Compare today's LAK to SBD (Lao Kip to Solomon Islands Dollar) exchange rates
Interbank Exchange Rate: 1 LAK = 0.0005 SBD
Updated about an hour ago
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All you need to know about Lao Kip to Solomon Islands Dollar money transfers
Easily compare money transfer providers in one place to send money from Laos to Solomon Islands. Send money overseas to your loved ones by comparing Lao Kip (LAK) to Solomon Islands Dollar (SBD) 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 LAK to SBD Conversion Rates
Here are some latest LAK to SBD (Lao Kip to Solomon Islands Dollar) exchange rates for popular conversion amounts*.
| 1 LAK | 0.00 SBD |
| 5 LAK | 0.00 SBD |
| 10 LAK | 0.01 SBD |
| 25 LAK | 0.01 SBD |
| 50 LAK | 0.03 SBD |
| 100 LAK | 0.05 SBD |
| 150 LAK | 0.08 SBD |
| 200 LAK | 0.10 SBD |
| 250 LAK | 0.13 SBD |
| 300 LAK | 0.15 SBD |
| 400 LAK | 0.20 SBD |
| 500 LAK | 0.25 SBD |
| 600 LAK | 0.30 SBD |
| 700 LAK | 0.35 SBD |
| 800 LAK | 0.40 SBD |
| 1,000 LAK | 0.50 SBD |
| 1,500 LAK | 0.75 SBD |
| 2,000 LAK | 1.00 SBD |
| 2,500 LAK | 1.25 SBD |
| 3,000 LAK | 1.50 SBD |
| 4,000 LAK | 2.00 SBD |
| 5,000 LAK | 2.50 SBD |
| 10,000 LAK | 5.00 SBD |
| 15,000 LAK | 7.50 SBD |
| 20,000 LAK | 10.00 SBD |
| 30,000 LAK | 15.00 SBD |
| 40,000 LAK | 20.00 SBD |
| 50,000 LAK | 25.00 SBD |
| 100,000 LAK | 50.00 SBD |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to do Laos to Solomon Islands money transfers?
It can be very confusing when sending money from Laos to Solomon Islands given so many choices. Additionally, Lao Kip to SBD 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 Laos to Solomon Islands 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 Solomon Islands from Laos. 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 Lao Kip to Solomon Islands Dollar remittances.
How to get the best remit rate for transferring money from Laos to Solomon Islands?
One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Solomon Islands.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Laos to Solomon Islands transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.
You may also want to sign up for our free exchange rate alert for your LAK to Solomon Islands Dollar money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.
What's the cheapest way to send money from Laos to Solomon Islands?
The final amount your recipient gets when you send LAK to SBD 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 Laos to Solomon Islands 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 Solomon Islands Dollar 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 Lao Kip to Solomon Islands 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 transfer money from Laos to Solomon Islands?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low LAK to SBD exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Laos to Solomon Islands money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Solomon Islands from Laos. They do this by letting you fund your transaction through your local bank account in Laos, and by allowing you to choose the payout to be your recipient's bank account in Solomon Islands. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to do a money transfer to Solomon Islands from Laos?
It could be a stressful experience if you need to rush money quickly from Laos to Solomon Islands. 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 LAK to SBD. 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 Solomon Islands Dollar. 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 Laos to Solomon Islands money transfers.
Which are the best money transfer companies to send money from Laos to Solomon Islands?
Laos to Solomon Islands 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 Solomon Islands 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 Lao Kip to Solomon Islands Dollar 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 Solomon Islands from Laos
Follow the below easy steps to send money to Solomon Islands from Laos.- 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 Laos bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Solomon Islands).
- 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.