GBP to EUR Exchange Rate Today
Real-time British Pound to Euro rates for import/export businesses. Save 75% vs traditional banks.
This is the real rate. Your bank shows you a different number — with 2-4% added to their margin. On £100k, that's £2,000-£4,000 you never see.
Bank vs Unicorn Currencies
See exactly how much you save on a £150,000 transaction
| Cost Item | Traditional Banks | Unicorn Currencies |
|---|---|---|
| Transaction Size | £150,000 | £150,000 |
| FX Spread | 2% | 0.5% |
| Payment Fee | £25-40 | £5 |
| Total Cost | £3,030 | £755 |
| YOUR SAVINGS | — | £2,275 (75%) |
| Settlement Speed | 2-3 days | T+0 (2.3s avg) |
Enterprise Transaction Examples
Savings vs traditional banks on typical enterprise transaction sizes
Volume-Based Pricing
| Annual FX Volume | Unicorn Currencies spread | Annual Savings |
|---|---|---|
| £1M - £5M | 0.50% | £20,000+ |
| £5M - £10M | 0.45% | £102,500+ |
| £10M - £25M | 0.40% | £262,500+ |
| £25M+ | Custom | Contact us |
Minimum: £1M annual FX volume
Common Use Cases for GBP/EUR
What Businesses Use This Corridor
Pay European suppliers, freight forwarding, manufacturing
- Manufacturing
- Freight Forwarding
- Food & Beverage Import
Typical Monthly Volume: £400k-£4M
Local Payment Rails in EUR
Avoid SWIFT fees by using local payment systems:
- SEPA - Faster settlement, lower fees
- Target2 - Faster settlement, lower fees
- EBA Clearing - Faster settlement, lower fees
Traditional banks use SWIFT (3-4% fees). We use local rails where possible for T+0 (2.3s avg) settlement.
Why Choose Unicorn Currencies for GBP/EUR
Real-Time FX Exposure Tracking
Upload supplier invoices in EUR. See live P/L as GBP/EUR rates move. Know exactly what waiting costs you.
15-Second Rate Locks
Lock the GBP/EUR rate for 15 seconds. Time to calculate margins, check inventory, and confirm with your team before committing.
75% Lower Costs
Save £2,275 on every £150,000 transaction. On £400k-£4M monthly: save £11,375-£113,750 annually.
Frequently Asked Questions
What is the current GBP to EUR exchange rate?
The current British Pound to Euro exchange rate is 1 GBP = 1.1850 EUR. This rate is fetched from our treasury system in real-time when you load the page during market hours (Monday-Friday).
How much does it cost to convert GBP to EUR?
Unicorn Currencies charges a 0.5% FX spread plus a £5 payment fee. On a £150,000 transaction, you save £2,275 (75%) compared to traditional banks which charge 2% spread plus £25-40 fees.
How fast can I send money from GBP to EUR?
Payments settle in T+0 (2.3s avg). We use local payment rails (SEPA, Target2, EBA Clearing) instead of SWIFT, which is why we're 10-50x faster than traditional banks.
Who uses GBP to EUR exchange services?
This currency corridor is popular with Manufacturing, Freight Forwarding, Food & Beverage Import. Pay European suppliers, freight forwarding, manufacturing. Typical monthly volume ranges from £400k-£4M.
The Question Most Importers Never Ask Their Bank
“What is your actual FX spread on this transaction?” Try asking. Watch what happens.
Most banks won't give you a straight answer. Talk to our treasury team and we'll show you the real number.
$1M+ in GBP/EUR Payments? Save 75%
Enterprise treasury platform for import/export businesses with $1M+ annual FX volume
Unicorn Currencies works exclusively with businesses doing $1M+ annual FX volume.