Looking to send money from the US to the UK? Whether you are looking to pay tuition, relocate or invest in the UK, a variety of digital options are available that make the process easier than ever.
However, before you jump in, it's important to do your research. Between hidden fees, slow transfers and poor exchange rates, it’s easy to lose more than you bargain for on international transactions. That’s why, when you are looking to send money abroad, it's a good idea to compare different providers so you can save money and secure your cash quickly.
This guide will show you the best ways to send money from the US to the UK in 2025 and how to compare providers to get the most value.
Key things to remember when transferring money to the UK
When you are comparing these different options, it’s important to remember the five most important factors that may affect your transfer.
- Exchange rates: Many providers add a markup to exchange rates, so always check the real rate (also known as the mid-market rate) to see the difference.
- Transfer fees: Some charge a flat fee, while others take a percentage of the amount sent.
- Speed: Transfers can take anywhere from minutes to several days.
- Transfer limits: Minimum/maximum amounts vary by provider.
- Regulations: The US Internal Revenue Service (IRS) monitors international wire transfers – banks and financial institutions are required to report any transaction over $10,000. For more information on this, see the IRS website.
Using a money transfer comparison tool helps you instantly spot the best deal based on your amount and destination.
What are the different options for sending money to the UK?
To send money from the US to the UK, you are likely to use one of a few main options. Let’s explore each of these in more detail below.
Online money transfer services: A number of fintech platforms specialise in international transfers and offer competitive exchange rates and low fees. Even better, you’re often able to make transfers online or via an app, saving you time on your transfer. For a full list of FX money transfer specialists that can help you with your transfer, take a look at our Money Transfer Company Reviews section.
Traditional banks: You can send money from major banks like Chase, Wells Fargo or Bank of America – but it’s rarely the smartest move. Often, these banks will send money via a network of correspondent banks, which can mean more fees and delays being added during your transfer.
Digital wallets: These can be good for small personal transfers between friends or daily, but can be more expensive for larger sums of money. Also, the recipient will often need their own account on the same platform.
How to send money from the US to the UK – step-by-step
Sending money is easy – just follow these steps below:
- Choose a provider: Compare providers based on fees and speed based on your chosen amount.
- Set up an account: This usually takes five to ten minutes – you may need to provide ID verification.
- Enter recipient details: This will usually involve the UK sort code and account number. You may also be asked to provide an International Bank Account Number (IBAN).
- Check exchange rate and rates: Always check you are getting the correct quoted amount before confirming.
- Hit send: Now you just need to wait for the money to arrive at its chosen destination – some services will allow you to track your money in real time.
Frequently asked questions
Q: How long does it take to send money from the US to the UK?
A: As fast as a few minutes, or it can take 1-3 days depending on the method.
Q: What’s the cheapest way to send money?
A: Usually online platforms such as Wise, Remilty or OFX – they offer near mid-market rates and transparent fees.
Q: Is it safe to use online money transfer services?
A: Yes, reputable providers are regulated in both the US and UK and use encryption and fraud protection.
Q: Do I need to report large transfers?
A: Transfers over $10,000 may need to be reported to the IRS. UK recipients may also need to report for tax purposes depending on the situation.
Send smarter and save more with FXcompared
Sending money internationally shouldn’t be expensive or stressful. By comparing providers and understanding the fees, you can save time, money and hassle — whether you're supporting family, paying tuition or investing abroad.
To compare money transfer services from the US to the UK in seconds, head to our US-UK money transfer comparison page.
