What is the
WorldRemit Send Money conversion rate for GBP to INR?
The WorldRemit GBP to INR exchange rate is 114.18. This is -1.9% compared to the latest GBP-INR mid-market rate 116.39.
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 Indian rupee (INR) rates from different sources before making a conversion.
The above
WorldRemit - Sterling to Rupee comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest GBP-INR mid-rate and the possible savings of using various providers.
How do WorldRemit GBP-INR rates compare between providers?
Looking at the
full comparison table
the best GBP to INR exchange rate is 115.87 from Wise, -0.45% from the mid-market rate 116.39. The next best rate is 115.69 from XE, -0.6% from the mid-rate. Then Currencies Direct with 115.46 is -0.8% from the mid-rate.
The Western Union rate is 114.64 which is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 108.15 at -7.1% the Royal Bank of Scotland rate is 108.85 at -6.5% and the Barclays Bank rate is 112.32 at -3.5% compared to the mid-rate 116.39.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers 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
like WorldRemit or platforms that offer rates closer to the mid-market rate.
Compare GBP to INR Transfer Rates