Overall best way: Revolut
Revolut scored the highest of the 5 money transfer companies supporting BBD to GBP transfers.
In total, Revolut appeared in 45.5% of Barbados to United Kingdom searches.
For a great mix of cost, speed & features, we advise using Revolut for your Barbados to United Kingdom transfer.
How to compare companies offering money transfers from Barbados to United Kingdom
Considerations for sending money from Barbados to United Kingdom
Always compare ways to send money from Barbados to the United Kingdom to get the best options for fees, speed, and reliability.
Our analysis included 5 providers that operate between Barbados and United Kingdom.
Through this, you get a comprehensive view of all the options you have in Barbados when you need to send money to the United Kingdom.
Cheapest way to send money from Barbados to the United Kingdom: Revolut
Data collected for transfers between Barbados and the United Kingdom over the past six months shows that Revolut is 0% cheaper than the second-best option.
This cost combines an average exchange rate between the Barbados Dollar and Pound Sterling that is 0.02% different to the mid-market rate and an average fee of 0.61* BBD.
*The most common fee applied to BBD-GBP by Revolut, based on data from the past six months.
Fastest money transfers to United Kingdom from Barbados: Wise.
Through our research, we found Wise to be the quickest way to send BBD into Pound Sterling in 100% of instances. For fast transfers between BBD and GBP, Wise is generally a good option.
Money transfers from Barbados to the United Kingdom through Wise have an average fee of 0.61 BBD.
To confirm that Wise was the 'fastest' option we compared 5 money transfer providers for overall speed of sending money from Barbados to the United Kingdom. This was made up of depositing Barbados Dollar to a money transfer account and transfer times to the United Kingdom.
When sending quickly is a priority, Wise is our recommended choice for sending into United Kingdom from Barbados.
Send large sums of money
Revolut offers the strongest all round option for large transfers of the 5 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Pound Sterling to Pound Sterling.
As such, opt for Revolut for sending large sums of money to the United Kingdom from Barbados.
Understanding the cost of sending money to United Kingdom from Barbados
The cost of sending money from United Kingdom to the United Kingdom, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from BBD-GBP is 0.3949 GBP per Barbados Dollar.
Finding a provider offering an exchange as close to 0.3949 as possible will ensure more Pound Sterling received when transferring.
For context, the BBD-GBP mid-market rate for the past three months has averaged 0.3811 GBP per Barbados Dollar. This includes a high of 0.3896, and low of 0.37.
Wise currently offers the best exchange rate on transfers from Barbados to the United Kingdom.
For the most part the BBD-GBP exchange rate you receive is the biggest factor impacting the cost of sending BBD to the United Kingdom.
Fees: Outside of exchange rates, you may need to pay a fee to send. Wise currently offers the lowest fees on transfers to the United Kingdom from Barbados, averaging 0.61 BBD over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Pound Sterling is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Barbados Dollars to GBP, paired with a low fee, means a higher total amount received in the United Kingdom.
How to find the best exchange rate for Barbados Dollar to Pound Sterling
Timing is essential for sending money between BBD and GBP. The exchange rate you secure impacts how much GBP you get for your BBD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from BBD to GBP has seen some fluctuation. On average, it stood at 0.3811.
During this period, the highest value recorded was 0.3896, while the lowest was 0.37.
Revolut, which is our recommended service to send money online from Barbados to United Kingdom offers an exchange rate that is only 0.02% above the mid-market rate.
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Payment options for transfers from Barbados to United Kingdom
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United Kingdom and Barbados.
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 Barbados to United Kingdom.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BBD to GBP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.