Compare today's BMD to EUR (Bermudian Dollar to Euro) exchange rates
Interbank Exchange Rate: 1 BMD = 0.8454 EUR
Updated about an hour ago
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All you need to know about Bermudian Dollar to Euro money transfers
Easily compare money transfer providers in one place to send money from Bermuda to Portugal. Send money overseas to your loved ones by comparing Bermudian Dollar (BMD) to Euro (EUR) 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 EUR Conversion Rates
Here are some latest BMD to EUR (Bermudian Dollar to Euro) exchange rates for popular conversion amounts*.
| 1 BMD | 0.85 EUR |
| 5 BMD | 4.23 EUR |
| 10 BMD | 8.45 EUR |
| 25 BMD | 21.14 EUR |
| 50 BMD | 42.27 EUR |
| 100 BMD | 84.54 EUR |
| 150 BMD | 126.81 EUR |
| 200 BMD | 169.08 EUR |
| 250 BMD | 211.35 EUR |
| 300 BMD | 253.62 EUR |
| 400 BMD | 338.16 EUR |
| 500 BMD | 422.70 EUR |
| 600 BMD | 507.24 EUR |
| 700 BMD | 591.78 EUR |
| 800 BMD | 676.32 EUR |
| 1,000 BMD | 845.40 EUR |
| 1,500 BMD | 1,268.10 EUR |
| 2,000 BMD | 1,690.80 EUR |
| 2,500 BMD | 2,113.50 EUR |
| 3,000 BMD | 2,536.20 EUR |
| 4,000 BMD | 3,381.60 EUR |
| 5,000 BMD | 4,227.00 EUR |
| 10,000 BMD | 8,454.00 EUR |
| 15,000 BMD | 12,681.00 EUR |
| 20,000 BMD | 16,908.00 EUR |
| 30,000 BMD | 25,362.00 EUR |
| 40,000 BMD | 33,816.00 EUR |
| 50,000 BMD | 42,270.00 EUR |
| 100,000 BMD | 84,540.00 EUR |
*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 Portugal from Bermuda?
There are many good choices when it comes to sending money from Bermuda to Portugal. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Bermudian Dollar to EUR money transfers.We compare different remittance companies to bring you the best options to send money to Portugal from Bermuda. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Bermudian Dollar to Euro money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best exchange rate for your money transfers from Bermuda to Portugal?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Portugal 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 Euro 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 Portugal corridor to give you more good choices for your next EUR 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 Portugal?
When you want to send money to Portugal from Bermuda, you obviously want the cheapest possible option to maximize the money your recipient gets in Euro. 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 EUR 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 Portugal. 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 Portugal 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 Euro overseas.
How to send money from Bermuda to Portugal through a bank?
Bank transfers have been a traditionally popular way to send money overseas from Bermuda to Portugal. 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 EUR 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 Portugal 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.
What is the fastest way to transfer money from Bermuda to Portugal?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Bermuda to Portugal. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.To help you convert BMD to EUR fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.
If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Bermudian Dollar amount reaching Portugal. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.
Hopefully, you do not find yourself in a crisis where you have to rush Euro quickly to Portugal, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.
Which are the best money transfer companies to send money to Portugal from Bermuda?
Bermuda to Portugal money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Portugal as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.
Once you have defined your parameters, selecting the best Bermudian Dollar to Euro money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.
Step by step guide to do a money transfer from Bermuda to Portugal
Follow the below easy steps to send money to Portugal 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 Portugal).
- 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.