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

Compare today's SBD to USD (Solomon Islands Dollar to US Dollar) exchange rates

Solomon Islands
British Indian Ocean Territory
SBD

Interbank Exchange Rate: 1 SBD = 0.1241 USD
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Solomon Islands Dollar to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Solomon Islands to British Indian Ocean Territory. Send money overseas to your loved ones by comparing Solomon Islands Dollar (SBD) to US Dollar (USD) 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 Solomon Islands.

Were you looking to send money from British Indian Ocean Territory to Solomon Islands 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 SBD to USD Conversion Rates

Here are some latest SBD to USD (Solomon Islands Dollar to US Dollar) exchange rates for popular conversion amounts*.

1 SBD0.12 USD
5 SBD0.62 USD
10 SBD1.24 USD
25 SBD3.10 USD
50 SBD6.21 USD
100 SBD12.41 USD
150 SBD18.62 USD
200 SBD24.82 USD
250 SBD31.03 USD
300 SBD37.23 USD
400 SBD49.64 USD
500 SBD62.05 USD
600 SBD74.46 USD
700 SBD86.87 USD
800 SBD99.28 USD
1,000 SBD124.10 USD
1,500 SBD186.15 USD
2,000 SBD248.20 USD
2,500 SBD310.25 USD
3,000 SBD372.30 USD
4,000 SBD496.40 USD
5,000 SBD620.50 USD
10,000 SBD1,241.00 USD
15,000 SBD1,861.50 USD
20,000 SBD2,482.00 USD
30,000 SBD3,723.00 USD
40,000 SBD4,964.00 USD
50,000 SBD6,205.00 USD
100,000 SBD12,410.00 USD

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


What's the best way to do Solomon Islands to British Indian Ocean Territory money transfers?

There are many good choices when it comes to sending money from Solomon Islands to British Indian Ocean Territory. 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 Solomon Islands Dollar to USD money transfers.

We compare different remittance companies to bring you the best options to send money to British Indian Ocean Territory from Solomon Islands. 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 Solomon Islands Dollar to United States Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for your money transfers from Solomon Islands to British Indian Ocean Territory?

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 British Indian Ocean Territory.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Solomon Islands to British Indian Ocean Territory 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 SBD to United States 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 send money to British Indian Ocean Territory from Solomon Islands?

Finding the cheapest way to send money from Solomon Islands to British Indian Ocean Territory might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer SBD to USD via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Solomon Islands to British Indian Ocean Territory exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money from Solomon Islands to British Indian Ocean Territory through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Solomon Islands to British Indian Ocean Territory. 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 SBD to USD 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 Solomon Islands bank for your British Indian Ocean Territory 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.


How to send money from Solomon Islands to British Indian Ocean Territory fast?

If you need to convert SBD to USD 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 Solomon Islands to British Indian Ocean Territory 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 Solomon Islands Dollar to United States 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 British Indian Ocean Territory.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Solomon Islands to British Indian Ocean Territory. 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 British Indian Ocean Territory from Solomon Islands?

Since the Solomon Islands Dollar to United States 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 Solomon Islands that may also be able to send money to British Indian Ocean Territory. 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 SBD to USD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in British Indian Ocean Territory gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Solomon Islands to British Indian Ocean Territory transaction.


Step by step guide to send money from Solomon Islands to British Indian Ocean Territory

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Solomon Islands to British Indian Ocean Territory, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Solomon Islands to British Indian Ocean Territory that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in British Indian Ocean Territory where they can receive monies in United States Dollar.
  • Then, provide details of your Solomon Islands bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your SBD travel to another part of the globe.