Best Swiss Franc / Fiji Dollar Exchange Rate Today: 2.5789
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 2.5712, and the most competitive travel money / cash rates start at approximately 2.5557.
Live rate: 1 CHF = 2.5789 FJD (+0.0621% )
Inverted: 1 FJD = 0.3878 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 | 2.5789 | 0 | 2.5531 | |||
 | 2.5712 (indicative) | 0 | 2.5712 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 2.5608 (indicative) | 0 | 2.5608 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 2.5789 | 3.29% | 2.4941 | 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. | |
 | 2.5557 | 0 | 2.5557 | 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  | 2.5067 (upper range) | Variable | 2.5067 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 2.4886 (lower range) | Variable | 2.4886 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 2.4628 | 0 | 2.4628 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.5946 Close: 2.6096 Mid: 2.6095 | 2 Open: 2.6110 Close: 2.6069 Mid: 2.6047 | 3 Open: 2.6357 Close: 2.6296 Mid: 2.6279 | 4 Open: 2.6299 Close: 2.6050 Mid: 2.6140 | 5 Open: 2.6043 Close: 2.6006 Mid: 2.6109 | 6 | |
7 | 8 Open: 2.6063 Close: 2.6350 Mid: 2.6218 | 9 Open: 2.6358 Close: 2.6267 Mid: 2.6331 | 10 Open: 2.6268 Close: 2.6329 Mid: 2.6293 | 11 Open: 2.6329 Close: 2.6305 Mid: 2.6298 | 12 Open: 2.6304 Close: 2.6382 Mid: 2.6345 | 13 |
14 | 15 Open: 2.6387 Close: 2.5958 Mid: 2.6166 | 16 Open: 2.5956 Close: 2.5942 Mid: 2.6006 | 17 Open: 2.5940 Close: 2.5919 Mid: 2.5917 | 18 Open: 2.5921 Close: 2.5783 Mid: 2.5843 | 19 Open: 2.5784 Close: 2.5734 Mid: 2.5770 | 20 |
21 | 22 Open: 2.5743 Close: 2.6091 Mid: 2.5908 | 23 Open: 2.6088 Close: 2.5852 Mid: 2.5979 | 24 Open: 2.6451 Close: 2.6291 Mid: 2.6363 | 25 Open: 2.6278 Close: 2.5809 Mid: 2.6035 | 26 Open: 2.5812 Close: 2.5936 Mid: 2.5875 | 27 |
28 | 29 Open: 2.5927 Close: 2.6067 Mid: 2.5975 | 30 Open: 2.6079 Close: 2.5942 Mid: 2.6103 | 31 Open: 2.5931 Close: 2.5998 Mid: 2.6031 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.5995 Close: 2.6062 Mid: 2.6038 | 2 Open: 2.6065 Close: 2.5965 Mid: 2.6024 | 3 | ||||
4 | 5 Open: 2.5957 Close: 2.5885 Mid: 2.5908 | 6 Open: 2.5889 Close: 2.5838 Mid: 2.5830 | 7 Open: 2.5837 Close: 2.5669 Mid: 2.5748 | 8 Open: 2.5670 Close: 2.5751 Mid: 2.5733 | 9 Open: 2.5751 Close: 2.5640 Mid: 2.5680 | 10 |
11 | 12 Open: 2.5626 Close: 2.5620 Mid: 2.5633 | 13 Open: 2.5621 Close: 2.5454 Mid: 2.5546 | 14 Open: 2.5455 Close: 2.5422 Mid: 2.5457 | 15 Open: 2.5421 Close: 2.5511 Mid: 2.5479 | 16 Open: 2.5512 Close: 2.5470 Mid: 2.5504 | 17 |
18 | 19 Open: 2.5497 Close: 2.5682 Mid: 2.5574 | 20 Open: 2.5720 Close: 2.5680 Mid: 2.5704 | 21 Open: 2.5678 Close: 2.5676 Mid: 2.5687 | 22 Open: 2.5677 Close: 2.5677 Mid: 2.5760 | 23 Open: 2.5681 Close: 2.5376 Mid: 2.5525 | 24 |
25 | 26 Open: 2.5387 Close: 2.5725 Mid: 2.5572 | 27 Open: 2.5387 Close: 2.5725 Mid: 2.5572 | 28 Open: 2.5724 Close: 2.5754 Mid: 2.5732 | 29 Open: 2.5765 Close: 2.5470 Mid: 2.5636 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.5462 Close: 2.5423 Mid: 2.5393 | 2 | |||||
3 | 4 Open: 2.5387 Close: 2.5400 Mid: 2.5409 | 5 Open: 2.5399 Close: 2.5454 Mid: 2.5412 | 6 Open: 2.5450 Close: 2.5376 Mid: 2.5377 | 7 Open: 2.5377 Close: 2.5389 Mid: 2.5382 | 8 Open: 2.5390 Close: 2.5344 Mid: 2.5371 | 9 |
10 | 11 Open: 2.5365 Close: 2.5445 Mid: 2.5547 | 12 Open: 2.5442 Close: 2.5438 Mid: 2.5447 | 13 Open: 2.5438 Close: 2.5365 Mid: 2.5409 | 14 Open: 2.5364 Close: 2.5503 Mid: 2.5473 | 15 Open: 2.5488 Close: 2.5377 Mid: 2.5420 | 16 |
17 | 18 Open: 2.5389 Close: 2.5305 Mid: 2.5349 | 19 Open: 2.5323 Close: 2.5348 Mid: 2.5385 | 20 Open: 2.5611 Close: 2.5479 Mid: 2.5540 | 21 Open: 2.5487 Close: 2.5303 Mid: 2.5319 | 22 Open: 2.5305 Close: 2.5384 Mid: 2.5335 | 23 |
24 | 25 Open: 2.5372 Close: 2.5286 Mid: 2.5345 | 26 Open: 2.5333 Close: 2.4918 Mid: 2.5123 | 27 Open: 2.4918 Close: 2.5180 Mid: 2.5033 | 28 Open: 2.5183 Close: 2.5045 Mid: 2.5097 | 29 Open: 2.5043 Close: 2.5306 Mid: 2.5173 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.5181 Close: 2.5257 Mid: 2.5219 | 2 Open: 2.4963 Close: 2.4862 Mid: 2.4922 | 3 Open: 2.4863 Close: 2.4910 Mid: 2.4878 | 4 Open: 2.4909 Close: 2.4910 Mid: 2.5000 | 5 Open: 2.4909 Close: 2.4890 Mid: 2.4909 | 6 | |
7 | 8 Open: 2.4937 Close: 2.4776 Mid: 2.4847 | 9 Open: 2.4776 Close: 2.4777 Mid: 2.4933 | 10 Open: 2.4778 Close: 2.4746 Mid: 2.4752 | 11 Open: 2.4745 Close: 2.4782 Mid: 2.4742 | 12 Open: 2.4782 Close: 2.4796 Mid: 2.4847 | 13 |
14 | 15 Open: 2.4868 Close: 2.4940 Mid: 2.4845 | 16 Open: 2.4941 Close: 2.4979 Mid: 2.4941 | 17 Open: 2.4980 Close: 2.4965 Mid: 2.4963 | 18 Open: 2.4965 Close: 2.4949 Mid: 2.4959 | 19 Open: 2.4950 Close: 2.5100 Mid: 2.5188 | 20 |
21 | 22 Open: 2.5115 Close: 2.5132 Mid: 2.5017 | 23 Open: 2.5138 Close: 2.4939 Mid: 2.5088 | 24 Open: 2.4953 Close: 2.4944 Mid: 2.4955 | 25 Open: 2.4951 Close: 2.5089 Mid: 2.5046 | 26 Open: 2.5090 Close: 2.4740 Mid: 2.4945 | 27 |
28 | 29 Open: 2.4781 Close: 2.5028 Mid: 2.4887 | 30 Open: 2.5030 Close: 2.4920 Mid: 2.4916 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.4927 Close: 2.4960 Mid: 2.4924 | 2 Open: 2.4964 Close: 2.4765 Mid: 2.4872 | 3 Open: 2.4763 Close: 2.5234 Mid: 2.5003 | 4 | |||
5 | 6 Open: 2.5182 Close: 2.4775 Mid: 2.4982 | 7 Open: 2.4776 Close: 2.5055 Mid: 2.4907 | 8 Open: 2.5002 Close: 2.5035 Mid: 2.5031 | 9 Open: 2.5039 Close: 2.5117 Mid: 2.5086 | 10 Open: 2.5113 Close: 2.5094 Mid: 2.5085 | 11 |
12 | 13 Open: 2.5103 Close: 2.5036 Mid: 2.5063 | 14 Open: 2.5034 Close: 2.4730 Mid: 2.4913 | 15 Open: 2.4731 Close: 2.4698 Mid: 2.4715 | 16 Open: 2.4699 Close: 2.4621 Mid: 2.4698 | 17 Open: 2.4622 Close: 2.4501 Mid: 2.4563 | 18 |
19 | 20 Open: 2.4518 Close: 2.4745 Mid: 2.4632 | 21 Open: 2.4750 Close: 2.4828 Mid: 2.4798 | 22 Open: 2.4827 Close: 2.4700 Mid: 2.4762 | 23 Open: 2.4704 Close: 2.4754 Mid: 2.4735 | 24 Open: 2.4758 Close: 2.4679 Mid: 2.4721 | 25 |
26 | 27 Open: 2.4706 Close: 2.4583 Mid: 2.4658 | 28 Open: 2.4592 Close: 2.4757 Mid: 2.4594 | 29 Open: 2.4756 Close: 2.4769 Mid: 2.4747 | 30 Open: 2.4772 Close: 2.5004 Mid: 2.4865 | 31 Open: 2.4648 Close: 2.4682 Mid: 2.4654 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 2.4703 Close: 2.5228 Mid: 2.4999 | 4 Open: 2.5228 Close: 2.5421 Mid: 2.5306 | 5 Open: 2.5415 Close: 2.5183 Mid: 2.5300 | 6 Open: 2.5187 Close: 2.5400 Mid: 2.5293 | 7 Open: 2.5400 Close: 0.4946 Mid: 1.5127 | 8 |
9 | 10 Open: 0.5395 Close: 2.4976 Mid: 1.5182 | 11 Open: 2.4976 Close: 2.5059 Mid: 2.5111 | 12 Open: 2.5071 Close: 2.4923 Mid: 2.5088 | 13 Open: 2.4922 Close: 2.4994 Mid: 2.4959 | 14 Open: 2.4993 Close: 2.5165 Mid: 2.5100 | 15 |
16 | 17 Open: 2.5126 Close: 2.5449 Mid: 2.5308 | 18 Open: 2.5431 Close: 2.5538 Mid: 2.5396 | 19 Open: 2.5538 Close: 2.5441 Mid: 2.5439 | 20 Open: 2.5435 Close: 2.5284 Mid: 2.5364 | 21 Open: 2.5292 Close: 2.5249 Mid: 2.5274 | 22 |
23 | 24 Open: 2.5270 Close: 2.5036 Mid: 2.5122 | 25 Open: 2.5038 Close: 2.5282 Mid: 2.5166 | 26 Open: 2.5285 Close: 2.5249 Mid: 2.5221 | 27 Open: 2.5251 Close: 2.5073 Mid: 2.5113 | 28 Open: 2.5085 Close: 2.4907 Mid: 2.5058 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.5285 Close: 2.5111 Mid: 2.5174 | 2 Open: 2.5112 Close: 2.5055 Mid: 2.5095 | 3 Open: 2.5056 Close: 2.4768 Mid: 2.4905 | 4 Open: 2.4767 Close: 2.4909 Mid: 2.4810 | 5 Open: 2.4919 Close: 2.4828 Mid: 2.4931 | 6 | |
7 | 8 Open: 2.5251 Close: 2.5080 Mid: 2.5160 | 9 Open: 2.4894 Close: 2.5025 Mid: 2.4986 | 10 Open: 2.5015 Close: 2.5076 Mid: 2.5039 | 11 Open: 2.5077 Close: 2.5087 Mid: 2.5113 | 12 Open: 2.5091 Close: 2.4814 Mid: 2.4982 | 13 |
14 | 15 Open: 2.4858 Close: 2.4855 Mid: 2.4840 | 16 Open: 2.4855 Close: 2.4954 Mid: 2.4897 | 17 Open: 2.4955 Close: 2.5216 Mid: 2.5082 | 18 Open: 2.5217 Close: 2.5171 Mid: 2.5213 | 19 Open: 2.5171 Close: 2.5202 Mid: 2.5183 | 20 |
21 | 22 Open: 2.5213 Close: 2.5221 Mid: 2.5231 | 23 Open: 2.5222 Close: 2.5230 Mid: 2.5229 | 24 Open: 2.5231 Close: 2.5464 Mid: 2.5409 | 25 Open: 2.5465 Close: 2.5669 Mid: 2.5606 | 26 Open: 2.5667 Close: 2.5559 Mid: 2.5615 | 27 |
28 | 29 Open: 2.5586 Close: 2.5521 Mid: 2.5561 | 30 Open: 2.5522 Close: 2.5609 Mid: 2.5557 | 31 Open: 2.5610 Close: 2.5680 Mid: 2.5678 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.5680 Close: 2.5887 Mid: 2.5796 | 2 Open: 2.5889 Close: 2.6229 Mid: 2.6036 | 3 | ||||
4 | 5 Open: 2.6207 Close: 2.6464 Mid: 2.6528 | 6 Open: 2.6463 Close: 2.6488 Mid: 2.6427 | 7 Open: 2.6484 Close: 2.6119 Mid: 2.6192 | 8 Open: 2.6119 Close: 2.6136 Mid: 2.6196 | 9 Open: 2.6140 Close: 2.5927 Mid: 2.6064 | 10 |
11 | 12 Open: 2.5927 Close: 2.5922 Mid: 2.5840 | 13 Open: 2.5921 Close: 2.5817 Mid: 2.5992 | 14 Open: 2.5817 Close: 2.5970 Mid: 2.5908 | 15 Open: 2.5988 Close: 2.5659 Mid: 2.5849 | 16 Open: 2.5661 Close: 2.5744 Mid: 2.5737 | 17 |
18 | 19 Open: 2.5789 Close: 2.5718 Mid: 2.5747 | 20 Open: 2.5718 Close: 2.5918 Mid: 2.5806 | 21 Open: 2.5919 Close: 2.5988 Mid: 2.5960 | 22 Open: 2.5987 Close: 2.6036 Mid: 2.6030 | 23 Open: 2.6038 Close: 2.5956 Mid: 2.5987 | 24 |
25 | 26 Open: 2.5963 Close: 2.6183 Mid: 2.6088 | 27 Open: 2.6195 Close: 2.6132 Mid: 2.6204 | 28 Open: 2.6133 Close: 2.6163 Mid: 2.6165 | 29 Open: 2.6163 Close: 2.5988 Mid: 2.6069 | 30 Open: 2.5987 Close: 2.5971 Mid: 2.5951 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 2.5969 Close: 2.5984 Mid: 2.5975 | 3 Open: 2.5999 Close: 2.6216 Mid: 2.6135 | 4 Open: 2.6204 Close: 2.6136 Mid: 2.6220 | 5 Open: 2.6137 Close: 2.6169 Mid: 2.6114 | 6 Open: 2.6169 Close: 2.6314 Mid: 2.6210 | 7 |
8 | 9 Open: 2.6318 Close: 2.6184 Mid: 2.6235 | 10 Open: 2.6182 Close: 2.6242 Mid: 2.6225 | 11 Open: 2.6242 Close: 2.6072 Mid: 2.6222 | 12 Open: 2.6073 Close: 2.5976 Mid: 2.6022 | 13 Open: 2.5978 Close: 2.6098 Mid: 2.6085 | 14 |
15 | 16 Open: 2.6142 Close: 2.6374 Mid: 2.6261 | 17 Open: 2.6379 Close: 2.6073 Mid: 2.6256 | 18 Open: 2.6073 Close: 2.6075 Mid: 2.6087 | 19 Open: 2.6074 Close: 2.5938 Mid: 2.5968 | 20 Open: 2.5939 Close: 2.5851 Mid: 2.5907 | 21 |
22 | 23 Open: 2.5859 Close: 2.5898 Mid: 2.5884 | 24 Open: 2.5899 Close: 2.5905 Mid: 2.6028 | 25 Open: 2.5906 Close: 2.5926 Mid: 2.5892 | 26 Open: 2.5942 Close: 2.5826 Mid: 2.5909 | 27 Open: 2.5826 Close: 2.6010 Mid: 2.5917 | 28 |
29 | 30 Open: 2.5959 Close: 2.5823 Mid: 2.5895 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.5822 Close: 2.5879 Mid: 2.5879 | 2 Open: 2.5878 Close: 2.5823 Mid: 2.5853 | 3 Open: 2.5821 Close: 2.5808 Mid: 2.5991 | 4 Open: 2.5810 Close: 2.5763 Mid: 2.5798 | 5 | ||
6 | 7 Open: 2.5771 Close: 2.6099 Mid: 2.5891 | 8 Open: 2.6089 Close: 2.5880 Mid: 2.6102 | 9 Open: 2.5879 Close: 2.5877 Mid: 2.5959 | 10 Open: 2.5877 Close: 2.5961 Mid: 2.5936 | 11 Open: 2.5962 Close: 2.5917 Mid: 2.5909 | 12 |
13 | 14 Open: 2.6224 Close: 2.6090 Mid: 2.6158 | 15 Open: 2.5921 Close: 2.5905 Mid: 2.5908 | 16 Open: 2.6146 Close: 2.5901 Mid: 2.6034 | 17 Open: 2.5893 Close: 2.5998 Mid: 2.5892 | 18 Open: 2.6004 Close: 2.5760 Mid: 2.5887 | 19 |
20 | 21 Open: 2.5763 Close: 2.6074 Mid: 2.5945 | 22 Open: 2.6078 Close: 2.5807 Mid: 2.5954 | 23 Open: 2.5809 Close: 2.5953 Mid: 2.5857 | 24 Open: 2.5948 Close: 2.5877 Mid: 2.5901 | 25 Open: 2.5876 Close: 2.5935 Mid: 2.5906 | 26 |
27 | 28 Open: 2.6187 Close: 2.6262 Mid: 2.6216 | 29 Open: 2.6266 Close: 2.6186 Mid: 2.6230 | 30 Open: 2.6194 Close: 2.6302 Mid: 2.6248 | 31 Open: 2.6299 Close: 2.6289 Mid: 2.6309 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 2.6439 Close: 2.6203 Mid: 2.6280 | 2 | |||||
3 | 4 Open: 2.6170 Close: 2.6027 Mid: 2.6115 | 5 Open: 2.6028 Close: 2.5953 Mid: 2.6123 | 6 Open: 2.5952 Close: 2.5870 Mid: 2.5895 | 7 Open: 2.5880 Close: 2.5790 Mid: 2.5745 | 8 Open: 2.5780 Close: 2.6030 Mid: 2.5941 | 9 |
10 | 11 Open: 2.6046 Close: 2.5601 Mid: 2.5816 | 12 Open: 2.5601 Close: 2.5664 Mid: 2.5632 | 13 Open: 2.5663 Close: 2.5647 Mid: 2.5706 | 14 Open: 2.5645 Close: 2.5556 Mid: 2.5607 | 15 Open: 2.5561 Close: 2.5665 Mid: 2.5639 | 16 |
17 | 18 Open: 2.5643 Close: 2.5686 Mid: 2.5675 | 19 Open: 2.5686 Close: 2.5817 Mid: 2.5781 | 20 Open: 2.5826 Close: 2.5832 Mid: 2.5742 | 21 Open: 2.5843 Close: 2.5895 Mid: 2.5827 | 22 Open: 2.5896 Close: 2.5441 Mid: 2.5709 | 23 |
24 | 25 Open: 2.5423 Close: 2.5646 Mid: 2.5539 | 26 Open: 2.5647 Close: 2.5735 Mid: 2.5718 | 27 Open: 2.5731 Close: 2.5707 Mid: 2.5704 | 28 Open: 2.5709 Close: 2.5692 Mid: 2.5697 | 29 Open: 2.5692 Close: 2.5636 Mid: 2.5705 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 2.5661 Close: 2.5624 Mid: 2.5631 | 3 Open: 2.5623 Close: 2.5617 Mid: 2.5677 | 4 Open: 2.5617 Close: 2.5915 Mid: 2.5767 | 5 Open: 2.5924 Close: 2.5864 Mid: 2.5921 | 6 Open: 2.5865 Close: 2.5988 Mid: 2.5991 | 7 |
8 | 9 Open: 2.5990 Close: 2.6200 Mid: 2.6060 | 10 Open: 2.6201 Close: 2.6212 Mid: 2.6220 | 11 Open: 2.6211 Close: 2.6196 Mid: 2.6228 | 12 Open: 2.6197 Close: 2.5987 Mid: 2.6067 | 13 Open: 2.5986 Close: 2.6084 Mid: 2.6038 | 14 |
15 | 16 Open: 2.6070 Close: 2.5624 Mid: 2.5860 | 17 Open: 2.5625 Close: 2.5894 Mid: 2.5714 | 18 Open: 2.5904 Close: 2.5768 Mid: 2.5881 | 19 Open: 2.5769 Close: 2.5827 Mid: 2.5852 | 20 Open: 2.5828 Close: 2.5928 Mid: 2.5903 | 21 |
22 | 23 Open: 2.5939 Close: 2.5798 Mid: 2.5866 | 24 Open: 2.5798 Close: 2.5773 Mid: 2.5774 | 25 Open: 2.5798 Close: 2.5773 Mid: 2.5774 | 26 Open: 2.5798 Close: 2.5773 Mid: 2.5774 | 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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