Overall top choice: Wise
Of the 26 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Over the last six months, Wise appeared in 100% of searches for transfers between the United Kingdom and Italy.
When sending money from the United Kingdom to Italy, using Wise in a great option.
How to get the best deal on your United Kingdom to Italy transfer
Considerations ahead of sending money from United Kingdom to Italy
A comparison of providers offering services between the United Kingdom and Italy, 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 26 providers that provide services for sending Pound Sterling to Italy. This ensures you will get the best options for your transfer to Italy 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 Italy.
Cheapest way to send money to Italy from the United Kingdom: Dahabshiil
They offer an average fee of 2.96* GBP and exchange rate between GBP-EUR that is -0.29% different to the mid-market rate.
In comparison, Dahabshiil is 0% cheaper than the second-best option.
To secure affordable and great rates on a GBP to Italy transfer, Dahabshiil is our recommended choice.
*The most common fee applied to GBP-EUR by Dahabshiil, based on data from the past six months.
Fastest way to transfer money from United Kingdom to Italy: Wise
Our data shows that Wise came up as the fastest option for sending Pound Sterling into Euro in 75.5% of searches. This makes them well suited to urgent GBP to EUR money transfers.
The average fee for a GBP-Euro transfer through Wise is 29.95 GBP.
To get the 'fastest' option we compared 26 providers for overall speed of sending money from the United Kingdom to Italy - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in Italy.
When speed matters, Wise is your best choice for sending into Italy from the United Kingdom.
Transferring large sums of money
Of the 26 money transfer companies tested, Wise is the strongest option for large transfers from the United Kingdom to Italy.
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 Italy 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 cost of sending money to Italy from United Kingdom
The cost of sending money from Italy to Italy, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from GBP-EUR is 1.2093 EUR per Pound Sterling.
Finding a provider offering an exchange as close to 1.2093 as possible will ensure more Euro received when transferring.
For context, the GBP-EUR mid-market rate for the past three months has averaged 1.1871 EUR per Pound Sterling. This includes a high of 1.2086, and low of 1.161.
Wise currently offers the best exchange rate on transfers from the United Kingdom to Italy.
For the most part the GBP-EUR exchange rate you receive is the biggest factor impacting the cost of sending GBP to Italy.
Fees: Outside of exchange rates, you may need to pay a fee to send. Dahabshiil currently offers the lowest fees on transfers to Italy from the United Kingdom, averaging 2.96 GBP over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Euro is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Pound Sterlings to EUR, paired with a low fee, means a higher total amount received in Italy.
Tracking the exchange rate for Pound Sterling to Euro
Getting a better exchange rate between GBP and EUR can make a huge difference to the overall cost of sending money.
Over the last six months, between the United Kingdom and Italy, the average numbers are:
GBP to EUR saw an average 1.1871 EUR mid-market rate.
The highest point was 1.2086 EUR, while the lowest was 1.161 EUR.
26 providers are currently offering transfers between the United Kingdom and Italy.
Want to secure the best GBP-Euro 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 Italy!
Funding your United Kingdom to Italy transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Italy 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 Italy.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.