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The best way to send money from United Kingdom to Israel

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

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

Transferring the other way? Send ILS from Israel to United Kingdom instead.
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Best choice: Wise

Wise is our recommended way to send Pound Sterling to ILS.

We tested & reviewed dozens of money transfer providers, and Wise scored highly.

Wise appeared in 100% of the United Kingdom to Israel searches in the last 6 months, and was the top rated company out of 19 that support GBP to ILS.

So for a great blend of cost, speed & features, make your the United Kingdom to Israel transfer using Wise.

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How to compare companies offering money transfers from United Kingdom to Israel

Summary of recent searches

Top rated for transfers from United Kingdom to Israel
Wise
Total number of GB - IL providers
19
Average cheapest fees & rate
Key Currency
Average fastest transfer
TorFx
Average transfer time
Within minutes
Best for bank transfers
Revolut
Best for debit card
Xe

Get the most from sending money from United Kingdom to Israel

1
Compare providers

Comparing providers offering services between the United Kingdom and Israel based on your specific transfer amount, is the easiest way to get the best price on your transfer.

We cover the entire GBP-ILS market and have compared 19 providers offering services between the United Kingdom and Israel.

This ensures you will get the most comprehensive options for sending Pound Sterling to Israel.

Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific the United Kingdom to Israel transfer needs.

2
Beat the Pound Sterling-New Israeli Sheqel exchange rate
3
Choose the right payment method
4
Financial regulations across United Kingdom and Israel
5
Consider minimum and maximum limits
6
Receiving money in Israel
7
Be ready with your ID
8
Tax declarations

Cheapest way to send money to Israel from the United Kingdom: Revolut

Of the 19 providers compared, Revolut is the cheapest option for sending money over the last six months.

The cost is a combination of an average fee of 0* GBP and an exchange rate for converting Pound Sterling to New Israeli Sheqel that is 0.12% different to the mid-market rate.

On average, Revolut is 0% cheaper than the second-best option.

We would recommend Revolut for low cost, affordable transfers from New Israeli Sheqels to Israel.

*The most common fee applied to GBP-ILS by Revolut, based on data from the past six months.

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Fastest way to send money to Israel from the United Kingdom: TorFx.

Of the 19 companies offering the United Kingdom to Israel, TorFx is the quickest.

In our comparison, we found TorFx to be the fastest way to send Pound Sterlings to New Israeli Sheqel in 50% of transfers. For quick transfers between GBP and ILS, TorFx comes highly recommended.

Sending money from the United Kingdom to Israel through TorFx has an average fee of 0 GBP.

To find the fastest company, we compared 19 money transfer providers for the overall speed of sending money from the United Kingdom to Israel. This was made up of depositing Pound Sterling to a money transfer account and transfer times to Israel.

When looking for the fastest money transfer, TorFx is our best choice for sending into Israel from United Kingdom.

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Transferring large sums of money

For transfers of larger amounts of New Israeli Sheqels to Israel picking a provider with a competitive exchange rate and hands on management can make a huge difference.

Of the
19 money transfer companies tested, Wise is the strongest option for large transfers from the United Kingdom to Israel.

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 Israel 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 Israel from United Kingdom

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

The Mid-Market and Exchange Rates: The current GBP-ILS mid-market rate is 4.5661 ILS per Pound Sterling. Finding a provider as close to this number as possible will ensure more New Israeli Sheqel for your money.

  • As a comparison, the GBP-ILS mid-market rate for the past three months has averaged 4.7979 ILS per Pound Sterling, hitting a high of 5.0392 and a low of 4.6388.

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

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

Fees: Transfer fees are charged on top of a transfer. Key Currency currently offers lowest fees, at an average of 0 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 New Israeli Sheqel is the biggest indicator in the total cost of sending money to the United Kingdom from Israel. The higher the total amount received in Israel, the lower the cost of sending from the United Kingdom.

How to find the best exchange rate for Pound Sterling to New Israeli Sheqel

Timing is essential for sending money between GBP and ILS. The exchange rate you secure impacts how much ILS you get for your GBP.

Mid-market Rate
1
= 4.566145 ILS

Let's dive into some interesting recent trends.

  • Over the past six months, the exchange rate from GBP to ILS has seen some fluctuation. On average, it stood at 4.7979.

  • During this period, the highest value recorded was 5.0392, while the lowest was 4.6388.

  • Wise, which is our recommended service to send money online from United Kingdom to Israel offers an exchange rate that is only -0.12% above the mid-market rate.

Want to secure the best GBP-New Israeli Sheqel 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 Israel!

Funding your United Kingdom to
Israel transfer

  • Bank transfers

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

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


    From the 19 we tested, the cheapest provider for bank transfers from GBP to Israel is Revolut.

    With an average fee of GBP0 to send money from the United Kingdom to Israel, Revolut offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

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


    Xe is a leader in accepting card payments for transfers between the United Kingdom and Israel.

  • Credit cards

    is the best money transfer company of the 19 compared for credit card transfers from the United Kingdom to Israel

    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 Israel 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 Israel.


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


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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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.