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GBP to EUR

Best way to Send money from UK to Portugal

Highest remittance rate for converting 1 GBP to EUR = 1.16

Send money from UK to Portugal

Explore & compare 2 money transfer services to send money from United Kingdom to Portugal. Compare exchange rate and fees for pound to Euro Member Countries. Choose the best remittance service for your fund transfer from United Kingdom to Portugal for pound to Euro Member Countries 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 Portugal 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.

Country Guide - Portugal

1.17

Mid Market Rate

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1.17

Mid Market Rate

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BEST VALUE FASTEST
Pay-In
Pay-Out
You Pay (Includes Fee £ 0.875) £ 250
Receiving Amount
€ 291.6756
Realized Exchange Rate
1.16
instarem GBP to EUR Exchange Rate
1.1708
Best Value

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Transfer Time : 1-2 Days
More Details
Instarem is a one of the safest & leading money transfer service provider for sending money from United Kingdom to Portugal for sending amount 250. Today’s Instarem exchange rate for sending money from GBP to EUR is 1.1708 with a £ 0.875 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 1.16. The pay in options available are Bank, also you can receive money using Bank, at multiple Instarem partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Instarem click here
Pay-In
Pay-Out
You Pay (Includes Fee £ 2) £ 250
Receiving Amount
€ 290.532
Realized Exchange Rate
1.15
transferwise GBP to EUR Exchange Rate
1.1715
0.86% vs Best Value

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Transfer Time : 3-5 Days
More Details
Transferwise is a one of the safest & leading money transfer service provider for sending money from United Kingdom to Portugal for sending amount 250. Today’s Transferwise exchange rate for sending money from GBP to EUR is 1.1715 with a £ 2 fee. Based on the Exchange Rate IQ calculations it offers 0.86% less than the best value for your money transfer. The realized exchange rate after considering the fees is 1.15. 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

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

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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. 

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Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

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With Xendpay you get the best deal and make a big difference with every transfer

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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.

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Money2anywhere is a product of UAE Exchange LLC Ltd which has its presence in more than 30 countries with over 150 correspondent banking relationships.

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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.

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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

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GBP to EUR - Best Money Transfer Service Review Summary

  • Which is the best option available to send money from United Kingdom to Portugal after comparison?
  • With our real-time comparison on sending money from United Kingdom to Portugal ,
      we have found Instarem remittance services who are providing competitive exchange rates.
  • Top 1 companies are - ( Instarem, 1.16 ) .
  • To remit money in the bank account of Portugal, best companies is ( Instarem, 1.16 ).
  • Current money transfer offeres/promotions are available with Instarem money transfer services.
  • For quick money transfer from United Kingdom to Portugal with agent service is Instarem with exchange rate 1.16.
  • Available pay in when sending money from United Kingdom to Portugal Bank, Creditcard, Debitcard.
  • Available pay out when sending money from United Kingdom to Portugal Bank.
  • Other options to transfer money from United Kingdom to Portugal are Ria, Travelex, Westernunion, Xendpay, Worldfirst, Money2anywhere, Postoffice, Moneygram .
  • The comparison result was last updated on Apr 16, 2024.
  • For the latest comparison result of United Kingdom to Portugal, Please visit ExchangeRate IQ regularly.

About UK and Portugal

The number of options available for sending money from the UK to Portugal is vast, consisting of different methods and processes to be followed. The problem usually comes in when choosing the right option. It is prudent that you evaluate all the options available before coming to a final decision. 

The GBP and EUR are among the most popular currencies in the world today. When transferring money from UK to Portugal, service providers like XE Money can be a good choice.

Best way to send money from UK to Portugal

If you want to send money to Portugal from UK, there are a number of things you have to consider. First of all, that there are a number of options that enable you to transfer your money easily. You can use direct cash transfer services like Money2anywhere, Western Union and Travelex as well as a couple of other options that we have availed to you. 

Banks and other wire transfer services are also willing to offer these services to you at competitive rates. Then comes online money transfer options such as XE Money, Instarem, Transfer Go, and Azimo that you can use. Among all these options, XE Money still remains top, offering quality service as well as a simple to use platform for all. 

Here at Exchange Rate IQ, we have sampled all the available options for you, enabling you to compares all these services and get to know which one offers the best rates for you. 

4 things to consider before sending money to Germany from UK

  1. Exchange Rate offered

    GBP to EUR rates vary among different money transfer companies. You can compares the exchange rates with the mid-market rate by using websites like Exchange Rate IQ that make your work easier.

  2. How much will it cost you

    Transferring money to Portugal from UK should not be expensive. The cost you pay will depend on the company you choose. Exchange Rate IQ has already done this for you.

  3. The time it will take

    Different money transfer services offer different speeds of transfer for your currency. This may be dependent on the fees you are willing to pay. Find out how you can get your money wired fast here at Exchange Rate IQ.

  4. Security

    How safe is your money while making your transaction? It is critical to ensure that the transfer option you choose guarantees your money of safe arrival to its destination.

FAQ's

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

Online money transfer services are currently the fastest way to transfer money from UK to Portugal. The good thing is that you can access them at the comfort of your home via your smart phone while keeping track of your money.

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Is it safe to transfer money from UK to Portugal?

Most transfer services aim at protecting their customer’s money in order to protect their integrity. However, it is still possible to get ripped off your money without proper research. Here at Exchange Rate IQ, we have all you need to know concerning this.

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I have never made cross-border transfers and I do not know where to start?

You being here is already a good start. All you have to do is look at the different options available first, check the best rate possible, determine how fast you want your money transferred and finally choose how the recipient wants to get the money. All your research can be conducted right here on this single platform without much effort.

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Historical Mid Market Exchange Rate From Pound (GBP) to Euro Member Countries (EUR) (Weekly)

Current Exchange Rate(Mid Market) :- 1.17 EUR/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 EUR

Send Pound To PORTUGAL Receive Euro Member Countries
1 GBP TO EUR 1.17
50 GBP TO EUR 58.5
100 GBP TO EUR 117
250 GBP TO EUR 292.5
500 GBP TO EUR 585
1000 GBP TO EUR 1170
5000 GBP TO EUR 5850
10000 GBP TO EUR 11700
Send Euro Member Countries Receive Pound From PORTUGAL
1 EUR FROM GBP 0.85
50 EUR FROM GBP 42.74
100 EUR FROM GBP 85.47
250 EUR FROM GBP 213.68
500 EUR FROM GBP 427.35
1000 EUR FROM GBP 854.7
5000 EUR FROM GBP 4273.5
10000 EUR FROM GBP 8547.01

Click To Compare Money Transfer Services For The Following

EUR USD INR PHP CAD AUD MXN CNY
USD 0.94180 1.00000 83.49716 57.00100 1.37942 1.55651 16.75261 7.23780
GBP 1.17128 1.24366 103.84186 70.88972 1.71553 1.93576 20.83451 9.00134
AUD 0.60507 0.64246 53.64385 36.62104 0.88623 1.00000 10.76293 4.65002
CAD 0.68275 0.72494 60.53058 41.32241 1.00000 1.12838 12.14467 5.24698
EUR 1.00000 1.06179 88.65675 60.52330 1.46466 1.65269 17.78781 7.68505
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Best Money Transfer Rate GBP to EUR

Company Name Live Exchange Rate
XE Money Transfer € 1.17
Instarem € 1.17
Transferwise € 1.17
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