Royal mail sending money
Royal Mail offers a range of services for sending money internationally. Here are some options:
- International Money Transfer: Royal Mail offers a money transfer service that allows you to send money to over 200 countries worldwide. You can send money online or at a post office. The service is provided by Western Union.
- MoneyGram: Royal Mail has partnered with MoneyGram to offer a money transfer service. You can send money to over 350,000 locations in more than 200 countries.
- Western Union: Royal Mail also offers Western Union's money transfer service, which allows you to send money to over 200 countries worldwide.
To send money using Royal Mail, you'll need to:
- Go to a Royal Mail post office or online
- Fill out a money transfer form
- Provide the recipient's name, address, and other required information
- Pay the transfer fee and the amount you want to send
- The money will be transferred to the recipient's account or made available for pickup at a local agent
Fees and exchange rates:
- The fees for sending money through Royal Mail vary depending on the service and the amount you're sending. You can expect to pay a transfer fee, which can range from £1 to £20 or more, depending on the service and the amount.
- The exchange rate will also affect the amount of money the recipient receives. Royal Mail uses the wholesale exchange rate, which is usually better than the rate offered by banks.
Delivery times:
- The delivery time for money transfers through Royal Mail varies depending on the service and the destination. Here are some estimated delivery times:
- Same-day delivery: Available for some services, such as Western Union's same-day service.
- Next-day delivery: Available for some services, such as Western Union's next-day service.
- 2-3 business days: Available for some services, such as International Money Transfer.
- 5-7 business days: Available for some services, such as MoneyGram.
Before sending money through Royal Mail, make sure to check the fees, exchange rates, and delivery times to ensure that the service meets your needs.