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Compare today's SAR to BMD (Saudi Riyal to Bermudian Dollar) exchange rates

Saudi Arabia
Bermuda
SAR
Interbank Exchange Rate: 1 SAR = 0.2666 BMD
Updated about an hour ago

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All you need to know about Saudi Riyal to Bermudian Dollar money transfers

Easily compare money transfer providers in one place to send money from Saudi Arabia to Bermuda. Send money overseas to your loved ones by comparing Saudi Riyal (SAR) 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.

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Latest SAR to BMD Conversion Rates

Here are some latest SAR to BMD (Saudi Riyal to Bermudian Dollar) exchange rates for popular conversion amounts*.

1 SAR0.27 BMD
5 SAR1.33 BMD
10 SAR2.67 BMD
25 SAR6.67 BMD
50 SAR13.33 BMD
100 SAR26.66 BMD
150 SAR39.99 BMD
200 SAR53.32 BMD
250 SAR66.65 BMD
300 SAR79.98 BMD
400 SAR106.64 BMD
500 SAR133.30 BMD
600 SAR159.96 BMD
700 SAR186.62 BMD
800 SAR213.28 BMD
1,000 SAR266.60 BMD
1,500 SAR399.90 BMD
2,000 SAR533.20 BMD
2,500 SAR666.50 BMD
3,000 SAR799.80 BMD
4,000 SAR1,066.40 BMD
5,000 SAR1,333.00 BMD
10,000 SAR2,666.00 BMD
15,000 SAR3,999.00 BMD
20,000 SAR5,332.00 BMD
30,000 SAR7,998.00 BMD
40,000 SAR10,664.00 BMD
50,000 SAR13,330.00 BMD
100,000 SAR26,660.00 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 Saudi Arabia?

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 Saudi Arabia to Bermuda. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Saudi Riyal to BMD.

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 SAR to BMD in Bermuda. 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 Bermuda from Saudi Arabia. We provide you with maximum choices to send money to Bermuda by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Bermuda from Saudi Arabia?

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 Bermuda.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Saudi Arabia to Bermuda 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 SAR to Bermudian 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 for transferring money to Bermuda from Saudi Arabia?

When you want to send money to Bermuda from Saudi Arabia, 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 SAR 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 Saudi Arabia 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 Saudi Arabia 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 to Bermuda from Saudi Arabia through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Saudi Arabia to Bermuda money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like SAR to BMD transfers.

Given this, there are umpteen additional options to send money to Bermuda instead of just your Saudi Arabia bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Saudi Riyal even more so that your recipient in Bermuda gets the maximum amount.


What is the fastest way to do a money transfer to Bermuda from Saudi Arabia?

The first thing to do when you need to convert SAR to BMD quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Saudi Riyal and Bermudian Dollar. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Saudi Arabia to Bermuda remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Bermuda.


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

Since the Saudi Riyal 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 Saudi Arabia 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 SAR 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 Saudi Arabia to Bermuda transaction.


Step by step guide to do a money transfer from Saudi Arabia to Bermuda

The first step to send money to Bermuda from Saudi Arabia 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 SAR 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 Saudi Arabia 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 Saudi Arabia to Bermuda.