|Minimum Age||18 years|
|Minimum Age||18 years|
|Open to Non-UK Residents|
Visit each company's website and get an online quote, which will tell you:
The exchange rate they offer to transfer your pounds into Sri Lankan rupee
The fees they charge for transferring your money to Sri Lanka, if any
The best deal will be from a transfer company that offers you the highest exchange rate and the cheapest fee for sending your cash abroad.
Every company in this comparison lets you make single payment transfers to Sri Lanka, but some let you plan regular payment transfers over a set term.
It usually takes three to five working days for your money to arrive in your Sri Lankan account, but some companies offer a same day transfer option for an extra fee.
Yes, but they are not always listed in your quote:
Transfer fees: This is always shown on your quote. You can also see each company's transfer fee in this comparison.
Commission: This is a hidden administrative cost used by transfer companies to help calculate the exchange rate they offer you.
Get as many quotes as you can to compare the cost of the transfer you want to make, including any fees.
Choosing an online foreign exchange company to transfer your money to Sri Lanka is usually better than using your bank, because:
They usually offer the best exchange rates on the market
The rates they offer you are up to date
Most take three to five working days, although they can take up to two weeks. Check with the transfer company before you send your money.
They deduct their costs from the interbank rate (the rate banks use to exchange currencies with one another) to give you a personalised rate.
Some transfer companies only let you send money to an account in your own name. Check this before sending your money to avoid any delays.
Yes, your money is kept separate to a transfer company's operational money, meaning you have a better chance of getting your money back if they go bust.
We have commercial agreements with some of the companies in this comparison and get paid commission if we help you take out one of their products or services. Find out more here.
You do not pay any extra and the deal you get is not affected.
Last updated: 12 October, 2021
Comparing money transfers could help you save money. Our award-winning money transfer comparison service makes sure you get our best exchange rate with the lowest fees. Our aim is to provide you with the most up-to-date information, as well as useful tools and calculators to help you make life's most important decisions and take control of your money.
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