Best Swiss Franc / East Caribbean Dollar Exchange Rate Today: 3.0025
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 2.9935, and the most competitive travel money / cash rates start at approximately 2.9755.
Live rate: 1 CHF = 3.0025 XCD (+0.0366% )
Inverted: 1 XCD = 0.3331 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 | 3.0025 | 0 | 2.9725 | |||
 | 2.9935 (indicative) | 0 | 2.9935 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 2.9815 (indicative) | 0 | 2.9815 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 3.0025 | 0.91% | 2.9752 | 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. | |
 | 2.9755 | 0 | 2.9755 | 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  | 2.9184 (upper range) | Variable | 2.9184 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 2.8974 (lower range) | Variable | 2.8974 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 2.8674 | 0 | 2.8674 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.2109 Close: 3.2109 Mid: 3.2109 | 2 Open: 3.2113 Close: 3.1784 Mid: 3.1920 | 3 Open: 3.1786 Close: 3.1825 Mid: 3.1749 | 4 Open: 3.1826 Close: 3.1793 Mid: 3.1812 | 5 Open: 3.1784 Close: 3.1776 Mid: 3.1803 | 6 | |
7 | 8 Open: 3.1830 Close: 3.1860 Mid: 3.1817 | 9 Open: 3.1870 Close: 3.1703 Mid: 3.1795 | 10 Open: 3.1706 Close: 3.1761 Mid: 3.1714 | 11 Open: 3.1763 Close: 3.1725 Mid: 3.1683 | 12 Open: 3.1725 Close: 3.1693 Mid: 3.1705 | 13 |
14 | 15 Open: 3.1734 Close: 3.1582 Mid: 3.1652 | 16 Open: 3.1580 Close: 3.1368 Mid: 3.1470 | 17 Open: 3.1363 Close: 3.1261 Mid: 3.1267 | 18 Open: 3.1269 Close: 3.1131 Mid: 3.1174 | 19 Open: 3.1132 Close: 3.1132 Mid: 3.1115 | 20 |
21 | 22 Open: 3.1121 Close: 3.1096 Mid: 3.1119 | 23 Open: 3.1095 Close: 3.1054 Mid: 3.1086 | 24 Open: 3.1056 Close: 3.1313 Mid: 3.1228 | 25 Open: 3.1317 Close: 3.1169 Mid: 3.1235 | 26 Open: 3.1174 Close: 3.1273 Mid: 3.1248 | 27 |
28 | 29 Open: 3.1256 Close: 3.1377 Mid: 3.1306 | 30 Open: 3.1379 Close: 3.1355 Mid: 3.1345 | 31 Open: 3.1360 Close: 3.1369 Mid: 3.1419 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.1367 Close: 3.1504 Mid: 3.1400 | 2 Open: 3.1507 Close: 3.1182 Mid: 3.1357 | 3 | ||||
4 | 5 Open: 3.1172 Close: 3.1037 Mid: 3.1075 | 6 Open: 3.1040 Close: 3.1072 Mid: 3.1028 | 7 Open: 3.1073 Close: 3.0896 Mid: 3.0999 | 8 Open: 3.0897 Close: 3.0932 Mid: 3.0907 | 9 Open: 3.0932 Close: 3.0898 Mid: 3.0894 | 10 |
11 | 12 Open: 3.0890 Close: 3.0861 Mid: 3.0888 | 13 Open: 3.0860 Close: 3.0462 Mid: 3.0698 | 14 Open: 3.0462 Close: 3.0509 Mid: 3.0491 | 15 Open: 3.0507 Close: 3.0711 Mid: 3.0620 | 16 Open: 3.0711 Close: 3.0676 Mid: 3.0675 | 17 |
18 | 19 Open: 3.0716 Close: 3.0633 Mid: 3.0665 | 20 Open: 3.0632 Close: 3.0638 Mid: 3.0668 | 21 Open: 3.0642 Close: 3.0722 Mid: 3.0681 | 22 Open: 3.0720 Close: 3.0699 Mid: 3.0762 | 23 Open: 3.0703 Close: 3.0667 Mid: 3.0699 | 24 |
25 | 26 Open: 3.0681 Close: 3.0706 Mid: 3.0701 | 27 Open: 3.0708 Close: 3.0760 Mid: 3.0712 | 28 Open: 3.0762 Close: 3.0749 Mid: 3.0713 | 29 Open: 3.0752 Close: 3.0550 Mid: 3.0670 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.0551 Close: 3.0602 Mid: 3.0515 | 2 | |||||
3 | 4 Open: 3.0557 Close: 3.0536 Mid: 3.0577 | 5 Open: 3.0537 Close: 3.0594 Mid: 3.0559 | 6 Open: 3.0590 Close: 3.0636 Mid: 3.0583 | 7 Open: 3.0635 Close: 3.0793 Mid: 3.0730 | 8 Open: 3.0794 Close: 3.0783 Mid: 3.0826 | 9 |
10 | 11 Open: 3.0809 Close: 3.0797 Mid: 3.0793 | 12 Open: 3.0797 Close: 3.0809 Mid: 3.0793 | 13 Open: 3.0808 Close: 3.0750 Mid: 3.0782 | 14 Open: 3.0749 Close: 3.0579 Mid: 3.0667 | 15 Open: 3.0578 Close: 3.0588 Mid: 3.0580 | 16 |
17 | 18 Open: 3.0599 Close: 3.0435 Mid: 3.0523 | 19 Open: 3.0436 Close: 3.0429 Mid: 3.0438 | 20 Open: 3.0429 Close: 3.0475 Mid: 3.0406 | 21 Open: 3.0475 Close: 3.0107 Mid: 3.0208 | 22 Open: 3.0107 Close: 3.0116 Mid: 3.0098 | 23 |
24 | 25 Open: 3.0084 Close: 3.0048 Mid: 3.0099 | 26 Open: 3.0048 Close: 2.9894 Mid: 2.9986 | 27 Open: 2.9895 Close: 2.9905 Mid: 2.9864 | 28 Open: 2.9904 Close: 2.9970 Mid: 2.9896 | 29 Open: 2.9970 Close: 2.9971 Mid: 2.9978 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.9944 Close: 2.9884 Mid: 2.9921 | 2 Open: 2.9884 Close: 2.9765 Mid: 2.9812 | 3 Open: 2.9765 Close: 2.9931 Mid: 2.9829 | 4 Open: 2.9931 Close: 2.9983 Mid: 2.9913 | 5 Open: 2.9982 Close: 2.9961 Mid: 2.9923 | 6 | |
7 | 8 Open: 2.9989 Close: 2.9847 Mid: 2.9909 | 9 Open: 2.9847 Close: 2.9912 Mid: 2.9915 | 10 Open: 2.9912 Close: 2.9605 Mid: 2.9752 | 11 Open: 2.9604 Close: 2.9698 Mid: 2.9625 | 12 Open: 2.9699 Close: 2.9555 Mid: 2.9684 | 13 |
14 | 15 Open: 2.9629 Close: 2.9645 Mid: 2.9610 | 16 Open: 2.9645 Close: 2.9601 Mid: 2.9600 | 17 Open: 2.9602 Close: 2.9674 Mid: 2.9651 | 18 Open: 2.9674 Close: 2.9620 Mid: 2.9680 | 19 Open: 2.9621 Close: 2.9683 Mid: 2.9796 | 20 |
21 | 22 Open: 2.9703 Close: 2.9637 Mid: 2.9648 | 23 Open: 2.9638 Close: 2.9635 Mid: 2.9637 | 24 Open: 2.9635 Close: 2.9530 Mid: 2.9565 | 25 Open: 2.9530 Close: 2.9623 Mid: 2.9572 | 26 Open: 2.9625 Close: 2.9551 Mid: 2.9600 | 27 |
28 | 29 Open: 2.9936 Close: 2.9681 Mid: 2.9706 | 30 Open: 2.9682 Close: 2.9393 Mid: 2.9545 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.9393 Close: 2.9518 Mid: 2.9419 | 2 Open: 2.9518 Close: 2.9681 Mid: 2.9556 | 3 Open: 2.9680 Close: 2.9867 Mid: 2.9845 | 4 | |||
5 | 6 Open: 2.9824 Close: 2.9820 Mid: 2.9857 | 7 Open: 2.9821 Close: 2.9751 Mid: 2.9773 | 8 Open: 2.9751 Close: 2.9761 Mid: 2.9744 | 9 Open: 2.9762 Close: 2.9830 Mid: 2.9758 | 10 Open: 2.9829 Close: 2.9815 Mid: 2.9796 | 11 |
12 | 13 Open: 2.9823 Close: 2.9755 Mid: 2.9795 | 14 Open: 2.9754 Close: 2.9810 Mid: 2.9791 | 15 Open: 2.9810 Close: 2.9954 Mid: 2.9888 | 16 Open: 2.9954 Close: 2.9824 Mid: 2.9921 | 17 Open: 2.9824 Close: 2.9725 Mid: 2.9765 | 18 |
19 | 20 Open: 2.9719 Close: 2.9679 Mid: 2.9716 | 21 Open: 2.9679 Close: 2.9665 Mid: 2.9690 | 22 Open: 2.9666 Close: 2.9514 Mid: 2.9626 | 23 Open: 2.9514 Close: 2.9554 Mid: 2.9557 | 24 Open: 2.9553 Close: 2.9545 Mid: 2.9554 | 25 |
26 | 27 Open: 2.9562 Close: 2.9578 Mid: 2.9564 | 28 Open: 2.9578 Close: 2.9617 Mid: 2.9647 | 29 Open: 2.9618 Close: 2.9596 Mid: 2.9602 | 30 Open: 2.9596 Close: 2.9917 Mid: 2.9742 | 31 Open: 2.9918 Close: 2.9952 Mid: 2.9908 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 2.9916 Close: 3.0169 Mid: 3.0048 | 4 Open: 3.0171 Close: 3.0358 Mid: 3.0246 | 5 Open: 3.0359 Close: 3.0251 Mid: 3.0305 | 6 Open: 3.0250 Close: 3.0390 Mid: 3.0313 | 7 Open: 3.0390 Close: 3.0149 Mid: 3.0268 | 8 |
9 | 10 Open: 3.0173 Close: 3.0144 Mid: 3.0138 | 11 Open: 3.0144 Close: 3.0104 Mid: 3.0140 | 12 Open: 3.0104 Close: 3.0216 Mid: 3.0234 | 13 Open: 3.0217 Close: 3.0236 Mid: 3.0206 | 14 Open: 3.0236 Close: 3.0362 Mid: 3.0289 | 15 |
16 | 17 Open: 3.0314 Close: 3.0383 Mid: 3.0341 | 18 Open: 3.0383 Close: 3.0565 Mid: 3.0456 | 19 Open: 3.0565 Close: 3.0554 Mid: 3.0553 | 20 Open: 3.0555 Close: 3.0321 Mid: 3.0429 | 21 Open: 3.0321 Close: 3.0223 Mid: 3.0287 | 22 |
23 | 24 Open: 3.0244 Close: 3.0267 Mid: 3.0246 | 25 Open: 3.0267 Close: 3.0204 Mid: 3.0248 | 26 Open: 3.0204 Close: 3.0112 Mid: 3.0130 | 27 Open: 3.0114 Close: 3.0071 Mid: 3.0117 | 28 Open: 3.0071 Close: 3.0070 Mid: 3.0046 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.0112 Close: 2.9936 Mid: 3.0037 | 2 Open: 2.9936 Close: 2.9899 Mid: 2.9898 | 3 Open: 2.9898 Close: 2.9976 Mid: 2.9954 | 4 Open: 2.9977 Close: 3.0027 Mid: 2.9978 | 5 Open: 3.0026 Close: 3.0174 Mid: 3.0067 | 6 | |
7 | 8 Open: 3.0151 Close: 3.0110 Mid: 3.0168 | 9 Open: 3.0110 Close: 3.0106 Mid: 3.0100 | 10 Open: 3.0106 Close: 3.0039 Mid: 3.0080 | 11 Open: 3.0039 Close: 3.0141 Mid: 3.0155 | 12 Open: 3.0141 Close: 3.0212 Mid: 3.0182 | 13 |
14 | 15 Open: 3.0207 Close: 3.0172 Mid: 3.0195 | 16 Open: 3.0172 Close: 3.0244 Mid: 3.0175 | 17 Open: 3.0244 Close: 3.0592 Mid: 3.0436 | 18 Open: 3.0592 Close: 3.0444 Mid: 3.0536 | 19 Open: 3.0443 Close: 3.0399 Mid: 3.0418 | 20 |
21 | 22 Open: 3.0427 Close: 3.0374 Mid: 3.0413 | 23 Open: 3.0375 Close: 3.0319 Mid: 3.0339 | 24 Open: 3.0318 Close: 3.0530 Mid: 3.0441 | 25 Open: 3.0532 Close: 3.0654 Mid: 3.0630 | 26 Open: 3.0654 Close: 3.0586 Mid: 3.0632 | 27 |
28 | 29 Open: 3.0604 Close: 3.0498 Mid: 3.0543 | 30 Open: 3.0499 Close: 3.0617 Mid: 3.0538 | 31 Open: 3.0617 Close: 3.0780 Mid: 3.0693 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.0780 Close: 3.0952 Mid: 3.0870 | 2 Open: 3.0953 Close: 3.1504 Mid: 3.1237 | 3 | ||||
4 | 5 Open: 3.1484 Close: 3.1698 Mid: 3.1751 | 6 Open: 3.1697 Close: 3.1737 Mid: 3.1672 | 7 Open: 3.1737 Close: 3.1353 Mid: 3.1475 | 8 Open: 3.1353 Close: 3.1183 Mid: 3.1360 | 9 Open: 3.1183 Close: 3.1232 Mid: 3.1234 | 10 |
11 | 12 Open: 3.1248 Close: 3.1235 Mid: 3.1160 | 13 Open: 3.1235 Close: 3.1254 Mid: 3.1244 | 14 Open: 3.1254 Close: 3.1237 Mid: 3.1264 | 15 Open: 3.1237 Close: 3.0967 Mid: 3.1103 | 16 Open: 3.0968 Close: 3.1202 Mid: 3.1122 | 17 |
18 | 19 Open: 3.1217 Close: 3.1324 Mid: 3.1267 | 20 Open: 3.1324 Close: 3.1645 Mid: 3.1464 | 21 Open: 3.1645 Close: 3.1732 Mid: 3.1709 | 22 Open: 3.1732 Close: 3.1710 Mid: 3.1780 | 23 Open: 3.1710 Close: 3.1875 Mid: 3.1786 | 24 |
25 | 26 Open: 3.1858 Close: 3.1895 Mid: 3.1909 | 27 Open: 3.1896 Close: 3.2117 Mid: 3.1963 | 28 Open: 3.2117 Close: 3.2086 Mid: 3.2091 | 29 Open: 3.2087 Close: 3.1898 Mid: 3.2004 | 30 Open: 3.1897 Close: 3.1802 Mid: 3.1828 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 3.1802 Close: 3.1734 Mid: 3.1758 | 3 Open: 3.1734 Close: 3.1779 Mid: 3.1759 | 4 Open: 3.1779 Close: 3.1925 Mid: 3.1850 | 5 Open: 3.1925 Close: 3.2019 Mid: 3.1922 | 6 Open: 3.2019 Close: 3.2058 Mid: 3.2029 | 7 |
8 | 9 Open: 3.2051 Close: 3.1821 Mid: 3.1932 | 10 Open: 3.1819 Close: 3.1912 Mid: 3.1888 | 11 Open: 3.1912 Close: 3.1710 Mid: 3.1867 | 12 Open: 3.1711 Close: 3.1754 Mid: 3.1732 | 13 Open: 3.1754 Close: 3.1828 Mid: 3.1872 | 14 |
15 | 16 Open: 3.1883 Close: 3.1991 Mid: 3.1936 | 17 Open: 3.1991 Close: 3.1897 Mid: 3.1952 | 18 Open: 3.1896 Close: 3.1931 Mid: 3.2018 | 19 Open: 3.1930 Close: 3.1877 Mid: 3.1859 | 20 Open: 3.1876 Close: 3.1781 Mid: 3.1852 | 21 |
22 | 23 Open: 3.1796 Close: 3.1885 Mid: 3.1797 | 24 Open: 3.1885 Close: 3.2051 Mid: 3.1921 | 25 Open: 3.2051 Close: 3.1773 Mid: 3.1909 | 26 Open: 3.1774 Close: 3.1933 Mid: 3.1885 | 27 Open: 3.1934 Close: 3.2151 Mid: 3.2037 | 28 |
29 | 30 Open: 3.2099 Close: 3.1960 Mid: 3.2065 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.1960 Close: 3.1919 Mid: 3.1931 | 2 Open: 3.1921 Close: 3.1810 Mid: 3.1891 | 3 Open: 3.1809 Close: 3.1688 Mid: 3.1811 | 4 Open: 3.1688 Close: 3.1496 Mid: 3.1616 | 5 | ||
6 | 7 Open: 3.1465 Close: 3.1631 Mid: 3.1555 | 8 Open: 3.1631 Close: 3.1524 Mid: 3.1587 | 9 Open: 3.1523 Close: 3.1388 Mid: 3.1498 | 10 Open: 3.1389 Close: 3.1564 Mid: 3.1487 | 11 Open: 3.1564 Close: 3.1523 Mid: 3.1520 | 12 |
13 | 14 Open: 3.1516 Close: 3.1332 Mid: 3.1397 | 15 Open: 3.1332 Close: 3.1342 Mid: 3.1340 | 16 Open: 3.1343 Close: 3.1224 Mid: 3.1334 | 17 Open: 3.1225 Close: 3.1208 Mid: 3.1220 | 18 Open: 3.1207 Close: 3.1248 Mid: 3.1198 | 19 |
20 | 21 Open: 3.1242 Close: 3.1195 Mid: 3.1229 | 22 Open: 3.1196 Close: 3.1228 Mid: 3.1233 | 23 Open: 3.1227 Close: 3.1197 Mid: 3.1167 | 24 Open: 3.1197 Close: 3.1208 Mid: 3.1188 | 25 Open: 3.1208 Close: 3.1177 Mid: 3.1200 | 26 |
27 | 28 Open: 3.1149 Close: 3.1230 Mid: 3.1172 | 29 Open: 3.1230 Close: 3.1154 Mid: 3.1182 | 30 Open: 3.1154 Close: 3.1186 Mid: 3.1152 | 31 Open: 3.1186 Close: 3.1295 Mid: 3.1243 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 3.1296 Close: 3.1066 Mid: 3.1183 | 2 | |||||
3 | 4 Open: 3.1155 Close: 3.1270 Mid: 3.1261 | 5 Open: 3.1271 Close: 3.1300 Mid: 3.1295 | 6 Open: 3.1300 Close: 3.0833 Mid: 3.1057 | 7 Open: 3.0832 Close: 3.0976 Mid: 3.0905 | 8 Open: 3.0977 Close: 3.0857 Mid: 3.0930 | 9 |
10 | 11 Open: 3.0885 Close: 3.0680 Mid: 3.0780 | 12 Open: 3.0681 Close: 3.0656 Mid: 3.0647 | 13 Open: 3.0655 Close: 3.0503 Mid: 3.0592 | 14 Open: 3.0502 Close: 3.0348 Mid: 3.0409 | 15 Open: 3.0350 Close: 3.0414 Mid: 3.0418 | 16 |
17 | 18 Open: 3.0395 Close: 3.0604 Mid: 3.0515 | 19 Open: 3.0604 Close: 3.0630 Mid: 3.0631 | 20 Open: 3.0628 Close: 3.0560 Mid: 3.0552 | 21 Open: 3.0560 Close: 3.0476 Mid: 3.0537 | 22 Open: 3.0476 Close: 3.0226 Mid: 3.0385 | 23 |
24 | 25 Open: 3.0306 Close: 3.0486 Mid: 3.0409 | 26 Open: 3.0486 Close: 3.0482 Mid: 3.0473 | 27 Open: 3.0483 Close: 3.0643 Mid: 3.0600 | 28 Open: 3.0643 Close: 3.0608 Mid: 3.0595 | 29 Open: 3.0608 Close: 3.0675 Mid: 3.0683 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 3.0708 Close: 3.0485 Mid: 3.0516 | 3 Open: 3.0485 Close: 3.0489 Mid: 3.0519 | 4 Open: 3.0490 Close: 3.0555 Mid: 3.0521 | 5 Open: 3.0555 Close: 3.0758 Mid: 3.0633 | 6 Open: 3.0757 Close: 3.0755 Mid: 3.0793 | 7 |
8 | 9 Open: 3.0746 Close: 3.0751 Mid: 3.0741 | 10 Open: 3.0751 Close: 3.0610 Mid: 3.0677 | 11 Open: 3.0610 Close: 3.0562 Mid: 3.0588 | 12 Open: 3.0562 Close: 3.0283 Mid: 3.0425 | 13 Open: 3.0284 Close: 3.0278 Mid: 3.0284 | 14 |
15 | 16 Open: 3.0254 Close: 3.0216 Mid: 3.0261 | 17 Open: 3.0216 Close: 3.0277 Mid: 3.0192 | 18 Open: 3.0276 Close: 2.9997 Mid: 3.0116 | 19 Open: 2.9997 Close: 3.0068 Mid: 3.0105 | 20 Open: 3.0069 Close: 3.0264 Mid: 3.0231 | 21 |
22 | 23 Open: 3.0269 Close: 3.0075 Mid: 3.0175 | 24 Open: 3.0074 Close: 3.0014 Mid: 3.0042 | 25 Open: 3.0074 Close: 3.0014 Mid: 3.0042 | 26 Open: 3.0015 Close: 3.0037 Mid: 3.0034 | 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.
Pound Sterling Live's Latest News
Pound to Canadian Dollar Week Ahead Forecast: Lost Momentum
December 23, 2024
Pound to Australian Dollar Week Ahead: Staying Constructive
December 23, 2024
Euro to Dollar Near-term Forecast: Staying Heavy, 1.0340 Eyed
December 23, 2024
Pound to Dollar Rate Weekly Outlook: Staying Pressured
December 23, 2024