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Best way to send: Wise
We tested & reviewed 2 money transfer companies offering services between India and Bermuda, and Wise scored highly.
In total, Wise appeared in 100% of India to Bermuda searches, and was the top rated company out of 2 that support transfers into Bermudian Dollar.
So for a great mix of cost, speed & features, make your India to Bermuda transfer using Wise.
How to get the best deal on sending money from India to Bermuda
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from India to Bermuda.
- Choose a provider
Select the provider that offers you the best value on buying BMD & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
What to consider ahead of money transfers from India to Bermuda
Comparing based on your specific needs is the best way to send money from India to Bermuda with confidence.
Our analysis, and search results, include 2 providers that operate between India and Bermuda. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in India when you need to send money to Bermuda.
Cheapest way to transfer money from India to Bermuda: Wise
Our data shows Wise is 0.2% cheaper than the second-best option. The company offers an average fee of 2,636.57* INR and an average exchange rate between INR and BMD that is -0.18% different to the mid-market rate.
For a cheap way to send INR to Bermuda, Wise is a great all round choice.
*The most common fee applied to INR-BMD by Wise, based on data from the past six months.
Fastest company to send money to Bermuda from India: Ria Money Transfer.
Through our data, Ria Money Transfer was the quickest way to send money from India to Bermudian Dollar 100% of the time.
Sending money through Ria Money Transfer to Bermuda from India has an average fee of 4 INR.
To understand who was the fastest, we tested Ria Money Transfer as part of 2 money transfer providers. Within this, we looked at the overall speed of sending money from India to Bermuda. This was made up of transfer times to Bermuda after Indian Rupees were added to a money transfer account.
When fast money transfers between India and Bermuda are a priority, Ria Money Transfer is our recommended choice.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 2 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Bermudian Dollar to Bermudian Dollar.
As such, opt for Wise for sending large sums of money to Bermuda from India.
Understanding the cost of transferring money to Bermuda from {countryFromName}}
Fees and exchange rates make up the total cost of sending money from Bermuda to Bermuda. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current INR-BMD mid-market rate is 0.0119 BMD per Indian Rupee. You will get more Bermudian Dollar for your Indian Rupees if you find a provider close to this number.
For context, over the last three months the INR-BMD mid-market rate has had a high of 0.012, a low of 0.012 and averaged 0.012 BMD per Indian Rupee.
Across the 2 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting INR to BMD will be the biggest determining factor when working out the cost of transferring Indian Rupees to Bermuda.
Fees: Transfer fees are charged as part of the transfer. Wise at an average of 2,636.57 INR per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Bermudian Dollar eventually received in Bermuda. You can assume that a lower cost of sending from India will result in more money received in Bermuda.
Getting the best exchange rate for Indian Rupee to Bermudian Dollar
Tracking the mid-market rate can make a huge difference when sending money INR to BMD. The exchange rate you secure impacts how much BMD you get for your INR.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from INR to BMD has seen some fluctuation. On average, it has been 0.012.
During this period, the highest value level was 0.012, with a low of 0.012.
Wise, which is our recommended service to send money online from India to Bermuda offers an exchange rate that is only -0.18% above the mid-market rate.
Want to secure the best INR-Bermudian Dollar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from India to Bermuda!
Payment methods available to fund your India to Bermuda transfer
Bank transfers
Bank transfers are often the better option for money transfers from India to Bermuda.
Sending money via a bank transfer with a company such as Wise for transfers from India to Bermuda allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Wise is the best provider for bank transfers of the 2 we tested when sending INR to Bermuda.
With an average fee of INR2,636.57 to send money from India to Bermuda, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Bermuda with a prepaid or a debit card is very simple with .
is a leader in card payments for transfers from India to Bermuda, competing among a total of 2 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from India to Bermuda, emerges as our top choice of the 2 companies offering this service.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Bermuda and India.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from India to Bermuda.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to BMD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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