Banco Santander Money Transfer – EUR vs GBP Currency Rates
Spain’s Banco Santander charges around 5.0% margin or exchange rate for bank money transfers from the euro to UK pounds, you can beat those rates and save when sending money abroad. Making a transfer to or from Spain using Banco Santander services could potentially lose thousands of euros because high rates exchange less on conversion:
| BANCO SANTANDER | MIN. TRANSFER | SPEED | *GUIDE RATES | TRANSFER INFO |
|---|---|---|---|---|
| EUR/GBP | no minimum | 5/7 DAYS | £0.815 | contact bank |
| EUR/GBP (BROKERS) | £100 | 1 DAY | £0.852 | RATE DETAILS |
| GBP/EUR | no minimum | 5/7 DAYS | €1.107 | contact bank |
| GBP/EUR (BROKERS) | £100 | 1 DAY | €1.157 | RATE DETAILS |
Banco Santander Euro to UK Pound best exchange rate is £0.852 – 26/04/2024
Using Banco Santander currency exchange services, the Euro EUR to UK Pound GBP rate is currently £0.815 – Moreover, using an FX broker for the currency transfer, the exchange rate would achieve around £0.852 – 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. 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 Banco Santander Account in Spain? European Bank Rates Quick Search
If you are transferring funds from a European bank to your Banco Santander account, you can easily find the overseas bank foreign exchange rates by visiting the European bank rates area.
Banco Santander 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 Banco Santander 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.
