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How to send money to Bangladesh

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

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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.

Send money to Bangladesh with MoneyGram

MoneyGram International Money Transfers Offer

  • More than 350,000 agent locations worldwide
  • Fast transfer
  • Cash pick-up specialists

Send money to Bangladesh with MoneyGram

MoneyGram sends to bank accounts, mobile wallets and cash pick-up locations around the world.

  • Minimum transfer amount: $1
  • Maximum transfer amount: $13,750
  • Online transfer fee: $2.99
  • Cash pick up available.
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Online options to send money to Bangladesh

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 1 Within an hour AUD 2.99 59.94 BDT
59,760
MoneyGram sends to bank accounts, mobile wallets and cash pick-up locations around the world. Go to site Show details
AUD 1 Same day AUD 0.00 60.426 BDT
60,426
Get fast transfers with no fees and a range of foreign currency tools. Go to site Show details
AUD 0 Same day AUD 2.99 60.061 BDT
59,882
Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
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AUD 1 Same day AUD 3.99 60.547 BDT
60,305
Use promo code 3FREE to send your first 3 transfers with no fee. Conditions apply.
An online money transfer service with cash pick-up, bank account to bank account and airtime transfers available.
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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.

Track how the Bangladeshi taka trades against the Australian dollar in our historical rate chart.

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Updated: 06 Aug 2020 10:27:33 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 TransferWise, 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

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.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.

Logo for SendFX International Money Transfers
SendFX International Money Transfers

SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.

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

$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.

Logo for WorldFirst International Money Transfers
WorldFirst International Money Transfers

Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.

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2 Responses

  1. 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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