Corridor
Sending money to India from the UK
1 GBP = 128.33 INR
What arrives in India
A transfer from the UK to India converts British pounds into Indian rupees. Two things sit between the rate above and the amount your recipient sees: the fee the service charges, and the margin it adds to the rate itself. The second is usually larger, and is often not presented as a cost at all.
Daily reference rate vs what you’ll actually get
The GBP/INR rate above is the daily reference rate published by European Central Bank euro foreign exchange reference rates on 2026-09-17. It is the reference point, not a price you can transact at.
Why the amount received is lower
- Transfer fee. A flat charge, or a percentage, taken by the sending service.
- Exchange rate markup. Most services apply a spread to the reference rate. This is usually the larger cost and is often not shown as a fee.
- Receiving method. Bank deposit, mobile wallet and cash pickup can carry different rates and charges (a bank transfer and a UPI-linked service can differ, and fees may apply at both ends).
- Timing. Reference rates are published once per working day; a transfer is priced when it is executed.
What a markup costs
Illustration only, not a quote from any provider: at a 1.5% markup with a £4.00 fee, sending £1,000 delivers about ₹1,25,902 instead of the ₹1,28,332 the daily reference rate implies — a difference of ₹2,431.
Sending money? What recipients typically get
Provider comparisons are not published for this pair yet. They appear here once a partner data feed is in place, each row carrying the fee, the rate used and the date it was last checked.
Common amounts sent from the UK
| You send | Reference value in INR | Detail |
|---|---|---|
| £100 | ₹12,833 | 100 British pounds in INR |
| £200 | ₹25,666 | 200 British pounds in INR |
| £500 | ₹64,166 | 500 British pounds in INR |
| £1,000 | ₹1,28,332 | 1k British pounds in INR |
| £2,000 | ₹2,56,664 | 2k British pounds in INR |
| £5,000 | ₹6,41,661 | 5k British pounds in INR |
Before you send
- Compare the rate, not just the fee. A service advertising no fee may take more through its margin than one charging a flat amount.
- Check the receiving method. Bank deposit, mobile wallet and cash pickup can be priced differently (a bank transfer and a UPI-linked service can differ, and fees may apply at both ends).
- Check when it is priced. The reference rate is published once per working day; a transfer is converted when it is actually executed.