We’ve compared 5 companies, and found Regency FX to be the cheapest, while Regency FX the fastest.
Sending £6,000 gets you $7,930.55 with Regency FX at 1.3218 rupees per pound, about 2.16% more than the next best option.
| 5 of 5 providers Last updated on 28 September 2026 | |||
| Based on 6,000 GBP transfer Best companies for GBP/BMD transfers | |||
| Promoted  Wise Pay via Bank transfer | Fee £191.80 1 GBP = 1.3256 BMD -0.02% vs mid-market | Recipient gets $7,699.35 Within a week | |
Ways to receive money in Bermuda with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT £191.801 GBP = 1.3256 BMD $7,699.35You pay£6,000.00 | |||
| Promoted  Regency FX Pay via Bank transfer | Fee £0.00 1 GBP = 1.3218 BMD +0.27% vs mid-market | Recipient gets $7,930.55 Minutes - 24 hours | |
Ways to receive money in Bermuda with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 GBP = 1.3218 BMD $7,930.55You pay£6,000.00 | |||
Run a live search Showing top United Kingdom to Bermuda deals for 6,000 GBP. Do a live search with your exact amount for today's best rates. | |||
Run a live search Showing companies that send from a business account. Run a business search to get live GBP to BMD rates. | |||
Run a live search These companies offer multi-currency accounts for spending BMD. We suggest doing a live search based on how much GBP you're planning to spend in Bermuda. | |||
Run a live search These are managed services with real human support for large GBP transfers. Click the link and update the transfer amount to get the best deal. | |||
| Exclusive: First Transfer Deal Regency FX Pay via Bank transfer | Fee £0.00 1 GBP = 1.3218 BMD +0.27% vs mid-market | Recipient gets $7,930.55 Minutes - 24 hours | |
Ways to receive money in Bermuda with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 GBP = 1.3218 BMD $7,930.55You pay£6,000.00 | |||
 NatWest Pay via Bank transfer | Fee £0.00 1 GBP = 1.2932 BMD +2.46% vs mid-market | Recipient gets $7,758.97 | |
Ways to receive money in Bermuda with NatWest when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit Free1 GBP = 1.2932 BMD $7,758.97You pay£6,000.00 | |||
 Royal Bank of Scotland Pay via Bank transfer | Fee £0.00 1 GBP = 1.2932 BMD +2.46% vs mid-market | Recipient gets $7,758.97 | |
Ways to receive money in Bermuda with Royal Bank of Scotland when paying by bank transfer. MethodFee & ratesRecipient gets Bank deposit Free1 GBP = 1.2932 BMD $7,758.97You pay£6,000.00 | |||
| $0 fee on first online transfers  MoneyGram Pay via Debit card | Fee £4.99 1 GBP = 1.2866 BMD +2.97% vs mid-market | Recipient gets $7,719.60 Minutes - 24 hours | |
Ways to receive money in Bermuda with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours £4.991 GBP = 1.2866 BMD $7,719.60You pay£6,004.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Credit card | Fee £4.99 1 GBP = 1.2866 BMD +2.97% vs mid-market | Recipient gets $7,719.60 Minutes - 24 hours | |
Ways to receive money in Bermuda with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours £4.991 GBP = 1.2866 BMD $7,719.60You pay£6,004.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Bank transfer | Fee £4.99 1 GBP = 1.2866 BMD +2.97% vs mid-market | Recipient gets $7,719.60 Minutes - 24 hours | |
Ways to receive money in Bermuda with MoneyGram when paying by bank transfer. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours £4.991 GBP = 1.2866 BMD $7,719.60You pay£6,004.99 | |||
| Wise Pay via Bank transfer | Fee £191.80 1 GBP = 1.3256 BMD -0.02% vs mid-market | Recipient gets $7,699.35 Within a week | |
Ways to receive money in Bermuda with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT £191.801 GBP = 1.3256 BMD $7,699.35You pay£6,000.00 | |||
| Wise Pay via Debit card | Fee £209.73 1 GBP = 1.3256 BMD -0.02% vs mid-market | Recipient gets $7,675.58 Within a week | |
Ways to receive money in Bermuda with Wise when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT £209.731 GBP = 1.3256 BMD $7,675.58You pay£6,000.00 | |||
| Wise Pay via Credit card | Fee £317.34 1 GBP = 1.3256 BMD -0.02% vs mid-market | Recipient gets $7,532.93 Within a week | |
Ways to receive money in Bermuda with Wise when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT £317.341 GBP = 1.3256 BMD $7,532.93You pay£6,000.00 | |||
| How Our Results Work Mid-market rate: 1 GBP = 1.3253 BMD Updates every 60 minutes. | |||
Transfer details
For a one-off transfer to Bermuda, I suggest picking the cheapest option which is Regency FX.
On a 6,000 GBP transfer, Regency FX delivers the most BMD.
The best option will change depending on how much you actually send, so I suggest to get the best GBP/BMD rate.
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.
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.
How much GBP you send to Bermuda 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 | |||||
|---|---|---|---|---|---|
| £500 | 0.92% | £0.00 | $657.08with debit card to bank deposit | +$12.54 | |
| £1,000 | 1.79% | £0.00 | $1,300.90with debit card to bank deposit | +$15.65 | |
| £2,000 | 2.51% | £0.00 | $2,582.32with bank transfer to bank deposit | +$20.56 | |
| £6,000This page | 0.27% | £0.00 | $7,930.55with bank transfer to bank deposit | +$206.64 | |
| £10,000 | 0.27% | £0.00 | $13,226.53with bank transfer to bank deposit | +$341.17 | |
| £250,000 | 0.20% | £0.00 | $330,238.20with bank transfer to bank deposit | +$4,650.65 |
Mid-market rate: 1 GBP = 1.3253 BMD
There are many ways to send money to Bermuda from the UK, including online, app, bank, broker, in person, multi-currency account, and global account, and more.
For small & frequent transfers
If you send small amounts back home to Bermuda, say weekly or monthly, an app like MoneyGram is the easiest and cheapest way to do it.
It charges £4.99 in fees, has 2.97% markup, lets you save recipient details, and BMD will arrive in minutes.
For one off transfers
Sending money online is good for occasional medium sized BMD 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 $7,719.6 on £6,000 transfer.
For large transfers
Currency brokers like Regency FX 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 Bermuda, and 24/7 support.
Regency FX charges no fees on large transfers, but adds 0.27% markup on top of the current GBP/BMD rate.
The markup gets better the more GBP you send, so we suggest .
For fast money transfers
Sending cash is the fastest way to send money from the UK to Bermuda, but is usually a bit more more expensive.
You will need to deposit £6,000 online via MoneyGram, and your recipient in Bermuda will be able to collect $7,719.6 in minutes.
For spending and receiving
Multi-currency accounts let you hold and spend Bermudian Dollar abroad like a local.
Wise offers the best multi-currency account.
With it, converting £6,000 to BMD will get you $7,699.35 after fees.
If you don’t have BMD in your account, your GBP will auto-convert whenever you pay with Wise in Bermuda.
Once you have BMD 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 are for UK businesses making payments overseas.
For suppliers, freelancers, salaries, or invoices in Bermuda, companies like Airwallex, WorldFirst, or Payoneer handle batch and recurring payments a consumer app simply can’t.
Only if you have to
Your UK bank is the most expensive way to send money to Bermuda.
On a £6,000 transfer, banks like NatWest will add 2.45% markup, getting you $7,758.97 vs $7,930.55 with Regency FX.
Pay-in and pay-out methods will affect how much GBP you deposit and how much BMD 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 Bermuda is via Regency FX, using a bank transfer to deposit GBP and bank deposit to receive BMD.
You have 3 pay-in options for transfers to Bermuda, including bank transfer, debit card, and credit card.
The cheapest pay-in option is bank transfer.
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 credit card.
Be careful with credit card deposits, since your bank often treats it as a cash advance and will charge interest.
Money can reach Bermuda by bank deposit and cash pickup, and each delivery method comes with its own fees.
The cheapest way to receive money in Bermuda is with bank deposit on average.
Receiving cash
MoneyGram is the cheapest option for cash pickup ( getting you $7,719.6 on £6,000 transfer).
Digital wallets
Your recipient can receive BMD directly into a digital wallet (like PayPal) which usually takes a few minutes to arrive.
You pay £6,000.00
$7,931
Cheapest
You pay £6,004.99
$7,720
-$211
You pay £6,004.99
$7,720
-$211
You pay £6,004.99
$7,720
-$211
You pay £6,000.00
$7,676
-$255
You pay £6,000.00
$7,533
-$398
There are a few nuances you should consider before sending GBP to Bermuda such as limits, taxes, and safety.
Right now, these are the best money transfer options for £6,000 transfer to Bermuda:
Cheapest way to send money to Bermuda
The cheapest way is to use Regency FX, pay in with a bank transfer and withdraw via bank deposit. You will get $7,930.55, which is 2.16% more than the next best option.
Fastest way to send money to Bermuda
The fastest way is to use Regency FX via bank transfer deposit and bank deposit for pay out. You get $7,930.55 and it will arrive in minutes - 24 hours.
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/BMD 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.
Your cost is the fee plus the exchange-rate margin.
For example, sending $7,930.55 with Regency FX will get you 7,930.55 BMD, that’s including £0 fee and 0.27% in exchange rate markup.
A bank like NatWest on the other hand, will get you $7,758.97, that’s £0 in fees but 2.45% in FX fees.
There is no UK tax for the act of sending money to Bermuda.
And, regular gifts out of your normal income are free of inheritance tax straight away, no cap and no seven-year wait.
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.
The exchange rate you secure impacts how much BMD you get for your GBP, so waiting a day or two can get you more Bermudian Dollar.
Mid-market rate:1 GBP = 1.326515 BMD
We track 5 regulated companies offering money transfers from the UK to Bermuda in real time.
We analyse the fees, exchange rates, deposit/withdrawal methods, and each goes through our internal review.
Most GBP/BMD 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.
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