{"id":55100,"date":"2017-08-31T14:55:32","date_gmt":"2017-08-31T13:55:32","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?page_id=55100"},"modified":"2026-03-05T12:44:58","modified_gmt":"2026-03-05T12:44:58","slug":"international-money-transfers-barclays","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/international-money-transfers\/international-money-transfers-barclays","title":{"rendered":"Barclays international money transfers review"},"content":{"rendered":"

Barclays offers fast and simple international payments to over 130 countries. Its online service is available 24\/7, and allows you to send up to \u00a350,000 per day via an online transfer in a matter of minutes.<\/p>

When it comes to transfer options, Barclays offers the convenience of setting up recurring payments, payments to be completed at a future date and one-off payments. Live rates are offered to registered customers and transfers tend to take 1-2 working days to arrive.<\/p>

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\n \n \n \n \n <\/svg>\n <\/span>\n Beat the banks<\/span>\n <\/h4>\n
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We’ve tested the amounts a bank will give you against an average money transfer company, and the results could net you big savings. A \u00a310,000 transfer to South Africa with a money transfer company would save R$4,905 ZAR compared to a bank.<\/p>

Why is this? Some banks charge up to \u00a325 extra, which may be shown to you as a sum of small charges made of percentages and absolute fees. On top of this, there’s a hidden charge – the margin on the exchange rate. Barclays says this is no more than 2.75% for payments of more than \u00a325,000. Money transfer companies tend to have much lower rates than banks and are generally a better option for sending money abroad. Don’t believe us? See our table below.<\/p><\/tr>
<\/th>Amount received for \u00a310,000<\/th><\/tr><\/thead>
<\/td>EUR<\/strong><\/td>USD<\/strong><\/td>ZAR<\/strong><\/td><\/tr>
Wise<\/strong><\/td>\u20ac11,462 EUR (save \u20ac277)<\/td>$13,306 USD (save $338)<\/td>$218,363 ZAR (save R$4,905)<\/td><\/tr>
Barclays<\/strong><\/td>\u20ac11,185 EUR<\/td>$12,968 USD<\/td>$213,458 ZAR<\/td><\/tr><\/tbody><\/table>

Information correct as of 05\/03\/26.\n <\/div>\n <\/div>\n<\/div>\n

Barclays exchange rates<\/h3>

Barclays offers live exchange rates that are updated from one minute to the next during trading hours, and can be viewed once logged in to online banking. This ensures that customers can receive the most up to date rate available for their transaction.<\/p>

To view Barclays’ exchange rate for your transfer destination, login to your internet banking account and enter the details of your transfer. You\u2019ll be able to review the details of your transaction, including the exchange rate that will apply, before you commit to the transfer.<\/p>

How much does it cost to transfer money with Barclays?<\/h3>

The fee that will apply to your Barclays international money transfer is calculated on the transfer method you select and where you are sending the funds.<\/p>

SEPA (Single Euro Payments Area) transfers in Euros are fee-free. Charges for Barclays International Payments vary – they can include an overseas bank fee of \u00a34 to \u00a312, a USA cover charge of \u00a33 if you’re sending USD to countries other than the US, and a fee of \u00a325 for making a payment in branch. <\/p>

For a full list of Barclays’ fees, see its A-Z list of fees<\/a>.<\/p>

Don’t forget about the margin on the exchange rate too.<\/p>

Minimum transfer amount and available countries<\/h3>

While no minimum transfer limit is listed, the following maximum limits apply:<\/p>