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

Compare today's BIF to BBD (Burundian Franc to Barbadian Dollar) exchange rates

Burundi
Barbados
BIF

Interbank Exchange Rate: 1 BIF = 0.0008 BBD
Updated about an hour ago

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All you need to know about Burundian Franc to Barbadian Dollar money transfers

Easily compare money transfer providers in one place to send money from Burundi to Barbados. Send money overseas to your loved ones by comparing Burundian Franc (BIF) to Barbadian Dollar (BBD) 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 Burundi.

Were you looking to send money from Barbados to Burundi 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 BIF to BBD Conversion Rates

Here are some latest BIF to BBD (Burundian Franc to Barbadian Dollar) exchange rates for popular conversion amounts*.

1 BIF0.00 BBD
5 BIF0.00 BBD
10 BIF0.01 BBD
25 BIF0.02 BBD
50 BIF0.04 BBD
100 BIF0.08 BBD
150 BIF0.12 BBD
200 BIF0.16 BBD
250 BIF0.20 BBD
300 BIF0.24 BBD
400 BIF0.32 BBD
500 BIF0.40 BBD
600 BIF0.48 BBD
700 BIF0.56 BBD
800 BIF0.64 BBD
1,000 BIF0.80 BBD
1,500 BIF1.20 BBD
2,000 BIF1.60 BBD
2,500 BIF2.00 BBD
3,000 BIF2.40 BBD
4,000 BIF3.20 BBD
5,000 BIF4.00 BBD
10,000 BIF8.00 BBD
15,000 BIF12.00 BBD
20,000 BIF16.00 BBD
30,000 BIF24.00 BBD
40,000 BIF32.00 BBD
50,000 BIF40.00 BBD
100,000 BIF80.00 BBD

*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 Burundi to Barbados?

With the global remittance market booming, there are so many choices for Burundian Franc to BBD money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Barbados from Burundi. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final BBD amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best remit rate for transferring money from Burundi to Barbados?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Barbados from Burundi. 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 BIF to Barbadian 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 Burundi to Barbados corridor to give you more good choices for your next BBD 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 Burundi to Barbados?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Burundi to Barbados via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Burundian Franc to Barbadian Dollar remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Burundi to Barbados exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for BIF to BBD remittances.


Should I use my bank to send money from Burundi to Barbados?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low BIF to BBD exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Burundi to Barbados money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Barbados from Burundi. They do this by letting you fund your transaction through your local bank account in Burundi, and by allowing you to choose the payout to be your recipient's bank account in Barbados. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to transfer money from Burundi to Barbados?

The speed of your Burundian Franc to Barbadian 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 BIF to BBD. 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 Barbados from Burundi 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 Barbados 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 BBD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Burundi bank to Barbados bank transfer.


Which are the best money transfer companies to transfer money to Barbados from Burundi?

Comparing money transfer companies for sending money to Barbados from Burundi 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 Barbados. 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 Burundian Franc to Barbadian Dollar 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 Barbadian Dollar yield on every Burundian Franc that you send.


Step by step guide to send money from Burundi to Barbados

With so many possible ways to transfer Burundian Franc to Barbadian 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 Burundi to Barbados 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 Burundi and the receiver in Barbados. 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 BIF to Barbadian Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.