Deutsche Postbank Money Transfer – EUR vs GBP Currency Rates
Germany’s Deutsche Postbank charges around 2.5% margin or exchange rate for bank money transfers to or from the euro EUR and the UK pound GBP, you can beat those rates and save when sending money abroad. Making a transfer to or from euros using Deutsche Postbank’s service could potentially lose thousands of euros or UK pounds GBP because high rates exchange less on conversion:
| DEUTSCHE POSTBANK | MIN. TRANSFER | SPEED | *GUIDE RATES | TRANSFER INFO |
|---|---|---|---|---|
| EUR/GBP | no minimum | 5/7 DAYS | £0.841 | contact bank |
| EUR/GBP (BROKERS) | £100 | 1 DAY | £0.857 | RATE DETAILS |
| GBP/EUR | no minimum | 5/7 DAYS | €1.13 | contact bank |
| GBP/EUR (BROKERS) | £100 | 1 DAY | €1.151 | RATE DETAILS |
Deutsche Postbank Euro to UK Pound best exchange rate is £0.857 – 23/04/2024
Using Deutsche Postbank currency exchange services, the Euro EUR to UK Pound GBP rate is currently £0.841 – Moreover, using an FX broker for the currency transfer, the exchange rate would achieve around £0.857 – EUR/GBP.
Transfer exchange rates are calculated and updated hourly (Monday to Friday) from 8 am to 4 pm UK – GMT
Exchange rates can sometimes change and sadly banks do not always inform us when they alter them (especially if they raise exchange rates, rather than lower them). A lower foreign exchange rate will typically get you a better deal when sending money to/from euro or UK Pounds GBP. The recommended foreign exchange companies listed on our website can save you money and time with your international currency transfer requirements.
Euro Transfer to your Deutsche Postbank Account in Germany? European Bank Rates Quick Search
If you are transferring funds from a European bank to your Deutsche Postbank account, you can easily find the overseas bank foreign exchange rates by visiting the European bank rates area.
Deutsche Postbank vs Currency Brokers
1: High street banks will charge an additional commission fee when sending money abroad into another currency. Private brokers offer commission free currency transfers for all transactions that meet their minimum transfer amount.
2: International money transfers sent via Deutsche Postbank could take longer to arrive than using a private broker, and unless you pay a premium, most high street banks will take from 3 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction between 1 to 3 days.
