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

Compare today's USD to BSD (US Dollar to Bahamian Dollar) exchange rates

Micronesia
Bahamas
USD

Interbank Exchange Rate: 1 USD = 1.0000 BSD
Updated about 1 hours ago

Found 1 Remittance Service Providers

(*)(*)(*)( )( )
1000 USD =
977.10 BSD
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 0.9771 BSD

📢 New! Cash pickup available

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 US Dollar to Bahamian Dollar money transfers

Easily compare money transfer providers in one place to send money from Micronesia to Bahamas. Send money overseas to your loved ones by comparing US Dollar (USD) 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 Micronesia, we currently have 1 remittance service providers available.

XE Money Transfer currently offers the most competitive rate for sending money to Bahamas and their 1 USD to BSD exchange rate today is 0.9771.

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 Micronesia.

Were you looking to send money from Bahamas to Micronesia 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 USD to BSD Conversion Rates

Here are some latest USD to BSD (US Dollar to Bahamian Dollar) exchange rates for popular conversion amounts*.

1 USD1.00 BSD
5 USD5.00 BSD
10 USD10.00 BSD
25 USD25.00 BSD
50 USD50.00 BSD
100 USD100.00 BSD
150 USD150.00 BSD
200 USD200.00 BSD
250 USD250.00 BSD
300 USD300.00 BSD
400 USD400.00 BSD
500 USD500.00 BSD
600 USD600.00 BSD
700 USD700.00 BSD
800 USD800.00 BSD
1,000 USD1,000.00 BSD
1,500 USD1,500.00 BSD
2,000 USD2,000.00 BSD
2,500 USD2,500.00 BSD
3,000 USD3,000.00 BSD
4,000 USD4,000.00 BSD
5,000 USD5,000.00 BSD
10,000 USD10,000.00 BSD
15,000 USD15,000.00 BSD
20,000 USD20,000.00 BSD
30,000 USD30,000.00 BSD
40,000 USD40,000.00 BSD
50,000 USD50,000.00 BSD
100,000 USD100,000.00 BSD

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


What's the best way to transfer money from Micronesia to Bahamas?

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 Micronesia 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 United States Dollar 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 USD 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 Micronesia. 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 exchange rate for sending money from Micronesia 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 Micronesia 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 USD 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 to transfer money from Micronesia to Bahamas?

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 Micronesia 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 United States Dollar 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 Micronesia 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 USD to BSD remittances.


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

We do not recommend using your local bank in Micronesia for your next USD to BSD 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 Micronesia to Bahamas (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 BSD to Bahamas. These companies will let you use your local bank account in Micronesia to pay for your Bahamas 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 Micronesia to Bahamas fast?

If you need to convert USD 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 Micronesia 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 United States Dollar 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 Micronesia 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 to Bahamas from Micronesia?

Comparing money transfer companies for sending money to Bahamas from Micronesia 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 United States Dollar 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 United States Dollar that you send.


Step by step guide to send money to Bahamas from Micronesia

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

  • 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 Micronesia 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 USD 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.