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Overall best way: Wise
Wise scored the highest of the 2 money transfer companies supporting LYD to GBP transfers.
In total, Wise appeared in 100% of Libya to United Kingdom searches.
For a great mix of cost, speed & features, we advise using Wise for your Libya to United Kingdom transfer.
How to compare companies offering money transfers from Libya 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 Libya 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 Libya to your chosen country & currency.
Summary of recent searches
Considerations for sending money from Libya to United Kingdom
Always compare ways to send money from Libya to the United Kingdom to get the best options for fees, speed, and reliability.
Our analysis included 2 providers that operate between Libya and United Kingdom.
Through this, you get a comprehensive view of all the options you have in Libya when you need to send money to the United Kingdom.
Cheapest way to transfer money from Libya to United Kingdom: Wise
Data collected over the past six months shows that Wise is 5.5% cheaper than the second-best option.
This includes an average transfer fee of 1.5* LYD an exchange rate for buying Pound Sterling with Libyan Dinars that is 0.01% different to the mid-market rate.
If you want to secure the best rates on transfers from Libya to United Kingdom, Wise will result in the most Pound Sterling received.
*The most common fee applied to LYD-GBP by Wise, based on data from the past six months.
Fastest way to transfer money to the United Kingdom from Libya: Wise.
Wise was the quickest way to send Libyan Dinar to Pound Sterling in 100% of searches. For fast transfers between LYD and GBP, Wise comes highly recommended.
When using Wise to send money from Libya to the United Kingdom you can expect an average fee of 5.69 LYD. Although we would recommend comparing the amount you want to send.
When testing the 'fastest' options we compared 2 money transfer providers. To test overall speed of sending money from Libya to the United Kingdom we included the timeframe for depositing Libyan Dinar to a money transfer account and average transfer times to the United Kingdom.
When sending money to United Kingdom from Libya quickly is a priority, Wise is our recommended choice.
Transferring large sums of money
Of the 2 money transfer companies tested, Wise is the strongest option for large transfers from Libya to the United Kingdom.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from Libya to the United Kingdom can become expensive through your bank or with the wrong provider.
Wise is our choice for sending large sums of money to LYD because they offer a strong all-round product.
Understanding the costs involved when transferring money to United Kingdom from Libya
When calculating the cost of sending money from Libya to the United Kingdom, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current LYD-GBP mid-market rate is 0.1629 GBP per Libyan Dinar. Finding a provider as close to this number as possible will ensure more Pound Sterling for your money.
As a comparison, the LYD-GBP mid-market rate for the past three months has averaged 0.1601 GBP per Libyan Dinar, hitting a high of 0.1618 and a low of 0.1583.
Wise is currently offering the best exchange rate on transfers between Libya and the United Kingdom.
Often the LYD-GBP exchange rate you receive will be the biggest factor impacting the cost of sending Libyan Dinar to the United Kingdom.
Fees: Transfer fees are charged on top of a transfer. Instarem currently offers lowest fees, at an average of 1.5 LYD 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 Pound Sterling is the biggest indicator in the total cost of sending money to Libya from the United Kingdom. The higher the total amount received in the United Kingdom, the lower the cost of sending from Libya.
How to find the best exchange rate for Libyan Dinar to Pound Sterling
Timing is essential for sending money between LYD and GBP. The exchange rate you secure impacts how much GBP you get for your LYD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from LYD to GBP has seen some fluctuation. On average, it stood at 0.1601.
During this period, the highest value recorded was 0.1618, while the lowest was 0.1583.
Wise, which is our recommended service to send money online from Libya to United Kingdom offers an exchange rate that is only 0.01% above the mid-market rate.
Want to secure the best LYD-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 Libya to United Kingdom!
Paying for your Libya to United Kingdom transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Libya to the United Kingdom.
By using a money transfer company such as Wise for transfers from Libya to the United Kingdom, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Wise is the cheapest provider for bank transfers from the 2 we tested when sending LYD to the United Kingdom.
With an average fee of 8.67 LYD to send money from Libya to the United Kingdom, Wise offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Libya to the United Kingdom with a debit or a prepaid card is easy with Wise.
Wise is a one of the better options in the market for international debit card transfers from Libya to the United Kingdom.
Credit cards
For credit card transfers from Libya to the United Kingdom, is our top choice of the 2 companies offering this payment method.
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United Kingdom and Libya.
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 Libya to United Kingdom.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send LYD 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
