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Overall best option: Wise
Of the 6 companies that support BSD to ZAR, Wise offered the best combination of cost and speed.
Overall, Wise appeared in 100% of Bahamas to South Africa searches, consistently scoring as one of the best ways to send BSD to ZAR.
So for a great mix of cost, speed & features, send Bahamian Dollars to South Africa using Wise.
Compare for the best deal on your Bahamas to South Africa transfer
- Always compare rates
Don't spend more than you have to. Use our live comparison tool to compare rates on money transfers from Bahamas to South Africa.
- Choose a provider
Pick the provider that offers you the best value & service for your needs for BSD to ZAR transfers.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be heading to South Africa.
Summary of recent searches
Transfer consider from Bahamas to South Africa
A comparison of providers offering services between Bahamas and South Africa is paramount. Based on your specific transfer amount, the best way to send money to South Africa could change. Comparing ensures the best price for your needs.
For services allowing you to send Bahamian Dollar to South Africa we've compared 6 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from Bahamas.
Overall, we rated Wise as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Bahamas to South Africa.
Cheapest way to send money from Bahamas to South Africa: Wise
On average, Wise fees were 40.87* BSD per transfer and customers would expect an exchange rate between BSD-ZAR that is -0.02% different to the mid-market rate
Against the others tested, Wise is 0% cheaper than the second-best option.
To secure a cheap way to transfer BSD to South Africa, Wise is our recommendation.
*The most common fee applied to BSD-ZAR by Wise, based on data from the past six months.
Fastest way to send money to South Africa from Bahamas: Xe.
In our comparison, we found Xe to be the fastest way to send Bahamian Dollars to Rand in 75% of transfers. For quick transfers between BSD and ZAR, Xe comes highly recommended.
Sending money from Bahamas to South Africa through Xe has an average fee of 0 BSD.
To find the fastest company, we compared 6 money transfer providers for the overall speed of sending money from Bahamas to South Africa. This was made up of depositing Bahamian Dollar to a money transfer account and transfer times to South Africa.
When looking for the fastest money transfer, Xe is our best choice for sending into South Africa from Bahamas.
Need to make a large transfer?
Wise is the best option for large transfers of the 6 providers compared.
While Wise may not always be the cheapest or fastest way to send BSD from Bahamas to South Africa, it's a great provider for larger transfers for things like buying or selling property.
Understanding the costs involved when transferring money to South Africa from Bahamas
When calculating the cost of sending money from Bahamas to South Africa, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current BSD-ZAR mid-market rate is 18.2155 ZAR per Bahamian Dollar. Finding a provider as close to this number as possible will ensure more Rand for your money.
As a comparison, the BSD-ZAR mid-market rate for the past three months has averaged 18.1434 ZAR per Bahamian Dollar, hitting a high of 19.0806 and a low of 17.1675.
Wise is currently offering the best exchange rate on transfers between Bahamas and South Africa.
Often the BSD-ZAR exchange rate you receive will be the biggest factor impacting the cost of sending Bahamian Dollar to South Africa.
Fees: Transfer fees are charged on top of a transfer. Wise currently offers lowest fees, at an average of 40.87 BSD over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Rand is the biggest indicator in the total cost of sending money to Bahamas from South Africa. The higher the total amount received in South Africa, the lower the cost of sending from Bahamas.
How to get the best exchange rate for Bahamian Dollar to Rand
Getting the best exchange rate essential for sending money between BSD and ZAR. The exchange rate you secure impacts how much ZAR you get for your BSD.
Here is how the currency has performed recently.
Over the past six months, the mid-market from BSD to ZAR has been 18.1434.
During this period, the highest value was 19.0806, while the lowest was 17.1675.
Wise, which is our recommended choice to send money online from Bahamas to South Africa offers an exchange rate that is only -0.02% above the mid-market rate.
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Payment methods available to fund your Bahamas to South Africa transfer
Bank transfers
Bank transfers are often the better option for money transfers from Bahamas to South Africa.
Sending money via a bank transfer with a company such as Wise for transfers from Bahamas to South Africa allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Wise is the best provider for bank transfers of the 6 we tested when sending BSD to South Africa.
With an average fee of BSD41.1 to send money from Bahamas to South Africa, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Bahamas to South Africa with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from Bahamas to South Africa, competing among a total of 6 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from Bahamas to South Africa, emerges as our top choice of the 6 companies offering this service.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between South Africa 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 South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BSD to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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