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"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Most transfers are instant or same-day. Customers can earn rewards on every transaction."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Overall best way: Wise
Wise scored the highest of the 3 money transfer companies supporting VES to GBP transfers.
In total, Wise appeared in 100% of Venezuela to United Kingdom searches.
For a great mix of cost, speed & features, we advise using Wise for your Venezuela to United Kingdom transfer.
How to compare companies offering money transfers from Venezuela to United Kingdom
- Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from Venezuela to the United Kingdom. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to the United Kingdom.
- Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from Venezuela to your chosen country & currency.
Summary of recent searches
Considerations for sending money from Venezuela to United Kingdom
Always compare ways to send money from Venezuela to the United Kingdom to get the best options for fees, speed, and reliability.
Our analysis included 3 providers that operate between Venezuela and United Kingdom.
Through this, you get a comprehensive view of all the options you have in Venezuela when you need to send money to the United Kingdom.
Cheapest way to transfer money to the United Kingdom from Venezuela: Wise
Of the 3 providers compared, data shows that Wise is 1% cheaper than the second-best option.
The is cost is made up of an average VES-GBP exchange rate that is 0% different to the mid-market rate and an average fee of 11.25* VES.
If you want to secure the best rates on a VES to United Kingdom transfer, Wise will result in the most Pound Sterling received.
*The most common fee applied to VES-GBP by Wise, based on data from the past six months.
Fastest way to send money to the United Kingdom from Venezuela: Wise.
In our comparison, we found Wise to be the fastest way to send Bolivars to Pound Sterling in 100% of transfers. For quick transfers between VES and GBP, Wise comes highly recommended.
Sending money from Venezuela to the United Kingdom through Wise has an average fee of 8.04 VES.
To find the fastest company, we compared 3 money transfer providers for the overall speed of sending money from Venezuela to the United Kingdom. This was made up of depositing Bolivar to a money transfer account and transfer times to the United Kingdom.
When looking for the fastest money transfer, Wise is our best choice for sending into United Kingdom from Venezuela.
Transfer a large amount of money
Wise is the best rated company for sending large amounts of Pound Sterling to the United Kingdom out of 3 companies offering the service.
Whether for a property purchase, or for business, sending large amounts of money to the United Kingdom from Venezuela has the potential to be very expensive.
Wise is our choice for big transfers to VES because of all round price, speed and management when making large transfers.
Understanding the cost of transferring money from Venezuela to United Kingdom
The total cost of money transfers from Venezuela to United Kingdom is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.
The Mid-Market and Exchange Rates: The mid-market rate for VES-GBP is currently 0.0169 GBP per Bolivar. Providers offering services closer to this rate will ensure more Pound Sterling for your Bolivars.
To give a historic average, over the last three months the VES-GBP mid-market rate has been 0.0206 GBP per Bolivar, this has had a high of 0.0217 and a low of 0.0202.
From the 3 companies compared, Instarem offers the best exchange rate on transfers to the United Kingdom and Venezuela.
Generally, the exchange rate you receive on converting VES to GBP will be the biggest factor impacting the cost of sending Bolivars to the United Kingdom.
Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Instarem at an average of 11.25 VES per transfer over the last 6 months. In all cases, we recommend searching for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount eventually received in Pound Sterling. Simply, the higher the amount received in Venezuela, the lower the cost of sending from the United Kingdom.
How to find the best exchange rate for Bolivar to Pound Sterling
Timing is essential for sending money between VES and GBP. The exchange rate you secure impacts how much GBP you get for your VES.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from VES to GBP has seen some fluctuation. On average, it stood at 0.0206.
During this period, the highest value recorded was 0.0217, while the lowest was 0.0202.
Wise, which is our recommended service to send money online from Venezuela to United Kingdom offers an exchange rate that is only 0.03% above the mid-market rate.
Want to secure the best VES-Pound Sterling exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Venezuela to United Kingdom!
How to pay for money transfers between Venezuela and United Kingdom
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Venezuela to the United Kingdom.
Using a money transfer company such as Wise for transfers from Venezuela to the United Kingdom, will mean being able to send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers of the 3 we compared for transfers from VES to the United Kingdom.
To send money from Venezuela to United Kingdom, Wise has an average fee of 9.03 VES.
Debit cards and prepaid options
Sending money from Venezuela to the United Kingdom with a debit card or a prepaid card is very simple with Wise.
Wise is the cheapest option for sending money with a debit card between Venezuela and the United Kingdom. This is of the 3 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card money transfers from Venezuela to the United Kingdom, Instarem emerges as our top choice of the 3 companies offering this service.
Be aware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United Kingdom and Venezuela.
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 Venezuela to United Kingdom.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send VES to GBP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
