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PassTo Global Money Transfer In The UK – How Does It Work?

Do you need to send money abroad from the UK? Perhaps you're paying rent to an overseas landlord, or maybe you urgently need to send money to family or friends. PassTo can help you do it quickly, safely, and reliably - and at a much lower cost than using a bank.
January 8, 2023 11:52


Do you need to send money abroad from the UK? Perhaps you're paying rent to an overseas landlord, or maybe you urgently need to send money to family or friends. PassTo can help you do it quickly, safely, and reliably - and at a much lower cost than using a bank.

 In this guide, we'll cover everything you need to know about how the PassTo app works and how you can use it to save money while sending money abroad.


What is PassTo Money Transfer?

PassTo is a cutting-edge fintech money transfer service that is revolutionising the way expats in the UK send money to loved ones abroad. Our mission is aimed at providing you with an easy, fast, and affordable alternative when it comes to international money transfers.

PassTo offers competitive exchange rates for a variety of currencies and enables you to make real-time money transfers without incurring hidden fees. We're committed to keeping our online platform socially inclusive - one which connects people around the world.

Is PassTo an Online Bank?

PassTo is a secure third-party money transfer service that facilitates international money transfers from the UK. We are not a bank - instead working as an intermediary between our users and their banks or other financial institutions.


When you send funds through PassTo, our app securely processes the transaction on your behalf to ensure that your funds are safely and quickly transferred to their intended recipient.

All money deposited by PassTo is held in separate bank accounts, meaning that these funds are never used for our operating expenses or other corporate purposes. Also, all transactions occur over a secure network protocol with encryption so that your personal information remains private.


What Do You Need to Verify Your PassTo Account?

The Know Your Customer (KYC) process is an important part of verifying a PassTo account. This process helps to protect you and combat financial crime by ensuring that UK residents with the right to reside here are the ones using their own accounts. 

To verify an account, you simply provide your address, a selfie, and a photo of your identification documents, such as a UK passport, driver's licence, or Biometric Residence Permit. For those without their residence registered in public records, other proofs, such as a phone bill or rental contracts may be accepted.

The submitted documents pass through industry-standard processes and technologies that ensure they are authentic and valid. The information on these documents is then cross-checked with the provided address in verified public databases to further confirm its legitimacy. 

What Currencies Does PassTo Support?

PassTo is a reliable and efficient money transfer service that supports more than 50 currencies for recipients of funds. So, you can be sure your GBP transfers will reach their destination in the currency of your choice.

PassTo also allows you to easily send funds from the UK to over 60 countries. Our platform makes it easy to conveniently transfer money to destinations in Europe, Asia, Africa, and Latin America.

 What's more, we provide full transparency on our rates and fees so you know exactly how much you are paying each time you use our service.

How to Pay for Your Transfer with PassTo?

PassTo offers you a range of payment options for your money transfer. We accept payments from bank transfers, debit cards, and credit cards. Bank transfers are often the cheapest way of paying for your money transfer.

In the PassTo app, you can use our Instant Bank Transfer feature to quickly pay for your money transfer without having to wait for traditional bank transfer times. All you have to do in the app is select the “Instant bank transfer” option under the deposit button in the home screen to begin your speedy transaction.

How Does PassTo Work in the UK?

Thankfully, it's straightforward to transfer money internationally from the UK using PassTo. Let's break down the easy steps. 


Delivery Methods to Send Your Cash Through!

PassTo provides various delivery methods for international money transfers - all to accommodate you and your recipient's preferences. These include deposits to bank accounts, credits to mobile wallets, and cash pickup at agent locations. Our service also allows you to send money without your recipient having a PassTo account.

So, if your recipient doesn't have access to a bank account or is unwilling to provide their banking information, then mobile wallet or cash pickup options may be used instead.

The availability of delivery methods can vary in each of the countries we service, so be sure to check which ones are available in your recipient’s country prior to making a transaction. 

Are You Required to fund the PassTo wallet through Bank transfers only?

You can use a debit or credit card to both fund your money transfers and to pay for the transfer fee. Your recipient also does not need to have a bank account for you to safely and urgently send money to them.

How Quick is It to Send Money with PassTo?

PassTo is an excellent resource for when you need to make quick international money transfers. With our innovative technology, most transfers happen in minutes. This makes PassTo an ideal solution for unexpected or emergency situations.

In some cases - depending on the speed and quality of services in your recipient's country - money will arrive on the same day or up to the next working day.  Our team here at PassTo are experts when it comes to fast international money transfers. Having successfully completed thousands of money transfers, we know how to quickly process transactions while still providing great customer service.

Track Your Transfer!

The PassTo app provides an incredibly convenient way to monitor your money transfer. It allows you to check on the progress of a transaction anytime and get up-to-date status information.  

To instantly see how a money transfer is progressing, simply tap on the transaction either in the app's home screen or in the history tab. 

You can even set up alerts so that you are notified with a push notification whenever there is a new transaction status. This lets you always have the most accurate and timely information about your money transfer, saving you from having to constantly check for updates yourself.

How Much Money Can I Transfer Through PassTo?

PassTo money transfer limits are subject to each country's different banking regulations and governmental policies. In general though, customers can transfer up to:

However, this is not a universal limit for all countries since the maximum amount of money transfers is determined by the country's local regulations. Be aware that these limits could change based on your recipient country's rules or other restrictions.

What Are the Fees of Using PassTo?

T‍o always be your first choice for international money transfers, the PassTo transfer fee is kept low despite keeping delivery fast.  And our fee is transparent and free of any other hidden fees.

Our transfer fee typically ranges from £1.40 to £2.50 depending on your recipient's country and the delivery method you choose.

 To lower our already low transfer fee further, we made sure your first two money transfers are free. On top of that, when your friends or family join PassTo and successfully transfer money, you can earn rewards.

And another way for you to save even more on the transfer fee is to take advantage of promotional offers, like cashback deals.  PassTo rewards new and loyal customers alike - all to help you save money.

Does PassTo Provide Competitive Rates?

PassTo offers some of the most competitive exchange rates in our industry - to the point that we've had instances of our customers getting a better rate than the interbank exchange rate!

Exchange rates fluctuate due to changes in market conditions, which can lead to variations in cost from one transaction to another. This is why PassTo pays close attention to global markets and identifies the most beneficial exchange rate for each country we service so that we can offer you the best value on your money transfers.


Is it Secure to Transfer Money Through PassTo?

PassTo takes the security of our users seriously. We use Know Your Customer (KYC) procedures, two-factor authentication, and safeguarding alongside our investments in technology that continuously monitors suspicious activity within our platform.

PassTo is also regulated by the Financial Conduct Authority (FCA) in the UK, a regulatory body responsible for protecting consumers and ensuring financial services firms are meeting their obligations. 

All of these measures combined help to create an environment safe from financial crime that benefits our users by providing an extra layer of assurance that their accounts are secure and that user data is properly protected.

Is PassTo a Reliable Service?

PassTo has a proven track record as a trusted and reliable provider of money transfer services. We know that when you're sending money overseas, you need it to arrive quickly and without hassle. That's why we offer rapid processing of money transfers and highly competitive exchange rates. 

And our customers seem to appreciate our efforts - we consistently receive top ratings from them for our service. In fact, we're currently rated Excellent on the Trustpilot review site

So, if you're looking for a money transfer service that you can rely on, you've found it with PassTo.


Does PassTo Offer Any Promos or Discounts?

At PassTo, we want to make sure your first experience with us is a great one. That's why we offer you two free money transfers when you join. 

And to sweeten the deal, we give you a special welcome rate on our already competitive exchange rate. 

Plus, our rewards program lets you and your friends and family earn money when you refer them to use PassTo, and they complete their first transaction of at least GBP 200.

How Does PassTo Treat Their Loyal Customers?

At PassTo, we appreciate our loyal customers and want to show it. That's why we offer exclusive deals and discounts, like cashback, fee discounts, and free money transfers.

We're also working on a loyalty program that will offer even more perks, so stay tuned for that! We continue to work hard to provide you the best possible value and to show you our appreciation.


Why is PassTo the Best Choice to Transfer Money from the UK?

PassTo is the best choice to transfer money internationally for a number of reasons.


PassTo is a reliable money transfer service that receives top ratings from our customers and offers competitive exchange rates and rapid processing. Along with these benefits, we offer a rewards program, exclusive deals and discounts, and low fees. When you need to send money internationally from the UK, PassTo is your easy-to-use solution.