The true cost of sending GBP to USD

Looking for a cheaper and faster way to transfer money abroad? We recommend that you consider Wise for your international money transfers. 

This page contains affiliate links and we may receive a commission if you use this product at no additional cost to you.

Sign up today and use Wise (formerly Transferwise) to send money abroad faster, cheaper and more conveniently than using the conventional banking system.

Wise is a global technology company that is building the best way to move money around the world. More than 10 million people use Wise to transfer money globally. Even large companies and banks use Wise technology too. 

Their mission is money without borders. We love it! Wise empowers people and companies – to pay, get paid, to spend, in any currency, wherever you are, whatever you are doing.

Why use Wise?

There are five major reasons to use Wise vs your bank.

  1. Cheaper
  2. Faster
  3. More Convenient
  4. Trusted
  5. Currency Coverage


A typical international wire transfer from a US bank costs $30-$45 to transfer $1,000 to the UK. A $1,000 transfer on Wise to the UK costs roughly $5.64 using their wire option.


Over 30% of transfers with Wise arrive instantly. 53% of all transfers arrive within an hour and 81% of all transfers arrive within a day.  

More convenient

Less paperwork and hassles! Just sign up with your email, get verified and initiate your transfer. You have the option of bank debit, wire transfer, debit card or credit card payment options. Bank debits & wire transfers are usually the cheapest, while card payments are in seconds but are usually more expensive. 


Wise scores a 4.6 rating on Trustpilot out of 121,722 reviews and counting.

Currency Coverage

Wise covers 1,600+ currency routes and is available in more than 70 countries worldwide.

Worried about safety?

Wise is regulated by the Financial Conduct Authority (FCA) in the UK and similar agencies in Australia, the EU, Brazil, Canada, Hong Kong, India, Indonesia, Japan, Malaysia, New Zealand, Singapore, the US & the UAE. So, you can sleep well that your money is safe.

Whether you are sending money to family back home, to your bank account in another country or even for a business, Wise is the most convenient way to send money internationally.

Join over 10 million people in saving more than £1 billion in transfer fees annually. 

This page contains affiliate links and we may receive a commission if you use this product at no additional cost to you.

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