- Low transfer fees
- Zero-margin exchange rates
- Same or next business day transfer
- Earn loyalty points on sign up, referral and every transaction
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Looking for the best way to send money from Malaysia to family, friends or businesses in Bangladesh (or even to your own bank account)? Don't head straight to your Malaysian bank - turn to online money transfer services instead. They nearly always offer better exchange rates and lower fees - which means for the same amount of ringgits you send, the recipient will receive more takas.
Use our table below to compare services that send money from the Federation of Malaysia to Bangladesh. Compare the money transfer providers' fees and speeds, then click "Go to site" when you've found the best one to send your Malaysian Ringgits to Bangladesh.
Here's our simple process for sending a money transfer to Bangladesh as a cash pickup or bank transfer - the two options are similar:
If you send to a Bangladeshi bank account, your recipient will need to wait for the funds to arrive. For a cash pick up, your Bangladeshi recipient will need to show some form of photo ID in order to pick up the funds. It's also important that you give them the transaction reference number to streamline the process.
How to decide which option is best for you to send money to Bangladesh.
To send money from Malaysia to Bangladesh, you'll need the following:
Most providers require a driver's license, passport or other Malaysian government-issued ID. You can send transfers without the above but may need to give alternate ID instead.
Your options depend on the provider's services. Popular methods include cash, debit or credit card payments, bank account transfers and personal cheques.
You'll need their name (matching their ID) plus contact details. If sending to a Bangladeshi bank account, you'll need the a/c number, SWIFT and branch details.
To collect money in person in Bangladesh, the recipient will need:
The reference number - sometimes called a PIN, MTCN or tracking number.
A official ID, such as a Bangladeshi passport or driving license.
To know how much has been sent, usually to within 10% of the total.
The sender's name and address and the country from where the money was sent.
The cost of sending money to Bangladesh from Malaysia depends on the exchange rate between MYR to BDT, the fees, how you want your recipient to receive your transfer and the turnaround time:
Finder’s WazirX review covers all the information you will need about the exchange. Learn about the cryptocurrencies WazirX offers as well as its fees and incentives.
Kraken is a reputable bitcoin and altcoin exchange that is designed with the advanced trader in mind.
Nexo is a cryptocurrency lending and borrowing platform that offers high interest rates on cryptocurrencies, stablecoins and fiat. We review the features available and look at how safe your funds would be on the platform.
We compare these two large cryptocurrency exchanges to see how their fees, features and customer support stack up.
Learn how to find the cheapest brokerage fees and a range of flexible trading features when you buy and sell US shares.
Your step-by-step guide on how to sell XRP (XRP) for both fiat currency and cryptocurrency, including detailed instructions for novice crypto traders.
Looking to transfer a lot of money to the Philippines? Protect yourself from penalties and save time with this guide.
If you’re looking for a secure way to send money overseas, an international bank draft could be for you — but if speed is important, consider using a money transfer service instead.
Find Payza alternatives to help your business make international payments with ease.
Read our Wise review to see the exchange rates, fees and what to expect when you send a transfer.
finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. While we are independent, the offers that appear on this site are from companies from which finder.com receives compensation. We may receive compensation from our partners for placement of their products or services. We may also receive compensation if you click on certain links posted on our site. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please appreciate that there may be other options available to you than the products, providers or services covered by our service.