Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's GIP to GBP (Gibraltar Pound to British Pound) exchange rates

Gibraltar
Guernsey
GIP

Interbank Exchange Rate: 1 GIP = 1.0000 GBP
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 GIP =
999.00 GBP
Transfer Limit (GIP): No Limits
Indicative Rate1 GIP = 0.9990 GBP

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Gibraltar Pound to British Pound money transfers

Easily compare money transfer providers in one place to send money from Gibraltar to Guernsey. Send money overseas to your loved ones by comparing Gibraltar Pound (GIP) to British Pound (GBP) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Gibraltar to Guernsey.

The best rate to send British Pound from Gibraltar Pound to your loved ones in Guernsey is currently offered by Regency FX; their 1 GIP to GBP exchange rate today is 0.9990.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Gibraltar.

Were you looking to send money from Guernsey to Gibraltar instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest GIP to GBP Conversion Rates

Here are some latest GIP to GBP (Gibraltar Pound to British Pound) exchange rates for popular conversion amounts*.

1 GIP1.00 GBP
5 GIP5.00 GBP
10 GIP10.00 GBP
25 GIP25.00 GBP
50 GIP50.00 GBP
100 GIP100.00 GBP
150 GIP150.00 GBP
200 GIP200.00 GBP
250 GIP250.00 GBP
300 GIP300.00 GBP
400 GIP400.00 GBP
500 GIP500.00 GBP
600 GIP600.00 GBP
700 GIP700.00 GBP
800 GIP800.00 GBP
1,000 GIP1,000.00 GBP
1,500 GIP1,500.00 GBP
2,000 GIP2,000.00 GBP
2,500 GIP2,500.00 GBP
3,000 GIP3,000.00 GBP
4,000 GIP4,000.00 GBP
5,000 GIP5,000.00 GBP
10,000 GIP10,000.00 GBP
15,000 GIP15,000.00 GBP
20,000 GIP20,000.00 GBP
30,000 GIP30,000.00 GBP
40,000 GIP40,000.00 GBP
50,000 GIP50,000.00 GBP
100,000 GIP100,000.00 GBP

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Guernsey from Gibraltar?

Sending money internationally to Guernsey from Gibraltar can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Gibraltar Pound to GBP remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Guernsey. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in British Pound.


How to get the best exchange rate for sending money from Gibraltar to Guernsey?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Guernsey from Gibraltar.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your GIP to British Pound remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for GIP to GBP remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money from Gibraltar to Guernsey?

The final amount your recipient gets when you send GIP to GBP is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Gibraltar to Guernsey used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send British Pound is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Gibraltar Pound to Guernsey exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money to Guernsey from Gibraltar through a bank?

We do not recommend using your local bank in Gibraltar for your next GIP to GBP overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Gibraltar to Guernsey (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending GBP to Guernsey. These companies will let you use your local bank account in Gibraltar to pay for your Guernsey money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to do a money transfer to Guernsey from Gibraltar?

The speed of your Gibraltar Pound to British Pound funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert GIP to GBP. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Guernsey from Gibraltar is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Guernsey if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout GBP into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Gibraltar bank to Guernsey bank transfer.


Which are the best money transfer companies to send money to Guernsey from Gibraltar?

Since the Gibraltar Pound to British Pound money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Gibraltar that may also be able to send money to Guernsey. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your GIP to GBP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Guernsey gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Gibraltar to Guernsey transaction.


Step by step guide to transfer money to Guernsey from Gibraltar

With so many possible ways to transfer Gibraltar Pound to British Pound, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Gibraltar to Guernsey remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Gibraltar and the receiver in Guernsey. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your GIP to British Pound money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.