Royal Bank of Scotland GBP to CHF Transfers Compared

   

GBP/CHF currently at 1.0722, slightly below the 3-month average. Analysts note pressure from UK budget worries and economic stagnation, while the SNB counters CHF appreciation amidst a low inflation environment. Caution prevails as traders assess mixed signals ahead

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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 1.0134. This is -5.3% compared to the latest GBP-CHF mid-market rate 1.0702.

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 1.0654, -0.45% from the latest mid-market rate 1.0702.

Then XE at 1.0638, which is -0.6% from the mid-rate.

The Western Union rate is 1.0595 which is -1% from the mid-rate.

Among the banks the Lloyds Bank rate is 1.0069 at -5.9% the Royal Bank of Scotland rate is 1.0134 at -5.3% and the Barclays Bank rate is 1.0328 at -3.5% compared to the mid-rate 1.0702.

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.