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Overall best way: Wise
Wise scored the highest of the 3 money transfer companies supporting CUC to GBP transfers.
In total, Wise appeared in 83.3% of Cuba to United Kingdom searches.
For a great mix of cost, speed & features, we advise using Wise for your Cuba to United Kingdom transfer.
How to compare companies offering money transfers from Cuba to United Kingdom
- Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from Cuba to the United Kingdom. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to the United Kingdom.
- Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from Cuba to your chosen country & currency.
Summary of recent searches
Considerations for sending money from Cuba to United Kingdom
Always compare ways to send money from Cuba to the United Kingdom to get the best options for fees, speed, and reliability.
Our analysis included 3 providers that operate between Cuba and United Kingdom.
Through this, you get a comprehensive view of all the options you have in Cuba when you need to send money to the United Kingdom.
Cheapest way to transfer money from Cuba to United Kingdom: Wise
Data collected over the past six months shows that Wise is 0% cheaper than the second-best option.
This includes an average transfer fee of 34.16* CUC an exchange rate for buying Pound Sterling with Peso Convertibles that is 0.02% different to the mid-market rate.
If you want to secure the best rates on transfers from Cuba to United Kingdom, Wise will result in the most Pound Sterling received.
*The most common fee applied to CUC-GBP by Wise, based on data from the past six months.
Fastest money transfers to United Kingdom from Cuba: Instarem.
Through our research, we found Instarem to be the quickest way to send CUC into Pound Sterling in 50% of instances. For fast transfers between CUC and GBP, Instarem is generally a good option.
Money transfers from Cuba to the United Kingdom through Instarem have an average fee of 0 CUC.
To confirm that Instarem was the 'fastest' option we compared 3 money transfer providers for overall speed of sending money from Cuba to the United Kingdom. This was made up of depositing Peso Convertible to a money transfer account and transfer times to the United Kingdom.
When sending quickly is a priority, Instarem is our recommended choice for sending into United Kingdom from Cuba.
Sending large sums of money?
Of the 3 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 United Kingdom from Cuba can be expensive.
Wise is our choice for big transfers to CUC because of all round price, speed and management when making large transfers.
Understanding the costs involved when transferring money from Cuba to United Kingdom
When calculating the costs of money transfers between Cuba and United Kingdom, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the CUC-GBP mid-market rate equals 0.7971 GBP per Peso Convertible.
For reference, the CUC-GBP average mid-market rate for the past three months has been 0.7761 GBP per Peso Convertible, with a high of 0.7894 and a low of 0.7621.
The company offering the best exchange rate is Wise.
Often the CUC-GBP exchange rate you receive is the bigger factor than how much it costs to send Peso Convertibles to the United Kingdom.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Wise, averaging 34.16 CUC over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.
Amount Received: The amount received in Pound Sterling is the biggest indicator the total cost of sending money from Cuba to the United Kingdom. Essentially, the more the recipient receives in the United Kingdom, the less it is costing to send from Cuba.
How to find the best exchange rate for Peso Convertible to Pound Sterling
Timing is essential for sending money between CUC and GBP. The exchange rate you secure impacts how much GBP you get for your CUC.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CUC to GBP has seen some fluctuation. On average, it stood at 0.7761.
During this period, the highest value recorded was 0.7894, while the lowest was 0.7621.
Wise, which is our recommended service to send money online from Cuba to United Kingdom offers an exchange rate that is only 0.02% above the mid-market rate.
Want to secure the best CUC-Pound Sterling exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Cuba to United Kingdom!
How to pay for money transfers between Cuba and United Kingdom
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Cuba to the United Kingdom.
Using a money transfer company such as Wise for transfers from Cuba to the United Kingdom, will mean being able to send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers of the 3 we compared for transfers from CUC to the United Kingdom.
To send money from Cuba to United Kingdom, Wise has an average fee of 36.22 CUC.
Debit cards and prepaid options
Sending money from Cuba to the United Kingdom with a debit card or a prepaid card is very simple with Instarem.
Instarem is the cheapest option for sending money with a debit card between Cuba and the United Kingdom. This is of the 3 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card money transfers from Cuba to the United Kingdom, Instarem emerges as our top choice of the 3 companies offering this service.
Be aware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why 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 United Kingdom and Cuba.
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 Cuba to United Kingdom.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CUC to GBP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
