Best option: Wise
We tested & reviewed 4 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 100% of United Kingdom to Libya searches, and was the top rated company supporting money transfers between GBP and LYD.
For a great mix of cost, speed & features, transfer from United Kingdom to Libyan Dinar using Wise.
How to compare companies offering money transfers from United Kingdom to Libya
Transfer consider from United Kingdom to Libya
A comparison of providers offering services between the United Kingdom and Libya is paramount. Based on your specific transfer amount, the best way to send money to Libya could change. Comparing ensures the best price for your needs.
For services allowing you to send Pound Sterling to Libya we've compared 4 providers.
This coverage of the market ensure you will get the best options for your transfer to Libya from the United Kingdom.
Overall, we rated Wise as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from the United Kingdom to Libya.
Cheapest way to send money to Libya from the United Kingdom: Wise
The cost is a combination of an average fee of 4.54* GBP and an exchange rate for converting Pound Sterling to Libyan Dinar that is 0% different to the mid-market rate.
On average, Wise is 0% cheaper than the second-best option.
We would recommend Wise for low cost, affordable transfers from Libyan Dinars to Libya.
*The most common fee applied to GBP-LYD by Wise, based on data from the past six months.
Fastest company to send money to Libya from the United Kingdom: MoneyGram.
Through our data, MoneyGram was the quickest way to send money from the United Kingdom to Libyan Dinar 47.1% of the time.
Sending money through MoneyGram to Libya from the United Kingdom has an average fee of 10.19 GBP.
To understand who was the fastest, we tested MoneyGram as part of 4 money transfer providers. Within this, we looked at the overall speed of sending money from the United Kingdom to Libya. This was made up of transfer times to Libya after Pound Sterlings were added to a money transfer account.
When fast money transfers between the United Kingdom and Libya are a priority, MoneyGram is our recommended choice.
Transferring large sums of money
Of the 4 money transfer companies tested, Wise is the strongest option for large transfers from the United Kingdom to Libya.
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 Libya 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 Libya from United Kingdom
When calculating the cost of sending money from the United Kingdom to Libya, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current GBP-LYD mid-market rate is 6.1592 LYD per Pound Sterling. Finding a provider as close to this number as possible will ensure more Libyan Dinar for your money.
As a comparison, the GBP-LYD mid-market rate for the past three months has averaged 6.2107 LYD per Pound Sterling, hitting a high of 6.3547 and a low of 6.1354.
Wise is currently offering the best exchange rate on transfers between the United Kingdom and Libya.
Often the GBP-LYD exchange rate you receive will be the biggest factor impacting the cost of sending Pound Sterling to Libya.
Fees: Transfer fees are charged on top of a transfer. Wise currently offers lowest fees, at an average of 4.54 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 Libyan Dinar is the biggest indicator in the total cost of sending money to the United Kingdom from Libya. The higher the total amount received in Libya, the lower the cost of sending from the United Kingdom.
Finding the best exchange rate for Pound Sterling to Libyan Dinar
Timing is essential for sending money between GBP and LYD. The exchange rate you secure impacts how much LYD you get for your GBP.
Over the last six months, here’s what we’ve seen:
The exchange rate from GBP to LYD averaged 6.2107 LYD.
The highest value recorded was 6.3547 LYD, while the lowest was 6.1354 LYD.
There are currently 4 providers offering transfers between the United Kingdom and Libya close to this rate
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Paying for your United Kingdom to Libya money 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, 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 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.