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What is the Interbank rate?

The interbank rate is the rate at which banks sell currency to each other, typically for amounts over £5million. All currency converters show this rate.  Typically World First takes a much smaller margin (or “spread”) compared to traditional banks which is why we're able to offer you such a good deal and you can save money when transferring money overseas with us.

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The currency markets never sleep. Stay one-step ahead with the latest rate movements and market news.