How to send money to the United Kingdom
Find out how to make a money transfer to the United Kingdom with the best GBP exchange rate in 4 easy steps
1. Check the GBP rate against the currency you want to send
Transfering money on a day where the exchange rate is favorable gives your more GBP for your money. We advise our users to subscribe to smart alerts to follow the evolution of the GBP exchange rate.
2. Select the best option by comparing the 37 available money transfer companies.
We compare 37 money transfer companies to make money transfers to the United Kingdom, such as TransferGo, TransferWise, MoneyGram, Currencies Direct, CurrencyFair. Get the most of your transfer by comparing all these providers and go with the most competitive one for your money transfer.
3. Pick the best provider for your needs
What do you value the most? Total cost, speed of the transaction, customer ratings? Evaluate the pros and cons before selecting the provider.
In addition, you may want to consider the payment solution and pay-out options. You can have money transfer providers giving you the option to wire the money from your bank account, other providers will also give you the option to pay by debit and credit cards. In United Kingdom, choose if you need the amount in GBP to be deposited on a local bank account or received in cash (from an agent location).
4. Sign up and get started wih your money transfer to the United Kingdom with the service you selected
The last step is to sign up on the money transfer provider's homepage - be aware you will often need to provide an ID and/or a proof of adress - and configure your transfer.