Compare pound to US Dollar For Sending Money to United States from United Kingdom

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Mid Market Rate

The mid-market rate is the midpoint between the buy and sell prices of two currencies.
Make money transfers and manage your account online 24 hours a day, 7 days a week from any device. XE Money has some best customer reviews we have ever seen, which shows that the users are satisfied with its services.
WorldRemit is an online money transfer service that provides international remittance services to expatriates and migrant workers

More Available Options

You can check rates of some more providers that may support your country
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.
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. 
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.
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

About UK and US

The USD and GBP are a popular currency in the exchange market and usually used as the basic unit of conversion for other currencies including for some people in US. Today, you can enjoy a variety of GBP to USD transfer and exchange services from UK to US thanks to Exchange Rate IQ, you don’t need to take so much time researching for the best service.

From online cash transfer services offered by platforms like XE Money, OFX and Azimo to direct cash transfer as seen with Travelex and Western Union, we have broken down and compared the available money options and detailed features about the service below. 

What is the best way to send money from UK to US?

The best way of sending money from UK to US entirely depends on your needs. In most cases, important factors like the cost of service or how much you need to send from US to UK. The exchange rates provided by your preferred money transfer company also contributes to the quality of service.

It is however safe to mention that a great percentage of people who send money to US from UK prefer using online money transfers. That is because the services are prompt and the users have more options for sending money. You can decide to make direct bank deposits or use cash pick up point services without any struggle.

American banks that operate in the UK are also playing a significant role in offering GBP to USD transfer and exchange services especially for people who need to send large sums of money on a regular basis. Bank transfers usually take at least one or two days with all factors considered while some banks can take longer.

5 things to consider when sending money from UK to US

As much as the hard part has been done for you, it is good to know that when it comes to choosing the best service to transfer money from UK to US you need to keep the following in mind;

  1. How much you need to send

    Usually, the cost of transferring money is determined by how is being sent. Some companies will have favorable rates if you are sending more money and some only work better if you are sending small amounts.

  2. Exchange rate

    The USD and GBP are not far apart when it comes to value. However, it is vital to point out that the exchange rates being provided by these money transfer services differs but thanks to Exchange Rate IQ, you can always get the updated comparison.

  3. The duration of service

    Many people like it when their money transfer is instant if not faster because it is good for business. That explains why transferring money from UK to US online has become more popular.

  4. How much it costs

    While some money transfer companies charge highly for GBP to USD transfer services, some offer the same service for free if not cheaper.

  5. Security

    Although the UK and US exchange corridor is one of the most active, it is good to know that malicious are constantly preying on the unsuspecting public. You therefore need to properly authenticate if the money transfer company is legitimate or not.

FAQ's

What do I need to send money from UK to US?

The first thing you need is to hold an account with the company or bank that you want to use for sending money to US from UK. You then need to provide your personal information accurately. When sending money, make sure that you enter the correct details of the receiver.

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What is the fastest way for sending money from UK to US?

The impact that technology has brought to the world of money transfer is unmatched. Money transfer from UK to US through apps like XE Money can take a few minutes the he person receiving the money also uses the same app.

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How many times can I send money to US from UK?

You can send money from UK to US as many times as you wish as long as you follow the right protocol. It is however important to point out that some money transfer companies have limits as per how much you can send in a given period.

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

Current Exchange Rate(Mid Market) :- 1.26 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 USA Receive US Dollar
1 GBP TO USD 1.26
50 GBP TO USD 63
100 GBP TO USD 126
250 GBP TO USD 315
500 GBP TO USD 630
1000 GBP TO USD 1260
5000 GBP TO USD 6300
10000 GBP TO USD 12600
Send US Dollar Receive Pound From USA
1 USD FROM GBP 0.79
50 USD FROM GBP 39.68
100 USD FROM GBP 79.37
250 USD FROM GBP 198.41
500 USD FROM GBP 396.83
1000 USD FROM GBP 793.65
5000 USD FROM GBP 3968.25
10000 USD FROM GBP 7936.51

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