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The best way to send money from United Kingdom to Latvia

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

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

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Best option: Wise

Wise is our top choice for GBP to EUR transfers.

We tested & reviewed 25 money transfer providers, and Wise scored highly in each category.

Over the last six months, Wise appeared in 100% of United Kingdom to Latvia searches, and was the top rated company supporting money transfers between GBP and EUR.

For a great mix of cost, speed & features, transfer from United Kingdom to Euro using Wise.

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How to compare deals on United Kingdom to Latvia money transfers

Summary of recent searches

Top rated for transfers from United Kingdom to Latvia
Wise
Total number of GB - LV providers
25
Average cheapest fees & rate
Zing
Average fastest transfer
Ria Money Transfer
Average transfer time
Within minutes
Best for bank transfers
Zing
Best for debit card
Xe
Best for credit card
Wise

Considerations ahead of sending money from United Kingdom to Latvia

1
Compare providers

A comparison of providers offering services between the United Kingdom and Latvia, 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 25 providers that provide services for sending Pound Sterling to Latvia. This ensures you will get the best options for your transfer to Latvia 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 Latvia.

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

Cheapest way to send money to Latvia from the United Kingdom: Zing

Zing combines the lowest fees with the best exchange rate and from the 25 companies compared offers the cheapest transfers to Latvia from the United Kingdom.

Data collected through our comparison over the past six months shows that Zing is 0% cheaper than the second-best option.

The cost is made up of an average fee of 0* GBP and an exchange rate for buying Euro with Pound Sterling that is 0.2% different to the mid-market rate.

If you want to secure the best rates on a United Kingdom to Latvia transfer, Zing offers value. We would still recommend searching for the amount you want to send to Latvia.

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

Fastest way to transfer money from United Kingdom to Latvia: Ria Money Transfer

Of the 25 companies compared, Ria Money Transfer currently offers the fastest money transfers to Latvia from the United Kingdom.

Our data shows that Ria Money Transfer came up as the fastest option for sending Pound Sterling into Euro in 71.4% of searches. This makes them well suited to urgent GBP to EUR money transfers.

The average fee for a GBP-Euro transfer through Ria Money Transfer is 4 GBP.

To get the 'fastest' option we compared 25 providers for overall speed of sending money from the United Kingdom to Latvia - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in Latvia. 


When speed matters, Ria Money Transfer is your best choice for sending into Latvia from the United Kingdom.

Transfer a large amount of money

To transfer large sums of money from the United Kingdom to Latvia, opt for a provider with a competitive exchange rate and hands on management.

Wise is the strongest option for large transfers of the
25 money transfer companies tested.

Whatever the reason is for the transfer, sending large amounts of money from the United Kingdom to Latvia can become expensive through your bank or with the wrong provider.

Our data shows Wise as the best choice for sending large sums of money to Latvia from the United Kingdom.

Understanding the costs involved when moving money from United Kingdom to Latvia

The total cost of sending money to Latvia from the United Kingdom is a mix of the mid-market, exchange rates and transfer fees.

The Mid-Market and Exchange Rates: The mid-market for GBP-EUR is 1.2093 EUR per Pound Sterling.

Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Euro for your Pound Sterlings.

The GBP-EUR mid-market rate over the last three months has seen the Pound Sterling worth an average 1.1827 EUR. Within this there has been a high of 1.2038, and a low of 1.1564.

From 25 companies compared, Wise offers the strongest exchange rates.

The biggest factor in the overall cost of sending money is the exchange rate you receive on converting GBP to EUR.

Fees: When sending money there may be additional fees. Zing offers the lowest fee of the 25 providers tested, averaging 0 GBP per transfer over the last 6 months.

Amount Received: When comparing providers, the best measure is the amount of Euro eventually received in Latvia.

This number should allow you to determine if you are getting a good deal. A higher amount of money received in Latvia, means a better overall cost of sending money from the United Kingdom.

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.

Mid-market Rate
1
= 1.210587 EUR

Over the last six months, between the United Kingdom and Latvia, the average numbers are:

  • GBP to EUR saw an average 1.1827 EUR mid-market rate.

  • The highest point was 1.2038 EUR, while the lowest was 1.1564 EUR.

  • 25 providers are currently offering transfers between the United Kingdom and Latvia.

Want to secure the best GBP-Euro exchange rates?

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Funding your United Kingdom to
Latvia transfer

  • Bank transfers

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

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


    From the 25 we tested, the cheapest provider for bank transfers from GBP to Latvia is Zing.

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


  • Prepaid and debit cards

    Sending money from the United Kingdom to Latvia 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 Latvia.

  • Credit cards

    Xe is the best money transfer company of the 25 compared for credit card transfers from the United Kingdom to Latvia

    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 Latvia 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 Latvia.


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.

Money transfer company reviews

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Are there any minimum or maximum transfer amounts for sending money from United Kingdom to Latvia?
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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.