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

Compare today's GBP to MNT (British Pound to Mongolian Togrog) exchange rates

United Kingdom
Mongolia
GBP
Interbank Exchange Rate: 1 GBP = 4,733.4100 MNT
Updated about an hour ago

Found 3 Remittance Service Providers

(*)(*)(*)(*)( )
1000 GBP =
4 627 030.00 MNT
Transfer Limit (GBP): 0 - 20000
Locked-In Rate1 GBP = 4,627.0300 MNT

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)(*)
1000 GBP =
4 561 614.70 MNT
Transfer Limit (GBP): No Limits
Locked-In Rate1 GBP = 4,561.6147 MNT
(*)(*)(*)(*)(*)
1000 GBP =
4 497 850.00 MNT
Transfer Limit (GBP): 1 - 8000
Locked-In Rate1 GBP = 4,497.8500 MNT

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 Mongolian Togrog money transfers

Easily compare money transfer providers in one place to send money from United Kingdom to Mongolia. Send money overseas to your loved ones by comparing British Pound (GBP) to Mongolian Togrog (MNT) 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 Mongolia.

The best rate to send Mongolian Togrog from British Pound to your loved ones in Mongolia is currently offered by Remitly; their 1 GBP to MNT exchange rate today is 4,627.0300.

Western Union offers the next most competitive British Pound to Mongolian Togrog exchange rate today (currently 1 GBP = 4,561.6147 MNT).

Were you looking to send money from Mongolia 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 MNT Conversion Rates

Here are some latest GBP to MNT (British Pound to Mongolian Togrog) exchange rates for popular conversion amounts*.

1 GBP4,733.41 MNT
5 GBP23,667.05 MNT
10 GBP47,334.10 MNT
25 GBP118,335.25 MNT
50 GBP236,670.50 MNT
100 GBP473,341.00 MNT
150 GBP710,011.50 MNT
200 GBP946,682.00 MNT
250 GBP1,183,352.50 MNT
300 GBP1,420,023.00 MNT
400 GBP1,893,364.00 MNT
500 GBP2,366,705.00 MNT
600 GBP2,840,046.00 MNT
700 GBP3,313,387.00 MNT
800 GBP3,786,728.00 MNT
1,000 GBP4,733,410.00 MNT
1,500 GBP7,100,115.00 MNT
2,000 GBP9,466,820.00 MNT
2,500 GBP11,833,525.00 MNT
3,000 GBP14,200,230.00 MNT
4,000 GBP18,933,640.00 MNT
5,000 GBP23,667,050.00 MNT
10,000 GBP47,334,100.00 MNT
15,000 GBP71,001,150.00 MNT
20,000 GBP94,668,200.00 MNT
30,000 GBP142,002,300.00 MNT
40,000 GBP189,336,400.00 MNT
50,000 GBP236,670,500.00 MNT
100,000 GBP473,341,000.00 MNT

*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 Mongolia?

It can be very confusing when sending money from UK to Mongolia given so many choices. Additionally, British Pound to MNT 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 UK to Mongolia 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 Mongolia from UK. 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 British Pound to Mongolian Togrog remittances.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Mongolia from UK. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your GBP to Mongolian Togrog money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the UK to Mongolia corridor to give you more good choices for your next MNT money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from UK to Mongolia?

When you want to send money to Mongolia from UK, you obviously want the cheapest possible option to maximize the money your recipient gets in Mongolian Togrog. 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 MNT 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 UK to Mongolia. 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 UK to Mongolia 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 Mongolian Togrog overseas.


Should I use my bank to transfer money from UK to Mongolia?

Bank transfers have been a traditionally popular way to send money overseas from UK to Mongolia. 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 MNT 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 UK bank for your Mongolia 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.


What is the fastest way to transfer money from UK to Mongolia?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from UK to Mongolia. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert GBP to MNT fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your British Pound amount reaching Mongolia. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Mongolian Togrog quickly to Mongolia, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

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 UK to Mongolia, 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 Mongolian Togrog 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 MNT money transfers to Mongolia. 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 Mongolia getting more money for every British Pound you send.


Step by step guide to send money to Mongolia from UK

Follow the below easy steps to send money to Mongolia from UK.

  • 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 UK bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Mongolia).
  • 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 MNT 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.