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

Compare today's ILS to BSD (Israeli New Sheqel to Bahamian Dollar) exchange rates

Israel
Bahamas
ILS

Interbank Exchange Rate: 1 ILS = 0.3232 BSD
Updated about an hour ago

Found 1 Remittance Service Providers

REMITLY
Read more about Remitly
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 ILS =
319.20 BSD
Transfer Limit (ILS): 0 - 20000
Locked-In Rate1 ILS = 0.3192 BSD

📢 Special exchange rate applied for first transfer

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 Israeli New Sheqel to Bahamian Dollar money transfers

Easily compare money transfer providers in one place to send money from Israel to Bahamas. Send money overseas to your loved ones by comparing Israeli New Sheqel (ILS) 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.

When making a money transfer to Bahamas from Israel, we currently have 1 remittance service providers available.

Remitly currently offers the most competitive rate for sending money to Bahamas and their 1 ILS to BSD exchange rate today is 0.3192.

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 Israel.

Were you looking to send money from Bahamas to Israel 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 ILS to BSD Conversion Rates

Here are some latest ILS to BSD (Israeli New Sheqel to Bahamian Dollar) exchange rates for popular conversion amounts*.

1 ILS0.32 BSD
5 ILS1.62 BSD
10 ILS3.23 BSD
25 ILS8.08 BSD
50 ILS16.16 BSD
100 ILS32.32 BSD
150 ILS48.48 BSD
200 ILS64.64 BSD
250 ILS80.80 BSD
300 ILS96.96 BSD
400 ILS129.28 BSD
500 ILS161.60 BSD
600 ILS193.92 BSD
700 ILS226.24 BSD
800 ILS258.56 BSD
1,000 ILS323.20 BSD
1,500 ILS484.80 BSD
2,000 ILS646.40 BSD
2,500 ILS808.00 BSD
3,000 ILS969.60 BSD
4,000 ILS1,292.80 BSD
5,000 ILS1,616.00 BSD
10,000 ILS3,232.00 BSD
15,000 ILS4,848.00 BSD
20,000 ILS6,464.00 BSD
30,000 ILS9,696.00 BSD
40,000 ILS12,928.00 BSD
50,000 ILS16,160.00 BSD
100,000 ILS32,320.00 BSD

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


What's the best way to send money from Israel to Bahamas?

There are many good choices when it comes to sending money from Israel to Bahamas. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Israeli New Sheqel to BSD money transfers.

We compare different remittance companies to bring you the best options to send money to Bahamas from Israel. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Israeli New Sheqel to Bahamian Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.


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

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Bahamas from Israel. 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 ILS to Bahamian 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 Israel to Bahamas corridor to give you more good choices for your next BSD 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 Israel to Bahamas?

When you want to send money to Bahamas from Israel, you obviously want the cheapest possible option to maximize the money your recipient gets in Bahamian 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 ILS to BSD 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 Israel to Bahamas. 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 Israel to Bahamas 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 Bahamian Dollar overseas.


Should I use my bank to send money from Israel to Bahamas?

Bank transfers have been a traditionally popular way to send money overseas from Israel 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 ILS 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 Israel 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.


How to send money from Israel to Bahamas fast?

If you need to convert ILS 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 Israel 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 Israeli New Sheqel 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 Israel 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 send money to Bahamas from Israel?

Comparing money transfer companies for sending money to Bahamas from Israel 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 Israeli New Sheqel 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 Israeli New Sheqel that you send.


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

The first step to send money to Bahamas from Israel 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 ILS to BSD 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 Bahamas if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Israel bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Bahamas!

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 Israel to Bahamas.