GBP/CHF at 1.0455, hitting a 90-day low and 2.3% below the 3-month avg. Analysts cite UK growth woes and BoE rate cut expectations as factors weighing on GBP. With a £20B budget shortfall looming, further GBP dips are likely unless major shifts occur

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

The Barclays Bank GBP to CHF exchange rate is 0.9967. This is -4.7% compared to the latest GBP-CHF mid-market rate 1.0459.

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

How do Barclays Bank 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 1.0407, -0.5% from the latest mid-market rate 1.0459.

The next best is Wise at 1.0407, -0.5% from the mid-rate.

Then XE at 1.0396, which is -0.6% from the mid-rate.

The Western Union rate is 1.0354 which is -1% from the mid-rate.

Among the banks the Lloyds Bank rate is 0.9994 at -4.4% the Royal Bank of Scotland rate is 1.0056 at -3.9% and the Barclays Bank rate is 0.9967 at -4.7% compared to the mid-rate 1.0459.

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