Compare today's GBP to MVR (British Pound to Maldivian Rufiyaa) exchange rates
Interbank Exchange Rate: 1 GBP = 21.1904 MVR
Updated about an hour ago
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All you need to know about British Pound to Maldivian Rufiyaa money transfers
Easily compare money transfer providers in one place to send money from Guernsey to Maldives. Send money overseas to your loved ones by comparing British Pound (GBP) to Maldivian Rufiyaa (MVR) 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.
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Latest GBP to MVR Conversion Rates
Here are some latest GBP to MVR (British Pound to Maldivian Rufiyaa) exchange rates for popular conversion amounts*.
| 1 GBP | 21.19 MVR |
| 5 GBP | 105.95 MVR |
| 10 GBP | 211.90 MVR |
| 25 GBP | 529.76 MVR |
| 50 GBP | 1,059.52 MVR |
| 100 GBP | 2,119.04 MVR |
| 150 GBP | 3,178.56 MVR |
| 200 GBP | 4,238.08 MVR |
| 250 GBP | 5,297.60 MVR |
| 300 GBP | 6,357.12 MVR |
| 400 GBP | 8,476.16 MVR |
| 500 GBP | 10,595.20 MVR |
| 600 GBP | 12,714.24 MVR |
| 700 GBP | 14,833.28 MVR |
| 800 GBP | 16,952.32 MVR |
| 1,000 GBP | 21,190.40 MVR |
| 1,500 GBP | 31,785.60 MVR |
| 2,000 GBP | 42,380.80 MVR |
| 2,500 GBP | 52,976.00 MVR |
| 3,000 GBP | 63,571.20 MVR |
| 4,000 GBP | 84,761.60 MVR |
| 5,000 GBP | 105,952.00 MVR |
| 10,000 GBP | 211,904.00 MVR |
| 15,000 GBP | 317,856.00 MVR |
| 20,000 GBP | 423,808.00 MVR |
| 30,000 GBP | 635,712.00 MVR |
| 40,000 GBP | 847,616.00 MVR |
| 50,000 GBP | 1,059,520.00 MVR |
| 100,000 GBP | 2,119,040.00 MVR |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Guernsey to Maldives?
With the global remittance market booming, there are so many choices for British Pound to MVR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Maldives from Guernsey. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final MVR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best rate to transfer money to Maldives from Guernsey?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your GBP to Maldivian Rufiyaa money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Guernsey to Maldives. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for GBP to MVR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way to transfer money from Guernsey to Maldives?
While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Guernsey to Maldives via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.A sure way to find the most cost effective way for British Pound to Maldivian Rufiyaa remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.
Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Guernsey to Maldives exchange rate.
Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for GBP to MVR remittances.
How to send money from Guernsey to Maldives through a bank?
Bank transfers have been a traditionally popular way to send money overseas from Guernsey to Maldives. 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 GBP to MVR 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 Guernsey bank for your Maldives 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.
What is the fastest way to do a money transfer to Maldives from Guernsey?
It could be a stressful experience if you need to rush money quickly from Guernsey to Maldives. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert GBP to MVR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Maldivian Rufiyaa. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Guernsey to Maldives money transfers.
Which are the best money transfer companies to send money to Maldives from Guernsey?
Guernsey to Maldives money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Maldives as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.
Once you have defined your parameters, selecting the best British Pound to Maldivian Rufiyaa money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.
Step by step guide to transfer money to Maldives from Guernsey
Follow the below easy steps to send money to Maldives from Guernsey.- 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 Guernsey bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Maldives).
- 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.
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.