MoneyTransfers

How to send money to United Kingdom from Monaco

Get the best deals when you transfer from Monaco to the United Kingdom. Find the cheapest, fastest, and most reliable providers with the best EUR to GBP exchange rates.

Read on for analysis on the best ways to send money to United Kingdom from Monaco.

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Companies for transfers from Monaco to United Kingdom

Sponsored

"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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%
Sponsored

"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."

Fees
$1.99 - $2.99
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.3% - 2.1%

"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."

Fees
0.1% - 2.6%
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0%

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.4% - 1.5%

"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."

Fees
$1.99 - $2.99
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.3% - 2.1%

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
0.15% - 1.5%

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
2 - 3%

Overall best way: Wise

Wise is our recommended company for EUR to GBP transfers.

Wise scored the highest of the 6 money transfer companies supporting EUR to GBP transfers.

In total, Wise appeared in 100% of Monaco to United Kingdom searches.

For a great mix of cost, speed & features, we advise using Wise for your Monaco to United Kingdom transfer.

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How to compare companies offering money transfers from Monaco to United Kingdom

Summary of recent searches

Top rated for transfers from Monaco to United Kingdom
Wise
Total number of MC - GB providers
6
Average cheapest fees & rate
Regency FX
Average fastest transfer
Xoom
Average transfer time
Within minutes
Best for bank transfers
Regency FX
Best for debit card
Wise

Considerations for sending money from Monaco to United Kingdom

1
Compare providers

Always compare ways to send money from Monaco to the United Kingdom to get the best options for fees, speed, and reliability.

Our analysis included 6 providers that operate between Monaco and United Kingdom.

Through this, you get a comprehensive view of all the options you have in Monaco when you need to send money to the United Kingdom.

2
Track the Euro-Pound Sterling exchange rate
3
Choose the right payment method
4
Use regulated providers
5
Consider transfer limits
6
How to receive money in United Kingdom
7
Have your ID ready
8
Don't forget about taxes

Cheapest way to send money from Monaco to the United Kingdom: Regency FX

Regency FX offers the lowest cost transfers of the 6 compared.

Data collected for transfers between Monaco and the United Kingdom over the past six months shows that Regency FX is 0.2% cheaper than the second-best option.

This cost combines an average exchange rate between the Euro and Pound Sterling that is 0.27% different to the mid-market rate and an average fee of 0* EUR.

*The most common fee applied to EUR-GBP by Regency FX, based on data from the past six months.

Fastest way to transfer money to the United Kingdom from Monaco: Xoom.

We tested 6 companies offering transfers from Monaco to the United Kingdom and Xoom offered the quickest option.

Xoom was the quickest way to send Euro to Pound Sterling in 50% of searches. For fast transfers between EUR and GBP, Xoom comes highly recommended.

When using Xoom to send money from Monaco to the United Kingdom you can expect an average fee of 0 EUR. Although we would recommend comparing the amount you want to send.

When testing the 'fastest' options we compared 6 money transfer providers. To test overall speed of sending money from Monaco to the United Kingdom we included the timeframe for depositing Euro to a money transfer account and average transfer times to the United Kingdom.

When sending money to United Kingdom from Monaco quickly is a priority, Xoom is our recommended choice.

Need to make a large transfer to the UK? Use Currencies Direct

For larger transfers, competitive pricing & strong customer service are key.

Opt for a service proven with large transfers when size matters. For large payments to the UK, your top option is Currencies Direct.

While Currencies Direct may not always be the cheapest or fastest way to send EUR to the UK, they will ensure your money is safe and give you peace of mind while your money moves to United Kingdom.

Understanding the cost of money transfers to United Kingdom from Monaco

The total cost of sending money to United Kingdom from Monaco is a mix of the mid-market, exchange rates and transfer fees.

The Mid-Market and Exchange Rates: The mid-market for EUR-GBP is 0.8377 GBP per Euro.

Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Pound Sterling for your Euros.

The EUR-GBP mid-market rate over the last three months has seen the Euro worth an average 0.834 GBP. Within this there has been a high of 0.8477, and a low of 0.8232.

From 6 companies compared, Wise offers the strongest exchange rates.

The biggest factor in the overall cost of sending money is the exchange rate you receive on converting EUR to GBP.

Fees: When sending money there may be additional fees. Regency FX offers the lowest fee of the 6 providers tested, averaging 0 EUR per transfer over the last 6 months.

Amount Received: When comparing providers, the best measure is the amount of Pound Sterling eventually received in the United Kingdom.

This number should allow you to determine if you are getting a good deal. A higher amount of money received in the United Kingdom, means a better overall cost of sending money from Monaco.

How to find the best exchange rate for Euro to Pound Sterling

Timing is essential for sending money between EUR and GBP. The exchange rate you secure impacts how much GBP you get for your EUR.

Mid-market Rate
1 
=
0.837702 
GBP

Let's dive into some interesting recent trends.

  • Over the past six months, the exchange rate from EUR to GBP has seen some fluctuation. On average, it stood at 0.834.

  • During this period, the highest value recorded was 0.8477, while the lowest was 0.8232.

  • Wise, which is our recommended service to send money online from Monaco to United Kingdom offers an exchange rate that is only 0.01% above the mid-market rate.

Want to secure the best EUR-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 Monaco to United Kingdom!

Payment methods available to fund your Monaco to
United Kingdom transfer

  • Bank transfers

    Bank transfers are often the better option for money transfers from Monaco to the United Kingdom.

    Sending money via a bank transfer with a company such as Regency FX for transfers from Monaco to the United Kingdom allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


    On average, Regency FX is the best provider for bank transfers of the 6 we tested when sending EUR to the United Kingdom.

    With an average fee of EUR0 to send money from Monaco to the United Kingdom, Regency FX offers a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from Monaco to the United Kingdom with a prepaid or a debit card is very simple with Wise.


    Wise is a leader in card payments for transfers from Monaco to the United Kingdom, competing among a total of 6 active money transfer companies on this route.

  • Credit cards

    When it comes to transferring money with a credit card from Monaco to the United Kingdom, emerges as our top choice of the 6 companies offering this service.

    Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment 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 Monaco.


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 Monaco to United Kingdom.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR to GBP.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

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Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.