How to transfer a large amount of money with Bendigo Bank in 2025
Sending large amounts of money across borders can be complex, but Bendigo Bank makes it…
The Bahamian Dollar (BSD) is the official currency of The Bahamas, issued by the Central Bank of The Bahamas. It is pegged to the U.S. Dollar (USD) at a 1:1 exchange rate, and both currencies circulate freely within the country. The Bahamian Dollar was introduced in 1966, replacing the Bahamian Pound. The currency is subdivided into 100 cents, with banknotes ranging from $1 to $100 and coins from 1 cent to $1. Due to The Bahamas' reliance on tourism and offshore finance, the peg to the USD provides economic stability and ease of trade, particularly with the United States, its largest trading partner.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.