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

Compare today's GIP to RON (Gibraltar Pound to Romanian Leu) exchange rates

Gibraltar
Romania
GIP

Interbank Exchange Rate: 1 GIP = 5.9055 RON
Updated about an hour ago

Found 2 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 GIP =
5 898.00 RON
Transfer Limit (GIP): No Limits
Indicative Rate1 GIP = 5.8980 RON
( )( )( )( )( )
1000 GIP =
5 889.10 RON
Transfer Limit (GIP): No Limits
Indicative Rate1 GIP = 5.8891 RON

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 Romanian Leu money transfers

Easily compare money transfer providers in one place to send money from Gibraltar to Romania. Send money overseas to your loved ones by comparing Gibraltar Pound (GIP) to Romanian Leu (RON) 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.

When making a money transfer to Romania from Gibraltar, we currently have 2 remittance service providers available.

Regency FX currently offers the most competitive rate for sending money to Romania and their 1 GIP to RON exchange rate today is 5.8980.

The next best Gibraltar Pound to Romanian Leu exchange rate today for money transfers to Romania is offered by Rutland FX (1 GIP = 5.8891 RON).

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 Romania 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 RON Conversion Rates

Here are some latest GIP to RON (Gibraltar Pound to Romanian Leu) exchange rates for popular conversion amounts*.

1 GIP5.91 RON
5 GIP29.53 RON
10 GIP59.06 RON
25 GIP147.64 RON
50 GIP295.28 RON
100 GIP590.55 RON
150 GIP885.83 RON
200 GIP1,181.10 RON
250 GIP1,476.38 RON
300 GIP1,771.65 RON
400 GIP2,362.20 RON
500 GIP2,952.75 RON
600 GIP3,543.30 RON
700 GIP4,133.85 RON
800 GIP4,724.40 RON
1,000 GIP5,905.50 RON
1,500 GIP8,858.25 RON
2,000 GIP11,811.00 RON
2,500 GIP14,763.75 RON
3,000 GIP17,716.50 RON
4,000 GIP23,622.00 RON
5,000 GIP29,527.50 RON
10,000 GIP59,055.00 RON
15,000 GIP88,582.50 RON
20,000 GIP118,110.00 RON
30,000 GIP177,165.00 RON
40,000 GIP236,220.00 RON
50,000 GIP295,275.00 RON
100,000 GIP590,550.00 RON

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


What's the best way to do Gibraltar to Romania money transfers?

It can be very confusing when sending money from Gibraltar to Romania given so many choices. Additionally, Gibraltar Pound to RON exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Gibraltar to Romania as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Romania from Gibraltar. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Gibraltar Pound to Romanian Leu remittances.


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

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Gibraltar to Romania transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your GIP to Romanian Leu international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Gibraltar Pound to Romanian Leu exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

One of the most important things to watch out for is hidden fees when sending money to Romania from Gibraltar. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Romania using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Romanian Leu foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best GIP to Romania exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Romania from Gibraltar.


Should I use my bank to send money from Gibraltar to Romania?

Bank transfers have been a traditionally popular way to send money overseas from Gibraltar to Romania. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the GIP to RON exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Gibraltar bank for your Romania money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money to Romania from Gibraltar fast?

If you need to convert GIP to RON as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Gibraltar to Romania could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Gibraltar Pound to Romanian Leu funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Romania.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Gibraltar to Romania. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to transfer money to Romania from Gibraltar?

The first step in selecting the best money transfer operators for Gibraltar to Romania remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Gibraltar Pound to Romanian Leu money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Romania.


Step by step guide to send money from Gibraltar to Romania

Follow the below easy steps to send money to Romania from Gibraltar.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Gibraltar bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Romania).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your GIP to RON remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.