Send money from Portugal to the UK
Sold a property in Portugal, moving back to the UK or converting savings into sterling? Currencyflow lets you see the EUR to GBP exchange rate available for your transfer upfront, with transparent pricing and personal support.
- See your EUR to GBP exchange rate instantly
- Transparent 0.25%-0.40% margin, depending on transfer size
- No Currencyflow payment transfer fees
- Personal support, including direct access to our founder
Send, save... & relax.
Transparent pricing, always shown upfront.
Your funds are safeguarded and kept separate from Currencyflow's operational funds. They are held in segregated safeguarded accounts through our FCA-authorised payment institution partner, Sciopay Ltd (FRN 927951).
By Freddie Smith, Founder & CEO, Currencyflow · Updated 29 October 2026
Sending money from Portugal to the UK? Here's what to know
Sending euros from Portugal to the UK often means converting property proceeds, savings or other larger balances into sterling. If the money comes from a property sale or is needed for a UK purchase, the transfer may also be linked to a particular completion or payment date.
The EUR to GBP exchange rate can move between receiving the euros and converting them. Currencyflow lets you see the exchange rate available upfront, helping you decide when to exchange based on your own timing and amount.
Why people send money from Portugal to the UK
This corridor is shaped by people bringing their money home, led by property and pension income.
Bringing home property sale proceeds
Returning to the UK for good
Portuguese pension and rental income
Family support across borders
Why send money to the UK with Currencyflow
| Feature | Currencyflow | High Street Banks |
|---|---|---|
| Exchange rate | Fixed, transparent, competitive | Often wider and less transparent |
| Transfer fees | No payment transfer fees | Often charged |
| Speed | Same-day (most cases) | Several days |
| Support | Dedicated account manager | Call centre/branch |
| Rate lock | Forward contracts available | Rarely offered |
| Account setup | Free, no ongoing fees | Sometimes charged |
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Currencyflow indicative EUR to GBP rate
1 EUR = 0.8340 GBP
As of , the Currencyflow indicative EUR to GBP rate is 1 EUR = 0.8340 GBP, based on a €60,000 transfer with a 0.30% margin.
Your actual exchange rate may vary depending on the amount you send because our margin varies by transfer size. See our rates, margins and fees →
Currencyflow rates are indicative and confirmed when you book. No payment transfer fees.
Get a personalised EUR to GBP quote →Currencyflow EUR to GBP rates by transfer amount
Currencyflow exchange rates vary according to the amount you send.
| You send (EUR) | You receive (GBP) | Currencyflow rate | Margin | Payment transfer fee |
|---|---|---|---|---|
| €10,000 | £8,331 | 1 EUR = 0.8331 GBP | 0.40% | None |
| €20,000 | £16,662 | 1 EUR = 0.8331 GBP | 0.40% | None |
| €50,000 | £41,698 | 1 EUR = 0.8340 GBP | 0.30% | None |
| €100,000 | £83,413 | 1 EUR = 0.8341 GBP | 0.28% | None |
| €200,000 | £166,875 | 1 EUR = 0.8344 GBP | 0.25% | None |
| €500,000 | £417,188 | 1 EUR = 0.8344 GBP | 0.25% | None |
| €1,000,000 | £834,377 | 1 EUR = 0.8344 GBP | 0.25% | None |
| €2,000,000 | £1,668,753 | 1 EUR = 0.8344 GBP | 0.25% | None |
| €5,000,000 | £4,171,883 | 1 EUR = 0.8344 GBP | 0.25% | None |
Currencyflow rates are indicative, updated hourly, and confirmed when you book. No payment transfer fees.
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How to transfer money to the UK from Portugal
See your exchange rate
Open your account
Send your funds
We make your international payment
Planning your EUR to GBP transfer
Plan the conversion of your euro balance
Fix a rate for a future transfer
Set a target rate if your timing is flexible
See EUR to GBP rates and history
Sending euros from a Portuguese bank to the UK
If your funds are held with a Portuguese bank such as Millennium bcp, Caixa Geral de Depósitos, Santander Totta or Novo Banco, you can fund your Currencyflow transfer using the account details supplied for your payment.
In Portugal, everyday payments often use Multibanco, but international bank transfers rely on your bank account details rather than a Multibanco payment reference. Once you’ve agreed your EUR to GBP exchange rate, you send the euros from your Portuguese bank account to Currencyflow. We convert them into pounds at the agreed rate and send the GBP to the UK account you’ve provided.
Portuguese bank accounts use an IBAN and euro payments can be made through SEPA. In the UK, the recipient will typically provide a sort code and account number.
How long does a transfer from Portugal to the UK take?
Most transfers arrive the same working day or the next.
- When you fund the transfer. Sending your euros to us by SEPA early in the day gives the payment the best chance of completing the same working day.
- SEPA and the UK payment leg. Both parts are typically quick, so neither end is usually the main cause of delay.
- First-transfer verification. Your first payment can take a little longer while your account is verified.
- Source-of-funds checks on a large transfer. A large incoming amount may need supporting documents, so having them ready can help avoid delays.
- Weekends and holidays. Banking days and local holidays can affect settlement times.
A bank transfer on this route can take longer depending on the providers involved.
What do you need to send money to the UK?
To send money to a UK bank account, you'll need:
- Photo ID, either a passport or a driving licence.
- Proof of address, such as a recent utility bill or bank statement.
- The recipient's full name as it appears on their UK account.
- The recipient's UK sort code and account number.
- The purpose of the transfer, which we'll ask about for larger amounts.
- Source-of-funds evidence for a large transfer, typically the escritura for property proceeds or a bank statement for savings.
For the proceeds of a Portuguese property sale, the escritura (sale deed) is usually the source-of-funds document our compliance team will ask for.
Legal and tax notes for Portugal to UK transfers
- On the UK side, receiving money from Portugal isn't taxed. The UK has no gift tax on the recipient, and moving your own savings or sale proceeds into a UK account isn't income. Where UK tax can arise is on what the money represents, such as a capital gain on a property, not on the transfer itself. If the person sending is UK-domiciled, a large lifetime gift can still fall under inheritance tax's seven-year rule, where amounts over the £3,000 annual exemption only fully leave the estate after seven years.
- On the Portuguese side, gifts are subject to Stamp Duty (Imposto do Selo), but the scope is narrow. Imposto do Selo applies only to assets located in Portugal, and gifts to close family, a spouse or civil partner, children, grandchildren, parents, or grandparents, are exempt regardless of amount. Non-family recipients face a 10% rate, and since the 2024 State Budget reforms a gift to close family over €5,000 still requires a Modelo 1 declaration to the tax authority, which is administrative rather than a charge. A transfer of your own money from Portugal to a UK account isn't a gift, so it falls outside this entirely.
- These notes are general information, not tax advice. If you're moving the proceeds of a sale, gifting a significant sum, or your affairs span both countries, it's worth taking professional advice on your own situation.
Why trust Currencyflow
Your funds are safeguarded
Client funds are held in segregated safeguarded accounts through our FCA-authorised payment institution partner, Sciopay Ltd (FRN 927951), separate from Currencyflow's operational funds.
Personal support when you want it
Speak with us by phone, WhatsApp or email, including direct access to our founder, Freddie, when you want to talk through your transfer.
Secure account and payment processes
Currencyflow uses security measures including two-factor authentication and transaction monitoring to help protect accounts and payments.
Frequently asked questions
Written by
Freddie SmithFounder & CEO, Currencyflow
Freddie Smith is the Founder and CEO of Currencyflow, an international foreign exchange and payments specialist focused on high-value transfers for individuals and businesses worldwide. With over 12 years of commercial experience across financial services and digital media, including several years working with financial services comparison platforms, Freddie has spent his career at the intersection of partnerships, growth strategy, and money movement. He founded Currencyflow to bring transparent, fixed-margin pricing and personal relationship management to clients making significant international transfers.
Last updated 29 October 2026
