How to send money to Israel from UK with the best GBP-ILS rate

We’ve compared 9 companies, and found Key Currency to be the cheapest, while Wise is the fastest.

Sending £6,000 gets you ₪24,536.58 with Key Currency at 4.0894 ILS per GBP, about 0.02% more than the next best option.

Best companies for GBP/ILS transfers

9 of 9 providers

Last updated on 28 October 2026

Based on 6,000 GBP transfer

Best companies for GBP/ILS transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee £27.29 1 GBP = 4.0999 ILS 0.00% vs mid-market Recipient gets ₪24,487.33 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Israel with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
£27.291 GBP = 4.0999 ILS
₪24,487.33You pay£6,000.00
Promoted

Xe

Pay via Debit card
Fee £0.00 1 GBP = 4.0524 ILS +1.16% vs mid-market Recipient gets ₪24,314.40 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Israel with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 4.0524 ILS
₪24,314.40You pay£6,000.00

Run a live search

Showing top United Kingdom to Israel deals for 6,000 GBP. Do a live search with your exact amount for today's best rates.
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee £0.00 1 GBP = 4.0894 ILS +0.25% vs mid-market Recipient gets ₪24,536.58 Minutes - 3 days
Cheapest
Personal account managerReceive to bank account

Ways to receive money in Israel with Key Currency when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 GBP = 4.0894 ILS
₪24,536.58You pay£6,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee £0.00 1 GBP = 4.0886 ILS +0.27% vs mid-market Recipient gets ₪24,531.66 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 4.0886 ILS
₪24,531.66You pay£6,000.00

TorFx

Pay via Bank transfer
Fee £0.00 1 GBP = 4.0874 ILS +0.30% vs mid-market Recipient gets ₪24,524.28 Minutes - 24 hours
Personal account managerReceive to bank accountIdeal for buying property abroad

Ways to receive money in Israel with TorFx when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 4.0874 ILS
₪24,524.28You pay£6,000.00

Wise

Pay via Bank transfer
Fee £27.29 1 GBP = 4.0999 ILS 0.00% vs mid-market Recipient gets ₪24,487.33 Within minutes
FastestRecommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Israel with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
£27.291 GBP = 4.0999 ILS
₪24,487.33You pay£6,000.00

OFX

Pay via Bank transfer
Fee £0.00 1 GBP = 4.0792 ILS +0.50% vs mid-market Recipient gets ₪24,475.08 Minutes - 24 hours
Personal account managerReceive to bank account

Ways to receive money in Israel with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 4.0792 ILS
₪24,475.08You pay£6,000.00

Wise

Pay via Debit card
Fee £46.24 1 GBP = 4.0999 ILS 0.00% vs mid-market Recipient gets ₪24,409.64 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Israel with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
£46.241 GBP = 4.0999 ILS
₪24,409.64You pay£6,000.00

Xe

Pay via Debit card
Fee £0.00 1 GBP = 4.0524 ILS +1.16% vs mid-market Recipient gets ₪24,314.40 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Israel with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 4.0524 ILS
₪24,314.40You pay£6,000.00

Xe

Pay via Bank transfer
Fee £0.00 1 GBP = 4.0524 ILS +1.16% vs mid-market Recipient gets ₪24,314.40 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Israel with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 4.0524 ILS
₪24,314.40You pay£6,000.00

Xe

Pay via Credit card
Fee £0.00 1 GBP = 4.0524 ILS +1.16% vs mid-market Recipient gets ₪24,314.40 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Israel with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 4.0524 ILS
₪24,314.40You pay£6,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee £52.00 1 GBP = 4.0866 ILS +0.32% vs mid-market Recipient gets ₪24,307.18 Same day
Multi-currency cardReceive to bank account

Ways to receive money in Israel with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame day
£52.001 GBP = 4.0866 ILS
₪24,307.18You 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.

Moneycorp

Pay via Bank transfer
Fee £0.00 1 GBP = 4.0423 ILS +1.40% vs mid-market Recipient gets ₪24,253.70 Minutes - 2 days

Ways to receive money in Israel with Moneycorp when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 GBP = 4.0423 ILS
₪24,253.70You pay£6,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee £92.00 1 GBP = 4.0866 ILS +0.32% vs mid-market Recipient gets ₪24,143.72 Within minutes
Multi-currency cardReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositWithin minutes
£92.001 GBP = 4.0866 ILS
₪24,143.72You 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.

Wise

Pay via Credit card
Fee £159.86 1 GBP = 4.0999 ILS 0.00% vs mid-market Recipient gets ₪23,943.81 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Israel with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
£159.861 GBP = 4.0999 ILS
₪23,943.81You pay£6,000.00

Barclays

Pay via Bank transfer
Fee £0.00 1 GBP = 3.9873 ILS +2.78% vs mid-market Recipient gets ₪23,923.81 Minutes - 5 days
0 reviews

Ways to receive money in Israel with Barclays when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 5 days
Free1 GBP = 3.9873 ILS
₪23,923.81You pay£6,000.00
How Our Results Work
Mid-market rate: 1 GBP = 4.0997 ILS Updates every 60 minutes.

How to send money from UK to Israel

Pick a company

For a one-off GBP transfer to Israel, I suggest picking the cheapest option which is Key Currency.

Key Currency was the cheapest on 25 of the 28 days it quoted £6,000 transfers to Israel.

On a 6,000 GBP transfer, Key Currency delivers the most ILS.

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

Fund your transfer

You have 3 ways to pay, including bank transfer, debit card, and credit 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 Israel?

How much GBP you send to Israel 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 Key Currency was the cheapest in 88% of the transfers from £6,000 it quoted, and in 88% of all the transfers it quoted.

Cheapest service
£5000.53%£0.00₪2,039.10with paypal to bank deposit+₪16.97
£1,0000.22%£0.00₪4,078.20with paypal to bank deposit+₪31.63
£2,0000.65%£0.00₪8,143.46with bank transfer to bank deposit+₪48.51
£6,000This page0.25%£0.00₪24,536.58with bank transfer to bank deposit+₪216.58
£10,0000.25%£0.00₪40,910.41with bank transfer to bank deposit+₪348.70
£50,0000.20%£0.00₪204,639.50with bank transfer to bank deposit+₪1,166.49
£250,0000.15%£0.00₪1,026,337.93with bank transfer to bank deposit+₪6,296.88

Mid-market rate: 1 GBP = 4.0997 ILS

GBP/ILS Exchange Rate History

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

The cheapest way to send GBP to ILS 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 Key Currency), across 30 days of comparisons for 6,000 GBP transfers to Israel.

ILS received for £6,000, after fees

Wed, 28 Oct 2026Mid-market rate₪24,598.07 Key Currency ₪24,536.58 Barclays ₪23,923.81Key Currency₪24,536.58Regency FX₪24,531.66TorFx₪24,524.28Extra cost of a bank₪612.77

23,000
23,500
24,000
24,500
25,000
25,500
At the mid-market rateWith the cheapest optionWith a bankKey CurrencyRegency FXTorFx
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.0586 – ₪24,351.64
Key Currency Cheapest 4.0485 £0.00 ₪24,290.76 −₪60.88
Regency FX 4.0476 £0.00 ₪24,285.89 −₪65.75
TorFx 4.0464 £0.00 ₪24,278.58 −₪73.06
Barclays 3.9491 £0.00 ₪23,694.56 −₪657.08
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.0626 – ₪24,375.83
Key Currency Cheapest 4.0525 £0.00 ₪24,314.89 −₪60.94
Regency FX 4.0517 £0.00 ₪24,310.02 −₪65.81
TorFx 4.0505 £0.00 ₪24,302.71 −₪73.12
Barclays 3.9604 £0.00 ₪23,762.60 −₪613.23
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.0772 – ₪24,463.31
Key Currency Cheapest 4.0670 £0.00 ₪24,402.16 −₪61.15
Regency FX 4.0662 £0.00 ₪24,397.26 −₪66.05
TorFx 4.0650 £0.00 ₪24,389.92 −₪73.39
Barclays 3.9604 £0.00 ₪23,762.60 −₪700.71
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.0480 – ₪24,288.08
Key Currency Cheapest 4.0379 £0.00 ₪24,227.36 −₪60.72
Regency FX 4.0371 £0.00 ₪24,222.50 −₪65.58
TorFx 4.0359 £0.00 ₪24,215.21 −₪72.87
Barclays 3.9434 £0.00 ₪23,660.12 −₪627.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.0422 – ₪24,253.21
Key Currency Cheapest 4.0321 £0.00 ₪24,192.57 −₪60.64
Regency FX 4.0313 £0.00 ₪24,187.72 −₪65.49
TorFx 4.0301 £0.00 ₪24,180.45 −₪72.76
Barclays 3.9356 £0.00 ₪23,613.52 −₪639.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.0323 – ₪24,193.69
Wise Cheapest 4.0437 £27.29 ₪24,151.97 −₪41.72
Key Currency 4.0222 £0.00 ₪24,133.20 −₪60.49
Regency FX 4.0214 £0.00 ₪24,128.36 −₪65.33
TorFx 4.0202 £0.00 ₪24,121.10 −₪72.59
Barclays 3.9356 £0.00 ₪23,613.52 −₪580.17
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.0400 – ₪24,240.06
Key Currency Cheapest 4.0299 £0.00 ₪24,179.46 −₪60.60
Regency FX 4.0291 £0.00 ₪24,174.61 −₪65.45
TorFx 4.0279 £0.00 ₪24,167.34 −₪72.72
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.0361 – ₪24,216.61
Key Currency Cheapest 4.0260 £0.00 ₪24,156.06 −₪60.55
Regency FX 4.0252 £0.00 ₪24,151.22 −₪65.39
TorFx 4.0240 £0.00 ₪24,143.96 −₪72.65
Barclays 3.9230 £0.00 ₪23,537.78 −₪678.83
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.0425 – ₪24,254.90
Key Currency Cheapest 4.0324 £0.00 ₪24,194.27 −₪60.63
Regency FX 4.0316 £0.00 ₪24,189.42 −₪65.48
TorFx 4.0304 £0.00 ₪24,182.14 −₪72.76
Barclays 3.9230 £0.00 ₪23,537.78 −₪717.12
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Wise Cheapest 4.0645 £27.29 ₪24,276.08 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.0448 – ₪24,268.61
Key Currency Cheapest 4.0347 £0.00 ₪24,207.94 −₪60.67
Regency FX 4.0338 £0.00 ₪24,203.08 −₪65.53
TorFx 4.0326 £0.00 ₪24,195.80 −₪72.81
Barclays 3.9305 £0.00 ₪23,582.72 −₪685.89
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.0565 – ₪24,338.89
Key Currency Cheapest 4.0463 £0.00 ₪24,278.04 −₪60.85
Regency FX 4.0455 £0.00 ₪24,273.17 −₪65.72
TorFx 4.0443 £0.00 ₪24,265.87 −₪73.02
Barclays 3.9424 £0.00 ₪23,654.44 −₪684.45
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.0565 – ₪24,338.89
Key Currency Cheapest 4.0463 £0.00 ₪24,278.04 −₪60.85
Regency FX 4.0455 £0.00 ₪24,273.17 −₪65.72
TorFx 4.0443 £0.00 ₪24,265.87 −₪73.02
Barclays 3.9424 £0.00 ₪23,654.44 −₪684.45
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.0654 – ₪24,392.36
Key Currency Cheapest 4.0552 £0.00 ₪24,331.38 −₪60.98
Regency FX 4.0544 £0.00 ₪24,326.50 −₪65.86
TorFx 4.0532 £0.00 ₪24,319.19 −₪73.17
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.0677 – ₪24,405.97
Key Currency Cheapest 4.0575 £0.00 ₪24,344.96 −₪61.01
Regency FX 4.0567 £0.00 ₪24,340.08 −₪65.89
TorFx 4.0555 £0.00 ₪24,332.75 −₪73.22
Barclays 3.9605 £0.00 ₪23,762.93 −₪643.04
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.0748 – ₪24,449.07
Key Currency Cheapest 4.0647 £0.00 ₪24,387.95 −₪61.12
Regency FX 4.0638 £0.00 ₪24,383.06 −₪66.01
TorFx 4.0626 £0.00 ₪24,375.72 −₪73.35
Barclays 3.9665 £0.00 ₪23,798.91 −₪650.16
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.1145 – ₪24,687.16
Key Currency Cheapest 4.1042 £0.00 ₪24,625.44 −₪61.72
Regency FX 4.1034 £0.00 ₪24,620.51 −₪66.65
TorFx 4.1022 £0.00 ₪24,613.10 −₪74.06
Barclays 3.9665 £0.00 ₪23,798.91 −₪888.25
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.1207 – ₪24,724.27
Key Currency Cheapest 4.1104 £0.00 ₪24,662.46 −₪61.81
Regency FX 4.1096 £0.00 ₪24,657.51 −₪66.76
TorFx 4.1083 £0.00 ₪24,650.09 −₪74.18
Barclays 4.0077 £0.00 ₪24,046.23 −₪678.04
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.1148 – ₪24,688.81
Wise Cheapest 4.1478 £27.29 ₪24,773.67 +₪84.86
Key Currency 4.1045 £0.00 ₪24,627.09 −₪61.72
Regency FX 4.1037 £0.00 ₪24,622.15 −₪66.66
TorFx 4.1025 £0.00 ₪24,614.75 −₪74.06
Barclays 4.0379 £0.00 ₪24,227.25 −₪461.56
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.1148 – ₪24,688.81
Wise Cheapest 4.1478 £27.29 ₪24,773.67 +₪84.86
Key Currency 4.1045 £0.00 ₪24,627.09 −₪61.72
Regency FX 4.1037 £0.00 ₪24,622.15 −₪66.66
TorFx 4.1025 £0.00 ₪24,614.75 −₪74.06
Barclays 4.0379 £0.00 ₪24,227.25 −₪461.56
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.1410 – ₪24,846.20
Key Currency Cheapest 4.1307 £0.00 ₪24,784.09 −₪62.11
Regency FX 4.1299 £0.00 ₪24,779.12 −₪67.08
TorFx 4.1286 £0.00 ₪24,771.67 −₪74.53
Bank No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.1356 – ₪24,813.83
Key Currency Cheapest 4.1253 £0.00 ₪24,751.80 −₪62.03
Regency FX 4.1245 £0.00 ₪24,746.84 −₪66.99
TorFx 4.1232 £0.00 ₪24,739.39 −₪74.44
Barclays 4.0262 £0.00 ₪24,156.98 −₪656.85
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.1397 – ₪24,838.27
Key Currency Cheapest 4.1294 £0.00 ₪24,776.18 −₪62.09
Regency FX 4.1285 £0.00 ₪24,771.21 −₪67.06
TorFx 4.1273 £0.00 ₪24,763.76 −₪74.51
Barclays 4.0253 £0.00 ₪24,151.84 −₪686.43
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.1583 – ₪24,949.62
Wise Cheapest 4.1582 £27.29 ₪24,835.96 −₪113.66
HSBC 4.0577 £0.00 ₪24,345.94 −₪603.68
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.1609 – ₪24,965.28
Key Currency Cheapest 4.1505 £0.00 ₪24,902.87 −₪62.41
Regency FX 4.1496 £0.00 ₪24,897.87 −₪67.41
TorFx 4.1484 £0.00 ₪24,890.38 −₪74.90
Barclays 4.0493 £0.00 ₪24,295.81 −₪669.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.1535 – ₪24,921.11
Key Currency Cheapest 4.1431 £0.00 ₪24,858.81 −₪62.30
Regency FX 4.1423 £0.00 ₪24,853.82 −₪67.29
TorFx 4.1411 £0.00 ₪24,846.34 −₪74.77
Barclays 4.0394 £0.00 ₪24,236.38 −₪684.73
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.1535 – ₪24,921.11
Key Currency Cheapest 4.1431 £0.00 ₪24,858.81 −₪62.30
Regency FX 4.1423 £0.00 ₪24,853.82 −₪67.29
TorFx 4.1411 £0.00 ₪24,846.34 −₪74.77
Barclays 4.0394 £0.00 ₪24,236.38 −₪684.73
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.1486 – ₪24,891.84
Key Currency Cheapest 4.1383 £0.00 ₪24,829.61 −₪62.23
Regency FX 4.1374 £0.00 ₪24,824.63 −₪67.21
TorFx 4.1362 £0.00 ₪24,817.16 −₪74.68
Barclays 4.0466 £0.00 ₪24,279.62 −₪612.22
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.1025 – ₪24,615.22
Key Currency Cheapest 4.0923 £0.00 ₪24,553.68 −₪61.54
Regency FX 4.0915 £0.00 ₪24,548.76 −₪66.46
TorFx 4.0902 £0.00 ₪24,541.38 −₪73.84
Barclays 3.9903 £0.00 ₪23,941.61 −₪673.61
Exchange rateFeeRecipient getsDifference
Mid-market rate 4.0997 – ₪24,598.07
Key Currency Cheapest 4.0894 £0.00 ₪24,536.58 −₪61.49
Regency FX 4.0886 £0.00 ₪24,531.66 −₪66.41
TorFx 4.0874 £0.00 ₪24,524.28 −₪73.79
Barclays 3.9873 £0.00 ₪23,923.81 −₪674.26

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. The bank line is the cheapest bank available on each day.

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 ILS per GBP than the mid-market rate can offer.

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

In the past month, a money transfer company beat the mid-market rate on 2 of the last 30 days.

Right now, Key Currency pays 24,536.58 ILS on 6,000 GBP, which is 61.49 ILS less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 24,902.87 ILS.

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 Israel.

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

  1. Key CurrencyAppeared in 98 comparisons

    Cheapest in 88% of them

  2. Regency FXAppeared in 98 comparisons

    Never the cheapest

  3. TorFxAppeared in 98 comparisons

    Never the cheapest

  4. BarclaysAppeared in 158 comparisons

    Never the cheapest

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 Key Currency is the cheapest and gets you the most ILS, and it was also the cheapest in 88% of the 98 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Israel.

Regency FX (today's second cheapest) was the cheapest in only 0% of its comparisons, so it's rarely the cheapest option for transfers to Israel.

Ways to send money from the UK to Israel

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

For small & frequent transfers

Money transfer apps

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

It charges £27.29 in fees, has -0.01% markup, lets you save recipient details, and ILS will arrive in minutes.

Over the past month, Wise was the cheapest app on 93% of the days it appeared for £6,000 transfers.

For one off transfers

Online transfers

Sending money online is good for occasional medium sized ILS transfers, around £1,000 - £5,000.

Online companies like Wise often have higher limits and/or first time promos.

Of the 9 companies we compared, Wise is the cheapest online service and will get you ₪24,487.33 on a £6,000 transfer.

In our comparisons over the past month, it was the cheapest online service on 28 of the 30 days it quoted.

For large transfers

Brokers

Currency brokers like Key Currency 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 Israel, and 24/7 support.

Key Currency charges no fees on large transfers, but adds 0.25% markup on top of the current GBP/ILS rate.

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

Our analysis shows Key Currency was the cheapest broker in 89% of the transfers from £6,000 it quoted.

For spending and receiving

Multi-currency accounts

Multi-currency accounts let you hold and spend New Israeli Sheqel abroad like a local.

Wise offers the best multi-currency account.

With it, converting £6,000 to ILS will get you ₪24,487.33 after fees.

If you don’t have ILS in your account, your GBP will auto-convert whenever you pay with Wise in Israel.

Once you have ILS in the account, there are no extra fees from Wise 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 Israel, companies like Airwallex, WorldFirst, or Payoneer handle batch and recurring payments a consumer app simply can’t.

Only if you have to

Banks

Your UK bank is the most expensive way to send money to Israel.

On a £6,000 transfer, banks like Barclays will add 2.78% markup, getting you ₪23,923.81 vs ₪24,536.58 with Key Currency.

We found Barclays was the cheapest bank on 25 of the 26 days it appeared for this amount.

Ways to fund GBP and receive ILS in Israel

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

Our data shows that Key Currency gets your recipient 612.77 ILS more than Barclays, today's cheapest bank, on the same £6,000.

The overall best and cheapest way to send £6,000 to Israel is via Key Currency, using a bank transfer to deposit GBP and bank deposit to receive ILS.

Depositing GBP

You have 3 pay-in options for transfers to Israel, including bank transfer, debit card, and credit 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 credit card.

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

Receiving money in Israel

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

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

Digital wallets

Your recipient can receive ILS 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

    ₪24,537

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay £6,000.00

    ₪24,410

    -₪127

  3. 3
    Credit card Bank deposit

    You pay £6,000.00

    ₪24,314

    -₪222

Consider this when sending GBP to Israel

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

Compare GBP/ILS transfer options

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

Cheapest way to send money to Israel

The cheapest way is to use Key Currency, pay in with a bank transfer and withdraw via bank deposit. You will get ₪24,536.58, which is 0.02% more than the next best option.

Fastest way to send money to Israel

The fastest way is to use Wise via bank transfer deposit and bank deposit for pay out. You get ₪24,487.33 and it will arrive in within 3 hours.

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/ILS 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 Key Currency will get you 24,536.58 ILS, that’s including £0 fee and 0.25% in exchange rate markup.

A bank like Barclays on the other hand, will get you ₪23,923.81, that’s £0 in fees but 2.78% in FX fees.

Taxes on money transfers

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

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 9 regulated companies offering money transfers from the UK to Israel in real time.

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

Most GBP/ILS 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/ILS 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.