I'm trying to withdraw some money from Barclays currency account, but I don't know how without losing so much on the unfair conversion rate.
For example, I've found the following rates (as per 23/03/15) for PLN:
- PL's kantor.pl: 1000GBP = 5597PLN
- PL's Alior Bank: 1000GBP = 5597.6PLN
- UK's Travelex: 1000GBP = 5285PLN
- UK's Barclays: 1000GBP = 5211PLN
and I'm basically happy with 5.2ish rate.
However when I'm trying to transfer PLN into another GBP account, the rate is completely different (5.8673) than above and it looks like I'm losing over 600PLN on a single transaction, so I'm disappointed. How come?
Why the rate is so much different and how I can perform withdrawal of PLN sum (from the currency account) with the lower rate (by having GBP in cash)?