Send money abroad from the UK

Grey is an international money transfer app for people in the UK who send money abroad regularly. See the live exchange rate and total fee before you confirm. Most transfers arrive within minutes. Grey is regulated by the FCA.

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Send money abroad from the UK

Grey is built for people in the UK who move money across borders regularly. Open a free account, fund via Faster Payments from your UK bank, and send to 17+ countries from your phone. The exchange rate and fee are both shown before you tap Send.

Grey is regulated by the Financial Conduct Authority (FCA) in the United Kingdom. Grey is a financial technology company, not a bank. Over 3 million people use Grey for international transfers, currency management, and everyday payments abroad.

Unlike an international wire transfer from HSBC, Barclays, Lloyds, or NatWest, which typically costs £20-40 in visible fees and takes 3-5 business days, most Grey transfers arrive within minutes. No branch visits. No SWIFT forms. No hidden FX markup.

Sign up

Open a free Grey account on your phone in under five minutes. Verify your identity with a valid UK photo ID such as a passport, BRP card, or driving licence.

Fund

Add money from your UK bank account via Faster Payments, or send directly from your existing Grey balance. Faster Payments fee: 0.8% of the deposit amount, minimum £2, capped at £10.

Send

Choose the destination country, enter your recipient's bank details or mobile wallet number, confirm the live exchange rate and fee, and send. The money typically arrives within minutes.

Grey vs your UK high-street bank

HSBC, Barclays, Lloyds, and NatWest all charge £20-40 in visible fees per international transfer. That is before the exchange rate is applied. UK bank GBP rates commonly run 2-4% below mid-market, which on a £1,000 monthly transfer costs roughly £240 a year in lost value.

On speed

Transfer GBP-to-INR directly to any Indian bank account or UPI ID. SBI, HDFC, ICICI, Axis, and all major banks supported. UPI delivery via Google Pay, PhonePe, and Paytm. Typically arrives within minutes.

On cost

Transfer GBP-to-NGN directly to any Nigerian bank account. GTBank, Access, Zenith, UBA, First Bank, and all major banks supported via NIBSS. Typically arrives within minutes.

On transparency

Grey is purpose-built for UK to Africa and Asia corridors: Nigeria, India, Ghana, Kenya, and more. Wise is strongest for broad currency coverage. Remitly offers tiered delivery and cash pickup. Western Union has the largest agent network but higher combined costs.

How much does it cost to send money abroad

Grey shows the exchange rate and fee separately before you confirm. What you see on screen is what your recipient receives. No adjustment after the fact. The Faster Payments deposit fee is 0.8% of the amount, minimum £2, capped at £10.

The only way to compare providers accurately is to look at what your recipient actually receives in their local currency, not the fee number alone. Grey shows the fee and the exchange rate separately before you tap Send. The rate shown is the rate applied. There are no adjustments after the fact.

Send money from the UK to India

Send money from the UK to Nigeria

Transfer GBP-to-NGN directly to any Nigerian bank account. GTBank, Access, Zenith, UBA, First Bank, and all major banks supported via NIBSS. Typically arrives within minutes.

Holy See (Vatican City State)

Best way to send money abroad from the UK

If total cost matters most

Compare what your recipient actually receives in their local currency, not just the advertised fee. UK banks typically charge £20-40 in visible fees alone, plus an exchange rate 2-4% below mid-market. Grey charges a conversion fee and shows it alongside the rate, so the total cost is one calculation.

If speed matters most

Grey transfers from a funded balance typically arrive within minutes. Faster Payments funding clears the same day. Wise typically takes 1-2 business days. UK bank wires (SWIFT) take 3-5 business days and cost £20-40 in visible fees alone.

If you need more than just transfers

Grey is the only provider in this comparison that also gives you a multi-currency balance to hold USD, GBP, EUR, and NGN, virtual cards for online payments, and GreyTag for free transfers to other Grey users that typically arrive within seconds. One app, more than one job.

How Grey keeps your money safe

Grey is a financial technology company, not a bank. Your transfers are protected with bank-grade encryption, and banking services are provided by licensed banking partners.

How Grey compares to other money transfer apps from the UK

If you are comparing the best international money transfer app from the UK or looking at Wise, Remitly, or Western Union, here is how Grey fits. Grey shows the live GBP exchange rate and full fee before you confirm every transfer. The rate shown is the rate applied. Grey shows the live GBP exchange rate and the full fee before you confirm. The rate shown is the rate applied.

HSBC charges £20-40 per international transfer and applies an exchange rate that is typically 2-4% above the mid-market rate. On a £500 monthly transfer, the rate markup alone costs more than £100 a year.

Similar fee structure to HSBC. Barclays and Lloyds both apply a marked-up exchange rate on top of the visible transfer fee. The total cost is higher than it appears from the fee alone.

Western Union supports GBP transfers to cash pickup in some markets but charges a higher combined fee and rate margin than Grey on most corridors. Grey delivers directly to bank accounts and mobile wallets with a transparent fee shown before you confirm.

PayPal and Xoom support GBP transfers to some markets but at higher fees and less favourable exchange rates than Grey on most corridors. Grey shows the live GBP rate and fee before every transfer.

FAQs

How do I send money abroad from the UK with Grey?

Open a free Grey account, verify your identity with a UK photo ID, fund via Faster Payments from your UK bank, and send to your recipient's bank account or mobile wallet. The rate and fee are shown before you confirm.

Which countries can I send money to from the UK with Grey?

Grey supports transfers from the UK to countries across Africa, Asia, and Latin America including Nigeria, India, Ghana, Kenya, South Africa, Egypt, Morocco, Philippines, Bangladesh, Indonesia, Malaysia, Brazil, Mexico, Tanzania, Uganda, Senegal, and Cote d'Ivoire.

What are the fees for sending money abroad from the UK?

Grey charges a conversion fee of 0.5-1% depending on the currency pair. The withdrawal fee varies by destination. The Faster Payments deposit fee is 0.8% of the deposit amount, minimum £2, capped at £10. All fees are shown before you confirm.

How long does an international money transfer take with Grey from the UK?

Transfers from a funded Grey balance typically arrive within minutes for most corridors. M-Pesa transfers to Kenya arrive in under a minute. If funding via Faster Payments, allow the same day for the deposit to clear first.

Is Grey cheaper than HSBC for sending money abroad?

In most cases, yes. HSBC typically charges £20-40 per international transfer and applies a rate 2-4% below mid-market. Grey shows the conversion fee and exchange rate separately before you confirm, so you can calculate the total cost yourself.

Is Grey regulated in the UK?

Yes. Grey is regulated by the Financial Conduct Authority (FCA) in the United Kingdom. Grey is a financial technology company, not a bank.

Does Grey support Faster Payments for UK deposits?

Yes. Fund your Grey account via Faster Payments from any UK bank. The Faster Payments deposit fee is 0.8% of the deposit amount, minimum £2, capped at £10.

What is the exchange rate Grey uses for transfers from the UK?

Grey uses a live exchange rate shown in the app before you confirm your transfer. The rate at the time of confirmation is the rate applied. Grey shows the rate and fee separately so you can calculate the total cost before sending.

How much can I send abroad from the UK with Grey?

The daily limit is $10,000 equivalent and the monthly limit is $30,000 equivalent. Per-transfer limits vary by destination and are shown in the Grey app.

Can I send money abroad from a GBP Grey balance?

Yes. You can hold GBP in your Grey balance and send internationally without waiting for a Faster Payments deposit to clear. Fund your balance in advance and transfers go out immediately.

How does Grey compare to Wise for sending money abroad from the UK?

Both show fees and exchange rates upfront. Grey typically delivers within minutes from a funded balance. Wise typically takes 1-2 business days for bank-funded transfers. Compare the recipient amount in both before committing.

Send money abroad from the UK

Send money abroad from the UK

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Grey vs your UK high-street bank

On speed

On cost

On transparency

How much does it cost to send money abroad

Best way to send money abroad from the UK

How Grey compares to other money transfer apps from the UK

FAQs

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