SEND MONEY | PAKISTAN
Rates checked 13 Oct 2026, 12:43 UTC
Sending £500 to Pakistan on 13 October 2026, Moneygram pays PKR 183,936, a total cost of under 0.05% against the mid-market rate of 367.03. The most expensive of the 9 providers tracked, Nationwide, costs 5.45%, leaving the recipient PKR 10,416 less. |
KEY FACTS
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Send £500 to Pakistan: today's rates
| # | Provider | Fee | Rate | They receive | Total cost |
|---|---|---|---|---|---|
| 1 | Moneygram Transfer app | £0.00 | 367.8726 | PKR 183,936 | under 0.05% |
| 2 | Remitly Transfer app | £0.00 | 365.1704 | PKR 182,585 | 0.51% |
| 3 | Western Union Transfer app | £1.99 | 366.1292 | PKR 182,336 | 0.64% |
| 4 | Instarem Transfer app | £0.00 | 364.6496 | PKR 182,325 | 0.65% |
| 5 | Wise Transfer app | £3.67 | 367.0280 | PKR 182,167 | 0.73% |
| 6 | Xoom Transfer app | £0.00 | 359.0419 | PKR 179,521 | 2.18% |
| 7 | OFX Transfer app | £7.00 | 357.5129 | PKR 176,254 | 3.96% |
| 8 | Skrill Transfer app | £0.00 | 349.9195 | PKR 174,960 | 4.66% |
| 9 | Nationwide Bank | £15.00 | 357.7733 | PKR 173,520 | 5.45% |
Sending £500. Mid-market rate 367.0280. Total cost combines the fee and the exchange-rate markup against the mid-market rate. Quotes older than 48 hours are left out.
Send £100 to Pakistan
| # | Provider | Fee | Rate | They receive | Total cost |
|---|---|---|---|---|---|
| 1 | Instarem Transfer app | £0.00 | 364.6496 | PKR 36,465 | 0.64% |
| 2 | Moneygram Transfer app | £0.99 | 367.8726 | PKR 36,423 | 0.76% |
| 3 | Wise Transfer app | £1.33 | 367.0150 | PKR 36,213 | 1.33% |
| 4 | Remitly Transfer app | £0.99 | 365.1704 | PKR 36,156 | 1.49% |
| 5 | Xoom Transfer app | £0.00 | 358.3236 | PKR 35,832 | 2.37% |
| 6 | Western Union Transfer app | £1.99 | 365.3218 | PKR 35,805 | 2.44% |
| 7 | Skrill Transfer app | £0.00 | 349.9195 | PKR 34,992 | 4.66% |
| 8 | Nationwide Bank | £15.00 | 357.7733 | PKR 30,411 | 17.14% |
Sending £100. Mid-market rate 367.0150. Total cost combines the fee and the exchange-rate markup against the mid-market rate. Quotes older than 48 hours are left out.
Send £1,000 to Pakistan
| # | Provider | Fee | Rate | They receive | Total cost |
|---|---|---|---|---|---|
| 1 | Moneygram Transfer app | £0.00 | 367.8726 | PKR 367,873 | under 0.05% |
| 2 | Remitly Transfer app | £0.00 | 365.1704 | PKR 365,170 | 0.50% |
| 3 | Western Union Transfer app | £2.99 | 366.1292 | PKR 365,034 | 0.54% |
| 4 | Instarem Transfer app | £0.00 | 364.6496 | PKR 364,650 | 0.64% |
| 5 | Wise Transfer app | £6.60 | 367.0150 | PKR 364,593 | 0.66% |
| 6 | Xoom Transfer app | £0.00 | 359.0419 | PKR 359,042 | 2.17% |
| 7 | OFX Transfer app | £7.00 | 357.5129 | PKR 355,010 | 3.27% |
| 8 | Nationwide Bank | £15.00 | 357.7733 | PKR 352,407 | 3.98% |
| 9 | Skrill Transfer app | £0.00 | 349.9195 | PKR 349,920 | 4.66% |
Sending £1,000. Mid-market rate 367.0150. Total cost combines the fee and the exchange-rate markup against the mid-market rate. Quotes older than 48 hours are left out.
Pakistan transfer history
KT has recorded this corridor daily since 13 October 2026. A 14-day history of the best £500 transfer builds here as each day is added.
How the cost of sending money to Pakistan is worked out
The total cost of a transfer is the upfront fee plus the exchange-rate markup, which is the gap between the provider's rate and the mid-market rate. This means that a provider advertising zero fees can still be expensive if its exchange rate carries a large markup. On 13 October 2026, sending 500 pounds to Pakistan, Moneygram paid PKR 183,936, a total cost of under 0.05%. The most expensive provider tracked, Nationwide, cost 5.45%, which is PKR 10,416 less for the recipient. 9 providers with quotes collected in the last 48 hours were compared. These figures illustrate how the combination of fees and exchange-rate markup determines the overall cost. The recipient receives the converted amount after any fees are deducted, so a lower upfront fee does not necessarily mean a better deal if the exchange rate is unfavourable. Comparing the total cost, rather than just the fee, provides a clearer picture of what the recipient will actually get.
Ways to receive money in Pakistan
Payout options in Pakistan include bank accounts, cash collection and mobile wallets such as JazzCash and Easypaisa. Raast is the State Bank of Pakistan's instant payment system. The Roshan Digital Account lets non-resident Pakistanis open a bank account in Pakistan remotely. These options allow recipients to choose a method that suits their circumstances. Bank accounts and mobile wallets may offer convenience for those who have access to them, while cash collection can be useful for recipients who prefer to receive funds in person. Raast, as an instant payment system, may enable faster transfers between participating institutions. The Roshan Digital Account is designed for non-resident Pakistanis and allows them to open an account without travelling to Pakistan. The availability of these methods can depend on the provider used to send the money and the recipient's preferences. Each option has its own features, and the choice may affect how quickly the money is available and how it can be used.
Rules on the receiving side in Pakistan
Home remittances to Pakistan are regulated by the State Bank of Pakistan. The Pakistan Remittance Initiative is a joint programme of the State Bank of Pakistan, the Ministry of Finance and the Ministry of Overseas Pakistanis to promote remittances through formal channels. This initiative aims to encourage the use of regulated channels for sending money to Pakistan. The State Bank of Pakistan oversees the remittance process and sets rules for providers and recipients. These rules are intended to ensure that remittances are transferred through formal systems, which can provide greater security and transparency. The Pakistan Remittance Initiative supports this by promoting formal channels, which may include bank accounts, cash collection and mobile wallets such as JazzCash and Easypaisa. Raast, the State Bank of Pakistan's instant payment system, is also part of the formal infrastructure. The Roshan Digital Account allows non-resident Pakistanis to open a bank account in Pakistan remotely, which can facilitate receiving remittances. Compliance with these rules is required for all remittances sent to Pakistan.
UK rules for people sending money abroad
UK money transfer firms must be authorised or registered by the Financial Conduct Authority as payment institutions or e-money institutions, and the FCA register shows whether a firm is permitted. Money held by payment and e-money institutions is safeguarded, which means it is kept separate from the firm's own money; it is not covered by the Financial Services Compensation Scheme. There is no UK tax on sending your own money abroad. Gifts can count for UK inheritance tax; each person has a 3,000 pound annual gift exemption, and regular gifts made from surplus income can also be exempt. These rules apply to individuals sending money from the UK to Pakistan or any other country. Checking the FCA register can help confirm that a firm is authorised or registered. Safeguarding requirements mean that customer funds are protected in the event of a firm's failure, but the Financial Services Compensation Scheme does not apply. The tax treatment of gifts may be relevant for those sending larger sums, and the annual gift exemption and the exemption for regular gifts from surplus income are specific allowances under UK inheritance tax rules.
RELATED GUIDES |
DISCLAIMER Kael Tripton is an independent publisher. It is not a money transfer provider and does not arrange transfers. Rates are quotes collected from provider websites and can change at any time; check the final amount with the provider before you pay. Sponsored placements are labelled and never change the ranking. |
Frequently asked questions
What is the cheapest way to send money to Pakistan from the UK today?
On 13 October 2026, Moneygram paid the most for a £500 transfer: PKR 183,936, a total cost of under 0.05%. Rankings change daily, so check the table above before sending.
Why is the amount received different between providers?
Each provider sets its own fee and its own exchange rate. The gap between that rate and the mid-market rate is a hidden markup, so the amount received is the fairest way to compare.
Is a zero-fee transfer always the cheapest?
No. A provider with no fee can still cost more if its exchange rate carries a large markup. The total cost column combines both.
Is my money protected when I use a transfer app?
Payment and e-money firms must safeguard customer money, keeping it separate from their own funds. This is not the same as FSCS cover. Check that a firm is on the FCA register before sending.
Do I pay UK tax when I send money abroad?
There is no UK tax on sending your own money abroad. Large or regular gifts can matter for inheritance tax; each person has a £3,000 annual gift exemption.
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