The UK to Poland is one of the top remittance corridors, with Polish migrants living in the UK sending around £600 million back home in 2011. If you need to transfer money from the UK to Poland there will be a number of services that will be able to facilitate your money transfer requirements, so you will need to consider which service will make your money transfers the most beneficial.
It is likely that your choice of money sending provider for your money transfer from the UK to Poland will depend primarily on the cost of using the service, so you will want to look for a service that charges low transfer fees and offers a great exchange rate for the Polish Zloty. Convenience and ease of use will also be factors which influence your choice, so you will want to find the service that makes transferring money easy and convenient.
So what are the options?
Previously a bank would have been the only service that would enable you to transfer money from the UK to Poland. Now there are a number of providers that offer money transfer services for this corridor, so consequently the cost of money transfers to Poland is becoming increasingly competitive.
While choosing to make your money transfer through a bank is an obvious solution, banks are not the most competitively priced services as they are known to charge large transfer fees and to offer poor PLN exchange rates. In addition to this it can take a number of days for the Polish Zlotys to the reach the recipients account, usually 3-4 working days.
Alternatively a money sending bureaux such as Western Union will be able to assist you with your UK-Poland money transfer. Although these services often provide a faster way to transfer money abroad than a bank, once again you are not likely to get the best deal for your money due to the significant transfer fees and uncompetitive Zloty exchange rates which are fixed, so you will be unable to benefit from a favourable exchange rate if one comes available.
Simple and cheaper money transfers with Xendpay…
Xendpay, the online money transfer service provider, is the ideal alternative to a bank or money sending bureau when you need to make a money transfer from the UK to Poland. Every year we help tens of thousands of individuals to make simple, fast and cheaper money transfers worldwide and the UK to Poland is one of our top money transfer corridors, with Polish Xendpay users sending £1,512 back home to Poland on average.
As we are foreign currency exchange and international money transfer specialists, we are able to reduce the costs of your money transfer to Poland because we offer you market leading exchange rates for the Polish Zloty and charge you low transfer fees that will beat most banks or money sending bureaux. Please visit our fee page to find our list of transfer fees.
Take a look at the comparison table we have put together which shows how our transfer fees currently compare to our competitors.
|Transfer £500 from the UK to Poland||Transfer fee||Total cost of transfer|
* The fees stated above are correct as of the 02/05/2012 12:25. Please be aware that these fees are subject to change.
When you choose to make your money transfer via Xendpay.com you will have access to a 24/7 online payments platform so you will be able to transfer money between the UK and Poland whenever you require.
Whether you are looking to make a one of money transfer to Poland or wish to send back money every month to relatives, to credit your account back home or to pay your bills, Xendpay will be ideal for you. Whatever your reason for transferring money from the UK to Poland and the frequency of the transfers, you will be able to save recipients to your Xendpay account and transfer money within minutes in a few simple clicks.
A further benefit of making your money transfer with Xendpay is that your money could be received much faster than if the transfer was made through a bank as we process all payments that we received before 14:00 GMT on the same working day so the money should be received in the bank account in Poland in 1-2 working days.