What is the
best Business Send Money conversion rate for GBP to RUB?
The best Business GBP to RUB exchange rate is 106.01 from Wise. This is -0.45% compared to the mid-market rate 106.49.
As Business exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
British pound (GBP) to Russian ruble (RUB) rates from different sources before making a conversion.
The above
Post Office - Business Sterling to Ruble comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Post Office and other foreign exchange providers against the latest GBP-RUB mid-rate and the possible savings of using various providers.
How do Post Office GBP-RUB rates compare between providers?
Looking at the full
GBP to RUB - Send Money comparison table the provider with the best Business GBP to RUB exchange rate is Wise at 106.01, -0.45% from the latest mid-market rate 106.49.
The next best is Currencies Direct at 105.64, -0.8% from the mid-rate.
Then Western Union at 104.89, which is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 101.17 at -5% the Royal Bank of Scotland rate is 101.8 at -4.4% and the Barclays Bank rate is 102.76 at -3.5% compared to the mid-rate 106.49.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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
like Post Office or platforms that offer rates closer to the mid-market rate.