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

Compare today's BSD to USD (Bahamian Dollar to US Dollar) exchange rates

Bahamas
United States
BSD
Interbank Exchange Rate: 1 BSD = 1.0000 USD
Updated about an hour ago

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

Easily compare money transfer providers in one place to send money from Bahamas to United States. Send money overseas to your loved ones by comparing Bahamian Dollar (BSD) to US Dollar (USD) 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 United States 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 USD Conversion Rates

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

1 BSD1.00 USD
5 BSD5.00 USD
10 BSD10.00 USD
25 BSD25.00 USD
50 BSD50.00 USD
100 BSD100.00 USD
150 BSD150.00 USD
200 BSD200.00 USD
250 BSD250.00 USD
300 BSD300.00 USD
400 BSD400.00 USD
500 BSD500.00 USD
600 BSD600.00 USD
700 BSD700.00 USD
800 BSD800.00 USD
1,000 BSD1,000.00 USD
1,500 BSD1,500.00 USD
2,000 BSD2,000.00 USD
2,500 BSD2,500.00 USD
3,000 BSD3,000.00 USD
4,000 BSD4,000.00 USD
5,000 BSD5,000.00 USD
10,000 BSD10,000.00 USD
15,000 BSD15,000.00 USD
20,000 BSD20,000.00 USD
30,000 BSD30,000.00 USD
40,000 BSD40,000.00 USD
50,000 BSD50,000.00 USD
100,000 BSD100,000.00 USD

*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 USA?

Sending money internationally to USA from Bahamas can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Bahamian Dollar to USD remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to USA. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in United States Dollar.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to USA from Bahamas. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your BSD to United States Dollar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Bahamas to USA corridor to give you more good choices for your next USD money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to USA from Bahamas?

Finding the cheapest way to send money from Bahamas to USA might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer BSD to USD via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Bahamas to USA exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to send money from Bahamas to USA?

We do not recommend using your local bank in Bahamas for your next BSD to USD overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Bahamas to USA (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending USD to USA. These companies will let you use your local bank account in Bahamas to pay for your USA money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from Bahamas to USA fast?

The speed of your Bahamian Dollar to United States Dollar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert BSD to USD. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to USA from Bahamas is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in USA if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout USD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Bahamas bank to USA bank transfer.


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

Comparing money transfer companies for sending money to USA from Bahamas can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to USA. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Bahamian Dollar to United States Dollar transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the United States Dollar yield on every Bahamian Dollar that you send.


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

The first step to send money to USA from Bahamas is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your BSD to USD overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in USA if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Bahamas bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to USA!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Bahamas to USA.