Beat Standard Chartered 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 Standard Chartered Bank money transfer options and alternatives to make sure you’re getting the maximum savings possible.
International currency transfers to or from your Standard Chartered Bank account in UK pounds, euros, US dollars and many other popular currencies will involve a margin or exchange rate of around 5.0% and additional bank transaction or commission fees may apply.
Standard Chartered’s international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Standard Chartered Bank is a renowned international bank with a rich history dating back to 1853 when it was founded in London. Over the years, the bank has expanded its operations to over 70 countries, becoming a key player in the global banking industry. Standard Chartered has a strong presence in Asia, Africa, and the Middle East, offering a wide range of financial services to individuals, businesses, and institutions.
International money transfers from Standard Chartered Bank could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Standard Chartered Bank account holder to use their services.
Unless you pay a premium, Standard Chartered 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.
Standard Chartered 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 Standard Chartered Bank account to or from UK pounds and the euro. Standard Chartered 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 the bank. More: Standard Chartered Bank GBP vs EUR money transfer
Save on the exchange rate conversion when transferring money abroad from your Standard Chartered Bank account to or from UK pounds and the US dollar. Standard Chartered 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 Standard Chartered Bank. More: Standard Chartered Bank GBP vs USD money transfer
Standard Chartered Bank has a strong international presence with locations in multiple countries around the world. Some of the countries where Standard Chartered Bank has a presence include the United Arab Emirates, Singapore, India, Ghana, Malaysia, and the United Kingdom.
With its extensive network of branches and ATMs, Standard Chartered Bank is able to provide banking services to customers in various parts of the world. This global footprint allows the bank to cater to the diverse needs of its customers and offer a range of financial products and services.
Find Standard Chartered 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 Standard Chartered branches in your search area results.
You can find answers to everyday banking questions by visiting the Standard Chartered Bank website. If you can’t find the answer you’re looking for, you can call them from outside the UK on +44 207 885 8888
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers