|ALIOR BANK||MIN. TRANSFER||SPEED||FX MARGIN RATE||*GUIDE RATES||MORE DETAILS|
|GBP £ - to PLN||NO MINIMUM||5/7 DAYS||5.0%||5.079|
|EUR € - to PLN||NO MINIMUM||5/7 DAYS||5.0%||4.391|
|BROKER RATES||MIN. TRANSFER||SPEED||FX MARGIN RATE||*GUIDE RATES||MORE DETAILS|
|GBP £ - to PLN||From £100||From 1 DAY||From 0.7%||5.308|
|EUR € - to PLN||From £100||From 1 DAY||From 0.7%||4.59|
Table *GUIDE RATES are updated daily (Monday to Friday) at 09:00 GMT.
Answer: Using Alior Bank services, the exchange rates shown are typical. All banks have individual rates and commission structures for international currency transfers. Find the latest exchange rates for an overseas bank using our Bank Rate Comparison below:
|CURRENCIES DIRECT||MIN. TRANSFER||SPEED||FX MARGIN RATE||*GUIDE RATES||MORE DETAILS|
|GBP £ - to EUR||£100||1 DAY||0.7 to 1.0%||€1.145 to €1.149|
|EUR € - to GBP||€100||1 DAY||0.7 to 1.0%||£0.856 to £0.859|
Save on the exchange rate conversion when transferring money abroad from your Alior Bank account in polish zloty, euros, UK pounds and other currencies. Alior Bank international money transfers to or from Poland have higher transaction charges, due to a less competitive exchange rate offered by Alior Bank. Skip to: Poland Money Transfer Specialists
Typically, sending funds to or from your Alior Bank account in zloty, euros, UK pounds or US dollar overseas bank account will involve a margin rate of 5.0% – much higher than most currency broker rates (typically 0.7 to 1.0%).
Sending foreign currency to or from your Alior Bank account in Poland needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of 400,000 Polish zloty (PLN) using Alior Bank services would have a transaction exchange rate margin of around 5.0% – or 20,000 PLN. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only 2,800 PLN in total, which is a large saving over the bank service.
International money transfers from Alior Bank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Alior Bank account holder to use their services. Alior Bank may charge a commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of 20,000 PLN.
Unless you pay a premium, Alior Bank’s service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
Since its foundation in 2008, Alior Bank now has over 4 million private and business customers. With 8,000 employees and an extensive retail network consisting of 221 branches and 643 partner branches, Alior Bank is considered one of the most innovative and fastest growing financial institutions in Poland.