SpareBank 1 SMN Money Transfer – NOK vs GBP Currency Rates
Norway’s SpareBank 1 SMN charges around 3.7% margin or exchange rate for bank money transfers to or from the Norwegian Krone NOK and the UK Pound GBP, you can beat those rates and save when sending money abroad. Making a transfer to or from Norwegian Krone using SpareBank 1 SMN’s service could potentially lose thousands of Norwegian Krone NOK or UK Pound GBP because high rates exchange less on conversion:
| SPAREBANK 1 SMN | MIN. TRANSFER | SPEED | *GUIDE RATES | TRANSFER INFO |
|---|---|---|---|---|
| NOK/GBP | no minimum | 5/7 DAYS | £0.071 | contact bank |
| NOK/GBP (BROKERS) | £100 | 1 DAY | £0.073 | RATE DETAILS |
| GBP/NOK | no minimum | 5/7 DAYS | kr 13.088 | contact bank |
| GBP/NOK (BROKERS) | £100 | 1 DAY | kr 13.495 | RATE DETAILS |
SpareBank 1 SMN Norwegian Krone to UK Pound best exchange rate is £ 0.073 – 23/04/2024
Using SpareBank 1 SMN currency exchange services, the Norwegian Krone NOK to UK Pound GBP exchange rate is currently £ 0.071 – Moreover, using an FX broker for the currency transfer, the exchange rate would achieve around £ 0.073 – NOK/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 Norwegian Krone NOK or the UK Pound 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 SpareBank 1 SMN Account in Norway? European Bank Rates Quick Search
If you are transferring funds from a European bank to your SpareBank 1 SMN account, you can easily find the overseas bank foreign exchange rates by visiting the European bank rates area.
SpareBank 1 SMN 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 SpareBank 1 SMN 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.
