How to send money to Macedonia from UK with the best GBP-MKD rate

We’ve compared 3 companies, and found Western Union to be the cheapest, while Revolut is the fastest.

Sending £1,500 gets you ден108,767.76 with Western Union at 72.5118 MKD per GBP, about 0.43% more than the next best option.

Best companies for GBP/MKD transfers

3 of 3 providers

Last updated on 28 October 2026

Based on 1,500 GBP transfer

Best companies for GBP/MKD transfers

Sort Cheapest
Promoted

Xe

Pay via Debit card
Fee £0.00 1 GBP = 69.3564 MKD +5.89% vs mid-market Recipient gets MKD 104,034.60 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in North Macedonia with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 69.3564 MKD
MKD 104,034.60You pay£1,500.00

Run a live search

Showing top United Kingdom to Macedonia deals for 1,500 GBP. Do a live search with your exact amount for today's best rates.

Western Union

Pay via Debit card
Fee £0.00 1 GBP = 72.5118 MKD +1.44% vs mid-market Recipient gets MKD 108,767.76 Minutes - 2 days
Cheapest
Receive to bank account or cash pickup

Ways to receive money in North Macedonia with Western Union when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 GBP = 72.5118 MKD
MKD 108,767.76You pay£1,500.00

Western Union

Pay via Bank transfer
Fee £0.00 1 GBP = 72.5118 MKD +1.44% vs mid-market Recipient gets MKD 108,767.76 Minutes - 2 days
Receive to bank account or cash pickup

Ways to receive money in North Macedonia with Western Union when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 GBP = 72.5118 MKD
MKD 108,767.76You pay£1,500.00
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee £20.00 1 GBP = 73.1738 MKD +0.54% vs mid-market Recipient gets MKD 108,297.15 Within minutes
FastestRecommended
Multi-currency cardReceive to bank account

Ways to receive money in North Macedonia with Revolut when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
£20.001 GBP = 73.1738 MKD
MKD 108,297.15You pay£1,500.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Xe

Pay via Debit card
Fee £0.00 1 GBP = 69.3564 MKD +5.89% vs mid-market Recipient gets MKD 104,034.60 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in North Macedonia with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 69.3564 MKD
MKD 104,034.60You pay£1,500.00

Xe

Pay via Bank transfer
Fee £0.00 1 GBP = 69.3564 MKD +5.89% vs mid-market Recipient gets MKD 104,034.60 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in North Macedonia with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 69.3564 MKD
MKD 104,034.60You pay£1,500.00

Xe

Pay via Credit card
Fee £0.00 1 GBP = 69.3564 MKD +5.89% vs mid-market Recipient gets MKD 104,034.60 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in North Macedonia with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 69.3564 MKD
MKD 104,034.60You pay£1,500.00
How Our Results Work
Mid-market rate: 1 GBP = 73.5667 MKD Updates every 60 minutes.

How to send money from UK to Macedonia

Pick a company

For a one-off GBP transfer to Macedonia, I suggest picking the cheapest option which is Western Union.

Western Union was the cheapest on 27 of the 30 days it quoted £1,500 transfers to Macedonia.

On a 1,500 GBP transfer, Western Union delivers the most MKD.

The best option will change depending on how much you actually send, so I suggest to get the best GBP/MKD rate.

Fund your transfer

You have 3 ways to pay, including debit card, bank transfer, and credit card.

Paying from your bank is usually both cheapest and quickest, since most companies connect straight into your banking app via Open Banking.

Anywhere a debit card works, Apple Pay and Google Pay usually do too.

Verify and send

First time round you'll need to confirm your name, date of birth, address and a photo ID.

On a £1,500 transfer it's normally instant but can take a couple of hours.

Compare amounts

How much GBP are you sending to Macedonia?

How much GBP you send to Macedonia heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Western Union was the cheapest in 100% of the transfers from £6,000 it quoted, and in 70% of all the transfers it quoted.

Cheapest service
£5000.43%£5.00MKD 36,270.87with debit card to bank deposit+MKD 68.05
£1,0000.36%£10.00MKD 72,534.48with debit card to bank deposit+MKD 1,771.74
£1,500This page1.44%£0.00MKD 108,767.76with debit card to bank deposit+MKD 2,445.01
£2,0001.34%£0.00MKD 145,023.68with debit card to bank deposit+MKD 3,316.13
£6,0000.27%£0.00MKD 440,336.10with bank transfer to bank deposit+MKD 16,763.67
£10,0000.27%£0.00MKD 733,786.19with bank transfer to bank deposit+MKD 30,024.37
£50,0000.25%£0.00MKD 3,665,476.59with bank transfer to bank deposit+MKD 145,062.51
£250,0000.20%£0.00MKD 18,352,829.28with bank transfer to bank deposit+MKD 744,364.96

Mid-market rate: 1 GBP = 73.5667 MKD

GBP/MKD Exchange Rate History

Is today a good time to send money from UK to Macedonia?

The cheapest way to send GBP to MKD can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Western Union), across 30 days of comparisons for 1,500 GBP transfers to Macedonia.

MKD received for £1,500, after fees

Wed, 28 Oct 2026Mid-market rateMKD 110,350.11 Western Union MKD 108,767.76Western UnionMKD 108,767.76RevolutMKD 108,297.15XeMKD 104,034.60

98,000
100,000
102,000
104,000
106,000
108,000
110,000
112,000
At the mid-market rateWith the cheapest optionWestern UnionRevolutXe
Exchange rateFeeRecipient getsDifference
Mid-market rate 71.7247 – MKD 107,587.03
Western Union Cheapest 70.8256 £0.00 MKD 106,238.39 −MKD 1,348.64
Revolut 71.5328 £20.00 MKD 105,868.61 −MKD 1,718.42
Xe 66.7466 £0.00 MKD 100,119.90 −MKD 7,467.13
Exchange rateFeeRecipient getsDifference
Mid-market rate 71.9806 – MKD 107,970.92
Western Union Cheapest 70.7981 £0.00 MKD 106,197.21 −MKD 1,773.71
Revolut 71.7415 £20.00 MKD 106,177.36 −MKD 1,793.56
Xe 66.5654 £0.00 MKD 99,848.10 −MKD 8,122.82
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.0073 – MKD 108,010.90
Western Union Cheapest 71.1537 £0.00 MKD 106,730.61 −MKD 1,280.29
Revolut 71.7983 £20.00 MKD 106,261.49 −MKD 1,749.41
Xe 66.7667 £0.00 MKD 100,150.05 −MKD 7,860.85
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.4185 – MKD 108,627.74
Western Union Cheapest 71.0197 £0.00 MKD 106,529.59 −MKD 2,098.15
Revolut 71.8804 £20.00 MKD 106,382.99 −MKD 2,244.75
Xe 66.1842 £0.00 MKD 99,276.30 −MKD 9,351.44
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.5747 – MKD 108,862.07
Western Union Cheapest 71.2823 £0.00 MKD 106,923.38 −MKD 1,938.69
Revolut 72.0260 £35.00 MKD 105,518.03 −MKD 3,344.04
Xe 66.1242 £0.00 MKD 99,186.30 −MKD 9,675.77
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.2445 – MKD 108,366.69
Western Union Cheapest 71.2823 £0.00 MKD 106,923.38 −MKD 1,443.31
Revolut 72.0188 £35.00 MKD 105,507.47 −MKD 2,859.22
Xe 66.1242 £0.00 MKD 99,186.30 −MKD 9,180.39
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.7342 – MKD 109,101.29
Western Union Cheapest 71.2823 £0.00 MKD 106,923.38 −MKD 2,177.91
Revolut 71.9383 £20.00 MKD 106,468.68 −MKD 2,632.61
Xe 66.1242 £0.00 MKD 99,186.30 −MKD 9,914.99
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.4777 – MKD 108,716.54
Western Union Cheapest 71.7136 £0.00 MKD 107,570.33 −MKD 1,146.21
Revolut 72.4062 £20.00 MKD 107,161.21 −MKD 1,555.33
Xe 66.2543 £0.00 MKD 99,381.45 −MKD 9,335.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.5139 – MKD 108,770.88
Western Union Cheapest 71.3470 £0.00 MKD 107,020.57 −MKD 1,750.31
Revolut 72.1507 £20.00 MKD 106,782.99 −MKD 1,987.89
Xe 66.6007 £0.00 MKD 99,901.05 −MKD 8,869.83
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.5593 – MKD 108,838.89
Western Union Cheapest 71.6466 £0.00 MKD 107,469.87 −MKD 1,369.02
Revolut 72.2685 £20.00 MKD 106,957.41 −MKD 1,881.48
Xe 68.4894 £0.00 MKD 102,734.10 −MKD 6,104.79
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.6690 – MKD 109,003.46
Revolut Cheapest 72.3900 £20.00 MKD 107,137.19 −MKD 1,866.27
Western Union 71.3510 £0.00 MKD 107,026.55 −MKD 1,976.91
Xe 68.1312 £0.00 MKD 102,196.80 −MKD 6,806.66
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.7500 – MKD 109,124.96
Western Union Cheapest 71.7248 £0.00 MKD 107,587.16 −MKD 1,537.80
Revolut 72.4711 £35.00 MKD 106,170.18 −MKD 2,954.78
Xe 68.3532 £0.00 MKD 102,529.80 −MKD 6,595.16
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.7500 – MKD 109,124.96
Western Union Cheapest 71.7248 £0.00 MKD 107,587.16 −MKD 1,537.80
Revolut 72.4711 £35.00 MKD 106,170.18 −MKD 2,954.78
Xe 68.7001 £0.00 MKD 103,050.15 −MKD 6,074.81
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.7677 – MKD 109,151.55
Western Union Cheapest 71.7248 £0.00 MKD 107,587.16 −MKD 1,564.39
Revolut 72.5788 £20.00 MKD 107,416.58 −MKD 1,734.97
Xe 68.7001 £0.00 MKD 103,050.15 −MKD 6,101.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.9774 – MKD 109,466.17
Western Union Cheapest 72.2014 £0.00 MKD 108,302.17 −MKD 1,164.00
Revolut 72.4972 £20.00 MKD 107,295.85 −MKD 2,170.32
Xe 68.6403 £0.00 MKD 102,960.45 −MKD 6,505.72
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.9209 – MKD 109,381.39
Western Union Cheapest 71.7608 £0.00 MKD 107,641.24 −MKD 1,740.15
Revolut 72.6426 £20.00 MKD 107,511.06 −MKD 1,870.33
Xe 68.6403 £0.00 MKD 102,960.45 −MKD 6,420.94
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.8185 – MKD 109,227.74
Western Union Cheapest 72.2120 £0.00 MKD 108,318.05 −MKD 909.69
Revolut 72.5322 £20.00 MKD 107,347.71 −MKD 1,880.03
Xe 68.5678 £0.00 MKD 102,851.70 −MKD 6,376.04
Exchange rateFeeRecipient getsDifference
Mid-market rate 73.0879 – MKD 109,631.79
Revolut Cheapest 72.7193 £20.00 MKD 107,624.62 −MKD 2,007.17
Western Union 71.7388 £0.00 MKD 107,608.16 −MKD 2,023.63
Xe 68.4175 £0.00 MKD 102,626.25 −MKD 7,005.54
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.9140 – MKD 109,371.00
Western Union Cheapest 71.8594 £0.00 MKD 107,789.11 −MKD 1,581.89
Revolut 72.6059 £35.00 MKD 106,367.63 −MKD 3,003.37
Xe 68.7631 £0.00 MKD 103,144.65 −MKD 6,226.35
Exchange rateFeeRecipient getsDifference
Mid-market rate 72.9140 – MKD 109,371.00
Western Union Cheapest 71.8594 £0.00 MKD 107,789.11 −MKD 1,581.89
Revolut 72.6059 £35.00 MKD 106,367.63 −MKD 3,003.37
Xe 69.1122 £0.00 MKD 103,668.30 −MKD 5,702.70
Exchange rateFeeRecipient getsDifference
Mid-market rate 73.1651 – MKD 109,747.72
Western Union Cheapest 71.8594 £0.00 MKD 107,789.11 −MKD 1,958.61
Revolut 72.7010 £20.00 MKD 107,597.47 −MKD 2,150.25
Xe 68.7631 £0.00 MKD 103,144.65 −MKD 6,603.07
Exchange rateFeeRecipient getsDifference
Mid-market rate 73.3590 – MKD 110,038.51
Western Union Cheapest 72.2233 £0.00 MKD 108,334.91 −MKD 1,703.60
Xe 68.7476 £0.00 MKD 103,121.40 −MKD 6,917.11
Revolut No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 73.4099 – MKD 110,114.90
Revolut Cheapest 73.1948 £20.00 MKD 108,328.29 −MKD 1,786.61
Western Union 72.1534 £0.00 MKD 108,230.15 −MKD 1,884.75
Xe 68.8353 £0.00 MKD 103,252.95 −MKD 6,861.95
Exchange rateFeeRecipient getsDifference
Mid-market rate 73.5603 – MKD 110,340.40
Western Union Cheapest 72.3632 £0.00 MKD 108,544.74 −MKD 1,795.66
Revolut 73.1580 £20.00 MKD 108,273.88 −MKD 2,066.52
Xe 69.0881 £0.00 MKD 103,632.15 −MKD 6,708.25
Exchange rateFeeRecipient getsDifference
Mid-market rate 73.5595 – MKD 110,339.27
Western Union Cheapest 72.3782 £0.00 MKD 108,567.26 −MKD 1,772.01
Revolut 73.1661 £20.00 MKD 108,285.83 −MKD 2,053.44
Xe 69.3714 £0.00 MKD 104,057.10 −MKD 6,282.17
Exchange rateFeeRecipient getsDifference
Mid-market rate 73.5427 – MKD 110,314.11
Western Union Cheapest 72.7166 £0.00 MKD 109,074.91 −MKD 1,239.20
Revolut 73.0503 £35.00 MKD 107,018.73 −MKD 3,295.38
Xe 68.9952 £0.00 MKD 103,492.80 −MKD 6,821.31
Exchange rateFeeRecipient getsDifference
Mid-market rate 73.5427 – MKD 110,314.11
Western Union Cheapest 72.7166 £0.00 MKD 109,074.91 −MKD 1,239.20
Revolut 72.9923 £35.00 MKD 106,933.73 −MKD 3,380.38
Xe 69.3454 £0.00 MKD 104,018.10 −MKD 6,296.01
Exchange rateFeeRecipient getsDifference
Mid-market rate 73.4149 – MKD 110,122.40
Western Union Cheapest 72.7166 £0.00 MKD 109,074.91 −MKD 1,047.49
Revolut 73.1085 £20.00 MKD 108,200.57 −MKD 1,921.83
Xe 68.9952 £0.00 MKD 103,492.80 −MKD 6,629.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 73.4965 – MKD 110,244.74
Western Union Cheapest 72.4204 £0.00 MKD 108,630.59 −MKD 1,614.15
Revolut 73.1946 £20.00 MKD 108,328.01 −MKD 1,916.73
Xe 69.1951 £0.00 MKD 103,792.65 −MKD 6,452.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 73.5667 – MKD 110,350.11
Western Union Cheapest 72.5118 £0.00 MKD 108,767.76 −MKD 1,582.35
Revolut 73.1738 £20.00 MKD 108,297.15 −MKD 2,052.96
Xe 69.3564 £0.00 MKD 104,034.60 −MKD 6,315.51

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send £1,500, after fees, as quoted by each company. The mid-market line shows what £1,500 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more MKD per GBP than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of MKD on every transfer from UK.

Right now, Western Union pays 108,767.76 MKD on 1,500 GBP, which is 1,582.35 MKD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 109,074.91 MKD.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Macedonia.

We've tracked 226 comparisons to check how often today's top companies were the cheapest across 8 amounts over the past month.

  1. Western UnionAppeared in 122 comparisons

    Cheapest in 70% of them

  2. RevolutAppeared in 212 comparisons

    Cheapest in 17% of them

  3. XeAppeared in 193 comparisons

    Cheapest in 1% of them

Based on 226 comparisons across 8 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Western Union is the cheapest and gets you the most MKD, and it was also the cheapest in 70% of the 122 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Macedonia.

Revolut (today's second cheapest) was the cheapest in only 17% of its comparisons, so it's rarely the cheapest option for transfers to Macedonia.

Ways to send money from the UK to Macedonia

There are many ways to send money to Macedonia from the UK, including app, online, in person, multi-currency account, global account, and broker, and more.

For small & frequent transfers

Money transfer apps

If you send small amounts back home to Macedonia, say weekly or monthly, an app like Western Union is the easiest and cheapest way to do it.

It charges £0 in fees, has 1.44% markup, lets you save recipient details, and MKD will arrive in minutes.

Over the past month, Western Union was the cheapest app on 90% of the days it appeared for £1,500 transfers.

For one off transfers

Online transfers

Sending money online is good for occasional medium sized MKD transfers, around £1,000 - £5,000.

Online companies like Western Union often have higher limits and/or first time promos.

Of the 3 companies we compared, Western Union is the cheapest online service and will get you ден108,767.76 on a £1,500 transfer.

In our comparisons over the past month, it was the cheapest online service on 30 of the 30 days it quoted.

For large transfers

Brokers

Currency brokers like Xe are the best for £10,000+ transfers (things like house deposits, education fees, relocation, etc.).

You get a dedicated account manager to handle your transfer to Macedonia, and 24/7 support.

Xe charges no fees on large transfers, but adds 5.89% markup on top of the current GBP/MKD rate.

The markup gets better the more GBP you send, so we suggest .

Our analysis shows Xe was the cheapest broker in 1% of the transfers from £6,000 it quoted.

For fast money transfers

Cash transfer

Sending cash is the fastest way to send money from the UK to Macedonia, but is usually a bit more expensive.

You will need to deposit £1,500 online via Western Union, and your recipient in Macedonia will be able to collect ден108,767.76 in minutes.

Our data shows Western Union came out cheapest among in-person options on 100% of days in the past month.

For spending and receiving

Multi-currency accounts

Multi-currency accounts let you hold and spend Denar abroad like a local.

Revolut offers the best multi-currency account.

With it, converting £1,500 to MKD will get you ден108,297.15 after fees.

If you don’t have MKD in your account, your GBP will auto-convert whenever you pay with Revolut in Macedonia.

Once you have MKD in the account, there are no extra fees from Revolut for spending or holding it (local ATM charges may still apply).

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

For business transfers

Global accounts

Global accounts are for UK businesses making payments overseas.

For suppliers, freelancers, salaries, or invoices in Macedonia, companies like Airwallex, WorldFirst, or Payoneer handle batch and recurring payments a consumer app simply can’t.

Ways to fund GBP and receive MKD in Macedonia

Pay-in and pay-out methods will affect how much GBP you deposit and how much MKD your recipient gets. Use the table below to see how different options change how much you pay and what they get.

The overall best and cheapest way to send £1,500 to Macedonia is via Western Union, using a debit card to deposit GBP and bank deposit to receive MKD.

Depositing GBP

You have 3 pay-in options for transfers to Macedonia, including debit card, bank transfer, and credit card.

The cheapest pay-in option is debit card.

The fastest option in the UK is almost always bank transfer, since most companies use Open Banking and Faster Payments System (FPS).

The most expensive deposit option is bank transfer.

Be careful with credit card deposits, since your bank often treats it as a cash advance and will charge interest.

Receiving money in Macedonia

Money can reach Macedonia by bank deposit, and each delivery method comes with its own fees.

The cheapest way to receive money in Macedonia is with bank deposit on average.

Digital wallets

Your recipient can receive MKD directly into a digital wallet (like PayPal) which usually takes a few minutes to arrive.

  1. 1
    Debit card Bank deposit

    You pay £1,500.00

    ден108,768

    Cheapest

  2. 2
    Bank transfer Bank deposit

    You pay £1,500.00

    ден108,768

    ден0

  3. 3
    Credit card Bank deposit

    You pay £1,500.00

    ден104,035

    -ден4,733

Consider this when sending GBP to Macedonia

There are a few nuances you should consider before sending GBP to Macedonia such as limits, taxes, and safety.

Compare GBP/MKD transfer options

Right now, these are the best money transfer options for a £1,500 transfer to Macedonia:

Cheapest way to send money to Macedonia

The cheapest way is to use Western Union, pay in with a debit card and withdraw via bank deposit. You will get ден108,767.76, which is 0.43% more than the next best option.

Fastest way to send money to Macedonia

The fastest way is to use Revolut via debit card deposit and bank deposit for pay out. You get ден108,297.15 and it will arrive in within minutes.

UK transfer limits

There is no legal limit and no tax on sending your own money abroad.

Main hard limits come from your bank or money transfer company, often around £10,000 to £25,000 online (which you can usually increase in the app).

Also, the "£10,000 declaration" only applies to physically carrying cash through the border, not online transfers.

And on bigger GBP/MKD transfers (roughly £10,000 up) expect a source-of-funds check, such as a payslip or a statement.

These are anti-money-laundering checks, and they can hold your transfer up, so have the documents ready.

The transfer costs involved

Your cost is the fee plus the exchange-rate margin.

For example, sending £1,500 with Western Union will get you 108,767.76 MKD, that’s including £0 fee and 1.44% in exchange rate markup.

A bank like on the other hand, will get you ден0, that’s £ in fees but % in FX fees.

Taxes on money transfers

There is no UK tax for the act of sending money to Macedonia.

And, regular gifts out of your normal income are free of inheritance tax straight away, no cap and no seven-year wait.

Staying safe when sending abroad

Only ever use a provider authorised by the FCA, which you can check on the FCA register in under a minute.

The rules in place for any scams cover domestic pound transfers only, on a transfer abroad you're less protected.

Always confirm who you're really sending to before you send, because there's little recourse after.

For more information, check our guide to money transfer regulations in the UK.

How we analyse the market

We track 3 regulated companies offering money transfers from the UK to Macedonia in real time.

We analyse the fees, exchange rates, deposit/withdrawal methods, and each goes through our internal review.

Most GBP/MKD pricing data comes directly from the providers. We collect the rest manually, run it through our comparison engine and label it in the table.

In the past 30 days alone, we analysed 226 comparisons across 8 amounts.

This page covers the cheapest and fastest options for GBP/MKD transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

More on how we work:

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.