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

Compare today's NOK to BMD (Norwegian Krone to Bermudian Dollar) exchange rates

Bouvet Island
Bermuda
NOK

Interbank Exchange Rate: 1 NOK = 0.1035 BMD
Updated about an hour ago

Found 1 Remittance Service Providers

TRANSFERWISE
Read more about Wise
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 NOK =
94.30 BMD
Transfer Limit (NOK): 1 - 1000000
Locked-In Rate1 NOK = 0.0943 BMD

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Norwegian Krone to Bermudian Dollar money transfers

Easily compare money transfer providers in one place to send money from Bouvet Island to Bermuda. Send money overseas to your loved ones by comparing Norwegian Krone (NOK) to Bermudian Dollar (BMD) 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.

When making a money transfer to Bermuda from Bouvet Island, we currently have 1 remittance service providers available.

Wise currently offers the most competitive rate for sending money to Bermuda and their 1 NOK to BMD exchange rate today is 0.0943.

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 Bouvet Island.

Were you looking to send money from Bermuda to Bouvet Island 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 NOK to BMD Conversion Rates

Here are some latest NOK to BMD (Norwegian Krone to Bermudian Dollar) exchange rates for popular conversion amounts*.

1 NOK0.10 BMD
5 NOK0.52 BMD
10 NOK1.04 BMD
25 NOK2.59 BMD
50 NOK5.18 BMD
100 NOK10.35 BMD
150 NOK15.52 BMD
200 NOK20.70 BMD
250 NOK25.88 BMD
300 NOK31.05 BMD
400 NOK41.40 BMD
500 NOK51.75 BMD
600 NOK62.10 BMD
700 NOK72.45 BMD
800 NOK82.80 BMD
1,000 NOK103.50 BMD
1,500 NOK155.25 BMD
2,000 NOK207.00 BMD
2,500 NOK258.75 BMD
3,000 NOK310.50 BMD
4,000 NOK414.00 BMD
5,000 NOK517.50 BMD
10,000 NOK1,035.00 BMD
15,000 NOK1,552.50 BMD
20,000 NOK2,070.00 BMD
30,000 NOK3,105.00 BMD
40,000 NOK4,140.00 BMD
50,000 NOK5,175.00 BMD
100,000 NOK10,350.00 BMD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Bouvet Island to Bermuda 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 Bouvet Island to Bermuda. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Norwegian Krone to BMD.

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 NOK to BMD in Bermuda. 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 Bermuda from Bouvet Island. We provide you with maximum choices to send money to Bermuda 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 Bouvet Island to Bermuda?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Bermuda from Bouvet Island. 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 NOK to Bermudian Dollar 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 Bouvet Island to Bermuda corridor to give you more good choices for your next BMD 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 Bouvet Island to Bermuda?

The final amount your recipient gets when you send NOK to BMD 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 Bouvet Island to Bermuda 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 Bermudian Dollar 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 Norwegian Krone to Bermuda 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 transfer money from Bouvet Island to Bermuda?

Bank transfers have been a traditionally popular way to send money overseas from Bouvet Island to Bermuda. 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 NOK to BMD 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 Bouvet Island bank for your Bermuda 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.


How to send money to Bermuda from Bouvet Island fast?

The speed of your Norwegian Krone to Bermudian Dollar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert NOK to BMD. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Bermuda from Bouvet Island is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Bermuda if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout BMD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Bouvet Island bank to Bermuda bank transfer.


Which are the best money transfer companies to send money to Bermuda from Bouvet Island?

Since the Norwegian Krone to Bermudian 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 Bouvet Island that may also be able to send money to Bermuda. 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 NOK to BMD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Bermuda gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Bouvet Island to Bermuda transaction.


Step by step guide to do a money transfer from Bouvet Island to Bermuda

With so many possible ways to transfer Norwegian Krone to Bermudian Dollar, 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 Bouvet Island to Bermuda 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 Bouvet Island and the receiver in Bermuda. 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 NOK to Bermudian Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.