What is the
Natwest Bank Send Money conversion rate for GBP to PHP?
The Natwest Bank GBP to PHP exchange rate is 73.02. This is -5.9% compared to the latest GBP-PHP mid-market rate 77.59.
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 Philippine peso (PHP) rates from different sources before making a conversion.
The above
Natwest Bank - Sterling to Peso 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-PHP mid-rate and the possible savings of using various providers.
How do Natwest Bank GBP-PHP rates compare between providers?
Looking at the full
GBP to PHP - Send Money comparison table the provider with the best GBP to PHP exchange rate is OFX at 77.2, -0.5% from the latest mid-market rate 77.59.
The next best is XE at 77.12, -0.61% from the mid-rate.
Then Wise at 76.97, which is -0.8% from the mid-rate.
The Western Union rate is 76.81 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 72.01 at -7.2% the Royal Bank of Scotland rate is 72.48 at -6.6% and the Barclays Bank rate is 73.94 at -4.7% compared to the mid-rate 77.59.
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 PHP Transfer Rates