How to send money to Bangladesh
Discover how to send money to Bangladesh with the best exchange rate with these 4 steps
1. See if the BDT conversion rate is interesting
Even though the evolution of the exchange rate is impossible to predict, it can help you save money to follow it to optimize how much the receiver of the transfer will get. You should use our smart exchange rate alerts to follow the BDT mid-market rate against your currency.
2. Compare the 17 providers available to send money to Bangladesh and select the best option.
There are quite a few companies offering money transfer services to Bangladesh, such as TransferWise, Western Union, MoneyGram, Xendpay, Orbit Remit. Selecting the right service from the list is a sure way to save on costs.
3. Pick the best service for your transfer
Decide if you’re looking for the money transfer service with the lowest price, the faster transfer time, highest ratings, or other criteria.
Another important aspect is to take into account the pay-in and pay-out options. You can often have money transfer providers allowing you to wire the money from your bank account, some will also give you the option to pay by credit and debit cards. On the other side of the transfer, you can decide if your want the converted amount to be transferred to your recipient's account or be available for cash pick-up.
4. Sign up and get started wih your transfer with the service you selected
Go to the money transfer provider's homepage to complete the sign-up process - be prepared to upload an offical ID and/or a proof of adress - and configure your transfer.