Currencies Direct Regular Pound to Euro Business Payments Abroad
With Currencies Direct, sending monthly business payments overseas to pay for employees, products, services, overheads or other business costs is cheaper, quicker and generally less hassle than using a high street bank service. The table below compares UK high street banking services with Currencies Direct, showing the lowest monthly transfer amounts, together with the minimum term offered for the broker or bank:
|Bank Name | FX Broker Comparison||Min. Term||Min. Amount||Comm. Fee||£ to € Rate|
|Enquire||6 months||£250||£0||€1.094 info|
|Barclays||Per Transfer||£1||*£25 to £40 info||€1.084 info|
|First Direct||Per Transfer||£1||*£25 info||€1.05 info|
|Halifax||Per Transfer||£1||*£9.50 info||€1.05 info|
|HSBC||Per Transfer||£1||*£17 to £30 info||€1.038 info|
|Lloyds Bank||Per Transfer||£1||*£30 info||€1.05 info|
|Natwest||Per Transfer||£1||*£22 info||€1.049 info|
|RBS||Per Transfer||£1||*£22 info||€1.048 info|
|Santander||Per Transfer||£1||*£19 info||€1.05 info|
*Note: Commission fees are based on the bank or broker’s standard method of transferring money overseas to other currencies (example: GBP to EURO / EURO to GBP).
Currencies Direct Business Transfers or Regular Payments Abroad
For businesses who transfer regular amounts overseas to make payments in the euro or other popular European currencies, using a currency broker like Currencies Direct is a money saving decision if your monthly transfers exceed £250. For smaller amounts you’ll have to continue using a local bank service.