Bank of Ireland GBP to EUR Business Transfers Compared

   

GBP/EUR remains stable at 1.1552, just below its 3-month avg. Analysts predict cautious outlook amid UK budget concerns and unchanged BoE rates through 2026. Meanwhile, the EUR benefits from ECB policies and stronger growth forecasts. Monitor UK GDP and budget impacts for short-term trends

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What is the Bank of Ireland Business Send Money conversion rate for GBP to EUR?

The Bank of Ireland GBP to EUR business exchange rate is 1.0945. This is -5.3% compared to the latest GBP-EUR mid-market rate 1.1556.

As Business exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Euro (EUR) rates from different sources before making a conversion.

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

How do Bank of Ireland GBP-EUR rates compare between providers?

The next best is Wise at 1.1504, -0.45% from the mid-rate.

Then Currencies Direct at 1.1489, which is -0.58% from the mid-rate.

The Western Union rate is 1.1441 which is -1% from the mid-rate.

Among the banks the Lloyds Bank rate is 1.0899 at -5.7% the Royal Bank of Scotland rate is 1.0968 at -5.1% and the Barclays Bank rate is 1.1152 at -3.5% compared to the mid-rate 1.1556.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Bank of Ireland 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.