GBP to Euro (EUR)
GBP to US Dollar (USD)
GBP to Australian Dollar (AUD)
GBP to Canadian Dollar (CAD)
GBP to New Zealand Dollar (NZD)
GBP to Indian Rupee (INR)
*Enter the rate provided by NatWest Online Banking or the mobile app.
Standard international payments may incur a fee (often £0 for digital payments in some currencies).
Amount Converted:£0.00
Transfer Fee:£0.00
Total Cost to You:£0.00
Recipient Receives:0.00 EUR
This calculation is an estimate. Actual NatWest exchange rates fluctuate continuously and are fixed at the moment of transaction. Fees depend on your specific account type and payment destination.
Understanding NatWest Foreign Exchange Rates
When sending money abroad through NatWest (National Westminster Bank), understanding how the exchange rate is calculated is crucial for ensuring your recipient gets the expected amount. Unlike the "mid-market" rate you might see on Google or news sites, banks typically apply a "Customer Rate."
This calculator helps you estimate the final amount your recipient will receive by inputting the specific rate offered to you in your online banking session, along with any applicable fees.
How the Calculation Works
The formula for an international payment generally follows these steps:
Principal Amount: The amount of Sterling (GBP) you wish to convert.
Transfer Fee: NatWest may charge a fee for standard international payments, though some digital payments in Euros or payments under a certain threshold may be fee-free.
Exchange Rate: This is the multiplier applied to your GBP. For example, if the GBP/EUR rate is 1.15, for every £1 you send, the recipient gets €1.15.
NatWest Exchange Rate Margins
It is important to note that the rate offered by high street banks usually includes a margin (or spread) added to the interbank rate. This margin covers the bank's costs and profit.
Standard Payments: Usually arrive within 1-4 working days.
Urgent Payments: Faster transfer times but typically incur higher fees.
Cut-off Times: Rates and same-day processing depend on the time of day the instruction is sent.
Using this Calculator
To get the most accurate result:
Log in to your NatWest online banking or mobile app.
Navigate to "International Payments" to see the live indicative rate for your transfer.
Enter that rate into the Exchange Rate field above.
Input the amount you wish to send and any fee listed by the bank.
This tool will instantly calculate the foreign currency amount based on your inputs, helping you budget effectively for overseas bills, travel money, or family remittances.
// Indicative rates for placeholder functionality (simulated data)
var indicativeRates = {
'EUR': 1.15,
'USD': 1.26,
'AUD': 1.91,
'CAD': 1.70,
'NZD': 2.05,
'INR': 105.50
};
function updateRatePlaceholder() {
var currency = document.getElementById('currencyPair').value;
var rateInput = document.getElementById('fxRate');
var rate = indicativeRates[currency];
// Update the placeholder to suggest a realistic rate
rateInput.placeholder = "e.g. " + rate;
// Optional: Auto-fill value if empty or user hasn't typed manually yet
// For better UX, we just update placeholder to guide them.
// However, let's pre-fill it for them to test immediately.
rateInput.value = rate;
}
function calculateFX() {
// 1. Get Inputs
var amountGBP = document.getElementById('sendAmount').value;
var rate = document.getElementById('fxRate').value;
var fee = document.getElementById('transferFee').value;
var currency = document.getElementById('currencyPair').value;
// 2. Validation
if (amountGBP === "" || isNaN(amountGBP)) {
alert("Please enter a valid amount to send.");
return;
}
if (rate === "" || isNaN(rate)) {
alert("Please enter the current exchange rate.");
return;
}
// Default fee to 0 if empty
if (fee === "" || isNaN(fee)) {
fee = 0;
}
// Parse numbers
var numAmount = parseFloat(amountGBP);
var numRate = parseFloat(rate);
var numFee = parseFloat(fee);
// 3. Logic:
// Case: User sends X GBP.
// Fee is usually taken *in addition* to the send amount or *from* the send amount.
// Standard bank logic: "I want to send £1000". Bank takes £1000 + £Fee. Recipient gets £1000 * Rate.
var recipientReceives = numAmount * numRate;
var totalCost = numAmount + numFee;
// 4. Update UI
document.getElementById('resAmountConverted').innerText = "£" + numAmount.toLocaleString('en-GB', {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById('resFee').innerText = "£" + numFee.toLocaleString('en-GB', {minimumFractionDigits: 2, maximumFractionDigits: 2});
document.getElementById('resTotalCost').innerText = "£" + totalCost.toLocaleString('en-GB', {minimumFractionDigits: 2, maximumFractionDigits: 2});
// Format target currency output
var targetSymbol = "";
switch(currency) {
case 'EUR': targetSymbol = "€"; break;
case 'USD': targetSymbol = "$"; break;
case 'AUD': targetSymbol = "A$"; break;
case 'CAD': targetSymbol = "C$"; break;
case 'NZD': targetSymbol = "NZ$"; break;
case 'INR': targetSymbol = "₹"; break;
default: targetSymbol = "";
}
document.getElementById('resReceived').innerText = targetSymbol + recipientReceives.toLocaleString('en-GB', {minimumFractionDigits: 2, maximumFractionDigits: 2}) + " " + currency;
// Show results
document.getElementById('result').style.display = 'block';
}
// Initialize with a default rate
window.onload = function() {
updateRatePlaceholder();
};