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Compare today's VEF to XCD (Venezuelan Bolivar to East Caribbean Dollar) exchange rates

Venezuela
Dominica
VEF

Interbank Exchange Rate: 1 VEF = 0.0001 XCD
Updated over 24 hours ago

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All you need to know about Venezuelan Bolivar to East Caribbean Dollar money transfers

Easily compare money transfer providers in one place to send money from Venezuela to Dominica. Send money overseas to your loved ones by comparing Venezuelan Bolivar (VEF) to East Caribbean Dollar (XCD) 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 Venezuela.

Were you looking to send money from Dominica to Venezuela 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 VEF to XCD Conversion Rates

Here are some latest VEF to XCD (Venezuelan Bolivar to East Caribbean Dollar) exchange rates for popular conversion amounts*.

1 VEF0.00 XCD
5 VEF0.00 XCD
10 VEF0.00 XCD
25 VEF0.00 XCD
50 VEF0.01 XCD
100 VEF0.01 XCD
150 VEF0.02 XCD
200 VEF0.02 XCD
250 VEF0.03 XCD
300 VEF0.03 XCD
400 VEF0.04 XCD
500 VEF0.05 XCD
600 VEF0.06 XCD
700 VEF0.07 XCD
800 VEF0.08 XCD
1,000 VEF0.10 XCD
1,500 VEF0.15 XCD
2,000 VEF0.20 XCD
2,500 VEF0.25 XCD
3,000 VEF0.30 XCD
4,000 VEF0.40 XCD
5,000 VEF0.50 XCD
10,000 VEF1.00 XCD
15,000 VEF1.50 XCD
20,000 VEF2.00 XCD
30,000 VEF3.00 XCD
40,000 VEF4.00 XCD
50,000 VEF5.00 XCD
100,000 VEF10.00 XCD

*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 from Venezuela to Dominica?

There are many good choices when it comes to sending money from Venezuela to Dominica. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Venezuelan Bolivar to XCD money transfers.

We compare different remittance companies to bring you the best options to send money to Dominica from Venezuela. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Venezuelan Bolivar to East Caribbean Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.


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

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your VEF to East Caribbean Dollar money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Venezuela to Dominica. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for VEF to XCD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money from Venezuela to Dominica?

The final amount your recipient gets when you send VEF to XCD 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 Venezuela to Dominica 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 East Caribbean 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 Venezuelan Bolivar to Dominica 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 send money from Venezuela to Dominica?

Bank transfers have been a traditionally popular way to send money overseas from Venezuela to Dominica. 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 VEF to XCD 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 Venezuela bank for your Dominica 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.


How to send money from Venezuela to Dominica fast?

The speed of your Venezuelan Bolivar to East Caribbean Dollar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert VEF to XCD. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Dominica from Venezuela is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Dominica if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout XCD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Venezuela bank to Dominica bank transfer.


Which are the best money transfer companies to transfer money to Dominica from Venezuela?

Comparing money transfer companies for sending money to Dominica from Venezuela 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 Dominica. 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 Venezuelan Bolivar to East Caribbean Dollar 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 East Caribbean Dollar yield on every Venezuelan Bolivar that you send.


Step by step guide to do a money transfer from Venezuela to Dominica

With so many possible ways to transfer Venezuelan Bolivar to East Caribbean Dollar, 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 Venezuela to Dominica 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 Venezuela and the receiver in Dominica. 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 VEF to East Caribbean Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.