Best choice: Wise
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.
How to compare companies offering money transfers from United Kingdom to Israel
Get the most from sending money from United Kingdom to Israel
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.
Cheapest way to send money to Israel from the United Kingdom: TorFx
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 0.19% different to the mid-market rate.
On average, TorFx is 0% cheaper than the second-best option.
We would recommend TorFx for low cost, affordable transfers from New Israeli Sheqels to Israel.
*The most common fee applied to GBP-ILS by TorFx, based on data from the past six months.
Fastest way to send money to Israel from the United Kingdom: Western Union.
In our comparison, we found Western Union to be the fastest way to send Pound Sterlings to New Israeli Sheqel in 75% of transfers. For quick transfers between GBP and ILS, Western Union comes highly recommended.
Sending money from the United Kingdom to Israel through Western Union 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, Western Union is our best choice for sending into Israel from United Kingdom.
Transferring large sums of money
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 4.8265 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 4.935 ILS per Pound Sterling, hitting a high of 5.0392 and a low of 4.8419.
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. Regency FX 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.
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 4.935.
During this period, the highest value recorded was 5.0392, while the lowest was 4.8419.
Wise, which is our recommended service to send money online from United Kingdom to Israel offers an exchange rate that is only 0.01% above the mid-market rate.
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Funding your United Kingdom to Israel transfer
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.