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

Venezuela
United Kingdom
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 United Kingdom. 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.

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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 send money to UK from Venezuela?

With the global remittance market booming, there are so many choices for Venezuelan Bolivar to GBP money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to UK from Venezuela. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final GBP amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for sending money from Venezuela to UK?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to UK from Venezuela. 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 VEF to British Pound 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 Venezuela to UK corridor to give you more good choices for your next GBP money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to transfer money from Venezuela to UK?

When you want to send money to UK 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 UK. 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 UK 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.


How to send money from Venezuela to UK through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Venezuela to UK money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like VEF to GBP transfers.

Given this, there are umpteen additional options to send money to UK instead of just your Venezuela bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Venezuelan Bolivar even more so that your recipient in UK gets the maximum amount.


What is the fastest way to do a money transfer to UK from Venezuela?

The first thing to do when you need to convert VEF to GBP quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Venezuelan Bolivar and British Pound. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Venezuela to UK remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to UK.


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

The first step in selecting the best money transfer operators for Venezuela to UK 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 Venezuelan Bolivar to British Pound 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 UK.


Step by step guide to send money to UK from Venezuela

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

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