Hmmm I worked out the amount to receiver figure as a % of the exchange rate figure taken from xe.com.

7056.82 - 6951.13 = 105.69 / 7056.82 * 100 = 1.4977%

You are right though, there is a £3.90 charge and a poorer exchange rate.
So I think I understand now that the sender receives a 3.9% fee and the receiver suffers a 1.5% fee on top.

Looking at the localbitcoins options I don't think that it is currently competitive for someone looking to remit money to their homeland from a developed nation. I have never seen a bitcoin ATM, but from what I have seen online, they don't typically have very flattering buy/sell margins either.

So, if this is something that we are going to do..... what's the plan Andreas?