Best companies for AUD/BSD transfers
4 of 4 providers Last updated on 28 October 2026
Based on 2,000 AUD transfer Best companies for AUD/BSD transfers Sort Cheapest
Ad Wise Pay via Bank Transfer	Fees: $79.30 1 AUD = 0.7030 BSD +0.20% vs mid-market	Recipient gets $1,350.35 Within a week
25 reviews Receive 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 $79.301 AUD = 0.7030 BSD $1,350.35You pay$2,000.00
Ad Remitly Pay via Debit Card	Fees: $0.00 1 AUD = 0.6943 BSD +1.46% vs mid-market	Recipient gets $1,388.60 Within minutes
15 reviews Receive to bank account or cash pickup
Ways to receive money in Bahamas with Remitly when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutes Free1 AUD = 0.6943 BSD $1,388.60You pay$2,000.00
Run a live search Showing top Australia to Bahamas deals for 2,000 AUD. 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 AUD to BSD rates.
Run a live search These companies offer multi-currency accounts for spending BSD. We suggest doing a live search based on how much AUD you're planning to spend in Bahamas.
Run a live search These are managed services with real human support for large AUD transfers. Click the link and update the transfer amount to get the best deal.
Remitly Pay via Debit Card	Fees: $0.00 1 AUD = 0.6943 BSD +1.46% vs mid-market	Recipient gets $1,388.60 Within minutes
15 reviews CheapestFastest Receive to bank account or cash pickup
Ways to receive money in Bahamas with Remitly when paying by debit card. MethodFee & ratesRecipient gets Bank depositWithin minutes Free1 AUD = 0.6943 BSD $1,388.60You pay$2,000.00

Remitly Pay via Credit Card	Fees: $0.00 1 AUD = 0.6943 BSD +1.46% vs mid-market	Recipient gets $1,388.60 Within minutes
15 reviews Receive to bank account or cash pickup
Ways to receive money in Bahamas with Remitly when paying by credit card. MethodFee & ratesRecipient gets Bank depositWithin minutes Free1 AUD = 0.6943 BSD $1,388.60You pay$2,000.00
Remitly Pay via PayTo	Fees: $0.00 1 AUD = 0.6943 BSD +1.46% vs mid-market	Recipient gets $1,388.60 Within a week
15 reviews Receive to bank account or cash pickup
Ways to receive money in Bahamas with Remitly when paying by payto. MethodFee & ratesRecipient gets Bank depositWithin a week Free1 AUD = 0.6943 BSD $1,388.60You pay$2,000.00
$0 fee on first online transfers MoneyGram Pay via Debit Card	Fees: $3.99 1 AUD = 0.6801 BSD +3.52% vs mid-market	Recipient gets $1,360.20 6-12 Hours
2 reviews
Ways to receive money in Bahamas with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $3.991 AUD = 0.6801 BSD $1,360.20You pay$2,003.99

$0 fee on first online transfers MoneyGram Pay via POLi	Fees: $3.99 1 AUD = 0.6801 BSD +3.52% vs mid-market	Recipient gets $1,360.20 6-12 Hours
2 reviews
Ways to receive money in Bahamas with MoneyGram when paying by poli. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $3.991 AUD = 0.6801 BSD $1,360.20You pay$2,003.99
$0 fee on first online transfers MoneyGram Pay via Credit Card	Fees: $3.99 1 AUD = 0.6801 BSD +3.52% vs mid-market	Recipient gets $1,360.20 6-12 Hours
2 reviews
Ways to receive money in Bahamas with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $3.991 AUD = 0.6801 BSD $1,360.20You pay$2,003.99
Ria Money Transfer Pay via Credit Card	Fees: $2.89 1 AUD = 0.6800 BSD +3.54% vs mid-market	Recipient gets $1,358.03 6-12 Hours
0 reviews
Ways to receive money in Bahamas with Ria Money Transfer when paying by credit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $2.891 AUD = 0.6800 BSD $1,358.03You pay$2,000.00

Ria Money Transfer Pay via Debit Card	Fees: $2.89 1 AUD = 0.6800 BSD +3.54% vs mid-market	Recipient gets $1,358.03 6-12 Hours
0 reviews
Ways to receive money in Bahamas with Ria Money Transfer when paying by debit card. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $2.891 AUD = 0.6800 BSD $1,358.03You pay$2,000.00
Ria Money Transfer Pay via PayID	Fees: $2.89 1 AUD = 0.6800 BSD +3.54% vs mid-market	Recipient gets $1,358.03 6-12 Hours
0 reviews
Ways to receive money in Bahamas with Ria Money Transfer when paying by payid. MethodFee & ratesRecipient gets Cash pickup6-12 Hours $2.891 AUD = 0.6800 BSD $1,358.03You pay$2,000.00
Wise Pay via Bank Transfer	Fees: $79.30 1 AUD = 0.7030 BSD +0.20% vs mid-market	Recipient gets $1,350.35 Within a week
25 reviews Recommended Receive 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 $79.301 AUD = 0.7030 BSD $1,350.35You pay$2,000.00

Wise Pay via Osko	Fees: $79.30 1 AUD = 0.7030 BSD +0.20% vs mid-market	Recipient gets $1,350.35 Within a week
25 reviews Receive to bank accountDedicated support for large transfers
Ways to receive money in Bahamas with Wise when paying by osko. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $79.301 AUD = 0.7030 BSD $1,350.35You pay$2,000.00
Wise Pay via Debit Card	Fees: $84.48 1 AUD = 0.7030 BSD +0.20% vs mid-market	Recipient gets $1,346.71 Within a week
25 reviews Receive 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 $84.481 AUD = 0.7030 BSD $1,346.71You pay$2,000.00
Wise Pay via Credit Card	Fees: $97.13 1 AUD = 0.7030 BSD +0.20% vs mid-market	Recipient gets $1,337.81 Within a week
25 reviews Receive 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 $97.131 AUD = 0.7030 BSD $1,337.81You pay$2,000.00
How Our Results Work Mid-market rate: 1 AUD = 0.7045 BSD Updates every 60 minutes.

Why compare

AUD/BSD exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Australia to Bahamas

Pick a company

Start with the cheapest, which is Remitly at 1,388.6 BSD on A$2,000.

Remitly was the cheapest on 10 of the 24 days it quoted A$2,000 transfers to Bahamas.

Funding is quick whoever you pick, so the choice comes down to the rate and how your recipient collects it.

Fund your transfer

You have 7 ways to pay, including debit card, credit card, payto, poli, payid, bank transfer, and osko.

PayID and Osko move money to the company in seconds at no cost, and PayID shows you the account name before you confirm.

Watch your bank's daily limit on anything large.

Verify and send

First time round you'll need a photo ID, usually a licence or a passport.

A passport and visa are enough if you’re new (you don’t need an Australian credit history).

Compare amounts

How much AUD are you sending to Bahamas?

How much AUD 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.

Our analysis shows Remitly was the cheapest in 51% of the transfers up to A$2,000 it quoted, and in 62% of all the transfers it quoted.


$1,000	1.47%	$0.00	$694.50with debit card to bank deposit	+$13.51
$1,500	1.47%	$0.00	$1,041.75with debit card to bank deposit	+$20.74
$2,000This page	1.46%	$0.00	$1,388.60with debit card to bank deposit	+$26.62
$3,000	1.45%	$0.00	$2,083.20with debit card to bank deposit	+$36.50
$7,500	3.52%	$3.99	$5,100.75with debit card to cash pickup	+$16.72
$12,000	0.27%	$0.00	$8,430.40with bank transfer to bank deposit	+$256.80
$15,000	0.27%	$0.00	$10,536.72with bank transfer to bank deposit	+$318.49
$50,000	0.25%	$0.00	$35,152.20with bank transfer to bank deposit	+$962.34
$100,000	0.25%	$0.00	$70,269.49with bank transfer to bank deposit	+$1,816.46
$250,000	0.20%	$0.00	$175,761.77with bank transfer to bank deposit	+$4,601.86
$500,000	0.20%	$0.00	$351,406.28with bank transfer to bank deposit	+$5,724.16

Mid-market rate: 1 AUD = 0.7045 BSD

AUD/BSD Exchange Rate History

Is today a good time to send money from Australia to Bahamas?

The cheapest way to send AUD to BSD can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Remitly), across 30 days of comparisons for 2,000 AUD transfers to Bahamas.

Each line shows what the recipient gets when you send $2,000, after fees, as quoted by each company. The mid-market line shows what $2,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more BSD per AUD than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 14 of the last 30 days.

Right now, Remitly pays 1,388.6 BSD on 2,000 AUD, which is 20.37 BSD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 1,397.98 BSD.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Ways to send money from Australia to Bahamas

4 money transfer companies let you send money from Australia to Bahamas.

Cheapest for most transfers

Online transfers

Sending money online with a “self-service” provider is usually the cheapest way to send money to Bahamas.

For example, sending A$2,000 with Remitly will get you 1,388.6 BSD after a A$0 fee and 1.46% markup.

In our comparisons over the past month, it was the cheapest online service on 10 of the 24 days it quoted.

To speed up the transfer, use PayID or bank transfer, this will ensure your money is withdrawn instantly from your AU bank account.

Plus, PayID shows the registered payee name, which gives you an extra check against the details you entered.

For regular transfers home

Money transfer apps

An app suits the transfer you make over and over to the same recipient, similar amount, every payday or so.

Remitly takes A$0 in fees and 1.46% markup on a A$2,000 transfer, and your BSD arrives in within minutes.

Over the past month, Remitly was the cheapest app on 42% of the days it appeared for A$2,000 transfers.

Signing up is quick even if you're new to Australia.

A passport and visa are enough for most money transfer apps, and no local credit history is needed.

For large AUD transfers

Currency brokers

Money transfer brokers are best for large transfers, like buying property, moving abroad, or paying student fees.

Brokers like TorFX, Key Currency, or Xe charge no fee on large transfers, just a margin that gets lower the more you send.

For overseas business payments

Business accounts

Global accounts like Airwallex are great for paying suppliers, contractors or staff in BSD, handling invoices, batch payments, and more.

For receiving and spending

Multi-currency accounts

Multi-currency accounts let you hold AUD and BSD in one account, and convert when the rate suits you.

Wise converts A$2,000 at 0.21% markup, and the BSD sits in your account until you spend or transfer it.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Most useful if you travel often to Bahamas, split your life between two countries, or receive money from abroad.

We also created a guide going into more detail about multi currency accounts.

Ways to fund AUD and receive money in Bahamas

With Remitly, paying by debit card and receiving through a bank deposit is the cheapest combination. Sending A$2,000 gives your recipient 1,388.6 BSD.

You can fund the transfer with debit card, credit card, payto, poli, payid, bank transfer, and osko.

You can pay with payid

Use the PayID supplied by the company and confirm the recipient name shown by your Australian bank before approving the payment.

Recipients in Bahamas can collect BSD through bank deposit and cash pickup.

They can collect cash via Remitly

For cash collection, the recipient should take a photo ID and the transfer reference to a participating location in Bahamas.

1

Debit card Bank deposit

You pay A$2,000.00

BS$1,389

Cheapest
2

Credit card Bank deposit

You pay A$2,000.00

BS$1,389

BS$0
3

Payto Bank deposit

You pay A$2,000.00

BS$1,389

BS$0
4

Debit card Cash pickup

You pay A$2,003.99

BS$1,360

-BS$28
5

Credit card Cash pickup

You pay A$2,003.99

BS$1,360

-BS$28

Show moreShow less

6

Poli Cash pickup

You pay A$2,003.99

BS$1,360

-BS$28
7

Payid Cash pickup

You pay A$2,000.00

BS$1,358

-BS$31
8

Bank transfer Bank deposit

You pay A$2,000.00

BS$1,350

-BS$38
9

Osko Bank deposit

You pay A$2,000.00

BS$1,350

-BS$38

Consider this before sending AUD to Bahamas

Every international transfer is reportable by the company handling it, but that is not a tax or a form you normally file yourself. PayID can fund the transfer, while the overseas leg still needs a transfer provider.

Compare AUD/BSD transfer options

For a A$2,000 transfer to Bahamas, these are the best options right now:

Cheapest

Remitly is cheapest when funded by debit card with bank deposit for the payout. Your recipient gets 1,388.6 BSD, which is 2.05% more than the next best option.

Fastest

Remitly delivers 1,388.6 BSD in within minutes when you use debit card and choose bank deposit as payout.

If you need money urgently, we've put together a guide on instant money transfers.

PayID is domestic only

PayID and Osko move Australian dollars between local accounts.

When a money transfer company accepts PayID, it collects the AUD in Australia and then handles the conversion and payout in Bahamas.

Confirm the registered business name shown by your bank before approving the PayID payment.

AUSTRAC reporting

The bank or remittance company reports international transfer instructions to AUSTRAC.

This applies to international transfers generally, rather than only those above A$10,000.

You do not normally submit the international transfer report yourself.

A separate threshold report applies when a transaction involves A$10,000 or more in physical cash.

Large or unusual transfers can still trigger source-of-funds checks. Keep the sale agreement, invoice or bank statement that explains the payment ready.

Cash gifts can affect Centrelink payments

Australia does not generally tax a genuine cash gift simply because you send it to family in Bahamas.

Gifting money can still affect income-tested or asset-tested Centrelink payments.

Services Australia can continue assessing gifts above its gifting free areas under the income and assets tests.

If you or your partner receive a relevant payment, check the gifting rules before sending a large amount.

Bank protection in Australia

The Financial Claims Scheme protects eligible Australian-dollar deposits with an Australian-incorporated ADI, up to A$250,000 per account holder per ADI.

It does not automatically cover money held by a non-bank transfer company.

In case of issues, if a complaint is not resolved, the Australian Financial Complaints Authority is the free external dispute service for member financial firms.

How we analyse the market

We track 4 companies sending AUD to Bahamas, all holding an Australian licence, with rates refreshed in real time when running a live search.

In the past 30 days alone, we analysed 316 comparisons across 11 amounts.

This page covers the cheapest and fastest options for AUD/BSD transfers. This is how we pick them:

Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Fees, exchange rates and the pay-in and payout options all get compared, and each company goes through our review before it appears.

More on who we are, why you can trust us and getting started.

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

Send money from Australia

Send money to Bahamas

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Tue, 29 Sept 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	0.6990	–	$1,397.92
Ria Money Transfer Cheapest	0.7000	$2.89	$1,397.98	+$0.05
Remitly	0.6898	$0.00	$1,379.60	−$18.32
MoneyGram	0.6788	$3.99	$1,357.60	−$40.32

Wed, 30 Sept 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	0.6983	–	$1,396.62
Ria Money Transfer Cheapest	0.7000	$2.89	$1,397.98	+$1.36
Remitly	0.6890	$0.00	$1,378.00	−$18.62
MoneyGram	0.6764	$3.99	$1,352.80	−$43.82

Thu, 1 Oct 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	0.6969	–	$1,393.82
Ria Money Transfer Cheapest	0.7000	$2.89	$1,397.98	+$4.16
Remitly	0.6863	$0.00	$1,372.60	−$21.22
MoneyGram	0.6773	$3.99	$1,354.60	−$39.22

Fri, 2 Oct 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	0.6975	–	$1,395.07
Ria Money Transfer Cheapest	0.7000	$2.89	$1,397.98	+$2.90
Remitly	0.6851	$0.00	$1,370.20	−$24.87
MoneyGram	0.6785	$3.99	$1,357.00	−$38.07

Sat, 3 Oct 2026	Exchange rate	Fees:	Recipient gets	Difference
Mid-market rate	0.6928	–	$1,385.58
Ria Money Transfer Cheapest	0.7000	$2.89	$1,397.98	+$12.39
Remitly	0.6866	$0.00	$1,373.20	−$12.38
MoneyGram	0.6799	$3.99	$1,359.80	−$25.78

How to send money to Bahamas from Australia with the best AUD-BSD rate

Best companies for AUD/BSD transfers