showing 1-10 results for amount of '500.00 GBP' to 'USD'
last updated on June 8, 2018, 8:48 p.m.

TransferWise

(5 reviews)

Fee :   2.50 GBP
Exchange rate:   1.341
Total cost:   2.50 GBP
(0.0% vs mid-market exchange rate (1.341)]

Total Amount received
666.99  USD

Fee :   0.00 GBP
Exchange rate:   1.329
Total cost:   4.51 GBP
( +0.9% vs mid-market exchange rate (1.341)]

Total Amount received
664.30  USD

CurrencyFair

(3 reviews)

Fee :   2.98 GBP
Exchange rate:   1.335
Total cost:   5.20 GBP
( +0.5% vs mid-market exchange rate (1.341)]

Total Amount received
663.37  USD

Fee :   0.99 GBP
Exchange rate:   1.320
Total cost:   8.51 GBP
( +1.5% vs mid-market exchange rate (1.341)]

Total Amount received
658.94  USD

Fee :   2.99 GBP
Exchange rate:   1.325
Total cost:   8.81 GBP
( +1.2% vs mid-market exchange rate (1.341)]

Total Amount received
658.54  USD

Guide to sending money to the USA

The USA is the world’s biggest remittance sender ($56 billion sent in 2015), but also receives billions in property purchases, student loan payments, and personal transfers.

The USA is one of the easiest places to send money to, with many choices available. While a lot of banks do offer transfers that are convenient, they are almost always the most expensive option. It’s worth looking at online providers, who offer a quick service for a lot less money.

The average cost of sending money to the USA in 2015 was 6%. But for those using online options, it can be a lot cheaper - sending an average of £100 from the UK can cost just 1% if you compare options beforehand. For higher values, it’s even less!

With the UK having the 6th largest number of American ex-pats, providers have made it very easy to send money to the US. Aside from money-laundering and fraud protection, there are no restrictions to transfer.

When sending money to USA, bank deposits are usually complete within 1-2 days. Cash pickups can be completed within as little as 1 hour. Mobile top-ups are instant.

Along with your own proof of ID, you will need the following:

  • The recipient’s full name and address.
  • The recipient’s ABA Routing number or IBAN (International Bank Account Number). This is an account number used for international transfers. It should be found on paper statements or on the recipient’s online banking, or you can use this online tool.
  • The recipient’s BIC (Banking Identifier Code)/SWIFT Code.


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