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Compare today's BMD to SAR (Bermudian Dollar to Saudi Riyal) exchange rates

Bermuda
Saudi Arabia
BMD
Interbank Exchange Rate: 1 BMD = 3.7508 SAR
Updated about an hour ago

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All you need to know about Bermudian Dollar to Saudi Riyal money transfers

Easily compare money transfer providers in one place to send money from Bermuda to Saudi Arabia. Send money overseas to your loved ones by comparing Bermudian Dollar (BMD) to Saudi Riyal (SAR) 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.

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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.

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.


Latest BMD to SAR Conversion Rates

Here are some latest BMD to SAR (Bermudian Dollar to Saudi Riyal) exchange rates for popular conversion amounts*.

1 BMD3.75 SAR
5 BMD18.75 SAR
10 BMD37.51 SAR
25 BMD93.77 SAR
50 BMD187.54 SAR
100 BMD375.08 SAR
150 BMD562.62 SAR
200 BMD750.16 SAR
250 BMD937.70 SAR
300 BMD1,125.24 SAR
400 BMD1,500.32 SAR
500 BMD1,875.40 SAR
600 BMD2,250.48 SAR
700 BMD2,625.56 SAR
800 BMD3,000.64 SAR
1,000 BMD3,750.80 SAR
1,500 BMD5,626.20 SAR
2,000 BMD7,501.60 SAR
2,500 BMD9,377.00 SAR
3,000 BMD11,252.40 SAR
4,000 BMD15,003.20 SAR
5,000 BMD18,754.00 SAR
10,000 BMD37,508.00 SAR
15,000 BMD56,262.00 SAR
20,000 BMD75,016.00 SAR
30,000 BMD112,524.00 SAR
40,000 BMD150,032.00 SAR
50,000 BMD187,540.00 SAR
100,000 BMD375,080.00 SAR

*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 Saudi Arabia?

There are many good choices when it comes to sending money from Bermuda to Saudi Arabia. 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 SAR money transfers.

We compare different remittance companies to bring you the best options to send money to Saudi Arabia 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 Saudi Riyal 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 Saudi Arabia?

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 Saudi Arabia 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 Saudi Riyal 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 Saudi Riyal 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 to Saudi Arabia from Bermuda?

One of the most important things to watch out for is hidden fees when sending money to Saudi Arabia from Bermuda. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Saudi Arabia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Saudi Riyal foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best BMD to Saudi Arabia exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Saudi Arabia from Bermuda.


How to send money to Saudi Arabia from Bermuda through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Bermuda to Saudi Arabia. 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 SAR 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 Saudi Arabia 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 do a money transfer to Saudi Arabia from Bermuda?

It could be a stressful experience if you need to rush money quickly from Bermuda to Saudi Arabia. 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 SAR. 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 Saudi Riyal. 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 Saudi Arabia money transfers.


Which are the best money transfer companies to transfer money from Bermuda to Saudi Arabia?

Comparing money transfer companies for sending money to Saudi Arabia from Bermuda can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Saudi Arabia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Bermudian Dollar to Saudi Riyal transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Saudi Riyal yield on every Bermudian Dollar that you send.


Step by step guide to do a money transfer from Bermuda to Saudi Arabia

With so many possible ways to transfer Bermudian Dollar to Saudi Riyal, 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 Saudi Arabia 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 Saudi Arabia. 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 Saudi Riyal money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.