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

Compare today's LRD to BMD (Liberian Dollar to Bermudian Dollar) exchange rates

Liberia
Bermuda
LRD

Interbank Exchange Rate: 1 LRD = 0.0054 BMD
Updated about an hour ago

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All you need to know about Liberian Dollar to Bermudian Dollar money transfers

Easily compare money transfer providers in one place to send money from Liberia to Bermuda. Send money overseas to your loved ones by comparing Liberian Dollar (LRD) 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 Liberia.

Were you looking to send money from Bermuda to Liberia 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 LRD to BMD Conversion Rates

Here are some latest LRD to BMD (Liberian Dollar to Bermudian Dollar) exchange rates for popular conversion amounts*.

1 LRD0.01 BMD
5 LRD0.03 BMD
10 LRD0.05 BMD
25 LRD0.14 BMD
50 LRD0.27 BMD
100 LRD0.54 BMD
150 LRD0.81 BMD
200 LRD1.08 BMD
250 LRD1.35 BMD
300 LRD1.62 BMD
400 LRD2.16 BMD
500 LRD2.70 BMD
600 LRD3.24 BMD
700 LRD3.78 BMD
800 LRD4.32 BMD
1,000 LRD5.40 BMD
1,500 LRD8.10 BMD
2,000 LRD10.80 BMD
2,500 LRD13.50 BMD
3,000 LRD16.20 BMD
4,000 LRD21.60 BMD
5,000 LRD27.00 BMD
10,000 LRD54.00 BMD
15,000 LRD81.00 BMD
20,000 LRD108.00 BMD
30,000 LRD162.00 BMD
40,000 LRD216.00 BMD
50,000 LRD270.00 BMD
100,000 LRD540.00 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 Liberia to Bermuda?

Sending money internationally to Bermuda from Liberia can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Liberian Dollar to BMD remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Bermuda. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Bermudian Dollar.


How to get the best remit rate for transferring money from Liberia 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 Liberia 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 LRD 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 Liberian 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 to transfer money from Liberia to Bermuda?

When you want to send money to Bermuda from Liberia, 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 LRD 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 Liberia 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 Liberia 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.


Should I use my bank to transfer money from Liberia to Bermuda?

Bank transfers have been a traditionally popular way to send money overseas from Liberia to Bermuda. 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 LRD to BMD 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 Liberia bank for your Bermuda 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 Liberia to Bermuda?

It could be a stressful experience if you need to rush money quickly from Liberia 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 LRD 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 Liberia to Bermuda money transfers.


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

Since the Liberian 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 Liberia 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 LRD 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 Liberia to Bermuda transaction.


Step by step guide to send money to Bermuda from Liberia

There are many important aspects of Liberia 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 - Liberia 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 Liberian Dollar amount you want to send from Liberia.
  • 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.