- Use promo code 3FREE to get three free transfers
- Easy to use with round-the-clock help
- Get cash to family and friends in minutes
This guide will help you get the most rupees for your pound by comparing which services you can use and showing you what you should look for when choosing one.
You can transfer money from the UK to Sri Lanka in the following ways:
There are several other options, but the above tend to be the more popular choices. Find out more about each in the table above.
It’s important you compare the features of a range of companies before deciding on the best money transfer service for you. Make sure to consider the following factors:
Below, you can see a real-time update of what the mid-market rate is for GBP/LKR as well as what it has been historically.
There are a number of options available when you need to send funds to Sri Lanka, including:
James is working in the UK and wants to send some money back home to his mom and dad. His bank doesn’t offer international transfers to Sri Lanka, so James decides to shop around for the money transfer company that offers the best deal.
|Money transfer company 1||Money transfer company 2|
|Exchange rate||1 GBP = 220.31 LKR||1 GBP = 216.55 LKR|
|Transfer method||Bank account deposit||Cash pickup|
|Processing time||2 business days||10 minutes|
|Amount received in LKR for £1,000||220,310 LKR||216,550 LKR|
While James’ parents would have to wait a little longer for the first transfer company, he thinks the extra 3,760 LKR is worth the longer processing time and higher fee on his end.
Sometimes situations arise where you need to send funds to Sri Lanka as quickly as possible. For example, your family in Sri Lanka may fall on difficult financial times or you may have a friend travelling through the region who has had their wallet stolen.
Whatever the case may be, remember to take the time to read all the fine print associated with your transaction. Familiarise yourself with the applicable exchange rate, transfer fee and the processing time offered. A little extra care now can save you a nasty surprise in the long run and will ensure that you end up with an affordable deal.
It’s important that you’re very careful when picking up a cash transfer. Take a friend with you for added safety and make sure to keep your cash hidden. Avoid any areas where muggings are prevalent and head straight to a bank to deposit all of your funds.
Make sure you take identification (passport, driver’s licence etc) with you when picking up funds. You may also need to make prior arrangements with an agent if you are picking up a large sum of cash.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.