BER Benchmark: Natwest Bank GBP FX Rates & Margins
BER Benchmark monitors Natwest Bank exchange rates across the GBP currency corridors tracked by BER. The current average margin versus the mid-market rate is 3.3%.
This average is based on the GBP 5 transfer rates currently monitored by BER across the available Natwest Bank currency corridors.
Natwest Bank - Lowest and Highest FX Margins
BER Benchmark ranks the Natwest Bank currency corridors currently monitored for British pound transfers by their margin versus the mid-market rate. The tables below highlight the lowest-margin and highest-margin corridors for a GBP 5 transaction.
NatWest GBP exchange-rate margins and fees
NatWest says its Business Current Account international-payment rates include an FX margin. For core payment currencies, NatWest says its margin will not exceed 2.65% added to the FX rate it receives from NatWest Markets. For listed non-core currencies, it says the margin will not exceed 3.5% added to its supplier rate. The margin can vary with the amount sent or received.
For Online Banking and Bankline, NatWest lists a £15 charge for international payments in currencies other than euros and a 50p charge for SEPA payments. Receiving-bank, intermediary or agent charges may also apply, depending on the charge option and destination.
BER compares NatWest's published customer rate with the market mid-rate. NatWest's stated caps use the rate it receives from NatWest Markets or another supplier, so they are not caps on BER's independently measured difference from the mid-rate. The comparison table may not include every payment, intermediary or recipient-bank charge.
NatWest business international-payment questions
Are the NatWest rates shown by BER guaranteed?
No. NatWest describes its public calculator rates as indicative and says rates can move. The final rate is confirmed when the payment is processed.
Do these rates apply to personal NatWest accounts or travel money?
No. The source calculator says its rates apply to Business Current Account transactions. Different rates may apply to personal banking, and the rates do not apply to currency notes or travellers cheques.
Does NatWest add an exchange-rate margin?
Yes. NatWest says its international-payment and transfer rates include a margin which may vary by amount and currency.
What should I compare before sending?
Compare the NatWest customer rate with the live mid-market rate, then include the payment charge and any receiving-bank or intermediary fees. The recipient amount is often the clearest like-for-like comparison.
What is the
best Send Money conversion rate for GBP to TND?
The best GBP to TND exchange rate is 3.9368 from Wise. This is -0.75% compared to the mid-market rate 3.9665.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Tunisian dinar (TND) rates from different sources before making a conversion.
The above Natwest Bank - Sterling to Dinar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Natwest Bank and other foreign exchange providers against the latest GBP-TND mid-rate and the possible savings of using various providers.