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How to Send Money from Bahrain to Canada

Get the best deals when you transfer from Bahrain to Canada. Find the cheapest, fastest, and most reliable providers with the best exchange rates.

Read on for the best deals, expert information, and all you need to send money to Canada from Bahrain.

Keith Hodges
Author 
Keith Hodges
3 minutes
May 25th, 2023
Affiliate Disclosure

How to send money to Canada from Bahrain

The best way to send BHD to CAD

Regency FX

The total number of Bahrain to Canadian Dollar providers

1

The average cheapest way to send money from Bahrain to Canada

Regency FX

Best option for debit card transfers

Best option for bank transfers

Regency FX

You can always compare rates and fees based on your transfer amount and payment options when sending money.

The best way to send money from Bahrain to Canada

We recommend using Wise for money transfers to Canada from Bahrain.

We analyzed 1 providers that allow BHD to CAD transfers. Wise emerged as the best option in 65.2% of searches.

What’s the cheapest way to send money from Bahrain to Canada?

Based on results from the last 3 months, of the 1 providers we list, the cheapest way to send money from the Bahrain to Canada was Regency FX, and the average cheapest payment method was bankTransfer.

Regency FX has averaged % cheaper than the next nearest provider for money transfers to Canada from Bahrain.

Just to make you aware, bankTransfer was the overall cheapest payment method.

The cheapest way to send money isn't always the fastest

Be sure to pick the right option, Instarem is the most cost effective way of sending, but make sure the timeframes work for you.

How the cost of sending money to Canada from Bahrain is calculated

The cost of sending money from Bahrain to Bahrain depends on several things, including:

The mid-market rate

The current mid-market rate between BHD and CAD is 3.593975. The rate the time you transfer will impact your overall cost. As an example, Regency FX has averaged -0.05% below the mid-market rate over the last 3 months, generally making sending money a little cheaper before fees.

The markup and fee

Providers will often charge a markup on the rate, fees, or both, for transfers between Bahrain and Canada. This is why Instarem is listed as our cheapest option - they offer the best combination of Bahraini Dinar to Canadian Dollar (0.2) and fees ().

Bank transfers from Bahrain to Canada

Bank transfers are the most common way of sending BHD to Canada as they are secure, reliable, and convenient.

If you want to send Bahraini Dinars to Canada through a bank transfer, Regency FX has been the top rated provider in our comparison system for the last 3 months, being recommended 100% of the time.

That’s because companies like Regency FX bypass the SWIFT network by relying on their own digital network of banks, making transfers faster and cheaper. As an example, Regency FX's transaction fees for Bahraini Dinars into Canada have averaged significantly lower than banks for the last 3 months.

Finding the best exchange rate for BHD to CAD

The mid-market exchange rate changes daily, so timing your transfer can make a big difference to how many Canadian Dollars you can get for your Bahraini Dinars. The average Bahraini Dinar to Canadian Dollar mid-market rate over the last month was , with a low of and a high of .

For comparison, the best exchange rate for BHD to CAD right now is through Regency FX, at a difference of 0.2%.

How we find the best transfer deals from Bahrain to Canada

We’ve compared the cost, speed, and product offering of the top money transfer services (including Regency FX) available between Canada and Bahrain.

We also produce unbiased, detailed reviews of all the top money transfer companies for sending Bahraini Dinar to Canada, helping you in making smarter, simpler choices. We pride ourselves on our objective reviews, maintaining complete independence in our analysis and ratings.

Take a look at our comprehensive editorial policy for more information about our dedication to integrity and transparency.

Frequently asked questions

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Contributors

Keith Hodges
Keith is a digital specialist with a background in the financial industry, both as a marketeer and a journalist. Keith joined MoneyTransfers.com in order to take the business to the next level and expand our offering in multiple international money transfer markets.
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