- Fair service fees and mid-market rates – a major market differentiator
- Next-day delivery for most currencies
- Easy-to-use app
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Remittances contribute significantly to Bangladesh's economy, according to the World Bank, fueled by the more than 10 million migrant workers who send their hard-earned money back home to friends and family. To get as many takas as possible into the hands of your loved ones, look beyond traditional banks to digital money specialists offering the strongest rates and lowest fees on your next transfer.
Sign up and send with a digital money transfer specialist in four steps:
Let's say you want to send $1,000 home to your family in Bangladesh. You find your local bank does not offer Bangladesh money transfers, so you compare two money transfer specialists offering cash pickups and bank deposits to weigh which is cheapest, fastest and most convenient.
|Cash pickup||Money transfer service|
|Exchange rate||1 AUD = 52.6602 BDT||1 AUD = 54.544 BDT|
|Transfer speed||Minutes||1–2 days|
|Amount received||BDT 52,344||BDT 54,326|
The cash transfer specialist ends up being fastest, but the online money transfer service provided better value, delivering some 2,000 more takas to your loved ones.
Weigh costs and fees against convenience to find the best money transfer specialist for your needs:
The exchange rate determines how much one country’s currency is worth in another country's currency. When a country’s currency is strong, it yields more money when exchanging it in a country with a weak currency. Bangladesh's exchange rate is flexible, which means it can change from moment to moment. Factors that influence the exchange rate include interest rates, economic stability and inflation.
Depending on the transfer specialist you choose, you may be able to send money for delivery by:
Advise your recipients to practice caution when picking up cash:
Some situations in life require sending money quickly. For emergency transfers, expect to pay a fee extra to expedite delivery. Confirm the exchange rate and fees you'll pay to avoid unpleasant surprises.Back to top
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TorFX guarantees to match any competitor's exchange rate. Conditions apply.
TorFX sends money overseas in 30+ currencies, with competitive rates for transfer amounts over $2,000.
$0 transfer fees for Finder customers.
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.
Send guarantees to match any competitor’s exchange rate. T&Cs apply.
Send provides fee-free transfers via its 24/7 multi-currency payments platform with real-time quotes.
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