Belize is far from being the easiest country to send money to. Despite this, there are several options available to you which should meet most of your requirements for an international money transfer service.
The current exchange rate for the Belizean Dollar (BZD) is 2.0151 BZD per American Dollar (USD) as of the time this was written. The BZD reached a high of 2.0162 BZD per USD and a low of 2.0151 BZD per USD during the last 90 days. The average exchange rate for the last 90 days was 2.0157 BZD per USD.
The average volatility rate for the BZD against the USD was 0.09% for the last 90 days. This is a very low volatility rate. You can reasonably expect only small fluctuations in currency exchange rates to continue going forward, barring any unforeseen circumstances.
The fastest way to send money to Belize is through Western Union’s fast option. With Western Union’s fast option, you can expect your money to reach its Belizean destination in a matter of minutes. Cash pickups are the fastest and easiest method to organize, while bank transfers can take a bit longer.
The only downside to Western Union’s fast option is the fact that it is very expensive. You can always expect to pay more with Western Union.
The cheapest way to send money to Belize is through XE. XE is an international currency exchange company which also allows you to send money through their platform. XE doesn’t normally charge upfront fees, as they make their money through currency conversion markups.
The easiest way to send money to Belize is through Payoneer. With Payoneer, you can switch between different money transfer methods to suit your needs. You have several options for sending money through Payoneer. We recommend you use Payoneer to send money to either the recipient’s debit card or bank account, which offers greater convenience and security when compared to other methods. With the debit card method, the recipient can withdraw the money right away upon the transfer’s completion.
Payoneer is the overall best way to send money to Belize, primarily due to the great balance the company offers you. Their rates are on the pricier side, but the scope of what they can offer you makes their offer far more attractive.