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Compare today's GBP to MVR (British Pound to Maldivian Rufiyaa) exchange rates

Isle of Man
Maldives
GBP

Interbank Exchange Rate: 1 GBP = 21.1914 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 Isle of Man 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.

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 Isle of Man.

Were you looking to send money from Maldives to Isle of Man 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 GBP to MVR Conversion Rates

Here are some latest GBP to MVR (British Pound to Maldivian Rufiyaa) exchange rates for popular conversion amounts*.

1 GBP21.19 MVR
5 GBP105.96 MVR
10 GBP211.91 MVR
25 GBP529.79 MVR
50 GBP1,059.57 MVR
100 GBP2,119.14 MVR
150 GBP3,178.71 MVR
200 GBP4,238.28 MVR
250 GBP5,297.85 MVR
300 GBP6,357.42 MVR
400 GBP8,476.56 MVR
500 GBP10,595.70 MVR
600 GBP12,714.84 MVR
700 GBP14,833.98 MVR
800 GBP16,953.12 MVR
1,000 GBP21,191.40 MVR
1,500 GBP31,787.10 MVR
2,000 GBP42,382.80 MVR
2,500 GBP52,978.50 MVR
3,000 GBP63,574.20 MVR
4,000 GBP84,765.60 MVR
5,000 GBP105,957.00 MVR
10,000 GBP211,914.00 MVR
15,000 GBP317,871.00 MVR
20,000 GBP423,828.00 MVR
30,000 GBP635,742.00 MVR
40,000 GBP847,656.00 MVR
50,000 GBP1,059,570.00 MVR
100,000 GBP2,119,140.00 MVR

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


What's the best way to do Isle of Man to Maldives money transfers?

Sending money internationally to Maldives from Isle of Man 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 British Pound to MVR 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 Maldives. 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 Maldivian Rufiyaa.


How to get the best rate to transfer money to Maldives from Isle of Man?

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 Isle of Man to Maldives 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 GBP to Maldivian Rufiyaa 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 British Pound to Maldivian Rufiyaa 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 transfer money from Isle of Man to Maldives?

The final amount your recipient gets when you send GBP to MVR 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 Isle of Man to Maldives 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 Maldivian Rufiyaa 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 British Pound to Maldives 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.


Should I use my bank to send money from Isle of Man to Maldives?

We do not recommend using your local bank in Isle of Man for your next GBP to MVR 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 Isle of Man to Maldives (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 MVR to Maldives. These companies will let you use your local bank account in Isle of Man to pay for your Maldives 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 transfer money from Isle of Man to Maldives?

It could be a stressful experience if you need to rush money quickly from Isle of Man 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 Isle of Man to Maldives money transfers.


Which are the best money transfer companies to transfer money from Isle of Man to Maldives?

Isle of Man 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 send money from Isle of Man to Maldives

Follow the below easy steps to send money to Maldives from Isle of Man.

  • 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 Isle of Man 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.

The provider will then work on your GBP to MVR 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.