Send Money to Bangladesh
Compare available providers for popular routes and review estimates for your amount.
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Current USD to BDT quotes
Compare current provider quotes for sending $1,000 USD. Recipient outcome remains the main comparison point.
How rankings work: Methodology · Commercial Policy
Top row follows the selected sort. The alternate Standard or New User rate appears below when available.
Paysend
Remitly
Sendwave
#3 estimate
Western Union
Taptap Send
Panda Remit
| Provider | Exchange Rate | Fee | You Send | Recipient Gets | Action |
|---|---|---|---|---|---|
Best New User rate Best Standard rate | 123.30 | USD 1.99 | USD 1,000 | 123,297.22 BDT | Go to PaysendCheck quote |
123.08 122.90 | FREE USD 3.99 | USD 1,000 | 123,080 BDT 122,409.629 BDT 217.22 less | Go to RemitlyCheck quote | |
122.55 | USD 0.99 | USD 1,000 | 122,549.05 BDT 748.17 less | Go to SendwaveCheck quote | |
122.27 | USD 34.99 | USD 1,000 | 122,265 BDT 1,032.22 less | Go to Western UnionCheck quote | |
122.00 | FREE | USD 1,000 | 122,000 BDT 1,297.22 less | Go to Taptap SendCheck quote | |
122.48 | USD 3.99 | USD 1,000 | 121,992.699 BDT 1,304.521 less | Go to Panda RemitCheck quote | |
123.28 | USD 15.17 | USD 1,000 | 121,404.92 BDT 1,892.3 less | Go to WiseCheck quote |
Amount ComparisonAmount Comparison: How Much Will They Receive?
Estimate what your recipient may get at different transfer amounts using New User rates.
| Provider | $100 | $500 | $1,000 | $5,000 |
|---|---|---|---|---|
Remitly Rate: 123.0800 | Fee: $0.00Best New User | ৳12,308.00 | ৳61,540.00 | ৳123,080.00 | ৳614,009.63 |
Paysend Rate: 123.2972 | Fee: $1.99 | ৳12,084.36 | ৳61,403.25 | ৳123,051.86 | ৳616,240.73 |
Sendwave Rate: 122.5490 | Fee: $0.99 | ৳12,133.58 | ৳61,153.20 | ৳122,427.73 | ৳612,623.93 |
Taptap Send Rate: 122.0000 | Fee: $0.00 | ৳12,200.00 | ৳61,000.00 | ৳122,000.00 | ৳610,000.00 |
Panda Remit Rate: 122.4814 | Fee: $3.99 | ৳11,759.44 | ৳60,752.00 | ৳121,992.70 | ৳611,918.30 |
Tip: The difference between providers can be significant for larger transfers. For $5,000, you could receive up to ৳6,240.73 more by choosing the best provider.
Recipient Gets Exactly...
Enter how much your recipient needs in BDT. We'll show how much you need to send.
Why Use Online Money Transfer Services?
Compare Bank Costs
Bank wires can combine exchange-rate margins with fixed wire fees. Digital and wallet-supported providers may show lower total costs on some routes, but compare the final BDT received and checkout terms before sending.
Faster Delivery
Bank wire transfers take 3-5 business days. Online services often deliver within 24 hours, with instant transfers available to bKash and Nagad mobile wallets.
Easy & Convenient
Send money from your phone or computer 24/7. No need to visit a bank branch. Track your transfer in real-time and get notifications when it arrives.
Sending Money to Bangladesh: What You Need to Know
Bank Transfer Requirements
- Account Number: Recipient's Bangladeshi bank account number
- Routing Number: 9-digit code identifying the bank branch
- Recipient Name: Must match exactly as on bank records
- NID: National ID number (may be required for bank deposits)
Payment Options
- Bank Transfer (ACH/SWIFT): Often lower-cost funding, 1-3 days
- Debit Card: Fast, moderate fees
- Credit Card: Fastest, higher fees (3-5% extra)
- Apple/Google Pay: Available with select providers
Supported Bangladeshi Banks
All major Bangladeshi banks accept international transfers:
Delivery Options in Bangladesh
- Bank Deposit: Direct to any Bangladeshi bank account
- bKash Mobile Wallet: Instant transfer to bKash (most popular)
- Nagad Wallet: Instant transfer to Nagad mobile wallet
- Cash Pickup: Available at partner locations nationwide
Bangladesh: Major Remittance Recipient
$22B+
Remittances received annually
10M+
Bangladeshi diaspora worldwide
4-9%
Potential cost gap vs bank wires
Bangladesh is among the major remittance-receiving countries globally. Major source countries include Saudi Arabia, UAE, United States, United Kingdom, and other Gulf states. Remittances are important to household finances and the wider economy. Mobile wallets like bKash have changed how many recipients receive and use funds.
Understanding Remittances to Bangladesh
Bangladesh receives over $21 billion in remittances annually, making it one of the top 10 remittance-receiving countries globally. More than 12 million Bangladeshi workers abroad, concentrated in the Gulf states (Saudi Arabia, UAE, Qatar, Kuwait), Malaysia, the United Kingdom, United States, and Italy, send money home to support families, fund education, and build homes. Remittances represent approximately 5-6% of Bangladesh's GDP and are a critical foreign exchange earner.
The Gulf-to-Bangladesh corridors are the largest by volume, driven by millions of construction and service workers in Saudi Arabia and UAE. The UK-to-Bangladesh corridor is also significant, with a large Bangladeshi community concentrated in London. Each corridor has different dynamics: Gulf transfers tend to be smaller but more frequent (weekly/biweekly wages), while US and UK transfers are typically larger and monthly.
Bangladesh Bank (the central bank) actively promotes formal remittance channels and offers a 2.5% cash incentive on remittances received through official banking channels, an important benefit that recipients lose when using informal hundi or hawala networks. Recipients can receive money through bank deposits to any Bangladeshi bank, mobile banking via bKash, Nagad, or Rocket, and cash pickup at agent locations nationwide.
How to Choose the Right Provider for Bangladesh
Bangladesh's unique 2.5% government incentive and growing mobile banking ecosystem shape how you should choose a provider:
Best Exchange Rate (USD/GBP to BDT)
Compare Wise and Remitly. Compare final BDT quotes and confirm whether the transfer route qualifies for any Bangladesh Bank incentive before sending.
Instant bKash/Nagad Delivery
Compare Remitly and WorldRemit. bKash and Nagad delivery can be useful for urgent transfers, but availability, limits, and delivery time vary by provider and sender country.
Sending from Gulf Countries
Compare dedicated Gulf exchange houses and digital providers. Saudi Arabia and UAE have established Bangladesh transfer options, including exchange-house and app-based routes. Compare their fees, exchange rates, payout methods, and final BDT received before choosing.
Large Transfers for Property or Investment
Compare OFX and Wise Business. For transfers above $5,000 - property purchases, business investment, or education expenses, check dedicated support, documentation needs, final pricing, and incentive eligibility before sending.
Common Mistakes When Sending Money to Bangladesh
1. Missing the 2.5% Government Incentive
Bangladesh Bank offers a 2.5% cash incentive on all remittances received through authorized banking channels. Using informal hundi/hawala systems means your recipient loses this bonus. On a $1,000 transfer, that's BDT 2,500+ lost. Always use regulated providers that route through official banking channels.
2. Not Verifying bKash Account Numbers
bKash transfers require the correct 11-digit mobile number linked to the wallet. A wrong digit sends money to someone else, and recovery is extremely difficult. Always confirm the bKash number directly with your recipient and verify their registered name before sending.
3. Using Banks for Small Regular Transfers
Bank wire transfers to Bangladesh cost $25-45 in fees plus 3-5% exchange rate markup. For regular $200-500 transfers supporting family, these costs are devastating. Online providers charge $0-5 with better rates, saving you BDT 2,000-4,000 per transfer. Over a year of monthly transfers, that's BDT 24,000-48,000 saved.
4. Not Knowing About Bangladesh's Banking Hours
Bangladeshi banks operate Sunday through Thursday (closed Friday and Saturday). Transfers initiated for bank deposit on a Thursday evening won't be processed until Sunday. For time-sensitive transfers, use bKash or Nagad delivery which works 24/7 regardless of banking hours.
5. Comparing Fees Without Checking the BDT Rate
A provider with no upfront fee may still include cost in the exchange-rate margin. Compare the total taka your recipient may receive, including any eligible incentive, then confirm the checkout quote before sending.
Top Money Transfer Services for Bangladesh
Wise
Transparent quote benchmark
Remitly
Fast transfers, bKash support
XE
Established currency brand
Western Union
Cash pickup, mobile wallets
Sendwave
Bangladesh-focused route option
OFX
Large amount option
Bangladesh Remittance & BDT News
View allFrequently Asked Questions: Various to BDT
What is the cheapest way to send money to Bangladesh?
How long does it take to transfer money to Bangladesh?
What documents do I need to send money to Bangladesh?
Is it safe to send money to Bangladesh online?
What is the limit for sending money to Bangladesh?
Can I send money to Bangladesh from a credit card?
Which banks in Bangladesh can receive international transfers?
Can I send money to bKash or Nagad mobile wallets?
What is a routing number for Bangladesh banks?
What time is best to send money to Bangladesh for better rates?
Ready to Send Money to Bangladesh?
Compare current provider options and choose the route that fits your next transfer to Bangladesh. Most transfers arrive within 1-2 business days.
New to sending money to Bangladesh? Read our complete guide to the best ways to send money to Bangladesh in 2026.