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

Compare today's BMD to MAD (Bermudian Dollar to Moroccan Dirham) exchange rates

Bermuda
Morocco
BMD

Interbank Exchange Rate: 1 BMD = 9.1724 MAD
Updated about an hour ago

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All you need to know about Bermudian Dollar to Moroccan Dirham money transfers

Easily compare money transfer providers in one place to send money from Bermuda to Morocco. Send money overseas to your loved ones by comparing Bermudian Dollar (BMD) to Moroccan Dirham (MAD) 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 Morocco 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 MAD Conversion Rates

Here are some latest BMD to MAD (Bermudian Dollar to Moroccan Dirham) exchange rates for popular conversion amounts*.

1 BMD9.17 MAD
5 BMD45.86 MAD
10 BMD91.72 MAD
25 BMD229.31 MAD
50 BMD458.62 MAD
100 BMD917.24 MAD
150 BMD1,375.86 MAD
200 BMD1,834.48 MAD
250 BMD2,293.10 MAD
300 BMD2,751.72 MAD
400 BMD3,668.96 MAD
500 BMD4,586.20 MAD
600 BMD5,503.44 MAD
700 BMD6,420.68 MAD
800 BMD7,337.92 MAD
1,000 BMD9,172.40 MAD
1,500 BMD13,758.60 MAD
2,000 BMD18,344.80 MAD
2,500 BMD22,931.00 MAD
3,000 BMD27,517.20 MAD
4,000 BMD36,689.60 MAD
5,000 BMD45,862.00 MAD
10,000 BMD91,724.00 MAD
15,000 BMD137,586.00 MAD
20,000 BMD183,448.00 MAD
30,000 BMD275,172.00 MAD
40,000 BMD366,896.00 MAD
50,000 BMD458,620.00 MAD
100,000 BMD917,240.00 MAD

*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 Morocco from Bermuda?

Sending money internationally to Morocco from Bermuda 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 Bermudian Dollar to MAD 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 Morocco. 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 Moroccan Dirham.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Morocco 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 Moroccan Dirham 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 Morocco corridor to give you more good choices for your next MAD money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to Morocco from Bermuda?

Finding the cheapest way to send money from Bermuda to Morocco 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 MAD 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 Morocco 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 Morocco through a bank?

Big banks in Bermuda are known to make a lot of money by charging high fees on Morocco money transfers from Bermuda. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a BMD to MAD exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Morocco. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Bermuda to Morocco. You work hard for your money, so you should also ensure you get the maximum yield when you send MAD overseas.


What is the fastest way to do a money transfer to Morocco from Bermuda?

The first thing to do when you need to convert BMD to MAD 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 Moroccan Dirham. 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 Morocco 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 Morocco.


Which are the best money transfer companies to transfer money from Bermuda to Morocco?

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 Morocco, 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 Moroccan Dirham 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 MAD money transfers to Morocco. 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 Morocco getting more money for every Bermudian Dollar you send.


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

Follow the below easy steps to send money to Morocco 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 Morocco).
  • 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 MAD 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.