There are several ways to save on exchange rates when converting Pound Sterling to Canadian dollar: How to get a good GBP to CAD exchange rate

Our research shows that on average, Lloyds Bank's markup on their foreign exchange rates is somewhere between 3.5 - 8%, depending on the amount you're sending, where you're sending it to and which currency will be received.Įxtra Fees for Branch and Telephone: less than £5,000 is £20 and £5,000 or over is £35 However, the true cost is in the exchange rate markup plus any correspondent and recipient bank charges. Lloyds Bank state that they don't charge extra fixed fees for Online overseas transfers. This transparency allows customers to compare the cost of their transfer with other providers and choose the most cost-effective option for their needs. Lloyds Bank does provide customers with a clear breakdown of the fees associated with each transfer, including any exchange rate margins, transfer fees, and other charges. Lloyds Bank's foreign exchange rates for money transfers compare favorably with other major banks but not so well when compared to currency exchange specialists. Customers can use the bank's online or mobile banking platform to initiate an IMT, or they can visit a branch in person to request a transfer. Lloyds Bank provides a range of financial products and services, including international money transfers (IMTs). Lloyds Bank has the largest number of retail customers in the UK, with over 13 million customers.

If you are a Lloyds Bank customer and looking to send money overseas through an International Money Transfer (IMT) or get some travel money, you can use the comparison table snapshot below for an indication of how Lloyds Bank exchange rates compare to alternative FX providers. Sainsbury's Bank Travel Money Card™ is issued by PrePay Technologies Limited pursuant to license by Mastercard International.Lloyds Bank Exchange Rates - Are you getting a good deal? You need to tell us your Nectar card number at the time of your transaction. Exchange rates may vary depending on whether you buy instore, online or by phone. Excludes travel money card home delivery orders and online reloads. **Nectar members receive better exchange rates on single purchase transactions of all available foreign currencies. Your order should be collected within 72 hours or will be subject to cancellation. Your order will be available from 2pm on your chosen collection date. If you selected tomorrow or a future date your order will be ready from 10am on your chosen collection date. Remember to check the bureau opening hours before collecting your order. Please allow at least 4 hours for your order to be processed. If you selected same-day collection your order will be available 4 hours from the initial order confirmation email received or if your order was placed before 6 am then the earliest your order will be available to collect is from 10am. A valid telephone number is required for home delivery.įor Euro, US Dollar and Travel Money Card only: All home delivery orders are sent via Royal Mail Special Delivery, unless we advise you otherwise, to your billing address, and a signature will be required upon delivery. The delivery day quoted is dependent on the order day being a working day if one of those days is a public holiday then additional day(s) will be added accordingly. The minimum order for home delivery is £100.

Delivery is free on all cash orders £400 or more (£4.99 for orders between £100 and £399.99). Highlands and Islands (including Channel Islands) are not guaranteed next day delivery. Please note that whilst Royal Mail make every effort to delivery on schedule, we cannot guarantee this as it is beyond our control. For next day delivery your order needs to be confirmed before 2pm (Mon- Fri). *You can order currency for a secure home delivery by 1pm on the day of your choice by Royal Mail (Mon- Sat). Saint Vincent and the Grenadines - East Caribbean Dollar (XCD) Saint Lucia - East Caribbean Dollar (XCD) Saint Kitts and Nevis - East Caribbean Dollar (XCD) Korea, Republic of - South Korean Won (KRW) Holy See (Vatican City State) - Euro (EUR) Antigua and Barbuda - East Caribbean Dollar (XCD)ĭominican Republic - Dominican Peso (DOP)

Lloyds currency converter calculator