According to RemitRoutes data (updated 3h ago), the cheapest way to send 1,000 GBP to Europe is Kraken at 0.08% total cost. Crypto rails at 0.08% are 0.13 percentage points cheaper than the cheapest traditional option at 0.21%.
Sending $1,000 GBP. Rates measured 3h ago from live APIs · refreshed every 6 hours — never estimated.
| Provider | Type | Recipient Gets | All-In Fee | Speed |
|---|---|---|---|---|
| ✦ Kraken | Crypto | 1,180.41 EUR | 0.08% | ~5 seconds |
| Wise | Traditional | 1,178.91 EUR | 0.21% | Instant |
| Instarem | Traditional | 1,177.69 EUR | 0.31% | Unknown |
| Moneygram | Traditional | 1,170.75 EUR | 0.90% | Unknown |
| Western Union | Traditional | 1,163.51 EUR | 1.51% | 1 business day |
| Skrill | Traditional | 1,161.08 EUR | 1.72% | Unknown |
| Monese | Traditional | 1,160.1 EUR | 1.80% | Unknown |
| Remitly | Traditional | 1,159.19 EUR | 1.88% | Unknown |
| HSBC | Traditional | 1,157.67 EUR | 2.00% | Unknown |
| NatWest | Traditional | 1,157.17 EUR | 2.05% | Unknown |
| RBS | Traditional | 1,157.17 EUR | 2.05% | Unknown |
| OFX | Traditional | 1,151.96 EUR | 2.49% | Unknown |
| Barclays | Traditional | 1,151.26 EUR | 2.55% | Unknown |
| Halifax | Traditional | 1,145.13 EUR | 3.07% | Unknown |
| Santander UK | Traditional | 1,143.64 EUR | 3.19% | Unknown |
| Lloyds | Traditional | 1,141.04 EUR | 3.41% | Unknown |
| Nationwide | Traditional | 1,137.81 EUR | 3.69% | Unknown |
| Xoom | Traditional | 1,131.6 EUR | 4.21% | Unknown |
| PayPal | Traditional | 1,126.16 EUR | 4.67% | Unknown |
Updated every 6 hours from real APIs (Wise, CCXT, CoinGecko). No data is estimated or hardcoded. See methodology · Full GBP → EUR cost data
In Q3 2026, crypto rails delivered 1.18% above mid-market on average versus 1.76% all-in for traditional providers across 462 corridors — crypto was cheaper at or below mid-market in 41.8% of corridors and delivered above mid-market via P2P premium routes in a further 56.1%.
→ Cross-Border Cost Index — Q3 2026Paying a $1,000 contractor costs a median 1.16% all-in with the typical provider across 30 countries; the cheapest at-or-below-mid-market option averages 0.51%.
→ Global Contractor Payout Costs