Mo makes moving money across borders effortless. Instantly convert British Pound Sterling (GBP) into digital dollars (USDC) and back again using GBP Virtual Accounts - with fair FX rates, near-instant settlement, and the option to keep your money in USDC to earn yield.
Onramp: Turn GBP into USDC in Minutes (min 10 GBP)
Deposit British Pound Sterling (GBP) via local payment methods. Your money converts directly into USDC with transparent rates and no hidden fees.
- Faster Payments: Up to 30 minutes (24/7).
- BACS: Up to 3 business days.
Offramp: Send USDC to GBP (min 10 GBP)
Cash out USDC via Faster Payments in minutes. Funds arrive directly in your UK bank account - fast, fair, and hassle-free.
- Faster Payments: Up to 30 minutes (24/7).
- BACS: Up to 3 business days (required for transfers over £1M).
Keep It in Digital Dollars
Not ready to convert back to British Pound Sterling (GBP)? Mo gives you the freedom to hold your remittance in USDC:
- Earn Yield: Yield opportunities for USDC, EURC (Digital Euro), cbBTC and ETH with Mo Earn.
- Trade: Trade between USDC, EURC, cbBTC and ETH (available on Web and Android app) with Mo Trade.
Why Use Mo for GBP?
- Both Directions: Deposit British Pound Sterling (GBP) into Mo and withdraw back when you need.
- Fair & Transparent: Fair FX rates.
- Fast: Local transfers settle in minutes.
- Flexible: Choose between keeping digital dollars or cashing out.
FAQs about GBP with Mo
How do I send or receive British Pound Sterling (GBP) with Mo? Deposit GBP via Faster Payments or BACS into Mo, where it becomes USDC. You can then withdraw to a UK bank account, or send USDC to friends and family using their Mo Box handler via Mo. They can choose to cash out in their local currency or hold USDC.
Are there any hidden fees? No. Mo charges a clear, transparent fee with fair FX rates - and it’s always free to send USDC between Mo users. See Mo Pricing.
Can I keep my money in USDC instead of converting back? Yes. You can earn yield with Mo Earn or trade via Mo Trade.
How long does a transfer take? Most transfers complete within 30 minutes (24/7), and never longer than 3 business days for large BACS transfers.
