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How to send money to Paraguay from United Kingdom

Get the best deals when you transfer from the United Kingdom to Paraguay. Find the cheapest, fastest, and most reliable providers with the best GBP to PYG exchange rates.

Read on for analysis on the best ways to send money to Paraguay from United Kingdom.

Transferring the other way? Send PYG from Paraguay to United Kingdom instead.
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Best option: Wise

Wise is our top choice for GBP to PYG transfers.

We tested & reviewed 10 money transfer providers, and Wise scored highly in each category.

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

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

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How to compare companies offering money transfers from United Kingdom to Paraguay

Summary of recent searches

Top rated for transfers from United Kingdom to Paraguay
Wise
Total number of GB - PY providers
10
Average cheapest fees & rate
Revolut
Average fastest transfer
Paysend
Average transfer time
Within minutes
Best for bank transfers
Revolut
Best for debit card
Wise
Best for credit card
Wise

Considerations for sending money from United Kingdom to Paraguay

1
Compare providers

Always compare ways to send money from the United Kingdom to Paraguay to get the best options for fees, speed, and reliability.

Our analysis included 10 providers that operate between United Kingdom and Paraguay.

Through this, you get a comprehensive view of all the options you have in the United Kingdom when you need to send money to Paraguay.

2
Track the Pound Sterling-Guarani exchange rate
3
Choose the right payment method
4
Use regulated providers
5
Consider transfer limits
6
How to receive money in Paraguay
7
Have your ID ready
8
Don't forget about taxes

Cheapest way to send money to Paraguay from the United Kingdom: Revolut

Of the 10 providers compared, Revolut is the cheapest option for sending money over the last six months.

The cost is a combination of an average fee of 0* GBP and an exchange rate for converting Pound Sterling to Guarani that is 0.07% different to the mid-market rate.

On average, Revolut is 0.7% cheaper than the second-best option.

We would recommend Revolut for low cost, affordable transfers from Guaranis to Paraguay.

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

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Fastest way to transfer money from United Kingdom to Paraguay: Paysend

Of the 10 companies compared, Paysend currently offers the fastest money transfers to Paraguay from the United Kingdom.

Our data shows that Paysend came up as the fastest option for sending Pound Sterling into Guarani in 70.6% of searches. This makes them well suited to urgent GBP to PYG money transfers.

The average fee for a GBP-Guarani transfer through Paysend is 0 GBP.

To get the 'fastest' option we compared 10 providers for overall speed of sending money from the United Kingdom to Paraguay - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in Paraguay. 


When speed matters, Paysend is your best choice for sending into Paraguay from the United Kingdom.

Sending large sums of money?

For transferring a bigger sum of money to Paraguay from the United Kingdom, we’d recommend using a provider that can offer a hands-on approach.

Of the
10 companies tested, Wise is the best rated for larger transfer amounts.

Whether for a property purchase, or as a gift, sending large amounts of money to Paraguay from United Kingdom can be expensive.

Wise is our choice for big transfers to GBP because of all round price, speed and management when making large transfers.

Understanding the costs involved when transferring money to Paraguay from United Kingdom

When calculating the cost of sending money from the United Kingdom to Paraguay, a combination of fees and exchange rates ensure the best deal:

The Mid-Market and Exchange Rates: The current GBP-PYG mid-market rate is 9,836.9742 PYG per Pound Sterling. Finding a provider as close to this number as possible will ensure more Guarani for your money.

  • As a comparison, the GBP-PYG mid-market rate for the past three months has averaged 9,846.8041 PYG per Pound Sterling, hitting a high of 10,441.1805 and a low of 9,388.39.

  • Wise is currently offering the best exchange rate on transfers between the United Kingdom and Paraguay.

  • Often the GBP-PYG exchange rate you receive will be the biggest factor impacting the cost of sending Pound Sterling to Paraguay.

Fees: Transfer fees are charged on top of a transfer. Revolut currently offers lowest fees, at an average of 0 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 Guarani is the biggest indicator in the total cost of sending money to the United Kingdom from Paraguay. The higher the total amount received in Paraguay, the lower the cost of sending from the United Kingdom.

How to find the best exchange rate for Pound Sterling to Guarani

Timing is essential for sending money between GBP and PYG. The exchange rate you secure impacts how much PYG you get for your GBP.

Mid-market Rate
1
= 9836.410863 PYG

Let's dive into some interesting recent trends.

  • Over the past six months, the exchange rate from GBP to PYG has seen some fluctuation. On average, it stood at 9,846.8041.

  • During this period, the highest value recorded was 10,441.1805, while the lowest was 9,388.39.

  • Wise, which is our recommended service to send money online from United Kingdom to Paraguay offers an exchange rate that is only 0% above the mid-market rate.

Want to secure the best GBP-Guarani 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 Paraguay!

Funding your United Kingdom to
Paraguay transfer

  • Bank transfers

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

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


    From the 10 we tested, the cheapest provider for bank transfers from GBP to Paraguay is Revolut.

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


  • Prepaid and debit cards

    Sending money from the United Kingdom to Paraguay 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 Paraguay.

  • Credit cards

    Wise is the best money transfer company of the 10 compared for credit card transfers from the United Kingdom to Paraguay

    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 Paraguay 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 Paraguay.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to PYG.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

How much money can be transferred from United Kingdom to Paraguay?
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What is the best exchange rate I can get for sending money from United Kingdom to Paraguay?
Are there any minimum or maximum transfer amounts for sending money from United Kingdom to Paraguay?
Can I schedule regular transfers between United Kingdom and Paraguay?

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.