Best way to send: Wise
We tested & reviewed 17 money transfer companies offering services between the United Kingdom and Bulgaria, and Wise scored highly.
In total, Wise appeared in 100% of United Kingdom to Bulgaria searches, and was the top rated company out of 17 that support transfers into Bulgarian Lev.
So for a great mix of cost, speed & features, make your United Kingdom to Bulgaria transfer using Wise.
Getting the best deal on your United Kingdom to Bulgaria transfer
Considerations to make sending money from United Kingdom to Bulgaria easy
Comparing the different providers offering services between the United Kingdom and Bulgaria, is the best way to send money with confidence.
The 17 providers we've compared ensures you will get the best options for your transfer to Bulgaria from United Kingdom. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring Pound Sterling to Bulgaria.
Cheapest way to transfer money from United Kingdom to Bulgaria: TalkRemit
Data collected over the past six months shows that TalkRemit is 0.1% cheaper than the second-best option.
This includes an average transfer fee of 0* GBP an exchange rate for buying Bulgarian Lev with Pound Sterlings that is 0.11% different to the mid-market rate.
If you want to secure the best rates on transfers from United Kingdom to Bulgaria, TalkRemit will result in the most Bulgarian Lev received.
*The most common fee applied to GBP-BGN by TalkRemit, based on data from the past six months.
Fastest way to transfer money from United Kingdom to Bulgaria: Wise
Our data shows that Wise came up as the fastest option for sending Pound Sterling into Bulgarian Lev in 46.7% of searches. This makes them well suited to urgent GBP to BGN money transfers.
The average fee for a GBP-Bulgarian Lev transfer through Wise is 5.68 GBP.
To get the 'fastest' option we compared 17 providers for overall speed of sending money from the United Kingdom to Bulgaria - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in Bulgaria.
When speed matters, Wise is your best choice for sending into Bulgaria from the United Kingdom.
Transferring large sums of money
Of the 17 money transfer companies tested, Wise is the strongest option for large transfers from the United Kingdom to Bulgaria.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from the United Kingdom to Bulgaria can become expensive through your bank or with the wrong provider.
Wise is our choice for sending large sums of money to GBP because they offer a strong all-round product.
Understanding the cost of moving money from United Kingdom to Bulgaria
The total cost of sending money to Bulgaria from the United Kingdom, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for GBP-BGN is 2.3603 BGN per Pound Sterling.
Finding a company offering an exchange rate closer to this will mean more Bulgarian Lev for your Pound Sterling.
The average GBP-BGN mid-market rate for the last three months has been 2.3307 BGN per Pound Sterling. This includes a high of 2.3483, and low of 2.2752.
Out of the 17 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting GBP to BGN should be the biggest determining cost factor when transferring Pound Sterling to Bulgaria.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. TalkRemit, with a fee average of 0 GBP per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Bulgarian Lev eventually received in Bulgaria.
A lower cost of sending from the United Kingdom will result in more money received in Bulgaria.
Tracking the exchange rate for Pound Sterling to Bulgarian Lev
Getting a better exchange rate between GBP and BGN can make a huge difference to the overall cost of sending money.
Over the last six months, between the United Kingdom and Bulgaria, the average numbers are:
GBP to BGN saw an average 2.3307 BGN mid-market rate.
The highest point was 2.3483 BGN, while the lowest was 2.2752 BGN.
17 providers are currently offering transfers between the United Kingdom and Bulgaria.
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United Kingdom to Bulgaria money transfer payment methods
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Bulgaria and United Kingdom.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from United Kingdom to Bulgaria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to BGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.