Companies for transfers from United Kingdom to Portugal
"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."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
"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."
"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."
"Zing is a new money transfer app, offering a best-in-class mobile app & member perks. Fee structure is competitive, especially for smaller, regular payments."
"TorFX's 5-star service handles most currency needs, especially relating to overseas property, emigration & retirement. Friendly phone support, no-obligation advice & no max transfer limit."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"OFX have been helping individuals and businesses send money for over 25 years. Transfer in 50+ currencies to 170+ countries, with 24/7 phone access to currency experts."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Regency's UK-based account management team has vast experience. Get support on all kinds of transfers, from overseas property transactions to business payments & more."
"Send money anytime, anywhere with the TalkRemit app. There's zero fees on your first transaction and you're able to send to family and friends in over 40 countries."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Lumon has cared for over 69,000 customers since 2000. Get support for larger transfers from dedicated currency specialists."
"Card-to-card transfers can be received in just two minutes."
"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."
"Dahabshiil specialises in secure, affordable international money transfers, offering services across 120+ countries. It provides low fees, fast transactions, and mobile wallet options.
"Securely send money to and from 150+ countries and 20+ currencies. Same-day transfers avaialble on most major currencies."
"Fast, secure internatinal transfers with no fees and transparent rates. They offer a free currency card for use at home and abroad."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
"Moneycorp is an established player in the market, with a focus on private clients and corporates. Make overseas payments in over 120 currencies and 190 countries."
"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."
Overall best way: Wise
Wise scored the highest of the 26 money transfer companies supporting GBP to EUR transfers.
In total, Wise appeared in 98.4% of United Kingdom to Portugal searches.
For a great mix of cost, speed & features, we advise using Wise for your United Kingdom to Portugal transfer.
How to compare companies offering money transfers from United Kingdom to Portugal
Considerations ahead of sending money from United Kingdom to Portugal
A comparison of providers offering services between the United Kingdom and Portugal, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 26 providers that provide services for sending Pound Sterling to Portugal. This ensures you will get the best options for your transfer to Portugal from the United Kingdom.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United Kingdom to Portugal.
Cheapest way to send money from United Kingdom to Portugal: Ria Money Transfer
Our data shows, over the past six months, that Ria Money Transfer is 0% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 4* GBP and a GBP-EUR exchange rate for international transfers that is 2.8% different to the mid-market rate.
Securing the best rates on a GBP to Portugal transfer can be done with Ria Money Transfer but you can always search for your specific amount.
*The most common fee applied by Ria Money Transfer when sending GBP-EUR, based on data from the past six months.
Fastest way to transfer money from United Kingdom to Portugal: Wise
Our data shows that Wise came up as the fastest option for sending Pound Sterling into Euro in 70.3% of searches. This makes them well suited to urgent GBP to EUR money transfers.
The average fee for a GBP-Euro transfer through Wise is 5.91 GBP.
To get the 'fastest' option we compared 26 providers for overall speed of sending money from the United Kingdom to Portugal - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in Portugal.
When speed matters, Wise is your best choice for sending into Portugal from the United Kingdom.
Transferring large sums of money
Of the 26 money transfer companies tested, Wise is the strongest option for large transfers from the United Kingdom to Portugal.
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 Portugal 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 Portugal from United Kingdom
When calculating the cost of sending money from the United Kingdom to Portugal, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current GBP-EUR mid-market rate is 1.1864 EUR per Pound Sterling. Finding a provider as close to this number as possible will ensure more Euro for your money.
As a comparison, the GBP-EUR mid-market rate for the past three months has averaged 1.1906 EUR per Pound Sterling, hitting a high of 1.221 and a low of 1.161.
Wise is currently offering the best exchange rate on transfers between the United Kingdom and Portugal.
Often the GBP-EUR exchange rate you receive will be the biggest factor impacting the cost of sending Pound Sterling to Portugal.
Fees: Transfer fees are charged on top of a transfer. Ria Money Transfer currently offers lowest fees, at an average of 4 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 Euro is the biggest indicator in the total cost of sending money to the United Kingdom from Portugal. The higher the total amount received in Portugal, the lower the cost of sending from the United Kingdom.
Tracking the exchange rate for Pound Sterling to Euro
Getting a better exchange rate between GBP and EUR can make a huge difference to the overall cost of sending money.
Over the last six months, between the United Kingdom and Portugal, the average numbers are:
GBP to EUR saw an average 1.1906 EUR mid-market rate.
The highest point was 1.221 EUR, while the lowest was 1.161 EUR.
26 providers are currently offering transfers between the United Kingdom and Portugal.
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Payment methods available to fund your United Kingdom to Portugal transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Portugal 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 Portugal.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.