Want to send money to loved ones in Bangladesh? We compare the different money transfer companies and services you can use to send money to Bangladesh, to help you find the right deal for you.
Wise uses the mid-market rate and transparent fees to help you send money in 45+ currencies.
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 compare two money transfer specialists to find out which is cheapest, fastest and most convenient.
| Money transfer service 1 | Money transfer service 2 | |
|---|---|---|
| Exchange rate | $1 = BDT51.091 | $1 = BDT51.30 |
| Transfer fee | $74 | $9 |
| Amount received for $1,000 | BDT47,310.50 | BDT50,838.00 |
| Transfer time | Instantly | 1-2 days |
| Transfer options | Cash pick-up | Bank account |
| Difference of | BDT3,527.50 |
The first money transfer service offers instant transfer and cash pick-up, but the exchange rate is lower and the fees are much higher. If you need to have your money arrive immediately the first money transfer may be your best option. However, if you’re not in a rush you’ll want to choose the second money transfer service, as your family will end up with 3,527.50 more takas.
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.
Track how the Bangladeshi taka trades against the New Zealand dollar in our historical rate chart.
Today’s exchange rate NZD to BDT
Depending on the transfer specialist you choose, you may be able to send money for delivery by:
When processed through a reputable provider, your funds are safely tracked until they are in the hands of your recipient. Money transfer companies are required to:
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.
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