Compare Your Options When Sending Money Abroad to United States

Information verified correct on December 7th, 2016

united-states

Compare quotes from these providers before you send money to the United States.

Nearly every international money transfer company operating in the UK will let you send money to the United States. You can even send money right from your bank account. The key questions are how do you want to send the money, how quickly and how much do you want to pay. Different international money transfer companies offer different minimum transfers and ways to pay and collect. Take a second to compare quotes from the big and small foreign exchange providers so your money can go further across the North Atlantic.

Compare International Money Transfers

Rates last updated December 7th, 2016
Description Min. Transfer Amount Transfer Speed Services Online Transfer Fee Rate Amount Received
Exclusive: CurrencyFair International Money Transfers
Exclusive: CurrencyFair International Money Transfers
Exclusive offer: 3 Free transfers (after your first transfer)
A peer-to-peer transfer service with a large range of currencies on offer.
GBP 2.50 2 days Online Go to site More
TorFX International Money Transfers
TorFX International Money Transfers
TorFX guarantee to beat any competitor's exchange rate for a transaction. Conditions apply GBP 50 1 day Online, Phone, Agent Go to site More
FC Exchange International Money Transfers
FC Exchange International Money Transfers
No transfer fee via online, branch or phone. GBP 3,000 1 day Online, Phone, Bank Account to Bank Account Go to site More
Moneycorp International Money Transfers
Moneycorp International Money Transfers
The longest standing and largest full service specialist currency provider in the UK. GBP 50 1 day Online, Phone, Bank Account to Bank Account Go to site More
Currencies Direct
Currencies Direct
$0 online transfer fee that you can access 24/7. GBP 100 2 days Online, Phone Go to site More
Western Union International Money Transfers
Western Union International Money Transfers
Send money online to friends and family around the world with Western Union. GBP 1 Same day Online, Phone, Agent, Bank Account to Bank Account, Cash Transfer, International Money Order Go to site More
World First Foreign Exchange
World First Foreign Exchange
Open bank accounts in the UK, US, Canada and Eurozone and sell on more marketplaces while reducing the cost of repatriating earnings. Buy goods from China and sell them in the USA. AUD 250 2 days Online, Phone, Agent Go to site More
Currency Solutions
Currency Solutions
Send money overseas for a range of reasons, including regular payments and buying overseas property. 97% Trustpilot score. AUD 3,000 2 days Online, Phone, Bank Account to Bank Account Go to site More

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Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options. Our foreign exchange experts offer a best rate guarantee, are ASIC authorised and never charge transfer fees.

They can help you with all your needs including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting

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Bank versus money transfer company

It’s possible to send money directly from your bank account, but as always, it pays to shop around. Companies like TorFX, MoneyGram and Western Union can offer a better deal than the banks. There are some exceptions. For example, HSBC offer free international transfers between HSBC accounts in the UK and the USA.

HSBC UKMoneyGram
Exchange rate1 GBP = 1.368130 USD1 GBP = 1.4253
Transfer fee£0£46.00
Amount received for £1,000 (in USD)$1,368.10 USD$1,425.30 USD
Transfer time4 – 6 business days10 minutes
Transfer optionsBank account depositCash collection
Difference of+ $57.2USD

*This information is provided when you request the transfer from the online banking facility.

How do I compare transfer companies when transferring money to the United States?

Look at the net transfer amount when you compare quotes to send money to the United States. Most providers let you get a obligation free quote so you can shop around to find yourself the best deal. Also consider how you can pay and whether you can contact the provider if you have questions about sending money overseas.

  • Exchange rates. What rate does the international money transfer provider offer when exchanging Pounds Sterling to United States Dollars.
  • Fees. What upfront fees must you pay to send money to the United States. Some companies offer fee-free transfers only to include a higher exchange rate margin.
  • Transfer methods. How can you pay for your money transfer. Some providers let you pay cash in person while others only accept card payments.
  • Pickup options. How can the recipient collect the funds once the transfer has been paid for and processed.
  • Transfer time. This largely depends on how you pay for the money transfer to the U.S, different transfer methods have different processing times.
  • Minimum transfers. What’s the minimum amount you can send to North America. International money transfer fees can make one company more cost effective than another when you send a small amount of money.
  • Bank partners. Providers like Citibank and HSBC offer free international transfers between accounts in the UK and the United States. Lloyds Bank also offer free international transfers to some customers.
  • Service and support. What is the company’s refund policy and does the provider have a UK based customer support team.
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How do I send money to the United States from the UK?

You can easily send money to the United States from your UK bank account or you can use the services of a specialist international money transfer provider. Dedicated foreign exchange providers are made up of popular brands such as Western Union and MoneyGram.

  • Bank transfers. Send money directly from your bank account using your financial institution’s online banking platform or initiate a transfer within a branch. International financial institutions such as HSBC and Citibank can offer free transfers between international accounts.
  • Foreign exchange providers.
    • Western Union,
    • MoneyGram,
    • TorFX,
    • Travelex,
    • WorldFirst, and
    • OrbitRemit.

These companies can offer cash collection at hundreds of thousands of agents across the globe as well as direct deposits to a bank account. Pounds Sterling and United States Dollars are a major currency pair and transfers between these two currencies are offered by almost all foreign exchange providers.

How do I receive money from the United States in the UK?

Different international money transfer service offer different funds collection options.

  • Bank transfers. The funds must be sent to a bank account in the United Kingdom. You’ll need your bank account number, sort code, IBAN and BIC.
  • Foreign exchange providers. Western Union, Travelex and MoneyGram have a large number of international agents, funds can be collected at cash from thousands of agents in the UK. PayPal transfers require both the sender and receiver to have an active PayPal account.
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Emergency cash transfers to the U.K

Some international transfer companies can make funds available to collect in just minutes. You have these options for sending emergency cash to the United States.

  • Cash pickup using a international money transfer service. Pay using cash at some international money transfer companies and the funds can be made available to collect in the United States in just minutes.
  • Emergency cash. Card scheme providers such as Visa, MasterCard and American Express can issue emergency cash. Request cash over the phone and it can be available to collect in under an hour.
  • Travel insurance. Some international travel insurance policies include an emergency cash benefit for some events.
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Cash pickup locations in the United States / Western Union / MoneyGram branches in the United States

Western Union and MoneyGram have hundreds and thousands of places to collect cash. You can see below the type of business that act as a Western Union or MoneyGram agent. Although transfers using Western Union and MoneyGram are anonymous, they are also secure. The recipient must show identification to collect cash and the agent may also ask for the reference number too.

Western Union

New York

  • Travelex Currency
    30 Vesey St New York, NY 10007-2914
    Open Monday to Sunday 7.00AM to 9.00PM.
    212-227-8156
  • Manhattan Chinatown Pharmacy
    156 Canal St, New York, NY 10013
    Open Monday to Sunday 9.00AM to 7.30PM.
    212-233-2833

Los Angeles

    • Continental Currency
      400 S Broadway, Los Angeles, CA 90013
      Open Monday to Friday 8.00AM to 8.00PM / Saturday 8.00AM to 7.00PM / Sunday 9.00AM to 5.00PM
      213-623-9852
  • Sam’s Corner Liquor
    2001 W 6th Street, Los Angeles, CA 90057
    Open Monday to Sunday 6.00AM to 8.00PM.
    213-483-8753

MoneyGram

Chicago

    • 7-ELEVEN
      125 S Clark ST A-3 Chicago, IL 60603
      Open Monday to Sunday 12.00AM to 11.59PM
      (312) 332-8511
    • Wal-Mart
      570 W Monroe Street, Chicago, IL 60661-3618
      Open Monday to Sunday 12.00AM to 11.59PM.
      (312) 470-1460

San Francisco

  • G & H Liquors and & Grocery
    201 Jones Street, San francisco, CA 94102-2608
    Monday to Sunday 7.00AM to 11.00PM.
    (415) 776-9285
  • SF Union Post
    5432 Geary Blvd. San Francisco, CA 94121
    Open Monday to Sunday 7.00AM to 10.00PM
    (415) 831-9261
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Tips for picking up cash in the United States

Common money-sense is required any time you handle large amounts of money. Gov.uk states to take sensible precautions to protect against petty crime in the United States. Exercise the same amount of caution as at home.

What are the steps to send money to the United States?

The process to send money to the U.S may vary depending on the company or service you choose to use. Most providers require you to create an account, which means you’ll need access to your email.

The following information is also required.

  • Sender information. Name, date of birth, address and email. Card details are also required if you’re paying with a Visa or a MasterCard.
  • Receiver information. Name and country.
  • Reference code. An extra security measure, this is a special short message or unique code generated at the time of transfer. The recipient quotes this information when they’re collecting the cash.

After accepting a quote and paying for a transfer, a reference code is usually issued by the provider so you can track the status of your international money transfer.

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