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Rates & charges

Rates and charges, published in the open.

Telegraphic transfer rates for international wires, our full schedule of charges, and what a sender needs in order to pay you from abroad.

Foreign exchange

Telegraphic Transfer rates

Indicative telegraphic transfer rates, quoted in BBD
Telegraphic transfer buying and selling rates quoted in Barbados dollars
CurrencyBuyingSelling
USDUnited States Dollar1.993752.02768
GBPPound Sterling2.692262.74273
EUREuro2.308342.35162
CADCanadian Dollar1.434211.46421
XCDEast Caribbean Dollar0.738430.74306
BZDBelizean Dollar0.996881.00313
GYDGuyana Dollar0.009620.00968

Rates are indicative, apply to telegraphic transfers, and are subject to change without notice. The rate applied to your transaction is the rate in effect at the time it is processed.

Quick converter

An indication of what a telegraphic transfer is worth today. Not a quote.

You get approximately

199.38 BBD

At the buying rate of 1.99375. Indicative only, and subject to change.

Schedule of Charges

Our full schedule of charges sets out every fee that can apply to an account, a card or a transaction — including the monthly fee that applies to an .expert-saver account that falls below its BBD $2,500 minimum balance.

  • No monthly fee on the .deposit and .savings accounts
  • No fees to send or receive funds via Sagicor Pay
  • No penalties for repaying a loan early
Request the full schedule

Incoming Payments

To receive an international payment into your Sagicor Bank account, the sender will need our correspondent banking details along with your full name, account number and the purpose of the payment.

Our ABMs only accept local currency deposits, so a USD account must be funded by transfer — either from another Sagicor Bank USD account, or from a local USD account or foreign bank.

Request incoming payment details

Questions on a rate?

Our team can walk you through it.

Call the Client Experience Centre on (246) 228-7225, or email support@sagicor.bank.