How to send money to Bangladesh

Here’s how to send a quick, affordable and secure money transfer to Bangladesh.

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  • 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.

How we chose these services

Top picks are our selection of some of the best money transfer products and services on Finder, but we haven't compared every brand in the market. We've included them on some pages to help you make decisions faster, but keep in mind that our top pick may not always be the best fit for you. Read our full methodology here to find out more.

Online options to send money to Bangladesh

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 1 Same day AUD 0.00 62.045 BDT
62,045
XE has fast transfers with low fees and a range of foreign currency tools. Go to site Show details
AUD 10 Within an hour AUD 2.99 61.989 BDT
61,804
Special offers like free transfers and better exchange rates available for new customers.
Remitly has quick, affordable transfers around the world, with both express and economy options.
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AUD 1 Same day AUD 3.99 62.176 BDT
61,928
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
WorldRemit sends money to 110+ countries for bank-to-bank deposits, cash pick-ups or mobile top-ups.
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AUD 1 1 - 2 days AUD 12.00 62.108 BDT
61,362
Wise uses the mid-market rate and transparent fees to help you send money in 50+ currencies. Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

How to send money to Bangladesh online

Sign up and send with a digital money transfer specialist in four steps:

  1. Sign up for an account. Use our site to narrow down a money specialist offering the best rate and lowest fees, and create an online account with your name, contact information and proof of valid ID.
  2. Provide your transfer details. Submit your recipient's name, address and contact information, and choose your preferred method of delivery. Depending on the transfer method, you may also need their Bangladeshi bank account information.
  3. Pick an amount. Indicate how much you want to transfer, and confirm the exchange rate and any fees before completing your transaction.
  4. Save your receipt. Hold on to your confirmation details to monitor the progress of your transfer.

Crunching the numbers: Sending $1,000 to Bangladesh

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 pickupMoney transfer service
Fee$6$4
Exchange rate1 AUD = 52.6602 BDT1 AUD = 54.544 BDT
Transfer speedMinutes1–2 days
Amount receivedBDT 52,344BDT 54,326
Verdict
  • Fastest
  • Best value

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.

How to compare transfer companies

Weigh costs and fees against convenience to find the best money transfer specialist for your needs:

  • Exchange rates. Look for a provider that offers a strong rate with low markup on the mid-market rate. And note that your strongest rate may require a minimal transfer fee.
  • Transfer fees. Most companies charge fees for the convenience of a money transfer. But many reduce fees or waive them altogether for larger amounts.
  • Transfer method. Depending on the company, you may be able to initiate a transfer online, over the phone and by visiting a branch.
  • Turnaround time. Some companies take up to five business days to process transfers, while others make funds available to your recipient within minutes for an additional fee.
  • Pickup methods. Is the transaction managed completely online with funds delivered straight to your recipient’s bank account, or can they visit an agent location and pick up cash in person?
  • Minimum transfer amounts. Make sure the amount you're sending is supported by the companies you compare.
  • Customer service options. Are phone and email customer support available? Can you reach out for help through online live chat? Also check when these services are available to make sure you can access help whenever you need it.
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Foreign exchange rates explained

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.

Today's exchange rate AUD to BDT

1
0
Updated: 31 Jul 2021 23:33:23 UTC

Options for sending money to Bangladesh from Australia

Depending on the transfer specialist you choose, you may be able to send money for delivery by:

  • Bank transfer. Send money direct from your Australian bank account to an account in Bangladesh.
  • Digital transfer specialist. Online providers like Wise, WorldRemit and OFX can send money quickly and easily.
  • Cash pickups. Providers like MoneyGram and Western Union allow you to send funds online, over the phone or from an agent location. Those funds can then be picked up as cash from an agent in Bangladesh.
  • Checks. It's a slower method of sending money to Bangladesh, but it may be available with select providers.
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Tips for picking up cash

Advise your recipients to practice caution when picking up cash:

  • Keep your money hidden until safely deposited in a bank account.
  • Avoid questionable parts of town when carrying cash.
  • Bring a friend along to provide an extra set of eyes, especially if you're picking up a large number of takas.

Emergency cash transfers

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.

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Cash pickup locations in Bangladesh

More guides on Finder

International Money Transfer Offers

Important Information*
Logo for TorFX International Money Transfers
TorFX International Money Transfers

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.

Logo for OFX (Ozforex) International Money Transfers
OFX (Ozforex) International Money Transfers

$0 transfer fees for Finder customers.
OFX has no maximum limit transfers, with competitive exchange rates for 45+ currencies.

Logo for Send International Money Transfers
Send International Money Transfers

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.

Logo for XE International Money Transfers
XE International Money Transfers

XE has fast transfers with low fees and a range of foreign currency tools.

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2 Responses

    Default Gravatar
    moushiSeptember 18, 2015

    how can i see my account money of agrani bank bd…..???how much money in my account??

      Avatarfinder Customer Care
      ShirleySeptember 21, 2015Staff

      Hi Moushi,

      Thanks for your question.

      To check the balance in your account, you can get in touch with your bank or log into it’s internet banking platform if that’s possible.

      Cheers,
      Shirley

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