Understanding the Table:
The comparison table above helps you see the total cost of your HSBC 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’.
The HSBC GBP to TWD exchange rate is 36.71. This is -7.1% compared to the latest GBP-TWD mid-market rate 39.50.
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 New Taiwan dollar (TWD) rates from different sources before making a conversion.
The above HSBC - Sterling to New Taiwan dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by HSBC and other foreign exchange providers against the latest GBP-TWD mid-rate and the possible savings of using various providers.
Looking at the full GBP to TWD - Send Money comparison table the provider with the best GBP to TWD exchange rate is Wise at 39.32, -0.46% from the latest mid-market rate 39.50.
The next best is Currencies Direct at 39.19, -0.78% from the mid-rate.
Then Western Union at 38.91, which is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 36.2 at -8.4% the Royal Bank of Scotland rate is 36.44 at -7.7% and the Barclays Bank rate is 38.12 at -3.5% compared to the mid-rate 39.50.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like HSBC 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:
