Send money from United Kingdom to Eritrea
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Best option: Wise
We tested & reviewed 4 money transfer providers, and Wise scored highly in each category.
For example, sending 6,000 GBP to ERN will cost you £49.01 in fees, and you will receive 121,878.06 ERN. The delivery time usually is within a week, but it depends on the day you make the transfer.
For a great mix of cost, speed & features, transfer from United Kingdom to Nakfa using Wise.

How to compare companies offering money transfers from United Kingdom to Eritrea
Considerations for money transfers from United Kingdom to Eritrea
Comparing providers offering services between the United Kingdom and Eritrea, based on your specific needs is the best way to send money with confidence.
Our comparison includes 4 companies that provide the ability to send Pound Sterling to Eritrea.
This ensures you get the best options for transfers to Eritrea from the United Kingdom, based on the amount you want to send.
Cheapest way to send money from United Kingdom to Eritrea: Wise
Our data shows, over the past week, that Wise is 1.29% than the second-best option when sending via a bank transfer.
This measure includes a fee of 49.01 GBP and a GBP-ERN exchange rate for international transfers that is 0.01% different to the mid-market rate.
Securing the best rates on a GBP to Eritrea transfer can be done with Wise but you can always search for your specific amount.

Fastest way to transfer money from United Kingdom to Eritrea: Xoom
With Xoom , the transfer time to Eritrea is minutes - 24 hours, with a 0 GBP transfer fee (based on £6,000 transfer)
To get the 'fastest' option we compared 4 providers for overall speed of sending money from the United Kingdom to Eritrea - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in Eritrea.
Need to send over £10,000 from the UK? TorFX is your best option
Opt for a service proven with large transfers when size matters. For transfers over £10,000, your best option is TorFX.
While TorFX may not always be the cheapest or fastest way to send GBP to Eritrea, they will keep you safe and relaxed while your money moves into ERN.

Understanding the costs involved when transferring money from United Kingdom to Eritrea
When calculating the costs of money transfers between United Kingdom and Eritrea, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the GBP-ERN mid-market rate equals 20.4833 ERN per Pound Sterling.
For reference, the GBP-ERN average mid-market rate for the past 7 days has been 20.5006 ERN per Pound Sterling, with a high of 20.5832 and a low of 20.4599.
The company offering the best exchange rate is Wise.
Often the GBP-ERN exchange rate you receive is the bigger factor than how much it costs to send Pound Sterlings to Eritrea.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Wise, cahrging 49.01 GBP per transfer. We would recommend searching for your exact send amount to get an idea of fees.
Amount Received: The amount received in Nakfa is the biggest indicator the total cost of sending money from the United Kingdom to Eritrea. Essentially, the more the recipient receives in Eritrea, the less it is costing to send from the United Kingdom.
Tracking the exchange rate for Pound Sterling to Nakfa
Getting a better exchange rate between GBP and ERN can make a huge difference to the overall cost of sending money.
Over the last 7 days, between the United Kingdom and Eritrea, the average numbers are:
GBP to ERN saw an average 20.5006 ERN mid-market rate.
The highest point was 20.5832 ERN, while the lowest was 20.4599 ERN.
Wise, which is our recommended service to send money online from United Kingdom to Eritrea offers 20.4803 ERN per GBP which is only 0.01% above the mid-market rate.
Want to secure the best GBP-Nakfa exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from United Kingdom to Eritrea!
Funding your United Kingdom to Eritrea transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Eritrea 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 Eritrea.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to ERN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
