Pay UK bank accounts in pounds from your USD account. Altitude converts the funds and sends them by Faster Payments, and you see the rate and the exact amount the recipient gets before you send.
Sending USD to a UK account instead? See our international payment guide.
Paying an invoice in pounds? Start from Pay and enter the invoice total as the amount the recipient receives.
Send a GBP payment
Select Pay from the dashboard.
Choose the recipient, or add a new one with British pound as the currency.
Pick their UK bank account. Faster Payments is selected automatically.
Choose the USD account to pay from and enter the amount, in USD or GBP.
Add a reference, invoice details or attachments if you need them, then select Create.
Approve the payment in your Inbox to send it.
Use a reference your recipient will recognise. GBP payments are sent by our payment partner, not under your business name, so the reference is how the recipient knows the payment is from you. It can be up to 18 characters.
Exchange rate and fee
GBP payments cost 0.4% above the mid-market rate, built into the rate shown and the same at any volume.
The recipient gets exactly the amount quoted.
The quote refreshes every 30 seconds. Once you send, the rate is fixed, even while the payment waits for approval.
The rate and fee are saved with the payment and appear on its confirmation PDF.
If a payment is returned, the funds convert back to USD at the rate on the day of the return.
See How payments work for how rates are set.
Timing and limits
Faster Payments runs 24/7. Payments usually arrive within 30 minutes, plus time for any compliance review.
Payments over £1,000,000 go by BACS and take up to 3 business days.
The minimum is £5 per transfer, with no maximum.