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

Compare today's BMD to TRY (Bermudian Dollar to Turkish Lira) exchange rates

Bermuda
Turkey
BMD

Interbank Exchange Rate: 1 BMD = 43.5354 TRY
Updated about an hour ago

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All you need to know about Bermudian Dollar to Turkish Lira money transfers

Easily compare money transfer providers in one place to send money from Bermuda to Turkey. Send money overseas to your loved ones by comparing Bermudian Dollar (BMD) to Turkish Lira (TRY) 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 Turkey 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 TRY Conversion Rates

Here are some latest BMD to TRY (Bermudian Dollar to Turkish Lira) exchange rates for popular conversion amounts*.

1 BMD43.54 TRY
5 BMD217.68 TRY
10 BMD435.35 TRY
25 BMD1,088.39 TRY
50 BMD2,176.77 TRY
100 BMD4,353.54 TRY
150 BMD6,530.31 TRY
200 BMD8,707.08 TRY
250 BMD10,883.85 TRY
300 BMD13,060.62 TRY
400 BMD17,414.16 TRY
500 BMD21,767.70 TRY
600 BMD26,121.24 TRY
700 BMD30,474.78 TRY
800 BMD34,828.32 TRY
1,000 BMD43,535.40 TRY
1,500 BMD65,303.10 TRY
2,000 BMD87,070.80 TRY
2,500 BMD108,838.50 TRY
3,000 BMD130,606.20 TRY
4,000 BMD174,141.60 TRY
5,000 BMD217,677.00 TRY
10,000 BMD435,354.00 TRY
15,000 BMD653,031.00 TRY
20,000 BMD870,708.00 TRY
30,000 BMD1,306,062.00 TRY
40,000 BMD1,741,416.00 TRY
50,000 BMD2,176,770.00 TRY
100,000 BMD4,353,540.00 TRY

*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 from Bermuda to Turkey?

There are many good choices when it comes to sending money from Bermuda to Turkey. 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 TRY money transfers.

We compare different remittance companies to bring you the best options to send money to Turkey 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 Turkish Lira 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 Turkey?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your BMD to Turkish Lira money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Bermuda to Turkey. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for BMD to TRY remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way for transferring money to Turkey from Bermuda?

The final amount your recipient gets when you send BMD to TRY is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Bermuda to Turkey used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Turkish Lira is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Bermudian Dollar to Turkey exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to send money from Bermuda to Turkey?

Bank transfers have been a traditionally popular way to send money overseas from Bermuda to Turkey. 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 TRY 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 Turkey 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 Turkey from Bermuda?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Bermuda to Turkey. 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 TRY 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 Turkey. 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 Turkish Lira quickly to Turkey, 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 transfer money to Turkey from Bermuda?

The first step in selecting the best money transfer operators for Bermuda to Turkey remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Bermudian Dollar to Turkish Lira money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Turkey.


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

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Bermuda to Turkey, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Bermuda to Turkey that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Turkey where they can receive monies in Turkish Lira.
  • Then, provide details of your Bermuda bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your BMD travel to another part of the globe.