What is the
WorldRemit Send Money conversion rate for GBP to CNY?
The WorldRemit GBP to CNY exchange rate is 9.3338. This is -1.5% compared to the latest GBP-CNY mid-market rate 9.4759.
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 Chinese yuan (CNY) rates from different sources before making a conversion.
The above
WorldRemit - Sterling to Yuan comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest GBP-CNY mid-rate and the possible savings of using various providers.
How do WorldRemit GBP-CNY rates compare between providers?
Looking at the full
GBP to CNY - Send Money comparison table the provider with the best GBP to CNY exchange rate is Wise at 9.4084, -0.71% from the latest mid-market rate 9.4759.
The next best is Currencies Direct at 9.4001, -0.8% from the mid-rate.
Then WorldRemit at 9.3338, which is -1.5% from the mid-rate.
The Western Union rate is 9.3338 which is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 8.907 at -6% the Royal Bank of Scotland rate is 8.9639 at -5.4% and the Barclays Bank rate is 9.0562 at -4.4% compared to the mid-rate 9.4759.
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 WorldRemit or platforms that offer rates closer to the mid-market rate.