Overall best way: Wise
Wise scored the highest of the 4 money transfer companies supporting PEN to GBP transfers.
In total, Wise appeared in 57.9% of Peru to United Kingdom searches.
For a great mix of cost, speed & features, we advise using Wise for your Peru to United Kingdom transfer.
How to compare companies offering money transfers from Peru to United Kingdom
Considerations for sending money from Peru to United Kingdom
Always compare ways to send money from Peru to the United Kingdom to get the best options for fees, speed, and reliability.
Our analysis included 4 providers that operate between Peru and United Kingdom.
Through this, you get a comprehensive view of all the options you have in Peru when you need to send money to the United Kingdom.
Cheapest way to send money from Peru to the United Kingdom: Wise
Data collected for transfers between Peru and the United Kingdom over the past six months shows that Wise is 0.2% cheaper than the second-best option.
This cost combines an average exchange rate between the Nuevo Sol and Pound Sterling that is 0% different to the mid-market rate and an average fee of 17.5* PEN.
*The most common fee applied to PEN-GBP by Wise, based on data from the past six months.
Fastest way to transfer money to the United Kingdom from Peru: Wise.
Wise was the quickest way to send Nuevo Sol to Pound Sterling in 42.1% of searches. For fast transfers between PEN and GBP, Wise comes highly recommended.
When using Wise to send money from Peru to the United Kingdom you can expect an average fee of 24.21 PEN. Although we would recommend comparing the amount you want to send.
When testing the 'fastest' options we compared 4 money transfer providers. To test overall speed of sending money from Peru to the United Kingdom we included the timeframe for depositing Nuevo Sol to a money transfer account and average transfer times to the United Kingdom.
When sending money to United Kingdom from Peru quickly is a priority, Wise is our recommended choice.
Transfer a large amount of money
Wise is the best rated company for sending large amounts of Pound Sterling to the United Kingdom out of 4 companies offering the service.
Whether for a property purchase, or for business, sending large amounts of money to the United Kingdom from Peru has the potential to be very expensive.
Wise is our choice for big transfers to PEN because of all round price, speed and management when making large transfers.
Understanding the cost of sending money from Peru to United Kingdom
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Peru to the United Kingdom.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Pound Sterling for your Nuevo Sol. The current PEN-GBP mid-market rate is 0.2085 GBP per Nuevo Sol.
This rate changes regularly so it can pay to track it. For comparison, the PEN-GBP mid-market rate for the past three months has averaged 0.2045 GBP per Nuevo Sol, with a low of 0.2006 and a high of 0.2118.
Wise is currently offering the best exchange rate from the 4 companies compared.
Often the PEN-GBP exchange rate you pay is the biggest cost factor when transferring Nuevo Sols to the United Kingdom.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Nuevo Sol you’re sending to the United Kingdom. Instarem currently has the lowest fees for transfers into GBP at an average of 17.5 PEN over the last 6 months. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Pound Sterling is the biggest indicator of the total cost of sending money to the United Kingdom from Peru. The bigger the amount received in the United Kingdom, the lower the overall cost of sending from Peru.
How to find the best exchange rate for Nuevo Sol to Pound Sterling
Timing is essential for sending money between PEN and GBP. The exchange rate you secure impacts how much GBP you get for your PEN.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from PEN to GBP has seen some fluctuation. On average, it stood at 0.2045.
During this period, the highest value recorded was 0.2118, while the lowest was 0.2006.
Wise, which is our recommended service to send money online from Peru to United Kingdom offers an exchange rate that is only 0% above the mid-market rate.
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Funding your Peru to United Kingdom money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United Kingdom and Peru.
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 Peru to United Kingdom.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send PEN to GBP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.