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Companies for transfers from United Kingdom to Bahamas
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
"Moneygram is a well established service with over 80 years in the sector. They support over 200 countries worldwide and have over 440,000 retail locations."
Overall best option: Wise
We tested & reviewed 5 money transfer companies, and Wise came out as one of the easiest options.
Wise appeared in 100% of searches for sending money from the United Kingdom to Bahamas, and was the top rated company for GBP to BSD transfers.
So for a great mix of cost, speed & features, make your United Kingdom to Bahamas transfer using Wise.
How to get the best deal on your United Kingdom to Bahamas money transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to get the best exchange rates on sending money from the United Kingdom to Bahamas.
- Choose a provider
Select the provider that offers you the best value and timeframes for transfers between the United Kingdom and Bahamas.
- Click, sign up & send
Follow the steps & make your transfer to Bahamas. Your funds will be sent from the United Kingdom and converted into Bahamian Dollar.
Summary of recent searches
Sending money from United Kingdom to Bahamas considerations
A comparison of providers offering services between the United Kingdom and Bahamas is the easiest way to ensure the best deal.
We've compared 5 providers that offer services for sending Pound Sterling to Bahamas.
This ensures you will get the best options for your transfer to Bahamas from the United Kingdom.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United Kingdom to Bahamas.
Cheapest way to send money to Bahamas from the United Kingdom: Wise
Data collected through our comparison over the past six months shows that Wise is 0.3% cheaper than the second-best option.
The cost is made up of an average fee of 253.42* GBP and an exchange rate for buying Bahamian Dollar with Pound Sterling that is -0.03% different to the mid-market rate.
If you want to secure the best rates on a United Kingdom to Bahamas transfer, Wise offers value. We would still recommend searching for the amount you want to send to Bahamas.
*The most common fee applied to GBP-BSD by Wise, based on data from the past six months.
Fastest money transfers to Bahamas from the United Kingdom: Xe.
Through our research, we found Xe to be the quickest way to send GBP into Bahamian Dollar in 66.7% of instances. For fast transfers between GBP and BSD, Xe is generally a good option.
Money transfers from the United Kingdom to Bahamas through Xe have an average fee of 0 GBP.
To confirm that Xe was the 'fastest' option we compared 5 money transfer providers for overall speed of sending money from the United Kingdom to Bahamas. This was made up of depositing Pound Sterling to a money transfer account and transfer times to Bahamas.
When sending quickly is a priority, Xe is our recommended choice for sending into Bahamas from United Kingdom.
Need to send over £10,000 from the UK? TorFX is your best option
Opt for a service proven with large transfers when size matters. For transfers over £10,000, your best option is TorFX.
While TorFX may not always be the cheapest or fastest way to send GBP to Bahamas, they will keep you safe and relaxed while your money moves into BSD.
Understanding the costs involved when transferring money to Bahamas from United Kingdom
When calculating the cost of sending money from the United Kingdom to Bahamas, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current GBP-BSD mid-market rate is 1.2882 BSD per Pound Sterling. Finding a provider as close to this number as possible will ensure more Bahamian Dollar for your money.
As a comparison, the GBP-BSD mid-market rate for the past three months has averaged 0 BSD per Pound Sterling, hitting a high of 1.2581 and a low of 1.2566.
Wise is currently offering the best exchange rate on transfers between the United Kingdom and Bahamas.
Often the GBP-BSD exchange rate you receive will be the biggest factor impacting the cost of sending Pound Sterling to Bahamas.
Fees: Transfer fees are charged on top of a transfer. Wise currently offers lowest fees, at an average of 253.42 GBP over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Bahamian Dollar is the biggest indicator in the total cost of sending money to the United Kingdom from Bahamas. The higher the total amount received in Bahamas, the lower the cost of sending from the United Kingdom.
Tracking the exchange rate for Pound Sterling to Bahamian Dollar
Getting a better exchange rate between GBP and BSD can make a huge difference to the overall cost of sending money.
Over the last six months, between the United Kingdom and Bahamas, the average numbers are:
GBP to BSD saw an average 0 BSD mid-market rate.
The highest point was 1.2581 BSD, while the lowest was 1.2566 BSD.
5 providers are currently offering transfers between the United Kingdom and Bahamas.
Want to secure the best GBP-Bahamian 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 United Kingdom to Bahamas!
Funding your United Kingdom to Bahamas transfer
Bank transfers
The default option for sending money from the United Kingdom to Bahamas is often a bank transfer.
Using a money transfer company such as Wise for transfers from the United Kingdom to Bahamas, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates.
From the 5 we tested, the cheapest provider for bank transfers from GBP to Bahamas is Wise.
With an average fee of GBP669.27 to send money from the United Kingdom to Bahamas, Wise offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money from the United Kingdom to Bahamas with a prepaid or debit card is easy with Xe.
Xe is a leader in accepting card payments for transfers between the United Kingdom and Bahamas.
Credit cards
is the best money transfer company of the 5 compared for credit card transfers from the United Kingdom to Bahamas
Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. We recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Bahamas and United Kingdom.
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 United Kingdom to Bahamas.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to BSD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
