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How to send money to Bahamas from US with the best USD-BSD rate

Compare the best deals on transfers from the United States to Bahamas. Explore the cheapest, fastest, and most reliable providers with the best USD to BSD exchange rates.

Read on for the insights and in-depth analysis, and all you need to send money to Bahamas from United States.

Transferring the other way? Send BSD from Bahamas to United States instead.
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July 15th, 2025
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Best money transfer companies

Send money from United States to Bahamas

Last updated: Today
Mid-market rate as of 07/15/2025: 1 USD = 1.001992 BSD
Results below are based on a 7000 USD search
0 of 4 providers
Sponsored
Wise
Recipient gets (BSD)
$6,939.26
Full transfer details
Visit Wise
$136 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (BSD)
$6,839.70
Full transfer details
Visit Xe
$36 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Live Rates
Sort by:
1
Remitly
Recipient gets (BSD)
$7,000.00
Full transfer details
Visit Remitly
$196 better than a typical bank*

"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."

Personal account manager
Multi-currency card
Receive to bank account or cash pickup
2
Wise
Recipient gets (BSD)
$6,939.26
Full transfer details
Visit Wise
$136 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
3
Xe
Recipient gets (BSD)
$6,839.70
Full transfer details
Visit Xe
$36 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Mid-market rate updates every 60 minutes
Estimated Rates
We don't have access to live rates from these companies. Instead, we've researched their average exchange rates and fees.
MoneyGram
Recipient gets (BSD)
$6,392.51
Sponsored
Wise
Recipient gets (BSD)
$6,939.26
Full transfer details
Visit Wise
$136 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (BSD)
$6,839.70
Full transfer details
Visit Xe
$36 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions

Overall best option: Wise

Wise is our top choice for USD to BSD transfers.

We tested & reviewed 4 money transfer companies, and Wise came out as one of the easiest options.

Sending 7,000 USD to BSD will cost you $60.74 in fees, and you will receive 6,939.26 BSD. The delivery time is within a week, but it depends on the day you make the transfer.

So for a great mix of cost, speed & features, make your United States to Bahamas transfer using Wise.

Wise is the top rated company for sending money from United States (USD) to Bahamas (BSD) - Wise Screenshot

How to get the best deal on your United States to Bahamas money transfer

Summary of recent searches

Top rated for transfers from United States to Bahamas
Wise
Total number of US - BS providers
4
Average cheapest fees & rate
Remitly
Average fastest transfer
Xe
Average transfer time
Within minutes
Best for bank transfers
Remitly
Best for debit card
Xe

Sending money from United States to Bahamas considerations

1
Compare providers

A comparison of providers offering services between the United States and Bahamas is the easiest way to ensure the best deal.

We've compared 4 providers that offer services for sending US Dollar to Bahamas.

This ensures you will get the best options for your transfer to Bahamas from the United States.

Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United States to Bahamas.

2
Get the most from the US Dollar-Bahamian Dollar exchange rate
3
Choose the right payment method
4
Financial regulations in United States and Bahamas
5
Consider transfer limits
6
How to receive money
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to Bahamas from the United States: Remitly

Remitly offers the cheapest combination of low fees and competitive exchange rates of the 4 providers we compared.

They offer a fee of 0 USD and exchange rate between USD-BSD that is 0.2% different to the mid-market rate.

In comparison, Remitly is 0.87% cheaper than the second-best option.

To secure affordable and great rates on a USD to Bahamas transfer, Remitly is our recommended choice.

Remitly is the cheapest way to send money from United States (USD) to Bahamas (BSD) - Remitly Screenshot

Fastest money transfers to Bahamas from the United States: Xe.

We tested 4 companies offering transfers from US Dollar to Bahamas and Xe offered the quickest options.

For example, if you send 7,000 USD with Xe to Bahamas, the transfer time is minutes - 24 hours.

Money transfers from the United States to Bahamas through Xe will cost you 0 USD in fees.

To confirm that Xe was the 'fastest' option we compared 4 money transfer providers for overall speed of sending money from the United States to Bahamas. This was made up of depositing US Dollar 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 States.

Xe is the fastest way to send money from United States (USD) to Bahamas (BSD) - Xe Screenshot 1
Xe is the fastest way to send money from United States (USD) to Bahamas (BSD) - Xe Screenshot 2
Xe is the fastest way to send money from United States (USD) to Bahamas (BSD) - Xe Screenshot 3

Send large sums of money abroad with Currencies Direct

Transferring bigger amounts of money to Bahamas from the United States needs a strong exchange rate and effective transfer management.

From the
4 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Bahamas from the United States.

Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Bahamian Dollars to Bahamian Dollar.

As such, we recommend Currencies Direct for large Bahamas transfers.

Understanding the cost of transferring money from United States to Bahamas

The total cost of money transfers from United States to Bahamas is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.

The Mid-Market and Exchange Rates: The mid-market rate for USD-BSD is currently 1.0007 BSD per US Dollar. Providers offering services closer to this rate will ensure more Bahamian Dollar for your US Dollars.

  • To give a historic average, over the last 7 days the USD-BSD mid-market rate has been 0.9999 BSD per US Dollar, this has had a high of 1.002 and a low of 0.9968.

  • From the 4 companies compared, Remitly offers the best exchange rate on transfers to Bahamas and the United States.

  • Generally, the exchange rate you receive on converting USD to BSD will be the biggest factor impacting the cost of sending US Dollars to Bahamas.

Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Remitly, just 0 USD per transfer. In all cases, we recommend searching for your exact send amount as fees may change.

Amount Received: Money transfer companies will show you the amount eventually received in Bahamian Dollar. Simply, the higher the amount received in the United States, the lower the cost of sending from Bahamas.

Tracking the exchange rate for US Dollar to Bahamian Dollar

Getting a better exchange rate between USD and BSD can make a huge difference to the overall cost of sending money.

Mid-market Rate
1 
USD
=
1.000698 
BSD

Over the last 7 days, between the United States and Bahamas, the average numbers are:

  • USD to BSD saw an average 0.9999 BSD mid-market rate.

  • The highest point was 1.002 BSD, while the lowest was 0.9968 BSD.

  • 4 providers are currently offering transfers between the United States and Bahamas.

Want to secure the best USD-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 States to Bahamas!

United States to
Bahamas money transfer payment methods

  • Bank transfers

    Bank transfers are often the best payment method for money transfers from the United States to Bahamas.

    A money transfer company like Remitly offer bank transfers between the United States and Bahamas with lower fees and better exchange rates than you would get from a traditional bank. 


    On average, Remitly is the cheapest provider for bank transfers of the 4 we tested when sending USD to Bahamas.

    Remitly has a fee of 0 USD for money transfersfrom the United States to Bahamas. Overall, they offer a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from the United States to Bahamas with a debit or a prepaid card is very simple with Xe.


    Xe is a leader in debit card payments for transfers from the United States to Bahamas, competing among a total of 4 active money transfer companies on this route.

  • Credit cards


    We recommend avoiding credit cards where possible due to a lack of support and high fees.

    If you have to use a credit card, we recommend comparing your options to find the company with the lowest fees.

    Fee alert: using a credit card to transfer money can result in a fee being charged by your card issuer as it is considered as a cash advance. That's why 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 States.


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 States to Bahamas.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD 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

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Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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