Cheapest way to transfer USD from GB to Israel [closed]

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I have a friend who owes me ~600 GB pounds.

I have asked him to pay me in USD.

What is the cheapest way to transfer the money from the UK to Israel?

1) I have checked Paypal - 3.5% commissin for transfering to Paypal. Then 2% for exchanging to NIS. + commission for withdrawing and then enother (external) commission to change back to USD.

2) I have thought about sending cash in registered mail. But I'm afraid someone will scan it and steal it. Is it lligal anhow to send money (even in small amounts, say 150 USD) in registered mail?

3) We don't have any relative who travels between these two countries.

4) WU - too expensive (5% for deposite)






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What is cheapest way to transfer money from US to Israel?

Bank transfers are usually the cheapest option when it comes to funding your international money transfer with Wise. Bank transfers can be slower than debit or credit cards, but they usually give you the best value for your money.

What is the cheapest way to make an international bank transfer?

In almost every case, the cheapest way to transfer money internationally is to use a specialist money transfer service. They provide much more competitive rates, fees, and commissions than banks or PayPal, meaning your recipient will end up with more money.

How do I transfer money from US bank to Israeli bank?

Send money from your bank account to another bank account in Israel using these steps:
  • Find the wire transfer section from the website of your financial institution.
  • Check any transfer limits there might be.
  • Enter the recipient's bank details.
  • Enter the amount and choose the currency you want to send your money.


  • How can I send money internationally without a fee?

    Transferwise Transferwise is one of the cheapest ways to send money internationally. Transferwise believes in fair fees and doesn't charge markups. You'll pay the same exchange rate you'd pay without a service.



    Cheaper Ways to Transfer Money Overseas




    Sources: Stack Exchange - This article follows the attribution requirements of Stack Exchange and is licensed under CC BY-SA 3.0.

    Images: Karolina Grabowska, Samson Katt, Kamaji Ogino, Samson Katt