Compare US Dollar to Bosnia and Herzegovina Convertible Marka For Sending Money to Bosnia and Herzegovina from USA

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Mid Market Rate

The mid-market rate is the midpoint between the buy and sell prices of two currencies.
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More Available Options

You can check rates of some more providers that may support your country
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

About USD and BAM

A reasonable number of people from Bosnia and Herzegovina depend on the US for survival. This is because they have families and friends who live in the US, and they regularly have to send money to Bosnia and Herzegovina using different international money transfer channels. Transfer of money from the US to Bosnia and Herzegovina is common via numerous channels that have been put in place to enable the operation. Below is a simplified comparison that will help you pick the right money transfer service.

Best way to send money from the US to Bosnia and Herzegovina

There are many options that you can consider when you want to transfer money from US to Bosnia and Herzegovina. Some of the best choices you may want use are discussed below;

  1. Online Money transfer

    It is one of the commonly used transfer methods used to transact safely and fast. It involves the following online transfer companies that we researched and found to be the best and safe for you.

    XE Money Transfers has a 24/7 operation system that allows you to transfer money online without any limit. It is secure for both the sender and receiver. The receiver can receive the funds locally through the easy to access outlets like banks which are usually used as pick up points. 

    World Remit supports the transfer of money to Bosnia and Herzegovina from the US. It is secure and safe for all users. World Remit has a flexible payment option including bank deposits, cash pick-up, mobile money, or airtime top-up and simple to use platform. 

  2. Direct bank transfer

    There are Bosnia and Herzegovina banks in the US that will help you send money quickly. And this is good news more if you plan to remit lots of money regularly. If you are transferring money to Canada from the US via the same bank, it takes a shorter time, and the rates are also fair.

  3. Post office services

    Though post office services take longer, they are reliable and secure. Post offices have an exclusive agreement with transfer companies from the US to allow money transfer. However, there are similar services that such as Western Union that help fulfill receivers' needs.

What to consider when you want to send money from the US to Bosnia and Herzegovina

  • The amount of money you need to transfer because it can affect the cost of service
  • If the receiver is comfortable with the channel you select
  • USD to BAM exchange rate
  • How long until the transfer complete

The fastest way to send money from the US to Bosnia and Herzegovina

XE Money Transfers is so far the quickest option and operates 24/7. You can send any amount of money without limits, and worry of your money disappearing. You can easily send money from your phone through the easy to use app at your comfort. You have other options like sending money directly from your mobile device into a bank account.

It is also good to know that services like Western Union and some bank transfers can also be prompt but the only disadvantage is that they lack the 24/7 service factor.

FAQ's

Can I send money to Bosnia and Herzegovina from the US several times in a day?

You can send money to Canada from the US as many times as you wish as long as it is all legal and transparent. You should, however, confirm with your money transfer company if they can allow you to transfer money between these two countries as some companies have limits.

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What is the maximum amount of money that I can move from the US to Bosnia and Herzegovina at once?

The maximum amount of money that you can send from the US to Bosnia and Herzegovina depends on the transfer company that you want to work with. However, online cash transfer services have low maximums compared to banks and other modes of transfer and this can be a problem if you need to send large amounts regularly.

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If I send money to the wrong recipient, what steps can I take to get my money back?

You first have to notify your cash transfer service provider as they usually have different policies for handling such cases. You also need to be careful when making transactions so that you enter the correct details because cash reversal, in most cases, comes at a cost and may take more time than expected. However, make sure that the channel of transfer you use can be able to track your money.

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Historical Mid Market Exchange Rate From US Dollar (USD) to Bosnia And Herzegovina Convertible Marka (BAM) (Weekly)

Current Exchange Rate(Mid Market) :- 1.63 BAM/USD

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion USD To BAM

Send US Dollar To BOSNIA-AND-HERZEGOVINA Receive Bosnia And Herzegovina Convertible Marka
1 USD TO BAM 1.63
50 USD TO BAM 81.5
100 USD TO BAM 163
250 USD TO BAM 407.5
500 USD TO BAM 815
1000 USD TO BAM 1630
5000 USD TO BAM 8150
10000 USD TO BAM 16300
Send Bosnia And Herzegovina Convertible Marka Receive US Dollar From BOSNIA-AND-HERZEGOVINA
1 BAM FROM USD --
50 BAM FROM USD --
100 BAM FROM USD --
250 BAM FROM USD --
500 BAM FROM USD --
1000 BAM FROM USD --
5000 BAM FROM USD --
10000 BAM FROM USD --

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