Royal Bank of Scotland GBP to ILS Transfers Compared

   

GBP/ILS is at 4.4007, a 90-day low, down 2.6% from its 3-month avg of 4.5199. Analysts warn of pressures from UK fiscal measures and a widening current account deficit, while geopolitical tensions weigh on the ILS's recovery. Monitor the market closely for better exchange timing

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

The Royal Bank of Scotland GBP to ILS exchange rate is 4.1881. This is -4.9% compared to the latest GBP-ILS mid-market rate 4.4037.

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 Israeli new sheqel (ILS) rates from different sources before making a conversion.

The above Royal Bank of Scotland - Sterling to Shekel 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-ILS mid-rate and the possible savings of using various providers. 

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

Looking at the full GBP to ILS - Send Money comparison table the provider with the best GBP to ILS exchange rate is Wise at 4.3839, -0.45% from the latest mid-market rate 4.4037.

Then XE at 4.3773, which is -0.6% from the mid-rate.

The Western Union rate is 4.3597 which is -1% from the mid-rate.

Among the banks the Lloyds Bank rate is 4.1617 at -5.5% the Royal Bank of Scotland rate is 4.1881 at -4.9% and the Barclays Bank rate is 4.2496 at -3.5% compared to the mid-rate 4.4037.

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.