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Lloyds Bank Exchange Rates

In this article we take a look at Lloyds Bank and examine how Lloyds exchange rates & international money transfer services compare to other options available to you.

Exchange Rates 1.5
Customer Service 1
Ease of Use 1

Lloyds Exchange Rates – Are you getting a good deal?

If you are a Lloyds customer and looking to send money overseas through an International Money Transfer (IMT) or get some travel money, you can use the comparison table snapshot below foran indication of how Lloyds Bank exchange rates compare to alternative FX providers.

 

GBP to USD International Money Transfers

 Compare  Lloyds TSB logo

Provider ReviewReceive USD(U$)Exchange RateFee GBPDeal Links
Lloyds TSB logo
Lloyds TSB
U$1,159.83
6.9%
1.183520
OFX
U$1,235.8
0.8%
U$76 more
1.2358£0^
TorFX logo
TorFX
U$1,229.1
1.34%
U$69 more
1.22910
WorldFirst logo
WorldFirst
U$1,239.6
0.5%
U$80 more
1.23960
HSBC logo
HSBC
U$1,202.69
3.46%
U$43 more
1.2045£1.50
Natwest Bank logo
Natwest Bank
U$1,181.51
5.16%
U$22 more
1.199515
Citibank logo
Citibank
U$1,179.08
5.36%
U$19 more
1.193412
Santander logo
Santander
U$1,176.62
5.55%
U$17 more
1.1885£10.00
Banks - Average Rate
Citibank logo Santander logo Lloyds TSB logo HSBC logo Natwest Bank logo
U$1,180
5.29%
U$20 more
1.193915
Lloyds TSB
 
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Lloyds TSB: Foreign Transfer GBP→USD
From Amount (GBP)£1,000
Fee:20
Exchange Rate:1.1835 (5% from mid-rate)
To Amount (USD) U$1,159.83
Total Cost:6.9%
Time:12:48 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Review:


OFX
 
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OFX: Foreign Transfer GBP→USD
From Amount (GBP)£1,000
Fee:£0^ - No fees for BestExchangeRates users (normally 7GBP for smaller transfers)
Exchange Rate:1.2358 (0.8% from mid-rate)
To Amount (USD) U$1,235.8
Total Cost:0.8%
Difference:
U$76 USD more than using Lloyds TSB
Time:
Rate Fetched: 12:48 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Speak to Dealers, Foreign Currency Accounts
Rating:
 
: 4.8/5.0
Review:


Compare OFX Rates
TorFX
 
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TorFX: Foreign Transfer GBP→USD
From Amount (GBP)£1,000
Fee:
Exchange Rate:1.2291 (1.34% from mid-rate)
To Amount (USD) U$1,229.1
Total Cost:1.34%
Difference:
U$69 USD more than using Lloyds TSB
Time:12:48 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Speak to Dealers
Rating:
 
: 4.7/5.0
Review:


Compare TorFX Rates
WorldFirst
 
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WorldFirst: Foreign Transfer GBP→USD
From Amount (GBP)£1,000
Fee:
Exchange Rate:1.2396 (0.5% from mid-rate)
To Amount (USD) U$1,239.6
Total Cost:0.5%
Difference:
U$80 USD more than using Lloyds TSB
Time:12:48 Local
Transfer Speed:1-2 days
Services:Bank Transfers - Online & Phone, Foreign Currency Accounts, Speak to Dealers
Rating:
 
: 4.6/5.0
Review:


Compare WorldFirst Rates
HSBC
 
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HSBC: Foreign Transfer GBP→USD
From Amount (GBP)£1,000
Fee:£1.50 GBP (.15%)
Exchange Rate:1.2045 (3.32% from mid-rate)
To Amount (USD) U$1,202.69
Total Cost:3.46%
Difference:
U$43 USD more than using Lloyds TSB
Time:12:48 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Review:


Compare HSBC Rates
Natwest Bank
 
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Natwest Bank: Foreign Transfer GBP→USD
From Amount (GBP)£1,000
Fee:15
Exchange Rate:1.1995 (3.72% from mid-rate)
To Amount (USD) U$1,181.51
Total Cost:5.16%
Difference:
U$22 USD more than using Lloyds TSB
Time:12:48 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 1/5.0
Review:


Compare Natwest Bank Rates
Citibank
 
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Citibank: Foreign Transfer GBP→USD
From Amount (GBP)£1,000
Fee:12
Exchange Rate:1.1934 (4.21% from mid-rate)
To Amount (USD) U$1,179.08
Total Cost:5.36%
Difference:
U$19 USD more than using Lloyds TSB
Time:12:48 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
: /5.0
Review:


Compare Citibank Rates
Santander
 
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Santander: Foreign Transfer GBP→USD
From Amount (GBP)£1,000
Fee:£10.00 GBP (1%)
Exchange Rate:1.1885 (4.6% from mid-rate)
To Amount (USD) U$1,176.62
Total Cost:5.55%
Difference:
U$17 USD more than using Lloyds TSB
Time:12:48 Local
Transfer Speed:2-3 days
Services:Online, Branch, Bank Transfers
Rating:
 
: 2/5.0
Review:


Compare Santander Rates
Banks - Average Rate
 
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Foreign Transfer GBP→USD
From Amount (GBP)£1,000
Fee:15
Exchange Rate:1.1848 (4.9% from mid-rate)
To Amount (USD) U$1,180
Total Cost:5.29%
Difference:
U$20 USD more than using Lloyds TSB
Transfer Speed:
Services:


 
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Snapshot 07/03/2020 - View live rates
Sending GBP 10K with Lloyds Bank vs Best Provider
 

The transfer charge you pay depends on the amount of money you send and how you send it:

Online
– less than £5,000 = £10
– £5,000 or over = £17.50

Branch and Telephone
– less than £5,000 = £20
– £5,000 or over = £35

2 Reviews for “Lloyds Bank Exchange Rates”

  1. Avatar jjames says:

    Lloyds TSB offshore IOM is an absolute disgrace. They can’t change my address, they can’t cancel a standing order, they can’t set up a new standing order, they wont set up telephone banking for me, they wont recognize my identity. it seems that they have got my money and are making damn sure I cant touch it. Tell me how or who can I complain too?

    1
  2. Avatar unhappy customer says:

    having banked offshore with lloyds tsb for two years not really using them for anything apart from the odd payment here and there, I began calling them more frequently as purchase date loomed on my property in italy. then innumerable calls to phone banking, pathetic service from teenagers much of the time, no guarantees on when monies would actually be available in the offshore or onshore accounts, and to top it off, an inexplicable 24 hour delay before euro funds were available on my visa debit card from when my salary was paid in. I asked to log a complaint and was told that it would be done, but only a generic sorry letter would be sent out to me. goodbye lloyds tsb, the unnecessarily long and infantile internet and phone banking set up process that everyone has complained about is truly not worth it.

    1.3

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Please note that the opinions of our authors are their own and do not reflect the opinion of Best Exchange Rates and should not be taken as a reference to buy or sell any financial product.
 
 

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