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

Compare today's GBP to PGK (British Pound to Papua New Guinean Kina) exchange rates

Jersey
Papua New Guinea
GBP

Interbank Exchange Rate: 1 GBP = 5.8721 PGK
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)( )
1000 GBP =
5 517.90 PGK
Transfer Limit (GBP): No Limits
Locked-In Rate1 GBP = 5.5179 PGK

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 British Pound to Papua New Guinean Kina money transfers

Easily compare money transfer providers in one place to send money from Jersey to Papua New Guinea. Send money overseas to your loved ones by comparing British Pound (GBP) to Papua New Guinean Kina (PGK) 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 Papua New Guinea from Jersey, we currently have 1 remittance service providers available.

OFX currently offers the most competitive rate for sending money to Papua New Guinea and their 1 GBP to PGK exchange rate today is 5.5179.

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 Jersey.

Were you looking to send money from Papua New Guinea to Jersey 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 PGK Conversion Rates

Here are some latest GBP to PGK (British Pound to Papua New Guinean Kina) exchange rates for popular conversion amounts*.

1 GBP5.87 PGK
5 GBP29.36 PGK
10 GBP58.72 PGK
25 GBP146.80 PGK
50 GBP293.60 PGK
100 GBP587.21 PGK
150 GBP880.81 PGK
200 GBP1,174.42 PGK
250 GBP1,468.02 PGK
300 GBP1,761.63 PGK
400 GBP2,348.84 PGK
500 GBP2,936.05 PGK
600 GBP3,523.26 PGK
700 GBP4,110.47 PGK
800 GBP4,697.68 PGK
1,000 GBP5,872.10 PGK
1,500 GBP8,808.15 PGK
2,000 GBP11,744.20 PGK
2,500 GBP14,680.25 PGK
3,000 GBP17,616.30 PGK
4,000 GBP23,488.40 PGK
5,000 GBP29,360.50 PGK
10,000 GBP58,721.00 PGK
15,000 GBP88,081.50 PGK
20,000 GBP117,442.00 PGK
30,000 GBP176,163.00 PGK
40,000 GBP234,884.00 PGK
50,000 GBP293,605.00 PGK
100,000 GBP587,210.00 PGK

*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 Papua New Guinea from Jersey?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Jersey to Papua New Guinea. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer British Pound to PGK.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send GBP to PGK in Papua New Guinea. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Papua New Guinea from Jersey. We provide you with maximum choices to send money to Papua New Guinea by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best remit rate for transferring money from Jersey to Papua New Guinea?

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 Papua New Guinea from Jersey.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your GBP to Papua New Guinean Kina 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 GBP to PGK 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 to Papua New Guinea from Jersey?

When you want to send money to Papua New Guinea from Jersey, you obviously want the cheapest possible option to maximize the money your recipient gets in Papua New Guinean Kina. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your GBP to PGK money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Jersey to Papua New Guinea. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Jersey to Papua New Guinea exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Papua New Guinean Kina overseas.


Should I use my bank to transfer money from Jersey to Papua New Guinea?

Bank transfers have been a traditionally popular way to send money overseas from Jersey to Papua New Guinea. 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 PGK 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 Jersey bank for your Papua New Guinea 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 from Jersey to Papua New Guinea fast?

It could be a stressful experience if you need to rush money quickly from Jersey to Papua New Guinea. 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 PGK. 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 Papua New Guinean Kina. 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 Jersey to Papua New Guinea money transfers.


Which are the best money transfer companies to transfer money to Papua New Guinea from Jersey?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Jersey to Papua New Guinea, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best British Pound to Papua New Guinean Kina exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your PGK money transfers to Papua New Guinea. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Papua New Guinea getting more money for every British Pound you send.


Step by step guide to transfer money to Papua New Guinea from Jersey

Follow the below easy steps to send money to Papua New Guinea from Jersey.

  • 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 Jersey bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Papua New Guinea).
  • 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 PGK 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.