Money transfers Canada to Bahamas

Save money when converting Canadian dollars and sending to the Bahamas from Canada.

We compare the best options for customers transferring Canadian dollars to BSD, arriving in the Bahamas quickly and at low cost.

Last updated on February 10th, 2025
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Bahamas
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Smarter international transfers. Canada to the Bahamas

We always suggest comparing money transfer companies serving the Canada to the Bahamas route.

This will mean getting the most Bahamian Dollar for your Canadian dollars converted.

⚡ Need a quick recommendation?

If you’re looking for a quick answer (based on a 2,000 CAD transfer to the Bahamas), the cheapest, fastest and top rated ways to send money to the Bahamas from Canada are:

Best by

Provider

Exchange rate

🏆 Top rated

Wise

-0.41%

💰 Cheapest

Remitly

0.45%

🚀 Fastest

Xe

3.54%

Data based on a 2,000 CAD transfer from Canada to the Bahamas.

A wave of providers offering transfers between Canada and Bahamas

Canada dollar to to Bahamian Dollar exchange rate

Find out how many BSD you can get for each Candian dollar at the mid-market rate.

CADBSD Price
1 CAD0.72
5 CAD3.58
10 CAD7.16
100 CAD71.62
1000 CAD716.19
BSDCAD Price
1 BSD1.40
5 BSD6.98
10 BSD13.96
100 BSD139.63
1000 BSD1396.28
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Data on transfers between Canada and Bahamas

Top rated for transfers from Canada to Bahamas
Wise
Total number of CA - BS providers
4
Average cheapest fees & rate
Remitly
Average fastest transfer
Xe
Average transfer time
Within minutes
Best for bank transfers
Remitly
Best for debit card
Xe
Best for credit card
Xe
Get the best deal

Giving you the best price, and service, for sending into Bahamian Dollar from anywhere in Canada

To ensure we give you the best transfer price from Canada to the Bahamas we will provide all customers with:

  • Best deals for sending from Canada

    We work with dozens of providers offering different prices on buying Bahamian Dollar from Canada.

    We pair this with the fastest speeds between Canada and the Bahamas.

    Together, this gives the best Canadian Dollar to BSD deal.

  • Only regulated providers

    Every provider we work with for Canadian customers is regulated by FINTRAC, and equivalents in the Bahamas where needed.

    This aids peace of mind and safety when planning to send money out of Canada.

  • Comprehensive coverage

    Get the widest range of providers supporting Canadian customers. Including managed services for large amounts of CAD transfers leaving Canada and heading to the Bahamas. These may need to be declared to FINTRAC and other tax authorities in the Bahamas.

    This includes being able to filter by the cheapest or fastest ways to send money from Canada to the Bahamas.

  • Cheaper than banks

    Banks in Canada charge too much for sending money internationally, including to the Bahamas. This is because they use intermediary services along the way, and offer worse rates on buying Bahamian Dollar, with higher fees.

    Avoid using banks like the Bank of Nova Scotia or or TD Group for transfers to the Bahamas and get more Bahamian Dollar for your each CAD you want to send.

    Our results will tell how much cheaper than a bank every provider is for CAD to BSD transfers

  • Wide choice of payment and withdrawal methods

    All companies offering between Canada and the Bahamas will offer a selection of payment and withdrawal methods.

    This means you can fund a transfer to the Bahamas using a bank transfer, but have the recipient collect the BSD in cash.

    For reference, our data shows the cheapest (and generally fastest) way to send money from Canada to the Bahamas is by using a bank transfer.

Get started

Send Canadian dollars to a local BSD account in the Bahamas

Sign up with a provider offering transfers out of Canada to the Bahamas

Fund your transfer into BSD using a bank transfer, or debit card, with your chosen provider

Hit send! Your Canadian Dollars will typically convert to Bahamian Dollar and arrive in the Bahamas in 0-2 working days.