Best option: Wise
We tested & reviewed 4 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 100% of United Kingdom to Gibraltar searches, and was the top rated company supporting money transfers between GBP and GIP.
For a great mix of cost, speed & features, transfer from United Kingdom to Gibraltar Pound using Wise.
How to compare companies offering money transfers from United Kingdom to Gibraltar
Considerations ahead of sending money from United Kingdom to Gibraltar
A comparison of providers offering services between the United Kingdom and Gibraltar, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 4 providers that provide services for sending Pound Sterling to Gibraltar. This ensures you will get the best options for your transfer to Gibraltar from the United Kingdom.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United Kingdom to Gibraltar.
Cheapest way to send money to Gibraltar from the United Kingdom: MoneyGram
Data collected through our comparison over the past six months shows that MoneyGram is 0.9% cheaper than the second-best option.
The cost is made up of an average fee of 20.63* GBP and an exchange rate for buying Gibraltar Pound with Pound Sterling that is 2% different to the mid-market rate.
If you want to secure the best rates on a United Kingdom to Gibraltar transfer, MoneyGram offers value. We would still recommend searching for the amount you want to send to Gibraltar.
*The most common fee applied to GBP-GIP by MoneyGram, based on data from the past six months.
Fastest way to transfer money from United Kingdom to Gibraltar: TransferGo
Our data shows that TransferGo came up as the fastest option for sending Pound Sterling into Gibraltar Pound in 100% of searches. This makes them well suited to urgent GBP to GIP money transfers.
The average fee for a GBP-Gibraltar Pound transfer through TransferGo is 0 GBP.
To get the 'fastest' option we compared 4 providers for overall speed of sending money from the United Kingdom to Gibraltar - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in Gibraltar.
When speed matters, TransferGo is your best choice for sending into Gibraltar from the United Kingdom.
Transferring large sums of money
Of the 4 money transfer companies tested, Wise is the strongest option for large transfers from the United Kingdom to Gibraltar.
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 Gibraltar 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 costs involved when transferring money to Gibraltar from United Kingdom
When calculating the cost of sending money from the United Kingdom to Gibraltar, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current GBP-GIP mid-market rate is 1.0007 GIP per Pound Sterling. Finding a provider as close to this number as possible will ensure more Gibraltar Pound for your money.
As a comparison, the GBP-GIP mid-market rate for the past three months has averaged 1.008 GIP per Pound Sterling, hitting a high of 1.0133 and a low of 1.0028.
Wise is currently offering the best exchange rate on transfers between the United Kingdom and Gibraltar.
Often the GBP-GIP exchange rate you receive will be the biggest factor impacting the cost of sending Pound Sterling to Gibraltar.
Fees: Transfer fees are charged on top of a transfer. Wise currently offers lowest fees, at an average of 20.63 GBP over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Gibraltar Pound is the biggest indicator in the total cost of sending money to the United Kingdom from Gibraltar. The higher the total amount received in Gibraltar, the lower the cost of sending from the United Kingdom.
Tracking the exchange rate for Pound Sterling to Gibraltar Pound
Getting a better exchange rate between GBP and GIP can make a huge difference to the overall cost of sending money.
Over the last six months, between the United Kingdom and Gibraltar, the average numbers are:
GBP to GIP saw an average 1.008 GIP mid-market rate.
The highest point was 1.0133 GIP, while the lowest was 1.0028 GIP.
4 providers are currently offering transfers between the United Kingdom and Gibraltar.
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Funding your United Kingdom to Gibraltar transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Gibraltar 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 Gibraltar.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to GIP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.