Overall best way: Payoneer
Payoneer scored the highest of the 3 money transfer companies supporting MMK to GBP transfers.
In total, Payoneer appeared in 100% of Myanmar [Burma] to United Kingdom searches.
For a great mix of cost, speed & features, we advise using Payoneer for your Myanmar [Burma] to United Kingdom transfer.
How to compare companies offering money transfers from Myanmar Burma to United Kingdom
Considerations for sending money from Myanmar Burma to United Kingdom
Always compare ways to send money from Myanmar [Burma] to the United Kingdom to get the best options for fees, speed, and reliability.
Our analysis included 3 providers that operate between Myanmar [Burma] and United Kingdom.
Through this, you get a comprehensive view of all the options you have in Myanmar [Burma] when you need to send money to the United Kingdom.
Cheapest way to send money from Myanmar [Burma] to the United Kingdom: Sokin
On average, Sokin fees were 0* MMK per transfer and customers would expect an exchange rate between MMK-GBP that is 0.5% different to the mid-market rate
Against the others tested, Sokin is 0.7% cheaper than the second-best option.
To secure a cheap way to transfer MMK to the United Kingdom, Sokin is our recommendation.
*The most common fee applied to MMK-GBP by Sokin, based on data from the past six months.
Fastest way to send money to the United Kingdom from Myanmar [Burma]: Payoneer.
In our comparison, we found Payoneer to be the fastest way to send Kyats to Pound Sterling in 100% of transfers. For quick transfers between MMK and GBP, Payoneer comes highly recommended.
Sending money from Myanmar [Burma] to the United Kingdom through Payoneer has an average fee of 0 MMK.
To find the fastest company, we compared 3 money transfer providers for the overall speed of sending money from Myanmar [Burma] to the United Kingdom. This was made up of depositing Kyat to a money transfer account and transfer times to the United Kingdom.
When looking for the fastest money transfer, Payoneer is our best choice for sending into United Kingdom from Myanmar [Burma].
Sending large amounts of money
Of the 3 companies compared, Payoneer has the strongest option for large transfers from Myanmar [Burma] to the United Kingdom.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Kyat to Pound Sterling.
The Payoneer rate makes them great for large transfers between the United Kingdom and Myanmar [Burma].
Understanding the cost of transferring money to United Kingdom from {countryFromName}}
Fees and exchange rates make up the total cost of sending money from United Kingdom to the United Kingdom. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current MMK-GBP mid-market rate is 0.0002 GBP per Kyat. You will get more Pound Sterling for your Kyats if you find a provider close to this number.
For context, over the last three months the MMK-GBP mid-market rate has had a high of 0.0004, a low of 0.0002 and averaged 0.0002 GBP per Kyat.
Across the 3 companies compared, the best exchange rate is with Payoneer.
Unless fees are unusually high, the exchange rate you receive on converting MMK to GBP will be the biggest determining factor when working out the cost of transferring Kyats to the United Kingdom.
Fees: Transfer fees are charged as part of the transfer. Sokin at an average of 0 MMK per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Pound Sterling eventually received in the United Kingdom. You can assume that a lower cost of sending from Myanmar [Burma] will result in more money received in the United Kingdom.
How to find the best exchange rate for Kyat to Pound Sterling
Timing is essential for sending money between MMK and GBP. The exchange rate you secure impacts how much GBP you get for your MMK.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from MMK to GBP has seen some fluctuation. On average, it stood at 0.0002.
During this period, the highest value recorded was 0.0004, while the lowest was 0.0002.
Payoneer, which is our recommended service to send money online from Myanmar [Burma] to United Kingdom offers an exchange rate that is only 1.5% above the mid-market rate.
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Payment options for transfers from Myanmar Burma to United Kingdom
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United Kingdom and Myanmar [Burma].
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Myanmar [Burma] to United Kingdom.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MMK to GBP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.