We only list companies that are trustworthy and appropriately licensed. Our aim is to give you a comprehensive view of the regulated money transfer marketplace.
We only list companies that are trustworthy and appropriately licensed. Our aim is to give you a comprehensive view of the regulated money transfer marketplace.
|Disclosure
MoneyTransfers aims to help users find the best money transfer provider for their needs. To support our free service, we may earn a commission from some of the providers listed in our search results. The commission may also impact the ordering of the providers shown. Our reviews are independent from this and are based on our editorial policy, research and testing of dozens of remittance providers on the market.
MoneyTransfers aims to help users find the best money transfer provider for their needs. To support our free service, we may earn a commission from some of the providers listed in our search results. The commission may also impact the ordering of the providers shown. Our reviews are independent from this and are based on our editorial policy, research and testing of dozens of remittance providers on the market.
Most transfers will arrive within minutes, and many will be instant instant.
But there's no single "fastest" option for everyone.
It depends on where you're sending, how much, and how your recipient wants to receive it.
This is why I always suggest running a quick search below to get the best deal for your specific needs.
Search Now & Save On Your Transfer
Instantly view live exchange rates, fees & features.
At a glance
Based on our live comparison data, we've found these companies to be the fastest options:
Wise: the fastest overall, with 74% of transfers arriving in under 20 seconds
Revolut: the fastest if you're an expat and your family also has it
MoneyGram: the fastest for cash your recipient can collect in person
TapTap Send: the fastest to Asia and Africa, especially mobile wallets
RegencyFX: the fastest for large transfers (£50,000+), where support matters more than raw speed
Xe: the fastest for exotic currencies most apps don't cover
Monzo: the fastest within the UK
Airwallex: the fastest for business payments
Ways to send money abroad instantly from the UK
How fast your money transfer lands on the other end depends mostly on the way money “travels” to the destination.
To a bank account
The most common method. You send, and money arrives directly to the recipient's bank account.
Speed depends entirely on the network (rails):
Send through your own bank and it goes via SWIFT, which usually takes 1 to 5 working days due to intermediaries involved.
Send the same transfer through a specialist like Wise or Revolut and it can land in minutes, because they use local bank accounts around the world.
Essentially, with specialised providers your money never crosses the border like they do with banks.
Same-provider transfer (P2P)
This is generally the fastest way to send, but it’s fairly limited.
If you and the recipient both use the same service (Wise to Wise, Revolut to Revolut), the money moves inside that provider's own system rather than crossing the banking network.
P2P transfer is instant most of the time and it’s almost always free.
The downside is that it’s largely made for the same currency transfers, but even internationally many companies have minimal or no fees, but it’s subject to the destination currency in question.
Cash transfer (for pickup)
This is the fastest, less limiting, and more traditional method but it’s a more expensive option.
Money sent for the recipient to collect in cash at an agent location, without a bank account.
Providers like MoneyGram and Western Union run large pickup networks, and funds are often ready in seconds or minutes.
It’s widely available to almost anyone, and best suited for when the recipient doesn't have a bank account or needs physical cash fast.
They'll need an ID to collect, and the name has to match exactly.
Mobile wallet
Money sent straight to a mobile money account like M-Pesa or MTN. This is huge across parts of Africa and Asia.
You send GBP to a mobile number and the recipient gets it on their phone, usually within minutes.
This method only works for supported wallets, and not all providers allow this.
TapTap Send, WorldRemit, and MoneyGram are popular options for this, all support multiple local wallets.
Compare deposit/payout options
Our now compare deposit and withdrawal options, including the mobile wallets.
The fastest ways of transferring money
Now that the basics are out of the way, here are the fastest ways to send money abroad.
But just like with all transfers, this will heavily depend on the amount you’re sending and the destination.
This is why I always to get the fastest deal today.
Overall fastest
9.2
Wise
Fees
0.1% - 2.6%
Exchange Rate Markup
0%
Transfer Speed
Minutes - 24 hours
"Over 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Fastest for expats abroad
8.8
Revolut
Fees
0.3% - 1%
Exchange Rate Markup
0.1% - 0.6%
Transfer Speed
Minutes - 5 days
"Revolut has 70+ million customers globally. You can hold up to 25+ currencies in the app and send money quickly in 25+ currencies to 140+ countries."
US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.
Instant cash transfers
7.1
MoneyGram
Fees
1% - 3%
Exchange Rate Markup
2 - 4%
Transfer Speed
Minutes - 24 hours
"Moneygram is a well established service with over 80 years in the sector. They support over 200 countries worldwide and have over 440,000 retail locations."
Fastest for Asia & Africa
8.5
TapTap Send
Fees
Exchange Rate Markup
Transfer Speed
Minutes
"Taptap Send faciliates money transfers to bank accounts & mobile money wallets on popular networks with competitive rates."
Fastest for large transfers
8.5
Regency FX
Fees
None
Exchange Rate Markup
0.2% - 1.5%
Transfer Speed
Minutes - 24 hours
Fastest for exotic currencies
8.6
Xe
Fees
$1.99 - $2.99
Exchange Rate Markup
0.3% - 2.1%
Transfer Speed
Minutes - 24 hours
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
Fastest within the UK
8.5
Monzo
Fees
Exchange Rate Markup
Transfer Speed
Notable mention for B2B transfers
Fastest B2B payments
8.8
Airwallex
Transfer Fees
No fees
Exchange Rate Markup
0.5%
Transfer Speed
Minutes - 24 hours
"Airwallex offers a comprehensive financial platform for businesses. Make global transfers to 150+ countries, receive funds in 20+ currencies. Connect with popular software for a seamless approach."
Wise is the overall fastest for most transfers
One of the fastest ways you can transfer money is through Wise.
Based on our remittance data and research, 74% of transfers land in under 20 seconds, and 95% within 24 hours.
The best part, Wise tells you exactly how long the transfer will take before you even sign up.
In my opinion, every company should follow this and display transfer times upfront.
For example, this is how long it would take to receive money with Wise when sending £2000 abroad:
In comparison, the same transfers with HSBC or Lloyds will take 3-5 working days on average.
The speed comes from the local accounts I explained above. The main delay comes from the moment you fund the transfer till it reaches Wise’s account.
To keep it fast, fund the transfer by Open Banking, debit card, or Apple Pay/Google Pay rather than with a manual bank transfer, so your money reaches Wise instantly.
In the 6 years that I’ve had Wise, I don’t think it ever delayed my deposits or transfer abroad. But I usually use their multi-currency account for transfers.
The only time it’s not the fastest is when it comes to large transfers (think £50k+).
For this you will need to use bank transfer to send money to Wise. This can cause delays, but from your bank rather than Wise.
Revolut is the fastest for expats abroad
If you live abroad, Revolut is the fastest money transfer app for sending money home, or having family send it to you.
The reason is Revolut-to-Revolut transfers (also known as P2P transfer).
If both people are on Revolut, the money moves inside their system instantly and for cheap.
To collect, the recipient will need to have their ID and their name must match exactly how it’s written on the receipt.
The reason we suggest MoneyGram and not Western Union, is because of the cost and the offers.
Both have more or less equal coverage, but MoneyGram has great offers on first time transfers.
This makes it much cheaper compared to Western Union or Ria Money.
TapTap Send is fastest for transfers to Asia & Africa
Based on our comparisons, TapTap Send is the fastest and cheapest option for South Asia and Africa.
TapTap confirmed that 95% of transfers arrived within three minutes, and around 78% in under a minute.
On the big corridors like India, Pakistan, Nigeria, Ghana, it's consistently fast. I made a few small test transfers myself and all arrived within minutes.
But, the reason I think it’s this good, is because of their mobile wallets and mobile money coverage.
TapTap Send can deliver money straight to most popular mobile wallets like MTN, Orange Money, bKash, and JazzCash.
Mobile wallets are almost always instant, but mobile wallets are not common outside Asia and Africa.
The recipient gets an SMS and the funds are there, no bank account needed.
Funding the transfer can affect how quickly your money reaches TapTap Send, and to speed it up pay by instant bank transfer (Open Banking), by debit card, or via Apple Pay/Google Pay.
The speed does drop off on less common routes and larger amounts, where transfers can sit "in progress" for hours, and support is slow to chase.
But for regular ones to the main Asia and Africa corridors it’s very fast.
For example, this is how long it would take to receive money with TapTap Send when sending £2000 abroad:
For large transfers, £50,000 and up, "fastest" stops being about delivery speed and starts being about getting it set up, having everything prepped, and cleared without any hold-ups.
Based on our analysis, RegencyFX consistently offers a smooth experience at a decent exchange rate.
To be honest, Regency FX and TorFX are equally good at this in my opinion.
The difference is mainly about the destination coverage (RegencyFX covers more).
But the downside is that currency brokers are generally slower when it comes to “raw” speed, but again, this should not matter here.
When you're moving that much, the bottleneck is rarely the transfer itself, it’s more about the checks on the way.
For example, your bank can flag the transfer, there can be AML checks, compliance issues, etc.
RegencyFX account managers will advise you on how to avoid these issues and how to speed things up.
They will handle all the prep, lock in agreed rates, and guide you through the process. You will not get this with the app based providers.
One thing you can do to speed up the transfer process is contact your bank in advance and notify them about the transfer, so they are aware.
Here's how long it would take to receive money with Regency FX when sending £10,000 abroad from the UK:
If you're sending to a less common currency, Xe is usually your fastest reliable option, simply because it reaches places most other apps don't.
Xe covers over 190 destinations and 100+ currencies, one of the widest networks in the industry, especially for an app / online based money transfer company.
Which in practice means they are the fastest for the destinations no one else covers (other than the brokers).
But even then, we’ve analysed all their corridors and on average, they are just as fast as other options if not faster.
Over 90% of Xe transfers complete within 24 hours, and card-funded transfers are quicker than bank transfers.
This is how long it would take to receive money with Xe when sending £2000 abroad:
The downside is the cost, it’s usually a bit more expensive so it makes sense to use for medium sized amounts.
Monzo is the fastest within the UK
If you're paying someone in the UK, a traditional bank transfer is about as instant as it gets.
I think Monzo is great for this, but in reality any UK bank is fast for transfers within the UK.
Monzo runs on Faster Payments, so money to another UK account lands in seconds, any time of day, including weekends, with none of the cutoff times that slow down some older banks.
Monzo-to-Monzo payments are instant too, and you get a real-time notification the moment money is sent.
When it comes to business, it’s more about making multiple payments fast and cheap.
From our analysis and comparisons, Airwallex is one of the fastest options for this.
The speed comes from the local accounts.
Airwallex gives you 12 of them across the US, UK, Europe, Asia and more, so paying a supplier or contractor abroad is a local transfer at their end, not a slow SWIFT.
Local-account transfers usually arrive the same day. You can also run batch payments to up to 1,000 recipients at once, so payroll or a run of supplier payments goes out in one go rather than one by one, making it much faster.
However, transfers to countries with weaker banking infrastructure (parts of Africa and South America) can take up to five days, and anything routed via SWIFT is slower and carries a $10 to $25 fee.
So the same-day speed applies to the major local-account corridors, not universally.
This is why it’s important to .
Fastest services by destination
As I mentioned throughout this page, destination is the main factor behind instant money transfers.
Here are a few examples directly from our live comparisons for popular destinations from the UK and a transfer of £1,000:
*Based on our live comparisons. Speed and companies update weekly.
Why not just use a bank?
You can send an international transfer through your bank. It's just the slowest and most expensive way to do it.
Inside the UK, banks are really fast and a normal transfer runs on Faster Payments Service (FPS) which lands in seconds.
But that speed is domestic only, meaning inside the UK.
The moment your money leaves the country, it switches to SWIFT, a global messaging network that “hops” your payment through a chain of intermediary banks before it reaches the recipient.
Each “hop” takes time and takes a small cut.
That's why a bank transfer abroad typically takes 1 to 5 working days, while a specialist gets it there in minutes.
And as I explained above, with money transfer companies, your money never crosses the border, making it faster (and cheaper).
Here's how Barclays and HSBC compare to the best money transfer apps in terms of speed and how much you get (use the tabs to switch amounts):
Last updated at 16/09/2026
GBP USD
Mid Market Rate£1 = $1.3484£1 = $1.3482
Transfer Amount£1,000£10,000
1
Revolut
2
HSBC
3
Wise
4
Barclays
1
HSBC
2
Wise
3
Revolut
4
Barclays
They get
Delivery Time
Exchange rate
Markup
Transfer fee
$1,344.04
Same day
1.3461
0.17%
£1.50
$1,343.99
Minutes - 5 days
1.3440
0.33%
£0.00
$1,342.30
Same day
1.3485
-0.01%
£4.60
$1,314.98
Minutes - 5 days
1.3150
2.51%
£0.00
$13,439.95
Minutes - 5 days
1.3440
0.32%
£0.00
$13,433.77
Same day
1.3483
0.00%
£36.88
$13,323.76
Same day
1.3465
0.13%
£105.00
$13,149.75
Minutes - 5 days
1.3150
2.50%
£0.00
GBP EUR
Mid Market Rate£1 = €1.1675£1 = €1.1676
Transfer Amount£1,000£10,000
1
Revolut
2
Wise
3
HSBC
4
Barclays
1
Wise
2
Revolut
3
HSBC
4
Barclays
They get
Delivery Time
Exchange rate
Markup
Transfer fee
€1,165.49
Within minutes
1.1655
0.17%
£0.00
€1,163.02
Within minutes
1.1675
0.00%
£3.81
€1,138.16
Minutes - 5 days
1.1382
2.54%
£0.00
€1,131.96
Minutes - 5 days
1.1320
3.09%
£0.00
€11,636.39
Within minutes
1.1675
0.01%
£33.41
€11,554.45
Within minutes
1.1659
0.14%
£90.00
€11,381.64
Minutes - 5 days
1.1382
2.55%
£0.00
€11,319.63
Minutes - 5 days
1.1320
3.09%
£0.00
GBP AUD
Mid Market Rate£1 = $1.8909£1 = $1.8912
Transfer Amount£1,000£10,000
1
Revolut
2
Wise
3
HSBC
4
Barclays
1
Wise
2
Revolut
3
HSBC
4
Barclays
They get
Delivery Time
Exchange rate
Markup
Transfer fee
$1,885.52
Same day
1.8884
0.13%
£1.50
$1,883.88
Within minutes
1.8911
-0.01%
£3.81
$1,861.93
Minutes - 5 days
1.8619
1.55%
£0.00
$1,826.10
Minutes - 5 days
1.8261
3.49%
£0.00
$18,852.51
Within minutes
1.8914
-0.01%
£32.51
$18,683.65
Same day
1.8882
0.16%
£105.00
$18,619.26
Minutes - 5 days
1.8619
1.56%
£0.00
$18,260.95
Minutes - 5 days
1.8261
3.50%
£0.00
GBP CAD
Mid Market Rate£1 = $1.8772£1 = $1.8774
Transfer Amount£1,000£10,000
1
Revolut
2
Wise
3
HSBC
4
Barclays
1
Wise
2
Revolut
3
HSBC
4
Barclays
They get
Delivery Time
Exchange rate
Markup
Transfer fee
$1,871.87
Within minutes
1.8747
0.14%
£1.50
$1,869.95
Next day
1.8774
-0.01%
£3.99
$1,855.33
Minutes - 5 days
1.8553
1.18%
£0.00
$1,819.32
Minutes - 5 days
1.8193
3.13%
£0.00
$18,712.83
Next day
1.8774
0.00%
£32.69
$18,555.70
Within minutes
1.8753
0.11%
£105.00
$18,553.35
Minutes - 5 days
1.8553
1.18%
£0.00
$18,193.22
Minutes - 5 days
1.8193
3.14%
£0.00
GBP INR
Mid Market Rate£1 = ₹129.289£1 = ₹129.3146
Transfer Amount£1,000£10,000
1
Revolut
2
Wise
3
HSBC
4
Barclays
1
Wise
2
Revolut
3
HSBC
4
Barclays
They get
Delivery Time
Exchange rate
Markup
Transfer fee
₹128,947.71
Within minutes
129.1414
0.11%
£1.50
₹128,647.34
Within minutes
129.3120
-0.02%
£5.14
₹126,668.70
Minutes - 5 days
126.6687
2.05%
£0.00
₹124,176.96
Minutes - 5 days
124.1770
4.03%
£0.00
₹1,287,314.21
Within minutes
129.3310
-0.01%
£46.36
₹1,277,954.99
Within minutes
129.1516
0.13%
£105.00
₹1,266,687.00
Minutes - 5 days
126.6687
2.07%
£0.00
₹1,241,769.59
Minutes - 5 days
124.1770
4.05%
£0.00
GBP NGN
Mid Market Rate£1 = ₦1,787.8971£1 = ₦1,786.6824
Transfer Amount£1,000£10,000
1
Wise
2
Revolut
3
HSBC
4
Barclays
1
Wise
2
Revolut
3
HSBC
4
Barclays
They get
Delivery Time
Exchange rate
Markup
Transfer fee
₦1,837,687.12
Within minutes
1848.9100
-3.36%
£6.07
₦1,775,659.18
Within minutes
1778.3267
0.54%
£1.50
-
-
-
-
-
-
-
-
-
-
₦18,373,231.04
Within minutes
1847.5400
-3.35%
£55.30
₦17,596,418.14
Within minutes
1778.3141
0.47%
£105.00
-
-
-
-
-
-
-
-
-
-
GBP PHP
Mid Market Rate£1 = ₱84.6536£1 = ₱84.5716
Transfer Amount£1,000£10,000
1
Wise
2
Revolut
3
HSBC
4
Barclays
1
Wise
2
Revolut
3
HSBC
4
Barclays
They get
Delivery Time
Exchange rate
Markup
Transfer fee
₱84,150.83
Within minutes
84.6409
0.01%
£5.79
₱84,141.34
Within minutes
84.2678
0.46%
£1.50
₱83,030.28
Minutes - 5 days
83.0303
1.94%
£0.00
₱82,409.38
Minutes - 5 days
82.4094
2.69%
£0.00
₱841,163.82
Same day
84.5667
0.01%
£53.25
₱833,168.55
Within minutes
84.2010
0.44%
£105.00
₱830,302.78
Minutes - 5 days
83.0303
1.84%
£0.00
₱824,093.80
Minutes - 5 days
82.4094
2.59%
£0.00
GBP PKR
Mid Market Rate£1 = Rs 374.0831£1 = Rs 373.7828
Transfer Amount£1,000£10,000
1
Revolut
2
Wise
3
HSBC
4
Barclays
1
Wise
2
Revolut
3
HSBC
4
Barclays
They get
Delivery Time
Exchange rate
Markup
Transfer fee
Rs 372,254.99
Within minutes
372.8142
0.34%
£1.50
Rs 371,884.03
Within minutes
374.3510
-0.07%
£6.59
-
-
-
-
-
-
-
-
-
-
Rs 3,719,077.96
Within an hour
374.1290
-0.09%
£59.37
Rs 3,689,090.67
Within minutes
372.8237
0.26%
£105.00
-
-
-
-
-
-
-
-
-
-
GBP PLN
Mid Market Rate£1 = zł 5.0692£1 = zł 5.0682
Transfer Amount£1,000£10,000
1
Revolut
2
Wise
3
HSBC
4
Barclays
1
Wise
2
Revolut
3
HSBC
4
Barclays
They get
Delivery Time
Exchange rate
Markup
Transfer fee
zł 5,050.33
Within minutes
5.0579
0.22%
£1.50
zł 5,044.44
Next day
5.0680
0.02%
£4.64
zł 4,946.11
Minutes - 5 days
4.9461
2.46%
£0.00
zł 4,879.14
Minutes - 5 days
4.8791
3.82%
£0.00
zł 50,482.35
Next day
5.0683
0.00%
£39.59
zł 50,047.06
Within minutes
5.0578
0.20%
£105.00
zł 49,461.13
Minutes - 5 days
4.9461
2.44%
£0.00
zł 48,791.44
Minutes - 5 days
4.8791
3.80%
£0.00
GBP THB
Mid Market Rate£1 = ฿44.8568£1 = ฿44.8572
Transfer Amount£1,000£10,000
1
Revolut
2
Wise
3
HSBC
4
Barclays
1
Wise
2
Revolut
3
HSBC
4
Barclays
They get
Delivery Time
Exchange rate
Markup
Transfer fee
฿44,616.71
Within minutes
44.6837
0.39%
£1.50
฿44,509.65
Within minutes
44.8582
0.00%
£7.77
฿43,880.61
Minutes - 5 days
43.8806
2.20%
£0.00
฿43,293.03
Minutes - 5 days
43.2930
3.55%
£0.00
฿445,687.26
Within minutes
44.8563
0.00%
£64.11
฿442,096.46
Within minutes
44.6788
0.40%
£105.00
฿438,806.10
Minutes - 5 days
43.8806
2.20%
£0.00
฿432,930.33
Minutes - 5 days
43.2930
3.55%
£0.00
*Based on our live comparisons. Speed and companies update weekly.
What affects transfer speed?
A few things can affect the delivery time for transfers from the UK:
How you pay
The way you pay for a transfer decides how quickly the money reaches the provider.
The faster money lands into the account, the faster it will be sent.
Pay by card, Apple Pay, Google Pay, or Open Banking for almost instant deposits.
Manual bank transfer is the slowest method here.
There’s one exception though.
The first time you use a service, or the first time you pay a new recipient, there's often a short one-off check or hold before the transfer begins.
It's a fraud safeguard, and it only happens once per recipient.
How much you're sending
Larger transfers tend to be slower, not because of the amount itself, but because of the additional checks it can trigger.
Large sums are more likely to get flagged for a security check, and often can't be paid by card (which has limits), so you're forced to use a bank transfer that takes a bit longer to clear.
For everyday amounts none of this applies, but for a large one-off, expect a bit more friction on both ends.
Where it's going, and in what currency
This is the biggest factor you can't control.
Some countries have instant payout systems and deal in major currencies like euros or dollars that move quickly.
Others don't have that infrastructure, or use rarer currencies that need extra conversion steps along the way.
So the exact same transfer can land in seconds to one country and take a few days to another.
A transfer is only as fast as the receiving side allows.
This is another reason to compare your options.
Our for your amount and destination.
How the recipient gets it
Cash pickup and mobile wallet transfers are usually ready in minutes.
A bank deposit on the other hand depends on the receiving bank, which can be instant or take a day or two.
Timing
This mostly applies to more exotic destinations, but, money transfer companies do fall back to SWIFT if there are no other options.
SWIFT is a banking network, meaning it depends on banks being operational. If one of the banks on the way is closed, your money will be stuck there until it re-opens.
And this can happen due to cutoff times, weekends, bank holidays, etc.
When you do make a transfer, you will see what method is being used. If it's Friday, and the transfer is via SWIFT, it likely won’t land until Monday or later.
Security checks
Banks and providers have to run anti-fraud and anti-money-laundering checks.
Most normal international transfers will have no issues, but a large amount, a new recipient, or an unusual destination can get flagged for a quick review.
It's routine and usually short, but it can add anywhere from a few hours to a day, and it can happen on either the sending or receiving end.
How to minimise transfer time
There are a few things you could do to speed up a money transfers from the UK:
Get organised first
Pick your provider ahead of time, register and clear ID verification before you actually need to send, and have the recipient's details ready and added in advance.
First-time checks and new-payee holds are the most common delays, and doing this early clears them before the clock's ticking.
Fund it the fast way
Pay by card, Apple/Google Pay, or Open Banking rather than a manual bank transfer, so your money reaches the provider instantly.
Use a multi-currency account if you send often
Convert slowly over time when the exchange rate is good.
And since you’ll have the balance in recipient currency, money will never need to convert or move over the SWIFT networks.
Send during working hours
Avoid evenings, weekends, and UK bank holidays if any part of the transfer involves SWIFT, or it may sit until the next working day.
All banks will use this, and some money transfer companies. Before you send, you’ll see what network is being used, or when the money will arrive.
Get ahead of the checks
Submit any verification documents promptly, and for a large transfer, tell your own bank in advance so they don't pause the payment.
And do the same on the receiving side, a bank can freeze a large incoming payment without a warning.
How much it costs to send money instantly
Sending money fast doesn't always cost a fortune, it mostly depends on how much you're sending and how it's collected.
If you're sending under £2,000, most of the time money will arrive instantly and won't cost you much.
It get's a bit more complicated and expensive depending on the destination and the amount.
For example, here are the costs for the cheapest ways to send money abroad across popular destinations (use the tabs to change amounts):
If your recipient is in an unbanked location, has no bank, or needs cash, the fastest option is a cash transfer.
As I've said a few times here, it has the biggest coverage, and it's fast (almost instant), but it comes with a cost.
For example, you can use MoneyGram, Western Union, or Ria Money Transfer to deposit money online, and your recipient can either pick it up as cash from local stores or have it delivered to them.
This costs a lot more than Wise, up to £20-30 per transfer depending on the destination and amount.
They don't charge a fee as such, but work the cost into the exchange rate markup.
Based on our live comparison data, most sit between 0.25% and 0.30%, so on a £50,000 transfer that's around £125-£150.
And finally, to save a bit more on the fastest transfer, run a quick comparison using the form below.
Find the fastest way to send money
Our live comparison will show you the fastest and the cheapest options based on the combinations of amount, destination, deposit method and the receiving method.
Our methodology & why trust us
We've compared and analysed over 200 companies to work out the fastest ways to send money internationally from the UK.
Firstly, every provider on the list is regulated, legit, and safe to send money abroad.
They "vouch" for money transfer companies to follow the regulations (the rules) to ensure everyone's safety.
When testing transfer specialists, we've rated each company on a scale of 1-10 based on the following:
Fees & rates
Transfer speed
Safety & trust
Product offering
Transfer limits
Ease of use
Customer feedback
So the maximum score a company can get is 70, while the minimum is 7. We then apply our scoring formula to get a total score out of 10.
For this page, transfer speed carries the most weight. We make real test transfers, time them, and check each provider's published speed stats are current rather than carried over from an older figure.
On top of it, each company goes through an unbiased editorial criteria, where we look for a comprehensive list of flaws and benefits.
To ensure this page remains up to date, we use our first-party data from our comparison engine and merge it with the live data from the providers.
This page updates weekly with the latest rates, fees, and delivery times.
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