NATIONWIDE UK POUND & EURO EXCHANGE RATES
| NATIONWIDE | MIN. TRANSFER | SPEED | FX MARGIN RATE | *GUIDE RATES | MORE DETAILS |
|---|---|---|---|---|---|
| GBP £ - to EUR | NO MINIMUM | 5/7 DAYS | 4.0% | €1.104 |  |
| EUR € - to GBP | NO MINIMUM | 5/7 DAYS | 4.0% | £0.835 | |
| BROKER RATES | MIN. TRANSFER | SPEED | FX MARGIN RATE | *GUIDE RATES | MORE DETAILS |
| GBP £ - to EUR | From £100 | From 1 DAY | From 0.7% | €1.142 |  |
| EUR € - to GBP | From £100 | From 1 DAY | From 0.7% | £0.864 | |
Table *GUIDE RATES are updated daily (Monday to Friday) at 09:00 GMT.
NATIONWIDE – RECOMMENDED CURRENCY TRANSFER SERVICES
| BROKER RATES: GBP/EUR | MIN. TRANSFER | SPEED | FX MARGIN RATE | *GUIDE RATE: GBP/EUR | MORE DETAILS |
|---|---|---|---|---|---|
| TORFX | £250 | 1 DAY | 0.7% | €1.142 |  |
| CURRENCIES DIRECT | £100 | 1 DAY | 0.7 to 1.0% | €1.138 to €1.142 | |
Table *GUIDE RATES are updated daily (Monday to Friday) at 09:00 GMT.
Question: How many pounds or euros will I receive for my currency transfer, after Nationwide fees and charges?
Answer: Using Nationwide services, the exchange rates shown are typical. All UK banks and building societies 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% | €1.138 to €1.142 | |
| EUR € - to GBP | €100 | 1 DAY | 0.7 to 1.0% | £0.861 to £0.864 | |
Nationwide International Money Transfers
Save on the exchange rate conversion when transferring money abroad from your Nationwide account in UK pounds, the euro and other currencies. Nationwide international money transfers to or from the UK have higher transaction charges, due to a less competitive exchange rate offered by Nationwide. Skip to: UK Money Transfer Specialists
Typically, sending funds to or from your Nationwide building society account in UK pounds, euro 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%).
Currency Transfer Alternatives – Nationwide
Sending foreign currency to or from your Nationwide account in the UK 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 UK pounds (GBP) using Nationwide services would have a transaction exchange rate margin of around 4.0% – or £4,000 GBP. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only £700 GBP in total, which is a large saving over the building society service.
Nationwide – Other Useful Information
International money transfers from Nationwide could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Nationwide account holder to use their services. Nationwide may additionally charge a flat rate 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.
Unless you pay a premium, Nationwide’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.
Nationwide Building Society, UK – About
Nationwide Building Society is a UK financial institution and the largest building society in the world with over 15 million clients. Nationwide has its headquarters in Swindon, with an office in Threadneedle Street, London, and administration centres based in Bournemouth, Northampton and Dunfermline.
Nationwide – Head Office Address
Nationwide House, Pipers Way, Swindon SN3 1TX, United Kingdom
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