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

Compare today's KYD to BMD (Cayman Islands Dollar to Bermudian Dollar) exchange rates

Cayman Islands
Bermuda
KYD

Interbank Exchange Rate: 1 KYD = 1.2007 BMD
Updated about an hour ago

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All you need to know about Cayman Islands Dollar to Bermudian Dollar money transfers

Easily compare money transfer providers in one place to send money from Cayman Islands to Bermuda. Send money overseas to your loved ones by comparing Cayman Islands Dollar (KYD) 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.

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 Cayman Islands.

Were you looking to send money from Bermuda to Cayman Islands 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 KYD to BMD Conversion Rates

Here are some latest KYD to BMD (Cayman Islands Dollar to Bermudian Dollar) exchange rates for popular conversion amounts*.

1 KYD1.20 BMD
5 KYD6.00 BMD
10 KYD12.01 BMD
25 KYD30.02 BMD
50 KYD60.04 BMD
100 KYD120.07 BMD
150 KYD180.11 BMD
200 KYD240.14 BMD
250 KYD300.18 BMD
300 KYD360.21 BMD
400 KYD480.28 BMD
500 KYD600.35 BMD
600 KYD720.42 BMD
700 KYD840.49 BMD
800 KYD960.56 BMD
1,000 KYD1,200.70 BMD
1,500 KYD1,801.05 BMD
2,000 KYD2,401.40 BMD
2,500 KYD3,001.75 BMD
3,000 KYD3,602.10 BMD
4,000 KYD4,802.80 BMD
5,000 KYD6,003.50 BMD
10,000 KYD12,007.00 BMD
15,000 KYD18,010.50 BMD
20,000 KYD24,014.00 BMD
30,000 KYD36,021.00 BMD
40,000 KYD48,028.00 BMD
50,000 KYD60,035.00 BMD
100,000 KYD120,070.00 BMD

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


What's the best way to send money from Cayman Islands to Bermuda?

It can be very confusing when sending money from Cayman Islands to Bermuda given so many choices. Additionally, Cayman Islands Dollar to BMD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Cayman Islands to Bermuda as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Bermuda from Cayman Islands. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Cayman Islands Dollar to Bermudian Dollar remittances.


How to get the best exchange rate for your money transfers from Cayman Islands to Bermuda?

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 Cayman Islands to Bermuda 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 KYD to Bermudian Dollar 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 Cayman Islands Dollar to Bermudian Dollar 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 Bermuda from Cayman Islands?

When you want to send money to Bermuda from Cayman Islands, you obviously want the cheapest possible option to maximize the money your recipient gets in Bermudian Dollar. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your KYD to BMD money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Cayman Islands to Bermuda. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Cayman Islands to Bermuda exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Bermudian Dollar overseas.


How to send money from Cayman Islands to Bermuda through a bank?

We do not recommend using your local bank in Cayman Islands for your next KYD to BMD overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Cayman Islands to Bermuda (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending BMD to Bermuda. These companies will let you use your local bank account in Cayman Islands to pay for your Bermuda money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to transfer money from Cayman Islands to Bermuda?

It could be a stressful experience if you need to rush money quickly from Cayman Islands to Bermuda. 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 KYD to BMD. 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 Bermudian 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 Cayman Islands to Bermuda money transfers.


Which are the best money transfer companies to send money to Bermuda from Cayman Islands?

Since the Cayman Islands Dollar 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 Cayman Islands 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 KYD 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 Cayman Islands to Bermuda transaction.


Step by step guide to do a money transfer from Cayman Islands to Bermuda

The first step to send money to Bermuda from Cayman Islands is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your KYD to BMD overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Bermuda if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Cayman Islands bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Bermuda!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Cayman Islands to Bermuda.