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

Compare today's BMD to USD (Bermudian Dollar to US Dollar) exchange rates

Bermuda
Virgin Islands, US
BMD

Interbank Exchange Rate: 1 BMD = 1.0000 USD
Updated about an hour ago

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All you need to know about Bermudian Dollar to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Bermuda to Virgin Islands, US. Send money overseas to your loved ones by comparing Bermudian Dollar (BMD) to US Dollar (USD) 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 Virgin Islands, US 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 USD Conversion Rates

Here are some latest BMD to USD (Bermudian Dollar to US Dollar) exchange rates for popular conversion amounts*.

1 BMD1.00 USD
5 BMD5.00 USD
10 BMD10.00 USD
25 BMD25.00 USD
50 BMD50.00 USD
100 BMD100.00 USD
150 BMD150.00 USD
200 BMD200.00 USD
250 BMD250.00 USD
300 BMD300.00 USD
400 BMD400.00 USD
500 BMD500.00 USD
600 BMD600.00 USD
700 BMD700.00 USD
800 BMD800.00 USD
1,000 BMD1,000.00 USD
1,500 BMD1,500.00 USD
2,000 BMD2,000.00 USD
2,500 BMD2,500.00 USD
3,000 BMD3,000.00 USD
4,000 BMD4,000.00 USD
5,000 BMD5,000.00 USD
10,000 BMD10,000.00 USD
15,000 BMD15,000.00 USD
20,000 BMD20,000.00 USD
30,000 BMD30,000.00 USD
40,000 BMD40,000.00 USD
50,000 BMD50,000.00 USD
100,000 BMD100,000.00 USD

*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 Virgin Islands, US?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Bermuda to Virgin Islands, US. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Bermudian Dollar to USD.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send BMD to USD in Virgin Islands, US. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Virgin Islands, US from Bermuda. We provide you with maximum choices to send money to Virgin Islands, US by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for your money transfers from Bermuda to Virgin Islands, US?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Virgin Islands, US from Bermuda.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your BMD to United States Dollar remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for BMD to USD remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money from Bermuda to Virgin Islands, US?

Finding the cheapest way to send money from Bermuda to Virgin Islands, US 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 USD 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 Virgin Islands, US 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 to Virgin Islands, US from Bermuda through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Bermuda to Virgin Islands, US money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like BMD to USD transfers.

Given this, there are umpteen additional options to send money to Virgin Islands, US instead of just your Bermuda bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Bermudian Dollar even more so that your recipient in Virgin Islands, US gets the maximum amount.


How to send money to Virgin Islands, US from Bermuda fast?

It could be a stressful experience if you need to rush money quickly from Bermuda to Virgin Islands, US. 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 USD. 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 United States Dollar. 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 Virgin Islands, US money transfers.


Which are the best money transfer companies to send money to Virgin Islands, US from Bermuda?

Since the Bermudian Dollar to United States Dollar 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 Virgin Islands, US. 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 USD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Virgin Islands, US 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 Virgin Islands, US transaction.


Step by step guide to do a money transfer from Bermuda to Virgin Islands, US

There are many important aspects of Bermuda to Virgin Islands, US remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Bermuda bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include USD bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Bermudian Dollar amount you want to send from Bermuda.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Virgin Islands, US to validate that they get the money once the transaction clears.