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Companies for transfers from United States to Bermuda
"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."
"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."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"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 way: Wise
We tested & reviewed 5 transfer providers, and Wise scored highly.
In the last six months, Wise appeared in 66.7% of United States to Bermuda searches, and was the top rated company supporting payments the United States into Bermudian Dollar.
So for a great mix of cost, speed & features, make your United States to Bermuda transfer using Wise.
How to compare deals on your United States to Bermuda transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from the United States to Bermuda.
- Choose a provider
Select the provider that offers you the best value & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Bermuda from the United States.
Summary of recent searches
Considerations for sending money from United States to Bermuda
Always compare ways to send money from the United States to Bermuda to get the best options for fees, speed, and reliability.
Our analysis included 5 providers that operate between United States and Bermuda.
Through this, you get a comprehensive view of all the options you have in the United States when you need to send money to Bermuda.
Cheapest way to send money to Bermuda from the United States: Remitly
They offer an average fee of 0* USD and exchange rate between USD-BMD that is 0% different to the mid-market rate.
In comparison, Remitly is 0% cheaper than the second-best option.
To secure affordable and great rates on a USD to Bermuda transfer, Remitly is our recommended choice.
*The most common fee applied to USD-BMD by Remitly, based on data from the past six months.
Fastest way to send money to Bermuda from the United States: Ria Money Transfer
Our comparison shows Ria Money Transfer is the fastest option for sending US Dollar into Bermudian Dollar 66.7% of the time. For urgent USD to BMD money transfers, they’re our recommended choice.
A USD-Bermudian Dollar transfer through Ria Money Transfer comes with an average 4 USD fee.
To ensure Ria Money Transfer was the 'fastest' option we compared 5 providers. This comparison was for overall speed of sending money from the United States to Bermuda and is a combination of depositing US Dollar, transfer times to Bermuda and withdrawal timeframes where applicable.
When speed is a priority, Ria Money Transfer is the top choice for sending into Bermuda from the United States.
Send large sums of money abroad with Currencies Direct
From the 5 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Bermuda from the United States.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Bermudian Dollars to Bermudian Dollar.
As such, we recommend Currencies Direct for large transfers between Bermuda and the United States.
Understanding the cost of transferring money from United States to Bermuda
The total cost of money transfers from United States to Bermuda 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-BMD is currently 1 BMD per US Dollar. Providers offering services closer to this rate will ensure more Bermudian Dollar for your US Dollars.
To give a historic average, over the last three months the USD-BMD mid-market rate has been 1 BMD per US Dollar, this has had a high of 1 and a low of 1.
From the 5 companies compared, Wise offers the best exchange rate on transfers to Bermuda and the United States.
Generally, the exchange rate you receive on converting USD to BMD will be the biggest factor impacting the cost of sending US Dollars to Bermuda.
Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Remitly at an average of 0 USD per transfer over the last 6 months. 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 Bermudian Dollar. Simply, the higher the amount received in the United States, the lower the cost of sending from Bermuda.
Finding the best exchange rate for US Dollar to Bermudian Dollar
Timing is essential for sending money between USD and BMD. The exchange rate you secure impacts how much BMD you get for your USD.
Over the last six months, here’s what we’ve seen:
The exchange rate from USD to BMD averaged 1 BMD.
The highest value recorded was 1 BMD, while the lowest was 1 BMD.
There are currently 5 providers offering transfers between the United States and Bermuda close to this rate
Want to secure the best USD-Bermudian 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 Bermuda!
United States to Bermuda money transfer payment methods
Bank transfers
Bank transfers are often the best payment method for money transfers from the United States to Bermuda.
A money transfer company like Remitly offer bank transfers between the United States and Bermuda 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 5 we tested when sending USD to Bermuda.
Remitly has an average fee of
0 USD for money transfersfrom the United States to Bermuda. Overall, they offer a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from the United States to Bermuda with a debit or a prepaid card is very simple with Instarem.
Instarem is a leader in debit card payments for transfers from the United States to Bermuda, competing among a total of 5 active money transfer companies on this route.
Credit cards
Instarem is our top choice of the 5 companies offering credit card transfers from the United States to Bermuda.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 Bermuda 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 Bermuda.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD to BMD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
