Best companies for GBP/VES transfers
2 of 2 providers Last updated on 10 November 2026
Based on 6,000 GBP transfer Best companies for GBP/VES transfers Sort Cheapest
Promoted Regency FX Pay via Bank transfer	Fee £0.00 1 GBP = 1204.0152 VES +0.27% vs mid-market	Recipient gets VES 7,224,091.10 Minutes - 24 hours
9 reviews Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in Venezuela with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 GBP = 1204.0152 VES VES 7,224,091.10You pay£6,000.00
Promoted OFX Pay via Bank transfer	Fee £0.00 1 GBP = 1201.2385 VES +0.50% vs mid-market	Recipient gets VES 7,207,430.71 Minutes - 24 hours
7 reviews Personal account managerReceive to bank account
Ways to receive money in Venezuela with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 GBP = 1201.2385 VES VES 7,207,430.71You pay£6,000.00
Run a live search Showing top United Kingdom to Venezuela deals for 6,000 GBP. Do a live search with your exact amount for today's best rates.
Run a live search Showing companies that send from a business account. Run a business search to get live GBP to VES rates.
Run a live search These companies offer multi-currency accounts for spending VES. We suggest doing a live search based on how much GBP you're planning to spend in Venezuela.
Run a live search These are managed services with real human support for large GBP transfers. Click the link and update the transfer amount to get the best deal.
Exclusive: First Transfer Deal Regency FX Pay via Bank transfer	Fee £0.00 1 GBP = 1204.0152 VES +0.27% vs mid-market	Recipient gets VES 7,224,091.10 Minutes - 24 hours
9 reviews Cheapest Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in Venezuela with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 GBP = 1204.0152 VES VES 7,224,091.10You pay£6,000.00
OFX Pay via Bank transfer	Fee £0.00 1 GBP = 1201.2385 VES +0.50% vs mid-market	Recipient gets VES 7,207,430.71 Minutes - 24 hours
7 reviews FastestOur top pick Personal account managerReceive to bank account
Ways to receive money in Venezuela with OFX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 GBP = 1201.2385 VES VES 7,207,430.71You pay£6,000.00
How Our Results Work Mid-market rate: 1 GBP = 1207.2748 VES Updates every 60 minutes.

Why compare

GBP/VES exchange rate

Best ways to pay & receive

Transfer speed

How to send money from UK to Venezuela

Pick a company

For a one-off GBP transfer to Venezuela, I suggest picking the cheapest option which is Regency FX.

Regency FX was the cheapest on 30 of the 30 days it quoted £6,000 transfers to Venezuela.

On a 6,000 GBP transfer, Regency FX delivers the most VES.

The best option will change depending on how much you actually send, so I suggest to get the best GBP/VES rate.

Fund your transfer

You have 1 ways to pay, including bank transfer.

Paying from your bank is usually the fastest, since most companies connect to your banking app via Open Banking.

Anywhere a debit card works, Apple Pay and Google Pay usually do too.

Verify and send

First time round you'll need to confirm your name, date of birth, address and a photo ID.

On a £6,000 transfer the verification is normally instant but can take a couple of hours.

Compare amounts

How much GBP are you sending to Venezuela?

How much GBP you send to Venezuela heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Regency FX was the cheapest in 100% of the transfers from £6,000 it quoted, and in 100% of all the transfers it quoted.


£500	-8.38%	£0.00	VES 656,405.00with bank transfer to bank deposit	+VES 47,934.55
£1,000	-8.36%	£0.00	VES 1,311,840.00with bank transfer to bank deposit	+VES 81,208.89
£2,000	-6.90%	£0.00	VES 2,585,460.00with bank transfer to bank deposit	+VES 60,432.52
£6,000This page	0.27%	£0.00	VES 7,224,091.10with bank transfer to bank deposit	+VES 8,330.20
£10,000	0.27%	£0.00	VES 12,036,264.69with bank transfer to bank deposit	+VES 13,879.17
£50,000	0.25%	£0.00	VES 60,180,031.65with bank transfer to bank deposit	+VES 75,413.57
£250,000	0.20%	£0.00	VES 301,117,822.47with bank transfer to bank deposit	+VES 452,581.89

Mid-market rate: 1 GBP = 1207.2748 VES

GBP/VES Exchange Rate History

Is today a good time to send money from UK to Venezuela?

The cheapest way to send GBP to VES can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Regency FX), across 30 days of comparisons for 6,000 GBP transfers to Venezuela.

Each line shows what the recipient gets when you send £6,000, after fees, as quoted by each company. The mid-market line shows what £6,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more VES per GBP than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of VES on every transfer from the UK.

Right now, Regency FX pays 7,224,091.10 VES on 6,000 GBP, which is 19,557.85 VES less than the mid-market amount.

Today's payout is the highest in the past month.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Venezuela.

We've tracked 209 comparisons to check how often today's top companies were the cheapest across 7 amounts over the past month.

Regency FXAppeared in 119 comparisons
Cheapest every time
OFXAppeared in 208 comparisons
Cheapest in 1% of them

Based on 209 comparisons across 7 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Regency FX is the cheapest and gets you the most VES, and it was also the cheapest in 100% of the 119 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Venezuela.

OFX (today's second cheapest) was the cheapest in only 1% of its comparisons, so it's rarely the cheapest option for transfers to Venezuela.

Ways to send money from the UK to Venezuela

There are many ways to send money to Venezuela from the UK, including currency broker, and more.

For large transfers

Brokers

Currency brokers like Regency FX are the best for £10,000+ transfers (things like house deposits, education fees, relocation, etc.).

You get a dedicated account manager to handle your transfer to Venezuela, and real human support.

Regency FX charges no fees on large transfers, but adds 0.27% markup on top of the current GBP/VES rate.

The markup gets better the more GBP you send, so we suggest .

Our analysis shows Regency FX was the cheapest broker in 100% of the transfers from £6,000 it quoted.

For business transfers

Global accounts

Global accounts are for UK businesses making payments overseas.

For suppliers, freelancers, salaries, or invoices in Venezuela, companies like Airwallex, WorldFirst, or Payoneer handle batch and recurring payments a consumer app simply can’t.

Ways to fund GBP and receive VES in Venezuela

Pay-in and pay-out methods will affect how much GBP you deposit and how much VES your recipient gets. Use the table below to see how different options change how much you pay and what they get.

The overall best and cheapest way to send £6,000 to Venezuela is via Regency FX, using a bank transfer to deposit GBP and bank deposit to receive VES.

Depositing GBP

You have 1 pay-in options for transfers to Venezuela, including bank transfer.

The cheapest pay-in option is bank transfer.

The fastest option in the UK is almost always bank transfer, since most companies use Open Banking and Faster Payments System (FPS).

The most expensive deposit option is bank transfer.

Be careful with credit card deposits, since your bank often treats it as a cash advance and will charge interest.

Receiving money in Venezuela

Money can reach Venezuela by bank deposit, and each delivery method comes with its own fees.

The cheapest way to receive money in Venezuela is with bank deposit on average.

Digital wallets

Your recipient can receive VES directly into a digital wallet (like PayPal or similar) which usually takes a few minutes to arrive.

1

Bank transfer Bank deposit

You pay £6,000.00

Bs7,224,091

Cheapest

Consider this when sending GBP to Venezuela

There are a few nuances you should consider before sending GBP to Venezuela such as limits, taxes, and safety.

Compare GBP/VES transfer options

Right now, these are the best money transfer options for a £6,000 transfer to Venezuela:

Cheapest way to send money to Venezuela

The cheapest way is to use Regency FX, pay in with a bank transfer and withdraw via bank deposit. You will get Bs7,224,091.10, which is 0.23% more than the next best option.

Fastest way to send money to Venezuela

The fastest way is to use Regency FX via bank transfer deposit and bank deposit for pay out. You get Bs7,224,091.10 and it will arrive in minutes - 24 hours.

UK transfer limits

There is no legal limit and no tax on sending your own money abroad.

Main hard limits come from your bank or money transfer company, often around £10,000 to £25,000 online (which you can usually increase in the app).

Also, the "£10,000 declaration" only applies to physically carrying cash through the border, not online transfers.

And on bigger GBP/VES transfers (roughly £10,000 up) expect a source-of-funds check, such as a payslip or a statement.

These are anti-money-laundering checks, and they can hold your transfer up, so have the documents ready.

The transfer costs involved

Your cost is the fee plus the exchange-rate margin.

For example, sending £6,000 with Regency FX will get you 7,224,091.10 VES, that’s including £0 fee and 0.27% in exchange rate markup.

Taxes on money transfers

There is no UK tax for the act of sending money to Venezuela.

And, regular gifts from your normal income are free of inheritance tax straight away, with no cap and no seven-year wait, as long as you can still cover your usual living costs.

Staying safe when sending abroad

Only ever use a provider authorised by the FCA, which you can check on the FCA register in under a minute.

The rules in place for any scams cover domestic pound transfers only, on a transfer abroad you're less protected.

Always confirm who you're really sending to before you send, because there's little recourse after.

For more information, check our guide to money transfer regulations in the UK.

How we analyse the market

We track 2 regulated companies offering money transfers from the UK to Venezuela in real time.

We analyse the fees, exchange rates, deposit/withdrawal methods, and each goes through our internal review.

Most GBP/VES pricing data comes directly from the providers. We collect the rest manually, run it through our comparison engine and label it in the table.

In the past 30 days alone, we analysed 209 comparisons across 7 amounts.

This page covers the cheapest and fastest options for GBP/VES transfers. This is how we pick them:

Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

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Mon, 12 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1159.4853	–	VES 6,956,912.06
Regency FX Cheapest	1156.3547	£0.00	VES 6,938,128.40	−VES 18,783.66
OFX	1153.6879	£0.00	VES 6,922,127.50	−VES 34,784.56

Tue, 13 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1159.1558	–	VES 6,954,934.52
Regency FX Cheapest	1156.0260	£0.00	VES 6,936,156.20	−VES 18,778.32
OFX	1153.3600	£0.00	VES 6,920,159.85	−VES 34,774.67

Wed, 14 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1151.8828	–	VES 6,911,296.66
Regency FX Cheapest	1148.7727	£0.00	VES 6,892,636.16	−VES 18,660.50
OFX	1146.1234	£0.00	VES 6,876,740.18	−VES 34,556.48

Thu, 15 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1163.5385	–	VES 6,981,230.94
Regency FX Cheapest	1160.3969	£0.00	VES 6,962,381.62	−VES 18,849.32
OFX	1157.7208	£0.00	VES 6,946,324.79	−VES 34,906.15

Fri, 16 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1170.8271	–	VES 7,024,962.32
Regency FX Cheapest	1167.6658	£0.00	VES 7,005,994.92	−VES 18,967.40
OFX	1164.9729	£0.00	VES 6,989,837.51	−VES 35,124.81

Sat, 17 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1168.6435	–	VES 7,011,860.81
Regency FX Cheapest	1165.4881	£0.00	VES 6,992,928.79	−VES 18,932.02
OFX	1162.8003	£0.00	VES 6,976,801.51	−VES 35,059.30

Mon, 19 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1171.3345	–	VES 7,028,006.95
Regency FX Cheapest	1168.1719	£0.00	VES 7,009,031.33	−VES 18,975.62
OFX	1165.4778	£0.00	VES 6,992,866.92	−VES 35,140.03

Tue, 20 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1174.3828	–	VES 7,046,296.94
Regency FX Cheapest	1171.2120	£0.00	VES 7,027,271.94	−VES 19,025.00
OFX	1168.5109	£0.00	VES 7,011,065.46	−VES 35,231.48

Wed, 21 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1178.3387	–	VES 7,070,032.12
Regency FX Cheapest	1175.1572	£0.00	VES 7,050,943.04	−VES 19,089.08
OFX	1172.4470	£0.00	VES 7,034,681.96	−VES 35,350.16

Thu, 22 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1179.5770	–	VES 7,077,461.80
Regency FX Cheapest	1176.3921	£0.00	VES 7,058,352.65	−VES 19,109.15
OFX	1173.6791	£0.00	VES 7,042,074.49	−VES 35,387.31

Fri, 23 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1176.9043	–	VES 7,061,425.61
Regency FX Cheapest	1173.7266	£0.00	VES 7,042,359.76	−VES 19,065.85
OFX	1171.0197	£0.00	VES 7,026,118.49	−VES 35,307.12

Sat, 24 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1176.6737	–	VES 7,060,041.93
Regency FX Cheapest	1173.4966	£0.00	VES 7,040,979.82	−VES 19,062.11
OFX	1170.7903	£0.00	VES 7,024,741.72	−VES 35,300.21

Mon, 26 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1174.2966	–	VES 7,045,779.74
Regency FX Cheapest	1171.1260	£0.00	VES 7,026,756.13	−VES 19,023.61
OFX	1168.4251	£0.00	VES 7,010,550.84	−VES 35,228.90

Tue, 27 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1145.5032	–	VES 6,873,019.43
Regency FX Cheapest	1142.4104	£0.00	VES 6,854,462.28	−VES 18,557.15
OFX	1139.7757	£0.00	VES 6,838,654.34	−VES 34,365.09

Wed, 28 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1178.8798	–	VES 7,073,278.81
Regency FX Cheapest	1175.6968	£0.00	VES 7,054,180.96	−VES 19,097.85
OFX	1172.9854	£0.00	VES 7,037,912.42	−VES 35,366.39

Thu, 29 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1181.3390	–	VES 7,088,033.95
Regency FX Cheapest	1178.1494	£0.00	VES 7,068,896.25	−VES 19,137.70
OFX	1175.4323	£0.00	VES 7,052,593.78	−VES 35,440.17

Fri, 30 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1189.5316	–	VES 7,137,189.65
Regency FX Cheapest	1186.3199	£0.00	VES 7,117,919.24	−VES 19,270.41
OFX	1183.5839	£0.00	VES 7,101,503.70	−VES 35,685.95

Sat, 31 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1189.0011	–	VES 7,134,006.31
Regency FX Cheapest	1185.7907	£0.00	VES 7,114,744.49	−VES 19,261.82
OFX	1183.0560	£0.00	VES 7,098,336.28	−VES 35,670.03

Sun, 1 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1188.9567	–	VES 7,133,740.12
Regency FX Cheapest	1185.7465	£0.00	VES 7,114,479.02	−VES 19,261.10
OFX	1183.0119	£0.00	VES 7,098,071.42	−VES 35,668.70

Mon, 2 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1190.6008	–	VES 7,143,604.90
Regency FX Cheapest	1187.3862	£0.00	VES 7,124,317.17	−VES 19,287.73
OFX	1184.6478	£0.00	VES 7,107,886.88	−VES 35,718.02

Tue, 3 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1190.7925	–	VES 7,144,755.07
Regency FX Cheapest	1187.5774	£0.00	VES 7,125,464.23	−VES 19,290.84
OFX	1184.8385	£0.00	VES 7,109,031.29	−VES 35,723.78

Wed, 4 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1199.7532	–	VES 7,198,519.39
Regency FX Cheapest	1196.5139	£0.00	VES 7,179,083.39	−VES 19,436.00
OFX	1193.7545	£0.00	VES 7,162,526.80	−VES 35,992.59

Thu, 5 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1204.9463	–	VES 7,229,678.05
Regency FX Cheapest	1201.6930	£0.00	VES 7,210,157.92	−VES 19,520.13
OFX	1198.9216	£0.00	VES 7,193,529.66	−VES 36,148.39

Fri, 6 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1198.1059	–	VES 7,188,635.23
Regency FX Cheapest	1194.8710	£0.00	VES 7,169,225.92	−VES 19,409.31
OFX	1192.1153	£0.00	VES 7,152,692.06	−VES 35,943.17

Sat, 7 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	1197.2098	–	VES 7,183,258.88
Regency FX Cheapest	1193.9773	£0.00	VES 7,163,864.09	−VES 19,394.79
OFX	1191.2238	£0.00	VES 7,147,342.59	−VES 35,916.29

How to send money to Venezuela from the UK with the best GBP-VES rate

Best companies for GBP/VES transfers