
Currencies Direct Multi-Currency Account for online sellers
Your detailed guide to the Currencies Direct Multi-Currency Account for online sellers, including exchange rates, fees, supported currencies and security. Read more…
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Whether you’re sending money to friends or relatives overseas or managing a portfolio of business expenses in the region, there are plenty of ways to send money to Bangladesh. Check out our handy money transfer guide if you’re looking to send money to Bangladesh in the near future, to find the most competitive exchange rates and lowest fees.
WorldRemit can help you get your money where it needs to go in minutes, with upfront exchange rates and low fees.
Use promo code FINDERCA on your first transfer and pay zero fees. T&Cs apply.
Compare money transfer services in the table below by using the table headings to order products by transfer fees, minimum transfer amount and other factors. To find out more about a product, click “More”. To open an account with a transfer provider, click “Go to site”.
The “Rate” and “Amount Received” displayed are indicative rates that have been supplied by each brand or gathered by Finder.
Exchange rates are volatile and change often. As a result, the exchange rate listed on Finder may vary to the actual exchange rate quoted for the brand. Please confirm the actual exchange rate and mention “Finder” before you commit to a brand.
Many Canadians turn to their banks to facilitate international money transfers, even though this is typically a more expensive process since banks often charge exorbitant fees and exchange rates. Dedicated money transfer providers are often a more convenient and affordable choice. How come? Because they’re able to offer lower fees and more competitive exchange rates than the bank, which can save you a ton of money in the long run. This can be especially handy if you carry out regular transactions.
Asif has been living and working in Canada for several years, but regularly communicates with his family in Dhaka. Since Asif is working with a prominent engineering firm in Toronto (after finishing his masters degree at the University of Victoria), he wants to start sending money home to help pay for his brother’s school fees. Asif decides to send $1,000 to his parents and starts by comparing the costs to send money with his bank versus a reputable money transfer service.
Bank | Money Transfer Service | |
---|---|---|
Exchange rates | CAD$1 = BDT 61 | CAD$1 = BDT 63 |
Transfer fees | $25 | $14 |
Amount received (for $1,000) | BDT 61,000 | BDT 63,000 |
Transfer speed | 2 – 5 days | 1 – 2 days |
Options available | Bank-to-bank transfer | Bank-to-bank tranfer or cash pick-up |
Asif is pleased to discover that he can save BDT 2,000 (around $31) in the exchange rate with the money transfer option, with an additional $11 in fees. This amounts to a total savings of $42.
Compare the following factors to avoid any extra charges when sending a money transfer overseas.
In Canada there are a number of money transfer providers that will allow you to send money to Bangladesh. Consider both your own needs and the needs of your recipient before you settle on the right choice for you.
If you’ve lost or misplaced your wallet in Bangladesh, you may be able to collect cash fast through your travel insurance policy (which can be purchased prior to your trip) or through your credit card. If you’re left high and dry for some other reason, the best thing to do is search for a cash pick-up service like Western Union or MoneyGram. These services often have higher transaction fees and exchange rates, but they can be a real lifesaver in case of an emergency.
If you’re aiming to head to Bangladesh in the near future, the Government of Canada recommends that you exercise a high degree of caution (as of 09 September 2018). Pickpocketing, purse snatching and mugging are common, particularly in areas frequented by tourists and foreigners. Thieves tend to target rickshaw, CNG (motorized rickshaw) and taxi passengers, particularly around dusk. They are also present on trains, ferries and long-distance buses on major roads between towns. Make sure to pick up cash at an agent location during daylight hours in the company of a trusted friend and use common sense when carrying large amounts of cash through busy streets.
If you’ve decided to use a dedicated money transfer service to send money from Canada to Bangladesh, you may need to provide specific information about your recipient. If you’re sending funds that will be picked up in cash by your recipient, you will likely need to supply the following information:
Hold on to your receipt until you can confirm that your recipient has retrieved the funds. If there’s a problem with the transfer, you’ll need your receipt to help solve any issues.
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how can i see my account money of agrani bank bd…..???how much money in my account??
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