Santander Foreign Exchange Rates

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Santander International Payments Exchange Rates?

Santander Foreign Exchange Rates is one of UK’s leading banks, offering not one but two options for transferring money overseas. Clients can either choose to make an International Payment or send a Sterling Payment while sending money out of UK.

All payments need to be done at a branch of Santander and all that a client needs to provide is the Debit Card and a proof of identification. The Santander website does not display live currency exchange rates. The displayed rates are an indication of what the client might be expecting to receive. The client needs to be an existing customer of the bank in order to make the payment overseas.

Santander offers a choice of 13 different currencies when a client chooses to send an International Payment. The client can choose from Australian Dollar, Canadian Dollar, Euro, Japanese Yen, South African Rand and various other types of currencies to make an international payment. A Sterling Payment option only used where the overseas bank accepts sterling payments.

Santander International Payments Exchange Rates

If such a payment made outside the European Economic Area. Then the client might have to pay a charge which deducted by the correspondent bank or the beneficiary bank. The bank does not have control over the amounts charged by these banks. Sterling Payments sent outside the European Economic Area normally take up to 5 days to reach.

Though Santander exchange rates engages in currency exchange transactions, they limited to a fraction of the currencies they deal with. Moreover, exchange rates offered by Santander are difficult to find online. Hence one should go to the local branch regarding any enquiries related to foreign exchange. Santander bank exchange rates have been offering services in money exchange for quite some time now and though they are a bit restricted in their approach, their services are impeccable and satisfactory.

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