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

Compare today's ILS to BMD (Israeli New Sheqel to Bermudian Dollar) exchange rates

Israel
Bermuda
ILS

Interbank Exchange Rate: 1 ILS = 0.3245 BMD
Updated about 1 hours ago

Found 2 Remittance Service Providers

(*)(*)(*)(*)( )
1000 ILS =
318.90 BMD
Transfer Limit (ILS): 0 - 20000
Locked-In Rate1 ILS = 0.3189 BMD

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)(*)
1000 ILS =
309.20 BMD
Transfer Limit (ILS): 1 - 1000000
Locked-In Rate1 ILS = 0.3092 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 Israeli New Sheqel to Bermudian Dollar money transfers

Easily compare money transfer providers in one place to send money from Israel to Bermuda. Send money overseas to your loved ones by comparing Israeli New Sheqel (ILS) 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 Israel, we currently have 2 remittance service providers available.

Remitly currently offers the most competitive rate for sending money to Bermuda and their 1 ILS to BMD exchange rate today is 0.3189.

The next best Israeli New Sheqel to Bermudian Dollar exchange rate today for money transfers to Bermuda is offered by Wise (1 ILS = 0.3092 BMD).

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 Bermuda 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 BMD Conversion Rates

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

1 ILS0.32 BMD
5 ILS1.62 BMD
10 ILS3.25 BMD
25 ILS8.11 BMD
50 ILS16.23 BMD
100 ILS32.45 BMD
150 ILS48.68 BMD
200 ILS64.90 BMD
250 ILS81.13 BMD
300 ILS97.35 BMD
400 ILS129.80 BMD
500 ILS162.25 BMD
600 ILS194.70 BMD
700 ILS227.15 BMD
800 ILS259.60 BMD
1,000 ILS324.50 BMD
1,500 ILS486.75 BMD
2,000 ILS649.00 BMD
2,500 ILS811.25 BMD
3,000 ILS973.50 BMD
4,000 ILS1,298.00 BMD
5,000 ILS1,622.50 BMD
10,000 ILS3,245.00 BMD
15,000 ILS4,867.50 BMD
20,000 ILS6,490.00 BMD
30,000 ILS9,735.00 BMD
40,000 ILS12,980.00 BMD
50,000 ILS16,225.00 BMD
100,000 ILS32,450.00 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 to Bermuda from Israel?

It can be very confusing when sending money from Israel to Bermuda given so many choices. Additionally, Israeli New Sheqel 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 Israel 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 Israel. 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 Israeli New Sheqel to Bermudian Dollar remittances.


How to get the best exchange rate for sending money from Israel 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 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 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 Israel 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 transfer money from Israel to Bermuda?

When you want to send money to Bermuda from Israel, 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 ILS 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 Israel 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 Israel 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 Israel to Bermuda through a bank?

We do not recommend using your local bank in Israel for your next ILS 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 Israel 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 Israel 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.


How to send money from Israel to Bermuda fast?

If you need to convert ILS to BMD 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 Bermuda 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 Bermudian 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 Bermuda.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Israel to Bermuda. 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 from Israel to Bermuda?

Israel to Bermuda money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Bermuda as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Israeli New Sheqel to Bermudian Dollar money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to transfer money to Bermuda from Israel

There are many important aspects of Israel to Bermuda remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Israel bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include BMD bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Israeli New Sheqel amount you want to send from Israel.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Bermuda to validate that they get the money once the transaction clears.