Lycaremit Exchange Rate Today (GBP)
How to send money with LycaRemit Money Transfer Rate
A simple 3-step process can help you transfer your money abroad - sign up, add beneficiaries, then pay and send money to your family and friends.
- Create your LycaRemit account.
- Add Beneficiary
- Pay and Send
About LycaRemit Money Transfer
LycaRemit is a trading name of Lycamoney Financial Services Limited.
LycaRemit takes pride in helping its customers send money abroad at competitive rates
The service enables customers to send Pounds to friends and family in a fast and effective means, anywhere around the globe.
Lycaremit Exchange Rate for the week (GBP)
Lycaremit Previous Exchange Rate (GBP)
How to receive money using LycaRemit
Money is credited to the recipient's bank account.
Benefits of Sending Money Via LycaRemit
- Better rates. Low fees.
- It only supports pounds
- Transfer is not instant and depends on the country.
- Only residents in the United Kingdom can send money
LycaRemit Fees for Sending Money
You get rewarded with £5 on your LycaRemit credit when you do transfers above £300. The fees will be determined by the mode of transfer and the selected country for transfer. The transfer fee is £1.20 for £100, £2.04 for £500 and £3.08 for £1000. However, the fees are low compared to other transfer companies and banks.
Your transfer limit will be displayed in the top right corner on your dashboard, based on your verification status.
Please note that LycaaRemit money transfer is currently only available to customers residing in the U.K.
No. The service is only available to residents in U.K
Most banks are supported. However, the sender will be advised if the recipient bank is not supported
It costs £1.20 for £100, £2.04 for £500 and £3.08 to send £1000 to Nigeria.
Receiving is completely free. No charges.
This is based on the verification status. Getting verified allows you to send more money. The sending limit is displayed at the top right of the dashboard.
There is no maximum receiving amount. You can receive any amount. See sending limits