Best way to send money to Bangladesh

Remittances contribute significantly to Bangladesh’s economy, according to the World Bank, fuelled by the more than 10 million migrant workers who send their hard-earned money back home to friends and family. If you’re planning to send money to Bangladesh and want to get as many takas as possible into the hands of your loved ones, look beyond traditional banks to digital money specialists. You’ll find they offer the strongest rates and lowest fees on your next transfer.

Top pick for

Small transfers & cash transfers

Azimo

Top pick for

Large transfers

CurrencyTransfer

Top pick for

Fast transfers

Remitly

Compare services that send money to Bangladesh from the UK

Table: sorted by a combination of service offering and the amount your recipient will receive

I want to send

Min. Transfer Amount	Transfer Speed	Online Transfer Fee	Rate	Amount Received	Description	CTA	Details
GBP 2,500	1 day	N/A	N/A	N/A	TorFX guarantee to beat any competitor's exchange rate for a transaction (conditions apply)	Go to site	Compare	Show details	Details Minimum transfer amount GBP 2,500.00 Transfer methods Online, Phone Transfer options N/A Customer service Phone, Email Available currencies AED, AUD, BHD, BWP, CAD, CHF, CZK, DKK, EGP, EUR, FJD, GBP, HKD, HRK, HUF, ILS, INR, JPY, KES, KGS, KWD, LKR, LTL, MAD, MUR, MXN, NOK, NZD, OMR, PHP, PLN, QAR, RON, RUB, SAR, SEK, SGD, THB, TRY, TTD, UGX, USD, XCD, ZAR Go to site Read the full review
GBP 5,000	Same day	N/A	N/A	N/A	Universal Partners FX offers competitive exchange rates and same-day transfers for 100+ currencies.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 5,000.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email Available currencies AED, ALL, AMD, ANG, AOA, ARS, AUD, BBD, BDT, BGN, BHD, BMD, BND, BOB, BRL, BSD, BWP, CAD, CDF, CHF, CLP, CNY, CRC, CVE, CZK, DJF, DKK, DOP, DZD, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, GYD, HKD, HNL, HRK, HUF, IDR, ILS, INR, JMD, JOD, JPY, KES, KRW, KWD, KYD, KZT, LKR, LRD, LSL, MAD, MDL, MGA, MRO, MUR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PEN, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SCR, SEK, SGD, SLL, SRD, STD, SZL, THB, TND, TRY, TTD, TWD, TZS, UAH, UGX, USD, UYU, XAF, XCD, XOF, XPF, ZAR Go to site Read the full review
GBP 5,000	1 day	N/A	N/A	N/A	Take advantage of fee lock-ins and live bookable rates, helping you save up to 85% in hidden bank fees.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 5,000.00 Transfer methods Online, Phone Transfer options N/A Customer service Phone, Email Available currencies AUD, BDT, BMD, CAD, CNY, DZD, EUR, GBP, HKD, ILS, INR, JMD, JPY, NZD, PHP, PLN, RUB, USD, ZAR Go to site Read the full review
GBP 2,500	Same day	N/A	N/A	N/A	Central FX’s dedicated private client team will guide you through the money transfer process from first call to final payment.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 2,500.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Chat, Email, Branch Available currencies AED, ANG, AUD, BBD, BGN, BHD, BRL, BSD, BWP, CAD, CHF, CNY, CZK, DKK, EGP, EUR, FJD, GBP, GHS, GMD, HKD, HRK, HUF, IDR, ILS, INR, JMD, JOD, JPY, KES, KWD, KYD, LKR, MAD, MUR, MWK, MXN, NGN, NOK, NZD, OMR, PHP, PKR, QAR, RON, RSD, RUB, SAR, SEK, SGD, SZL, THB, TND, TRY, UGX, USD, XCD, ZAR, ZMW Go to site Read the full review
GBP 1	Same day	GBP 0.00	108.86	BDT 108,860	Whatever amount you transfer, XE will not charge you a fee for using their service.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 1.00 Transfer methods Online, Phone, Bank Account to Bank Account Transfer options Regular payments, One off payments, Market orders, Forward contracts Customer service Phone, Email, Branch Available currencies AED, AMD, AUD, BAM, BBD, BDT, BGN, BHD, BND, BRL, BWP, CAD, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EUR, FJD, GBP, GEL, GTQ, HKD, HNL, HRK, HUF, IDR, ILS, JMD, JOD, JPY, KES, KRW, KWD, KZT, LKR, LSL, MAD, MKD, MUR, MWK, MXN, MYR, NAD, NOK, NZD, OMR, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SEK, SGD, SZL, THB, TND, TOP, TRY, TTD, TWD, TZS, UGX, USD, VUV, WST, XCD, XPF, ZAR Go to site Read the full review
GBP 3,000	1 day	N/A	N/A	N/A	Get no fees as a Finder customer when you transfer your money overseas with Global Reach.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 3,000.00 Transfer methods Online, Phone Transfer options N/A Customer service Phone, Chat, Email Available currencies AED, AUD, BBD, BGN, BHD, BSD, BWP, CAD, CHF, CZK, DKK, EUR, GBP, GHS, HKD, HRK, HUF, ILS, ISK, JOD, JPY, KES, KWD, KYD, LKR, MAD, MUR, MXN, NOK, NZD, OMR, PKR, PLN, QAR, RON, RUB, SAR, SEK, SGD, THB, TND, TRY, TTD, UGX, USD, XCD, ZAR Go to site Read the full review
GBP 1	1 - 2 days	GBP 1.99	108.012	BDT 107,797	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.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 1.00 Transfer methods Online, Bank Account to Bank Account, Cash Transfer Transfer options N/A Customer service Phone, Chat, Email Available currencies ARS, BDT, BGN, BOB, BRL, CLP, CNY, COP, CRC, CZK, DOP, EGP, ETB, EUR, GBP, GHS, GTQ, GYD, HNL, HRK, HTG, HUF, IDR, INR, JMD, KES, KMF, KRW, LKR, MAD, MXN, MYR, NGN, NIO, NPR, PEN, PHP, PKR, PLN, PYG, RON, RWF, THB, TND, TRY, TZS, UGX, USD, UYU, VND, XAF, XOF, ZAR Go to site Read the full review
GBP 50	Same day	GBP 2.99	108.341	BDT 108,017	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.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 50.00 Transfer methods Online Transfer options N/A Customer service Chat, Email Available currencies AED, ALL, AMD, AOA, ARS, AUD, BAM, BBD, BDT, BGN, BHD, BIF, BOB, BRL, BWP, CAD, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, ISK, JMD, JOD, JPY, KES, KGS, KHR, KMF, KRW, KWD, KYD, LAK, LBP, LKR, LRD, LSL, MAD, MDL, MGA, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PEN, PHP, PKR, PLN, PYG, QAR, RON, RUB, RWF, SCR, SEK, SGD, SLL, SOS, SRD, THB, TJS, TND, TOP, TRY, TZS, UAH, UGX, USD, UYU, VND, WST, XAF, XCD, XOF, ZAR, ZMW, BYN Go to site Read the full review
GBP 10	Within an hour	GBP 2.00	108.855	BDT 108,637	First two transfers free for new customers. Instant or 1 hour transfers to over 50 countries, send money directly to bank accounts or over 280,000 cash pickup points.	Go to site	Compare	Show details	Details Minimum transfer amount GBP 10.00 Transfer methods Online, Phone, Agent, Cash Transfer Transfer options N/A Customer service Phone, Email, Branch Available currencies AED, ALL, AMD, AOA, ARS, AUD, AZN, BAM, BBD, BDT, BGN, BHD, BIF, BMD, BOB, BRL, BWP, CAD, CHF, CLP, CNY, COP, CRC, CVE, CZK, DKK, DOP, DZD, EGP, ETB, EUR, FJD, GBP, GEL, GHS, GMD, GNF, GTQ, HKD, HNL, HRK, HTG, HUF, IDR, ILS, INR, ISK, JMD, JOD, JPY, KES, KGS, KHR, KMF, KRW, KWD, LAK, LBP, LKR, MAD, MDL, MGA, MNT, MRO, MUR, MVR, MWK, MXN, MYR, MZN, NAD, NGN, NIO, NOK, NPR, NZD, OMR, PEN, PGK, PHP, PKR, PLN, PYG, QAR, RON, RSD, RUB, RWF, SAR, SBD, SCR, SEK, SGD, SLL, SZL, THB, TJS, TND, TOP, TRY, TTD, TWD, TZS, UAH, UGX, USD, UYU, VEF, VND, VUV, WST, XAF, XOF, XPF, ZAR, ZMW, ZWD, BYN Go to site Read the full review

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 for an account. Use our site to narrow down a money specialist offering the best rate and lowest fees to send money to Bangladesh. Create an online account with your name, contact information and proof of valid ID.
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.
Pick an amount. Indicate how much you want to transfer, and confirm the exchange rate and any fees before completing your transaction.
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 to family in Bangladesh. Here’s a comparison between a bank and money transfer specialists offering cash pickups and bank deposits. This table uses real fees and exchange rates and is current as of 11 April 2020.

	Bank transfer	Cash pickup	Money transfer service
Fee	£30 + bank fees	£12	£2
Exchange rate	1 GBP = 102.43 BDT	1 GBP = 105.85 BDT	1 GBP = 105.46 BDT
Transfer speed	2-4 days	Minutes	Same day
Amount received	BDT 101,462	BDT 104,545	BDT 105,257
Verdict	Slowest and most expensive	Fastest	Best value

The bank ends up being both the slowest and most expensive way to send money to Bangladesh, resulting in the least amount of money delivered among the three. The cash transfer specialist is the fastest, but the money transfer service provides the best value, delivering some 3,795 more takas to your loved ones.

How to compare transfer companies that send money to Bangladesh

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

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 choose to send money to Bangladesh, 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 to send money to Bangladesh.

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.

If you need to send money to Bangladesh you can track how the Bangladeshi taka trades against the pound sterling in our historical rate chart.

Updated: 30 Sep 2020 19:30:01 UTC

Options to send money to Bangladesh from the UK

Bank transfers. Send money direct from your bank account to an account in Bangladesh.
Money transfer providers. Online providers like TransferWise and WorldRemit can help you transfer money quickly and easily.
Money transfer company with cash pickup. Providers like MoneyGram and Western Union allow you to send money to Bangladesh online, over the phone or from an agent location. Those funds can then be picked up over there as cash from an agent.

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. If you need to send money to Bangladesh as an emergency, expect to pay a fee extra to expedite delivery. Confirm the exchange rate and fees you’ll pay to avoid unpleasant surprises.

Cash pickup locations

WorldRemit
Xpress Money – Azmul Telecom & Departmental Store
Address: Vhadail, Dhamsona, Ashulia, Savar, Dhaka
Hours: 10 am – 4 pm
Phone:
Xpress Money – Friends Business Center
Address: 12/B, Road-4, Plot-61/1, 61/2, Mirpur, Dhaka
Hours: 10 am – 4 pm
Phone:
Xpress Money – Century Business Center
Address: 278 Ahmednagar, Mirpur, Dhaka
Hours: 10 am – 4 pm
Phone:

MoneyGram
NCC
Address: Post Office PS Nababgonj Dist Dhaka
Hours: 12 am – 11:59 pm
Phone: +880-622588387
Brac Bank LTD – #1517 – DHAKA – SAVAR BR
Address: Mazidpur Mouza Choto Balimeher Rana Plaza Holding #B36 Dhaka
Hours: 12 am – 11:59 pm
Phone: +880-7743506
ABBL – #49 – DHAKA – MALIBAGH BRANCH
Address: Advanced Melinda Intersection of Mouchak and Rampura Road 72 Dhaka
Hours: 12 am – 11:59 pm
Phone: +880-9354471

Western Union
ASA
Address: Asa Dakkhin Khan 2732 Narddapara Uttara Dhaka, Dhaka 1230
Hours: 8 am – 7 pm
Phone: +880-1730098289
ASA
Address: Mugdapara Khilgaon 3 Mahshin Villa 128 2a North Mugda Sabujbagh Dhaka, Dhaka 1219
Hours: 8 am – 7 pm
Phone: +880-1730098233
ASA
Address: Asa Adabor Road No 11 House No 17 Shekertek Adabor Dhaka, Dhaka 1207
Hours: 8 am – 7 pm
Phone: +880-1730098194
WorldRemit
Xpress Money – Deluxe International
Address: Sultan Market, Word no-3, Hathazari, Chittagong
Hours: 10 am – 4 pm
Phone:
Xpress Money – Fatikchari Branch
Address: Nazrul Shopping Complex, 1st Floor, College Road, Chittagong
Hours: 10 am – 4 pm
Phone:
Xpress Money – Nasima Enterprise
Address: Iqbal road, Patharghata, Kotowali, Chittagong
Hours: 10 am – 4 pm
Phone:
MoneyGram
Agrani Bank
Address: Dhaka Trunk Road Chittagong, 4311
Hours: 12 am – 11:59 pm
Phone: +880-9345117
JRBL – PAHARTALI BRANCH – #141321
Address: Dhaka Trunk Road 335 Chittagong, 4202
Hours: 10 am – 5 pm
Phone: +880-420231751793
Agrani Bank
Address: Dhaka Trunk Road Chittagong, 4310
Hours: 12 am – 11:59 pm
Phone: +880-302856035
Western Union
Al Arafah Islami Bank Limited
Address: Azadi Bazar Branch Azadi Bazar Fatikchori Chittagong, Chittagong 4351
Hours: 10 am – 4:30 pm
Phone: +880-1629408998
Brac Bank Limited
Address: Sitakunda Branch Ali Market, 511 Dt Road, Sitak Chittagong, Chittagong 3100
Hours: 10 am – 5 pm
Phone: +880-302856141
Janata Bank Limited
Address: Saherkhali Branch Po Saherkhali Ps Mirsharai Chittagong, Chittagong 4320
Hours: 9:30 am – 5 pm
Phone: +880-1713107087
WorldRemit
Xpress Money – Al-Najery Trade Link
Address: 52/18 KA, B L College Road, Daulatpur, Khulna
Hours: 10 am – 4 pm
Phone:
Xpress Money – Nuruddin Pharmacy
Address: Baka Bazar, paikgacha, Khulna
Hours: 10 am – 4 pm
Phone:
Xpress Money – Shahidullah Enterprise
Address: Baintala Bazar, Batiaghata, Khulna
Hours: 10 am – 4 pm
Phone:

MoneyGram
Merchantile Bank Limited – #121 – KHULNA
Address: Kastury Plaza 73 KDA Avenue Khulna
Hours: 12 am – 11:59 pm
Phone: +880-41813562
Dutch-Bangla Bank Limited – KHULNA
Address: Sena Khalyan Bhaban 1 KDA Avenue Khulna, 9000
Hours: 12 am – 11:59 pm
Phone: +880-41813783
Brac Bank Limited – #2801 – KHULNA BRANCH
Address: Plot 3 The Daily Trobaho Bhaban KDA Khulna
Hours: 12 am – 11:59 pm
Phone: +880-2831334

Western Union
Agrani Bank Limited
Address: Khulna Medicle College Branch Medical College Boyra Khulna, Khulna 9100
Hours: 9 am – 4 pm
Phone: +880-1913921863
Bangladesh Post Office
Address: Khulna Gpo Khulna, Khulna 9000
Hours: 10 am – 4 pm
Phone: +880-441760677
Rural Reconstruction Foundation
Address: Khulna Branch Beside The Mohsin College Central Road Khulna, Khulna 9100
Hours: 8 am – 6 pm
Phone: +880-1720526282

Thank you for your feedback!

Zak Killermann

Zak Killermann is a writer at Finder. He’s ghostwritten hundreds of articles on fintech, finding his love for publication at St. Cloud State University. Traveling internationally for nearly half his life — and getting burned once by an OTC money exchange — Zak's vowed not to settle for anything short of the mid-market rate again.

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6 Responses

TanjinaMarch 2, 2019

I am from Bangladesh. I am still a student. I have some student account, but no business or personal account. One friend of mine from the UK wants to send me some money. How to do this? Is it possible to transfer money from the UK to Bangladesh by bKash? I have a bKash account under mom’s name. But most importantly, my friend is a UK citizen, a native English. Please, give me some suggestion.

Reply
- finder Customer Care
  
  JoshuaMarch 5, 2019Staff
  
  Hi Tanjina,
  
  Thanks for getting in touch with Finder. I hope all is well with you. :)
  
  It is possible for your friend in the UK to send money to your bKash account provided that the money transfer service company he/she uses an authorized or partner company of bKash. As of this time, we don’t have a list of specific companies that are partnered with bKash. However, you can still ask your friend to use any of the companies listed above such as TransferWise and Azimo. Simply click on the “Go to site” green button and from there, your friend will know whether these companies can send through bKash.
  
  Of course, you also have the option to use other means of receiving the money. That way, your sender would have other options when sending you money.
  
  I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.
  
  Have a wonderful day!
  
  Cheers,
  Joshua
  
  Reply
JonyMarch 15, 2017

I have A Bangladeshi local Bank account And Have SWIFT code But not have IBAN number,When i go to Bank and tell them to generate this IBAN number they told me,Its not possible to generate IBAN number in Bangladesh Bank account and also tell me that, no need to received money to abroad an IBAN number,They give me My Account number And Bank name adress and Bank SWIFT code.So Is it possible to received money in my that bank account to international wire transfer.Thank you.

Reply
- finder Customer Care
  
  MillieMarch 16, 2017Staff
  
  If you are transferring funds to a Bangladeshi bank account, you’ll need to provide the recipient’s name, account number, the bank’s name and SWIFT code. If you refer to our page on sending money to Bangladesh you can get in touch with RationalFX or Azimo, who offer wire transfers to Bangladesh, to find out if you would need to provide an IBAN number or any further information.
  
  Reply
MahiFebruary 14, 2017

I don’t bank account or VISA/ MASTER/ DBBL Nexus/ AMEX Card.Can i pay by cash or mobile phone?

Reply
- finder Customer Care
  
  MillieMarch 3, 2017Staff
  
  Yes some providers allow you to make cash transfers. We would recommend you use either Western Union or MoneyGram to transfer cash to Bangladesh. Both these providers have cash pickup locations in Dhaka and Chittagong.
  
  Reply

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