Everyday money

Money Transfer Comparison

Compare what banks and money transfer services deliver for the same transfer, ranked by the amount that arrives, with each fee and exchange-rate markup.

Reviewed October 24, 2026 by CentExactYour currencies and amount are sent to our server to fetch prices. Shared links include inputs.

Most received for £1,000.00: Remitly

₹127,292.04

₹6,243.76 more than PayPal, which delivers the least of the 17 compared.

Your transfer

Amount you send

From

Show

Providers compared
17
Typical bank costs
₹2,820.82
9 banks, against mid-market
Typical service costs
₹615.49
8 services, against mid-market

Prices checked by Wise. An estimate, not financial advice, providers may calculate differently.

Every provider, ranked by what arrives

What £1,000.00 sent to INR delivers, ranked by the amount received
#	Provider	Fee	Rate	Markup	Recipient gets	Cost vs mid-market	Send
1	RemitlyTransfer service	£0.00	127.29	0.13%	₹127,292.04	₹106.34
2	WorldRemitTransfer service	£3.49	127.53	0.05% better	₹127,083.19	₹315.19
3	SkrillTransfer service	£0.00	127.05	0.32%	₹127,047.59	₹350.79
4	WisePartnerTransfer service · we earn a commission	£5.14	127.50	0.00%	₹126,841.67	₹556.71	Arrives in secondsSend with Wise (affiliate link, opens in a new tab)
5	Western UnionTransfer service	£1.99	126.98	0.38%	₹126,724.12	₹674.26
6	HSBCBank	£0.00	126.32	0.89%	₹126,319.62	₹1,078.76
7	State Bank of IndiaBank	£0.00	126.22	0.97%	₹126,222.27	₹1,176.11
8	XoomTransfer service	£0.00	125.93	1.20%	₹125,933.29	₹1,465.09
9	Santander UKBank	£25.00	128.09	0.50% better	₹124,888.77	₹2,509.61
10	MoneseBank	£20.00	127.16	0.23%	₹124,619.08	₹2,779.30
11	NatWestBank	£0.00	124.58	2.26%	₹124,577.56	₹2,820.82
12	RBSBank	£0.00	124.58	2.26%	₹124,577.56	₹2,820.82
13	BarclaysBank	£0.00	123.98	2.73%	₹123,984.72	₹3,413.66
14	NationwideBank	£15.00	124.64	2.22%	₹122,765.54	₹4,632.84
15	OFXTransfer service	£7.00	123.55	3.07%	₹122,687.92	₹4,710.46
16	LloydsBank	£9.50	122.88	3.60%	₹121,710.15	₹5,688.23
17	PayPalTransfer service	£2.99	121.41	4.75%	₹121,048.28	₹6,350.10

Fees, rates and markups from Wise's comparison of banks and transfer services, each checked by Wise between Oct 23, 2026, 18:36 UTC and Oct 30, 2026, 08:21 UTC. Ranked only by the amount that arrives. Wise publishes this data and pays CentExact a commission when you use its link: how we make money.

How the cost is worked out

The cost is what the recipient would get at the Open Exchange Rates mid-market rate, read Oct 30, 2026, 08:00 UTC, minus what each provider delivers: its fee and its exchange-rate margin together. The markup is Wise's own figure, how far the provider's rate sits from Wise's mid-market rate. The two rates are read at different moments, so a gap under about 0.2% can come from timing alone.

How this is calculated

For the amount and the two currencies you choose, the table lists each bank and transfer service in Wise's public comparison with its upfront fee, its exchange rate and its markup, and ranks them only by what the recipient receives. Each quote is then measured against the Open Exchange Rates mid-market rate: your amount converted at that rate, minus what the provider delivers, is its full cost in the receiving currency, fee and rate margin combined. Wise checks every provider at its own times and is also a CentExact partner, so prices can have moved and a live quote is the final word.

received(amount − fee) × rate

cost vs mid-marketamount × mid − received

amount: what you send, in the sending currency
fee: the provider's upfront fee, in the sending currency
rate: the exchange rate the provider converts at
mid: the Open Exchange Rates mid-market rate for the pair

The fee is taken off before conversion. The guide works through Lloyds, Remitly, Barclays and Wise on a recorded £1,000 transfer to India.

What this does not include

First-transfer promotions and loyalty rates that a provider offers only to some customers.
Charges the recipient's bank or a cash pickup agent takes after the money arrives.
Card or debit funding fees, which some providers add when you pay by card.
Taxes on sending money, such as the US excise tax on cash-funded transfers.
Providers Wise does not track on the route you choose.

How this calculator works

Money transfer comparison guide: fees, margins and cost. How a transfer's cost splits into an upfront fee and a margin in the rate, where the prices come from, and how to read a provider's place in the ranking.

CentExactCalculator publisher

CentExact publishes the calculation method, worked examples and available data sources. Automated checks cover reference calculations; they do not certify a result for your circumstances or imply approval by a lender or tax authority.

How we build and test our calculators

This calculator is for general information only and is not financial advice. Results are estimates based on the figures you enter and the stated formula; lenders and providers may round or calculate differently. Check any decision with the institution involved or a qualified adviser.