The Bermudian Dollar buy back rates below were last updated 1 minute ago
Unless you plan on visiting Bermuda again in the near future it’s a good idea to sell your leftover Bermudian Dollars back as soon as you return. The banks generally give a very poor buyback rate and should be avoided at all costs. The best buyback rates can be found online with the specialist brokers who operate much lower margins than high street branches.
In addition many currency suppliers such as the Post Office offer a buy back guarantee where they promise to buy back your currency providing you originally bought it from them in the first place. These are generally not such a good idea because the rates they offer are lower than those found online and you’ll need to show your original receipt as proof of purchase before they’ll hand over any cash.
The best option is to sell your leftover Bermudian Dollars online. Find a supplier by comparing the best Bermudian Dollar buy back rates above you’ll benefit from an excellent buy back rate and hassle-free transaction from one of our trusted buyback partners.
There are three easy steps to selling your currency back online. All of these instructions will be explained to you as you go along and we'll also email you further instructions on what to do after you've placed your order.
Enter the amount of currency you want to sell and find the best deals using our comparison table above. If you have more than one currency to sell you can add them to your order later on. Once you've found a buyer, click 'Sell Now' where you'll be asked to fill out a buy-back order form.
We'll need a few basic details from you including your contact details, the currency(ies) you would like to sell and the bank account you would like your payment sent to. Once you've completed the quick order form you'll be asked to print a copy - don't worry if you don't have a printer handy as we'll also email you a copy and you can also write your order number on a piece paper if you don't have access to a printer. At this point we'll also send a copy of your order to the buyer so they know to expect your currency.
You'll need to then post your currency and order form (or a piece of paper containing your order number) to the buyer or drop it in to them in person if you live nearby. We recommend you send you currency via Royal Mail Special Delivery as this service is fully trackable and insured for up to £2,500 (you can split larger orders up into multiple packages if necessary).
Once the buyer receives your currency they will contact you to confirm receipt and process your payment. You will then be paid directly into your bank, usually within 3 working days of them receiving your currency.
Over the past week the Bermudian Dollar buy back rate has worsened by 0.43% from last Monday's rate of 1.5039 to today's rate of 1.5104 which means $500 is worth £1.43 less today than it did a week ago. During this period the worst time to sell is right now at 1.5104 and the best time to sell was on Tuesday at 1.5028.
The 90 day outlook has seen the Bermudian Dollar buy back rate worsen by 5.36% from 1.4336 on 24th October 2017 to 1.5104 today. Based on these figures, $500 is worth £17.73 less today than it did three months ago. The worst buy back rate we recorded was 1.5104 earlier today and the best buy back rate we recorded was 1.423 on 31st October 2017.
Posted by Graham Morley on 16th January 2018
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