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How to send money to Iraq from UK with the best GBP-IQD rate

Compare ways to send money from United Kingdom to Iraq. Find the cheapest, fastest, and most reliable providers with the best GBP to IQD exchange rates.

Read on for the best deals, expert information, and all you need to send money to Iraq from United Kingdom.

Transferring the other way? Send IQD from Iraq to United Kingdom instead.
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July 8th, 2025
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Best money transfer companies

Send money from United Kingdom to Iraq

Last updated: Today
Mid-market rate as of 07/08/2025: 1 GBP = 1782.899765 IQD
Results below are based on a 6000 GBP search
0 of 2 providers
Sponsored
Wise
Recipient gets (IQD)
IQD 10,624,897.55
Full transfer details
Visit Wise
IQD 248,421 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Live Rates
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1
Wise
Recipient gets (IQD)
IQD 10,624,897.55
Full transfer details
Visit Wise
IQD 248,421 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Mid-market rate updates every 60 minutes
Estimated Rates
We don't have access to live rates from these companies. Instead, we've researched their average exchange rates and fees.
MoneyGram
Recipient gets (IQD)
IQD 9,749,609.07
Sponsored
Wise
Recipient gets (IQD)
IQD 10,624,897.55
Full transfer details
Visit Wise
IQD 248,421 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers

Best option: Wise

Wise is our top choice for GBP to IQD transfers.

We tested & reviewed 2 money transfer providers, and Wise scored highly in each category.

For example, sending 6,000 GBP to IQD will cost you £49.01 in fees, and you will receive 10,624,897.55 IQD. 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 Iraqi Dinar using Wise.

Wise is the top rated company for sending money from United Kingdom (GBP) to Iraq (IQD) - Wise Screenshot

How to get the best deal on your United Kingdom to Iraq money transfer

Summary of recent searches

Top rated for transfers from United Kingdom to Iraq
Wise
Total number of GB - IQ providers
2
Average cheapest fees & rate
MoneyGram
Average fastest transfer
MoneyGram
Average transfer time
Within minutes
Best for bank transfers
MoneyGram
Best for debit card
Wise

Considerations ahead of sending money from United Kingdom to Iraq

1
Compare providers

A comparison of providers offering services between the United Kingdom and Iraq, 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 2 providers that provide services for sending Pound Sterling to Iraq. This ensures you will get the best options for your transfer to Iraq 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 Iraq.

2
Get ahead of the Pound Sterling-Iraqi Dinar exchange rate
3
Choose the right payment method
4
Financial regulation in Iraq and United Kingdom
5
Consider transfer limits
6
Receiving money in Iraq
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to Iraq from the United Kingdom: MoneyGram

MoneyGram combines the lowest fees with the best exchange rate and from the 2 companies compared offers the cheapest transfers to Iraq from the United Kingdom.

Data collected through our comparison over the past week shows that MoneyGram is -8.98% cheaper than the second-best option.

The cost is made up of a fee of 420.00000000000006 GBP and an exchange rate for buying Iraqi Dinar 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 Iraq transfer, MoneyGram offers value. We would still recommend searching for the amount you want to send to Iraq.

MoneyGram is the cheapest way to send money from United Kingdom (GBP) to Iraq (IQD) - MoneyGram Screenshot

Fastest way to transfer money from United Kingdom to Iraq: MoneyGram

Of the 2 companies compared, MoneyGram currently offers the fastest money transfers to Iraq from the United Kingdom.

With MoneyGram , the transfer time to Iraq is minutes - 24 hours, with a 420.00000000000006 GBP transfer fee (based on £6,000 transfer)

To get the 'fastest' option we compared 2 providers for overall speed of sending money from the United Kingdom to Iraq - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in Iraq. 


MoneyGram is the fastest way to send money from United Kingdom (GBP) to Iraq (IQD) - MoneyGram Screenshot

Need to send over £10,000 from the UK? TorFX is your best option

For those big moves, competitive pricing & strong customer service are key.

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 Iraq, they will keep you safe and relaxed while your money moves into IQD.

Understanding the costs involved when transferring money to Iraq from United Kingdom

When calculating the cost of sending money from the United Kingdom to Iraq, a combination of fees and exchange rates ensure the best deal:

The Mid-Market and Exchange Rates: The current GBP-IQD mid-market rate is 1,774.4499 IQD per Pound Sterling. Finding a provider as close to this number as possible will ensure more Iraqi Dinar for your money.

  • As a comparison, the GBP-IQD mid-market rate for the past week has averaged 1,787.0947 IQD per Pound Sterling, hitting a high of 1,794.0239 and a low of 1,782.8998.

  • Wise is currently offering the best exchange rate on transfers between the United Kingdom and Iraq.

  • Often the GBP-IQD exchange rate you receive will be the biggest factor impacting the cost of sending Pound Sterling to Iraq.

Fees: Transfer fees are charged on top of a transfer. MoneyGram currently offers lowest fees of 420.00000000000006 GBP. Although we recommend searching for your exact send amount for an exact fee.

Amount Received: The total amount received in Iraqi Dinar is the biggest indicator in the total cost of sending money to the United Kingdom from Iraq. The higher the total amount received in Iraq, the lower the cost of sending from the United Kingdom.

Tracking the exchange rate for Pound Sterling to Iraqi Dinar

Getting a better exchange rate between GBP and IQD can make a huge difference to the overall cost of sending money.

Mid-market Rate
1 
GBP
=
1774.449889 
IQD

Over the last 7 days, between the United Kingdom and Iraq, the average numbers are:

  • GBP to IQD saw an average 1,787.0947 IQD mid-market rate.

  • The highest point was 1,794.0239 IQD, while the lowest was 1,782.8998 IQD.

  • Wise, which is our recommended service to send money online from United Kingdom to Iraq offers 1785.4000 IQD per GBP which is only -0.14% above the mid-market rate.

Want to secure the best GBP-Iraqi Dinar 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 Iraq!

Funding your United Kingdom to
Iraq transfer

  • Bank transfers

    The default option for sending money from the United Kingdom to Iraq is often a bank transfer.

    Using a money transfer company, such as MoneyGram for transfers from the United Kingdom to Iraq, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


    From the 2 we tested, the cheapest provider for bank transfers from GBP to Iraq is MoneyGram.

    With a fee of GBP420.00000000000006 to send money from the United Kingdom to Iraq, MoneyGram offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

    Sending money from the United Kingdom to Iraq with a prepaid or debit card is easy with Wise.


    Wise is a leader in accepting card payments for transfers between the United Kingdom and Iraq.

  • Credit cards

    When it comes to international credit card transfers from the United Kingdom to Iraq, we recommend comparing your options to get the best deal.

    Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. 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 Iraq 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 Iraq.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to IQD.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

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Are there any minimum or maximum transfer amounts for sending money from United Kingdom to Iraq?
Can I schedule regular transfers between United Kingdom and Iraq?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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