How to send money to Mongolia from UK with the best GBP-MNT rate

We’ve compared 4 companies, and found Regency FX to be the cheapest, while Revolut the fastest.

Sending £6,000 gets you ₮28,533,578.72 with Regency FX at 4755.5965 rupees per pound, about 0.83% more than the next best option.

Best companies for GBP/MNT transfers

4 of 4 providers

Last updated on 28 September 2026

Based on 6,000 GBP transfer

Best companies for GBP/MNT transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee £187.27 1 GBP = 4763.1700 MNT +0.11% vs mid-market Recipient gets ₮27,687,021.15 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
£187.271 GBP = 4763.1700 MNT
₮27,687,021.15You pay£6,000.00
Promoted

Regency FX

Pay via Bank transfer
Fee £0.00 1 GBP = 4755.5965 MNT +0.27% vs mid-market Recipient gets ₮28,533,578.72 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 4755.5965 MNT
₮28,533,578.72You pay£6,000.00

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Showing top United Kingdom to Mongolia deals for 6,000 GBP. Do a live search with your exact amount for today's best rates.
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee £0.00 1 GBP = 4755.5965 MNT +0.27% vs mid-market Recipient gets ₮28,533,578.72 Minutes - 24 hours
Cheapest
Personal account managerReceive to bank accountProfessional, personal service

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 4755.5965 MNT
₮28,533,578.72You pay£6,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee £59.00 1 GBP = 4762.7701 MNT +0.12% vs mid-market Recipient gets ₮28,295,617.32 Within minutes
Fastest
Multi-currency cardReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositWithin minutes
£59.001 GBP = 4762.7701 MNT
₮28,295,617.32You 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.

$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee £4.99 1 GBP = 4649.6092 MNT +2.52% vs mid-market Recipient gets ₮27,897,655.20 Minutes - 24 hours

Ways to receive money in Mongolia with MoneyGram when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
£4.991 GBP = 4649.6092 MNT
₮27,897,655.20You pay£6,004.99

Wise

Pay via Bank transfer
Fee £187.27 1 GBP = 4763.1700 MNT +0.11% vs mid-market Recipient gets ₮27,687,021.15 Within a week
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
£187.271 GBP = 4763.1700 MNT
₮27,687,021.15You pay£6,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee £188.00 1 GBP = 4762.7701 MNT +0.12% vs mid-market Recipient gets ₮27,681,219.97 Within minutes
Multi-currency cardReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositWithin minutes
£188.001 GBP = 4762.7701 MNT
₮27,681,219.97You 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 Debit card
Fee £205.23 1 GBP = 4763.1700 MNT +0.11% vs mid-market Recipient gets ₮27,601,474.62 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
£205.231 GBP = 4763.1700 MNT
₮27,601,474.62You pay£6,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee £4.99 1 GBP = 4568.9309 MNT +4.27% vs mid-market Recipient gets ₮27,413,585.40 Minutes - 24 hours

Ways to receive money in Mongolia with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
£4.991 GBP = 4568.9309 MNT
₮27,413,585.40You pay£6,004.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee £4.99 1 GBP = 4568.9309 MNT +4.27% vs mid-market Recipient gets ₮27,413,585.40 Minutes - 24 hours

Ways to receive money in Mongolia with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
£4.991 GBP = 4568.9309 MNT
₮27,413,585.40You pay£6,004.99

Wise

Pay via Credit card
Fee £312.99 1 GBP = 4763.1700 MNT +0.11% vs mid-market Recipient gets ₮27,088,195.42 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

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

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
£312.991 GBP = 4763.1700 MNT
₮27,088,195.42You pay£6,000.00
How Our Results Work
Mid-market rate: 1 GBP = 4768.4713 MNT Updates every 60 minutes.

How to send money from UK to Mongolia

Pick a company

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

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

The best option will change depending on how much you actually send, so I suggest to get the best GBP/MNT 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 £6,000 transfer it's normally instant but can take a couple hours.

Compare amounts

How much GBP are you sending to Mongolia?

How much GBP you send to Mongolia 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.

Cheapest service
£5000.25%£1.20₮2,373,590.32with bank transfer to bank deposit+₮546,128.50
£1,0000.20%£1.50₮4,746,141.89with bank transfer to bank deposit+₮113,915.58
£2,0000.14%£13.00₮9,449,032.32with bank transfer to bank deposit+₮231,855.56
£6,000This page0.27%£0.00₮28,533,578.72with bank transfer to bank deposit+₮798,919.48
£250,0000.20%£0.00₮1,187,347,992.61with bank transfer to bank deposit+₮20,805,849.04

Mid-market rate: 1 GBP = 4768.4713 MNT

Ways to send money from the UK to Mongolia

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

For small & frequent transfers

Money transfer apps

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

It charges £59 in fees, has 0.12% markup, lets you save recipient details, and MNT will arrive in minutes.

For one off transfers

Online transfers

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

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

Of 1 online services, MoneyGram is the cheapest and will get you ₮27,897,655.2 on £6,000 transfer.

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 Mongolia, and 24/7 support.

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

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

For fast money transfers

Cash transfer

Sending cash is the fastest way to send money from the UK to Mongolia, but is usually a bit more more expensive.

You will need to deposit £6,000 online via MoneyGram, and your recipient in Mongolia will be able to collect ₮27,897,655.2 in minutes.

For spending and receiving

Multi-currency accounts

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

Revolut offers the best multi-currency account.

With it, converting £6,000 to MNT will get you ₮28,295,617.32 after fees.

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

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

For business transfers

Global accounts

Global accounts are for UK businesses making payments overseas.

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

Ways to fund GBP and receive MNT in Mongolia

Pay-in and pay-out methods will affect how much GBP you deposit and how much MNT 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 Mongolia is via Regency FX, using a bank transfer to deposit GBP and bank deposit to receive MNT.

Depositing GBP

You have 3 pay-in options for transfers to Mongolia, 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 Mongolia

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

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

Digital wallets

Your recipient can receive MNT 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

    ₮28,533,579

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay £6,000.00

    ₮27,681,220

    -₮852,359

  3. 3
    Credit card Bank deposit

    You pay £6,004.99

    ₮27,413,585

    -₮1,119,993

Consider this when sending GBP to Mongolia

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

Compare GBP/MNT transfer options

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

Cheapest way to send money to Mongolia

The cheapest way is to use Regency FX, pay in with a bank transfer and withdraw via bank deposit. You will get ₮28,533,578.72, which is 0.83% more than the next best option.

Fastest way to send money to Mongolia

The fastest way is to use Revolut via bank transfer deposit and bank deposit for pay out. You get ₮28,295,617.32 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/MNT transfers (roughly £10,000 up) expect a source-of-funds check, such as a payslip or a statement.

That's anti-money-laundering checks, but it holds transfers up, so be prepared.

The transfer costs involved

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

For example, sending ₮28,533,578.72 with Regency FX will get you 28,533,578.72 MNT, 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 Mongolia.

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.

Live GBP-MNT Exchange Rate

Finding the best exchange rate for GBP to MNT

The exchange rate you secure impacts how much MNT you get for your GBP, so waiting a day or two can get you more Tugrik.

Mid-market rate:1 GBP = 4,766.259267 MNT

How we analyse the market

We track 4 regulated companies offering money transfers from the UK to Mongolia in real time.

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

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

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.