Citi Handlowy – PLN Exchange Rates

Citi handlowy overseas euro money transfer alternatives

Beat Citi handlowy exchange rates when making a Polish zloty (PLN) money transfer to or from an overseas bank and your account in Poland – (Expats also use this service to send Polish zloty, euro, UK pounds and other popular currencies back to their Polish accounts at Citi handlowy).

Citi handlowy – Polish Zloty (PLN) vs European Currency Exchange Rates

POPULAR POLISH ZLOTY (PLN) EXCHANGE RATES – CHF CZK DKK EUR GBP HUF NOK SEK

UK pound sterling (GBP) to Polish zloty (PLN) currency rates are updated daily at 09:00 GMT.

Exchange rates can sometimes change and sadly banks do not always inform us when they alter them (especially if they raise exchange rates, rather than lower them). A lower foreign exchange rate will typically get you a better deal when sending money to/from Polish zloty. Specialist foreign exchange companies including can save you money and time on the transaction.

About Citi Handlowy

Citi Handlowy is a Polish bank which combines the experience and the best traditions of Poland’s banking with a modern model of finance. Citi Handlowy was set up as a result of the merger of Bank Handlowy w Warszawie SA and Citibank Poland SA in 2001. It is one of the oldest banks in Poland and Europe and is the 10th largest bank in Poland in terms of assets, and 18th in terms of number of branches.

UK Pound & Zloty Transfer to/from Citi Handlowy Poland

Making a transfer to or from the Polish zloty using a bank service could potentially lose you thousands of pounds due to the poor FX margin rate offered. Private currency brokers offer a much more competitive rate of exchange.

Example: Currencies Direct are one of the UK’s leading and largest foreign currency exchange specialists assisting private individuals and businesses with their foreign currency transfers to and from most countries worldwide including a money transfer service to Polish high street banks.

UK bank to Citi Handlowy account v Currency Brokers

1: Bank money transfer information: For overseas money transfers, you will need to be an existing bank account holder with this provider to use their services. General Guidelines – High street banks also charge a commission fee when sending money abroad into another currency – Private brokers offer commission free currency transfers typically over a value of £5000 or zl26108.527 Polish zloty. Bank transfer commission fees range from £15 to £30 depending on the bank.

2: Unless you pay a premium, high street banks will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction between 1 to 3 days.

Sending Money Abroad with Citi Handlowy

To transfer funds abroad from your Citi Handlowy bank account, you have to visit a Citi Handlowy office. You will need to present/submit:

1: Identity document (e.g., passport);
2: Recipient’s account number (20 digits), last name and first name (patronymic, if any) in Latin alphabetic characters;
3: Recipient bank details (SWIFT, name, city and country of the bank).
4: Tell the bank officer the transfer details.
5: Submit the transfer amount to the Citi Handlowy cashier along with the transfer fee.