NATWEST BANK UK POUND & EURO EXCHANGE RATES
| NATWEST BANK | MIN. TRANSFER | SPEED | FX MARGIN RATE | *GUIDE RATES | MORE DETAILS |
|---|---|---|---|---|---|
| GBP £ - to EUR | NO MINIMUM | 5/7 DAYS | 5.1% | €1.098 |  |
| EUR € - to GBP | NO MINIMUM | 5/7 DAYS | 5.1% | £0.82 | |
| BROKER RATES | MIN. TRANSFER | SPEED | FX MARGIN RATE | *GUIDE RATES | MORE DETAILS |
| GBP £ - to EUR | From £100 | From 1 DAY | From 0.7% | €1.149 |  |
| EUR € - to GBP | From £100 | From 1 DAY | From 0.7% | £0.859 | |
Table *GUIDE RATES are updated daily (Monday to Friday) at 09:00 GMT.
NATWEST BANK – 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% | €1.149 |  |
| 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.
Question: How many pounds or euros will I receive for my currency transfer, after Natwest fees and charges?
Answer: Using Natwest 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 | |
Natwest Bank International Money Transfers
Save on the exchange rate conversion when transferring money abroad from your Natwest bank account in UK pounds, the euro and other currencies. Natwest Bank international money transfers to or from the UK have higher transaction charges, due to a less competitive exchange rate offered by Natwest bank. Skip to: UK Money Transfer Specialists
Typically, sending funds to or from your Natwest Bank account in UK pounds, euro or US dollar overseas bank account will involve a margin rate of 5.1% – much higher than most currency broker rates (typically 0.7 to 1.0%).
Currency Transfer Alternatives – Natwest Bank
Sending foreign currency to or from your Natwest Bank 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 Natwest Bank services would have a transaction exchange rate margin of around 5.1% – or £5,100 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 bank service.
Natwest Bank – Other Useful Information
International money transfers from Natwest Bank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Natwest Bank account holder to use their services. Natwest Bank 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, Natwest 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.
Natwest Bank, UK – About
NatWest Bank was created in 1968 by merging National Provincial Bank with Westminster Bank. Natwest is a subsidiary of the Royal Bank of Scotland Group and operates through over 1,500 UK banking branches.
Natwest Bank – Head Office Address
Natwest (National Westminster Bank) PLC – 135 Bishopsgate, London EC2M 3UR, United Kingdom
TRANSFER PROMOTIONS
