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Compare today's GBP to KPW (British Pound to North Korean Won) exchange rates

United Kingdom
North Korea
GBP
Interbank Exchange Rate: 1 GBP = 1,200.0641 KPW
Updated about an hour ago

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All you need to know about British Pound to North Korean Won money transfers

Easily compare money transfer providers in one place to send money from United Kingdom to North Korea. Send money overseas to your loved ones by comparing British Pound (GBP) to North Korean Won (KPW) 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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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 KPW Conversion Rates

Here are some latest GBP to KPW (British Pound to North Korean Won) exchange rates for popular conversion amounts*.

1 GBP1,200.06 KPW
5 GBP6,000.32 KPW
10 GBP12,000.64 KPW
25 GBP30,001.60 KPW
50 GBP60,003.21 KPW
100 GBP120,006.41 KPW
150 GBP180,009.62 KPW
200 GBP240,012.82 KPW
250 GBP300,016.03 KPW
300 GBP360,019.23 KPW
400 GBP480,025.64 KPW
500 GBP600,032.05 KPW
600 GBP720,038.46 KPW
700 GBP840,044.87 KPW
800 GBP960,051.28 KPW
1,000 GBP1,200,064.10 KPW
1,500 GBP1,800,096.15 KPW
2,000 GBP2,400,128.20 KPW
2,500 GBP3,000,160.25 KPW
3,000 GBP3,600,192.30 KPW
4,000 GBP4,800,256.40 KPW
5,000 GBP6,000,320.50 KPW
10,000 GBP12,000,641.00 KPW
15,000 GBP18,000,961.50 KPW
20,000 GBP24,001,282.00 KPW
30,000 GBP36,001,923.00 KPW
40,000 GBP48,002,564.00 KPW
50,000 GBP60,003,205.00 KPW
100,000 GBP120,006,410.00 KPW

*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 North Korea from UK?

It can be very confusing when sending money from UK to North Korea given so many choices. Additionally, British Pound to KPW 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 North Korea 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 North Korea 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 North Korean Won remittances.


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

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 North Korea from UK.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your GBP to North Korean Won 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 KPW 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 from UK to North Korea?

When you want to send money to North Korea from UK, you obviously want the cheapest possible option to maximize the money your recipient gets in North Korean Won. 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 KPW 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 North Korea. 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 North Korea 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 North Korean Won overseas.


Should I use my bank to send money from UK to North Korea?

Bank transfers have been a traditionally popular way to send money overseas from UK to North Korea. 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 KPW 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 North Korea 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 do a money transfer to North Korea from UK?

It could be a stressful experience if you need to rush money quickly from UK to North Korea. 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 KPW. 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 North Korean Won. 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 UK to North Korea money transfers.


Which are the best money transfer companies to transfer money to North Korea from UK?

The first step in selecting the best money transfer operators for UK to North Korea 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 North Korean Won 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 North Korea.


Step by step guide to send money to North Korea from UK

With so many possible ways to transfer British Pound to North Korean Won, 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 North Korea 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 North Korea. 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 North Korean Won money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.