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

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

United Kingdom
Maldives
GBP
Interbank Exchange Rate: 1 GBP = 20.4057 MVR
Updated about an hour ago

Found 3 Remittance Service Providers

RIAMONEYTX
Read more about Ria Money Transfer
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 GBP =
19 818.70 MVR
Transfer Limit (GBP): 1 - 8000
Locked-In Rate1 GBP = 19.8187 MVR
REMITLY
Read more about Remitly
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 GBP =
19 780.00 MVR
Transfer Limit (GBP): 0 - 20000
Locked-In Rate1 GBP = 19.7800 MVR

📢 Special exchange rate applied for first transfer
WESTERNUNION
Read more about Western Union
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 GBP =
19 700.90 MVR
Transfer Limit (GBP): No Limits
Locked-In Rate1 GBP = 19.7009 MVR

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 Maldivian Rufiyaa money transfers

Easily compare money transfer providers in one place to send money from United Kingdom 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.

RemitFinder compared 3 money transfer operators to get you the best FX rates to send money from United Kingdom to Maldives.

The best rate to send Maldivian Rufiyaa from British Pound to your loved ones in Maldives is currently offered by Ria Money Transfer; their 1 GBP to MVR exchange rate today is 19.8187.

Remitly offers the next most competitive British Pound to Maldivian Rufiyaa exchange rate today (currently 1 GBP = 19.7800 MVR).

Were you looking to send money from Maldives to United Kingdom instead?

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.

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.


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 GBP20.41 MVR
5 GBP102.03 MVR
10 GBP204.06 MVR
25 GBP510.14 MVR
50 GBP1,020.29 MVR
100 GBP2,040.57 MVR
150 GBP3,060.86 MVR
200 GBP4,081.14 MVR
250 GBP5,101.43 MVR
300 GBP6,121.71 MVR
400 GBP8,162.28 MVR
500 GBP10,202.85 MVR
600 GBP12,243.42 MVR
700 GBP14,283.99 MVR
800 GBP16,324.56 MVR
1,000 GBP20,405.70 MVR
1,500 GBP30,608.55 MVR
2,000 GBP40,811.40 MVR
2,500 GBP51,014.25 MVR
3,000 GBP61,217.10 MVR
4,000 GBP81,622.80 MVR
5,000 GBP102,028.50 MVR
10,000 GBP204,057.00 MVR
15,000 GBP306,085.50 MVR
20,000 GBP408,114.00 MVR
30,000 GBP612,171.00 MVR
40,000 GBP816,228.00 MVR
50,000 GBP1,020,285.00 MVR
100,000 GBP2,040,570.00 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 UK to Maldives?

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 UK to Maldives. 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 MVR.

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 MVR in Maldives. 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 Maldives from UK. We provide you with maximum choices to send money to Maldives by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for your money transfers from UK to Maldives?

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 Maldives from UK.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your GBP to Maldivian Rufiyaa 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 MVR 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 for transferring money to Maldives from UK?

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 UK 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 transfer money from UK to Maldives?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your UK to Maldives money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like GBP to MVR transfers.

Given this, there are umpteen additional options to send money to Maldives instead of just your UK bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your British Pound even more so that your recipient in Maldives gets the maximum amount.


How to send money to Maldives from UK fast?

If you need to convert GBP to MVR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from UK to Maldives could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your British Pound to Maldivian Rufiyaa funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Maldives.

With so many choices available, make sure to compare various forex operators that enable you to remit money from UK to Maldives. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money to Maldives from UK?

The first step in selecting the best money transfer operators for UK to Maldives remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for British Pound to Maldivian Rufiyaa money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Maldives.


Step by step guide to send money to Maldives from UK

With so many possible ways to transfer British Pound to Maldivian Rufiyaa, 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 UK to Maldives 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 UK and the receiver in Maldives. 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 GBP to Maldivian Rufiyaa money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.