We compared 3 companies sending money from the United States to Cayman Islands. MoneyGram is the best and cheapest, while MoneyGram is the fastest.
Sending $7,000 with MoneyGram gets your recipient 5,821.2 KYD at 0.8316 KYD per USD.
| 3 of 3 providers Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze USD/KYD exchange rates from our comparisons. | |||
| Based on 7,000 USD transfer Best companies for USD/KYD transfersAll money transfer offers for USD/KYD transfers, sorted by most KYD received. The first two offers may be sponsored promotions. Some offers here pay us a commission. | |||
| Promoted  Wise Pay via Bank transfer | Fee $83.96 1 USD = 0.8200 KYD +1.41% vs mid-market | Recipient gets $5,671.15 Within a week | |
Ways to receive money in Cayman Islands with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $83.961 USD = 0.8200 KYD $5,671.15You pay$7,000.00 | |||
| Promoted  Regency FX Pay via Bank transfer | Fee $0.00 1 USD = 0.8294 KYD +0.27% vs mid-market | Recipient gets $5,805.57 Minutes - 24 hours | |
Ways to receive money in Cayman Islands with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 USD = 0.8294 KYD $5,805.57You pay$7,000.00 | |||
Run a live search Showing top United States to Cayman Islands deals for 7,000 USD. 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 USD to KYD rates. | |||
Run a live search These companies offer multi-currency accounts for spending KYD. We suggest doing a live search based on how much USD you're planning to spend in Cayman Islands. | |||
Run a live search These are managed services with real human support for large USD transfers. Click the link and update the transfer amount to get the best deal. | |||
| $0 fee on first online transfers  MoneyGram Pay via Cash deposit | Fee $60.79 1 USD = 0.8316 KYD 0.00% vs mid-market | Recipient gets $5,821.20 Minutes - 24 hours | |
Ways to receive money in Cayman Islands with MoneyGram when paying by cash deposit. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours $60.791 USD = 0.8316 KYD $5,821.20You pay$7,060.79 | |||
| Exclusive: First Transfer Deal Regency FX Pay via Bank transfer | Fee $0.00 1 USD = 0.8294 KYD +0.27% vs mid-market | Recipient gets $5,805.57 Minutes - 24 hours | |
Ways to receive money in Cayman Islands with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 USD = 0.8294 KYD $5,805.57You pay$7,000.00 | |||
| $0 fee on first online transfers MoneyGram Pay via Bank transfer | Fee $10.99 1 USD = 0.8148 KYD +2.04% vs mid-market | Recipient gets $5,703.60 Minutes - 24 hours | |
Ways to receive money in Cayman Islands with MoneyGram when paying by bank transfer. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours $10.991 USD = 0.8148 KYD $5,703.60You pay$7,010.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Debit card | Fee $30.99 1 USD = 0.8148 KYD +2.04% vs mid-market | Recipient gets $5,703.60 Minutes - 24 hours | |
Ways to receive money in Cayman Islands with MoneyGram when paying by debit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours $30.991 USD = 0.8148 KYD $5,703.60You pay$7,030.99 | |||
| $0 fee on first online transfers MoneyGram Pay via Credit card | Fee $179.99 1 USD = 0.8148 KYD +2.04% vs mid-market | Recipient gets $5,703.60 Minutes - 24 hours | |
Ways to receive money in Cayman Islands with MoneyGram when paying by credit card. MethodFee & ratesRecipient gets Cash pickupMinutes - 24 hours $179.991 USD = 0.8148 KYD $5,703.60You pay$7,179.99 | |||
| Wise Pay via Bank transfer | Fee $83.96 1 USD = 0.8200 KYD +1.41% vs mid-market | Recipient gets $5,671.15 Within a week | |
Ways to receive money in Cayman Islands with Wise when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositWithin a weekAvailable via:SWIFT $83.961 USD = 0.8200 KYD $5,671.15You pay$7,000.00 | |||
| How Our Results Work Mid-market rate: 1 USD = 0.831613 KYD Updates every 60 minutes. | |||
Transfer details
If you're sending a one-off transfer, then MoneyGram is the best option.
For recurring transfers, I'd suggest using an app or a multi-currency account with MoneyGram.
For large transfers using a broker like Regency FX is the best option.
If your recipient needs cash, MoneyGram is the cheapest.
How much you send will affect the best option for you right now.
You have 4 ways to pay for your transfer to Cayman Islands, including bank transfer, cash deposit, debit card, and credit card.
Usually, using bank transfer to fund your transfer is the cheapest but slowest option (ACH and takes a day or two).
You can use a debit card, Apple Pay and Google Pay for quicker deposit but its a bit more expensive.
I suggest avoiding credit cards since these are most expensive and have cash advance fees (Amex is very rarely accepted in general).
First time round you'll need to confirm who you are.
An SSN isn't required, an ITIN or a foreign passport works with most companies here.
There are 3 companies available for sending money from the US to Cayman Islands, across online, app, in person, broker, multi-currency account, and global account, and more.
For regular transfers home
If you send a few hundred dollars home every payday, an app is usually the cheapest way and the least work.
MoneyGram charges $60.79 on a $7,000 transfer with 0% markup, saves your recipient's details for next time, and KYD arrives in minutes - 24 hours.
Funding from a US bank account or debit card avoids the 1% federal tax that applies to cash-funded transfers.
Sending without a US bank account
Paying in cash at an agent can work without a US bank account.
The ID accepted depends on the company and the amount, so check before visiting if you do not have an SSN.
Hand $7,000 to a MoneyGram agent in the US, and your recipient will get 5,821.2 KYD in minutes - 24 hours.
However, transfers funded with cash or a money order carry a 1% federal tax from January 2021. To avoid it, fund with a debit card or bank account instead (most agents take both).
For one-off transfers
For a one-off transfer, an online service funded from your checking account is usually the cheapest way to send money to Cayman Islands.
Of all online companies listed here, MoneyGram gets you the most KYD per USD.
On a $7,000 transfer, you will get 5,821.2 KYD after a $60.79 fee and 0% markup.
But, bank funding (ACH) takes 1 to 3 business days to clear, while debit cards (and Google Pay/Apple Pay) are usually instant but cost a bit more.
For transfers over $10,000
For large transfers to Cayman Islands (e.g. a property purchase, tuition, or moving to Cayman Islands), a broker like Regency FX charges no fee, gives you a dedicated account manager, and adds 0.27% markup on USD/KYD that gets lower the more you send.
It's also good to check Wise since you get a bulk discount on transfers over $25,000.
Business payments from the US
Global accounts are for US businesses paying people abroad.
Companies like Airwallex, WorldFirst, or Payoneer handle the recurring and batch payments, invoicing, tracking, and more.
Holding & spending currencies
A multi-currency account like Wise is the best for holding and receiving KYD.
This is useful for traveling to Cayman Islands, building up KYD balance, or receiving payments in KYD.
Wise converts $7,000 at 1.41% markup plus small fee and holds the KYD until you spend it.
With MoneyGram, paying by cash deposit and receiving through cash pickup is the cheapest combination. Sending $7,000 gives your recipient 5,821.2 KYD.
Deposit USD by bank transfer, cash deposit, debit card, and credit card.
The simplest way is to pay from your US checking account
Pay by bank transfer using your routing and account numbers.
An ACH payment is usually cheaper than a card, but the it may take some time for it to clear before a money transfer company can send the money to Cayman Islands.
You can deposit cash
You'll need to visit nearest MoneyGram branch and had over $7,000.
MoneyGram is the cheapest option and will get you 5,821.2 KYD on $7,000 transfer after fees.
Transfers funded with physical cash are subject to the 1% US remittance transfer tax, but funding from a US bank account or with a US-issued debit or credit card is exempt.
Zelle, Venmo and Cash App only support domestic transfers, so they cannot send money to Cayman Islands.
Your recipient in Cayman Islands can collect KYD through bank deposit and cash pickup.
They can collect cash in Cayman Islands
Your recipient can collect KYD from a participating MoneyGram location in Cayman Islands.
They should take a valid photo ID and the collection reference, and check that the name on the transfer matches their ID.
You pay $7,060.79
$5,821
Cheapest
You pay $7,000.00
$5,806
-$16
You pay $7,010.99
$5,704
-$118
You pay $7,030.99
$5,704
-$118
You pay $7,179.99
$5,704
-$118
The way you fund the transfer now affects the tax, while US law gives you specific rights if something goes wrong.
Cheapest way to send money to Cayman Islands
The cheapest option is MoneyGram, funded by cash deposit with cash pickup for the payout. Your recipient gets 5,821.2 KYD, which is 0.27% more than the next best option.
Fastest way to send money to Cayman Islands
The fastest option is MoneyGram. Pay by cash deposit and choose cash pickup for the payout. Your recipient gets 5,821.2 KYD, with the money arriving in minutes - 24 hours.
Since January 1, 2026, a 1% federal tax applies when an international transfer is funded with cash, a money order, a cashier's check or a traveler's check.
Funding from a US bank account, including ACH, or with a US-issued debit or credit card is exempt.
The rule applies to how you pay in, so your recipient can still collect cash without triggering the tax.
There is no federal cap on how much of your own money you can send electronically abroad.
Your bank or transfer company can set its own limit and ask for proof of where a large or unusual payment came from.
Cash reports and the declaration for physically carrying more than $10,000 across the US border are separate rules.
Do not split cash transactions to avoid a report.
The US Remittance Transfer Rule requires a covered company to show the exchange rate, fees and expected amount received before you pay.
You can normally cancel within 30 minutes at no charge, provided the money has not been deposited or collected.
You also have error-resolution rights if the wrong amount arrives or the transfer never turns up.
Contact the company first and keep the receipt.
For transfers over $10,000, MoneyGram is the best option.
It offers the best exchange rate, which is more important than the fee for large transfers to Cayman Islands.
While MoneyGram may not always be the cheapest or fastest way to send KYD, they offer years of experience, and will offer you the peace of mind you need when sending large amounts abroad.
The rate changes how much KYD your recipient gets for your USD. Recent movement gives you a useful benchmark before you send.
Mid-market rate:1 USD = 0.831613 KYD
We track, save, and analyze the cost, speed, and product offerings of the leading money transfer services available between Cayman Islands and United States.
We work with leading money transfer companies to provide real time fees and exchange rates.
We also conduct detailed company reviews, combined with in-depth analysis, we can offer the best deals on the market - every time you want to transfer money from United States to Cayman Islands.
For a deeper understanding of our commitment to integrity and transparency, check out these articles:
Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.
Advanced filters
Advanced filters
Tailor this money transfer comparison to your needs.
Show companies that support specific transfer features.
Only show providers with user feedback and reviews.
Hide selected providers from the USD/KYD comparison.
Search Now & Save On Your Transfer
Instantly view live exchange rates, fees & features.
Please share your experience with …