Close: 8.2422 Mid: 8.2505 | 12 |
13 | 14 Open: 8.2404 Close: 8.2178 Mid: 8.2224 | 15 Open: 8.2178 Close: 8.2570 Mid: 8.2415 | 16 Open: 8.2571 Close: 8.2259 Mid: 8.2549 | 17 Open: 8.2259 Close: 8.2259 Mid: 8.2280 | 18 Open: 8.2260 Close: 8.2111 Mid: 8.2074 | 19 |
20 | 21 Open: 8.2094 Close: 8.2186 Mid: 8.2170 | 22 Open: 8.2186 Close: 8.2306 Mid: 8.2298 | 23 Open: 8.2306 Close: 8.2262 Mid: 8.2197 | 24 Open: 8.2262 Close: 8.2209 Mid: 8.2158 | 25 Open: 8.2210 Close: 8.2158 Mid: 8.2224 | 26 |
27 | 28 Open: 8.2061 Close: 8.2347 Mid: 8.2215 | 29 Open: 8.2346 Close: 8.2208 Mid: 8.2273 | 30 Open: 8.2207 Close: 8.2106 Mid: 8.2144 | 31 Open: 8.2106 Close: 8.2424 Mid: 8.2295 |
November - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 8.2434 Close: 8.1876 Mid: 8.2169 | 2 | |||||
3 | 4 Open: 8.2108 Close: 8.2138 Mid: 8.2206 | 5 Open: 8.2147 Close: 8.2288 Mid: 8.2240 | 6 Open: 8.2297 Close: 8.1862 Mid: 8.1991 | 7 Open: 8.1862 Close: 8.1872 Mid: 8.1876 | 8 Open: 8.1880 Close: 8.1968 Mid: 8.2021 | 9 |
10 | 11 Open: 8.2014 Close: 8.1901 Mid: 8.1946 | 12 Open: 8.1902 Close: 8.2044 Mid: 8.1943 | 13 Open: 8.2035 Close: 8.1540 Mid: 8.1767 | 14 Open: 8.1540 Close: 8.1191 Mid: 8.1428 | 15 Open: 8.1201 Close: 8.1389 Mid: 8.1373 | 16 |
17 | 18 Open: 8.1343 Close: 8.1957 Mid: 8.1689 | 19 Open: 8.1947 Close: 8.2050 Mid: 8.2066 | 20 Open: 8.2049 Close: 8.1929 Mid: 8.1884 | 21 Open: 8.1928 Close: 8.1591 Mid: 8.1816 | 22 Open: 8.1591 Close: 8.1012 Mid: 8.1472 | 23 |
24 | 25 Open: 8.1219 Close: 8.1667 Mid: 8.1499 | 26 Open: 8.1665 Close: 8.1801 Mid: 8.1631 | 27 Open: 8.1801 Close: 8.2169 Mid: 8.2083 | 28 Open: 8.2170 Close: 8.2051 Mid: 8.2055 | 29 Open: 8.2051 Close: 8.2193 Mid: 8.2227 | 30 |
December - 2024
Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 8.2286 Close: 8.2027 Mid: 8.2039 | 3 Open: 8.2027 Close: 8.2192 Mid: 8.2223 | 4 Open: 8.2193 Close: 8.2127 Mid: 8.2090 | 5 Open: 8.2135 Close: 8.2623 Mid: 8.2317 | 6 Open: 8.2624 Close: 8.2740 Mid: 8.2752 | 7 |
8 | 9 Open: 8.2714 Close: 8.2616 Mid: 8.2667 | 10 Open: 8.2616 Close: 8.2120 Mid: 8.2308 | 11 Open: 8.2119 Close: 8.2134 Mid: 8.2196 | 12 Open: 8.2135 Close: 8.1451 Mid: 8.1787 | 13 Open: 8.1460 Close: 8.1519 Mid: 8.1498 | 14 |
15 | 16 Open: 8.1448 Close: 8.1436 Mid: 8.1519 | 17 Open: 8.1437 Close: 8.1615 Mid: 8.1386 | 18 Open: 8.1616 Close: 8.0886 Mid: 8.1196 | 19 Open: 8.0885 Close: 8.1185 Mid: 8.1282 | 20 Open: 8.1185 Close: 8.1706 Mid: 8.1636 | 21 |
22 | 23 Open: 8.1719 Close: 8.1216 Mid: 8.1483 | 24 Open: 8.1215 Close: 8.1027 Mid: 8.1100 | 25 Open: 8.1215 Close: 8.1027 Mid: 8.1100 | 26 Open: 8.1027 Close: 8.1108 Mid: 8.1094 | 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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