Send Money to Italy from the UK – Fast, Secure Transfers

You usually need the recipient’s full name, IBAN, bank name and sometimes their address. Your provider may also request your email address and phone number.

Using an online money transfer service is usually cheaper than a bank, as they offer better exchange rates and lower overall transfer costs.

Exchange rates can change multiple times per minute based on currency markets. Some providers offer a fixed rate for a short time once you start the transfer.

Yes. Limits vary by provider and account type. Many services allow transfers of £50,000 or more once identity checks are completed.

Bank transfers are usually cheaper for larger amounts. Debit cards can be faster for smaller transfers but may include extra fees.

In most cases, sending personal money transfers such as gifts, family support or savings does not trigger UK tax. However, transfers linked to property purchases, business income or inheritance may have tax or reporting implications. If you are unsure, it’s best to check HMRC guidance or seek professional advice.

Yes. Italy is part of the Single Euro Payments Area (SEPA), which allows fast and low-cost euro bank transfers. SEPA transfers usually arrive the same day or next business day and require the recipient’s IBAN.

Some people use PayPal to send money internationally, but fees and exchange rates can be higher than specialist money transfer services. Comparing providers helps ensure you get a better exchange rate and lower total transfer cost.

If the IBAN or recipient details are incorrect, the transfer may be delayed, rejected or returned. This can add extra processing time and, in some cases, additional fees. Always double-check the IBAN before confirming your transfer.

Yes. Many money transfer providers allow you to schedule recurring payments to Italian bank accounts. This is useful for rent, mortgages, pensions or ongoing family support, and can help lock in better exchange rates over time.