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Send money from Bahamas to United States
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
Alternative for Bahamas to United States
While you can’t send BSD to USD with Wise, you can transfer USD to USD.
"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."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
Best way to send money to US from Bahamas: MoneyGram cash transfer
Based on our comparisons and analysis, we found that very few providers currently support BSD to USD transfers online.
Because of this limited coverage, the most reliable option is to send cash through a MoneyGram Agent.
Transfer fees vary depending on your location and the amount you send, but in most cases you can expect to pay around 3 BSD per 250 BSD transferred.
Before sending, check with your local branch or the MoneyGram website to confirm which deposit methods are available for you (it can be online deposit or cash in-store).
How to send money from Bahamas to United States
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you get the best rates on converting into US Dollar from Bahamas.
Choose a provider
Select the provider offering the best way to send to the United States based on your needs.
Click, sign up & send
Follow the steps & make your transfer. Your US Dollar will soon be on their way to the United States.
Summary of recent searches
Get the most from sending money from Bahamas to United States
Compare providers
Comparing providers offering services between Bahamas and the United States based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire BSD-USD market and have compared 3 providers offering services between Bahamas and the United States.
This ensures you will get the most comprehensive options for sending Bahamian Dollar to the United States.
Whilst we rate Western Union Agent as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Bahamas to the United States transfer needs.
Beat the Bahamian Dollar-US Dollar exchange rate
Choose the right payment method
Financial regulations across Bahamas and United States
Consider minimum and maximum limits
Receiving money in United States
Be ready with your ID
Tax declarations
The fastest way to to send BSD to US is using PayPal (P2P Transfer)
If you and your recipient both have the PayPal app, the transfer is instant.
However, the withdrawal time from the PayPal account to the bank account or mobile wallet could take some time (from minutes to couple of days depending on the amount and account status).
With the limited BSD/USD transfer options, this is one of the fastest options you have.
Alternatively, you may want to consider sending cash via Western Union or MoneyGram.
The fastest way to send money to Nigeria from Pakistan is to use cash transfer via Western Union Agent
In most cases cash transfers with Western Union are instant, and your recipient will be able to collect USD in minutes.
However, depending on how much you send, it can take a bit longer (up to a day) due to the processing time.
With the limited number of money transfer companies servicing BSD/USD, cash transfer with Western Union is the fastest way.
Sending large amounts of money
Of the 3 companies compared, Western Union Agent has the strongest option for large transfers from Bahamas to the United States.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Bahamian Dollar to US Dollar.
The Western Union Agent rate makes them great for large transfers between the United States and Bahamas.
Understanding the cost of money transfers from Bahamas to United States
The total cost of sending money to United States from Bahamas is made up of a combination of mid-market, exchange rates and fees.
The Mid-Market and Exchange Rates: The current mid-market for BSD-USD is 1.0012 USD per Bahamian Dollar.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more US Dollar for your Bahamian Dollars.
Over the last 7 days, the average BSD-USD mid-market rate has seen each Bahamian Dollar worth 0.9994 USD. Within this we see a high of 1.0022, and a low of 0.9945.
Of the 3 companies compared, Western Union Agent offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting BSD to USD.
Fees: When sending money you may have to pay fees. Western Union Agent costs 3 BSD per transfer at the moment, which is the cheapest option of the 3 providers compared. We would recommend searching to ensure you get the correct fee for your transfer amount.
Amount Received: When comparing providers, the best measure is the amount of US Dollar eventually received in the United States.
This number should be a guide for your decision if cost is important. A higher amount of money received in the United States means a better overall cost of sending money from Bahamas.
How to get the best exchange rate for Bahamian Dollar to US Dollar
Getting the best exchange rate essential for sending money between BSD and USD. The exchange rate you secure impacts how much USD you get for your BSD.
Here is how the currency has performed recently.
Over the past 7 days, the mid-market from BSD to USD has been 0.9994.
During this period, the highest value was 1.0022, while the lowest was 0.9945.
Western Union Agent, which is our recommended choice to send money online from Bahamas to United States offers an exchange rate that is only 5% above the mid-market rate.
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Payment methods available to fund your Bahamas to United States transfer
Bank transfers
Bank transfers are often the better option for money transfers from Bahamas to the United States.
Sending money via a bank transfer with a company such as Western Union Agent for transfers from Bahamas to the United States allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Western Union Agent is the best provider for bank transfers of the 3 we tested when sending BSD to the United States.
With a fee of BSD3 to send money from Bahamas to the United States, Western Union Agent offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Bahamas to the United States with a prepaid or a debit card is very simple with Western Union Agent.
Western Union Agent is a leader in card payments for transfers from Bahamas to the United States, competing among a total of 3 active money transfer companies on this route.
Credit cards
When it comes to international credit card transfers from Bahamas to the United States, we recommend comparing your options to get the best deal.
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 United States 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 United States.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BSD to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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