How do I buy Bermudian dollars?
Using our comparison form at the top of the page, enter the amount of Bermudian dollars you want to buy, select your preferred payment method(s) and click 'Compare Deals'. We'll return a list of UK currency suppliers who are selling Bermudian dollars right now along with their latest exchange rates and delivery information. The results are sorted in order of who is offering the most Bermudian dollars after all fees and delivery charges have been added which means the best deals are always at the top of the table. Choose the supplier you want to order with and follow the link to their website where you can place your order with them directly.
When is the best time to buy Bermudian dollars?
It is impossible for us to predict the best time to buy Bermudian dollars. We provide some historical exchange rate data in the chart above so you can see the overall trend, but beyond that we cannot offer any advice on when to buy. Our advice is to not worry too much about trying to perfectly time the market. Unless you are buying tens or hundreds of thousands of pounds worth of currency, the daily changes in exchange rates do not make a huge difference to the amount of currency you'll receive.
Can I collect my Bermudian dollars in person?
Yes, some currency suppliers do allow you to collect Bermudian dollars from them in person. We have a dedicated Click & Collect page where you can find the nearest supplier in your area. If you plan on collecting in person, we recommend ordering or reserving your Bermudian dollars online first on the supplier's website to guarantee the exchange rate. Some suppliers offer lower exchange rates if you walk in off the street, but you can usually order online in advance and collect your currency in store at the better online rate.
How long does Delivery take?
Most currency suppliers will dispatch your order on the same or next working day after they receive your payment, and all orders are sent via Royal Mail Special Delivery which is a fully-insured and guaranteed Next Working Day service. However, just in case any unexpected delays crop up we recommend ordering no later than 3 working days before you are due to travel. If you've left it too late for home delivery, check out our Click & Collect page to find a local Bermudian dollar supplier near you. We cover most UK airports, so in the worst case scenario you can reserve your currency online (at the better online rate) and pick it up from the departure lounge before you fly.
Do I have to be at home when my currency is delivered?
No. All currency is sent by Royal Mail Special Delivery which is a fully-insured and guaranteed Next Working Day service. Somebody at your address will need to sign for the package but if nobody is home when the postman attempts to deliver, they'll leave a missed delivery card and you can either collect the package from your nearest sorting office or arrange for it to be re-delivered on a more convenient day.
Can I have my Bermudian dollars sent to a different address?
Generally, no. This is ultimately at the discretion of the currency supplier, but most suppliers will only deliver to the home address of the person paying for the currency (i.e. the card or bank account holder's address). This is for security reasons because a signature is required when the currency is delivered, and signatures from work or other addresses can be unreliable and difficult to prove.
What happens if the package goes missing during delivery?
All currency is sent by Royal Mail Special Delivery which is a fully-insured and guaranteed Next Working Day service. This type of postage is more secure than standard post and is meant specifically for high-value and important items because tracking is enabled by default and a signature is required as proof of delivery. It is very rare for a Special Delivery package to go missing, but in the unlikely event that it does you will be completely reimbursed by Royal Mail for the full value of the currency and the cost of postage.
What payment method should I use?
The payment method you choose is important because it affects whether or not you pay any extra fees during checkout, and also whether you are financially protected in the unlikely event that something goes wrong with the supplier. We have written a more detailed guide about choosing a payment method on our blog: A guide to payment methods.
Are there any limits on the amount of Bermudian dollars I can order?
Most, but not all, currency suppliers have a minimum and a maximum amount you can order from them, however we automatically factor these into our comparisons so if you tell us exactly how much you want to spend we'll only return suppliers that can fulfill your request. Most suppliers also have a minimum amount that you can order from them to qualify for free home delivery; if you order less than this amount you can still get your order delivered by you'll have to pay for postage. Again, we automatically factor these charges into our comparisons so you don't need to worry about any hidden costs during checkout.
Is ordering online safe and secure?
All of the currency suppliers we compare use SSL encryption as standard on their ordering pages. This means that when you place an order, a secure connection is created between you and the supplier and your personal and payment details are transmitted using the same level of encryption as online banking.
Am I financially protected if something goes wrong with the supplier?
The level of financial protection you receive is determined by the payment method you choose. For more information see our FAQ above: What payment method should I use?
What checks does Compare Holiday Money carry out on the listed suppliers?
All currency suppliers are required to complete a comprehensive onboarding questionnaire before we list them on the Compare Holiday Money website. This questionnaire provides us with information on the supplier's background, financial history, directors and technical capabilities, as well as document any legal and regulatory requirements the supplier may have. Our compliance team verify the answers by cross-referencing them with various online registers such as Companies House, the Supervised Business Register and the Financial Conduct Authority, and we then make a decision as to whether to list them. Once a supplier has been listed we run regular audits to check the ongoing status and accuracy of the information provided, and if any issues are flagged up we immediately suspend the listing until the supplier corrects the issue or provides us with clarification. Despite these stringent checks, we cannot guarantee the solvency of any suppliers who appear on the Compare Holiday Money website and we urge all customers to conduct their own research before transacting with a company.
Do I need to provide ID or other documents?
It depends. You may need to provide some ID, typically a copy of your passport or driver's licence, depending on how much currency you are ordering. Most suppliers won't ask for ID if you're ordering less than £1,000 but most will if you're ordering £2,500 or more. If you're ordering £10,000 or more you may need to provide additional information on the source of the funds. The exact requirements vary from supplier to supplier, but they will make it clear what form(s) of ID and other documents they require before you place an order.
Can I sell back any unused Bermudian dollars?
Yes, we have a section of our website dedicated to currency buybacks: Exchange Bermudian dollars for pounds sterling.
Can I send money to a bank account in Bermuda instead?
Yes, we can facilitate the transfer of currency into an overseas bank account; see our Money Transfers page for more information.
The Bermudian dollar is the official currency of the British Overseas Territory of Bermuda, having replaced the pound sterling in 1970 which had been in circulation since 1842. The Bermudian dollar is pegged to the US dollar at a rate of 1:1, and while both currencies are in equal circulation in Bermuda, only banks are legally allowed to exchange Bermudian dollars into any other currency - subject to a 1% Foreign Currency Purchase Tax.
Bermudian dollars can be subdivided into 100 cents. Notes are available in denominations of $2, $5, $10, $20, $50 and $100; the current series were issued by the Bermuda Monetary Authority in 2009 and are minted by the UK Royal Mint. Notes depict famous Bermudian buildings and landmarks on the front such as the House of Assembly of Bermuda and Dockyard Clock Tower, while the obverse features pictures of wildlife native to the Caribbean including Blue angelfish and the White-tailed tropic bird.
You don't need a visa to enter Bermuda provided you have a British passport and have booked accommodation before you arrive. Initial visits are permitted for up to 21 days; if you want to stay for longer than this you'll need to get permission from the Bermuda Department of Immigration. Extensions are not automatic but are usually granted and will allow you to increase your stay for up to 90 days. Your passport must be valid for the proposed duration of your stay.
If you plan on working in Bermuda, you must secure a job before you arrive on the island. Your employer will then apply for a work permit on your behalf, and once this has been received you can enter Bermuda to work. You are not allowed to look for work whilst visiting the island.
For more information on entry requirements and work permits, check the UK Foreign and Commonwealth Office Travel Advice for Bermuda or the Government of Bermuda website.
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