How to send money to the Cayman Islands
Learn how to send money to the Cayman Islands at the best rate in 4 easy steps
1. Check the KYD mid-market exchange rate against your sending currency
Although the currency market is impossible to predict, it is a good idea to follow it to optimize how much you will receive for your money. It might be interesting for you to set-up our smart alerts to stay on top of the evolution of the mid-market.
2. Make your choice among the 6 money transfer providers sending money to the Cayman Islands in order to select the best option.
We compare quite a few money transfer companies offering money transfer services to the Cayman Islands, such as TransferWise, Western Union, MoneyGram, Xendpay, WorldRemit. Save money by comparing all your options and select the most competitive option for your money transfer.
3. Select the best provider for your personal needs
Do you want to transfer money to the Cayman Islands at the lowest overall cost, with the fastest option or with the top rated company?
It is also important to pay attention to the options to pay for the transfer and receive the money. Local bank transfer, debit and/or credit cards are the most common payment options to send money to the Cayman Islands online. On the recipient's side in Cayman Islands, select the right option, whether you need the money to be deposited on a local bank account or be available for cash pick-up.
4. Sign up and start your transaction with the company you selected
The last step is to fill the sign-up form on the money transfer provider's website (you normally have to provide information to prove your identity), and provide the details of your transaction.