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

Compare today's BSD to BBD (Bahamian Dollar to Barbadian Dollar) exchange rates

Bahamas
Barbados
BSD

Interbank Exchange Rate: 1 BSD = 2.0000 BBD
Updated about an hour ago

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All you need to know about Bahamian Dollar to Barbadian Dollar money transfers

Easily compare money transfer providers in one place to send money from Bahamas to Barbados. Send money overseas to your loved ones by comparing Bahamian Dollar (BSD) to Barbadian Dollar (BBD) 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 Bahamas.

Were you looking to send money from Barbados to Bahamas 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 BSD to BBD Conversion Rates

Here are some latest BSD to BBD (Bahamian Dollar to Barbadian Dollar) exchange rates for popular conversion amounts*.

1 BSD2.00 BBD
5 BSD10.00 BBD
10 BSD20.00 BBD
25 BSD50.00 BBD
50 BSD100.00 BBD
100 BSD200.00 BBD
150 BSD300.00 BBD
200 BSD400.00 BBD
250 BSD500.00 BBD
300 BSD600.00 BBD
400 BSD800.00 BBD
500 BSD1,000.00 BBD
600 BSD1,200.00 BBD
700 BSD1,400.00 BBD
800 BSD1,600.00 BBD
1,000 BSD2,000.00 BBD
1,500 BSD3,000.00 BBD
2,000 BSD4,000.00 BBD
2,500 BSD5,000.00 BBD
3,000 BSD6,000.00 BBD
4,000 BSD8,000.00 BBD
5,000 BSD10,000.00 BBD
10,000 BSD20,000.00 BBD
15,000 BSD30,000.00 BBD
20,000 BSD40,000.00 BBD
30,000 BSD60,000.00 BBD
40,000 BSD80,000.00 BBD
50,000 BSD100,000.00 BBD
100,000 BSD200,000.00 BBD

*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 Bahamas to Barbados?

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 Bahamas to Barbados. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Bahamian Dollar to BBD.

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 BSD to BBD in Barbados. 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 Barbados from Bahamas. We provide you with maximum choices to send money to Barbados by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for your money transfers from Bahamas to Barbados?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Barbados.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Bahamas to Barbados transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your BSD to Barbadian Dollar money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money from Bahamas to Barbados?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Bahamas to Barbados via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Bahamian Dollar to Barbadian Dollar remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Bahamas to Barbados exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for BSD to BBD remittances.


Should I use my bank to transfer money from Bahamas to Barbados?

Bank transfers have been a traditionally popular way to send money overseas from Bahamas to Barbados. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the BSD to BBD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Bahamas bank for your Barbados money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money to Barbados from Bahamas fast?

If you need to convert BSD to BBD as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Bahamas to Barbados could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Bahamian Dollar to Barbadian Dollar funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Barbados.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Bahamas to Barbados. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money from Bahamas to Barbados?

The first step in selecting the best money transfer operators for Bahamas to Barbados 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 Bahamian Dollar to Barbadian Dollar 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 Barbados.


Step by step guide to do a money transfer from Bahamas to Barbados

With so many possible ways to transfer Bahamian Dollar to Barbadian Dollar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Bahamas to Barbados remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Bahamas and the receiver in Barbados. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your BSD to Barbadian Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.