Beat Santander 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 Santander Bank money transfer options and alternatives to make sure you’re getting the maximum savings possible.
International currency transfers to or from your Santander Bank account in UK pounds, euros, US dollars and many other popular currencies will involve a margin or exchange rate of around 4.7% and additional bank transaction or commission fees may apply.
Santander’s international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Santander Bank, originally founded in Spain in 1857, has a long and storied history as one of the world’s largest financial institutions. With a strong presence in Europe, Latin America, and the United States, Santander has grown to become a trusted provider of banking services to millions of customers around the globe.
Over the years, the bank has expanded its offerings to include a wide range of financial products, from savings accounts and mortgages to investment services and wealth management. Despite facing challenges in the past, Santander has remained resilient and continues to thrive as a leading player in the global banking industry.
International money transfers from Santander Bank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Santander Bank account holder to use their services.
Unless you pay a premium, Santander 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.
Santander 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 Santander Bank account to or from UK pounds and the euro. Santander 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 Santander Bank. More: Santander Bank GBP vs EUR money transfer
Save on the exchange rate conversion when transferring money abroad from your Santander Bank account to or from UK pounds and the US dollar. Santander 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 Santander Bank. More: Santander Bank GBP vs USD money transfer
Santander Bank has a significant presence abroad with locations in several countries around the world. Some of the countries where Santander has branches include the United Kingdom, Brazil, Spain, Mexico, and Chile.
This global presence allows customers to access their accounts and banking services while traveling or living abroad, providing convenience and accessibility for international customers.
Find Santander 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 Santander Bank branches in your search area results.
You can find answers to everyday banking questions by visiting the Santander Bank UK website. If you can’t find the answer you’re looking for, you can call them from outside the UK on +44 1908 216674
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers