How to send money to Bahamas from UK with the best GBP-BSD rate

We’ve compared 4 companies, and found MoneyGram to be the cheapest, while MoneyGram the fastest.

Sending £6,000 gets you $7,783.8 with MoneyGram at 1.2973 rupees per pound, about 0.15% more than the next best option.

Best companies for GBP/BSD transfers

4 of 4 providers

Last updated on 28 September 2026

Based on 6,000 GBP transfer

Best companies for GBP/BSD transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee £210.32 1 GBP = 1.3256 BSD Recipient gets $7,674.80 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Bahamas with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
£210.321 GBP = 1.3256 BSD
$7,674.80You pay£6,000.00
Promoted

Xe

Pay via Debit card
Fee £0.00 1 GBP = 1.2953 BSD Recipient gets $7,771.80 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Bahamas with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 1.2953 BSD
$7,771.80You pay£6,000.00

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Showing top United Kingdom to Bahamas deals for 6,000 GBP. Do a live search with your exact amount for today's best rates.
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee £4.99 1 GBP = 1.2973 BSD Recipient gets $7,783.80 Minutes - 24 hours
Cheapest

Ways to receive money in Bahamas with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
£4.991 GBP = 1.2973 BSD
$7,783.80You pay£6,004.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee £4.99 1 GBP = 1.2973 BSD Recipient gets $7,783.80 Minutes - 24 hours

Ways to receive money in Bahamas with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
£4.991 GBP = 1.2973 BSD
$7,783.80You pay£6,004.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee £4.99 1 GBP = 1.2973 BSD Recipient gets $7,783.80 Minutes - 24 hours

Ways to receive money in Bahamas with MoneyGram when paying by bank transfer.

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
£4.991 GBP = 1.2973 BSD
$7,783.80You pay£6,004.99

Xe

Pay via Debit card
Fee £0.00 1 GBP = 1.2953 BSD Recipient gets $7,771.80 Minutes - 24 hours
Fastest
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Bahamas with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 1.2953 BSD
$7,771.80You pay£6,000.00

Xe

Pay via Bank transfer
Fee £0.00 1 GBP = 1.2953 BSD Recipient gets $7,771.80 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Bahamas with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 1.2953 BSD
$7,771.80You pay£6,000.00

Xe

Pay via Credit card
Fee £0.00 1 GBP = 1.2953 BSD Recipient gets $7,771.80 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Bahamas with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 1.2953 BSD
$7,771.80You pay£6,000.00

Wise

Pay via Bank transfer
Fee £210.32 1 GBP = 1.3256 BSD Recipient gets $7,674.80 Within a week
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Bahamas with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
£210.321 GBP = 1.3256 BSD
$7,674.80You pay£6,000.00

Wise

Pay via Debit card
Fee £228.14 1 GBP = 1.3256 BSD Recipient gets $7,651.18 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Bahamas with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
£228.141 GBP = 1.3256 BSD
$7,651.18You pay£6,000.00

Wise

Pay via Credit card
Fee £335.07 1 GBP = 1.3256 BSD Recipient gets $7,509.43 Within a week
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Bahamas with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin a weekAvailable via:SWIFT
£335.071 GBP = 1.3256 BSD
$7,509.43You pay£6,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee £0.00 1 GBP = 0.0000 BSD +0.27% vs mid-market Recipient gets $0.00 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Bahamas with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 GBP = 0.0000 BSD
$0.00You pay£6,000.00

How to send money from UK to Bahamas

Pick a company

For a one-off transfer to Bahamas, I suggest picking the cheapest option which is MoneyGram.

On a 6,000 GBP transfer, MoneyGram delivers the most BSD.

The best option will change depending on how much you actually send, so I suggest to get the best GBP/BSD rate.

Fund your transfer

You have 3 ways to pay, including bank transfer, debit card, and credit card.

Paying from your bank is usually both cheapest and quickest, since most companies connect straight into your banking app via Open Banking.

Anywhere a debit card works, Apple Pay and Google Pay usually do too.

Verify and send

First time round you'll need to confirm your name, date of birth, address and a photo ID.

On £6,000 transfer it's normally instant but can take a couple hours.

Compare amounts

How much GBP are you sending to Bahamas?

How much GBP you send to Bahamas heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Cheapest service
£5000.75%£0.00$658.95with debit card to bank deposit+$14.83
£1,0000.67%£0.00$1,316.80with debit card to bank deposit+$27.13
£2,000£4.99$2,594.60with debit card to cash pickup+$32.86
£6,000This page£4.99$7,783.80with debit card to cash pickup+$833.58
£10,0000.27%£0.00$13,240.88with bank transfer to bank deposit+$327.19
£250,0000.20%£0.00$330,553.07with bank transfer to bank deposit+$5,534.89

Ways to send money from the UK to Bahamas

There are many ways to send money to Bahamas from the UK, including online, app, broker, in person, multi-currency account, and global account, and more.

For small & frequent transfers

Money transfer apps

If you send small amounts back home to Bahamas, say weekly or monthly, an app like MoneyGram is the easiest and cheapest way to do it.

It charges £4.99 in fees, has % markup, lets you save recipient details, and BSD will arrive in minutes.

For one off transfers

Online transfers

Sending money online is good for occasional medium sized BSD transfers, around £1,000 - £5,000.

Online companies like MoneyGram often have higher limits and/or first time promos.

Of 1 online services, MoneyGram is the cheapest and will get you $7,783.8 on £6,000 transfer.

For large transfers

Brokers

Currency brokers like Xe are the best for £10,000+ transfers (things like house deposits, education fees, relocation, etc.).

You get a dedicated account manager to handle your transfer to Bahamas, and 24/7 support.

Xe charges no fees on large transfers, but adds % markup on top of the current GBP/BSD rate.

The markup gets better the more GBP you send, so we suggest .

For fast money transfers

Cash transfer

Sending cash is the fastest way to send money from the UK to Bahamas, but is usually a bit more more expensive.

You will need to deposit £6,000 online via MoneyGram, and your recipient in Bahamas will be able to collect $7,783.8 in minutes.

For spending and receiving

Multi-currency accounts

Multi-currency accounts let you hold and spend Bahamian Dollar abroad like a local.

Wise offers the best multi-currency account.

With it, converting £6,000 to BSD will get you $7,674.8 after fees.

If you don’t have BSD in your account, your GBP will auto-convert whenever you pay with Wise in Bahamas.

Once you have BSD in the account, there are no extra fees from Wise for spending or holding it (local ATM charges may still apply).

For business transfers

Global accounts

Global accounts are for UK businesses making payments overseas.

For suppliers, freelancers, salaries, or invoices in Bahamas, companies like Airwallex, WorldFirst, or Payoneer handle batch and recurring payments a consumer app simply can’t.

Ways to fund GBP and receive BSD in Bahamas

Pay-in and pay-out methods will affect how much GBP you deposit and how much BSD your recipient gets. Use the table below to see how different options change how much you pay and what they get.

The overall best and cheapest way to send £6,000 to Bahamas is via MoneyGram, using a debit card to deposit GBP and cash pickup to receive BSD.

Depositing GBP

You have 3 pay-in options for transfers to Bahamas, including bank transfer, debit card, and credit card.

The cheapest pay-in option is debit card.

The fastest option in the UK is almost always bank transfer, since most companies use Open Banking and Faster Payments System (FPS).

The most expensive deposit option is bank transfer.

Be careful with credit card deposits, since your bank often treats it as a cash advance and will charge interest.

Receiving money in Bahamas

Money can reach Bahamas by bank deposit and cash pickup, and each delivery method comes with its own fees.

The cheapest way to receive money in Bahamas is with bank deposit on average.

Receiving cash

MoneyGram is the cheapest option for cash pickup ( getting you $7,783.8 on £6,000 transfer).

Digital wallets

Your recipient can receive BSD directly into a digital wallet (like PayPal) which usually takes a few minutes to arrive.

  1. 1
    Debit card Cash pickup

    You pay £6,004.99

    $7,784

    Cheapest

  2. 2
    Credit card Cash pickup

    You pay £6,004.99

    $7,784

    $0

  3. 3
    Bank transfer Cash pickup

    You pay £6,004.99

    $7,784

    $0

  4. 4
    Debit card Bank deposit

    You pay £6,000.00

    $7,772

    -$12

  5. 5
    Credit card Bank deposit

    You pay £6,000.00

    $7,772

    -$12

Show moreShow less
  1. 6
    Bank transfer Bank deposit

    You pay £6,000.00

    $7,772

    -$12

Consider this when sending GBP to Bahamas

There are a few nuances you should consider before sending GBP to Bahamas such as limits, taxes, and safety.

Compare GBP/BSD transfer options

Right now, these are the best money transfer options for £6,000 transfer to Bahamas:

Cheapest way to send money to Bahamas

The cheapest way is to use MoneyGram, pay in with a debit card and withdraw via cash pickup. You will get $7,783.8, which is 0.15% more than the next best option.

Fastest way to send money to Bahamas

The fastest way is to use MoneyGram via debit card deposit and cash pickup for pay out. You get $7,783.8 and it will arrive in minutes - 24 hours.

UK transfer limits

There is no legal limit and no tax on sending your own money abroad.

Main hard limits come from your bank or money transfer company, often around £10,000 to £25,000 online (which you can usually increase in the app).

Also, the "£10,000 declaration" only applies to physically carrying cash through the border, not online transfers.

And on bigger GBP/BSD transfers (roughly £10,000 up) expect a source-of-funds check, such as a payslip or a statement.

That's anti-money-laundering checks, but it holds transfers up, so be prepared.

The transfer costs involved

Your cost is the fee plus the exchange-rate margin.

For example, sending $7,783.8 with MoneyGram will get you 7,783.8 BSD, that’s including £4.99 fee and % in exchange rate markup.

A bank like on the other hand, will get you $0, that’s £ in fees but % in FX fees.

Taxes on money transfers

There is no UK tax for the act of sending money to Bahamas.

And, regular gifts out of your normal income are free of inheritance tax straight away, no cap and no seven-year wait.

Staying safe when sending abroad

Only ever use a provider authorised by the FCA, which you can check on the FCA register in under a minute.

The rules in place for any scams cover domestic pound transfers only, on a transfer abroad you're less protected.

Always confirm who you're really sending to before you send, because there's little recourse after.

For more information, check our guide to money transfer regulations in the UK.

Live GBP-BSD Exchange Rate

Finding the best exchange rate for GBP to BSD

The exchange rate you secure impacts how much BSD you get for your GBP, so waiting a day or two can get you more Bahamian Dollar.

Mid-market rate:1 GBP = 1.327359 BSD

How we analyse the market

We track 4 regulated companies offering money transfers from the UK to Bahamas in real time.

We analyse the fees, exchange rates, deposit/withdrawal methods, and each goes through our internal review.

Most GBP/BSD pricing data comes directly from the providers. We collect the rest manually, run it through our comparison engine and label it in the table.

More on how we work:

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.