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

Compare today's USD to VEF (US Dollar to Venezuelan Bolivar) exchange rates

Marshall Islands
Venezuela
USD

Interbank Exchange Rate: 1 USD = 61,237,735.2800 VEF
Updated over 24 hours ago

Found 0 Remittance Service Providers

All you need to know about US Dollar to Venezuelan Bolivar money transfers

Easily compare money transfer providers in one place to send money from Marshall Islands to Venezuela. Send money overseas to your loved ones by comparing US Dollar (USD) to Venezuelan Bolivar (VEF) 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 Marshall Islands.

Were you looking to send money from Venezuela to Marshall Islands 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 USD to VEF Conversion Rates

Here are some latest USD to VEF (US Dollar to Venezuelan Bolivar) exchange rates for popular conversion amounts*.

1 USD61,237,735.28 VEF
5 USD306,188,676.40 VEF
10 USD612,377,352.80 VEF
25 USD1,530,943,382.00 VEF
50 USD3,061,886,764.00 VEF
100 USD6,123,773,528.00 VEF
150 USD9,185,660,292.00 VEF
200 USD12,247,547,056.00 VEF
250 USD15,309,433,820.00 VEF
300 USD18,371,320,584.00 VEF
400 USD24,495,094,112.00 VEF
500 USD30,618,867,640.00 VEF
600 USD36,742,641,168.00 VEF
700 USD42,866,414,696.00 VEF
800 USD48,990,188,224.00 VEF
1,000 USD61,237,735,280.00 VEF
1,500 USD91,856,602,920.00 VEF
2,000 USD122,475,470,560.00 VEF
2,500 USD153,094,338,200.00 VEF
3,000 USD183,713,205,840.00 VEF
4,000 USD244,950,941,120.00 VEF
5,000 USD306,188,676,400.00 VEF
10,000 USD612,377,352,800.00 VEF
15,000 USD918,566,029,200.00 VEF
20,000 USD1,224,754,705,600.00 VEF
30,000 USD1,837,132,058,400.00 VEF
40,000 USD2,449,509,411,200.00 VEF
50,000 USD3,061,886,764,000.00 VEF
100,000 USD6,123,773,528,000.00 VEF

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


What's the best way to do Marshall Islands to Venezuela money transfers?

It can be very confusing when sending money from Marshall Islands to Venezuela given so many choices. Additionally, United States Dollar to VEF 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 Marshall Islands to Venezuela 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 Venezuela from Marshall Islands. 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 United States Dollar to Venezuelan Bolivar remittances.


How to get the best remit rate for transferring money from Marshall Islands to Venezuela?

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 Marshall Islands to Venezuela 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 USD to Venezuelan Bolivar 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 United States Dollar to Venezuelan Bolivar 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 Marshall Islands to Venezuela?

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 Marshall Islands to Venezuela 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 United States Dollar to Venezuelan Bolivar 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 Marshall Islands to Venezuela 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 USD to VEF remittances.


How to send money from Marshall Islands to Venezuela through a bank?

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 USD to VEF 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 Marshall Islands to Venezuela 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 Venezuela from Marshall Islands. They do this by letting you fund your transaction through your local bank account in Marshall Islands, and by allowing you to choose the payout to be your recipient's bank account in Venezuela. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to transfer money from Marshall Islands to Venezuela?

It could be a stressful experience if you need to rush money quickly from Marshall Islands to Venezuela. 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 USD to VEF. 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 Venezuelan Bolivar. 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 Marshall Islands to Venezuela money transfers.


Which are the best money transfer companies to transfer money to Venezuela from Marshall Islands?

Comparing money transfer companies for sending money to Venezuela from Marshall Islands can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Venezuela. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your United States Dollar to Venezuelan Bolivar transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Venezuelan Bolivar yield on every United States Dollar that you send.


Step by step guide to do a money transfer from Marshall Islands to Venezuela

With so many possible ways to transfer United States Dollar to Venezuelan Bolivar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Marshall Islands to Venezuela remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Marshall Islands and the receiver in Venezuela. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your USD to Venezuelan Bolivar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.