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

Compare today's VEF to GBP (Venezuelan Bolivar to British Pound) exchange rates

Venezuela
Jersey
VEF

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

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All you need to know about Venezuelan Bolivar to British Pound money transfers

Easily compare money transfer providers in one place to send money from Venezuela to Jersey. Send money overseas to your loved ones by comparing Venezuelan Bolivar (VEF) to British Pound (GBP) 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 Jersey 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 GBP Conversion Rates

Here are some latest VEF to GBP (Venezuelan Bolivar to British Pound) exchange rates for popular conversion amounts*.

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

*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 Venezuela to Jersey?

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 Venezuela to Jersey. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Venezuelan Bolivar to GBP.

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 VEF to GBP in Jersey. 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 Jersey from Venezuela. We provide you with maximum choices to send money to Jersey by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Jersey from Venezuela?

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 British Pound 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 Jersey. 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 GBP remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way for transferring money to Jersey from Venezuela?

When you want to send money to Jersey from Venezuela, you obviously want the cheapest possible option to maximize the money your recipient gets in British Pound. 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 VEF to GBP 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 Venezuela to Jersey. 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 Venezuela to Jersey 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 British Pound overseas.


Should I use my bank to send money from Venezuela to Jersey?

We do not recommend using your local bank in Venezuela for your next VEF to GBP overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Venezuela to Jersey (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending GBP to Jersey. These companies will let you use your local bank account in Venezuela to pay for your Jersey money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to transfer money from Venezuela to Jersey?

The speed of your Venezuelan Bolivar to British Pound 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 GBP. 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 Jersey 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 Jersey 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 GBP into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Venezuela bank to Jersey bank transfer.


Which are the best money transfer companies to send money to Jersey from Venezuela?

Since the Venezuelan Bolivar to British Pound money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Venezuela that may also be able to send money to Jersey. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your VEF to GBP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Jersey gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Venezuela to Jersey transaction.


Step by step guide to send money from Venezuela to Jersey

The first step to send money to Jersey from Venezuela is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your VEF to GBP overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Jersey if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Venezuela bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Jersey!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Venezuela to Jersey.