How to send money to Ukraine from the UK with the best GBP-UAH rate

We’ve compared 4 companies, and found Revolut to be the cheapest, while Revolut is the fastest.

Sending £1,500 gets you ₴90,545.09 with Revolut at 60.5653 UAH per GBP, about 0.49% more than the next best option.

Best companies for GBP/UAH transfers

5 of 5 providers

Last updated on 10 November 2026

Based on 1,500 GBP transfer

Best companies for GBP/UAH transfers

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Showing top United Kingdom to Ukraine deals for 1,500 GBP. Do a live search with your exact amount for today's best rates.
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee £5.00 1 GBP = 60.5653 UAH +0.88% vs mid-market Recipient gets ₴90,545.09 Within minutes
CheapestFastestOur top pick
Multi-currency cardReceive to bank account

Ways to receive money in Ukraine with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
£5.001 GBP = 60.5653 UAH
₴90,545.09You 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.

Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee £5.00 1 GBP = 60.5653 UAH +0.88% vs mid-market Recipient gets ₴90,545.09 Within minutes
Multi-currency cardReceive to bank account

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

MethodFee & ratesRecipient gets
Bank depositWithin minutes
£5.001 GBP = 60.5653 UAH
₴90,545.09You 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.

$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee £0.00 1 GBP = 60.0668 UAH +1.71% vs mid-market Recipient gets ₴90,100.20 Minutes - 24 hours

Ways to receive money in Ukraine with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:Other Banks, PrivatBank
Free1 GBP = 60.0668 UAH
₴90,100.20You pay£1,500.00
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
£0.991 GBP = 59.7855 UAH
₴89,678.25You pay£1,500.99
Cash pickupMinutes - 24 hours
£3.991 GBP = 59.1789 UAH
₴88,768.35You pay£1,503.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee £0.00 1 GBP = 60.0668 UAH +1.71% vs mid-market Recipient gets ₴90,100.20 Minutes - 24 hours

Ways to receive money in Ukraine with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:Other Banks, PrivatBank
Free1 GBP = 60.0668 UAH
₴90,100.20You pay£1,500.00
Card depositMinutes - 24 hoursAvailable via:Bank Debit Card
£0.991 GBP = 59.7855 UAH
₴89,678.25You pay£1,500.99
Cash pickupMinutes - 24 hours
£3.991 GBP = 59.1789 UAH
₴88,768.35You pay£1,503.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee £0.99 1 GBP = 60.0668 UAH +1.71% vs mid-market Recipient gets ₴90,100.20 Minutes - 24 hours

Ways to receive money in Ukraine with MoneyGram when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:PrivatBank, Other Banks
£0.991 GBP = 60.0668 UAH
₴90,100.20You pay£1,500.99
Cash pickupMinutes - 24 hours
£3.991 GBP = 59.5099 UAH
₴89,264.85You pay£1,503.99

Western Union

Pay via Debit card
Fee £0.00 1 GBP = 60.0292 UAH +1.77% vs mid-market Recipient gets ₴90,043.74 Minutes - 2 days
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 GBP = 60.0292 UAH
₴90,043.74You pay£1,500.00

Western Union

Pay via Bank transfer
Fee £0.00 1 GBP = 60.0292 UAH +1.77% vs mid-market Recipient gets ₴90,043.74 Minutes - 2 days
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 GBP = 60.0292 UAH
₴90,043.74You pay£1,500.00

Remitly

Pay via Debit card
Fee £0.00 1 GBP = 59.6400 UAH +2.42% vs mid-market Recipient gets ₴89,460.00 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Ukraine with Remitly when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
Free1 GBP = 59.6400 UAH
₴89,460.00You pay£1,500.00

Remitly

Pay via Credit card
Fee £0.00 1 GBP = 59.6400 UAH +2.42% vs mid-market Recipient gets ₴89,460.00 Within minutes
Receive to bank account or cash pickup

Ways to receive money in Ukraine with Remitly when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
Free1 GBP = 59.6400 UAH
₴89,460.00You pay£1,500.00

Remitly

Pay via Bank transfer
Fee £0.00 1 GBP = 59.6400 UAH +2.42% vs mid-market Recipient gets ₴89,460.00 Within a week
Receive to bank account or cash pickup

Ways to receive money in Ukraine with Remitly when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a week
Free1 GBP = 59.6400 UAH
₴89,460.00You pay£1,500.00

Opal Transfer

Pay via Bank transfer
Fee £0.50 1 GBP = 59.3000 UAH +2.99% vs mid-market Recipient gets ₴88,920.35 Minutes - 24 hours
0 reviews

Ways to receive money in Ukraine with Opal Transfer when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
£0.501 GBP = 59.3000 UAH
₴88,920.35You pay£1,500.00
How Our Results Work
Mid-market rate: 1 GBP = 61.1007 UAH Updates every 60 minutes.

How to send money from UK to Ukraine

Pick a company

For a one-off GBP transfer to Ukraine, I suggest picking the cheapest option which is Revolut.

Revolut was the cheapest on 11 of the 29 days it quoted £1,500 transfers to Ukraine.

On a 1,500 GBP transfer, Revolut delivers the most UAH.

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

Fund your transfer

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

Paying from your bank is usually the fastest, since most companies connect to 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 the verification is normally instant but can take a couple of hours.

Compare amounts

How much GBP are you sending to Ukraine?

How much GBP you send to Ukraine 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 Revolut was the cheapest in 0% of the transfers from £6,000 it quoted, and in 19% of all the transfers it quoted.

Cheapest service
£5001.08%£0.00₴30,242.04with debit card to bank deposit+₴1,000.13
£1,0000.83%£0.00₴60,601.93with bank transfer to bank deposit+₴1,415.37
£1,500This page0.88%£5.00₴90,545.09with bank transfer to bank deposit+₴656.13
£2,0000.86%£10.00₴120,553.46with bank transfer to bank deposit+₴732.12
£6,0000.27%£0.00₴365,864.98with bank transfer to bank deposit+₴5,584.34
£10,0000.27%£0.00₴609,578.10with bank transfer to bank deposit+₴8,774.57
£50,0000.25%£0.00₴3,047,825.09with bank transfer to bank deposit+₴44,589.43
£250,0000.20%£0.00₴15,250,149.08with bank transfer to bank deposit+₴229,676.25

Mid-market rate: 1 GBP = 61.1007 UAH

GBP/UAH Exchange Rate History

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

The cheapest way to send GBP to UAH 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 Revolut), across 30 days of comparisons for 1,500 GBP transfers to Ukraine.

UAH received for £1,500, after fees

Tue, 10 Nov 2026Mid-market rate₴91,650.98 Revolut ₴90,545.09Revolut₴90,545.09MoneyGram₴90,100.20Western Union₴90,043.74

87,000
88,000
89,000
90,000
91,000
92,000
93,000
At the mid-market rateWith the cheapest optionRevolutMoneyGramWestern Union
Exchange rateFeeRecipient getsDifference
Mid-market rate 59.4435 – ₴89,165.25
Opal Transfer Cheapest 59.1500 £0.50 ₴88,695.43 −₴469.83
Revolut 58.7898 £5.00 ₴87,890.70 −₴1,274.55
Western Union 58.5335 £0.00 ₴87,800.25 −₴1,365.00
MoneyGram 58.3902 £0.00 ₴87,585.30 −₴1,579.95
Exchange rateFeeRecipient getsDifference
Mid-market rate 59.6590 – ₴89,488.47
Opal Transfer Cheapest 59.1500 £0.50 ₴88,695.43 −₴793.05
Revolut 58.9174 £5.00 ₴88,081.55 −₴1,406.92
Western Union 58.6033 £0.00 ₴87,904.89 −₴1,583.58
MoneyGram 58.5229 £0.00 ₴87,784.35 −₴1,704.12
Exchange rateFeeRecipient getsDifference
Mid-market rate 59.7556 – ₴89,633.40
Revolut Cheapest 59.1253 £5.00 ₴88,392.33 −₴1,241.07
Western Union 58.7865 £0.00 ₴88,179.68 −₴1,453.72
MoneyGram 58.6565 £0.00 ₴87,984.75 −₴1,648.65
Exchange rateFeeRecipient getsDifference
Mid-market rate 59.4755 – ₴89,213.30
MoneyGram Cheapest 58.7809 £0.99 ₴88,171.35 −₴1,041.95
Western Union 58.7711 £0.00 ₴88,156.67 −₴1,056.63
Revolut 58.9057 £5.00 ₴88,064.07 −₴1,149.23
Exchange rateFeeRecipient getsDifference
Mid-market rate 59.6500 – ₴89,474.97
Revolut Cheapest 58.9987 £5.00 ₴88,203.07 −₴1,271.90
MoneyGram 58.6291 £0.99 ₴87,943.65 −₴1,531.32
Western Union 58.6275 £0.00 ₴87,941.24 −₴1,533.73
Exchange rateFeeRecipient getsDifference
Mid-market rate 59.7290 – ₴89,593.56
Western Union Cheapest 58.8856 £0.00 ₴88,328.46 −₴1,265.10
MoneyGram 58.8293 £0.00 ₴88,243.95 −₴1,349.61
Revolut 59.0320 £20.00 ₴87,367.36 −₴2,226.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 59.7290 – ₴89,593.56
Western Union Cheapest 58.8856 £0.00 ₴88,328.46 −₴1,265.10
MoneyGram 58.8293 £0.00 ₴88,243.95 −₴1,349.61
Revolut 59.0320 £20.00 ₴87,367.36 −₴2,226.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 59.9564 – ₴89,934.59
Revolut Cheapest 59.1900 £5.00 ₴88,489.00 −₴1,445.59
Western Union 58.8856 £0.00 ₴88,328.46 −₴1,606.13
MoneyGram 58.8293 £0.99 ₴88,243.95 −₴1,690.64
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.1921 – ₴90,288.21
MoneyGram Cheapest 59.1172 £0.00 ₴88,675.80 −₴1,612.41
Western Union 59.0692 £0.00 ₴88,603.80 −₴1,684.41
Revolut No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.1521 – ₴90,228.13
Revolut Cheapest 59.5246 £5.00 ₴88,989.20 −₴1,238.93
Western Union 59.2868 £0.00 ₴88,930.15 −₴1,297.98
MoneyGram 59.1722 £0.00 ₴88,758.30 −₴1,469.83
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.3595 – ₴90,539.32
Revolut Cheapest 59.7387 £5.00 ₴89,309.40 −₴1,229.92
Western Union 59.4115 £0.00 ₴89,117.32 −₴1,422.00
MoneyGram 59.3657 £0.00 ₴89,048.55 −₴1,490.77
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.2990 – ₴90,448.44
Revolut Cheapest 59.7659 £5.00 ₴89,349.98 −₴1,098.46
Western Union 59.4184 £0.00 ₴89,127.66 −₴1,320.78
MoneyGram 59.3705 £0.00 ₴89,055.75 −₴1,392.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.5060 – ₴90,758.94
MoneyGram Cheapest 59.5726 £0.00 ₴89,358.90 −₴1,400.04
Western Union 59.5242 £0.00 ₴89,286.25 −₴1,472.69
Revolut 59.4796 £20.00 ₴88,029.81 −₴2,729.13
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.5060 – ₴90,758.94
MoneyGram Cheapest 59.5726 £0.00 ₴89,358.90 −₴1,400.04
Western Union 59.5242 £0.00 ₴89,286.25 −₴1,472.69
Revolut 59.4499 £20.00 ₴87,985.82 −₴2,773.12
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.4011 – ₴90,601.62
MoneyGram Cheapest 59.5726 £0.00 ₴89,358.90 −₴1,242.72
Western Union 59.5242 £0.00 ₴89,286.25 −₴1,315.37
Revolut 59.5443 £5.00 ₴89,018.66 −₴1,582.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 61.0025 – ₴91,503.68
Western Union Cheapest 59.8592 £0.00 ₴89,788.75 −₴1,714.93
MoneyGram 59.5232 £0.00 ₴89,284.80 −₴2,218.88
Revolut 59.6125 £5.00 ₴89,120.72 −₴2,382.96
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.7844 – ₴91,176.62
Western Union Cheapest 59.8067 £0.00 ₴89,710.05 −₴1,466.57
Revolut 60.0006 £5.00 ₴89,700.92 −₴1,475.70
MoneyGram 59.6019 £0.99 ₴89,402.85 −₴1,773.77
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.6019 – ₴90,902.79
Revolut Cheapest 59.9472 £5.00 ₴89,621.05 −₴1,281.74
Western Union 59.6518 £0.00 ₴89,477.77 −₴1,425.02
MoneyGram 59.5765 £0.00 ₴89,364.75 −₴1,538.04
Exchange rateFeeRecipient getsDifference
Mid-market rate 61.0090 – ₴91,513.49
Revolut Cheapest 60.0189 £5.00 ₴89,728.19 −₴1,785.30
Western Union 59.6995 £0.00 ₴89,549.21 −₴1,964.28
MoneyGram 59.6597 £0.00 ₴89,489.55 −₴2,023.94
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.6906 – ₴91,035.95
MoneyGram Cheapest 60.1019 £0.99 ₴90,152.85 −₴883.10
Western Union 59.8271 £0.00 ₴89,740.63 −₴1,295.32
Revolut 60.0021 £20.00 ₴88,803.12 −₴2,232.83
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.6884 – ₴91,032.55
MoneyGram Cheapest 60.1019 £0.99 ₴90,152.85 −₴879.70
Western Union 59.8271 £0.00 ₴89,740.63 −₴1,291.92
Revolut 59.9781 £20.00 ₴88,767.62 −₴2,264.93
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.9441 – ₴91,416.14
MoneyGram Cheapest 60.1019 £0.99 ₴90,152.85 −₴1,263.29
Revolut 60.0970 £5.00 ₴89,844.96 −₴1,571.18
Western Union 59.8271 £0.00 ₴89,740.63 −₴1,675.51
Exchange rateFeeRecipient getsDifference
Mid-market rate 61.2153 – ₴91,822.91
MoneyGram Cheapest 60.2225 £0.00 ₴90,333.75 −₴1,489.16
Western Union 60.1238 £0.00 ₴90,185.71 −₴1,637.20
Revolut 60.1623 £5.00 ₴89,942.58 −₴1,880.33
Exchange rateFeeRecipient getsDifference
Mid-market rate 61.1404 – ₴91,710.63
Revolut Cheapest 60.6500 £5.00 ₴90,671.80 −₴1,038.83
Western Union 60.3285 £0.00 ₴90,492.80 −₴1,217.83
MoneyGram 60.2364 £0.00 ₴90,354.60 −₴1,356.03
Exchange rateFeeRecipient getsDifference
Mid-market rate 61.4318 – ₴92,147.63
Revolut Cheapest 60.7243 £5.00 ₴90,782.81 −₴1,364.82
MoneyGram 60.5072 £0.99 ₴90,760.80 −₴1,386.83
Western Union 60.4593 £0.00 ₴90,688.94 −₴1,458.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 61.0543 – ₴91,581.46
MoneyGram Cheapest 60.2617 £0.99 ₴90,392.55 −₴1,188.91
Western Union 60.2580 £0.00 ₴90,387.00 −₴1,194.46
Revolut 60.1884 £5.00 ₴89,981.62 −₴1,599.84
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.5032 – ₴90,754.80
MoneyGram Cheapest 59.8333 £0.99 ₴89,749.95 −₴1,004.85
Western Union 59.5958 £0.00 ₴89,393.65 −₴1,361.15
Revolut 59.7258 £20.00 ₴88,394.22 −₴2,360.58
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.6797 – ₴91,019.60
MoneyGram Cheapest 59.8333 £0.99 ₴89,749.95 −₴1,269.65
Western Union 59.5958 £0.00 ₴89,393.65 −₴1,625.95
Revolut 59.7020 £20.00 ₴88,358.88 −₴2,660.72
Exchange rateFeeRecipient getsDifference
Mid-market rate 60.7151 – ₴91,072.70
MoneyGram Cheapest 59.8333 £0.99 ₴89,749.95 −₴1,322.75
Revolut 59.9272 £5.00 ₴89,591.11 −₴1,481.59
Western Union 59.5958 £0.00 ₴89,393.65 −₴1,679.05
Exchange rateFeeRecipient getsDifference
Mid-market rate 61.1007 – ₴91,650.98
Revolut Cheapest 60.5653 £5.00 ₴90,545.09 −₴1,105.89
MoneyGram 60.0668 £0.00 ₴90,100.20 −₴1,550.78
Western Union 60.0292 £0.00 ₴90,043.74 −₴1,607.24

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 UAH 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 UAH on every transfer from the UK.

Right now, Revolut pays 90,545.09 UAH on 1,500 GBP, which is 1,105.89 UAH less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 90,782.81 UAH.

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 Ukraine.

We've tracked 239 comparisons to check how often today's top companies were the cheapest across 8 amounts over the past month.

  1. RevolutAppeared in 229 comparisons

    Cheapest in 19% of them

  2. MoneyGramAppeared in 207 comparisons

    Cheapest in 19% of them

  3. Western UnionAppeared in 120 comparisons

    Cheapest in 13% of them

Based on 239 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 Revolut is the cheapest and gets you the most UAH, but it was the cheapest in only 19% of the 229 comparisons it appeared in over the past month.

MoneyGram (today's second cheapest) was the cheapest in only 19% of its comparisons, so it's rarely the cheapest option for transfers to Ukraine.

If it's a one-off transfer, go with Revolut, since it's the cheapest right now.

Ways to send money from the UK to Ukraine

There are many ways to send money to Ukraine from the UK, including app, online, in person, multi-currency account, global business account, SNPL, and digital wallet, and more.

For small & frequent transfers

Money transfer apps

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

It charges £5 in fees, has 0.88% markup, lets you save recipient details, and UAH will arrive in minutes.

Over the past month, Revolut was the cheapest app on 38% of the days it appeared for £1,500 transfers.

For one off transfers

Online transfers

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

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

Of the 4 companies we compared, MoneyGram is the cheapest online service and will get you ₴90,100.20 on a £1,500 transfer.

In our comparisons over the past month, it was the cheapest online service on 16 of the 30 days it quoted.

For large transfers

Brokers

Currency brokers like TorFX or Key Currency, are the best for sending large amounts (£10k+) to Ukraine.

They charge no fees but add a percentage on top of the GBP/UAH interbank rate (which gets better the more you send).

We suggest to compare your options.

For spending and receiving

Multi-currency accounts

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

Revolut offers the best multi-currency account.

With it, converting £1,500 to UAH will get you ₴90,545.09 after fees.

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

Once you have UAH 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 Ukraine, companies like Airwallex, WorldFirst, or Payoneer handle batch and recurring payments a consumer app simply can’t.

Ways to fund GBP and receive UAH in Ukraine

Pay-in and pay-out methods will affect how much GBP you deposit and how much UAH 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 Ukraine is via Revolut, using a bank transfer to deposit GBP and bank deposit to receive UAH.

Depositing GBP

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

The cheapest pay-in option is bank transfer.

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 credit card.

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

Receiving money in Ukraine

Money can reach Ukraine by bank deposit, card deposit, and cash pickup, and each delivery method comes with its own fees.

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

Receiving cash

MoneyGram is the cheapest option for cash pickup (getting you ₴90,100.20 on a £1,500 transfer).

Digital wallets

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

  1. 1
    Bank transfer Bank deposit

    You pay £1,500.00

    ₴90,545

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay £1,500.00

    ₴90,545

    ₴0

  3. 3
    Credit card Bank deposit

    You pay £1,500.00

    ₴90,100

    -₴445

  4. 4
    Debit card Card deposit

    You pay £1,500.99

    ₴89,678

    -₴867

  5. 5
    Credit card Card deposit

    You pay £1,500.99

    ₴89,678

    -₴867

Show moreShow less
  1. 6
    Bank transfer Cash pickup

    You pay £1,503.99

    ₴89,265

    -₴1,280

  2. 7
    Debit card Cash pickup

    You pay £1,503.99

    ₴88,768

    -₴1,777

  3. 8
    Credit card Cash pickup

    You pay £1,503.99

    ₴88,768

    -₴1,777

Consider this when sending GBP to Ukraine

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

Compare GBP/UAH transfer options

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

Cheapest way to send money to Ukraine

The cheapest way is to use Revolut, pay in with a bank transfer and withdraw via bank deposit. You will get ₴90,545.09, which is 0.49% more than the next best option.

Fastest way to send money to Ukraine

The fastest way is to use Revolut via bank transfer deposit and bank deposit for pay out. You get ₴90,545.09 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/UAH 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 Revolut will get you 90,545.09 UAH, that’s including £5 fee and 0.88% in exchange rate markup.

Taxes on money transfers

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

And, regular gifts from your normal income are free of inheritance tax straight away, with no cap and no seven-year wait, as long as you can still cover your usual living costs.

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 4 regulated companies offering money transfers from the UK to Ukraine in real time.

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

Most GBP/UAH 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 239 comparisons across 8 amounts.

This page covers the cheapest and fastest options for GBP/UAH 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.