Looking to transfer money from Euros to Pounds at competitive rates of exchange? It may be that you are sending money to a family member or friend in the UK, or paying instalments on a property. Whatever your reasons for making Euro to Pound conversions we are able to assist you with this transaction, and make the process budget friendly and more simplistic. All our international transfers are made at competitive exchange rates with low transaction fees.
The Pound Sterling , which is more commonly referred to as the Pound, is the official currency of the United Kingdom, the Isle of Man and the Channel Islands and the British Overseas Territories of South Georgia and the South Sandwich Islands, British Antarctic Territory and Tristan da Cunha. The Pound is subdivided into 100 Pence. Following the US Dollar, the Euro and the Japanese Yen the Pound is the fourth most traded currency in the foreign exchange market.
A transfer from EUR to GBP can be processed through a variety of mediums so it is essential that your choice of a money sending agent is informed by knowledge of the various options available to you.
Banks and money sending bureaus are commonly used agents to process this international money transaction, however these are an expensive way to make Euro to Pound transfers as they offer poor exchange rates and significant transfer fees are applied.
Choosing a foreign exchange broker like RationalFX enables you to avoid such costly options as we reduce the excessive transfer fees many money sending agents apply, and we offer competitive exchange rates for Euros to Pounds transfers, which result in your Euro going further and more Pounds being transferred.
Your transaction is made simpler, and you can process the transfer more conveniently due to our online payments service. Once we are in possession of the information required to process the transfer we will make the payment on your behalf, taking the funds directly from your account.
We will need:
- Your bank account details
- The recipient’s bank account details
- The IBAN and SWIFT code of the recipient’s bank.