What is the Cheapest Way to Send Money Abroad

Margin Rate: 0.7%
Minimum Transfer: £2000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Margin Rate: 5%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Margin Rate: 5%
Minimum Transfer: £5000
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FCA Regualted: FCA Regulated
Margin Rate: 5%
Minimum Transfer: £5000
Transaction Fees: £25
FCA Regualted: FCA Regulated
Margin Rate: 5%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Margin Rate: 5%
Minimum Transfer: £5000
Transaction Fees: £25
FCA Regualted: FCA Regulated
Margin Rate: 5%
Minimum Transfer: £5000
Transaction Fees: £25
FCA Regualted: FCA Regulated
Margin Rate: 5%
Minimum Transfer: £5000
Transaction Fees: £25
FCA Regualted: FCA Regulated
Margin Rate: 0.7%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Margin Rate: 2%
Minimum Transfer: £100
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Margin Rate: 2%
Minimum Transfer: 10
Transaction Fees: 0
FCA Regualted: FCA Regulated
Margin Rate: 3%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
Margin Rate: 2%
Minimum Transfer: £5000
Transaction Fees: £0
FCA Regualted: FCA Regulated
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Sending money the cheapest way abroad

So what is the cheapest way to send money abroad? it really depends on how much you want to send? when you want to send the currency transfer and where you money is to be sent to. Taking all these factors in to consideration you can then choose from a selection of foreign exchange companies based on these parameters.

Cheapest Way to Send Money Abroad under £1000
If you need to send money abroad and the amount is under £1000, then you have two options. The first is a remittance company if you are looking to pay by cash. This is simple to do by just registering and opening an account. you will be required to provide ID. The other option is to use a currency trading platform where this can be done online and you can pay via debit card or credit card or by BASC payment.

Cheapest Way to Send Money Abroad over£5000

This is simple just don't use your bank as they will charge you a transfer fee ranging from £12 to £30. Then time based as it can take up to a week for the money to arrive. If your payment is under £20,000 then you can opt for a faster payment. Also to use the bank you need to be an existing customer so if you do not bank with the provider you have chosen they will not and can not help you. Your alternative is to use a currency trading platform where you can open an account online and make the transfer the same day.If your payment is over £5000 in most cases they will transfer for free.

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