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Understanding the Table:
The comparison table above helps you see the total cost of your Bank of Queensland currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Bank of Queensland (BOQ) currency exchange services offer reasonable exchange rates on foreign cash and pre-paid travel money cards (referred to as Cash Passport cards).
You can purchase foreign cash on-line via the BOQ Website with no purchase fee, foreign cash is also available via all BOQ branches, where a fee applies
The best USD to GBP exchange rate is our partner deal rate of 0.7409 from OFX . This is -0.5% compared to the mid-market rate 0.7446.
The standard OFX USD-GBP rate is 0.7272, -2.3% from the mid-rate. Visit OFX here to secure the better rate.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to British pound (GBP) rates from different sources before making a conversion.
The above Bank of Queensland - Dollar to Sterling comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Bank of Queensland and other foreign exchange providers against the latest USD-GBP mid-rate and the possible savings of using various providers.
Looking at the full USD to GBP - Send Money comparison table the provider with the best USD to GBP exchange rate is OFX at 0.7409, -0.5% from the latest mid-market rate 0.7446.
The next best is XE at 0.7401, -0.6% from the mid-rate.
Then Wise at 0.7397, which is -0.66% from the mid-rate.
The Western Union rate is 0.7371 which is -1% from the mid-rate.
Among the banks the Chase Bank rate is 0.6862 at -7.8% the Wells Fargo Bank rate is 0.6818 at -8.4% and the Citibank rate is 0.716 at -3.8% compared to the mid-rate 0.7446.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Bank of Queensland 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.
View a full list of exchange rates by selecting your Base (from) currency:
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