Review: GlobalWebPay money transfers

Fixed fees for international payments coupled with excellent exchange rates.

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GlobalWebPay is an online money transfer specialist offering services only in the UK. It supports international transfers 24/7, charging a fixed fee of about £4.75 per transfer. Because your money never leaves the banking systems of the most established banks in the region, your funds are safe with GlobalWebPay.

New users are limited to transfers of £500, which could be an issue if you’re looking to make bigger payments.

Product nameGlobalWebPay
Maximum transfers£500 for new users; £10,000 monthly or £2,500 daily for “global users”
Minimum transfers£15
Transfer methodsBank deposits
Scheduled paymentsNo
Delivery speedFrom 2 hours to 3 days
Banking partnerEnvoy Services Ltd
Available currenciesAll major currencies exchanged to recipient’s local currency
Transfer feeFlat £4.75
Exchange rateCalculates rate before payment, with quote good for 3 days

How are GlobalWebPay’s exchange rates?

GlobalWebPay offers better exchange rates than banks for international transfers, and you’ll learn your exact rate before paying for your transfer.

GlobalWebPay first converts your money into your recipient’s local currency to avoid fees. Use its online cost calculator to find out how much you’re required to send.

How much will I pay to send with GlobalWebPay?

This one’s easy: You’ll pay a flat £4.75 on all transfers, with no commission and no hidden fees.

Which countries can I send money to with GlobalWebPay?

GlobalWebPay sends money to an astounding 205 countries, though you’ll want to first make sure that it supports transactions between your and your recipient’s specific currencies before initiating a transfer.

What type of transfer does GlobalWebPay support?

GlobalWebPay supports online bank-to-bank transfers only, and You can fund your transfer in two ways:

  • Debit card. Enter your debit card information for immediate payment processing.
  • Bank transfer. GlobalWebPay provides the details of local banks and a reference number to make your transfer.

How do I send money through GlobalWebPay?

It’s quick and simple to send money with GlobalWebPay:

  1. Register your account. If you’re a first-time users, submit your full name, contact information, date of birth, phone number and email address. Create a password to log in to your account.
  2. Enter your recipient’s banking details. GlobalWebPay can store your recipient’s information for future transfers.
  3. Enter your transfer amount. Either specify how much you want to send in your own currency or the amount you want your recipient to get in their local currency.
  4. Pay for your transfer. Enter your debit card or bank account details.
  5. Track your transfer. Log in to your GlobalWebPay account to see the status of your transfer. You’ll also get email updates at each stage.

What to look out for

GlobalWebPay accepts transfers to and from most major currencies, but do make sure the currency you need is covered.

In most cases, funds are available the next business day, but bank holidays can result in turnaround of up to three days.

Benefits

Like many online money transfer specialists, GlobalWebPay offers fast, reliable transfers with benefits you won’t find at your local bank:

  • Low flat rate. Pay £4.95 for each transfer with no hidden fees.
  • Transparent rates. Learn exactly how much your recipient will get before initiating your transfer.
  • Secure system. GlobalWebPay works with established banks and is registered with the UK’s Financial Conduct Authority.

Drawbacks

If you live in the UK, GlobalWebPay is a solid service that processes same-day transfers as long as they’re initiated before noon GMT. That said, there’s only a few drawbacks:

  • No cash pickup. If your recipient doesn’t have a bank account, you’ll need to find another service that offers cash pickups.
  • ID required for large transfers. While smaller transfers don’t require ID, you’ll need to submit proof of government-issued ID to confirm your identity for transfers of £500 or more.

Next steps

  • Easily subsequent transfers. GlobalWebPay stores the details of your recipient for future transfers.
  • Track your transfer. Log in to your account to see the progress of your funds.

Bottom line

GlobalWebPay is a fast, secure and cheap way to send money to friends and family overseas.

Frequently asked questions

Compare GlobalWebPay to other brands

Table: sorted by a combination of service offering and the amount your recipient will receive

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 2,000 1 day GBP 0.00 1.282 USD
6,408
Get bank-beating exchange rates and no fees when you transfer with TorFX. Go to site Show details
GBP 5,000 Same day GBP 0.00 1.282 USD
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Universal Partners FX offers competitive exchange rates and same-day transfers for 100+ currencies. Go to site Show details
GBP 2,000 1 day GBP 0.00 1.282 USD
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Make transferring money abroad as simple and safe as possible with bank-beating exchange rates - online, via the app or over the phone. Go to site Show details
GBP 5,000 1 day GBP 0.00 1.287 USD
6,437
Take advantage of fee lock-ins and live bookable rates, helping you save up to 85% in hidden bank fees. Go to site Show details
GBP 2,500 Same day GBP 0.00 1.282 USD
6,408
Central FX’s dedicated private client team will guide you through the money transfer process from first call to final payment. Go to site Show details
GBP 1 Same day GBP 0.00 1.288 USD
6,439
Whatever amount you transfer, XE will not charge you a fee for using their service. Go to site Show details
GBP 3,000 1 day GBP 0.00 1.282 USD
6,408
Get no fees as a Finder customer when you transfer your money overseas with Global Reach. Show details
GBP 1 1 - 2 days GBP 1.99 1.278 USD
6,386
Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
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GBP 5 2 days EUR 3.00 1.288 USD
6,440
Special offer: Zero fees on your first 10 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
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GBP 10 Within an hour GBP 2.00 1.288 USD
6,436
First two transfers free for new customers.
Instant or 1 hour transfers to over 50 countries, send money directly to bank accounts or over 280,000 cash pickup points.
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GBP 50 Same day GBP 2.99 1.282 USD
6,404
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
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Compare up to 4 providers

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

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