Introduction
Looking to send funds across the Atlantic? Whether you’re paying for services, sending money to family, or moving funds between your own accounts, knowing how to transfer money from UK to USA bank account efficiently is key.
In this guide, we break down your top options, fees, exchange rates, and timeframes for 2025.
1. Top Services to Transfer Money from UK to USA
Best Online Transfer Platforms
- Wise (formerly TransferWise)
- Low fees, real exchange rate
- Fast transfers (usually 1–2 days)
- Full transparency
- Revolut
- Great for personal transfers
- Fast delivery to US bank accounts
- In-app currency exchange
- CurrencyFair
- Peer-to-peer model
- Competitive rates and low fees
- Ideal for larger amounts
- OFX
- Fee-free transfers above a minimum amount
- Best for business or high-value transfers
- Dedicated support
- Western Union / MoneyGram
- Reliable, but often higher fees
- Instant or same-day delivery
- Available for cash pickup or bank transfer
2. What You Need to Transfer Money
Before initiating a transfer, you’ll need:
- A UK bank account or card
- The recipient’s full name
- US bank name and routing number
- Account number (ACH or wire)
- Valid ID (for first-time users)
3. Step-by-Step: How to Transfer Money from UK to USA Bank Account
Step 1: Choose Your Transfer Service
Compare fees, speed, and exchange rates.
Step 2: Create an Account
Sign up and verify your ID with your chosen provider.
Step 3: Enter the Recipient’s Details
Include name, bank name, routing number, and account number.
Step 4: Set the Amount and Currency
Enter the GBP amount to send and USD as the target currency.
Step 5: Fund Your Transfer
Use your UK debit card, credit card, or bank transfer.
Step 6: Confirm and Track
Confirm the transaction and monitor progress via app or email.
4. How Long Does It Take?
| Platform | Speed |
|---|---|
| Wise | 1–2 business days |
| Revolut | Instant–1 day |
| OFX | 1–3 business days |
| Western Union | Minutes–same day |
5. Transfer Fees & Exchange Rates
- Wise: Low fixed fees, mid-market exchange rate
- Revolut: Free transfers up to limit, then small markup
- OFX: No transfer fee above £1000, bank-beating rate
- Western Union: High fees, poor exchange rate (use only for emergencies)
Tip: Avoid UK banks for international transfers — they’re typically slower and more expensive.
6. Sending Large Amounts? Here’s What to Know
- For large transfers (over £10,000), use platforms like OFX or CurrencyFair
- Ensure FCA-authorization and data encryption
- Consider locking in rates during favorable currency movements
Conclusion
Transferring funds across borders doesn’t have to be stressful. Once you know how to transfer money from UK to USA bank account, the process is fast, safe, and cost-effective.
Compare services like Wise, Revolut, and OFX to get the best value in 2025.
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