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Sending from
Send money from the United Kingdom
The UK is home to 1.8 million people of Indian origin, 1.3 million of Pakistani origin, and large communities from Bangladesh, Nigeria, and the Caribbean. The UK remittance market is one of Europe's largest.
Annual remittance outflow: $24.3 billion (2023)
Top corridors from United Kingdom
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Regulations & Compliance
FCA Regulation
All money transfer businesses in the UK must be authorised by the Financial Conduct Authority (FCA) as an authorised payment institution or registered as a small payment institution.
HMRC Reporting
Sending money abroad for personal reasons is generally not taxable. However, sending money from business accounts may have VAT or corporation tax implications.