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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 55.6% of United Kingdom to Ecuador searches, and was the top rated company out of 11 that support GBP to USD.
So for a great mix of cost, speed & features, make your United Kingdom to Ecuador transfer using Wise.
How to get the best deal on your United Kingdom to Ecuador transfer
Summary of recent searches
Important things to consider before sending money from United Kingdom to Ecuador
Don't settle for the first option. Always compare ways to send money from United Kingdom to Ecuador to find out about fees, speed, and reliability.
Our analysis included 11 providers that operate between United Kingdom and Ecuador.
Through this, you get a comprehensive view of all the options you have in United Kingdom when you need to send money to Ecuador.
Cheapest way to send money to Ecuador from United Kingdom: Instarem
Data collected over the past six months show that Instarem is 0.9% cheaper than the second-best option.
The £0 transfer cost represents the most common fee for GBP to USD international transfers, based on data from the past six months.
If you want to secure the best rates on a GBP to Ecuador transfer, make sure you pick Instarem to send your money online.
*The most common fee applied to GBP-USD by Instarem, based on data from the past six months.
Fastest way to send money from United Kingdom to Ecuador: WorldRemit
Our data shows that WorldRemit came up as the fastest way to send money from United Kingdom to Ecuador in 77.8% of searches. This makes them well suited to urgent GBP to USD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from United Kingdom to Ecuador - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, WorldRemit is your best choice at the moment. This service emerged as the quickest way to send money to Ecuador from United Kingdom in 77.8% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send GBP from United Kingdom to Ecuador, it’s the provider that will keep you safe and relaxed while your money moves into USD.
Understanding the costs involved when moving money from United Kingdom to Ecuador
When calculating the costs of money transfers between United Kingdom and Ecuador, here's what really matters:
The Mid-Market Rate: Today, the GBP-USD mid-market rate equals to 1.2369 USD per Pound Sterling. Keep in mind that this rate fluctuates all the time.
The GBP-USD average exchange rate of the past three months has been 1.2585 USD per Pound Sterling, with a high of 1.2878 and a low of 1.2071.
Fees and Markups: That's where Instarem shines, combining the best of both worlds: excellent GBP to USD rates that are only -0.02% away from the average.
How to find the best exchange rate for Pound Sterling to US Dollar
Timing is essential sending money between GBP and USD. The exchange rate you secure impacts how much USD you get for your GBP.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from GBP to USD has seen some fluctuation. On average, it stood at 1.2585.
During this period, the highest value recorded was 1.2878, while the lowest was 1.2071.
Wise, which is our recommended service to send money online from United Kingdom to Ecuador offers an exchange rate that is only -0.03% above the mid-market rate.
Want to secure the best GBP-US Dollar exchange rates?
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Payment methods available to fund your United Kingdom to Ecuador transfer
Bank transfers
Bank transfers are often the default option for sending money from United Kingdom to Ecuador.
By using a money transfer company such as Instarem for transfers from United Kingdom to Ecuador, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Instarem is the cheapest provider for bank transfers from the 11 we tested when sending GBP to Ecuador.
With an average fee of GBP0 to send money from United Kingdom to Ecuador, Instarem offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from United Kingdom to Ecuador with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from United Kingdom to Ecuador, competing among a total of 11 active money transfer companies on this route. They consistently rank at the top in this category.
Credit cards
When it comes to credit card transfers from United Kingdom to Ecuador, Wise emerges as our top choice of the 11 companies offering this service.
Our comparison engine's last six months of data on GBP to USD searches show Wise has been ranked as the cheapest provider.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Ecuador and United Kingdom.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Ecuador .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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