Compare today's BSD to NGN (Bahamian Dollar to Nigerian Naira) exchange rates
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All you need to know about Bahamian Dollar to Nigerian Naira money transfers
Easily compare money transfer providers in one place to send money from Bahamas to Nigeria. Send money overseas to your loved ones by comparing Bahamian Dollar (BSD) to Nigerian Naira (NGN) 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.
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Latest BSD to NGN Conversion Rates
Here are some latest BSD to NGN (Bahamian Dollar to Nigerian Naira) exchange rates for popular conversion amounts*.
| 1 BSD | 1,371.40 NGN |
| 5 BSD | 6,857.00 NGN |
| 10 BSD | 13,714.00 NGN |
| 25 BSD | 34,285.00 NGN |
| 50 BSD | 68,570.01 NGN |
| 100 BSD | 137,140.01 NGN |
| 150 BSD | 205,710.02 NGN |
| 200 BSD | 274,280.02 NGN |
| 250 BSD | 342,850.03 NGN |
| 300 BSD | 411,420.03 NGN |
| 400 BSD | 548,560.04 NGN |
| 500 BSD | 685,700.05 NGN |
| 600 BSD | 822,840.06 NGN |
| 700 BSD | 959,980.07 NGN |
| 800 BSD | 1,097,120.08 NGN |
| 1,000 BSD | 1,371,400.10 NGN |
| 1,500 BSD | 2,057,100.15 NGN |
| 2,000 BSD | 2,742,800.20 NGN |
| 2,500 BSD | 3,428,500.25 NGN |
| 3,000 BSD | 4,114,200.30 NGN |
| 4,000 BSD | 5,485,600.40 NGN |
| 5,000 BSD | 6,857,000.50 NGN |
| 10,000 BSD | 13,714,001.00 NGN |
| 15,000 BSD | 20,571,001.50 NGN |
| 20,000 BSD | 27,428,002.00 NGN |
| 30,000 BSD | 41,142,003.00 NGN |
| 40,000 BSD | 54,856,004.00 NGN |
| 50,000 BSD | 68,570,005.00 NGN |
| 100,000 BSD | 137,140,010.00 NGN |
*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 Nigeria money transfers?
There are many good choices when it comes to sending money from Bahamas to Nigeria. 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 NGN money transfers.We compare different remittance companies to bring you the best options to send money to Nigeria 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 Nigerian Naira 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 Nigeria?
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 Nigeria 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 Nigerian Naira 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 Nigerian Naira 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 Nigeria?
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 Nigeria 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 Nigerian Naira 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 Nigeria 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 NGN remittances.
How to send money from Bahamas to Nigeria 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 Nigeria 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 NGN transfers.
Given this, there are umpteen additional options to send money to Nigeria 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 Nigeria gets the maximum amount.
What is the fastest way to transfer money from Bahamas to Nigeria?
The first thing to do when you need to convert BSD to NGN 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 Nigerian Naira. 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 Nigeria 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 Nigeria.
Which are the best money transfer companies to send money to Nigeria from Bahamas?
Bahamas to Nigeria 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 Nigeria 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 Nigerian Naira 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 transfer money to Nigeria from Bahamas
Follow the below easy steps to send money to Nigeria 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 Nigeria).
- 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.
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.
