The best way to send money from the UK to the United States

Revolut Contributor

 · 08/23/2021  · 08/23/2021

There are an estimated 200,000 US expats in the UK. With the UK's new points-based immigration system, it will make it easier for Americans who want to move to England.

What’s the best way to send money to the United States?

When sending money to the United States, traditional banks can be expensive and slow, with high fees and transfers taking at least several days. Instead, an online money transfer provider can let you send money fast and at a low cost.

That’s where we come in! With Revolut you can send money abroad fast and at a great exchange rate. We’re committed to providing our customers with the best rates when it comes to currency exchange.

How much does it cost to send money to the United States?

We charge a fixed percentage fee of 0.3%, pegged to a minimum of £0.30 and a maximum of £5. You’ll also get the interbank exchange rate for your transaction.

How does Revolut compare against other service providers?

The table below shows how much the transaction will cost with different providers. This is accurate as of 2021, at the time of the sample.

            Revolut                       😁                        £3            
Wise 😑 £4.25
Monese 😭 £21.25
Barclays 🤬 £27.21

This comparison shows the cost of a weekday transfer for a standard Revolut user who has not exceeded their fair usage cap, as at the time of the sample. Other banks in the chain may charge fees on top of Revolut. For live rates and fees, please check our website. T&Cs apply.

Before you confirm the transfer, Revolut will tell you:

  • The amount your recipient gets
  • The exchange rate for this particular transaction
  • The amount exchanged in GBP
  • The fees charged
  • The total amount you pay
  • The estimated time it will take your money to reach the recipient

How long does a transfer to the United States usually take?

In most cases, transfers to the United States from the UK arrive within one working day.

Great! How can I send money to the United States with Revolut?

If you're already a Revolut customer, you can send money to a US bank account by adding it as a beneficiary in your Revolut app. Not a customer yet? Download the Revolut app, set up a free account, top it up via bank transfer and you're ready to start sending money home.