🏴→🇬🇧
Send Money from Wales to United Kingdom
Welsh companies and manufacturers paying United Kingdom suppliers. Send GBP from Wales, receive GBP in United Kingdom with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local GBP collection + local GBP delivery = no correspondent bank fees
Save £2,120 per £100k Payment
Wales to United Kingdom corridor savings
Traditional Bank
£2,525
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
Unicorn Currencies
£405
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Local GBP collection
- ✓ Transparent 0.5% spread
- ✓ Faster Payments
Your Savings
84%
£2,120 per £100k
At £600k-£6M monthly, save £10,611/year
Sending from Wales: What You Need to Know
GBP Origin Specifics
- Wales uses GBP currency
- Post-Brexit customs documentation
- FCA regulated payment services
Your Local Advantages
- Local GBP account available
- Faster Payments instant collection
- No correspondent bank fees on origin side
Local Collection Method
Faster Payments
Instant (T+0) • UK domestic instant payments. Money available immediately.
Paying Suppliers in United Kingdom: Compliance & Requirements
Regulatory Considerations
- FCA (Financial Conduct Authority) regulated payments
- HMRC tax reporting requirements
- VAT (20%) on goods and services
- Anti-money laundering (AML) compliance
Payment Best Practices
- Faster Payments = instant, free for most transfers under £1M
- Use CHAPS for same-day urgent high-value payments
- BACS ideal for regular supplier payment runs
- London = major financial hub with excellent banking infrastructure
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via Faster Payments
Wales → United Kingdom Corridor Insights
Popular Industries
- Financial Services
- Manufacturing
- Pharmaceuticals
Peak Trading Hours
Local business hours
Best for rate execution and faster settlement
Typical Volume
£100k-£500k
Average transaction size for this corridor
Monthly volume: £600k-£6M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Send GBP from Wales to United Kingdom?
Save 84% on every payment with t+0 (2.3s avg within unicorn network). Local GBP collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB