Table *GUIDE RATES are updated daily (Monday to Friday) at 09:00 GMT.
BROKER RATES: GBP/EUR | MIN. TRANSFER | SPEED | FX MARGIN RATE | *GUIDE RATE: GBP/EUR | MORE DETAILS |
---|---|---|---|---|---|
TORFX | £250 | 1 DAY | 0.7% | €1.149 | ![]() |
CURRENCIES DIRECT | £100 | 1 DAY | 0.7 to 1.0% | €1.145 to €1.149 | ![]() |
Table *GUIDE RATES are updated daily (Monday to Friday) at 09:00 GMT.
Answer: Using Banco Sabadell 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 when transferring money or sending payments abroad from your Banco Sabadell account in euros, UK pounds and other currencies. Banco Sabadell international money transfers to or from Spain have higher transaction charges, due to a less competitive exchange rate offered by Banco Sabadell. Skip to: Spain Money Transfer Specialists
Typically, sending funds to or from your Banco Sabadell account in euros, UK pounds or US dollar overseas bank account will involve a margin rate of 4.0% – much higher than most currency broker rates (typically 0.7 to 1.0%).
Sending foreign currency to or from your Banco Sabadell account in Spain 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 100,000 euros (EUR) using Banco Sabadell services would have a transaction exchange rate margin of around 4.0% – or 4,000 EUR. Using a specialist broker, in this example Currencies Direct – the exchange rate margin would work out at between 0.7 to 1.0% – or only 700 to 1,000 EUR in total, which is a large saving over the bank service.
For individuals who need to move money overseas from their Banco Sabadell account, foreign exchange specialists Currencies Direct operate several local Spanish offices (including representation in Alicante, Fuengirola, La Marina de San Fulgencio, La Zenia, Malaga, Mallorca, Marbella, Mojácar, Moraira, Murcia, Tenerife and Valencia). For a full list please skip to: Currencies Direct in Spain
International money transfers from Banco Sabadell could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Banco Sabadell account holder to use their services. Banco Sabadell 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 5000 euro.
Unless you pay a premium, Banco Sabadell’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.
Banco Sabadell (Banco de Sabadell S.A) was created in 1881 and is the fifth largest Spanish banking group with a network of over 2,000 local banking branches and over 600 international branches.