Comparison

The Cheapest Way to Send Money Abroad from the UK

📅 May 2026·⏱ 8 min·✍️ LanovaPay Team

Sending money abroad doesn't have to be expensive. Here's how to find the cheapest option for your specific corridor.

Compare Total Cost, Not Just Fees

A "fee-free" service with a 2% exchange rate markup costs more than a £1.50 fee with a 0.4% margin on any transfer over £100.

Tips

  • Use dedicated remittance services instead of banks (save 3-5%)
  • Pay via bank transfer instead of card
  • Send larger amounts less frequently
  • Compare at least 3 providers before each transfer

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