Royal Bank of Scotland GBP to CHF Transfers Compared

   

GBP to CHF at 90-day lows of 1.0585 amid bearish sentiment for the pound due to weak CPI data and potential BoE rate cuts. Analysts warn that forthcoming PMI and retail sales could weaken GBP further. CHF remains stable as SNB maintains zero interest rates

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What is the Royal Bank of Scotland Send Money conversion rate for GBP to CHF?

The Royal Bank of Scotland GBP to CHF exchange rate is 1.0052. This is -5.1% compared to the latest GBP-CHF mid-market rate 1.0588.

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 Swiss franc (CHF) rates from different sources before making a conversion.

The above Royal Bank of Scotland - Sterling to Franc comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Royal Bank of Scotland and other foreign exchange providers against the latest GBP-CHF mid-rate and the possible savings of using various providers. 

How do Royal Bank of Scotland GBP-CHF rates compare between providers?

Looking at the full GBP to CHF - Send Money comparison table the provider with the best GBP to CHF exchange rate is Wise at 1.056, -0.26% from the latest mid-market rate 1.0588.

The next best is OFX at 1.0535, -0.5% from the mid-rate.

Then XE at 1.0524, which is -0.6% from the mid-rate.

The Western Union rate is 1.0482 which is -1% from the mid-rate.

Among the banks the Lloyds Bank rate is 0.9989 at -5.7% the Royal Bank of Scotland rate is 1.0052 at -5.1% and the Barclays Bank rate is 1.0174 at -3.9% compared to the mid-rate 1.0588.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Royal Bank of Scotland 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.