Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of United Kingdom to Libya searches, and was the top rated company out of 5 that support GBP to LYD.
So for a great mix of cost, speed & features, make your United Kingdom to Libya transfer using Wise.
How to get the best deal on your United Kingdom to Libya transfer
Important things to consider before sending money from United Kingdom to Libya
Don't settle for the first option. Always compare ways to send money from United Kingdom to Libya to find out about fees, speed, and reliability.
Our analysis included 5 providers that operate between United Kingdom and Libya.
Through this, you get a comprehensive view of all the options you have in United Kingdom when you need to send money to Libya.
Cheapest way to send money to Libya from United Kingdom: Wise
Data collected over the past six months show that Wise is 1.7% cheaper than the second-best option.
The £9.52 transfer cost represents the most common fee for GBP to LYD international transfers, based on data from the past six months.
If you want to secure the best rates on a GBP to Libya transfer, make sure you pick Wise to send your money online.
*The most common fee applied to GBP-LYD by Wise, based on data from the past six months.
Fastest way to send money from United Kingdom to Libya: Wise
Our data shows that Wise came up as the fastest way to send money from United Kingdom to Libya in 79.3% of searches. This makes them well suited to urgent GBP to LYD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from United Kingdom to Libya - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Libya from United Kingdom in 79.3% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send GBP from United Kingdom to Libya, it’s the provider that will keep you safe and relaxed while your money moves into LYD.
Understanding the costs involved when moving money from United Kingdom to Libya
When calculating the costs of money transfers between United Kingdom and Libya, here's what really matters:
The Mid-Market Rate: Today, the GBP-LYD mid-market rate equals to 6.016359 LYD per Pound Sterling. Keep in mind that this rate fluctuates all the time.
The GBP-LYD average exchange rate of the past three months has been 6.0583 LYD per Pound Sterling, with a high of 6.1221 and a low of 5.9693.
Fees and Markups: That's where Wise shines, combining the best of both worlds: excellent GBP to LYD rates that are only -0.05% away from the average.
How to find the best exchange rate for Pound Sterling to Libyan Dinar
Timing is essential sending money between GBP and LYD. The exchange rate you secure impacts how much LYD you get for your GBP.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from GBP to LYD has seen some fluctuation. On average, it stood at 6.0583.
During this period, the highest value recorded was 6.1221, while the lowest was 5.9693.
Wise, which is our recommended service to send money online from United Kingdom to Libya offers an exchange rate that is only -0.05% above the mid-market rate.
Want to secure the best GBP-Libyan Dinar 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 Libya!
Payment methods available to fund your United Kingdom to Libya transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Libya and United Kingdom.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Libya .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to LYD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.