Currency transfer cost
What the spread on a transfer to Thailand really costs.
Most of the cost of moving money abroad is the exchange-rate margin, not the visible fee. This shows the gap in pounds on a single transfer.
The margins start as rough placeholders. Replace them with the rates you are actually quoted to see your own numbers.
Cost of one transfer
- High-street bank£1,500
- Money transfer service£350
- Specialist FX broker£200
Cheapest vs dearest
£1,300
The difference on this one transfer, before any fixed fee. Repeated across a retirement, it compounds.
A guide, not advice. The margins shown are illustrative defaults, not quoted rates, and exclude fixed fees. Enter the rates you are quoted for your own figures.
Get a tailored read
Send your answers to Richard for a short, no-obligation note on what they mean for your situation.
