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Best option: Wise
We tested & reviewed 5 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 100% of United Kingdom to Iraq searches, and was the top rated company supporting money transfers between GBP and IQD.
For a great mix of cost, speed & features, transfer from United Kingdom to Iraqi Dinar using Wise.
How to get the best deal on your United Kingdom to Iraq money transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to get the best exchange rates on sending money from the United Kingdom to Iraq.
- Choose a provider
Select the provider that offers you the best value and timeframes for transfers between the United Kingdom and Iraq.
- Click, sign up & send
Follow the steps & make your transfer to Iraq. Your funds will be sent from the United Kingdom and converted into Iraqi Dinar.
Summary of recent searches
Considerations ahead of sending money from United Kingdom to Iraq
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 5 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.
Cheapest way to send money to Iraq from the United Kingdom: Wise
Data collected through our comparison over the past six months shows that Wise is 0% cheaper than the second-best option.
The cost is made up of an average fee of 186.63* GBP and an exchange rate for buying Iraqi Dinar with Pound Sterling that is 0% different to the mid-market rate.
If you want to secure the best rates on a United Kingdom to Iraq transfer, Wise offers value. We would still recommend searching for the amount you want to send to Iraq.
*The most common fee applied to GBP-IQD by Wise, based on data from the past six months.
Fastest way to transfer money from United Kingdom to Iraq: Ria Money Transfer
Our data shows that Ria Money Transfer came up as the fastest option for sending Pound Sterling into Iraqi Dinar in 51.7% of searches. This makes them well suited to urgent GBP to IQD money transfers.
The average fee for a GBP-Iraqi Dinar transfer through Ria Money Transfer is 4 GBP.
To get the 'fastest' option we compared 5 providers for overall speed of sending money from the United Kingdom to Iraq - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in Iraq.
When speed matters, Ria Money Transfer is your best choice for sending into Iraq from the United Kingdom.
Transferring large sums of money
Of the 5 money transfer companies tested, Wise is the strongest option for large transfers from the United Kingdom to Iraq.
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 Iraq 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 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 1,648.9277 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 three months has averaged 1,698.1019 IQD per Pound Sterling, hitting a high of 1,756.5259 and a low of 1,641.0692.
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. Wise currently offers lowest fees, at an average of 186.63 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 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.
Over the last six months, between the United Kingdom and Iraq, the average numbers are:
GBP to IQD saw an average 1,698.1019 IQD mid-market rate.
The highest point was 1,756.5259 IQD, while the lowest was 1,641.0692 IQD.
5 providers are currently offering transfers between the United Kingdom and Iraq.
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 Wise 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 5 we tested, the cheapest provider for bank transfers from GBP to Iraq is Wise.
With an average fee of GBP186.63 to send money from the United Kingdom to Iraq, Wise 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
Wise is the best money transfer company of the 5 compared for credit card transfers from the United Kingdom to Iraq
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
