send money to the UK

UK money transfers

Send money to the UK with Currency Index - it's fast, easy and secure, and you can save up to 4% on the exchange rate alone, compared to your bank or other providers. Contact us using the form below if you would like more information on our service, or you can register with us to set up a trading facility today.

Currencies usually accepted: British Pound (GBP)

Typical money transfer time to the UK: next day, or same day

Transfer charge: FREE (next day) or same day (if sending over £30,000); or £7 (same day under £30,000)

uk bank details

UK payment instructions

Payment details needed for UK money transfers:

  • Name of Beneficiary (and address if you have it)
  • IBAN (International Bank Account Number) for non-GBP payments, or bank account number for GBP payments
  • BIC (Bank Identifier Code) or SWIFT code for non-GBP payments, or sort code for GBP payments

The IBAN includes various codes, like your branch and account numbers, and is the standard system for sending cross-border payments across Europe.  UK IBANs have 22 characters, starting with 'GB' followed by 20 characters, and can usually be found on your bank statement or other paperwork, along with your BIC or SWIFT code.

If you are paying a third party (eg, lawyer, supplier, other individual) you can forward on the invoice or paperwork you have been sent, and the payments team at Currency Index will take care of the rest, without you needing to fill in endless forms.

Questions on sending money to the UK

How are UK IBANs made up?

A total of 26 digits, made up as follows:

GBkk bbbb ssss sscc cccc cc

GB = country code for the UK

b = bank code (letters)

s = sort code

c = account number

k = check digits

How are UK BIC / SWIFT codes made up?

8 or 11 characters, made up as follows:

BBBBGBLL or BBBBGBLLDDD

GB = country code for the UK

B = Bank Code (Only Letters)
L = Location Code (Letters & Digits)
D = Branch Code (Optional; 'XXX' for Head Office - Letters & Digits)

Can you provide proof of payment?

Yes, once we have sent payment on your behalf, we can issue an International Payment Receipt, giving proof of the transferred amount and beneficiary. This service is free for payments over £10,000, otherwise a £5 charge would apply.

Is there a minimum or maximum transfer amount?

Generally, Currency Index's service is only efficient for payments to the UK of over £1,000 equivalent. There is no maximum amount we can transfer on your behalf.

Contact us for a quote

You can use this form to request a quote for your transfer from our team. We will be in touch to discuss your requirements, during business hours (9am-5.30pm Mon-Thu & 9am-5pm Fri, UK time).

  • Find out how much you could save on your money transfer to the UK
  • FCA regulated service, established 2008
  • No commission charges - the rate you agree is the rate you get
  • We won't pass your details to anyone else

Send Money to the UK - Video Guide

If you are still using your bank to send money back to the UK, try Currency Index instead and you will see a world of difference - not only a much cheaper service with better exchange rates, but super-fast transfers, clear explanations on rates, and the knowledge that you are dealing with regulated specialists in overseas money transfers.