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Compare today's VEF to ILS (Venezuelan Bolivar to Israeli New Sheqel) exchange rates

Venezuela
Israel
VEF

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

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All you need to know about Venezuelan Bolivar to Israeli New Sheqel money transfers

Easily compare money transfer providers in one place to send money from Venezuela to Israel. Send money overseas to your loved ones by comparing Venezuelan Bolivar (VEF) to Israeli New Sheqel (ILS) 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.

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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 ILS Conversion Rates

Here are some latest VEF to ILS (Venezuelan Bolivar to Israeli New Sheqel) exchange rates for popular conversion amounts*.

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

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


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

It can be very confusing when sending money from Venezuela to Israel given so many choices. Additionally, Venezuelan Bolivar to ILS 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 Venezuela to Israel 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 Israel from Venezuela. 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 Venezuelan Bolivar to Israeli New Sheqel remittances.


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

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Israel.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Venezuela to Israel transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your VEF to Israeli New Sheqel money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


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

One of the most important things to watch out for is hidden fees when sending money to Israel from Venezuela. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Israel using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Israeli New Sheqel foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best VEF to Israel exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Israel from Venezuela.


Should I use my bank to transfer money from Venezuela to Israel?

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 VEF to ILS 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 Venezuela to Israel 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 Israel from Venezuela. They do this by letting you fund your transaction through your local bank account in Venezuela, and by allowing you to choose the payout to be your recipient's bank account in Israel. 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 Venezuela to Israel?

The speed of your Venezuelan Bolivar to Israeli New Sheqel 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 ILS. 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 Israel 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 Israel 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 ILS into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Venezuela bank to Israel bank transfer.


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

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 Venezuela to Israel, 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 Venezuelan Bolivar to Israeli New Sheqel 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 ILS money transfers to Israel. 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 Israel getting more money for every Venezuelan Bolivar you send.


Step by step guide to transfer money to Israel from Venezuela

There are many important aspects of Venezuela to Israel remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Venezuela bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include ILS bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Venezuelan Bolivar amount you want to send from Venezuela.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Israel to validate that they get the money once the transaction clears.