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

Compare today's BMD to NZD (Bermudian Dollar to New Zealand Dollar) exchange rates

Bermuda
Cook Islands
BMD

Interbank Exchange Rate: 1 BMD = 1.6626 NZD
Updated about an hour ago

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All you need to know about Bermudian Dollar to New Zealand Dollar money transfers

Easily compare money transfer providers in one place to send money from Bermuda to Cook Islands. Send money overseas to your loved ones by comparing Bermudian Dollar (BMD) to New Zealand Dollar (NZD) 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.

Were you looking to send money from Cook Islands to Bermuda 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 BMD to NZD Conversion Rates

Here are some latest BMD to NZD (Bermudian Dollar to New Zealand Dollar) exchange rates for popular conversion amounts*.

1 BMD1.66 NZD
5 BMD8.31 NZD
10 BMD16.63 NZD
25 BMD41.57 NZD
50 BMD83.13 NZD
100 BMD166.26 NZD
150 BMD249.39 NZD
200 BMD332.52 NZD
250 BMD415.65 NZD
300 BMD498.78 NZD
400 BMD665.04 NZD
500 BMD831.30 NZD
600 BMD997.56 NZD
700 BMD1,163.82 NZD
800 BMD1,330.08 NZD
1,000 BMD1,662.60 NZD
1,500 BMD2,493.90 NZD
2,000 BMD3,325.20 NZD
2,500 BMD4,156.50 NZD
3,000 BMD4,987.80 NZD
4,000 BMD6,650.40 NZD
5,000 BMD8,313.00 NZD
10,000 BMD16,626.00 NZD
15,000 BMD24,939.00 NZD
20,000 BMD33,252.00 NZD
30,000 BMD49,878.00 NZD
40,000 BMD66,504.00 NZD
50,000 BMD83,130.00 NZD
100,000 BMD166,260.00 NZD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Bermuda to Cook Islands money transfers?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Bermuda to Cook Islands. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Bermudian Dollar to NZD.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send BMD to NZD in Cook Islands. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Cook Islands from Bermuda. We provide you with maximum choices to send money to Cook Islands by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for your money transfers from Bermuda to Cook Islands?

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 Bermuda to Cook Islands 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 BMD to New Zealand Dollar 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 Bermudian Dollar to New Zealand Dollar 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 Bermuda to Cook Islands?

When you want to send money to Cook Islands from Bermuda, you obviously want the cheapest possible option to maximize the money your recipient gets in New Zealand Dollar. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your BMD to NZD money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Bermuda to Cook Islands. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Bermuda to Cook Islands exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send New Zealand Dollar overseas.


Should I use my bank to send money from Bermuda to Cook Islands?

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 BMD to NZD 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 Bermuda to Cook Islands 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 Cook Islands from Bermuda. They do this by letting you fund your transaction through your local bank account in Bermuda, and by allowing you to choose the payout to be your recipient's bank account in Cook Islands. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Bermuda to Cook Islands fast?

The first thing to do when you need to convert BMD to NZD 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 Bermudian Dollar and New Zealand Dollar. 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 Bermuda to Cook Islands 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 Cook Islands.


Which are the best money transfer companies to send money to Cook Islands from Bermuda?

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 Bermuda to Cook Islands, 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 Bermudian Dollar to New Zealand Dollar 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 NZD money transfers to Cook Islands. 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 Cook Islands getting more money for every Bermudian Dollar you send.


Step by step guide to do a money transfer from Bermuda to Cook Islands

With so many possible ways to transfer Bermudian Dollar to New Zealand Dollar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Bermuda to Cook Islands remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Bermuda and the receiver in Cook Islands. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your BMD to New Zealand Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.