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

Compare today's BSD to JMD (Bahamian Dollar to Jamaican Dollar) exchange rates

Bahamas
Jamaica
BSD

Interbank Exchange Rate: 1 BSD = 156.8628 JMD
Updated about an hour ago

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

Easily compare money transfer providers in one place to send money from Bahamas to Jamaica. Send money overseas to your loved ones by comparing Bahamian Dollar (BSD) to Jamaican Dollar (JMD) 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 Jamaica 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 JMD Conversion Rates

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

1 BSD156.86 JMD
5 BSD784.31 JMD
10 BSD1,568.63 JMD
25 BSD3,921.57 JMD
50 BSD7,843.14 JMD
100 BSD15,686.28 JMD
150 BSD23,529.42 JMD
200 BSD31,372.56 JMD
250 BSD39,215.70 JMD
300 BSD47,058.84 JMD
400 BSD62,745.12 JMD
500 BSD78,431.40 JMD
600 BSD94,117.68 JMD
700 BSD109,803.96 JMD
800 BSD125,490.24 JMD
1,000 BSD156,862.80 JMD
1,500 BSD235,294.20 JMD
2,000 BSD313,725.60 JMD
2,500 BSD392,157.00 JMD
3,000 BSD470,588.40 JMD
4,000 BSD627,451.20 JMD
5,000 BSD784,314.00 JMD
10,000 BSD1,568,628.00 JMD
15,000 BSD2,352,942.00 JMD
20,000 BSD3,137,256.00 JMD
30,000 BSD4,705,884.00 JMD
40,000 BSD6,274,512.00 JMD
50,000 BSD7,843,140.00 JMD
100,000 BSD15,686,280.00 JMD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Bahamas to Jamaica money transfers?

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 Jamaica. 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 JMD.

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


How to get the best remit rate for transferring money from Bahamas to Jamaica?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Bahamas to Jamaica transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your BSD to Jamaican Dollar international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Bahamian Dollar to Jamaican Dollar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

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 Jamaica 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 Jamaican 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 Jamaica 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 JMD remittances.


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

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Bahamas to Jamaica money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like BSD to JMD transfers.

Given this, there are umpteen additional options to send money to Jamaica instead of just your Bahamas bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Bahamian Dollar even more so that your recipient in Jamaica gets the maximum amount.


How to send money from Bahamas to Jamaica fast?

The first thing to do when you need to convert BSD to JMD quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Bahamian Dollar and Jamaican Dollar. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Bahamas to Jamaica remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Jamaica.


Which are the best money transfer companies to transfer money to Jamaica from Bahamas?

Bahamas to Jamaica money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Jamaica as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Bahamian Dollar to Jamaican Dollar money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to Jamaica from Bahamas

Follow the below easy steps to send money to Jamaica from Bahamas.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Bahamas bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Jamaica).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your BSD to JMD remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.