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 CHF to TRY exchange rate is 48.55. This is -3.7% compared to the latest CHF-TRY mid-market rate 50.42.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Swiss franc (CHF) to Turkish lira (TRY) rates from different sources before making a conversion.
The above HSBC - Franc to Lira 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 CHF-TRY mid-rate and the possible savings of using various providers.
Looking at the full CHF to TRY - Send Money comparison table the provider with the best CHF to TRY exchange rate is OFX at 50.17, -0.5% from the latest mid-market rate 50.42.
The next best is XE at 50.12, -0.6% from the mid-rate.
Then Wise at 50.07, which is -0.69% from the mid-rate.
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:
