Some quick
remittance facts
about United Kingdom

Globally, official records suggest migrants have sent more than $500 billion (£320 billion) in remittances. In 2011, recorded remittances from the UK were worth just over $3.2 billion.

According to the estimates, remittances from the UK, including unrecorded transfers through formal and informal channels, could be worth up to $23 billion – including $3.9 billion to India, $3.8 billion to Nigeria, and more than $1.2 billion to Poland. This would make the UK the third-largest source of remittances, after the US and Canada.

The UK is a major host of migrants, and London remains a global center for migration with approximately 3.8 million residents out of a total population of 8.65 million. The United Kingdom has an outflow of more than US$17 billion in remittances to developing countries.

Remittance flows from the United Kingdom are mainly sent to former colonies throughout the world, including Bangladesh, India, Kenya, Nigeria, Pakistan and Sri Lanka, as well as to China, Lithuania, the Philippines and Poland.

Featured Money Transfer Services

Search, Compare & Save Money

Over 100 Banks & Money Transfer Operators

Discover best excange rate & lowest fees

Discover

  • Highest Exchange Rate
  • Minimum Fee
  • Fastest Mode of Money Transfer
  • Discount & Promo Codes
Analyze live rates from money transfer services

Analyze

  • Hidden Charges
  • Customer Reviews of Provider
  • Exchange Rate Trends
Send money instantly, online or from branch

Transfer

  • Choose the Best Provider for Your Need
  • Transfer Money in Few Clicks
  • Sit Back & Relax!
// //

Whoops, looks like something went wrong.