Top 10 Money Transfer Services - UK - Mar. 2024

All listed services are safe & regulated
Get bank beating rates on your transfer
Fast mobile transfers
Available on:
Best for transfers above £8K
1
Transfer Fees: Low
Score
9.8
Special rates for sending large transfers
Dedicated team for sending over £40K a year
i
GBP
EUR
Low Charges
GBP
USD
Low Charges
2
Transfer Fees: Low
Score
9.5
Batch Payments in Multiple Currencies
Dedicated account manager for each transfer above £2K
i
EUR
GBP
Low Charges
GBP
USD
Low Charges
3
Transfer Fees: Low
Score
9.2
Forward contracts for up to 24 months
Personal currency expert at every step
i
GBP
EUR
Med Charges
GBP
AUD
Med Charges
Best for transfers up to £3K
4
Transfer Fees: Low
Score
8.8
Same day express transfers
i
GBP
PHP
Low Charges
5
Transfer Fees: Med
Score
8.4
Offers travel card on Google wallet
i
GBP
EUR
Med Charges
6
Transfer Fees: Med
Score
8.2
A global expert team available 24/7
i
GBP
AUD
High Charges

Advertiser Disclosure

Top10moneytransfer.com is an independent professional comparison site that provides users with free and valuable information on leading money transfer services. Top10moneytransfer.com is supported by referral fees from listed companies. We do not provide a listing of each and every company in the market. We do not guarantee 100% accuracy of the information. The information which appears on this site is subject to change at any time. We aim to help users make an informed choice that best suits their particular needs.

Advertiser Disclosure

Top10moneytransfer.com is an independent professional comparison site that provides users with free and valuable information on leading money transfer services. Top10moneytransfer.com is supported by referral fees from listed companies. We do not provide a listing of each and every company in the market. We do not guarantee 100% accuracy of the information. The information which appears on this site is subject to change at any time. We aim to help users make an informed choice that best suits their particular needs.
Service
Features
Charges
Score
Regulation
Transfer Money Now
Best for transfers above £8K
1
Special rates for sending large transfers
Dedicated team for sending over £40K a year
Over 52K 'Excellent' 5-star TrustPilot ratings
Strong, enterprise-grade security measures
GBP
EUR
Low
GBP
USD
Low
GBP
AUD
Low
FCA, FinCEN, ASIC
Time to Open Account
Up to 2 min
Sending Options
Bank Account
Debit or Credit Card
Wire Transfer
Receiving Options
Bank Account (up to 4 days)
Required Documents
ID, Proof of Address
Live
Rates
24/7 Expert
Support
Forward Orders &
Regular Payments
62,097 Reviews | Excellent
2
Batch Payments in Multiple Currencies
Dedicated account manager for each £2K+ transfer
High credit rating (Dun & Bradstreet)
EUR
GBP
Low
GBP
USD
Low
GBP
CAD
Low
FCA, FinCen, FSCA
Time to Open Account
Up to 2 min
Sending Options
Debit Card
Bank Account
Receiving Options
Bank Account
Required Documents
ID, Proof of Address
Spot Contracts
& Forward Contracts
Rate
Alerts
5 Star
Trustpilot
3
Personal currency expert at every step
Forward contracts for up to 24 months
GBP
EUR
Med
GBP
AUD
Med
FCA, ASIC, MAS
Time to Open Account
Up to 3 min
Sending Options
Debit Card
Bank Account
Receiving Options
Bank Account
Required Documents
ID, Proof of Address
Spot Contracts
& Forward Contracts
Phone
Support
Limit
Orders
6,252 Reviews | Excellet
Best for transfers up to £3K
4
Fee free on 1st transfer
Door to door cash delivery option
GBP
PHP
Low
FCA
Time to Open Account
3 min
Sending Options
Credit/Debit Card
Bank Account
Receiving Options
Bank Deposit
Cash Pickup
Mobile Money
Home Delivery
Required Documents
Bank statements, ID Documentation
Mobile
Transfer
Phone
Support
Two-Factor
Authentication
5
Offers travel card on Google wallet
Holds more than 50 currencies
GBP
EUR
Med
FCA
Time to Open Account
A few minutes
Sending Options
Bank account
Credit/Debit Card
PISP
Swift
Google/Apple Pay
Receiving Options
Bank account
Required Documents
ID Documentation, Proof of Address
Travel Money
Mobile/App
Transfers
Multi-Currency
Card
3,045+ Reviews | Excellent
6
Pay & get paid with a global account
Transfer Money in 55+ Currencies
GBP
AUD
High
FCA, ASIC
Time to Open Account
Up to 3 min
Sending options
Wire Transfer
Debit Card
Receiving Options
Bank Account
Required Documents
ID Card, Proof of Address
Local Account
Solutions
Mobile
Transfers
Locked-in
Exchange Rates
4,801 Reviews | Excellent

Latest Reviews

"After many hours of researching my best options for funding my daughter's overseas tuition, I went with XE.com and I am very satisfied with the cost being minimal and the process expedient."

Pros

  • UK-based customer support team of currency experts, available 24/7
  • No maximum transfer limit when paying via phone
  • More than 50,000 5-star ‘Excellent’ Ratings on Trustpilot
  • FX risk management across 139 currencies and over 200 countries
  • Custom rate alerts & market orders (when the send rate reaches your selected mid-market rate)

Cons

  • Maximum online transfer amount of GBP 350,000 (or currency equivalent)
  • Cheques and cash payments are not accepted

"Great service from Jeanette, she was really helpful in guiding me through the process and allaying any concerns and queries I had. So simple and easy, will definitely use the service again."

Pros

  • No transfer fees or hidden charges
  • Over 430,000 active clients & 25+ offices worldwide
  • £10bn transferred annually
  • Award-winning money transfer services
  • You can transfer over the phone, online, or via their app

Cons

  • Online transfer limit of £50,000 (or currency equivalent)
  • Works best for large transfers (£2000+) 

"Excellent professional and speedy service. I recommend it highly and would use again."

Pros

  • Excellent exchange rates with no transfer fees
  • Transfer 24/7 online, by phone or through the app
  • No transfer limit over the phone
  • Multiple award-winning money transfer services (2016-2022)
  • Specializes in larger trades (£2000+)

Cons

  • Transfer limit of £25,000 online or on the app
  • Less competitive on lower value trades (below £2000)

How to Compare Money Transfer Services

Top10MoneyTransfer recommends checking the following features when comparing online money transfer companies so you can find the best provider for your international transfer.

Safety

Check your chosen money transfer provider is regulated by a government authority, to ensure your money is safe & protected when transferred. The main regulators include:

– FCA (Financial Conduct Authority), UK

– ASIC (Australian Securities and Investments Commission)

– FinCEN (Financial Crimes Enforcement Network), USA

Fees & Rates

Some money transfer services charge a fixed transaction fee, others take a percentage of the transfer sum, while some services waive the transfer fee completely. The conversion rate is another money-maker for many services and as such poses yet another crucial pricing component to examine carefully. Consider the above to find the most cost-effective solution for your transfer.

Customer Support

Check the customer support channels available are convenient for you. These generally include email, online chat, phone or online ticketing system. In addition, some money transfer services provide a personal account manager to assist with special transactions and important tasks. Try checking this beforehand, to avoid stress when you need help.

Sending & Receiving Options

It’s important to confirm the sending options offered by your preferred money transfer provider are convenient for you. You should also ensure that your recipient is able to easily collect the money sent. Common sending options include bank transfer or credit card. Common receiving options include bank transfer and cash pickup.

Transfer Amounts

Another important element to consider is the amount of money you wish to transfer. Some services offer better features and benefits for large transfer amounts or business transfers, while others better handle small transfer amounts or cash transfers. Use our comparison table to determine which provider best suits your money transfer needs.

Transfers from the UK

Safety

The FCA , the main regulatory financial authority in the UK, is responsible for monitoring activities of UK based financial services. It is highly recommended to use the services of a company registered and licensed by the FCA when making a money transfer from the UK.

Ease of Onboarding

Most top-rated UK based money transfer services offer a completely digital account opening and user-authorization process. Any required proof of ID documents can be supplied digitally, eliminating waiting times. With this option, new customers are able to complete the onboarding process online, in just a few minutes.

Fees and Rates

The UK is at the center of the modern FinTech industry, hence you can find a lot of different money transfer services to choose from. This gives users the option to use a service that charges minimal or no transaction fees combined with fair mid-market exchange rates. You can save on average up to 8 times on rates & fees by using top services like XE instead of a high-street bank such as Lloyds.

Top 3 Currency Corridors (UK)

The providers listed in our comparison offer transfers to a wide range of corridors, allowing you to send money to a large list of countries around the world. The most popular corridors from the UK are:

-GBP/EUR

-GBP/USD

-GBP/AUD