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

Compare today's KRW to BSD (South Korean Won to Bahamian Dollar) exchange rates

South Korea
Bahamas
KRW

Interbank Exchange Rate: 1 KRW = 0.0008 BSD
Updated about an hour ago

Found 1 Remittance Service Providers

GMEREMITTANCE
Read more about GME Remittance
( )★★ ( )★★ ( )★★ ( )★★ ( )★★
1000 KRW =
0.70 BSD
Transfer Limit (KRW): 0 - 6000000
Locked-In Rate1 KRW = 0.0007 BSD
Refer a friend to earn KRW 5,000
Get first transfer for free

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 South Korean Won to Bahamian Dollar money transfers

Easily compare money transfer providers in one place to send money from South Korea to Bahamas. Send money overseas to your loved ones by comparing South Korean Won (KRW) 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 South Korea, we currently have 1 remittance service providers available.

GME Remittance currently offers the most competitive rate for sending money to Bahamas and their 1 KRW to BSD exchange rate today is 0.0007.

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 Korea.

Were you looking to send money from Bahamas to South Korea 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 KRW to BSD Conversion Rates

Here are some latest KRW to BSD (South Korean Won to Bahamian Dollar) exchange rates for popular conversion amounts*.

1 KRW0.00 BSD
5 KRW0.00 BSD
10 KRW0.01 BSD
25 KRW0.02 BSD
50 KRW0.04 BSD
100 KRW0.08 BSD
150 KRW0.12 BSD
200 KRW0.16 BSD
250 KRW0.20 BSD
300 KRW0.24 BSD
400 KRW0.32 BSD
500 KRW0.40 BSD
600 KRW0.48 BSD
700 KRW0.56 BSD
800 KRW0.64 BSD
1,000 KRW0.80 BSD
1,500 KRW1.20 BSD
2,000 KRW1.60 BSD
2,500 KRW2.00 BSD
3,000 KRW2.40 BSD
4,000 KRW3.20 BSD
5,000 KRW4.00 BSD
10,000 KRW8.00 BSD
15,000 KRW12.00 BSD
20,000 KRW16.00 BSD
30,000 KRW24.00 BSD
40,000 KRW32.00 BSD
50,000 KRW40.00 BSD
100,000 KRW80.00 BSD

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


What's the best way to send money from South Korea to Bahamas?

Sending money internationally to Bahamas from South Korea can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your South Korean Won to BSD remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Bahamas. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Bahamian Dollar.


How to get the best rate to transfer money to Bahamas from South Korea?

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 South Korea 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 KRW 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 send money from South Korea to Bahamas?

One of the most important things to watch out for is hidden fees when sending money to Bahamas from South Korea. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Bahamas using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Bahamian Dollar foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best KRW to Bahamas exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Bahamas from South Korea.


How to send money to Bahamas from South Korea through a bank?

Bank transfers have been a traditionally popular way to send money overseas from South Korea to Bahamas. 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 KRW to BSD 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 South Korea bank for your Bahamas 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 to Bahamas from South Korea fast?

The speed of your South Korean Won to Bahamian 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 KRW to BSD. 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 Bahamas from South Korea 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 Bahamas 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 BSD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than South Korea bank to Bahamas bank transfer.


Which are the best money transfer companies to transfer money to Bahamas from South Korea?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from South Korea to Bahamas, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best South Korean Won to Bahamian Dollar exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your BSD money transfers to Bahamas. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Bahamas getting more money for every South Korean Won you send.


Step by step guide to transfer money to Bahamas from South Korea

The first step to send money to Bahamas from South Korea 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 KRW to BSD 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 Bahamas if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your South Korea bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Bahamas!

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 South Korea to Bahamas.