4.3/5 from 244,826 reviews

What is the cheapest way to send money abroad?

Create a free account today and start saving on your money transfers.

Over 12.8 million customers

Read on Trustpilot

FCA regulated

Learn more

Rate guaranteed (63h)

You send exactly

Recipient gets

Paying with

Bank transfer

Bank transfer fee

0 EUR
Our fee

210.67 EUR

Total included fees (0.70%)

210.67 EUR

You could save up to 724.83 EUR

Should arrive by Thursday 2025

Find the cheapest international money transfer

The cost of your transfer comes from the fee and the exchange rate. Many high street banks offer “no fee”, while hiding a markup in the exchange rate, making you pay more.

At Wise, we’ll never do that. We only use the mid-market exchange rate, and show our fees upfront. This table compares the fees you’d really pay when sending money with the most popular banks and providers, or with us.

How do we select providers and collect this data?

Sending 1,000 GBP with	Recipient gets(Total after fees)
	1,201.22 EUR
Transfer fee 3.88 GBP Exchange rate(1 GBP EUR) 1.20590 Exchange rate markup 938.33 GBP Cost of transfer 942.21 GBP

	1,178.11 EUR- 23.11 EUR
Transfer fee 0 GBP Exchange rate(1 GBP EUR) 1.17811 Exchange rate markup 939.75 GBP Cost of transfer 939.75 GBP

	1,172.89 EUR- 28.33 EUR
Transfer fee 0 GBP Exchange rate(1 GBP EUR) 1.17289 Exchange rate markup 940.02 GBP Cost of transfer 940.02 GBP

	1,163.13 EUR- 38.09 EUR
Transfer fee 0 GBP Exchange rate(1 GBP EUR) 1.16313 Exchange rate markup 940.52 GBP Cost of transfer 940.52 GBP

	1,151.50 EUR- 49.72 EUR
Transfer fee 2.99 GBP Exchange rate(1 GBP EUR) 1.15495 Exchange rate markup 940.93 GBP Cost of transfer 943.92 GBP

Show more providers

See why customers choose Wise for their international money transfers

It’s your money. You can trust us to get it where it needs to be, but don’t take our word for it.
Read our reviews at Trustpilot.com.

Wise is the best banks app

Christopher Hanson

Convenience and security. The option to choose between different transfer options at different price points.

Alicia Laurence Pugh

The best bank

Hicham Noui

Reviews from:

Best ways to send money internationally

Bank Transfer
Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money. Read more how to use bank transfers as a payment option.

How to send a cheap money transfer in 3 easy steps

Choose your payment method

Funding your money transfer with a bank transfer is usually the cheapest way to send money abroad.

Get the cheapest rate possible.

Wise always gives you the real and fair mid-market exchange rate. If the rate is not good right now, sign up for Rate alerts to receive an email notification when the rate changes.

Send EUR, receive ZAR.

The recipient gets money in their currency directly to their bank account.

Create free account now

Things to consider to find a truly cheap way to send money abroad

Fees
Many businesses state low fees or even offer consumers fee-free transfers, but most of the expense of sending money abroad is hidden. The bulk of consumer costs can be concealed in poor exchange rates.
Exchange rates
A quick Google search will show you an exchange rate. But if you compare it to the exchange rate offered by banks and traditional money transfer services, you’ll find their rate is often much worse.
Transfer time
Traditional banks and international money remittances often take several working days. Wise is often much faster: a lot of transfers are completed within 1 business day. Many of our transfers are even instant.

Protecting you and your money

Safeguarded with leading banks

We hold your money with established financial institutions, so it's separate from our own accounts and in our normal course of business not accessible to our partners. Read more here.

Extra-secure transactions

We use 2-factor authentication to protect your account and transactions. That means you — and only you — can get to your money.

Data protection

We’re committed to keeping your personal data safe, and we’re transparent in how we collect, process, and store it.

Dedicated anti-fraud team

We work round the clock to keep your account and money protected from even the most sophisticated fraud.

Online scams are on the rise. Learn how to stay safe.

Sending money is cheap with the Wise app

Looking for an app to send money with low fees? Sending money is easy with Wise app.

Cheaper transfers abroad - free from hidden fees and exchange rate markups.
Check exchange rates - see on the app how exchange rates have changed over time.
Repeat your previous transfers - save the details, and make your monthly payments easier.

Learn more about the Wise app