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

Compare today's EUR to BMD (Euro to Bermudian Dollar) exchange rates

Luxembourg
Bermuda
EUR

Interbank Exchange Rate: 1 EUR = 1.1837 BMD
Updated about an hour ago

Found 1 Remittance Service Providers

TRANSFERWISE
Read more about Wise
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 EUR =
1 157.40 BMD
Transfer Limit (EUR): 1 - 1000000
Locked-In Rate1 EUR = 1.1574 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 Euro to Bermudian Dollar money transfers

Easily compare money transfer providers in one place to send money from Luxembourg to Bermuda. Send money overseas to your loved ones by comparing Euro (EUR) 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 Luxembourg, we currently have 1 remittance service providers available.

Wise currently offers the most competitive rate for sending money to Bermuda and their 1 EUR to BMD exchange rate today is 1.1574.

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 Luxembourg.

Were you looking to send money from Bermuda to Luxembourg 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 EUR to BMD Conversion Rates

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

1 EUR1.18 BMD
5 EUR5.92 BMD
10 EUR11.84 BMD
25 EUR29.59 BMD
50 EUR59.19 BMD
100 EUR118.37 BMD
150 EUR177.56 BMD
200 EUR236.74 BMD
250 EUR295.93 BMD
300 EUR355.11 BMD
400 EUR473.48 BMD
500 EUR591.85 BMD
600 EUR710.22 BMD
700 EUR828.59 BMD
800 EUR946.96 BMD
1,000 EUR1,183.70 BMD
1,500 EUR1,775.55 BMD
2,000 EUR2,367.40 BMD
2,500 EUR2,959.25 BMD
3,000 EUR3,551.10 BMD
4,000 EUR4,734.80 BMD
5,000 EUR5,918.50 BMD
10,000 EUR11,837.00 BMD
15,000 EUR17,755.50 BMD
20,000 EUR23,674.00 BMD
30,000 EUR35,511.00 BMD
40,000 EUR47,348.00 BMD
50,000 EUR59,185.00 BMD
100,000 EUR118,370.00 BMD

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


What's the best way to do Luxembourg to Bermuda money transfers?

There are many good choices when it comes to sending money from Luxembourg to Bermuda. 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 Euro to BMD money transfers.

We compare different remittance companies to bring you the best options to send money to Bermuda from Luxembourg. 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 Euro to Bermudian Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Bermuda from Luxembourg?

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 Luxembourg 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 EUR 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 Euro 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 send money from Luxembourg to Bermuda?

When you want to send money to Bermuda from Luxembourg, 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 EUR 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 Luxembourg 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 Luxembourg 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 send money from Luxembourg to Bermuda?

Bank transfers have been a traditionally popular way to send money overseas from Luxembourg 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 EUR 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 Luxembourg 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 do a money transfer to Bermuda from Luxembourg?

The speed of your Euro to Bermudian Dollar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert EUR to BMD. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Bermuda from Luxembourg is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Bermuda if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout BMD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Luxembourg bank to Bermuda bank transfer.


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

Luxembourg 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 Euro 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 do a money transfer from Luxembourg to Bermuda

The first step to send money to Bermuda from Luxembourg 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 EUR 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 Luxembourg 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 Luxembourg to Bermuda.