Send money to Italy

Find the best way to transfer money from the United Kingdom to Italy.

Compare quotes for sending money to Italy

Use this table to compare quotes from transfer specialists that send money from the UK to Italy. Check out what your recipient would receive in Euros with each, then click “Go to site” when you’ve found the best one.

1 - 7 of 7
Name Product Fastest transfer Fee Key benefits Amount received
OFFER
Xe
Within minutes
From £0
Refer a friend and you'll each get a £25 Amazon voucher when they transfer over £1,000
€9,188.10
OFFER
CurrencyFair
24 hours
£2.50
New customers get unlimited fee-free transfers for their first 3 months. T&Cs apply.
€9,254.73
OFFER
Revolut
Within minutes
From £0
Sign up and get a free £10 top-up plus 1 month of Revolut Premium
€9,253.97
OFFER
TorFX
24 hours
£0
Get a £50 Amazon voucher for each friend you refer who transfers £5,000 or more
€9,177.22
OFFER
Currencies Direct
24 hours
£0
Get a £50 Amazon voucher for each friend you refer who transfers £5,000 or more
€9,193.55
Wise (TransferWise)
4 hours
£0.20
N/A
OFX
24 hours
£0
€9,237.39
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Compare up to 4 providers

Please note: You should always refer to quotes you receive from transfer services themselves directly for exact amounts as they may vary from our estimates.

Looking for the best way to send money from the United Kingdom to family, friends or businesses in Italy (or even to your own bank account)? Don’t head straight to your British bank – turn to online money transfer services instead. They nearly always offer better exchange rates and lower fees – which means for the same amount of pounds you send, the recipient will receive more euros

How to send money to Italy from the United Kingdom

Here’s our simple process for sending a money transfer to Italy as a cash pickup or bank transfer – the two options are similar:

  1. Compare your options. Use our table above to find a money transfer provider that sends GBP to Italy. Once you’ve found the best one for your requirements, click “Go to site”.
  2. Register for an account. You’ll need to give your name, address, contact details, proof of ID and method of payment.
  3. Provide recipient details. Enter your recipient’s name and contact information. If you’re sending straight to their Italian bank account, you’ll need the account number, SWIFT or IBAN plus their bank branch’s address.
  4. Enter the transfer amount. Check you’re happy with the fees, exchange rates and transfer speed, then enter the amount you wish to send. Many services give the amount of Euro your recipient should receive, so double check this.
  5. Complete your transfer. Send your money transfer to Italy. Keep any reference number safe so you can track your transfer – your recipient may need it too.

If you send to an Italian bank account, your recipient will need to wait for the funds to arrive. For a cash pick up, your Italian recipient will need to show some form of photo ID in order to pick up the funds. It’s also important that you give them the transaction reference number to streamline the process.

Case Study: Leonardo sends money to Italy

Leonardo is spending two years working in the UK for a shipping company, but he stays in regular contact with his elderly parents back home in Milan. His parents need some funds to help pay off a debt to a previous landlord, so Leonardo plans to send them £10,000 from the UK.

Rather than approach his bank, he compares two money transfer companies to see which one can save him the most money on his transaction.

Money transfer firm 1 Money transfer firm 2
Exchange rate 1 GBP = 1.14 EUR 1 GBP = 1.16 EUR
Transfer fee £1.99 £2.50
Transfer method Bank account deposit Bank account deposit
Processing time Same day Next day
Amount received 11,444.41 EUR 11,560.00 EUR

As you can see, while the transfer fee is slightly higher for the second company, it allows Leonardo to send an extra 115.60 EUR, which is transferred straight to his parents' Unicredit account.

Ways to send and receive money

Sending money to Italy

  • Bank deposit. Most major banks in the UK let you wire money to banks in Italy. However, you might get weaker exchange rates and pay higher fees all for the privilege of a slower transfer.
  • Online money transfer services. Online companies like make international money transfers to Italy easy with bank transfers or cell phone top ups often offered as easy delivery options.
  • Transfer agents across the UK. Many transfer providers have locations dotted all across the UK, making it easy for you to send money that can be easily picked up in similar agent locations in Italy.
  • Cheques and money orders. If speed is not an issue, you can always pick up an international cheque from your bank or the Royal Mail to send to Italy.

Receiving money in Italy

  • Bank deposit. If you have an Italian bank account, you can have money transferred directly into this without having to make any trips to a money transfer agent location.
  • Cash pick-up. you to collect cash, even if you don’t have a bank account in Italy.
  • Cheques and money orders. Both personal cheques and money orders can be sent directly to you where you live but these tend to be the slower options.

What documents do I need to transfer money to Italy?

To send money from the United Kingdom to Italy, you’ll need the following:

  • Photo identification. Most providers require a driver’s licence, passport or other British government-issued ID. You can send transfers without the above but may need to give alternate ID instead.
  • Payment method. Your options depend on the provider’s services. Popular methods include cash, debit or credit card payments, bank account transfers and personal cheques.
  • Recipient information. You’ll need their name (matching their ID) plus contact details. If sending to an Italian bank account, you’ll need the account number, SWIFT|IBAN and branch details.

What documents do I need to receive money in Italy?

To collect money in person in Italy, the recipient will need:

  • Transfer number. The reference number – sometimes called a PIN, MTCN or tracking number.
  • Government-issued ID. A official ID, such as an Italian passport or driving licence.
  • The transfer amount. To know how much has been sent, usually to within 10% of the total.
  • Sender information. The sender’s name and address and the country from where the money was sent.

How much does it cost to send money to Italy from the UK?

The cost of sending money to Italy from the United Kingdom depends on the exchange rate between GBP to EUR, the fees, how you want your recipient to receive your transfer and the turnaround time.

  • Exchange rates. The “mid-market” or “interbank” rate is the rate banks and transfer services use to trade between one another. It’s the best rate going, but many money transfer providers use a slightly less preferential rate and the difference covers their costs.
  • Transfer fees. Are you being charged a flat fee or a percentage of your transfer amount? For example, a provider offering to transfer your money to Italy for a flat or low fee might work out better if you plan to send a large amount.
  • Transfer speed. If you need your transfer to arrive quickly, you can often pay for a faster delivery. Companies offering instant cash pickups may charge more. If you’re not in a rush, online money transfer services can offer the best value, usually getting your money to Italy faster and cheaper than banks. Many also let you set rate targets at which a transfer can be actioned.
  • Discounts. Some providers may offer you a free transfer simply for signing up while others may offer you a discount if you transfer more than a certain amount.

Bear in mind also that each service will have its own minimum and maximum transfer amount.

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We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

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4 Responses

  1. Default Gravatar
    BreSeptember 3, 2017

    Can a non Italian visitor pick up a Moneygramm with just their passport? Or do they need additional identification to pick it up?

    • Default Gravatar
      DanielleSeptember 3, 2017

      Hi Bre,

      Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

      You’ll need the following in order to receive your money transfer from Moneygram:
      – Government-issued identification (ID) that displays your legal name
      – Reference number – request the reference number from the person who sent the money transfer

      Please note that the name on the transfer record, completed by the person sending the transfer, must exactly match the name as it appears on the official ID. And requirements vary by country so please ask your local MoneyGram agent for details about their process and procedures.

      I hope this helps.

      Cheers,
      Danielle

    • Default Gravatar
      BreSeptember 3, 2017

      How to pick up money transfers for a visitor to Italy?

      • Default Gravatar
        DanielleSeptember 3, 2017

        Hi Bre,

        Thank you for contacting finder. We are a comparison website and general information service, we’re more than happy to offer general advice.

        It would depend on how the money was transferred. Money transfer companies such as Western Union and MoneyGram let you send money to bank accounts and cash pickup locations. A list of cash pick up locations are listed on the page.

        I hope this helps.

        Cheers,
        Danielle

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