You can transfer money to the United Kingdom cheaply online through Xendpay’s online payments system. When you transfer money with us you will get a great exchange rate for the Pound and will be able to transfer money for a low fee 24/7 online.
When you need to transfer money to the United Kingdom it is worthwhile to compare the different currency exchange rates and costs for transferring sterling as there may be some hidden charges to take into account before you decide how to transfer money to the United Kingdom.
Using a high street bank to make a money transfer can seem like an easy way to transfer sterling to the UK, especially if your recipient has a bank account with Halifax or Lloyds TSB, for example. The per-transfer fees imposed by banks can add up if you need to transfer money on a regular basis which will make this a costly option.
Alternatively, Money Sending Bureaus will help you to transfer money to a recipient in the UK who does not necessarily have access to a bank account. Unfortunately these bureaus will impose per-transfer fees as high as ten to 15 per cent of the transaction which can make them a particularly expensive option, especially when you take into account the poor currency exchange rate you are likely to get on the Pound.
If you want to avoid these per-transfer fees it might be worth contacting a foreign exchange specialist like Xendpay to see if we can give you a better deal.
While the majority of foreign exchange specialists are able to offer you a competitive currency exchange rate on sterling, we can go one further by allowing you to make fee-free money transfers to the United Kingdom.