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

Compare today's GNF to BSD (Guinean Franc to Bahamian Dollar) exchange rates

Guinea
Bahamas
GNF

Interbank Exchange Rate: 1 GNF = 0.0002 BSD
Updated about an hour ago

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All you need to know about Guinean Franc to Bahamian Dollar money transfers

Easily compare money transfer providers in one place to send money from Guinea to Bahamas. Send money overseas to your loved ones by comparing Guinean Franc (GNF) to Bahamian Dollar (BSD) 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 Guinea.

Were you looking to send money from Bahamas to Guinea 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 GNF to BSD Conversion Rates

Here are some latest GNF to BSD (Guinean Franc to Bahamian Dollar) exchange rates for popular conversion amounts*.

1 GNF0.00 BSD
5 GNF0.00 BSD
10 GNF0.00 BSD
25 GNF0.01 BSD
50 GNF0.01 BSD
100 GNF0.02 BSD
150 GNF0.03 BSD
200 GNF0.04 BSD
250 GNF0.05 BSD
300 GNF0.06 BSD
400 GNF0.08 BSD
500 GNF0.10 BSD
600 GNF0.12 BSD
700 GNF0.14 BSD
800 GNF0.16 BSD
1,000 GNF0.20 BSD
1,500 GNF0.30 BSD
2,000 GNF0.40 BSD
2,500 GNF0.50 BSD
3,000 GNF0.60 BSD
4,000 GNF0.80 BSD
5,000 GNF1.00 BSD
10,000 GNF2.00 BSD
15,000 GNF3.00 BSD
20,000 GNF4.00 BSD
30,000 GNF6.00 BSD
40,000 GNF8.00 BSD
50,000 GNF10.00 BSD
100,000 GNF20.00 BSD

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


What's the best way to do Guinea to Bahamas 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 Guinea to Bahamas. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Guinean Franc to BSD.

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 GNF to BSD in Bahamas. 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 Bahamas from Guinea. We provide you with maximum choices to send money to Bahamas by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best remit rate for transferring money from Guinea to Bahamas?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Bahamas.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Guinea to Bahamas transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your GNF to Bahamian Dollar money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way for transferring money to Bahamas from Guinea?

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 Guinea to Bahamas 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 Guinean Franc to Bahamian 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 Guinea to Bahamas 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 GNF to BSD remittances.


Should I use my bank to transfer money from Guinea to Bahamas?

Bank transfers have been a traditionally popular way to send money overseas from Guinea to Bahamas. 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 GNF to BSD 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 Guinea bank for your Bahamas 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.


What is the fastest way to transfer money from Guinea to Bahamas?

If you need to convert GNF to BSD as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Guinea to Bahamas could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Guinean Franc to Bahamian Dollar funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Bahamas.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Guinea to Bahamas. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to transfer money from Guinea to Bahamas?

Comparing money transfer companies for sending money to Bahamas from Guinea 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 Bahamas. 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 Guinean Franc to Bahamian 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 Bahamian Dollar yield on every Guinean Franc that you send.


Step by step guide to do a money transfer from Guinea to Bahamas

Follow the below easy steps to send money to Bahamas from Guinea.

  • 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 Guinea bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Bahamas).
  • 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.

The provider will then work on your GNF to BSD remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.