Barclays Bank GBP to HKD Transfers Compared

   

GBP to HKD is at a 30-day high of 10.62, showing stability within a 4.1% range. Analysts note mixed sentiments towards GBP, with expectations for BoE to hold rates. Watch for upcoming UK CPI data and central bank moves that could drive volatility

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What is the Barclays Bank Send Money conversion rate for GBP to HKD?

The Barclays Bank GBP to HKD exchange rate is 10.24. This is -3.5% compared to the latest GBP-HKD mid-market rate 10.61.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Hong Kong dollar (HKD) rates from different sources before making a conversion.

The above Barclays Bank - Sterling to Hong Kong dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Barclays Bank and other foreign exchange providers against the latest GBP-HKD mid-rate and the possible savings of using various providers. 

How do Barclays Bank GBP-HKD rates compare between providers?

The next best is Wise at 10.56, -0.47% from the mid-rate.

Then XE at 10.55, which is -0.57% from the mid-rate.

The Western Union rate is 10.51 which is -0.94% from the mid-rate.

Among the banks the Lloyds Bank rate is 10.05 at -5.3% the Royal Bank of Scotland rate is 10.12 at -4.6% and the Barclays Bank rate is 10.24 at -3.5% compared to the mid-rate 10.61.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Barclays Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.