Best Way to Send money from UK to Italy

Highest remittance rate for converting 1 GBP to USD = 1.27

Send money from UK to Italy

Explore & compare 3 money transfer services to send money from United Kingdom to Italy. Compare exchange rate and fees for pound to US Dollar. Choose the best remittance service for your fund transfer from United Kingdom to Italy for pound to US Dollar to send money online or to send cash. Save time & money on international money transfer with best deals and discount offers. Send money overseas conveniently with ExchangeRateIQ .

Many people are stuck between options when it comes to sending money from United Kingdom to Italy because of the many available and confusing options. Thanks to Exchange Rate IQ however, you can quickly select a suitable money transfer service and learn how services like XE Money can make life easier for you.

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Country Guide - Italy

1.28

Mid Market Rate

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1.28

Mid Market Rate

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Currencies:
GBP-EUR GBP-USD
Sort By:
BEST VALUE FASTEST
Pay-In
Pay-Out
You Pay (Includes Fee $ 4) £ 503.1279
Receiving Amount
$ 639.4
Realized Exchange Rate
1.27
currencyfair GBP to USD Exchange Rate
1.2788
Best Value

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Transfer Time : 1-2 Days
Promoted
Currencyfair is a one of the safest & leading money transfer service provider for sending money from United Kingdom to Italy for sending amount 500. Today’s Currencyfair exchange rate for sending money from GBP to USD is 1.2788 with a $ 4 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 1.27. The pay in options available are Bank, also you can receive money using Bank, at multiple Currencyfair partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Currencyfair click here
Pay-In
Pay-Out
You Pay (Includes Fee £ 2.49) £ 500
Receiving Amount
$ 639.3004
Realized Exchange Rate
1.27
transferwise GBP to USD Exchange Rate
1.285
Best Value

SEND NOW

Transfer Time : 3-5 Days
Transferwise is a one of the safest & leading money transfer service provider for sending money from United Kingdom to Italy for sending amount 500. Today’s Transferwise exchange rate for sending money from GBP to USD is 1.285 with a £ 2.49 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 1.27. The pay in options available are Bank, Creditcard, Debitcard, also you can receive money using Bank, at multiple Transferwise partner locations. The transfer time usually range between 3-5 Days. For more detailed review of Transferwise click here
Pay-In
Pay-Out
You Pay (Includes Fee £ 12) £ 512
Receiving Amount
$ 639.2
Realized Exchange Rate
1.25
azimo GBP to USD Exchange Rate
1.2784
1.57% vs Best Value

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Transfer Time : Same Day
Azimo is a one of the safest & leading money transfer service provider for sending money from United Kingdom to Italy for sending amount 500. Today’s Azimo exchange rate for sending money from GBP to USD is 1.2784 with a £ 12 fee. Based on the Exchange Rate IQ calculations it offers 1.57% less than the best value for your money transfer. The realized exchange rate after considering the fees is 1.25. The pay in options available are Bank, Creditcard, Debitcard, also you can receive money using Bank, at multiple Azimo partner locations. The transfer time usually range between Same Day. For more detailed review of Azimo click here

More Available Options

You can check rates of some more providers that may support your country
With Xendpay you get the best deal and make a big difference with every transfer
World First is a UK-based foreign exchange company. It offers currency exchange and international payments to private clients, corporate and e-Commerce clients in the UK and a number of other countries.
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
There are more than 200 countries you can send to using MoneyGram. Fees vary depending on where you are sending, how much, and how you are paying
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.
Money2anywhere is a product of UAE Exchange LLC Ltd which has its presence in more than 30 countries with over 150 correspondent banking relationships.
Post Office aspires to be at the very heart of customers choice by becoming the most trusted provider of essential services to every person in the land.

GBP to USD - Best Money Transfer Service Review Summary

  • Which is the best option available to send money from United Kingdom to Italy after comparison?
  • With our real-time comparison on sending money from United Kingdom to Italy ,
      we have found Currencyfair, Transferwise remittance services who are providing competitive exchange rates.
  • Top 3 companies are - ( Currencyfair, 1.27 ) ( Transferwise, 1.27 ) ( Azimo, 1.25 ) .
  • To remit money in the bank account of Italy, best companies is ( Currencyfair, 1.27 ).
  • Current money transfer offeres/promotions are available with Currencyfair, Azimo money transfer services.
  • For quick money transfer from United Kingdom to Italy with agent service is Azimo with exchange rate 1.25.
  • Available pay in when sending money from United Kingdom to Italy Bank, Creditcard, Debitcard.
  • Available pay out when sending money from United Kingdom to Italy Bank.
  • Other options to transfer money from United Kingdom to Italy are Xendpay, Worldfirst, Travelex, Moneygram, Westernunion, Money2anywhere, Postoffice .
  • The comparison result was last updated on Sep 28, 2020.
  • For the latest comparison result of United Kingdom to Italy, Please visit ExchangeRate IQ regularly.

About UK and Italy

Millions of money is transferred from UK to Italy in form of remittance by Italian immigrants working in the UK every year. Whether you want to send money to your loved ones or make payments for service or property purchased, it is important that you find the best money transfer service. Today, sending money from UK to Italy is convenient thanks to the various options available.

Because it can take you a long time to find the perfect money transfer service, Exchange Rate IQ has taken the responsibility to simplify everything for you. Find out the best way to send money from UK to Italy by quickly comparing the options below.

Fastest way to send money from UK to Italy

The impact of technology on the international money transfer industry is mind blowing. Using online platforms like XE Money , Xoom, Transfer Wise and OFX transferring money to Italy from UK can take a matter of minutes. Italian banks that operate in the UK can also offer fast bank to bank money transfers.

Direct money transfer services offered by companies like Western Union, Post Office and Money2Anywhere can also be convenient however, because the transaction is almost instant. Some online money transfer platforms allow you to send money direct to a bank account. This however can take more than a day or two to process.

4 things to consider when sending money from UK to Italy

When searching for the best way to send money from UK to Italy, there are certain things that usually run in your mind and they usually include;

  • How much the process will cost

    The cost of sending money to Italy from UK usually depends on how much you need to transfer and the mode of transfer. However, it is good to know that there are some online, money transfer companies that can offer you very low or free money transfer services.

  • Exchange rates

    Comparing the GBP to EUR exchange rates of various money transfer companies is not easy and that is why Exchange Rate IQ is here for you. High exchange rates are good because it gives the GBP more value over EUR no matter the margin.

  • Convenience

    Sending money to Italy from UK or any part of the world should be as easy as picking up your phone and completing the transaction. That is why online platforms like XE Money and Azimo are winning. Also some of these online platforms allow the sender options for sending money like depositing to an Italian bank account or use pick up point services.

  • Speed of service

    A good money transfer service should be instant. Some however take longer because more time is required to confirm if a transaction is legit. The amount of money you need to send can also affect how long the money transfer process will take.

FAQ's

What is the fastest way to send money from UK to Italy?

from customers reviews, online money transfer services offer the quickest money transfer as the transaction is prompt more so if both the sender and receiver hold an account on the same platform.

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What is the maximum amount of money that I can send to Italy from UK?

There is no limit as to how much you can send from UK to Italy. However, it is good to know that some money transfer companies can have limits with regards to their policies.

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Can I send money direct to an Italian bank account from UK?

The simple answer to this question is yes. Better yet, platforms like XE Money even allow you to send money from your online account to someone’s bank account. Such transactions usually take one or two days depending on the service provider.

Discuss this question

Historical Mid Market Exchange Rate From Pound (GBP) to US Dollar (USD) (Weekly)

Current Exchange Rate(Mid Market) :- 1.28 USD/GBP

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion GBP To USD

Send Pound To ITALY Receive US Dollar
1 GBP TO USD 1.28
50 GBP TO USD 64
100 GBP TO USD 128
250 GBP TO USD 320
500 GBP TO USD 640
1000 GBP TO USD 1280
5000 GBP TO USD 6400
10000 GBP TO USD 12800
Send US Dollar Receive Pound From ITALY
1 USD FROM GBP 0.78
50 USD FROM GBP 39.06
100 USD FROM GBP 78.13
250 USD FROM GBP 195.31
500 USD FROM GBP 390.63
1000 USD FROM GBP 781.25
5000 USD FROM GBP 3906.25
10000 USD FROM GBP 7812.5

Click To Compare Money Transfer Services For The Following

Best Money Transfer Rate GBP to USD

Company Name Live Exchange Rate
XE Money Transfer $ 1.28
Currencyfair $ 1.28
Transferwise $ 1.29
Azimo $ 1.28
USD

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