Compare today's BMD to KYD (Bermudian Dollar to Cayman Islands Dollar) exchange rates
Interbank Exchange Rate: 1 BMD = 0.8338 KYD
Updated about an hour ago
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All you need to know about Bermudian Dollar to Cayman Islands Dollar money transfers
Easily compare money transfer providers in one place to send money from Bermuda to Cayman Islands. Send money overseas to your loved ones by comparing Bermudian Dollar (BMD) to Cayman Islands Dollar (KYD) 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 Bermuda.
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Latest BMD to KYD Conversion Rates
Here are some latest BMD to KYD (Bermudian Dollar to Cayman Islands Dollar) exchange rates for popular conversion amounts*.
| 1 BMD | 0.83 KYD |
| 5 BMD | 4.17 KYD |
| 10 BMD | 8.34 KYD |
| 25 BMD | 20.85 KYD |
| 50 BMD | 41.69 KYD |
| 100 BMD | 83.38 KYD |
| 150 BMD | 125.07 KYD |
| 200 BMD | 166.76 KYD |
| 250 BMD | 208.45 KYD |
| 300 BMD | 250.14 KYD |
| 400 BMD | 333.52 KYD |
| 500 BMD | 416.90 KYD |
| 600 BMD | 500.28 KYD |
| 700 BMD | 583.66 KYD |
| 800 BMD | 667.04 KYD |
| 1,000 BMD | 833.80 KYD |
| 1,500 BMD | 1,250.70 KYD |
| 2,000 BMD | 1,667.60 KYD |
| 2,500 BMD | 2,084.50 KYD |
| 3,000 BMD | 2,501.40 KYD |
| 4,000 BMD | 3,335.20 KYD |
| 5,000 BMD | 4,169.00 KYD |
| 10,000 BMD | 8,338.00 KYD |
| 15,000 BMD | 12,507.00 KYD |
| 20,000 BMD | 16,676.00 KYD |
| 30,000 BMD | 25,014.00 KYD |
| 40,000 BMD | 33,352.00 KYD |
| 50,000 BMD | 41,690.00 KYD |
| 100,000 BMD | 83,380.00 KYD |
*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 Bermuda to Cayman Islands?
With the global remittance market booming, there are so many choices for Bermudian Dollar to KYD 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 Cayman Islands from Bermuda. 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 KYD 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 exchange rate for your money transfers from Bermuda to Cayman Islands?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your BMD to Cayman Islands Dollar money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Bermuda to Cayman Islands. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for BMD to KYD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way to send money from Bermuda to Cayman Islands?
Finding the cheapest way to send money from Bermuda to Cayman Islands 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 BMD to KYD 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 Bermuda to Cayman Islands 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.
How to send money from Bermuda to Cayman Islands through a bank?
Bank transfers have been a traditionally popular way to send money overseas from Bermuda to Cayman Islands. 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 BMD to KYD 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 Bermuda bank for your Cayman Islands 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.
How to send money to Cayman Islands from Bermuda fast?
It could be a stressful experience if you need to rush money quickly from Bermuda to Cayman Islands. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert BMD to KYD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Cayman Islands Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Bermuda to Cayman Islands money transfers.
Which are the best money transfer companies to transfer money to Cayman Islands from Bermuda?
Since the Bermudian Dollar to Cayman Islands Dollar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Bermuda that may also be able to send money to Cayman Islands. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.
To further decrease the cost of your BMD to KYD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Cayman Islands gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Bermuda to Cayman Islands transaction.
Step by step guide to send money from Bermuda to Cayman Islands
Follow the below easy steps to send money to Cayman Islands from Bermuda.- 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 Bermuda bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Cayman Islands).
- 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.