The Best Services to Transfer Money to Portugal
List of the best services to transfer money from the UK to Portugal:
- The cheapest to a bank account: Wise
- The fastest to a debit card: PaySend
- The best with credit card payment: Wise and Western Union
- Convenient Card-to-Card: PaySend
- The easiest cash pickup: Western Union and Ria
- Special offers for first transfers: MoneyGram
With the way services and goods are now available for consumption to and from many countries, it is only natural for businesses and customers to find ways to transact online! Not only are e transfer sites easier to use, but it also offers a safe and fast way where senders can even keep track of their money! The convenience it provides can even help more businesses to flourish from one country to the next, even in countries like Portugal!
There are numerous money transfer sites available online and it may be challenging to see which ones are legitimate or not. This website will help you identify the easiest way to choose which money transfer service fits your needs best.
When you need to wire money to Portugal you may need to prepare a few things before your first transaction.
How to send money to Portugal online?
- Enter the country of departure – United Kingdom.
- Enter the country of receipt – Portugal.
- Select the departure currency - you can send money online from the UK in EUR and USD.
- Enter the transfer amount in the selected currency - for example, 2000 GBP.
- Select receipt currency - the recipient can receive money in Portugal in EUR and USD.
- Choose an appropriate option from the 9 proposed providers and follow the link to process a money transfer from the UK to Portugal.
The easy steps you can take to know how to process money to Portugal
- Know the Exchange Rates. Keep an eye on the foreign exchange rates, it is volatile and may pose great changes day after day. This will help you know the value of your money after converting it to the currency of the destination.
- Prepare Identification Documents. Any legitimate money transfer site may ask you to provide proof of identification. This can be on top of asking for your bank account or credit card details. List down the details and contact information of your recipient, too.
- Register. Once you are prepared with documents and sources of funds, you can register to your chosen site to begin the transaction.
- Monitor after Sending. Once you complete the procedure, you should receive a transaction number which you can use to track where your money went. This is another benefit of online sending money to Portugal as it can help you see if the recipient successfully receives your money.
Top 9 money transfer providers for sending money to Portugal
The following chart is a calculation of the transfer of 2000 GBP to EUR from the UK to Portugal.
Company | Rate | Fees and special offers |
---|---|---|
Wise | 1 GBP = 1.1370 EUR | Fees = 8.37 GBP |
InstaReM | 1 GBP = 1.1280 EUR | Better prices on app |
CurrencyFair | 1 GBP = 1.1252 EUR | First 10 transfers are fee-free |
PaySend | 1 GBP = 1.1228 EUR | No fees |
Xe Money Transfer | 1 GBP = 1.1226 EUR | Special rate for new customers |
Western Union | 1 GBP = 1.1177 EUR | First transfer is fee-free |
MoneyGram | 1 GBP = 1.113988 EUR | No fees |
Revolut | 1 GBP = 1.1115 EUR | No fees |
Ria | 1 GBP = 1.1106 EUR | No fees |
Which provider to use?
We found 9 providers, where you can send money to Portugal from the UK. A money transfer can be sent via Wise, InstaReM, CurrencyFair, PaySend, Xe Money Transfer, Western Union, MoneyGram, Revolut, Ria.
Money transfer providers
Reliable online remittance providers to Portugal
Here are the best providers for secure online transfers from the UK to Portugal.
![]() | Wise (formerly TransferWise) offers some great options for sending money from the UK to Portugal. |
💱 Is it cheap? | The exchange rate at Wise is 1.1370 EUR for 1 GBP. The fees and transfer speed depend on the payment option you choose and can vary. |
💲 How to pay? | The best way to pay is via Bank account, PISP or SWIFT. There is also the option of paying using Debit card or Credit card, but the fees will be higher. |
⌚ Is it fast? | The fastest way to send money is via Bank account, PISP, Debit card or Credit card. The transfer will then be processed instantly. If you use SWIFT for payment, it will take up to 2 days. |
💰 How to receive? | There is only one option available from Wise for transfers to Portugal - money can be received into a bank account. |
![]() | PaySend is popular because it keeps the transfer fee from the UK to Portugal to a minimum. |
💱 Is it cheap? | PaySend has set an advantageous exchange rate - 1 GBP equals 1.1228 EUR and allows you to make the transfer without incurring any charges. |
💲 How to pay? | The sender has the option of choosing which payment method is more convenient - Google Pay, Apple Pay or Debit card. |
⌚ Is it fast? | The transfer from the sender from the UK will reach the recipient in just minutes. |
💰 How to receive? | PaySend has several available methods of receipt - Bank account, Debit card or PaySend Link. |
![]() | Xe Money Transfer has good and reliable option to transfer money from the UK to Portugal. |
💱 Is it cheap? | XE has set a special exchange rate for new customers - 1 EUR can be exchanged for 1.1226 GBP. |
💲 How to pay? | The transfer to Portugal can be paid by Bank account. |
⌚ Is it fast? | If you pay via Bank account, the transfer will be delivered within 24 hours. |
💰 How to receive? | Using XE, the recipient will only be able to receive transfers from the UK to their own bank account. |
In addition to these providers, you can also use InstaReM, CurrencyFair, Western Union, MoneyGram, Revolut, Ria and others. You can compare the offers of each of them in order to choose the most favourable option.
How Much does it cost to wire money to Portugal?
Sending money online is perhaps the cheapest way to send money to Portugal. Transferring through banks may offer hidden charges (or more expensive up front charges). Some sites do not charge transfer fees, depending on the amount that needs to be sent. Some services ask for a minimal fee (around 0.02% or more) for their services too.
Why you should use our comparisson tool?
You can count on our comparison engines to give you more options of how you can send your money to Portugal!
- Verifiable information. All the information we provide is from firsthand sources and sites. We just make it easier for your spot the most relevant information you can use.
- Easy to Access. We made sure our interface is user-friendly. This is so you can save time from unnecessary processes and get straight to the information you came for!
- Only Trusted Sites Are Listed. We value your hard-earned money. We only include money transfer services that are legitimate and covered by law from the country where they operate. We also consider reviews from customers when listing the sites you can choose from!
FAQ
What is the best way to send money from the UK to Portugal (GBP → EUR)?
What is the fastest way to transfer money from the UK to Portugal (GBP → EUR)?
What is the cheapest way to transfer money from the US to Portugal (USD → EUR)?
How long does it take to send money from the US to Portugal (USD → EUR)?
What payment methods to use for transfers from the UK to Portugal?
How to receive money transfer from the UK in Portugal?
How to send money from the UK to Portugal for free?
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