Best United Arab Emirates Dirham / South African Rand Exchange Rate Today: 5.0821
Our comparison table and live data feed show the top euro rate you're likely to achieve for international payments is 5.0669, and the most competitive travel money / cash rates start at approximately 5.0364.
Live rate: 1 AED = 5.0821 ZAR (-0.06% )
Inverted: 1 ZAR = 0.1968 AED
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 | 5.0821 | 0 | 5.0313 | |||
 | 5.0669 (indicative) | 0 | 5.0669 | International Payments and Transfers | Experts in international money transfers for business and individuals, delivering industry-beating exchange rates. | |
 | 5.0465 (indicative) | 0 | 5.0465 | International Payments and Transfers | Indicative Dealing Desk Quote. Rate can only be applied to transfers in excess of £2000 equivalent. | |
 | 5.0821 | 3.56% | 4.9012 | 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. | |
 | 5.0364 | 0 | 5.0364 | 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  | 4.9398 (upper range) | Variable | 4.9398 | Payments, transfers, holiday money | Determined using data on spread charges supplied by IMTI | |
Worst Bank Rate | 4.9042 (lower range) | Variable | 4.9042 | Payments, transfers, holiday money | Determined using data on spread charges supplied by Money Mover and Accourt | |
Paypal  | 4.8534 | 0 | 4.8534 | International Payments and Transfers |
Set Alert« | » |
January - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 4.9827 Close: 4.9827 Mid: 4.9827 | 2 Open: 4.9841 Close: 5.0421 Mid: 5.0158 | 3 Open: 5.0429 Close: 5.1101 Mid: 5.0803 | 4 Open: 5.1081 Close: 5.0873 Mid: 5.0963 | 5 Open: 5.0889 Close: 5.1123 Mid: 5.1171 | 6 | |
7 | 8 Open: 5.0831 Close: 5.0769 Mid: 5.0899 | 9 Open: 5.0729 Close: 5.0834 Mid: 5.0740 | 10 Open: 5.0851 Close: 5.0956 Mid: 5.0838 | 11 Open: 5.0954 Close: 5.0952 Mid: 5.0856 | 12 Open: 5.0936 Close: 5.0797 Mid: 5.0818 | 13 |
14 | 15 Open: 5.0778 Close: 5.0774 Mid: 5.0792 | 16 Open: 5.0789 Close: 5.1615 Mid: 5.1209 | 17 Open: 5.1631 Close: 5.1796 Mid: 5.1837 | 18 Open: 5.1819 Close: 5.1669 Mid: 5.1683 | 19 Open: 5.1654 Close: 5.1948 Mid: 5.1738 | 20 |
21 | 22 Open: 5.1781 Close: 5.2294 Mid: 5.2057 | 23 Open: 5.2299 Close: 5.1796 Mid: 5.1980 | 24 Open: 5.1799 Close: 5.1431 Mid: 5.1575 | 25 Open: 5.1402 Close: 5.1323 Mid: 5.1377 | 26 Open: 5.1321 Close: 5.0964 Mid: 5.1181 | 27 |
28 | 29 Open: 5.1076 Close: 5.1277 Mid: 5.1160 | 30 Open: 5.1244 Close: 5.1227 Mid: 5.1270 | 31 Open: 5.1262 Close: 5.0797 Mid: 5.0991 |
February - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 5.0984 Close: 5.0975 Mid: 5.0911 | 2 Open: 5.0953 Close: 5.1167 Mid: 5.0965 | 3 | ||||
4 | 5 Open: 5.1497 Close: 5.1595 Mid: 5.1486 | 6 Open: 5.1604 Close: 5.1415 Mid: 5.1531 | 7 Open: 5.1392 Close: 5.1467 Mid: 5.1467 | 8 Open: 5.1466 Close: 5.1782 Mid: 5.1625 | 9 Open: 5.1769 Close: 5.1853 Mid: 5.1807 | 10 |
11 | 12 Open: 5.1769 Close: 5.1489 Mid: 5.1689 | 13 Open: 5.1489 Close: 5.1812 Mid: 5.1602 | 14 Open: 5.1823 Close: 5.1904 Mid: 5.1830 | 15 Open: 5.1902 Close: 5.1713 Mid: 5.1771 | 16 Open: 5.1711 Close: 5.1588 Mid: 5.1602 | 17 |
18 | 19 Open: 5.1414 Close: 5.1603 Mid: 5.1574 | 20 Open: 5.1606 Close: 5.1399 Mid: 5.1668 | 21 Open: 5.1410 Close: 5.1570 Mid: 5.1325 | 22 Open: 5.1572 Close: 5.2321 Mid: 5.1908 | 23 Open: 5.2278 Close: 5.2442 Mid: 5.2448 | 24 |
25 | 26 Open: 5.2620 Close: 5.2552 Mid: 5.2557 | 27 Open: 5.2530 Close: 5.1989 Mid: 5.2254 | 28 Open: 5.2008 Close: 5.2551 Mid: 5.2294 | 29 Open: 5.2526 Close: 5.2155 Mid: 5.2336 |
March - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 5.2157 Close: 5.2089 Mid: 5.2203 | 2 | |||||
3 | 4 Open: 5.2016 Close: 5.1879 Mid: 5.1905 | 5 Open: 5.1876 Close: 5.1708 Mid: 5.1759 | 6 Open: 5.1702 Close: 5.1284 Mid: 5.1510 | 7 Open: 5.1282 Close: 5.1051 Mid: 5.1195 | 8 Open: 5.1037 Close: 5.0932 Mid: 5.1031 | 9 |
10 | 11 Open: 5.1069 Close: 5.0712 Mid: 5.0864 | 12 Open: 5.0720 Close: 5.0956 Mid: 5.0715 | 13 Open: 5.0947 Close: 5.0592 Mid: 5.0761 | 14 Open: 5.0591 Close: 5.0894 Mid: 5.0757 | 15 Open: 5.0904 Close: 5.1059 Mid: 5.0888 | 16 |
17 | 18 Open: 5.1013 Close: 5.1555 Mid: 5.1364 | 19 Open: 5.1557 Close: 5.1561 Mid: 5.1600 | 20 Open: 5.1477 Close: 5.1285 Mid: 5.1400 | 21 Open: 5.1256 Close: 5.0967 Mid: 5.1149 | 22 Open: 5.0996 Close: 5.1830 Mid: 5.1444 | 23 |
24 | 25 Open: 5.1732 Close: 5.1507 Mid: 5.1666 | 26 Open: 5.1424 Close: 5.1569 Mid: 5.1496 | 27 Open: 5.1581 Close: 5.1533 Mid: 5.1488 | 28 Open: 5.1536 Close: 5.1483 Mid: 5.1643 | 29 Open: 5.1488 Close: 5.1437 Mid: 5.1478 | 30 |
31 |
April - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 5.1586 Close: 5.1313 Mid: 5.1411 | 2 Open: 5.1578 Close: 5.1202 Mid: 5.1443 | 3 Open: 5.1197 Close: 5.1135 Mid: 5.1220 | 4 Open: 5.1113 Close: 5.0848 Mid: 5.0902 | 5 Open: 5.0855 Close: 5.1106 Mid: 5.0848 | 6 | |
7 | 8 Open: 5.0880 Close: 5.0873 Mid: 5.0768 | 9 Open: 5.0865 Close: 5.0236 Mid: 5.0552 | 10 Open: 5.0238 Close: 5.0845 Mid: 5.0601 | 11 Open: 5.0866 Close: 5.1075 Mid: 5.1032 | 12 Open: 5.1069 Close: 5.1312 Mid: 5.1111 | 13 |
14 | 15 Open: 5.1400 Close: 5.1647 Mid: 5.1586 | 16 Open: 5.1654 Close: 5.1754 Mid: 5.1804 | 17 Open: 5.1762 Close: 5.1777 Mid: 5.1803 | 18 Open: 5.1780 Close: 5.2016 Mid: 5.1884 | 19 Open: 5.2031 Close: 5.1716 Mid: 5.2051 | 20 |
21 | 22 Open: 5.2081 Close: 5.2190 Mid: 5.1984 | 23 Open: 5.2194 Close: 5.2266 Mid: 5.2301 | 24 Open: 5.2247 Close: 5.2433 Mid: 5.2304 | 25 Open: 5.2428 Close: 5.1961 Mid: 5.2077 | 26 Open: 5.1956 Close: 5.1113 Mid: 5.1510 | 27 |
28 | 29 Open: 5.1147 Close: 5.0956 Mid: 5.1157 | 30 Open: 5.0944 Close: 5.1049 Mid: 5.1133 |
May - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 5.1060 Close: 5.0831 Mid: 5.0865 | 2 Open: 5.0819 Close: 5.0595 Mid: 5.0712 | 3 Open: 5.0584 Close: 5.0192 Mid: 5.0441 | 4 | |||
5 | 6 Open: 5.0337 Close: 5.0351 Mid: 5.0338 | 7 Open: 5.0348 Close: 5.0237 Mid: 5.0300 | 8 Open: 5.0250 Close: 5.0636 Mid: 5.0492 | 9 Open: 5.0630 Close: 5.0367 Mid: 5.0518 | 10 Open: 5.0362 Close: 5.0219 Mid: 5.0275 | 11 |
12 | 13 Open: 5.0213 Close: 5.0141 Mid: 5.0077 | 14 Open: 5.0132 Close: 5.0201 Mid: 5.0183 | 15 Open: 5.0192 Close: 4.9904 Mid: 5.0060 | 16 Open: 4.9890 Close: 4.9573 Mid: 4.9762 | 17 Open: 4.9569 Close: 4.9639 Mid: 4.9616 | 18 |
19 | 20 Open: 4.9486 Close: 4.9542 Mid: 4.9570 | 21 Open: 4.9539 Close: 4.9179 Mid: 4.9395 | 22 Open: 4.9181 Close: 4.9738 Mid: 4.9449 | 23 Open: 4.9735 Close: 5.0188 Mid: 4.9943 | 24 Open: 5.0197 Close: 5.0209 Mid: 5.0136 | 25 |
26 | 27 Open: 5.0120 Close: 5.0086 Mid: 5.0157 | 28 Open: 5.0079 Close: 4.9691 Mid: 4.9974 | 29 Open: 4.9695 Close: 5.0071 Mid: 4.9808 | 30 Open: 5.0076 Close: 5.1104 Mid: 5.0572 | 31 Open: 5.1101 Close: 5.1265 Mid: 5.1107 |
June - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | ||||||
2 | 3 Open: 5.1320 Close: 5.0702 Mid: 5.0951 | 4 Open: 5.0681 Close: 5.0997 Mid: 5.0859 | 5 Open: 5.0993 Close: 5.1647 Mid: 5.1269 | 6 Open: 5.1642 Close: 5.1725 Mid: 5.1614 | 7 Open: 5.1720 Close: 5.1288 Mid: 5.1373 | 8 |
9 | 10 Open: 5.1368 Close: 5.1030 Mid: 5.1209 | 11 Open: 5.1028 Close: 5.0610 Mid: 5.0852 | 12 Open: 5.0607 Close: 5.0081 Mid: 5.0422 | 13 Open: 5.0085 Close: 5.0107 Mid: 5.0137 | 14 Open: 5.0117 Close: 4.9997 Mid: 4.9994 | 15 |
16 | 17 Open: 5.0102 Close: 4.9809 Mid: 4.9841 | 18 Open: 4.9805 Close: 4.9205 Mid: 4.9516 | 19 Open: 4.9199 Close: 4.8871 Mid: 4.9017 | 20 Open: 4.8873 Close: 4.8858 Mid: 4.9103 | 21 Open: 4.8864 Close: 4.8916 Mid: 4.8792 | 22 |
23 | 24 Open: 4.9052 Close: 4.9385 Mid: 4.9341 | 25 Open: 4.9378 Close: 4.9672 Mid: 4.9483 | 26 Open: 4.9673 Close: 4.9391 Mid: 4.9620 | 27 Open: 4.9394 Close: 5.0263 Mid: 4.9871 | 28 Open: 5.0264 Close: 4.9555 Mid: 4.9881 | 29 |
30 |
July - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 4.9004 Close: 4.9981 Mid: 4.9494 | 2 Open: 4.9985 Close: 5.0709 Mid: 5.0413 | 3 Open: 5.0703 Close: 5.0292 Mid: 5.0425 | 4 Open: 5.0280 Close: 4.9736 Mid: 5.0058 | 5 Open: 4.9733 Close: 4.9537 Mid: 4.9671 | 6 | |
7 | 8 Open: 4.9632 Close: 4.9326 Mid: 4.9474 | 9 Open: 4.9321 Close: 4.9345 Mid: 4.9377 | 10 Open: 4.9351 Close: 4.9475 Mid: 4.9320 | 11 Open: 4.9467 Close: 4.8958 Mid: 4.9184 | 12 Open: 4.8963 Close: 4.8965 Mid: 4.9000 | 13 |
14 | 15 Open: 4.8997 Close: 4.9490 Mid: 4.9371 | 16 Open: 4.9494 Close: 4.9186 Mid: 4.9397 | 17 Open: 4.9183 Close: 4.9468 Mid: 4.9384 | 18 Open: 4.9473 Close: 4.9609 Mid: 4.9476 | 19 Open: 4.9618 Close: 4.9726 Mid: 4.9762 | 20 |
21 | 22 Open: 4.9782 Close: 4.9721 Mid: 4.9735 | 23 Open: 4.9721 Close: 5.0085 Mid: 5.0011 | 24 Open: 5.0085 Close: 4.9984 Mid: 4.9939 | 25 Open: 4.9991 Close: 4.9889 Mid: 5.0127 | 26 Open: 4.9895 Close: 4.9783 Mid: 4.9796 | 27 |
28 | 29 Open: 4.9846 Close: 5.0264 Mid: 5.0009 | 30 Open: 5.0259 Close: 4.9861 Mid: 5.0005 | 31 Open: 4.9863 Close: 4.9621 Mid: 4.9692 |
August - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 4.9617 Close: 4.9542 Mid: 4.9597 | 2 Open: 4.9561 Close: 4.9885 Mid: 4.9676 | 3 | ||||
4 | 5 Open: 4.9715 Close: 5.0474 Mid: 5.0234 | 6 Open: 5.0472 Close: 5.0328 Mid: 5.0401 | 7 Open: 5.0326 Close: 5.0013 Mid: 5.0042 | 8 Open: 5.0018 Close: 5.0206 Mid: 5.0066 | 9 Open: 5.0191 Close: 4.9940 Mid: 5.0002 | 10 |
11 | 12 Open: 4.9888 Close: 4.9693 Mid: 4.9700 | 13 Open: 4.9692 Close: 4.9530 Mid: 4.9607 | 14 Open: 4.9512 Close: 4.9162 Mid: 4.9353 | 15 Open: 4.9165 Close: 4.8998 Mid: 4.9109 | 16 Open: 4.8996 Close: 4.8832 Mid: 4.8857 | 17 |
18 | 19 Open: 4.8619 Close: 4.8308 Mid: 4.8502 | 20 Open: 4.8300 Close: 4.8567 Mid: 4.8532 | 21 Open: 4.8561 Close: 4.8727 Mid: 4.8692 | 22 Open: 4.8714 Close: 4.8978 Mid: 4.8884 | 23 Open: 4.8980 Close: 4.8525 Mid: 4.8718 | 24 |
25 | 26 Open: 4.8221 Close: 4.8263 Mid: 4.8346 | 27 Open: 4.8264 Close: 4.8379 Mid: 4.8325 | 28 Open: 4.8368 Close: 4.8475 Mid: 4.8444 | 29 Open: 4.8477 Close: 4.8354 Mid: 4.8351 | 30 Open: 4.8354 Close: 4.8390 Mid: 4.8181 | 31 |
September - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 4.8490 Close: 4.8575 Mid: 4.8629 | 3 Open: 4.8573 Close: 4.8941 Mid: 4.8760 | 4 Open: 4.8941 Close: 4.8721 Mid: 4.8839 | 5 Open: 4.8716 Close: 4.8279 Mid: 4.8477 | 6 Open: 4.8275 Close: 4.8413 Mid: 4.8306 | 7 |
8 | 9 Open: 4.8597 Close: 4.8585 Mid: 4.8690 | 10 Open: 4.8590 Close: 4.8825 Mid: 4.8692 | 11 Open: 4.8823 Close: 4.8688 Mid: 4.8742 | 12 Open: 4.8690 Close: 4.8639 Mid: 4.8818 | 13 Open: 4.8617 Close: 4.8340 Mid: 4.8465 | 14 |
15 | 16 Open: 4.8282 Close: 4.8080 Mid: 4.8237 | 17 Open: 4.8076 Close: 4.7720 Mid: 4.7912 | 18 Open: 4.7733 Close: 4.7789 Mid: 4.7830 | 19 Open: 4.7789 Close: 4.7648 Mid: 4.7693 | 20 Open: 4.7647 Close: 4.7574 Mid: 4.7743 | 21 |
22 | 23 Open: 4.7636 Close: 4.7323 Mid: 4.7397 | 24 Open: 4.7316 Close: 4.7129 Mid: 4.7203 | 25 Open: 4.7119 Close: 4.6905 Mid: 4.7025 | 26 Open: 4.6915 Close: 4.6901 Mid: 4.6851 | 27 Open: 4.6896 Close: 4.6511 Mid: 4.6727 | 28 |
29 | 30 Open: 4.6561 Close: 4.6935 Mid: 4.6730 |
October - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 4.6941 Close: 4.7253 Mid: 4.7051 | 2 Open: 4.7261 Close: 4.7232 Mid: 4.7277 | 3 Open: 4.7232 Close: 4.7732 Mid: 4.7277 | 4 Open: 4.7728 Close: 4.7518 Mid: 4.7601 | 5 | ||
6 | 7 Open: 4.7642 Close: 4.7330 Mid: 4.7486 | 8 Open: 4.7329 Close: 4.7886 Mid: 4.7615 | 9 Open: 4.7884 Close: 4.8015 Mid: 4.7896 | 10 Open: 4.8019 Close: 4.7678 Mid: 4.7827 | 11 Open: 4.7683 Close: 4.7376 Mid: 4.7535 | 12 |
13 | 14 Open: 4.7449 Close: 4.7861 Mid: 4.7626 | 15 Open: 4.7859 Close: 4.8001 Mid: 4.7949 | 16 Open: 4.8035 Close: 4.7855 Mid: 4.7901 | 17 Open: 4.7865 Close: 4.8135 Mid: 4.8096 | 18 Open: 4.8136 Close: 4.7934 Mid: 4.7982 | 19 |
20 | 21 Open: 4.7772 Close: 4.7783 Mid: 4.7883 | 22 Open: 4.7950 Close: 4.7802 Mid: 4.7815 | 23 Open: 4.7798 Close: 4.8281 Mid: 4.8143 | 24 Open: 4.8287 Close: 4.8089 Mid: 4.8190 | 25 Open: 4.8088 Close: 4.8003 Mid: 4.8052 | 26 |
27 | 28 Open: 4.8019 Close: 4.8149 Mid: 4.8202 | 29 Open: 4.8154 Close: 4.8207 Mid: 4.8181 | 30 Open: 4.8200 Close: 4.7975 Mid: 4.8052 | 31 Open: 4.7985 Close: 4.7765 Mid: 4.8018 |
November - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 Open: 4.7775 Close: 4.7903 Mid: 4.7908 | 2 | |||||
3 | 4 Open: 4.7836 Close: 4.7610 Mid: 4.7713 | 5 Open: 4.7615 Close: 4.7558 Mid: 4.7545 | 6 Open: 4.7587 Close: 4.8084 Mid: 4.8078 | 7 Open: 4.8063 Close: 4.7240 Mid: 4.7699 | 8 Open: 4.7236 Close: 4.7788 Mid: 4.7517 | 9 |
10 | 11 Open: 4.7984 Close: 4.8819 Mid: 4.8417 | 12 Open: 4.8818 Close: 4.9073 Mid: 4.9054 | 13 Open: 4.9089 Close: 4.9536 Mid: 4.9137 | 14 Open: 4.9549 Close: 4.9747 Mid: 4.9727 | 15 Open: 4.9745 Close: 4.9397 Mid: 4.9571 | 16 |
17 | 18 Open: 4.9529 Close: 4.9054 Mid: 4.9308 | 19 Open: 4.9042 Close: 4.9320 Mid: 4.9124 | 20 Open: 4.9309 Close: 4.9281 Mid: 4.9349 | 21 Open: 4.9284 Close: 4.9078 Mid: 4.9206 | 22 Open: 4.9095 Close: 4.9361 Mid: 4.9110 | 23 |
24 | 25 Open: 4.9145 Close: 4.9028 Mid: 4.9133 | 26 Open: 4.9042 Close: 4.9459 Mid: 4.9268 | 27 Open: 4.9465 Close: 4.9631 Mid: 4.9537 | 28 Open: 4.9622 Close: 4.9392 Mid: 4.9530 | 29 Open: 4.9382 Close: 4.9363 Mid: 4.9209 | 30 |
December - 2024
| Sun | Mon | Tue | Wed | Thu | Fri | Sat |
1 | 2 Open: 4.9223 Close: 4.9307 Mid: 4.9364 | 3 Open: 4.9311 Close: 4.9299 Mid: 4.9298 | 4 Open: 4.9297 Close: 4.9543 Mid: 4.9446 | 5 Open: 4.9537 Close: 4.9099 Mid: 4.9274 | 6 Open: 4.9095 Close: 4.8907 Mid: 4.9008 | 7 |
8 | 9 Open: 4.8860 Close: 4.8343 Mid: 4.8618 | 10 Open: 4.8349 Close: 4.8563 Mid: 4.8539 | 11 Open: 4.8559 Close: 4.8167 Mid: 4.8455 | 12 Open: 4.8165 Close: 4.8210 Mid: 4.8124 | 13 Open: 4.8230 Close: 4.8492 Mid: 4.8494 | 14 |
15 | 16 Open: 4.8486 Close: 4.8726 Mid: 4.8679 | 17 Open: 4.8721 Close: 4.9321 Mid: 4.9068 | 18 Open: 4.9317 Close: 4.9411 Mid: 4.9288 | 19 Open: 4.9441 Close: 4.9683 Mid: 4.9595 | 20 Open: 4.9716 Close: 5.0002 Mid: 4.9842 | 21 |
22 | 23 Open: 4.9918 Close: 5.0573 Mid: 5.0212 | 24 Open: 5.0571 Close: 5.0803 Mid: 5.0665 | 25 | 26 | 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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