Compare services that send money to Peru from the UK
Table: sorted by a combination of service offering and the amount your recipient will receive
Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.
How to send money to Peru in 3 steps
Sign up for an account with a transfer provider. Registering is usually free and can be done online. You’ll need to provide your name, contact details and a valid form of photo ID.
Provide transaction information. The next step is to enter all the details of your transfer, including who you’re sending money to, where they live, how much money you’re sending and in which currency.
Complete your transaction. The last step in the process is to review the transfer details, pay for your transaction and keep hold of any receipt you are given so that you can track your transfer.
How do I compare money transfer companies when sending money to Peru?
As with any product, you’ll find the best deal by shopping around. When you’re using our table to compare, keep the following in mind:
Exchange rate and fees. Make sure you compare both. While one company might offer a great rate, it might charge higher fees. On the other hand, a company offering a poorer rate may have low or zero fees. Equally, some providers will waive fees if you’re transferring a larger amount.
Pick up methods. Some transfer companies require that you transfer funds to the recipient’s bank account. Others give recipients the option of picking up cash, which can be particularly useful if the recipient does not have a bank account.
Transfer methods. If you’re dealing with a mainstream bank you can visit a branch to transfer funds. Otherwise, depending on the service provider you choose, you can transfer funds over the phone, on an app, online, at stores or at specific kiosks.
Transfer time. If the recipient needs money in a hurry, your best bet is to look for a service that allows cash pickups because this method normally takes no more than a day. Bank account transfers can take between one and five business days.
Minimum transfer amounts. The minimum you can transfer can vary from one service provider to the next. While some may let you transfer as little as one Great Britain pound, some others have minimum limits as high as £1,000.
Customer service. If you plan on transferring money to Peru on an ongoing basis, you may want to look for a company that offers high levels of customer service, along with support via phone, chat and email.
Currencies Direct make moving money abroad simple, swift and secure.
Great rates, no fees and expert support whether you transfer online, over the phone or by app.
Available in more than 200 countries and 40 currencies
Charlie Barton is a publisher at Finder. He specialises in banking and investments products, including banking apps, current accounts, share-dealing platforms and stocks and shares ISAs. Charlie has a first-class degree from the London School of Economics, and in his spare time enjoys long walks on the beach.
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