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

Compare today's BMD to GBP (Bermudian Dollar to British Pound) exchange rates

Bermuda
Guernsey
BMD

Interbank Exchange Rate: 1 BMD = 0.7326 GBP
Updated about 1 hours ago

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All you need to know about Bermudian Dollar to British Pound money transfers

Easily compare money transfer providers in one place to send money from Bermuda to Guernsey. Send money overseas to your loved ones by comparing Bermudian Dollar (BMD) to British Pound (GBP) 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 Guernsey 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 GBP Conversion Rates

Here are some latest BMD to GBP (Bermudian Dollar to British Pound) exchange rates for popular conversion amounts*.

1 BMD0.73 GBP
5 BMD3.66 GBP
10 BMD7.33 GBP
25 BMD18.32 GBP
50 BMD36.63 GBP
100 BMD73.26 GBP
150 BMD109.89 GBP
200 BMD146.52 GBP
250 BMD183.15 GBP
300 BMD219.78 GBP
400 BMD293.04 GBP
500 BMD366.30 GBP
600 BMD439.56 GBP
700 BMD512.82 GBP
800 BMD586.08 GBP
1,000 BMD732.60 GBP
1,500 BMD1,098.90 GBP
2,000 BMD1,465.20 GBP
2,500 BMD1,831.50 GBP
3,000 BMD2,197.80 GBP
4,000 BMD2,930.40 GBP
5,000 BMD3,663.00 GBP
10,000 BMD7,326.00 GBP
15,000 BMD10,989.00 GBP
20,000 BMD14,652.00 GBP
30,000 BMD21,978.00 GBP
40,000 BMD29,304.00 GBP
50,000 BMD36,630.00 GBP
100,000 BMD73,260.00 GBP

*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 Guernsey money transfers?

With the global remittance market booming, there are so many choices for Bermudian Dollar to GBP 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 Guernsey 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 GBP 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 Guernsey?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Guernsey from Bermuda. 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 BMD to British Pound 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 Bermuda to Guernsey corridor to give you more good choices for your next GBP 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 Bermuda to Guernsey?

Finding the cheapest way to send money from Bermuda to Guernsey 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 GBP 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 Guernsey 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 Bermuda to Guernsey?

Bank transfers have been a traditionally popular way to send money overseas from Bermuda to Guernsey. 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 GBP 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 Guernsey 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 from Bermuda to Guernsey fast?

It could be a stressful experience if you need to rush money quickly from Bermuda to Guernsey. 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 GBP. 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 British Pound. 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 Guernsey money transfers.


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

Since the Bermudian Dollar to British Pound 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 Guernsey. 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 GBP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Guernsey 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 Guernsey transaction.


Step by step guide to do a money transfer from Bermuda to Guernsey

Follow the below easy steps to send money to Guernsey 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 Guernsey).
  • 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 BMD to GBP 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.