Compare today's ZAR to BMD (South African Rand to Bermudian Dollar) exchange rates
Interbank Exchange Rate: 1 ZAR = 0.0629 BMD
Updated about an hour ago
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All you need to know about South African Rand to Bermudian Dollar money transfers
Easily compare money transfer providers in one place to send money from South Africa to Bermuda. Send money overseas to your loved ones by comparing South African Rand (ZAR) 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 South Africa.
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Latest ZAR to BMD Conversion Rates
Here are some latest ZAR to BMD (South African Rand to Bermudian Dollar) exchange rates for popular conversion amounts*.
| 1 ZAR | 0.06 BMD |
| 5 ZAR | 0.31 BMD |
| 10 ZAR | 0.63 BMD |
| 25 ZAR | 1.57 BMD |
| 50 ZAR | 3.15 BMD |
| 100 ZAR | 6.29 BMD |
| 150 ZAR | 9.44 BMD |
| 200 ZAR | 12.58 BMD |
| 250 ZAR | 15.73 BMD |
| 300 ZAR | 18.87 BMD |
| 400 ZAR | 25.16 BMD |
| 500 ZAR | 31.45 BMD |
| 600 ZAR | 37.74 BMD |
| 700 ZAR | 44.03 BMD |
| 800 ZAR | 50.32 BMD |
| 1,000 ZAR | 62.90 BMD |
| 1,500 ZAR | 94.35 BMD |
| 2,000 ZAR | 125.80 BMD |
| 2,500 ZAR | 157.25 BMD |
| 3,000 ZAR | 188.70 BMD |
| 4,000 ZAR | 251.60 BMD |
| 5,000 ZAR | 314.50 BMD |
| 10,000 ZAR | 629.00 BMD |
| 15,000 ZAR | 943.50 BMD |
| 20,000 ZAR | 1,258.00 BMD |
| 30,000 ZAR | 1,887.00 BMD |
| 40,000 ZAR | 2,516.00 BMD |
| 50,000 ZAR | 3,145.00 BMD |
| 100,000 ZAR | 6,290.00 BMD |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from South Africa to Bermuda?
It can be very confusing when sending money from South Africa to Bermuda given so many choices. Additionally, South African Rand to BMD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.Choose South Africa to Bermuda as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Bermuda from South Africa. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.
To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for South African Rand to Bermudian Dollar remittances.
How to get the best exchange rate for your money transfers from South Africa 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 South Africa 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 ZAR 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 South African Rand 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 South Africa to Bermuda?
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 South Africa to Bermuda 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 South African Rand to Bermudian 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 South Africa to Bermuda 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 ZAR to BMD remittances.
Should I use my bank to send money from South Africa to Bermuda?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low ZAR to BMD exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on South Africa to Bermuda money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Bermuda from South Africa. They do this by letting you fund your transaction through your local bank account in South Africa, and by allowing you to choose the payout to be your recipient's bank account in Bermuda. But, you are likely to get much better rates and lower fees compared to your bank.
How to send money to Bermuda from South Africa fast?
If you need to convert ZAR to BMD 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 South Africa to Bermuda 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 South African Rand to Bermudian 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 Bermuda.
With so many choices available, make sure to compare various forex operators that enable you to remit money from South Africa to Bermuda. 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 Bermuda from South Africa?
The first step in selecting the best money transfer operators for South Africa to Bermuda remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.
Another factor that may help you decide which provider to go with would be any coupons and deals available for South African Rand to Bermudian Dollar money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Bermuda.
Step by step guide to do a money transfer from South Africa to Bermuda
There are many important aspects of South Africa 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 - South Africa 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 South African Rand amount you want to send from South Africa.
- 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.