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Compare today's BSD to PHP (Bahamian Dollar to Philippine Peso) exchange rates

Bahamas
Philippines
BSD

Interbank Exchange Rate: 1 BSD = 58.8150 PHP
Updated about an hour ago

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All you need to know about Bahamian Dollar to Philippine Peso money transfers

Easily compare money transfer providers in one place to send money from Bahamas to Philippines. Send money overseas to your loved ones by comparing Bahamian Dollar (BSD) to Philippine Peso (PHP) 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 Philippines 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 PHP Conversion Rates

Here are some latest BSD to PHP (Bahamian Dollar to Philippine Peso) exchange rates for popular conversion amounts*.

1 BSD58.82 PHP
5 BSD294.08 PHP
10 BSD588.15 PHP
25 BSD1,470.38 PHP
50 BSD2,940.75 PHP
100 BSD5,881.50 PHP
150 BSD8,822.25 PHP
200 BSD11,763.00 PHP
250 BSD14,703.75 PHP
300 BSD17,644.50 PHP
400 BSD23,526.00 PHP
500 BSD29,407.50 PHP
600 BSD35,289.00 PHP
700 BSD41,170.50 PHP
800 BSD47,052.00 PHP
1,000 BSD58,815.00 PHP
1,500 BSD88,222.50 PHP
2,000 BSD117,630.00 PHP
2,500 BSD147,037.50 PHP
3,000 BSD176,445.00 PHP
4,000 BSD235,260.00 PHP
5,000 BSD294,075.00 PHP
10,000 BSD588,150.00 PHP
15,000 BSD882,225.00 PHP
20,000 BSD1,176,300.00 PHP
30,000 BSD1,764,450.00 PHP
40,000 BSD2,352,600.00 PHP
50,000 BSD2,940,750.00 PHP
100,000 BSD5,881,500.00 PHP

*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 Philippines money transfers?

With the global remittance market booming, there are so many choices for Bahamian Dollar to PHP money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Philippines from Bahamas. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final PHP amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best rate to transfer money to Philippines from Bahamas?

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 Philippines 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 Philippine Peso 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 Philippine Peso 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 Philippines?

One of the most important things to watch out for is hidden fees when sending money to Philippines from Bahamas. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Philippines using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Philippine Peso foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best BSD to Philippines exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Philippines from Bahamas.


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

Bank transfers have been a traditionally popular way to send money overseas from Bahamas to Philippines. 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 PHP 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 Philippines 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 do a money transfer to Philippines from Bahamas?

If you need to convert BSD to PHP 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 Philippines 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 Philippine Peso 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 Philippines.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Bahamas to Philippines. 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 transfer money to Philippines from Bahamas?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Bahamas to Philippines, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Bahamian Dollar to Philippine Peso exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your PHP money transfers to Philippines. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Philippines getting more money for every Bahamian Dollar you send.


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

Follow the below easy steps to send money to Philippines 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 Philippines).
  • 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 PHP 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.