How to send money to Gibraltar from UK with the best GBP-GIP rate

We’ve compared 2 companies, and found Regency FX to be the cheapest, while Revolut is the fastest.

Sending £6,000 gets you £5,975.33 with Regency FX at 0.9959 GIP per GBP, about 1.25% more than the next best option.

Best companies for GBP/GIP transfers

2 of 2 providers

Last updated on 28 October 2026

Based on 6,000 GBP transfer

Best companies for GBP/GIP transfers

Sort Cheapest
Promoted

Regency FX

Pay via Bank transfer
Fee £0.00 1 GBP = 0.9959 GIP +0.27% vs mid-market Recipient gets £5,975.33 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Gibraltar with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 0.9959 GIP
£5,975.33You pay£6,000.00

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Regency FX

Pay via Bank transfer
Fee £0.00 1 GBP = 0.9959 GIP +0.27% vs mid-market Recipient gets £5,975.33 Minutes - 24 hours
Cheapest
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Gibraltar with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 0.9959 GIP
£5,975.33You pay£6,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee £92.00 1 GBP = 0.9988 GIP -0.02% vs mid-market Recipient gets £5,900.71 Within minutes
FastestRecommended
Multi-currency cardReceive to bank account

Ways to receive money in Gibraltar with Revolut when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
£92.001 GBP = 0.9988 GIP
£5,900.71You pay£6,000.00

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.

How Our Results Work
Mid-market rate: 1 GBP = 0.9986 GIP Updates every 60 minutes.

How to send money from UK to Gibraltar

Pick a company

For a one-off GBP transfer to Gibraltar, I suggest picking the cheapest option which is Regency FX.

Regency FX was the cheapest on 25 of the 25 days it quoted £6,000 transfers to Gibraltar.

On a 6,000 GBP transfer, Regency FX delivers the most GIP.

The best option will change depending on how much you actually send, so I suggest to get the best GBP/GIP rate.

Fund your transfer

You have 2 ways to pay, including bank transfer and debit card.

Paying from your bank is usually both cheapest and quickest, since most companies connect straight into your banking app via Open Banking.

Anywhere a debit card works, Apple Pay and Google Pay usually do too.

Verify and send

First time round you'll need to confirm your name, date of birth, address and a photo ID.

On a £6,000 transfer it's normally instant but can take a couple of hours.

Compare amounts

How much GBP are you sending to Gibraltar?

How much GBP you send to Gibraltar heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Regency FX was the cheapest in 100% of the transfers from £6,000 it quoted, and in 100% of all the transfers it quoted.

Cheapest service
£5000.08%£3.50£495.39with debit card to bank deposit£0.00
£1,000-0.18%£7.00£991.77with debit card to bank deposit£0.00
£2,000-0.14%£24.00£1,973.56with debit card to bank deposit£0.00
£6,000This page0.27%£0.00£5,975.33with bank transfer to bank deposit+£37.31
£10,0000.27%£0.00£9,957.81with bank transfer to bank deposit+£64.32
£50,0000.25%£0.00£49,740.19with bank transfer to bank deposit+£314.68
£250,000£4,240.00£245,587.96with debit card to bank deposit+£122,793.98

Mid-market rate: 1 GBP = 0.9986 GIP

GBP/GIP Exchange Rate History

Is today a good time to send money from UK to Gibraltar?

The cheapest way to send GBP to GIP can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Regency FX), across 30 days of comparisons for 6,000 GBP transfers to Gibraltar.

GIP received for £6,000, after fees

Wed, 28 Oct 2026Mid-market rate£5,991.50 Regency FX £5,975.33Regency FX£5,975.33Revolut£5,900.71

5,800
5,850
5,900
5,950
6,000
6,050
At the mid-market rateWith the cheapest optionRegency FXRevolut
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9983 – £5,989.71
Regency FX Cheapest 0.9956 £0.00 £5,973.54 −£16.17
Revolut 0.9988 £92.00 £5,900.71 −£89.00
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0040 – £6,024.20
Regency FX Cheapest 1.0013 £0.00 £6,007.93 −£16.27
Revolut 0.9988 £92.00 £5,900.71 −£123.49
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9971 – £5,982.36
Regency FX Cheapest 0.9944 £0.00 £5,966.21 −£16.15
Revolut 0.9988 £92.00 £5,900.71 −£81.65
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0013 – £6,007.61
Regency FX Cheapest 0.9986 £0.00 £5,991.39 −£16.22
Revolut 0.9988 £92.00 £5,900.71 −£106.90
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0010 – £6,006.26
Regency FX Cheapest 0.9983 £0.00 £5,990.04 −£16.22
Revolut 0.9988 £152.00 £5,840.79 −£165.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9977 – £5,986.45
Regency FX Cheapest 0.9950 £0.00 £5,970.28 −£16.17
Revolut 0.9988 £152.00 £5,840.79 −£145.66
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9994 – £5,996.45
Regency FX Cheapest 0.9967 £0.00 £5,980.26 −£16.19
Revolut 0.9988 £92.00 £5,900.71 −£95.74
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0013 – £6,007.65
Regency FX Cheapest 0.9986 £0.00 £5,991.43 −£16.22
Revolut 0.9988 £92.00 £5,900.71 −£106.94
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9976 – £5,985.73
Regency FX Cheapest 0.9949 £0.00 £5,969.56 −£16.17
Revolut 0.9988 £92.00 £5,900.71 −£85.02
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9991 – £5,994.64
Regency FX Cheapest 0.9964 £0.00 £5,978.46 −£16.18
Revolut 0.9988 £92.00 £5,900.71 −£93.93
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0023 – £6,013.80
Regency FX Cheapest 0.9996 £0.00 £5,997.56 −£16.24
Revolut 0.9988 £92.00 £5,900.71 −£113.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0010 – £6,006.29
Regency FX Cheapest 0.9983 £0.00 £5,990.07 −£16.22
Revolut 0.9988 £152.00 £5,840.79 −£165.50
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Revolut Cheapest 0.9988 £152.00 £5,840.79 –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0005 – £6,002.75
Regency FX Cheapest 0.9978 £0.00 £5,986.55 −£16.20
Revolut 0.9988 £92.00 £5,900.71 −£102.04
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0024 – £6,014.24
Regency FX Cheapest 0.9997 £0.00 £5,998.01 −£16.23
Revolut No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9927 – £5,956.46
Regency FX Cheapest 0.9901 £0.00 £5,940.38 −£16.08
Revolut 0.9988 £92.00 £5,900.71 −£55.75
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Revolut Cheapest 0.9988 £92.00 £5,900.71 –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0051 – £6,030.35
Regency FX Cheapest 1.0023 £0.00 £6,014.07 −£16.28
Revolut 0.9988 £92.00 £5,900.71 −£129.64
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9975 – £5,985.01
Regency FX Cheapest 0.9948 £0.00 £5,968.85 −£16.16
Revolut 0.9986 £152.00 £5,840.06 −£144.95
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9976 – £5,985.44
Regency FX Cheapest 0.9949 £0.00 £5,969.28 −£16.16
Revolut 0.9986 £152.00 £5,840.06 −£145.38
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0002 – £6,000.98
Regency FX Cheapest 0.9975 £0.00 £5,984.78 −£16.20
Revolut 0.9988 £92.00 £5,900.71 −£100.27
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0033 – £6,019.85
Regency FX Cheapest 1.0006 £0.00 £6,003.59 −£16.26
Revolut No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.0013 – £6,007.65
Regency FX Cheapest 0.9986 £0.00 £5,991.43 −£16.22
Revolut 0.9988 £92.00 £5,900.71 −£106.94

No data was collected on Thu, 22 Oct 2026.

Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9999 – £5,999.20
Regency FX Cheapest 0.9972 £0.00 £5,983.00 −£16.20
Revolut 0.9988 £92.00 £5,900.71 −£98.49
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9999 – £5,999.59
Regency FX Cheapest 0.9972 £0.00 £5,983.39 −£16.20
Revolut 0.9986 £152.00 £5,840.06 −£159.53
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Revolut Cheapest 0.9986 £152.00 £5,840.06 –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9981 – £5,988.65
Regency FX Cheapest 0.9954 £0.00 £5,972.48 −£16.17
Revolut 0.9988 £92.00 £5,900.71 −£87.94
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Revolut Cheapest 0.9988 £92.00 £5,900.71 –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.9986 – £5,991.50
Regency FX Cheapest 0.9959 £0.00 £5,975.33 −£16.17
Revolut 0.9988 £92.00 £5,900.71 −£90.79

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send £6,000, after fees, as quoted by each company. The mid-market line shows what £6,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more GIP per GBP than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of GIP on every transfer from UK.

Right now, Regency FX pays 5,975.33 GIP on 6,000 GBP, which is 16.17 GIP less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 6,014.07 GIP.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Gibraltar.

We've tracked 196 comparisons to check how often today's top companies were the cheapest across 7 amounts over the past month.

  1. Regency FXAppeared in 97 comparisons

    Cheapest every time

  2. RevolutAppeared in 183 comparisons

    Cheapest in 50% of them

Based on 196 comparisons across 7 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Regency FX is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Revolut (today's second cheapest) was the cheapest in 50% of its comparisons, so if you send money to Gibraltar regularly, it's worth comparing it with Regency FX before each transfer.

Ways to send money from the UK to Gibraltar

There are many ways to send money to Gibraltar from the UK, including broker, app, multi-currency account, and global account, and more.

For small & frequent transfers

Money transfer apps

If you send small amounts back home to Gibraltar, say weekly or monthly, an app like Revolut is the easiest and cheapest way to do it.

It charges £92 in fees, has -0.02% markup, lets you save recipient details, and GIP will arrive in minutes.

Over the past month, Revolut was the cheapest app on 100% of the days it appeared for £6,000 transfers.

For large transfers

Brokers

Currency brokers like Regency FX are the best for £10,000+ transfers (things like house deposits, education fees, relocation, etc.).

You get a dedicated account manager to handle your transfer to Gibraltar, and 24/7 support.

Regency FX charges no fees on large transfers, but adds 0.27% markup on top of the current GBP/GIP rate.

The markup gets better the more GBP you send, so we suggest .

Our analysis shows Regency FX was the cheapest broker in 100% of the transfers from £6,000 it quoted.

For spending and receiving

Multi-currency accounts

Multi-currency accounts let you hold and spend Gibraltar Pound abroad like a local.

Revolut offers the best multi-currency account.

With it, converting £6,000 to GIP will get you £5,900.71 after fees.

If you don’t have GIP in your account, your GBP will auto-convert whenever you pay with Revolut in Gibraltar.

Once you have GIP in the account, there are no extra fees from Revolut for spending or holding it (local ATM charges may still apply).

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

For business transfers

Global accounts

Global accounts are for UK businesses making payments overseas.

For suppliers, freelancers, salaries, or invoices in Gibraltar, companies like Airwallex, WorldFirst, or Payoneer handle batch and recurring payments a consumer app simply can’t.

Ways to fund GBP and receive GIP in Gibraltar

Pay-in and pay-out methods will affect how much GBP you deposit and how much GIP your recipient gets. Use the table below to see how different options change how much you pay and what they get.

The overall best and cheapest way to send £6,000 to Gibraltar is via Regency FX, using a bank transfer to deposit GBP and bank deposit to receive GIP.

Depositing GBP

You have 2 pay-in options for transfers to Gibraltar, including bank transfer and debit card.

The cheapest pay-in option is bank transfer.

The fastest option in the UK is almost always bank transfer, since most companies use Open Banking and Faster Payments System (FPS).

The most expensive deposit option is debit card.

Be careful with credit card deposits, since your bank often treats it as a cash advance and will charge interest.

Receiving money in Gibraltar

Money can reach Gibraltar by bank deposit, and each delivery method comes with its own fees.

The cheapest way to receive money in Gibraltar is with bank deposit on average.

Digital wallets

Your recipient can receive GIP directly into a digital wallet (like PayPal) which usually takes a few minutes to arrive.

  1. 1
    Bank transfer Bank deposit

    You pay £6,000.00

    £5,975

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay £6,000.00

    £5,901

    -£75

Consider this when sending GBP to Gibraltar

There are a few nuances you should consider before sending GBP to Gibraltar such as limits, taxes, and safety.

Compare GBP/GIP transfer options

Right now, these are the best money transfer options for a £6,000 transfer to Gibraltar:

Cheapest way to send money to Gibraltar

The cheapest way is to use Regency FX, pay in with a bank transfer and withdraw via bank deposit. You will get £5,975.33, which is 1.25% more than the next best option.

Fastest way to send money to Gibraltar

The fastest way is to use Revolut via debit card deposit and bank deposit for pay out. You get £5,900.71 and it will arrive in within minutes.

UK transfer limits

There is no legal limit and no tax on sending your own money abroad.

Main hard limits come from your bank or money transfer company, often around £10,000 to £25,000 online (which you can usually increase in the app).

Also, the "£10,000 declaration" only applies to physically carrying cash through the border, not online transfers.

And on bigger GBP/GIP transfers (roughly £10,000 up) expect a source-of-funds check, such as a payslip or a statement.

These are anti-money-laundering checks, and they can hold your transfer up, so have the documents ready.

The transfer costs involved

Your cost is the fee plus the exchange-rate margin.

For example, sending £6,000 with Regency FX will get you 5,975.33 GIP, that’s including £0 fee and 0.27% in exchange rate markup.

A bank like on the other hand, will get you £0, that’s £ in fees but % in FX fees.

Taxes on money transfers

There is no UK tax for the act of sending money to Gibraltar.

And, regular gifts out of your normal income are free of inheritance tax straight away, no cap and no seven-year wait.

Staying safe when sending abroad

Only ever use a provider authorised by the FCA, which you can check on the FCA register in under a minute.

The rules in place for any scams cover domestic pound transfers only, on a transfer abroad you're less protected.

Always confirm who you're really sending to before you send, because there's little recourse after.

For more information, check our guide to money transfer regulations in the UK.

How we analyse the market

We track 2 regulated companies offering money transfers from the UK to Gibraltar in real time.

We analyse the fees, exchange rates, deposit/withdrawal methods, and each goes through our internal review.

Most GBP/GIP pricing data comes directly from the providers. We collect the rest manually, run it through our comparison engine and label it in the table.

In the past 30 days alone, we analysed 196 comparisons across 7 amounts.

This page covers the cheapest and fastest options for GBP/GIP transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

More on how we work:

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.