Send money to Libya
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Moneygram is a well established service with over 80 years in the sector. They support over 200 countries worldwide and have over 440,000 retail locations."
How to get the best rate when sending money to Libya
We found Wise to be the best way to send money to Libya.
After testing and reviewing 2 money transfer providers servicing Libya, Wise came out on top.
Wise offers quick transfers, adds a -0.27% markup on LYD transfers, and costs $60.74 in fees.
This makes it the best option for a mix of cost, speed & features for LYD transfers.

Cheapest way to send money to Libya: Wise
If you want to make the most of your LYD transfer, the cheapest way is to use Wise and pay for your transfer with a bank transfer.
With just $60.74 in fees and -0.27% markup, Wise is 8.31% cheaper than the next best option.
With Wise, if you were to send 7,000 USD to LYD, your recipient would get 37,535.5 Libyan Dinar, this is more than with other providers on our list.
*Based on 7,000 USD transfer.

The fastest way to send money to Libya: MoneyGram
Based on a $7,000 transfer and our comparison data for LYD transfers, MoneyGram is the quickest option for sending LYD to Libya.
With MoneyGram, the transfer time to Libya is minutes - 24 hours.
They charge $490.00000000000006 in fees and apply a 2% markup on the ‘real’ LYD rate. This is 0% cheaper than the second-best provider.
For the best balance between speed and cost, we suggest using a deposit for Libyan Dinar transfers.

The easiest way to send money to Libya: Wise
They offer transparent fees, charging $60.74 per transfer with -0.27% markup added to the LYD rate.
Getting started with Wise takes less than 3 minutes, making it a fast, affordable, and user-friendly choice for sending Libyan Dinar.

Consider this before sending money to Libya
Don't settle for the first option. Always compare ways to send money to Libya to find out about fees, speed, and reliability.
Our analysis included 2 providers that operate in Libya.
Through this, you get a comprehensive view of all the options you have when sending money to Libya.
Need to send over $10,000?
For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send LYD, but they offer the best exchange rate, years of experience, and will offer you the peace of mind you need when sending large amounts abroad.

Understand the costs of money transfers to Libya
The cost of sending LYD depends on where you're sending from, the amount of LYD sent, deposit and delivery methods, transfer fees, and the markup applied to the LYD mid-market rate.
For example, if you're transferring $7,000 from the US to Libya, you can expect the following:
Transfer fees to Libya
Depending on the service you use to send Libyan Dinar, transfer fees can be percentage-based, fixed, or a combination of both.
Wise charges only $60.74 per transfer based on our analysis of 2 services supporting LYD transfers in July 2025.
Markup on LYD exchange rate
A markup is a percentage added to the LYD mid-market rate by a money transfer service (or a bank).
Wise offers the best LYD exchange rates by applying a -0.27% markup on the USD-LYD rate. This means for every US Dollar sent, you receive 5.4067 LYD minus -0.27% deducted from it.
Funding transfer to Libya
How you fund your transfer to Libya can impact the cost:
Bank transfers typically have the lowest fees, often costing up to $60.74 per transfer.
Debit cards may cost up to $ per transfer.
Credit cards may come with cash advance fees and increased rates.
Overall, bank transfer is the cheapest funding method for LYD transfers.
Get the best LYD exchange rate
The exchange rate is the value of the LYD (Libyan Dinar) against other currencies, and since it fluctuates, it will affect how much LYD the recipient will get. Sending money when LYD reaches the highest value will result in more LYD for your recipient.
Over the past 7 days, the LYD exchange rate has:
Averaged at 5.4067 Libyan Dinar per USD
Reached a high of 5.427 LYD/USD
Dropped to a low of 5.3792 LYD per US Dollar
You should aim to make a transfer when the rate is closer to 5.427 LYD/USD . This will give your recipient in Libya more Libyan Dinar.
Pair your transfer with Wise (who offers the best exchange rate), and you will maximize the amount of LYD received.
Get notified when it’s the best time to send LYD
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Payment methods available for money transfers to Libya
The way you fund your transfer to Libya will impact the speed, cost, and amount of LYD your recipient receives.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available in Libya.
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 to Libya.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to find the best service for your needs when sending money to Libya
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

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FAQs
Find answers to the most common questions on our dedicated FAQ page.