"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."
"Most transfers are instant or same-day. Customers can earn rewards on every transaction."
"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."
Best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Cayman Islands to the United States searches in the last 6 months, and was the top rated company out of 2 that support KYD to USD.
So for a great blend of cost, speed & features, make your Cayman Islands to the United States transfer using Wise.
How to get the best deal on sending money from Cayman Islands to United States
Get the most from sending money from Cayman Islands to United States
Comparing providers offering services between Cayman Islands 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 KYD-USD market and have compared 2 providers offering services between Cayman Islands and the United States.
This ensures you will get the most comprehensive options for sending Cayman Islands Dollar to the United States.
Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Cayman Islands to the United States transfer needs.
Cheapest way to send money to the United States from Cayman Islands: Wise
The cost is a combination of an average fee of 20* KYD and an exchange rate for converting Cayman Islands Dollar to US Dollar that is 0% different to the mid-market rate.
On average, Wise is 0.2% cheaper than the second-best option.
We would recommend Wise for low cost, affordable transfers from US Dollars to United States.
*The most common fee applied to KYD-USD by Wise, based on data from the past six months.
Fastest money transfers to the United States from Cayman Islands: Wise.
Through our comparison, we found Wise to be the fastest option for sending Cayman Islands Dollar to US Dollar 100% of the time. For fast transfers between KYD and USD, Wise is a great option.
When sending money from Cayman Islands to the United States, Wise has an average fee of 9.03 KYD. Although we would recommend comparing the amount you want to send.
When testing the fastest options, we compared the 2 money transfer providers offering Cayman Islands to the United States transfers for overall speed. This included transfer times to after depositing Cayman Islands Dollar to a money transfer account.
When you want the fastest way to send, Wise is our recommended choice for Cayman Islands to the United States transfers.
Sending a large amount of money?
Of the 2 providers compared, Wise is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Wise may not always be the fastest or cheapest way to send money from Cayman Islands to United States, it's a great provider for things like buying or selling property.
Understanding the cost of money transfers from Cayman Islands to United States
The total cost of sending money to United States from Cayman Islands is made up of a combination of mid-market, exchange rates and fees.
The Mid-Market and Exchange Rates: The current mid-market for KYD-USD is 1.1997 USD per Cayman Islands 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 Cayman Islands Dollars.
Over the last three months, the average KYD-USD mid-market rate has seen each Cayman Islands Dollar worth 1.1995 USD. Within this we see a high of 1.2001, and a low of 1.198.
Of the 2 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting KYD to USD.
Fees: When sending money you may have to pay fees. Instarem has had an average fee of 20 KYD per transfer over the last 6 months, the lowest of the 2 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 Cayman Islands.
Track the exchange rate for Cayman Islands Dollar to US Dollar
Sending money at the right time between KYD and USD can make a huge difference to overall cost. The exchange rate impacts how much USD you get for your KYD.
Over the last six months, the average numbers are:
The exchange rate from KYD to USD averaged 1.1995 USD.
The highest value recorded was 1.2001 USD, while the lowest was 1.198 USD.
2 providers currently offer transfers between Cayman Islands and the United States close to this rate
Want to secure the best KYD-US Dollar exchange rates?
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How to pay for money transfers between Cayman Islands and United States
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United States and Cayman Islands.
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 Cayman Islands to United States.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send KYD to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.