Compare today's BAM to AMD (Convertible Mark to Armenian Dram) exchange rates
Interbank Exchange Rate: 1 BAM = 228.0898 AMD
Updated about an hour ago
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All you need to know about Convertible Mark to Armenian Dram money transfers
Easily compare money transfer providers in one place to send money from Bosnia and Herzegovina to Armenia. Send money overseas to your loved ones by comparing Convertible Mark (BAM) to Armenian Dram (AMD) 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 Bosnia and Herzegovina.
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Latest BAM to AMD Conversion Rates
Here are some latest BAM to AMD (Convertible Mark to Armenian Dram) exchange rates for popular conversion amounts*.
| 1 BAM | 228.09 AMD |
| 5 BAM | 1,140.45 AMD |
| 10 BAM | 2,280.90 AMD |
| 25 BAM | 5,702.25 AMD |
| 50 BAM | 11,404.49 AMD |
| 100 BAM | 22,808.98 AMD |
| 150 BAM | 34,213.47 AMD |
| 200 BAM | 45,617.96 AMD |
| 250 BAM | 57,022.45 AMD |
| 300 BAM | 68,426.94 AMD |
| 400 BAM | 91,235.92 AMD |
| 500 BAM | 114,044.90 AMD |
| 600 BAM | 136,853.88 AMD |
| 700 BAM | 159,662.86 AMD |
| 800 BAM | 182,471.84 AMD |
| 1,000 BAM | 228,089.80 AMD |
| 1,500 BAM | 342,134.70 AMD |
| 2,000 BAM | 456,179.60 AMD |
| 2,500 BAM | 570,224.50 AMD |
| 3,000 BAM | 684,269.40 AMD |
| 4,000 BAM | 912,359.20 AMD |
| 5,000 BAM | 1,140,449.00 AMD |
| 10,000 BAM | 2,280,898.00 AMD |
| 15,000 BAM | 3,421,347.00 AMD |
| 20,000 BAM | 4,561,796.00 AMD |
| 30,000 BAM | 6,842,694.00 AMD |
| 40,000 BAM | 9,123,592.00 AMD |
| 50,000 BAM | 11,404,490.00 AMD |
| 100,000 BAM | 22,808,980.00 AMD |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to do Bosnia and Herzegovina to Armenia money transfers?
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 Bosnia and Herzegovina to Armenia. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Convertible Mark to AMD.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 BAM to AMD in Armenia. 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 Armenia from Bosnia and Herzegovina. We provide you with maximum choices to send money to Armenia by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best rate to transfer money to Armenia from Bosnia and Herzegovina?
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 Bosnia and Herzegovina to Armenia 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 BAM to Armenian Dram 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 Convertible Mark to Armenian Dram exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.
What's the cheapest way for transferring money to Armenia from Bosnia and Herzegovina?
One of the most important things to watch out for is hidden fees when sending money to Armenia from Bosnia and Herzegovina. 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 Armenia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Armenian Dram foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best BAM to Armenia 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 Armenia from Bosnia and Herzegovina.
How to send money to Armenia from Bosnia and Herzegovina 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 Bosnia and Herzegovina to Armenia 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 BAM to AMD transfers.
Given this, there are umpteen additional options to send money to Armenia instead of just your Bosnia and Herzegovina 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 Convertible Mark even more so that your recipient in Armenia gets the maximum amount.
What is the fastest way to transfer money from Bosnia and Herzegovina to Armenia?
It could be a stressful experience if you need to rush money quickly from Bosnia and Herzegovina to Armenia. 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 BAM to AMD. 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 Armenian Dram. 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 Bosnia and Herzegovina to Armenia money transfers.
Which are the best money transfer companies to transfer money from Bosnia and Herzegovina to Armenia?
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 Bosnia and Herzegovina to Armenia, 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 Convertible Mark to Armenian Dram 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 AMD money transfers to Armenia. 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 Armenia getting more money for every Convertible Mark you send.
Step by step guide to send money to Armenia from Bosnia and Herzegovina
Follow the below easy steps to send money to Armenia from Bosnia and Herzegovina.- 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 Bosnia and Herzegovina bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Armenia).
- 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.