Best option: Revolut
We tested & reviewed 4 money transfer providers, and Revolut scored highly in each category.
Over the last six months, Revolut appeared in 45.5% of Bahamas to Philippines searches, and was the top rated company supporting money transfers between BSD and PHP.
For a great mix of cost, speed & features, transfer from Bahamas to Philippine Peso using Revolut.
How to send money from Bahamas to Philippines
Considerations for money transfers from Bahamas to Philippines
Comparing providers offering services between Bahamas and the Philippines, based on your specific needs is the best way to send money with confidence.
Our comparison includes 4 companies that provide the ability to send Bahamian Dollar to Philippines.
This ensures you get the best options for transfers to the Philippines from Bahamas, based on the amount you want to send.
Cheapest way to send money from Bahamas to the Philippines: Revolut
On average, Revolut fees were 0* BSD per transfer and customers would expect an exchange rate between BSD-PHP that is 0.02% different to the mid-market rate
Against the others tested, Revolut is 0% cheaper than the second-best option.
To secure a cheap way to transfer BSD to the Philippines, Revolut is our recommendation.
*The most common fee applied to BSD-PHP by Revolut, based on data from the past six months.
Fastest way to send money to the Philippines from Bahamas: Revolut.
In our comparison, we found Revolut to be the fastest way to send Bahamian Dollars to Philippine Peso in 45.5% of transfers. For quick transfers between BSD and PHP, Revolut comes highly recommended.
Sending money from Bahamas to the Philippines through Revolut has an average fee of 0 BSD.
To find the fastest company, we compared 4 money transfer providers for the overall speed of sending money from Bahamas to the Philippines. This was made up of depositing Bahamian Dollar to a money transfer account and transfer times to the Philippines.
When looking for the fastest money transfer, Revolut is our best choice for sending into Philippines from Bahamas.
Transfer a large sum of money
From 4 money transfer companies compared, Revolut is the best option for large transfers from Bahamas to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Bahamas to the Philippines can become expensive if you use a bank, or the wrong provider.
Revolut is the top choice for sending large sums of money to the Philippines from Bahamas because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from Bahamas to Philippines
The total cost of sending money to the Philippines from Bahamas, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for BSD-PHP is 59.1421 PHP per Bahamian Dollar.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Bahamian Dollar.
The average BSD-PHP mid-market rate for the last three months has been 57.6305 PHP per Bahamian Dollar. This includes a high of 58.9969, and low of 55.4652.
Out of the 4 companies compared, Revolut offers the best exchange rates.
The exchange rate you receive on converting BSD to PHP should be the biggest determining cost factor when transferring Bahamian Dollar to the Philippines.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Revolut, with a fee average of 0 BSD per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Philippine Peso eventually received in the Philippines.
A lower cost of sending from Bahamas will result in more money received in the Philippines.
How to get the best exchange rate for Bahamian Dollar to Philippine Peso
Getting the best exchange rate essential for sending money between BSD and PHP. The exchange rate you secure impacts how much PHP you get for your BSD.
Here is how the currency has performed recently.
Over the past six months, the mid-market from BSD to PHP has been 57.6305.
During this period, the highest value was 58.9969, while the lowest was 55.4652.
Revolut, which is our recommended choice to send money online from Bahamas to Philippines offers an exchange rate that is only 0.02% above the mid-market rate.
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Payment options for transfers from Bahamas to Philippines
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, 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 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.