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How to send money from Bahamas to Philippines
Sending money from Bahamas to Philippines doesn’t have a huge amount of options. Because of this, we would recommend sending money via:
How to get the best deal on your Bahamas to Philippines transfer
Sending money from Bahamas to Philippines: key insights and tips
Don't settle for the first option. Always compare ways to send money from Bahamas to Philippines to find out about fees, speed, and reliability.
Your analysis should include all the providers that operate between Bahamas and Philippines. Through this, you get a comprehensive view of all the options you have in Bahamas when you need to send money to Philippines.
Cheapest way to send money from Bahamas to Philippines
Without any money transfer providers serving the Bahamas to Philippines route, the cheapest money transfer options are limited.
We would recommend using:
Understanding the costs involved when moving money from Bahamas to Philippines
When calculating the costs of money transfers between Bahamas and Philippines, here's what really matters:
The Mid-Market Rate: Today, the BSD-PHP mid-market rate equals to 57.785395. Keep in mind that this rate fluctuates all the time.
The BSD-PHP average exchange rate of the past three months has been 55.7359, with a highest of 57.4519 and a lowest of 55.7359.
Fees and Markups: When you pick a service with competitive exchange rates and low fees, you get to make the most out of your BSD to PHP transfers. This strategy keeps your costs down, offering a smart way to handle your international transactions.
How to find the best exchange rate for Bahamian Dollar to Philippine Peso
Timing is essential for sending money between BSD and PHP. The exchange rate you secure impacts how much PHP you get for your BSD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from BSD to PHP has seen some fluctuation. On average, it stood at 55.7359.
During this period, the highest value recorded was 57.4519, while the lowest was 55.7359.
, which is our recommended service to send money online from Bahamas to Philippines offers an exchange rate that is only % above the mid-market rate.
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What payment methods are available when sending money from Bahamas to Philippines?
Sending bank transfers from Bahamas to Philippines
Bank transfers are the most common way of sending BSD to Philippines as they are secure, reliable, and convenient.
If you want to send Bahamian Dollars to Philippines via bank transfer, has been the top rated provider in our comparison system for the last three months, recommended % of the time.
That’s because companies like bypass the SWIFT network and rely on their own digital network of banks, making transfers faster and cheaper. As an example, 's transaction fees for Bahamian Dollars into Philippines have averaged at for the last three months. This is significantly lower than the fees charged by banks.
Sending money from Bahamas to Philippines by credit card
Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.
If you want to send Bahamian Dollars to Philippines with a credit card, is your best option. They've been the top rated provider in our comparison system for the last three months, recommended % of the time.
Note: Beware of chargesCredit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.
Sending money from Bahamas to Philippines by payment apps
If you’d like to send money from Bahamas to Philippines via payment app, follow these steps:
Download the app and register. Download the app from the App Store or Google Play. You’ll need to register to be able to open an account. Make sure the app services transfers from Bahamas to Philippines.
Enter your details. Enter any of the details required. You may need a valid form of ID.
Start your transfer. Enter the details of your recipient. Some apps will require full payment details, while others allow you to pay with just an email address. You may need to state that you’re planning to send money to Philippines in Philippine Peso at this stage.
Check the details. It’s vital that you check the details you’ve added to make sure everything is correct. It can be very difficult to reverse a transfer, and most payment apps don’t let you cancel a transfer from Bahamas to Philippines after it’s been sent.
Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the BSD to PHP exchange rate. Check the rate they’re offering against the mid-market rate to make sure you’re getting a good deal.
The current mid-market rate of BSD to PHP is 57.785395
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Philippines and Bahamas.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Bahamas to Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BSD to PHP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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