How to send money to Puerto Rico

Compare fees and exchange rates to get the best deal on your next money transfer to Puerto Rico.


Fact checked

Sending money to Puerto Rico doesn’t need to be complicated or expensive. If you need to transfer funds to friends and family on the Island of Enchantment from the UK, you’ll want to compare your options to find the fastest services with the lowest fees available.

Read on to find out the best way for you to transfer money to Puerto Rico.

What's the official currency of Puerto Rico?

A territory of the USA, Puerto Rico uses the US dollar as its official currency.

Compare services that send money to Puerto Rico from the UK

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 5 2 days EUR 3.00 1.286 USD
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 50 Same day GBP 2.99 1.279 USD
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.

Use our comparison calculator to assess transfer fees, exchange rates and other details for sending funds to Puerto Rico. Note that WorldRemit only does mobile credit top-ups in Puerto Rico, and both MoneyGram and Western Union only send to cash pickup locations.

In an emergency situation, sending money to Puerto Rico can be expensive. Bank transfers are not ideal for emergency transfers, because of their comparatively longer processing times.

However, most independent providers allow you to send expedited payments with additional processing fees. Using a credit card can also save time, but expect higher fees with some providers for this method of payment.

What’s the difference between sending with a bank and money transfer provider?

While you could choose the convenience of walking into your local bank for a money transfer to Puerto Rico, you may pay a steep transfer fee to do so. You also may not get a very good exchange rate. Banks and most money transfer companies add on a margin to the exchange rate to cover their own fees, and this is in addition to the transfer fee. As a whole, banks tend to have a much larger margin, meaning you could be losing out.

With an online money transfer specialist, you’ll often pay a lower fee with a better exchange rate, and have more delivery options.

How to send money to Puerto Rico

Regardless of how you choose to send money to Puerto Rico, you’ll usually need to set up an account.

Most banks and money transfer providers will require your name, contact information and government-issued ID. Next, you’ll provide the recipient’s name and contact information, how much you’re sending and how the recipient will receive it. If you’re sending a bank transfer, you’ll also need to provide the recipient’s bank name, SWIFT code and account number.

Once you’ve completed your transfer, the provider will confirm your transaction with a reference number. Use this reference number to track the progress of your transfer to receipt.

How can I compare money transfer providers?

  • Fees. Fees can vary by provider, but your local banks will often charge more than you’ll pay with an independent money transfer specialist.
  • Exchange rates. The exchange rates each company quotes you may not be the same. Compare against each other to find the best one, keeping in mind the different fees as well.
  • Transfer options and speeds. Do you need to schedule your transfer online, by phone or in person? Confirm each provider’s method of payment and ask how long it will take for delivery.
  • Minimum amounts. If a provider imposes a minimum limit on transactions, make sure this limit isn’t too high for your needs.
  • Pick-up methods. Some providers allow for bank deposits only, while others may also offer the ability for your recipient to pick up your funds in cash.
  • Customer service. Confirm whether customer support is available 24/7 by phone, email or live chat, if you encounter a problem.

Tips for picking up cash in Puerto Rico

When picking up cash in Puerto Rico, take a Spanish-speaking friend with you, if you don’t know the language. Only about 20% of those living on the island speak English and you can make expensive errors simply by not speaking Spanish. Never flash your cash when travelling and avoid dark secluded areas.

Bottom line

Whatever your reason for sending to Puerto Rico, avoid unpleasant surprises like high fees by comparing your options before you get started. To get the best value for money, look at the features of competing services before selecting a company to go with.

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