Many UK citizens need to transfer money to France. UN data shows that, in 2019, about 177,000 people born in the UK were living in France, a figure exceeded among EU countries only by the total number of Britons living in Spain (302,000) and Ireland (293,000).
Although you can send money to France and convert pounds to euros through your high-street bank, you will probably be offered higher transfer fees, less competitive currency exchange rates and a smaller range of money-saving transfer tools than if you use an international payments specialist.
So if you plan to send a large sum of money to a French bank account or make smaller, regular payments overseas – be it for property payments, maintenance fees or to send money to loved ones – here’s how you could save valuable time and money.
What is the best way to send money to France?
For those looking to send money to France or other countries in Europe, the best service will offer the best value for money. To calculate this, you will need to consider transfer fees and exchange rates, as well as the speed, ease and convenience of the transfer service.
For many, the best way to transfer money to France is via a currency exchange specialist, which offers competitive options. The Telegraph Media Group International Money Transfer Service, provided by foreign exchange specialist Moneycorp, makes finding such a service easy.
Moneycorp is a global payments provider that facilitates money transfers to and from over 190 countries worldwide, including France. Simply register for the service and you will receive access to a multi-currency account, with which you can send money from the UK to France quickly and easily.
How to send money to France
Using an online international money transfer service is often the easiest and most affordable method for individuals to send money from the UK to France. To begin your online transfer through these services, you only need to follow a few simple steps:
- Create an account, online or over the phone.
- Deposit your funds.
- Select the desired recipient and location for your payment.
Alternatively, some services, including Moneycorp, also offer the option to transfer money over the phone.
France was the second most popular destination for TMG International Money Transfer Service Customers last year.
What details do I need?
To transfer money to France, you will need to provide your personal information plus details of the payee, including their name, residential address, account number and contact information. The recipient can be your own bank account in France or someone else’s. You will also need to state briefly the reason for the transfer.
Can I send money to France online?
Online money transfers are many people’s preferred method for sending money abroad. With the Telegraph Media Group International Money Transfer Service, you can easily make international transfers online.
Your Moneycorp online account allows you to track your payments and view live exchange rates 24/7, wherever you are in the world. You can also sign up for email alerts on market movements to help you better understand the currency market.
How can I make regular payments to France?
If you are hoping to snap up a chic Parisian apartment or a country château, you may need to make regular mortgage repayments to a French lender. Similarly, if you plan to retire to France, you may wish to transfer your UK pension payments to your French bank account.
While many services allow you to set up a regular payment to France, with the Telegraph Media Group International Money Transfer Service, the process is quick and easy. Simply log in to your Moneycorp account, select the amount and frequency – weekly, monthly or quarterly – and transfer the money from the date you choose.
Furthermore, to protect you against fluctuations in the currency market, you have the opportunity to fix the exchange rate for up to two years with a currency forward contract.*
How long does a money transfer to France from the UK take?
You can open a Moneycorp online account in just a few minutes. Once you set up your account, just add your recipient and you will be able to make an international money transfer whenever you like, as many times as you like. It is quick, hassle-free, and provides you with Moneycorp’s most competitive pounds-to-euros exchange rate.
Your money transfer should take just one to three working days to get to France from the UK or vice versa, whether it is arranged online or over the phone. Express payments often arrive on the same day.
Send money to France today
Whatever your reason for sending money to France, from buying property overseas to getting married abroad, finding a convenient and helpful international money transfer service is important.
Telegraph Media Group has partnered with Moneycorp to offer readers a specialist alternative to high-street banks. With more than 40 years of experience, competitive exchange rates and zero transfer fees for Telegraph readers, Moneycorp can help you set up an account in minutes, make payments in more than 120 currencies and save time and money on your international transfers. As a Moneycorp customer, you can also enjoy award-winning service tailored to your personal needs, as well as 24/7 online access and fast payments.
Read more:
*Forward contracts may require a deposit
Be aware of currency risk.
None of the information contained in this article constitutes, nor should be construed as financial advice. TTT Moneycorp Limited (company number 738837) is registered in England. Its registered office is at Floor 5, Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ. Moneycorp is a trading name of TTT Moneycorp Limited, which is authorised and regulated by the Financial Conduct Authority for the provision of payment services (firm reference number 308919). Date of approval 12/06/2023
Information correct at date of publication.
The above article was created for Telegraph Financial Solutions, a member of Telegraph Media Group. For more information on Telegraph Financial Solutions click here.
