Pune What are the ways to send money from the UK to India?
From the UK you can send money to India through your bank, or an app such as Wise, Remitly or Revolut. You can also use Western Union, or stablecoins (digital dollars). You pay an app with a normal bank transfer, which is free and quick in the UK. Apps are usually much cheaper than banks. Compare them on one thing: how many rupees your family gets.
UK banks often show a small fee and an exchange rate that looks fine. But on £1,000, the worse rate alone can cost thousands of rupees. Apps compete hard to send money from the UK to India, so their prices are lower, but each one has rules worth knowing.
- YouSend from your bank
- Your bank£23–60 in fees
- Bank in the middleMay take a fee
- Indian bankRate 1.5–2.5% worse
- Family1–3 working days
- YouBank balance or USDC/USDT
- MuffinPayNo transfer fee
- The family’s bank or schoolRupees, at the Google rate
- ReceiptSent back to you
How much does it cost to send £1,000 to India?
At the Google rate (the real exchange rate, the one you see when you search on Google), £1,000 is ₹1,25,690. A normal UK bank transfer gets ₹1,15,006 to ₹1,20,914 to your family. Western Union, paid by bank transfer, gets about ₹1,25,464. Wise gets ₹1,24,848 to ₹1,25,212. Revolut can get the full amount on a weekday, within its monthly allowance.
Published prices · checked 11 November 2026
| Option | Transfer fee | Exchange rate | Your family gets | Pays an Indian bill directly |
|---|---|---|---|---|
| 1% above £1,000 a month | Not published on weekdays. 1% at weekends | ₹1,24,433–1,25,690 | No |
| None by bank transfer | About 0.18% | ₹1,25,464 | No |
| About 0.4–0.7% of the amount | None: the Google rate | ₹1,24,848–1,25,212 | No |
Banks | £23–60 in bank fees | 1.5–2.5% | ₹1,15,006–1,20,914 | No |
| None | The Google rate | ₹1,25,690 | Yes |
From the UK, every big app is much cheaper than a bank, and on a weekday the best ones come close to the Google rate. But none of them pays an Indian school or electricity company for you. They send money to a person, and that person has to pay.
Type how much you send. You will see how many rupees reach India with each option, and how many reach your family with MuffinPay, at today’s rate.
1 GBP = ₹125.69
No transfer fee. The Google rate.
These are typical published prices, so each figure is a range, not a quote. Each company’s own app shows the final amount on the day you send. MuffinPay is not open yet. Founding Families on the waitlist get this pricing when it opens in their country.
How do UK families pay school fees in India?
School fees are big amounts with fixed dates. Riya’s school in Pune wants ₹1,85,000 by the 10th. By bank transfer, that can cost up to ₹12,166 more than it should. With an app, someone in India still has to get the money and pay the school. Our guide to paying school and college fees in India from abroad shows every way, including paying the school directly.
Riya’s school fees, paid from London
Riya’s school fees in Pune are ₹1,85,000 a term. Her father pays them from London. What matters is how many pounds it takes to get exactly that amount to the school.
LondonMaharashtraTerm fees- Fees due
- ₹1,85,000
- At the Google rate
- £1,471.88
- By bank, extra cost
- £45 to £97
- Paid to the school
- Direct, with receipt
- MuffinPay
- £1,471.88
Fees paid. Thank you, Papa.Riya · Pune · 4:10 pm
Can you use stablecoins to send money from the UK?
Yes. You can send USDC or USDT from a UK wallet, and a licensed company changes it into rupees in a bank account in India. Remember that stablecoins are not money in a bank. The Financial Services Compensation Scheme does not protect them, and their value depends on the reserves held by the company that issues them.
Many British Indians who already hold stablecoins like this way. They don’t have to change them back into pounds first, so they avoid paying a bank twice. Read how sending money with stablecoins works, and whether it is safe before you start.
Questions families ask
What is the cheapest way to send money from the UK to India?
On £1,000 today, two of the big names cost the least: Revolut on a weekday within its allowance, and Western Union paid by bank transfer. Wise is close behind. A UK bank costs the most. Founding Families on MuffinPay pay no transfer fee and get the Google rate.
How long does a transfer from the UK to India take?
Apps often deliver within a few minutes to one day. Bank transfers usually take one to three working days.
Do I need to tell HMRC about money I send to India?
Usually not. Sending your own money to family is not taxed in the UK. Large gifts can matter for inheritance tax if you die within seven years of giving them. For large amounts, speak to a UK tax adviser.
Can I pay bills in India from the UK?
Yes. Some services pay companies in India directly. India’s national bill payment network has accepted bill payments from abroad since 2022, through companies that have joined it. See our guide to paying bills.
What is MuffinPay?
MuffinPay is a cross-border payments app built on stablecoins. Send money and pay bills for the people you love in another country: rent, electricity, school fees, insurance. Bills go straight to the biller, money lands in local currency, with proof.
What does a Founding Family get?
No MuffinPay transfer fee, for as long as you use MuffinPay, and the Google rate (the real exchange rate) on everything you send. Places go to the first families on the waitlist. MuffinPay opens country by country.