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

Compare today's GBP to BMD (British Pound to Bermudian Dollar) exchange rates

United Kingdom
Bermuda
GBP
Interbank Exchange Rate: 1 GBP = 1.3337 BMD
Updated about an hour ago

Found 1 Remittance Service Providers

REMITLY
Read more about Remitly
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 GBP =
1 301.20 BMD
Transfer Limit (GBP): 0 - 20000
Locked-In Rate1 GBP = 1.3012 BMD

📢 Special exchange rate applied for first transfer

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 British Pound to Bermudian Dollar money transfers

Easily compare money transfer providers in one place to send money from United Kingdom to Bermuda. Send money overseas to your loved ones by comparing British Pound (GBP) 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.

When making a money transfer to Bermuda from United Kingdom, we currently have 1 remittance service providers available.

Remitly currently offers the most competitive rate for sending money to Bermuda and their 1 GBP to BMD exchange rate today is 1.3012.

Were you looking to send money from Bermuda to United Kingdom instead?

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.

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.


Latest GBP to BMD Conversion Rates

Here are some latest GBP to BMD (British Pound to Bermudian Dollar) exchange rates for popular conversion amounts*.

1 GBP1.33 BMD
5 GBP6.67 BMD
10 GBP13.34 BMD
25 GBP33.34 BMD
50 GBP66.69 BMD
100 GBP133.37 BMD
150 GBP200.06 BMD
200 GBP266.74 BMD
250 GBP333.43 BMD
300 GBP400.11 BMD
400 GBP533.48 BMD
500 GBP666.85 BMD
600 GBP800.22 BMD
700 GBP933.59 BMD
800 GBP1,066.96 BMD
1,000 GBP1,333.70 BMD
1,500 GBP2,000.55 BMD
2,000 GBP2,667.40 BMD
2,500 GBP3,334.25 BMD
3,000 GBP4,001.10 BMD
4,000 GBP5,334.80 BMD
5,000 GBP6,668.50 BMD
10,000 GBP13,337.00 BMD
15,000 GBP20,005.50 BMD
20,000 GBP26,674.00 BMD
30,000 GBP40,011.00 BMD
40,000 GBP53,348.00 BMD
50,000 GBP66,685.00 BMD
100,000 GBP133,370.00 BMD

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


What's the best way to do UK to Bermuda money transfers?

With the global remittance market booming, there are so many choices for British Pound to BMD money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Bermuda from UK. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final BMD amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for sending money from UK to Bermuda?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Bermuda from UK. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your GBP to Bermudian Dollar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the UK to Bermuda corridor to give you more good choices for your next BMD money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to Bermuda from UK?

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 UK 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 British Pound 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 UK 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 GBP to BMD remittances.


Should I use my bank to transfer money from UK to Bermuda?

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 UK 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 GBP to BMD transfers.

Given this, there are umpteen additional options to send money to Bermuda instead of just your UK 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 British Pound even more so that your recipient in Bermuda gets the maximum amount.


How to send money from UK to Bermuda fast?

The first thing to do when you need to convert GBP 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 British Pound 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 UK 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 transfer money from UK to Bermuda?

The first step in selecting the best money transfer operators for UK 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 British Pound 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 send money from UK to Bermuda

With so many possible ways to transfer British Pound to Bermudian Dollar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your UK to Bermuda remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in UK and the receiver in Bermuda. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your GBP to Bermudian Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.