Learn how to transfer money to Barbados at the most competitive cost in four easy steps
Transfering money on a day where the exchange rate is favorable can help you save money. Frequently check the evolution of the Barbados dollar exchange rate and make your transfer when you can get a good exchange rate.
Which criteria is the most important for you? Fees and exchange rate, speed, user ratings? Examine the pros and cons of the different options before selecting the provider.
In addition, it is important to consider the pay-in and pay-out options. You can have money transfer services allowing you to send the money from your bank account, others will also give you the option to pay by cards. At the other end, in Barbados, select the right option, whether you need the amount in BBD to be deposited on a local bank account or received in cash (from an agent location).
Now is the time to complete the sign-up form on the money transfer provider's online portal (you most of the time have to upload some ID documents to confirm your identity), and get started with your money transfer to Barbados.