HBOS Bank Exchange Rates Review

Bank exchange rates are you being ripped off by your bank

HBOS Bank Foreign Exchange Rates which one of the leading banks on the UK high street. Hence, HBOS Foreign Exchange has over 1,000 branches and over 22 million customers. Which is the umbrella organisation for household names like Lloyds bank? Also, Halifax, Bank of Scotland, Birmingham Midshires, Intelligent Finance, Clerical Medical and Ensure? So you would expect with such a large organisation that you would get superior foreign exchange rates. Therefore would be able to assist on personal foreign exchange transfers. Well sadly no they are geared up in transferring money abroad but mainly for businesses.

For personal international money transfers, the group or individual companies work out expensive with no web access. And you may find out that your phone calls are long just to do one transfer.

So how expensive HBOS Foreign Exchange?
Send any amount to any destination and pay £19.50* via branch or telephone banking and £9.50 via online banking.

Sending money abroad by post - HBOS Foreign Exchange Drafts?
Send money abroad by post. Drafts are available in all major currencies and the cost of the draft depends on the amount involved. So, Current draft fees range from £6 to £15.

HBOS Bank Foreign Exchange Rates

HBOS Foreign Exchange Either way branch, telephone banking. Also online banking the currency exchange rates for HBOS Foreign Exchange are not that competitive considering the size of the organisation.

International Payments Standard Exchange Rate
Payments are processed using our standard exchange rate for international payments. Hence, The table below provides an indication of the current percentage difference between this rate. And the rate at which we buy and sell currency in the foreign exchange markets (the wholesale rate).

Payment Value in GBP

Maximum current percentage difference between our standard exchange rate for international payments and the wholesale rate

0 - £25,000 3.20%
£25,000.01 - £75,000 2.40%
£75,000.01 - £250,000 2.00%
£250,000.01 and above 1.50%

Most noteworthy,*Please note: The minimum international payment amount is £1.01, whether made online. In a branch or through Telephone Banking.

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Company Details

International Foreign Exchange

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International Foreign Exchange are located at:
52 Brook Street, Mayfair, Greater London, W1K 5DS, United Kingdom

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