GBP/CHF remains under pressure at 1.0591, 1.4% below the 3-month avg. Analysts warn of fiscal anxiety ahead of Chancellor Reeves's November budget, with potential tax hikes adding uncertainty. Expect the Pound to face challenges as the SNB maintains stability amid global headwinds

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What is the Santander Send Money conversion rate for GBP to CHF?

The Santander GBP to CHF exchange rate is 1.0031. This is -5.3% compared to the latest GBP-CHF mid-market rate 1.0589.

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 Swiss franc (CHF) rates from different sources before making a conversion.

The above Santander - Sterling to Franc comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Santander and other foreign exchange providers against the latest GBP-CHF mid-rate and the possible savings of using various providers. 

How do Santander GBP-CHF rates compare between providers?

Looking at the full GBP to CHF - Send Money comparison table the provider with the best GBP to CHF exchange rate is OFX at 1.0536, -0.5% from the latest mid-market rate 1.0589.

The next best is Wise at 1.0532, -0.54% from the mid-rate.

Then XE at 1.0526, which is -0.59% from the mid-rate.

The Western Union rate is 1.0483 which is -1% from the mid-rate.

Among the banks the Lloyds Bank rate is 0.9989 at -5.7% the Royal Bank of Scotland rate is 1.0052 at -5.1% and the Barclays Bank rate is 1.0185 at -3.8% compared to the mid-rate 1.0589.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Santander often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.