Beat RBS Bank exchange rates when making an international currency transfer or overseas payment, save time, money and get the best deal. It’s a good idea to evaluate RBS Bank money transfer options and alternatives to make sure you’re getting the maximum savings possible.
RBS | GBP to EUR | GBP to USD | Minimum Transfer + Fee | TrustScore (Trustpilot) | More Details |
---|---|---|---|---|---|
Currencies Direct | €1.197 to €1.201 | $1.261 to $1.266 | |||
TorFX | €1.2 | $1.265 | |||
Wise | €1.202 to €1.203 | $1.267 to $1.268 | |||
RBS | €1.15 | $1.212 |
International currency transfers to or from your RBS Bank account in UK pounds, euros, US dollars and many other popular currencies will involve a margin or exchange rate of around 4.9% and additional bank transaction or commission fees may apply.
RBS’s international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
RBS, or the Royal Bank of Scotland, is a major retail and commercial bank in the United Kingdom. It has a long and storied history, dating back to its founding in 1727 in Edinburgh, Scotland.
Over the centuries, RBS has grown to become one of the largest banks in the UK, with a strong presence in retail banking, commercial banking, and wealth management. RBS remains a prominent player in the UK banking sector, with a rich history and a commitment to serving its customers.
International money transfers from RBS Bank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing RBS Bank account holder to use their services.
Unless you pay a premium, RBS Bank’s service can take up to 5 working days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
RBS 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.
Save on the exchange rate conversion when transferring money abroad from your RBS Bank account to or from UK pounds and the euro. RBS Bank international money transfers to or from the European Union and the UK have higher transaction charges, due to a less competitive exchange rate offered by RBS. More: RBS Bank GBP vs EUR money transfer
Save on the exchange rate conversion when transferring money abroad from your RBS Bank account to or from UK pounds and the US dollar. RBS Bank international money transfers to or from the United States and the UK have higher transaction charges, due to a less competitive exchange rate offered by RBS Bank. More: RBS Bank GBP vs USD money transfer
RBS has a significant presence abroad with locations in various countries around the world. Some of the countries where RBS has a presence include the United States, Canada, India, China, and Australia. These international locations allow RBS to provide banking services to customers outside of the United Kingdom and expand its reach in the global financial market.
With a strong network of branches and ATMs in these countries, RBS is able to offer a range of financial products and services to customers wherever they may be located.
Find RBS Bank branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest RBS Bank branches in your search area results.
You can find answers to everyday banking questions by visiting the RBS website. If you can’t find the answer you’re looking for, you can call them from outside the UK on +44 131 549 8888
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers