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

Compare today's BBD to MVR (Barbadian Dollar to Maldivian Rufiyaa) exchange rates

Barbados
Maldives
BBD

Interbank Exchange Rate: 1 BBD = 7.7301 MVR
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Barbadian Dollar to Maldivian Rufiyaa money transfers

Easily compare money transfer providers in one place to send money from Barbados to Maldives. Send money overseas to your loved ones by comparing Barbadian Dollar (BBD) to Maldivian Rufiyaa (MVR) 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 Barbados.

Were you looking to send money from Maldives to Barbados 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 BBD to MVR Conversion Rates

Here are some latest BBD to MVR (Barbadian Dollar to Maldivian Rufiyaa) exchange rates for popular conversion amounts*.

1 BBD7.73 MVR
5 BBD38.65 MVR
10 BBD77.30 MVR
25 BBD193.25 MVR
50 BBD386.51 MVR
100 BBD773.01 MVR
150 BBD1,159.52 MVR
200 BBD1,546.02 MVR
250 BBD1,932.53 MVR
300 BBD2,319.03 MVR
400 BBD3,092.04 MVR
500 BBD3,865.05 MVR
600 BBD4,638.06 MVR
700 BBD5,411.07 MVR
800 BBD6,184.08 MVR
1,000 BBD7,730.10 MVR
1,500 BBD11,595.15 MVR
2,000 BBD15,460.20 MVR
2,500 BBD19,325.25 MVR
3,000 BBD23,190.30 MVR
4,000 BBD30,920.40 MVR
5,000 BBD38,650.50 MVR
10,000 BBD77,301.00 MVR
15,000 BBD115,951.50 MVR
20,000 BBD154,602.00 MVR
30,000 BBD231,903.00 MVR
40,000 BBD309,204.00 MVR
50,000 BBD386,505.00 MVR
100,000 BBD773,010.00 MVR

*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 to Maldives from Barbados?

Sending money internationally to Maldives from Barbados 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 Barbadian Dollar to MVR 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 Maldives. 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 Maldivian Rufiyaa.


How to get the best rate to transfer money to Maldives from Barbados?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Maldives from Barbados. 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 BBD to Maldivian Rufiyaa 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 Barbados to Maldives corridor to give you more good choices for your next MVR money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from Barbados to Maldives?

One of the most important things to watch out for is hidden fees when sending money to Maldives from Barbados. 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 Maldives using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Maldivian Rufiyaa foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best BBD to Maldives 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 Maldives from Barbados.


How to send money from Barbados to Maldives through a bank?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low BBD to MVR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Barbados to Maldives money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Maldives from Barbados. They do this by letting you fund your transaction through your local bank account in Barbados, and by allowing you to choose the payout to be your recipient's bank account in Maldives. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to transfer money from Barbados to Maldives?

The speed of your Barbadian Dollar to Maldivian Rufiyaa 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 BBD to MVR. 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 Maldives from Barbados 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 Maldives 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 MVR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Barbados bank to Maldives bank transfer.


Which are the best money transfer companies to send money to Maldives from Barbados?

The first step in selecting the best money transfer operators for Barbados to Maldives remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Barbadian Dollar to Maldivian Rufiyaa money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Maldives.


Step by step guide to send money to Maldives from Barbados

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 Barbados to Maldives, 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 Barbados to Maldives 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 Maldives where they can receive monies in Maldivian Rufiyaa.
  • Then, provide details of your Barbados 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 BBD travel to another part of the globe.