Best ways to send money to Israel

We've compared the cheapest, fastest and safest ways to send money to Israel from the United Kingdom. Take a look at our comparison table and our detailed review below.

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Comparing 14 providers for your transfer of £8000 GBP to ILS

Provider
Trustpilot
Speed
Total cost
Amount received when sending £8,000
Go to provider
1 min ago
2-3days
£ 48.29GBPshow more
₪34,289.10ILS
1 min ago
1 min ago
2-3days
£ 80.81GBPshow more
₪34,151.12ILS
1 min ago
56 mins ago
1-3days
£ 99.06GBPshow more
₪34,074.00ILS
56 mins ago
yesterday
Varies
£ 153.15GBPshow more
₪33,848.11ILS
yesterday
34 mins ago
1days
£ 171.13GBPshow more
₪33,773.60ILS
34 mins ago
1 min ago
0-2days
£ 176.56GBPshow more
₪33,751.20ILS
1 min ago
44 mins ago
1-3days
£ 207.88GBPshow more
₪33,622.40ILS
44 mins ago
3 days ago
Varies
£ 214.10GBPshow more
₪33,595.32ILS
3 days ago
33 mins ago
Varies
£ 214.72GBPshow more
₪33,594.41ILS
33 mins ago
33 mins ago
Varies
£ 214.72GBPshow more
₪33,594.41ILS
33 mins ago
yesterday
Varies
£ 225.21GBPshow more
₪33,551.55ILS
yesterday
1 min ago
2days
£ 290.16GBPshow more
₪33,288.72ILS
1 min ago
31 mins ago
Varies
£ 390.65GBPshow more
₪32,889.45ILS
31 mins ago

How we found the best ways to send money


Our database includes 27 secure providers. For your specific transfer of £8000 from GBP to ILS, we found 14 providers that support this route and for the amount you want to send. We sort these by the cheapest total cost, displaying the freshest data available, whether via direct feed or manual collection. This process is never influenced by referral fees, ensuring you get a fair and transparent comparison every time. Learn more

Quick Verdict: The best ways to send money to Israel

CategoryWinnerKey Stats
💰Cheapest CostWiseTotal Fees:
£41.13
📈Best Exchange RateWiseRate:
4.3120
Fastest TransferWiseTime:
Instant-2 Days
Customer FavouriteTorFXTrustScore:
4.9/5

You can send money to Israel with a bank, or you can choose a specialist transfer provider. Often, these providers offer a faster, more efficient, and cheaper way to send money from the United Kingdom to Israel.

How to Send Money to Israel: Step-by-Step



The good news is that sending money to Israel is easier than ever. Plus you can usually do everything with your phone or laptop - with no need to stand in line at a bank or money changer’s office. Here’s how to send money to Israel in 5 simple steps:

  1. Choose a Money Transfer Service

    • Enter the amount of money you want to transfer into our comparison tool
    • Compare rates, fees, and delivery speed. You’ll see a range of options from reliable providers, so you can compare and pick the best for your specific transfer
    • Consider user reviews and security features

  2. Register with your chosen provider

    • Register with your chosen provider (e.g Wise, XE, TorFX)
    • Verify your ID if required

  3. Enter Recipient Details

    • Add the recipient’s full name and bank details or email, depending on the method

  4. Select Amount and Currency

    • Choose how much to send and the currency (e.g. GBP to ILS)
    • Review exchange rates and fees upfront

  5. Pay for Your Transfer

    • Choose from options like bank debit, credit card, apple/google pay or bank transfer (depending on what's available from the provider)
    • Get confirmation and a tracking link if available
    • Notify your recipient if needed

You can send money from the United Kingdom to Israel using your bank, a specialist money transfer service, an e-wallet, or by visiting a physical money remittance store. Each option has different pros and cons, so the best for you will depend on your specific transfer and personal requirements.

The cheapest way to send money to Israel

Of the 14 providers we found for sending money to Israel, here is how the top 5 stack up based on cost.

ProviderTotal CostExchange Rate
Wise
(Cheapest Option)
£41.134.3120
GBP to ILS
XE
(Runner Up)
£48.294.2861
GBP to ILS
TorFX
(Alternative)
£80.814.2689
GBP to ILS
CurrencyFair
(Alternative)
£99.064.2610
GBP to ILS
HSBC
(Alternative)
£153.154.2310
GBP to ILS

Why this matters

  • The Savings: Choosing Wise saves you 349.52 GBP compared to PayPal, which is the most expensive of the providers we reviewed.
  • The "Hidden" Cost: Always check the Exchange Rate + Upfront Fee. Some providers claim "zero fees" but hide costs in the rate.
  • The Interbank Rate: The current true market rate is 4.31201.
Example: Most banks add a markup (often ~3%) to the market rate.

If the real rate is 4.31201, a bank might offer you a rate of roughly 4.44137, keeping the difference for themselves.

Finding alternative ways to transfer money to Israel shouldn't be hard. Review our full list of cheap ways to send money to Israel to help you with your search.

The fastest way to send money Israel

Of the 14 providers we found for sending money to Israel from the United Kingdom, here is how the top 5 stack up based on speed.

ProviderEstimated Time
Wise
(Fastest Option)
Instant-2 Days
Remitly
(Runner Up)
0-2 Days
Xoom
(Alternative)
0-1 Days
CurrencyFair
(Alternative)
1-3 Days
OFX
(Alternative)
1-3 Days

Speed comparison: banks vs digital providers

The fastest provider for transferring money to Israel is currently Wise, taking roughly Instant-2 Days.

Why is there such a big difference in speed?

  • Banks (usually slower): Most banks use the SWIFT network. This system passes your money through several intermediaries—like taking a flight with 3 layovers. It typically takes 3-5 working days.
  • Transfer Specialists (usually faster): Companies like Wise often have their own local bank accounts in both countries. They don't "send" the money across borders; they pay out from their local reserves instantly.

If speed is your priority, avoiding traditional banks is usually the best strategy.

The best rated provider to transfer money to Israel

Of the 14 providers we found for transferring money to Israel, here is how the top 5 stack up based on user reviews from Trustpilot.

ProviderTrustScoreVolume
TorFX
(Best Rated)
4.9 / 5
(Excelent)
3501 reviews
Currencies Direct
(Runner Up)
4.8 / 5
(Excelent)
18242 reviews
Xoom
(Alternative)
4.7 / 5
(Excelent)
140763 reviews
Remitly
(Alternative)
4.6 / 5
(Excelent)
99223 reviews
HSBC
(Alternative)
4.5 / 5
(Excelent)
22142 reviews

How to read these reviews

When choosing a provider, don't just look at the score out of 5. You should also consider the Review Volume.

The "Trust Factor":

A provider like TorFX with a score of 4.9 and 3501 reviews is generally safer than a newer company with a perfect 5.0 rating but only 10 reviews.

Exchange rate trend between GBP/ILS

As with many currencies, the GBP/ILS exchange rate moves over time, due to changes in supply and demand. Exchange rate fluctuations can be caused by underlying shifts in how well the economy in the United Kingdom or Israel is doing, changes in political stability, or even simple speculation, where traders buy or sell currencies based on how they think trends are going to change.

Right now, £1 buys ₪4.31201

1 GBP = 4.31201 ILS

Loading chart data...

Conclusion

When it comes to choosing the best provider for sending money to Israel from the United Kingdom, it really depends on what your needs are.

The cheapest provider shown in our comparison table is Wise. If the transfer time is what you're interested in, then Wise is also the fastest way to transfer money to Israel. Wise can get your money to your recipient to Israel in Instant-2 Days.

If safety is what interests you the most when it comes to picking the best international money transfer provider to Israel, then all the providers we listed above are regulated by different financial institutions and should be safe to send money to Israel with.

FAQs: sending money to Israel

What details are needed to send money to Israel?
Can I send international money transfers from the United Kingdom to Israel for free?
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