The cheapest way to send money from UK to USA is typically through an online money transfer provider. Among the 5 available options, Moneycorp was most frequently the cheapest choice, offering the best rate in the majority of recent comparisons over the past 30 days.

Cost of sending money from UK to USA:
Cheapest option: 1.0%
Most expensive option: 1.5%
(All fees and exchange rate margins included, past 30 days)

Banks are typically one of the most expensive ways to send money from UK to USA. Recent comparisons show that banks charge an average of 2.5% for a GBP–USD transfer, including hidden exchange rate markups. That's about 3× the cost of the cheapest online providers — a difference that can add up quickly. On a 20,000 GBP transfer, this represents a potential saving of around 300 GBP.

Based on recent comparisons, Moneycorp was most frequently the fastest option, with an average transfer time of 1-2 days over the past 30 days.

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