What is the
Natwest Bank Send Money conversion rate for GBP to USD?
The Natwest Bank GBP to USD exchange rate is 1.3039. This is -3.8% compared to the latest GBP-USD mid-market rate 1.3554.
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 US dollar (USD) rates from different sources before making a conversion.
The above
Natwest Bank - Sterling to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Natwest Bank and other foreign exchange providers against the latest GBP-USD mid-rate and the possible savings of using various providers.
How do Natwest Bank GBP-USD rates compare between providers?
Looking at the
full comparison table
the best GBP to USD exchange rate is 1.3493 from Wise, -0.45% from the mid-market rate 1.3554. The next best rate is 1.3486 from OFX, -0.5% from the mid-rate. Then Currencies Direct with 1.3483 is -0.52% from the mid-rate.
The Western Union rate is 1.3418 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 1.2863 at -5.1% the Royal Bank of Scotland rate is 1.2944 at -4.5% and the Barclays Bank rate is 1.3079 at -3.5% compared to the mid-rate 1.3554.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Natwest 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.
Compare GBP to USD Transfer Rates