Send Money by Bank Transfer Internationally

Yes, provided you use an FCA-regulated money transfer service that follows security and safeguarding rules.

They are often cheaper for larger amounts, but costs vary by provider and destination.

Most transfers take between one and five business days, depending on the provider and destination.

Some costs may be deducted by intermediary banks or included in the exchange rate. Comparing providers helps identify the total cost.

Yes, most UK bank accounts support international transfers, but fees and exchange rates may differ from specialist providers.

Limits vary by provider, destination, and regulatory requirements.

Many providers offer tracking or status updates via email or online accounts.

Yes, UK banks offer international bank transfers, but these may involve higher fees or less competitive exchange rates compared to specialist money transfer providers.

SWIFT transfers are used for international bank transfers worldwide and typically involve sending money between banks in different countries using SWIFT or BIC codes. SEPA transfers are used for euro payments within the SEPA region and are designed for faster, lower-cost transfers in euros. The type of transfer available depends on the destination country, currency, and banking system used by the provider.

If an international bank transfer is delayed or does not arrive as expected, you should first check the transfer details provided, such as the recipient’s bank information and reference numbers. Most providers offer tracking or status updates via email or online accounts. If the issue persists, contacting the provider’s support team can help identify whether the delay is due to banking checks, time zones, or intermediary processing.

There is no single bank that consistently offers the cheapest fees for international bank transfers. Costs vary depending on the destination country, currency, total amount sent, and how each bank applies transfer fees and foreign exchange rate markups. In many cases, comparing FCA-regulated money transfer providers alongside banks makes it easier to see the true cost of an international transfer and identify better-value options.