Best Swiss Franc / Danish Krone Exchange Rate Today: 7.9737
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 7.9498, and the most competitive travel money / cash rates start at approximately 7.9019.
Live rate: 1 CHF = 7.9737 DKK (+0.06% )
Inverted: 1 DKK = 0.1254 CHF
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Comparison Results:
| Provider | Exchange Rate | Fee | You Get | Service | Notes | Action |
Live Market Rate | 7.9737 | 0 | 7.8940 | |||
 | 7.9498 (indicative) | 0 | 7.9498 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 7.9179 (indicative) | 0 | 7.9179 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 7.9737 | 0.39% | 7.9426 | 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. | |
 | 7.9019 | 0 | 7.9019 | 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  | 7.7504 (upper range) | Variable | 7.7504 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 7.6946 (lower range) | Variable | 7.6946 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 7.6149 | 0 | 7.6149 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 8.0246 Close: 8.0246 Mid: 8.0246 | 2 Open: 8.0254 Close: 8.0137 Mid: 8.0120 | 3 Open: 8.0142 Close: 8.0419 Mid: 8.0135 | 4 Open: 8.0415 Close: 8.0135 Mid: 8.0204 | 5 Open: 8.0141 Close: 8.0144 Mid: 8.0166 | 6 | |
7 | 8 Open: 8.0217 Close: 8.0289 Mid: 8.0218 | 9 Open: 8.0305 Close: 8.0041 Mid: 8.0181 | 10 Open: 8.0037 Close: 7.9878 Mid: 7.9955 | 11 Open: 7.9878 Close: 7.9772 Mid: 7.9747 | 12 Open: 7.9772 Close: 7.9875 Mid: 7.9803 | 13 |
14 | 15 Open: 7.9900 Close: 7.9599 Mid: 7.9731 | 16 Open: 7.9588 Close: 7.9595 Mid: 7.9614 | 17 Open: 7.9595 Close: 7.9282 Mid: 7.9410 | 18 Open: 7.9276 Close: 7.8971 Mid: 7.9108 | 19 Open: 7.8962 Close: 7.8840 Mid: 7.8900 | 20 |
21 | 22 Open: 7.8826 Close: 7.8863 Mid: 7.8841 | 23 Open: 7.8858 Close: 7.8943 Mid: 7.8955 | 24 Open: 7.8944 Close: 7.9389 Mid: 7.9191 | 25 Open: 7.9393 Close: 7.9264 Mid: 7.9343 | 26 Open: 7.9270 Close: 7.9498 Mid: 7.9406 | 27 |
28 | 29 Open: 7.9495 Close: 7.9883 Mid: 7.9762 | 30 Open: 7.9889 Close: 7.9753 Mid: 7.9778 | 31 Open: 7.9762 Close: 8.0001 Mid: 7.9925 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 7.9995 Close: 7.9926 Mid: 7.9920 | 2 Open: 7.9936 Close: 7.9707 Mid: 7.9848 | 3 | ||||
4 | 5 Open: 7.9721 Close: 7.9750 Mid: 7.9716 | 6 Open: 7.9739 Close: 7.9753 Mid: 7.9672 | 7 Open: 7.9754 Close: 7.9136 Mid: 7.9503 | 8 Open: 7.9139 Close: 7.9166 Mid: 7.9216 | 9 Open: 7.9156 Close: 7.9020 Mid: 7.9063 | 10 |
11 | 12 Open: 7.9001 Close: 7.9020 Mid: 7.9033 | 13 Open: 7.9015 Close: 7.8456 Mid: 7.8716 | 14 Open: 7.8463 Close: 7.8450 Mid: 7.8476 | 15 Open: 7.8449 Close: 7.8639 Mid: 7.8545 | 16 Open: 7.8646 Close: 7.8512 Mid: 7.8588 | 17 |
18 | 19 Open: 7.8615 Close: 7.8365 Mid: 7.8486 | 20 Open: 7.8366 Close: 7.8206 Mid: 7.8279 | 21 Open: 7.8208 Close: 7.8333 Mid: 7.8293 | 22 Open: 7.8323 Close: 7.8236 Mid: 7.8301 | 23 Open: 7.8247 Close: 7.8174 Mid: 7.8222 | 24 |
25 | 26 Open: 7.8125 Close: 7.8058 Mid: 7.8152 | 27 Open: 7.8059 Close: 7.8228 Mid: 7.8072 | 28 Open: 7.8233 Close: 7.8246 Mid: 7.8222 | 29 Open: 7.8261 Close: 7.7984 Mid: 7.8144 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 7.7988 Close: 7.7864 Mid: 7.7771 | 2 | |||||
3 | 4 Open: 7.7757 Close: 7.7584 Mid: 7.7725 | 5 Open: 7.7584 Close: 7.7720 Mid: 7.7627 | 6 Open: 7.7708 Close: 7.7542 Mid: 7.7517 | 7 Open: 7.7541 Close: 7.7570 Mid: 7.7708 | 8 Open: 7.7570 Close: 7.7629 Mid: 7.7642 | 9 |
10 | 11 Open: 7.7666 Close: 7.7768 Mid: 7.7692 | 12 Open: 7.7769 Close: 7.7786 Mid: 7.7800 | 13 Open: 7.7786 Close: 7.7494 Mid: 7.7651 | 14 Open: 7.7493 Close: 7.7520 Mid: 7.7486 | 15 Open: 7.7520 Close: 7.7500 Mid: 7.7514 | 16 |
17 | 18 Open: 7.7608 Close: 7.7246 Mid: 7.7352 | 19 Open: 7.7246 Close: 7.7282 Mid: 7.7389 | 20 Open: 7.7282 Close: 7.6994 Mid: 7.7081 | 21 Open: 7.6994 Close: 7.6521 Mid: 7.6556 | 22 Open: 7.6521 Close: 7.6899 Mid: 7.6623 | 23 |
24 | 25 Open: 7.6813 Close: 7.6514 Mid: 7.6747 | 26 Open: 7.6513 Close: 7.6177 Mid: 7.6276 | 27 Open: 7.6178 Close: 7.6205 Mid: 7.6129 | 28 Open: 7.6204 Close: 7.6678 Mid: 7.6404 | 29 Open: 7.6677 Close: 7.6648 Mid: 7.6709 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 7.6601 Close: 7.6772 Mid: 7.6694 | 2 Open: 7.6773 Close: 7.6269 Mid: 7.6544 | 3 Open: 7.6268 Close: 7.6235 Mid: 7.6178 | 4 Open: 7.6235 Close: 7.6364 Mid: 7.6094 | 5 Open: 7.6364 Close: 7.6303 Mid: 7.6313 | 6 | |
7 | 8 Open: 7.6369 Close: 7.5860 Mid: 7.6128 | 9 Open: 7.5860 Close: 7.6039 Mid: 7.5971 | 10 Open: 7.6039 Close: 7.6068 Mid: 7.6071 | 11 Open: 7.6068 Close: 7.6420 Mid: 7.6188 | 12 Open: 7.6421 Close: 7.6678 Mid: 7.6795 | 13 |
14 | 15 Open: 7.6915 Close: 7.7027 Mid: 7.6775 | 16 Open: 7.7027 Close: 7.6969 Mid: 7.6920 | 17 Open: 7.6970 Close: 7.6753 Mid: 7.6948 | 18 Open: 7.6753 Close: 7.6832 Mid: 7.6826 | 19 Open: 7.6833 Close: 7.6894 Mid: 7.7172 | 20 |
21 | 22 Open: 7.6986 Close: 7.6789 Mid: 7.6853 | 23 Open: 7.6791 Close: 7.6428 Mid: 7.6568 | 24 Open: 7.6428 Close: 7.6177 Mid: 7.6298 | 25 Open: 7.6177 Close: 7.6189 Mid: 7.6179 | 26 Open: 7.6191 Close: 7.6267 Mid: 7.6285 | 27 |
28 | 29 Open: 7.6301 Close: 7.6415 Mid: 7.6308 | 30 Open: 7.6415 Close: 7.6050 Mid: 7.6186 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 7.6051 Close: 7.6047 Mid: 7.5965 | 2 Open: 7.6048 Close: 7.6360 Mid: 7.6218 | 3 Open: 7.6361 Close: 7.6576 Mid: 7.6492 | 4 | |||
5 | 6 Open: 7.6515 Close: 7.6426 Mid: 7.6522 | 7 Open: 7.6426 Close: 7.6348 Mid: 7.6359 | 8 Open: 7.6348 Close: 7.6420 Mid: 7.6363 | 9 Open: 7.6421 Close: 7.6366 Mid: 7.6409 | 10 Open: 7.6366 Close: 7.6418 Mid: 7.6334 | 11 |
12 | 13 Open: 7.6430 Close: 7.6129 Mid: 7.6257 | 14 Open: 7.6128 Close: 7.6066 Mid: 7.6155 | 15 Open: 7.6067 Close: 7.5981 Mid: 7.6043 | 16 Open: 7.5981 Close: 7.5760 Mid: 7.5959 | 17 Open: 7.5761 Close: 7.5504 Mid: 7.5651 | 18 |
19 | 20 Open: 7.5515 Close: 7.5469 Mid: 7.5471 | 21 Open: 7.5469 Close: 7.5463 Mid: 7.5495 | 22 Open: 7.5463 Close: 7.5293 Mid: 7.5381 | 23 Open: 7.5293 Close: 7.5457 Mid: 7.5381 | 24 Open: 7.5457 Close: 7.5215 Mid: 7.5290 | 25 |
26 | 27 Open: 7.5218 Close: 7.5211 Mid: 7.5210 | 28 Open: 7.5211 Close: 7.5315 Mid: 7.5306 | 29 Open: 7.5315 Close: 7.5634 Mid: 7.5492 | 30 Open: 7.5634 Close: 7.6226 Mid: 7.5879 | 31 Open: 7.6227 Close: 7.6198 Mid: 7.6088 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 7.6128 Close: 7.6363 Mid: 7.6304 | 4 Open: 7.6366 Close: 7.7025 Mid: 7.6686 | 5 Open: 7.7025 Close: 7.6805 Mid: 7.6920 | 6 Open: 7.6805 Close: 7.7037 Mid: 7.6860 | 7 Open: 7.7037 Close: 7.7030 Mid: 7.6977 | 8 |
9 | 10 Open: 7.7163 Close: 7.7284 Mid: 7.7294 | 11 Open: 7.7284 Close: 7.7366 Mid: 7.7383 | 12 Open: 7.7366 Close: 7.7160 Mid: 7.7319 | 13 Open: 7.7160 Close: 7.7725 Mid: 7.7400 | 14 Open: 7.7726 Close: 7.8313 Mid: 7.8128 | 15 |
16 | 17 Open: 7.8211 Close: 7.8127 Mid: 7.8159 | 18 Open: 7.8127 Close: 7.8555 Mid: 7.8335 | 19 Open: 7.8554 Close: 7.8492 Mid: 7.8537 | 20 Open: 7.8493 Close: 7.8186 Mid: 7.8337 | 21 Open: 7.8186 Close: 7.8016 Mid: 7.8176 | 22 |
23 | 24 Open: 7.8119 Close: 7.7822 Mid: 7.7882 | 25 Open: 7.7823 Close: 7.7805 Mid: 7.7889 | 26 Open: 7.7805 Close: 7.7814 Mid: 7.7792 | 27 Open: 7.7824 Close: 7.7530 Mid: 7.7689 | 28 Open: 7.7530 Close: 7.7456 Mid: 7.7450 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 7.7430 Close: 7.6931 Mid: 7.7159 | 2 Open: 7.6931 Close: 7.6798 Mid: 7.6893 | 3 Open: 7.6798 Close: 7.6687 Mid: 7.6715 | 4 Open: 7.6679 Close: 7.6643 Mid: 7.6619 | 5 Open: 7.6641 Close: 7.6825 Mid: 7.6677 | 6 | |
7 | 8 Open: 7.6998 Close: 7.6780 Mid: 7.6868 | 9 Open: 7.6766 Close: 7.6841 Mid: 7.6802 | 10 Open: 7.6841 Close: 7.6564 Mid: 7.6729 | 11 Open: 7.6564 Close: 7.6568 Mid: 7.6660 | 12 Open: 7.6568 Close: 7.6481 Mid: 7.6555 | 13 |
14 | 15 Open: 7.6637 Close: 7.6456 Mid: 7.6474 | 16 Open: 7.6458 Close: 7.6584 Mid: 7.6479 | 17 Open: 7.6584 Close: 7.7191 Mid: 7.6932 | 18 Open: 7.7190 Close: 7.7131 Mid: 7.7214 | 19 Open: 7.7131 Close: 7.7133 Mid: 7.7122 | 20 |
21 | 22 Open: 7.7153 Close: 7.7017 Mid: 7.7140 | 23 Open: 7.7017 Close: 7.7133 Mid: 7.7110 | 24 Open: 7.7132 Close: 7.7771 Mid: 7.7480 | 25 Open: 7.7771 Close: 7.8049 Mid: 7.8016 | 26 Open: 7.8049 Close: 7.7788 Mid: 7.7921 | 27 |
28 | 29 Open: 7.7781 Close: 7.7819 Mid: 7.7804 | 30 Open: 7.7819 Close: 7.8176 Mid: 7.7955 | 31 Open: 7.8176 Close: 7.8508 Mid: 7.8259 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 7.8508 Close: 7.9204 Mid: 7.8874 | 2 Open: 7.9203 Close: 7.9724 Mid: 7.9429 | 3 | ||||
4 | 5 Open: 7.9548 Close: 7.9924 Mid: 8.0089 | 6 Open: 7.9924 Close: 8.0164 Mid: 7.9931 | 7 Open: 8.0163 Close: 7.9285 Mid: 7.9566 | 8 Open: 7.9286 Close: 7.8851 Mid: 7.9290 | 9 Open: 7.8851 Close: 7.9006 Mid: 7.8973 | 10 |
11 | 12 Open: 7.9072 Close: 7.8906 Mid: 7.8763 | 13 Open: 7.8905 Close: 7.8482 Mid: 7.8744 | 14 Open: 7.8482 Close: 7.8312 Mid: 7.8448 | 15 Open: 7.8311 Close: 7.7929 Mid: 7.8119 | 16 Open: 7.7929 Close: 7.8117 Mid: 7.8146 | 17 |
18 | 19 Open: 7.8148 Close: 7.8017 Mid: 7.8137 | 20 Open: 7.8018 Close: 7.8511 Mid: 7.8328 | 21 Open: 7.8510 Close: 7.8584 Mid: 7.8592 | 22 Open: 7.8593 Close: 7.8796 Mid: 7.8793 | 23 Open: 7.8787 Close: 7.8627 Mid: 7.8744 | 24 |
25 | 26 Open: 7.8621 Close: 7.8896 Mid: 7.8853 | 27 Open: 7.8896 Close: 7.9267 Mid: 7.8969 | 28 Open: 7.9258 Close: 7.9644 Mid: 7.9552 | 29 Open: 7.9644 Close: 7.9469 Mid: 7.9568 | 30 Open: 7.9468 Close: 7.9433 Mid: 7.9351 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 7.9454 Close: 7.9100 Mid: 7.9228 | 3 Open: 7.9100 Close: 7.9438 Mid: 7.9354 | 4 Open: 7.9439 Close: 7.9522 Mid: 7.9447 | 5 Open: 7.9523 Close: 7.9574 Mid: 7.9444 | 6 Open: 7.9565 Close: 7.9846 Mid: 7.9696 | 7 |
8 | 9 Open: 7.9822 Close: 7.9615 Mid: 7.9699 | 10 Open: 7.9614 Close: 7.9957 Mid: 7.9806 | 11 Open: 7.9956 Close: 7.9513 Mid: 7.9806 | 12 Open: 7.9513 Close: 7.9170 Mid: 7.9326 | 13 Open: 7.9169 Close: 7.9341 Mid: 7.9384 | 14 |
15 | 16 Open: 7.9459 Close: 7.9345 Mid: 7.9409 | 17 Open: 7.9337 Close: 7.9254 Mid: 7.9291 | 18 Open: 7.9252 Close: 7.9286 Mid: 7.9364 | 19 Open: 7.9285 Close: 7.8822 Mid: 7.9049 | 20 Open: 7.8823 Close: 7.8594 Mid: 7.8736 | 21 |
22 | 23 Open: 7.8579 Close: 7.9204 Mid: 7.8935 | 24 Open: 7.9204 Close: 7.9099 Mid: 7.9060 | 25 Open: 7.9099 Close: 7.8781 Mid: 7.8838 | 26 Open: 7.8782 Close: 7.8841 Mid: 7.8871 | 27 Open: 7.8841 Close: 7.9459 Mid: 7.9168 | 28 |
29 | 30 Open: 7.9343 Close: 7.9170 Mid: 7.9243 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 7.9170 Close: 7.9601 Mid: 7.9456 | 2 Open: 7.9601 Close: 7.9475 Mid: 7.9586 | 3 Open: 7.9474 Close: 7.9294 Mid: 7.9472 | 4 Open: 7.9294 Close: 7.9145 Mid: 7.9307 | 5 | ||
6 | 7 Open: 7.9161 Close: 7.9513 Mid: 7.9341 | 8 Open: 7.9513 Close: 7.9223 Mid: 7.9376 | 9 Open: 7.9223 Close: 7.9203 Mid: 7.9305 | 10 Open: 7.9203 Close: 7.9675 Mid: 7.9497 | 11 Open: 7.9673 Close: 7.9565 Mid: 7.9550 | 12 |
13 | 14 Open: 7.9593 Close: 7.9293 Mid: 7.9424 | 15 Open: 7.9293 Close: 7.9465 Mid: 7.9381 | 16 Open: 7.9457 Close: 7.9360 Mid: 7.9488 | 17 Open: 7.9359 Close: 7.9517 Mid: 7.9459 | 18 Open: 7.9518 Close: 7.9373 Mid: 7.9426 | 19 |
20 | 21 Open: 7.9391 Close: 7.9598 Mid: 7.9476 | 22 Open: 7.9598 Close: 7.9796 Mid: 7.9686 | 23 Open: 7.9797 Close: 7.9842 Mid: 7.9784 | 24 Open: 7.9841 Close: 7.9574 Mid: 7.9786 | 25 Open: 7.9576 Close: 7.9737 Mid: 7.9599 | 26 |
27 | 28 Open: 7.9609 Close: 7.9710 Mid: 7.9627 | 29 Open: 7.9709 Close: 7.9515 Mid: 7.9652 | 30 Open: 7.9514 Close: 7.9285 Mid: 7.9378 | 31 Open: 7.9284 Close: 7.9363 Mid: 7.9424 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 7.9364 Close: 7.9154 Mid: 7.9170 | 2 | |||||
3 | 4 Open: 7.9040 Close: 7.9334 Mid: 7.9182 | 5 Open: 7.9334 Close: 7.9046 Mid: 7.9238 | 6 Open: 7.9046 Close: 7.9293 Mid: 7.9292 | 7 Open: 7.9294 Close: 7.9136 Mid: 7.9185 | 8 Open: 7.9135 Close: 7.9440 Mid: 7.9386 | 9 |
10 | 11 Open: 7.9562 Close: 7.9458 Mid: 7.9557 | 12 Open: 7.9458 Close: 7.9642 Mid: 7.9569 | 13 Open: 7.9642 Close: 7.9684 Mid: 7.9681 | 14 Open: 7.9684 Close: 7.9559 Mid: 7.9644 | 15 Open: 7.9561 Close: 7.9685 Mid: 7.9646 | 16 |
17 | 18 Open: 7.9739 Close: 7.9697 Mid: 7.9698 | 19 Open: 7.9697 Close: 7.9780 Mid: 7.9962 | 20 Open: 7.9779 Close: 8.0016 Mid: 7.9833 | 21 Open: 8.0015 Close: 8.0301 Mid: 8.0173 | 22 Open: 8.0301 Close: 8.0048 Mid: 8.0446 | 23 |
24 | 25 Open: 7.9846 Close: 8.0185 Mid: 8.0050 | 26 Open: 8.0184 Close: 8.0213 Mid: 8.0199 | 27 Open: 8.0213 Close: 8.0032 Mid: 8.0156 | 28 Open: 8.0033 Close: 8.0016 Mid: 8.0035 | 29 Open: 8.0016 Close: 8.0019 Mid: 8.0101 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 8.0083 Close: 8.0146 Mid: 8.0120 | 3 Open: 8.0146 Close: 8.0056 Mid: 8.0101 | 4 Open: 8.0066 Close: 8.0231 Mid: 8.0140 | 5 Open: 8.0230 Close: 8.0179 Mid: 8.0131 | 6 Open: 8.0180 Close: 8.0302 Mid: 8.0336 | 7 |
8 | 9 Open: 8.0329 Close: 8.0412 Mid: 8.0295 | 10 Open: 8.0411 Close: 8.0231 Mid: 8.0354 | 11 Open: 8.0230 Close: 8.0352 Mid: 8.0354 | 12 Open: 8.0352 Close: 7.9842 Mid: 7.9979 | 13 Open: 7.9842 Close: 7.9531 Mid: 7.9708 | 14 |
15 | 16 Open: 7.9558 Close: 7.9329 Mid: 7.9520 | 17 Open: 7.9331 Close: 7.9650 Mid: 7.9348 | 18 Open: 7.9650 Close: 7.9986 Mid: 7.9659 | 19 Open: 7.9985 Close: 8.0090 Mid: 7.9995 | 20 Open: 8.0090 Close: 8.0084 Mid: 8.0228 | 21 |
22 | 23 Open: 8.0061 Close: 7.9769 Mid: 7.9970 | 24 Open: 7.9768 Close: 7.9690 Mid: 7.9744 | 25 Open: 7.9768 Close: 7.9690 Mid: 7.9744 | 26 Open: 7.9690 Close: 7.9753 Mid: 7.9738 | 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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