Interbank Australian Exchange Rate
The interbank Australian exchange rate has slowly become undone as more and more people begin to see its shortcomings. The transfer costs and the margins placed on exchange rates have made sure that the banks are not competing with the big names in exchange rates. Because of this the banks have been knocked quite far behind in the exchange rankings.
HSBC – In the top ten currency traders, HSBC has found itself offering rates that don’t compare to the cutting edge online transfer sites. HSBC offers Australian Dollars for British Pounds at 1.673. The International exchange rate for Australian Dollars is 1.777. It’s not a huge margin, but compared to the other traders it is noticeable. Where you should get AUD 177.86 for GBP 100 instead you will get AUD 167.29 for GBP 100 with HSBC.
Natwest – Similarly to HSBC, Natwest is no longer in the top rankings of the exchange market as they offer 1.667 giving you AUD 166.71 for GBP 100. You also have to go through the branches to order the currency, unlike online systems that simply require a debit or credit card and ID.
Nationwide – Only offering delivery, Nationwide offer a rate of 1.690 giving you AUD 163.05 after delivery costs.
Buying them online is a much simpler and cheaper method of purchasing Australian Dollars at a much cheaper price. A company which specialises in handling Australian Dollars at a cheap rate may also be found online but most companies look to compete with each other’s rates so there will be a good variety of choice out there.
The banks on the other hand are not able to compete on the same level as they have much more costly over heads, so always do your research in order to find your ideal currency exchange rate.
- Which Currency Exchange Business should I use?
- Why Use a Currency Exchange Service Online?
- Be wise when performing a foreign currency purchase.
- Find the Best Euro Exchange Rate Today
- Get the Best Rates for your Pounds to US Dollars Transfers
- Buy US Dollars at a Better than Bank Rate
- The Dollar Rate Today using Interbank Rates
- Find the Best Dollars to Pounds Exchange Rates
- Euros to Dollars Bank to Bank Transfers
- Todays best Euro Exchange Rate
- Interbank Euro Rate Today
- Euros to Pounds with no Fees to Pay
- Best Australian Dollar Exchange Rates with no Transfer Fees
- Interbank Australian Exchange Rate
- Buy Australian Dollars Today
- Best Currency Exchange Rates for Overseas Property Purchases
- How to Save Money in Foreign Currency Exchange
- Save Money by using a Foreign Currency Broker
- Best Rates for Foreign Currency Mortgages
- Buying Foreign Currency for your Overseas Property Purchase
- Best Currency Rates Today: What you Need to Know
- Find Information on Exchange Rates Today
- Which Online Currency Exchange Company is Best?
- Best Euro Exchange Rate Transfers with No Fees
- International Currency Transfers Choose the Experts
- Which International Currency Broker should we Use?
- Purchase Foreign Currency at Best Rates
- UK Currency Brokers: What You Need to Know
- Free Online Currency Transfers Without the Hassle
- Reliable Currency Exchange Brokers in the UK
- Buying property in Spain, get best exchange rates for euros
- For the best rate for euros do not use your bank!
- How to find the best euro currency rate online
- Which broker offers the best currency rates online
- What is the interbank rate when calculating pounds against euro currency?
- Save money when searching for the best euro v pound exchange rate
- How to get a Good Exchange Rate Euros to Pounds
- Cheaper French Property Prices as Pounds Gain and Euro Falls
- Getting Better Exchange Rates for Large Amounts of Money
- Looking for a Good Deal on Exchanging Pounds?
- What is the Best way to Transfer Money Abroad?
- Can you get a Better Exchange Rate than what the Bank Offers?
For large sums of money £5K+ we offer you a special trading rate, contact us for the rate right now!
Holiday money rates below
Todays wholesale Rates
- €1 EURO = 0.832101 GBP
- £1 GBP = 1.20178 EUR
- £1 GBP = 1.56820 USD
- $1 USD = 0.637674 GBP
- $1 AUD = 1.73378 AUD
- £1 GBP = 135.587 JPY
- £1 GBP = 2.16006 NZD
- £1 GBP = 1.61462 CAD
- £1 GBP = 2.36328 TRY
- £1 GBP = 12.1797 HKD
- Interbank rates provided for information only. These rates are a guide for today's bank to bank transfers and are not avialable for cash or holiday money transfers.
Sign Up to Receive our
daily interbank rates guide
