All the money transfer companies listed in this comparison table have anti-money laundering controls in place.
TorFX Currency Transfer
Transfer FeesTransfer AmountTransfer FundsTransfer Options
£0£500+online & by phonesame day
regular payment facility
Free transfers on all transactions with excellent rates of exchange. TorFX is FCA Authorised with D&B "Rating 1" highest level of creditworthiness.
Currency Solutions Currency Transfer
Transfer FeesTransfer AmountTransfer FundsTransfer Options
£0£3,000+online & by phonesame day
regular payment facility
Rated 9.8/10 from 500 Customer Reviews and Ranked #1 in Money Transfer Category on Trustpilot.
Minimum transfer £3,000
Currencies Direct International Payments
Transfer FeesTransfer AmountTransfer FundsTransfer Options
£0£5,000+online & by phonesame day
regular payment facility
Free transfers and excellent exchange rates. FCA authorised, highest credit rating available D&B "rating 1",18 years' experience saving our customers money. Friendly, expert service with NO JARGON!
CurrencyFair International Money Transfer
Transfer FeesTransfer AmountTransfer FundsTransfer Options
£3no limitonline & by phonesame day
regular payment facility
The only site where you can request the rate at which you exchange and beat the interbank rate. 89% of customers recommend us to a friend.
Moneycorp Money Transfer
Transfer FeesTransfer AmountTransfer FundsTransfer Options
£0£1,000+online & by phonesame day
regular payment facility
Dealing in foreign exchange for over 30 years. £11bn traded last year and with the highest credit rating in the industry your money transfers are in safe hands.
HiFX Money Transfer
Transfer FeesTransfer AmountTransfer FundsTransfer Options
£0 for £3,000+£50+online & by phonesame day
regular payment facility
Over £100 billion transferred. FCA authorised. Reputation built on great rates & great service. Rated excellent & 5/5 from 6,000 Trustpilot reviews.
£9 fee for transfers below £3,000.
Post Office International Payments
Transfer FeesTransfer AmountTransfer FundsTransfer Options
£0£250+online & by phonesame day
regular payment facility
A brand that you can trust and rely upon. Service rated 100% by Feefo Customer Reviews.
Azimo International Money Transfer
Transfer FeesTransfer AmountTransfer FundsTransfer Options
varies£5+onlinesame day
regular payment facility
Azimo have lowered their pricing for USD & EUR. The spreads are now lower & it's £1 to transfer any amount. New customers use voucher code FREE for a free transfer from now until January 6th.
UKForex Personal Forex
Transfer FeesTransfer AmountTransfer FundsTransfer Options
£0£750+online & by phonesame day
regular payment facility
TransferWise Money Transfer
Transfer FeesTransfer AmountTransfer FundsTransfer Options
£1up to £1,000,000online & by phonesame day
single payments only
Best Price Guarantee provided. Currencies exchanged by interbank rates. Service rated 'Excellent' & 5/5 on Trustpilot
World First Foreign Exchange
Transfer FeesTransfer AmountTransfer FundsTransfer Options
£0£250+online & by phonesame day
regular payment facility
Book transfers by phone, or 24/7 using their best in class online platform. Fully FCA authorised service, and a National Business Awards for Customer Focus!
Western Union Money in Minutes
Transfer FeesTransfer AmountTransfer FundsTransfer Options
varies£1+online, by phone & via agentsame day
regular payment facility
Travelex International Payments
Transfer FeesTransfer AmountTransfer FundsTransfer Options
varies£300+online & by phonesame day
regular payment facility
WorldRemit Money Transfer
Transfer FeesTransfer AmountTransfer FundsTransfer Options
varies£1 to £8,000onlinesame day
single payments only
Western Union Direct to Bank
Transfer FeesTransfer AmountTransfer FundsTransfer Options
varies£1+online, by phone & via agentsame day
regular payment facility
TransferGo Money Transfer
Transfer FeesTransfer AmountTransfer FundsTransfer Options
£2.50up to £5,000onlinesame day
single payments only
money.co.uk visitors get their first transfer free! Next business day guarantee.
Western Union Account to Cash
Transfer FeesTransfer AmountTransfer FundsTransfer Options
varies£1+online, by phone & via agentsame day
regular payment facility
Halo Financial Competitive Money Transfers
Transfer FeesTransfer AmountTransfer FundsTransfer Options
£0£1,000+online & by phonesame day
regular payment facility
FCA authorised. Feefo - 214 excellent independent reviews, 5/5 customer rating. OPPGold Award. Your own FX manager to help you achieve the best rates of exchange. All in plain English and jargon-free.
Western Union Account to Account
Transfer FeesTransfer AmountTransfer FundsTransfer Options
varies£1+online, by phone & via agentsame day
regular payment facility
Global Reach Partners Currency Transfer
Transfer FeesTransfer AmountTransfer FundsTransfer Options
varies£250+online & by phonesame day
regular payment facility
Recommended by Which? Money magazine

We provide an independent comparison service free of charge but we may receive a commission from some of the companies we refer you to. These are indicated with purple buttons.

How To Send Money Abroad

by BillJ

Sending money abroad sounds both complex and expensive but it needn't be; we take a look at the how you can go about getting the best international money transfers online.

Professional Woman Coffee Cup

Whether you want to move your savings, transfer your pension or make a significant purchase overseas, getting the best deal is vital to keep hold of as much of your money as possible.

Using an online money transfer overseas service can give you access to prices unavailable to high street providers, it's for this reason they are often touted as the cheapest and the best way to send money abroad.

By comparing the packages offered by money transfer services, you can make sure your money is working as hard is it can for you when you move it to another country.

How money transfers overseas work

Money transfer services treat each transfer you want to make individually; quoting a single cost that includes all of their fees, although the exact exchange rate you'll get is often unavailable to them until the time your transfer is confirmed.

While it can be relatively straightforward to compare the cost of different money transfer services based on their overall package cost, you'll still need to take steps to make sure you choose the right deal for you.

How to compare money transfer packages

You need to make sure the providers you compare are all able to put money transfers through to your chosen country in your chosen currency.

To a large part this also governs the exchange rate you'll be able to get for your transfer, although there are still steps you can take to try and get the best rates possible.

Most money transfer services only offer their best exchange rates if you want to transfer a larger sum of money, so it always pays to compare providers' thresholds for their premium rates to see if can save by sending one larger international money transfer as opposed to several smaller amounts.

Another thing to check is how you (or whoever the recipient is) will be able to access the money that you've sent abroad. Will you need to pay any receiving fees; or will you be able to access it at all from where you'll be? You can use our comparison table to check which providers offer international money transfers online, by phone or via an agent.

You should also consider your timeframe. Standard international transfers take 3-5 working days, while next-day services usually cost an additional fee that's incorporated into the total money transfer price. n. So be sure to specify when searching if you need the money to arrive faster than the described arrival day.

This is something that you'll need to consider when comparing providers' fees.

What next?

Once you've found a number of money transfer services that meet your needs, you can compare their best deals to find the cheapest ways to send money abroad. You'll then be required to pay the full amount you want to transfer, plus fees, to the service you've chosen upfront.

Your provider will then convert the remainder into the stated currency at its eligible exchange rate, before sending the money to your specified location.