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

Compare today's BSD to CAD (Bahamian Dollar to Canadian Dollar) exchange rates

Bahamas
Canada
BSD
Interbank Exchange Rate: 1 BSD = 1.4040 CAD
Updated about an hour ago

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

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

Were you looking to send money from Canada to Bahamas instead?

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.

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.


Latest BSD to CAD Conversion Rates

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

1 BSD1.40 CAD
5 BSD7.02 CAD
10 BSD14.04 CAD
25 BSD35.10 CAD
50 BSD70.20 CAD
100 BSD140.40 CAD
150 BSD210.60 CAD
200 BSD280.80 CAD
250 BSD351.00 CAD
300 BSD421.20 CAD
400 BSD561.60 CAD
500 BSD702.00 CAD
600 BSD842.40 CAD
700 BSD982.80 CAD
800 BSD1,123.20 CAD
1,000 BSD1,404.00 CAD
1,500 BSD2,106.00 CAD
2,000 BSD2,808.00 CAD
2,500 BSD3,510.00 CAD
3,000 BSD4,212.00 CAD
4,000 BSD5,616.00 CAD
5,000 BSD7,020.00 CAD
10,000 BSD14,040.00 CAD
15,000 BSD21,060.00 CAD
20,000 BSD28,080.00 CAD
30,000 BSD42,120.00 CAD
40,000 BSD56,160.00 CAD
50,000 BSD70,200.00 CAD
100,000 BSD140,400.00 CAD

*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 from Bahamas to Canada?

There are many good choices when it comes to sending money from Bahamas to Canada. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Bahamian Dollar to CAD money transfers.

We compare different remittance companies to bring you the best options to send money to Canada from Bahamas. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Bahamian Dollar to Canadian Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for sending money from Bahamas to Canada?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Canada from Bahamas.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your BSD to Canadian Dollar remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for BSD to CAD remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


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

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 Canada 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 Canadian 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 Canada 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 CAD remittances.


How to send money from Bahamas to Canada through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Bahamas to Canada. 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 CAD 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 Canada 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.


What is the fastest way to transfer money from Bahamas to Canada?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Bahamas to Canada. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert BSD to CAD fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Bahamian Dollar amount reaching Canada. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Canadian Dollar quickly to Canada, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

Since the Bahamian Dollar to Canadian Dollar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Bahamas that may also be able to send money to Canada. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your BSD to CAD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Canada gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Bahamas to Canada transaction.


Step by step guide to transfer money to Canada from Bahamas

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Bahamas to Canada, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Bahamas to Canada that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Canada where they can receive monies in Canadian Dollar.
  • Then, provide details of your Bahamas bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your BSD travel to another part of the globe.