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Find the best ways to send money to India from UK

RemitlyWisePayPalWorldRemitWestern Union
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Top Providers For transfers from UK to India

Based on 12,869 comparisons made by Monito users in the past 3 months.

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Best for Transfers to a Bank Account

Best of 22 providers. Compare all

Best for Transfers to Cash Pickup

  • Top provider
    Remitly Monito Score 9.1

    Cheapest

    in 53% of all comparisons

    Top rated

    in 100% of all comparisons

    Fastest

    in 53% of all comparisons

    Go to Remitly 

Best of 2 providers. Compare all

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Compare 21 providers for a 1,000 GBP transfer from UK to India

Results updated 6 days ago.

For the most up-to-date and accurate results, start a new search

  • Sponsored
    Western Union
    8.3
    Includes zero transfer fee and preferential exchange rate on your first transfer

    In minutes

    Recipient gets

    Fee Free

    Exchange rate 102.2036

    0.36% better than mid‑market rate

    102,204 INR

    101,187 INR

Compare 17 providers

Sorted by amount received

  • Best deal
    Panda Remit
    8.7
    Pay zero transfer fees and get 5 GBP off your first transfer

    In minutes

    Recipient gets

    Fee Free

    Exchange rate 102.2120

    0.37% better than mid‑market rate

    102,212 INR

    101,600 INR

  • Western Union
    8.3
    Includes zero transfer fee and preferential exchange rate on your first transfer

    In minutes

    Recipient gets

    Fee Free

    Exchange rate 102.2036

    0.36% better than mid‑market rate

    102,204 INR

    101,187 INR

  • Remitly
    9.1
    Money-back guarantee
    Includes preferential fee and/or exchange rate on your first transfer

    Same day

    Recipient gets

    Fee Free

    Exchange rate 102.1000

    0.26% better than mid‑market rate

    102,100 INR

    100,689 INR

  • Atlantic Money
    8.5
    Includes zero transfer fees on your first transfer

    1 to 2 days

    Recipient gets

    Fee Free

    Exchange rate 101.8576

    0.02% better than mid‑market rate

    101,858 INR

    101,552 INR


    Up to 1 day

    Recipient gets

    Fee 1.00 GBP

    Exchange rate 101.8576

    0.02% better than mid‑market rate

    101,756 INR

    101,450 INR

  • XE Money Transfer
    8.5
    Popular with Monito users
    Includes special offers

    In minutes

    Recipient gets

    Fee Free

    Exchange rate 101.6464

    0.19% worse than mid‑market rate

    101,646 INR

    101,538 INR

  • Instarem
    8.1

    In minutes

    Recipient gets

    Fee Free

    Exchange rate 101.3109

    0.52% worse than mid‑market rate

    101,311 INR

  • Profee
    8.6

    2 to 3 days

    Recipient gets

    Fee Free

    Exchange rate 101.3075

    0.52% worse than mid‑market rate

    101,307 INR

  • Skrill
    8.3
    5 GBP off your first transfer

    Up to 1 day

    Recipient gets

    Fee Free

    Exchange rate 101.2814

    0.55% worse than mid‑market rate

    101,281 INR

  • Wise
    9.5
    Over 120,000 five-star reviews on Trustpilot

    In minutes

    Recipient gets

    Fee 5.75 GBP

    Exchange rate 101.8570

    0.02% better than mid‑market rate

    101,271 INR

  • CurrencyFair
    8.4

    1 to 2 days

    Recipient gets

    Fee 1.19 GBP

    Exchange rate 101.1190

    0.71% worse than mid‑market rate

    100,999 INR

  • Xendpay
    6.9

    3 days

    Recipient gets

    Fee 3.50 GBP

    Exchange rate 101.1926

    0.63% worse than mid‑market rate

    100,838 INR


    2 days

    Recipient gets

    Fee 22.49 GBP

    Exchange rate 101.1926

    0.63% worse than mid‑market rate

    98,916 INR

  • State Bank of India
    ?
    Not recommended Consistently poor exchange rates, high fees and low customer satisfaction.

    Next day

    Recipient gets

    Fee 5.00 GBP

    Exchange rate 101.1764

    0.65% worse than mid‑market rate

    100,670 INR

    Details
  • WorldRemit
    8.0

    Same day

    Recipient gets

    Fee 1.99 GBP

    Exchange rate 100.7276

    1.09% worse than mid‑market rate

    100,527 INR

  • HSBC
    ?
    Not recommended Consistently poor exchange rates, high fees and low customer satisfaction.

    Next day

    Recipient gets

    Fee 21.36 GBP

    Exchange rate 98.2740

    3.5% worse than mid‑market rate

    96,175 INR

    Estimated

    Details
  • Barclays
    ?
    Not recommended Consistently poor exchange rates, high fees and low customer satisfaction.

    3 to 4 days

    Recipient gets

    Fee 31.36 GBP

    Exchange rate 99.0683

    2.72% worse than mid‑market rate

    95,961 INR

    Estimated

    Details
  • RBS
    ?
    Not recommended Consistently poor exchange rates, high fees and low customer satisfaction.

    3 to 5 days

    Recipient gets

    Fee 38.36 GBP

    Exchange rate 99.5600

    2.24% worse than mid‑market rate

    95,741 INR

    Estimated

    Details
  • Halifax
    ?
    Not recommended Consistently poor exchange rates, high fees and low customer satisfaction.

    1 to 4 days

    Recipient gets

    Fee 25.86 GBP

    Exchange rate 98.1423

    3.63% worse than mid‑market rate

    95,604 INR

    Estimated

    Details

We source transfer fees, rates and other data from money transfer providers in different ways - in most cases in real time. We constantly monitor the quality of our comparison data, but we cannot guarantee its accuracy.

Want to send money to UK from India instead?

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  • $80M+ in transfer fees saved

  • 200+ providers compared

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Monito's Recommendations for Sending Money from UK to India

Affiliate disclosure

Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best-suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from UK to India:

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Best Ways to Send Money from UK to India

About Money Transfers from UK to India

Monito compares 23 providers offering international money transfer services from UK to India. The total cost of the cheapest available option at any given point in the past month was -0.3% of the transferred amount. In comparison, the total cost of the most expensive provider was on average 11.7%.

💸 Number of providers

23

🏆 Most often cheapest provider
💰 Average Lowest Total Cost

-0.3%

💰 Highest Total Cost

11.7%

👍 Recommended Providers

Remitly, CurrencyFair, Profee, Wise, Revolut, Atlantic Money, Paysend, Moneycorp, Xendpay, Skrill, Instarem, WorldRemit, Panda Remit, OFX, XE Money Transfer, Currency Solutions, OrbitRemit

⚡ ️Fastest Transfer Time

In minutes

💳 Pay-in Options

Bank transfer, Cash, Credit card, Debit card, Direct bank payment

💵 Pay-out Options

Cash pickup, Bank account, Mobile wallet, Card, Bank account (via international transfer)

💸 Most transferred amount

1000 GBP

Best ways to send money to India from the UK compared on Monito.com

How to Transfer Money From the UK to India

For millions of NRIs, keeping currency exchange fees as low as possible is a top priority when they look to send money from the UK to India. The good news is this is easy to do through Monito's comparison tools and handy how-to guides. You'll be able to see which options are available to you and take advantage of the quickest, simplest and most secure ways to transfer money from the UK to India.

When comparing your options, you must assess precisely which transfer method best matches your needs. For example, wire transfers with traditional banks can be slow and expensive, while other options might not offer the best fees, exchange rates, or fastest transfer speeds.

If you're feeling a little overwhelmed about the choices available, look at the overview below to learn more about how to send money from the UK to India through bank deposits and cash pickups.

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Living in India?

If you are living in India and want to receive money cheaply from your friends and loved ones abroad, then take a look at our in-depth guide here.

Bank Transfers From the UK to India

One of the most popular ways to send money to India from the UK is to carry out a wire transfer from your bank account in the UK to an account in India. Wire transfers take place over the SWIFT network, an international funds transfer protocol allowing banks worldwide to exchange money with one another. You can read more about wire transfers in our guide

But while many high street banks prefer this method, the major drawback is that the SWIFT network charges banks to use it. Much of this cost is then passed on to the customer, making wire transfers rather expensive. On top of this, they can also be very slow.

For this reason, you may prefer to carry out an ordinary bank transfer to an international money transfer specialist's local bank account. These services are much faster but just as secure as the banks. Moreover, the overall cost is significantly reduced because they don't rely on the SWIFT network. 

Sending Very Large Bank Transfers from the UK to India

Should you wish to send a substantial sum of money, say more than £50,000, from the UK to an Indian bank account, you will generally be better off using a foreign exchange broker. 

Foreign exchange brokers offer similar services to your standard money transfer and remittance services, but they specialise in large transfers and can negotiate more competitive exchange rates on behalf of the client.

Taxation When Sending Money to India From the UK

While sending money to India from the UK, one of the key things to consider is taxes. The best and tax-free way to do a bank transfer to India is to send the money to an NRE (Non-Resident External) account, an account used to deposit income earned outside India. Indian banks like Canara Bank and HDFC Bank offer one of the highest interest rates on NRE savings accounts.

There is a wide range of international money transfer services that you can choose from to get your money across to an NRE account. Monito’s comparison tool comparing the best services for transferring funds to a bank account in India will make this task much easier, which shows you the best and cheapest services in real time. What’s even better is once you have chosen your best-suited bank transfer service, you can go straight to the transfer option on the service website through the tool, saving you time.

Cash Pickup Transfers from the UK to India

Another option worth considering when sending money from the UK to India is a cash pickup. These services allow the transfer recipient to collect their funds in cash from a physical location in India rather than having them deposited electronically into their bank account. 

We recommend using our comparison engine every time you transfer money from the UK to India to ensure you always get the best possible deal. This applies no matter how much or how little you want to send or which receiving method you choose. By doing so, you'll be able to determine which services are the quickest, most reliable, and cheapest:

Compare transfers to India

What’s the Best Way To Send Money to India From the UK?

The ‘best’ way to send money to India from the UK will depend on whether speed, security or cost is most important to you – or whether it’s a combination of all three. 

When it comes to security, you can rest assured that all services shown on Monito are fully authorised money transfer operators that have been vetted against the highest standards of security and reputability even before appearing on our comparison engine. 

Just remember that while all services are equally secure on Monito, they won’t all be as cheap or as fast as each other when transferring money from the UK to India. 

Best-Rated Services

When comparing your options, you’ll also come across the ‘Monito score’. As part of our in-depth reviews, we weigh up factors such as trust and credibility, service and quality, fees and exchange rates, and customer satisfaction to give each service a score out of 10.

Some of the highest-scoring services include the following:

The Fastest Way to Send Money to India From the UK

Also, as they say, time is expensive. So saving time can be equally important to the sender or the recipient, especially in emergencies. Monito does not only compare the cheapest service, it also pulls out data to accurately show how soon your money will reach India.

If you’re carrying out a bank transfer from the UK to India, Panda Remit trumps in terms of speed. In fact, transferred funds will arrive in the recipient’s account in just a few minutes. Also, the amount received by the recipient will be the highest compared to other services.

Alternatively, XE and Remitly also offer some of the fastest transfers from the UK to India, with transfers being carried out in a matter of minutes or hours. Remitly is especially good if you're looking for cash pickup. It offers the speediest and cheapest services with most of the transferred amount going through the same day.

For Monito's top tips for sending money abroad quickly, check out our how-to guide here.

The Cheapest Way to Send Money to India From the UK

Let's look at the most expensive solutions: Banks, cash-based money transfers and e-wallets like Paypal are in general really expensive when you take all fees into consideration (incl. hidden currency exchange rate margin). Thankfully, there are plenty of online money transfer services with transparent & cheap fees and good exchange rates. You can compare them all and find the cheapest way to send money to India from the UK with Monito.

FAQ About Money Transfers to India From the UK

Everyone wins, except expensive solutions

With our model, the only losers are the expensive banks or providers you’ll stop using!

To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.

We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.

We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.

  • You save money on your transfer by selecting the cheapest provider.

  • The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.

  • Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.

Questions you may have

Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.

Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

Learn more about Monito
  • Monito is Trusted by 15+ Millions Users across the globe.

  • Monito's experts spend hours researching and testing services

  • Affiliate commissions we may receive never impact our independence

Mid-market exchange rate

To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.

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Affiliate Disclosure
Instead of banner ads and paywalls, Monito makes money through affiliate links to the various payment service providers featured on our website. While we work hard to scout the market for the best deals, we're unable to consider every possible product available to you. Our extensive range of trusted affiliate partners enables us to make detailed, unbiased, and solution-driven recommendations for all types of consumer questions and problems. This allows us to match our users with the right providers to suit their needs and, in doing so, match our providers with new customers, creating a win-win for everybody involved. However, while some links on Monito may indeed earn us a commission, this fact never impacts the independence and integrity of our opinions, recommendations, and evaluations.