For reference I paid a flat £6 fee and got a rate of 1.32710 USD/GBP on 16th August. This was a SWIFT/CHAPS transfer from the US to my bog standard Barclays Bank current account.
Their listed FX Reference Rate on that day was 1.2916 USD/GBP and their FX Margin Percentage was 2.75% (these combine to make the 1.32710 USD/GBP rate they did the conversion on).
So if I'd transferred $10k I'd have paid £6 plus (10k/1.2916)-(10k/1.3271) =~ £200 in fees.
If I was transferring $100k I'd probably pay a bit more attention.
For reference I paid a flat £6 fee and got a rate of 1.32710 USD/GBP on 16th August. This was a SWIFT/CHAPS transfer from the US to my bog standard Barclays Bank current account.
Their listed
FX Reference Rate
on that day was1.2916 USD/GBP
and theirFX Margin Percentage
was2.75%
(these combine to make the1.32710 USD/GBP
rate they did the conversion on).So if I'd transferred $10k I'd have paid £6 plus (10k/1.2916)-(10k/1.3271) =~ £200 in fees.
If I was transferring $100k I'd probably pay a bit more attention.