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Send money to the UK

Find a quick, affordable service to make a money transfer to the UK.

In this guide, we compare a variety of different methods for sending money between Hong Kong and the UK, helping you find the best value when transferring funds overseas. By using a dedicated online transfer service instead of sending the funds through your bank, you can save money on the cost of your transfer.

Send money to the UK with WorldFirst

非Finder客戶將獲得較昂貴的匯率。 Better exchange rates for Finder customers.


可用超過130種貨幣匯款。
WorldFirst sends 60+ currencies at competitive rates with no fees. If you find a better eligible quote, WorldFirst will beat it.

  • Worldwide access
  • Low exchange rates and fees
  • 24 hour online payments system
  • Fast international payments process
Promoted

Compare money transfer options between Hong Kong and the UK

Use the table below to compare transfer options between Hong Kong and the UK. Sort through products using the headings at the top of the table, and if you’d like to find out more about a product or register an account, click the “More” or “Go to Site” buttons respectively.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 60 1 day HKD 0.00 0.093 GBP
928
Skrill能令你輕鬆匯款至多個熱門目的地,可是要留意其加上的手續費。 Skrill offers easy transfers to many popular destinations, but keep an eye out for added fees. Go to site Show details
SGD 1 1 day HKD 50.00 0.093 GBP
927
你首兩次港幣$15,000或以下的匯款,手續費全免。Pay no fees on your first two transfers, up to HK$15,000.
象徵式收費以及中間價匯率,可匯款至高達30多個國家。 SingX offers the real exchange rate every time you make a transfer and can help you send money across the world.
Go to site Show details
USD 10 1 - 2 days HKD 25.00 0.092 GBP
920
新客戶可享有首三個月無限次免手續費匯款。New customers get 3 months of unlimited free transfers.
可用15+種貨幣匯款,享有超越銀行的匯率以及快速轉賬時間。 CurrencyFair has bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details
USD 10 1 - 2 days HKD 90.00 0.093 GBP
924
以透明的匯率,低收費及低最低金額的網上服務作匯款。 Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies. Go to site Show details
USD 50 1 day HKD 35.00 0.093 GBP
929
獨家優惠:使用代碼FINDER10,你的頭一次匯款即能享有$10美元折扣。Use code FINDER10 to receive US$10 off your first transaction.
InstaReM 提供簡單的匯款服務,大部分的匯款劃一收取0.5%的手續費。InstaReM offers simple transfers with a flat 0.5% transfer fee for most transfers.
Go to site Show details
USD 1 Within an hour HKD 20.00 0.093 GBP
926
使用優惠代碼FREE,你的首次匯款即可享免手續費。條款及條件適用。Use promo code FREE to send your first transfer with no fee. T&Cs apply.
提供現金提取、銀行戶口之間轉賬與及Airtime匯款選擇的網上匯款服務,。 WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
Go to site Show details
USD 2,000 1 day HKD 0.00 0.092 GBP
918
TorFX保證提供最佳的匯率。需受條款約束。TorFX guarantees to match any competitor's exchange rate.
以30種貨幣匯款到全球。登記後,將會有一個客戶經理提供支持和引導。 TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
Go to site Show details
GBP 5,000 1 - 2 days HKD 0.00 0.092 GBP
918
可匯款至20+個國家,無手續費。 CurrencyTransfer lets you shop around for the best exchange rate on its online marketplace. Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

What’s the best way to send money to the United Kingdom?

Online money transfer providers typically offer the strongest exchange rates and lowest fees on money transfers to the UK. Some offer transfers straight to UK bank accounts, while others allow the money to be picked up in British pound sterling in person. Banks, PayPal and other options are available but come with high fees, weak rates and longer turnaround times.

Digital money transfer services

Companies like InstaRem and CurrencyTransfer specialise in foreign currencies, making them some of the most cost-effective transfers. Most offer transfers directly to your recipient’s UK bank account, often in as little as a day or two.

Cash transfers

Services like MoneyGram allow you to transfer cash for pickup at a local branch in the UK — often in 15 minutes. While it’s a fast way to send money, you’ll pay for the convenience in weak exchange rates and high fees. Compare MoneyGram to digital services like WorldRemit or Western Union when possible to save money on your transfer.

Banks

British pound sterling is almost certainly carried by your bank, and although your local bank can convert your HK dollars into GBP, beware of high fees and wide margins on the exchange rate compared to digital and other options.

Let’s crunch the numbers: Sending $10,000 to the UK

Let’s say you need to send $10,000 to our northern neighbors. Here’s what you might face as far as fees and exchange rates as of 5 Jan, 2021.

Digital money transfer serviceCash transferBank transfer
Fee50.00 HKD8.00 HKD65.00 HKD + additional correspondent bank fees
Exchange rate1.00 HKD = 0.0946778 GBP1.00 HKD = 0.0940 GBP1.00 HKD = 0.09388 GBP
Transfer speedMinutesMinutes2-5 days
Amount received942.04 GBP939.60 GBP932.71 GBP
Verdict
  • Best value
  • Fastest
  • Slowest and most expensive

The bank option ends up being both the slowest and gets the smallest amount of money to your recipient. If you go with the digital money transfer service, your recipient ends up with 9.33 GBP more than the bank offers. If speed is crucial, a cash transfer can typically have your transfer to the UK in as little as 15 minutes for a slightly higher fee.

How to send money to the UK online

Sign up and send money with a digital money transfer specialist in four steps:

  1. Sign up for a free account. Pick a provider and sign up for a free online account using your contact information, proof of ID and your preferred payment method.
  2. Provide transfer details. Submit your recipient’s contact information and pick a delivery method. If you’re transferring to a bank, you’ll need your recipient’s UK bank account details.
  3. Confirm transfer details. Double-check your payment method, expected fees and destination.
  4. Save your receipt. Record your receipt’s confirmation number to track the progress of your transfer to the UK. Some money transfer providers send a text or email when your transfer is complete.

Tips for sending money to the UK

How to get the most out of your money transfer to the UK

Weigh costs and fees against convenience, and learn how to compare money transfer providers that send to the UK to meet your needs:

  • Exchange rates. The HKD-GBP relationship fluctuates often, so using a service that allows you to lock-in exchange prices may help you save money down the line if exchange rates take a turn for the worse in the future.
  • Transfer fees. Transferring money overseas nearly always requires fees, but they might be hidden in the exchange rate. When sending large amounts, it may be cheaper to pay a flat fee to secure a stronger exchange rate.
  • Transfer limits. How much you can send varies by company, and different amounts can attract higher or lower fees. Shop around for the best deal on the amount of British pound sterling you’re sending.
  • Turnaround. Transferring money through a local bank can take a business week or longer. If you need the funds delivered quickly, seek out a digital specialist that offers instant transfers to the United Kingdom.
  • Maximum limits. When exchange rates are favorable, sending more money can save you money in the future. If you plan to send large amounts of money to the UK, be sure to pick a provider that won’t limit you.
  • Transfer methods. Whether you want money sent to a UK bank account or picked up as cash at a local agent, narrow down a company that matches your preferred delivery method.

Emergency cash transfer to the UK

When it’s more important to get your money to the UK quickly, look for money transfer companies that support cash pickup in minutes. You can pay with a credit or debit card for fast pickup, but fees are higher than other methods.

How to send money to the UK without a bank account

Cash transfer services can help you if you’re unbanked or marginally banked. If you don’t have a bank account, look for a local company that supports storefronts for cash payments. These services include agent locations in other countries that allow your recipient to pick up cash without a bank account.

The United Kingdom’s exchange rates explained

The exchange rate determines how much one country’s currency is worth in another country’s currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weaker currency. The UK”s exchange rate often fluctuates when compared to the US dollar, so expect exchange rates today to be different than those you’ll see tomorrow. Factors that influence the exchange rate include interest rates, economic stability and inflation.

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Updated: 26 Oct 2021 13:25:58 UTC

Documents needed for sending to and receiving money in the UK

To send money to the UK from Hong Kong, you’ll need government-issued ID and other documents, while documents needed to pick up money in the United Kingdom may be different by company.

Documents to send money from Hong Kong

To send money from Hong Kong to the UK, you’ll need documentation and details that include:

  • Identification. Most services require a driver’s license, passport or other government-issued ID.
  • Payment method. Your service may accept credit or debit cards, cash, bank accounts or personal checks.
  • Recipient information. Submit your recipient’s name as it appears on their ID, along with their phone number, UK bank account and routing number if sending to their bank.

Documents to receive money in the UK

To pick up money in person, documentation can include:

  • Transfer number. The person sending you money can forward the transfer’s confirmation details — called a PIN, a MTCN, a reference number or a tracking number, depending on the company.
  • Government-issued ID. A official UK Identification Card or a similar government-issued ID is typically required to pick up cash.
  • Amount sent. You may need to know how much was sent, usually within 10% of the total.
  • Sender’s information. Take along your sender’s full name, the sending country and their address, if known.

What to watch out for

Most money transfers between Hong Kong and the United Kingdom shouldn’t have any specific tax obligations attached to them. However, certain laws exist in the UK that may have an effect on your transfer depending on:

  • The nationality of the receiver.
  • The residency status of the receiver.
  • The purpose of the transfer.
  • The total amount of the transfer.

Bottom line

Sending money to the UK shouldn’t cost a fortune. Compare transfer companies that specialize in foreign for the strongest rates, lowest fees and flexible delivery. For transfers to other countries, rely on our country specific guides the next time you need to make a transfer.

More guides on Finder

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