What is the
best Send Money conversion rate for GBP to USD?
The best GBP to USD exchange rate is 1.3497 from Wise. This is -0.45% compared to the mid-market rate 1.3558.
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 US dollar (USD) rates from different sources before making a conversion.
How do Regions Bank GBP-USD rates compare between providers?
Looking at our comparison table the best GBP to USD exchange rate is 1.3497 from Wise, -0.45% from the mid-market rate 1.3558. The next best rate is 1.349 from OFX, -0.5% from the mid-rate. Then Currencies Direct with 1.3488 is -0.52% from the mid-rate.
The Western Union rate is 1.3423 which is -1% from the mid-rate.
Among the banks the Lloyds Bank rate is 1.2874 at -5% the Royal Bank of Scotland rate is 1.2955 at -4.4% and the Barclays Bank rate is 1.3084 at -3.5% compared to the mid-rate 1.3558.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Regions 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.
Compare Rates
The Regions Bank - Sterling to Dollar comparison table
above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Regions Bank and other foreign exchange providers against the latest GBP-USD mid-rate and the possible savings of using various providers.