Send Money to Bangladesh | Best BDT Exchange Rates 2026 | RemitSelect
🌿 #7 Global Remittance Recipient
Bangladesh flag
Sending to Bangladesh

Send Money to Bangladesh
at the Best Rates

Compare 40+ verified providers for GBP, AUD, USD, CAD → BDT transfers. See real exchange rates, real fees — and make sure every pound and dollar reaches your family in full.

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6
Sending Countries
1–3
Day Transfers
🔒FCA & AUSTRAC Regulated Providers
Transfers in 1–3 Days
💸Zero Hidden Fees
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🌟40+ Verified Providers

Bangladesh's Diaspora Sends
Billions Home Every Year

Bangladesh receives over $21 billion USD in remittances annually, making it one of Asia's most important remittance corridors. With millions of Bangladeshis living and working in the UK, Australia, USA, Canada, and across the Middle East, the need for fast, low-cost GBP/AUD/USD to BDT transfers is immense — and the savings from comparing providers are very real.

🎁
Government Cash Incentive on Remittances
Bangladesh Bank offers a 2.5% cash incentive on all inward remittances sent through official channels. That means a £1,000 transfer earns your recipient an extra 2.5% on top — a meaningful bonus that rewards using regulated services.
📱
bKash & Nagad Have Transformed Delivery
With over 60 million bKash accounts and 70 million Nagad users, mobile wallet delivery has made remittances instant and accessible even in rural Bangladesh. Many leading providers now support direct wallet top-ups.
🏦
Banks Still Charge Too Much — Comparing Is Essential
Traditional banks routinely apply 3–5% exchange rate margins on GBP→BDT transfers. Digital-first remittance providers consistently beat these rates by a significant margin — saving families thousands of taka per transfer.
$21B+
Remittances received by Bangladesh annually
13M+
Overseas Bangladeshis across the globe
2.5%
Government cash incentive on official remittances
60M+
bKash mobile wallet users in Bangladesh

Send Money to Bangladesh in 4 Easy Steps

Start Comparing →
1
🌍
Choose Your Corridor
Select where you're sending from and enter the amount in your currency. We'll surface the best routes to Bangladesh instantly — no sign-up needed.
2
📊
Compare All Providers
View side-by-side comparisons of BDT exchange rates, transfer fees, delivery speed, and user ratings for every verified provider on your route.
3
🎯
Pick the Best Deal
Choose the provider that best fits your needs — highest BDT rate, lowest fee, fastest delivery, or best bKash/Nagad mobile wallet support.
4
Transfer with Confidence
Complete your transfer directly with the chosen provider. Your family in Bangladesh receives funds securely, typically within 1–3 business days.

Why Lose Taka on Every Transfer?

The difference between the best and worst provider for a £1,000 transfer to Bangladesh can exceed £40 in exchange rate margin alone — before fees. RemitSelect shows you exactly who offers the best BDT deal, in seconds, completely free.

Compare Bangladesh Rates Free →
✓ Free to use   ✓ No sign-up required   ✓ Instant results

Flexible Payment Methods

Most providers support multiple payment methods for Bangladesh transfers. Your best option depends on your bank, the transfer amount, and how quickly your family needs the funds.

🏦
Most Popular
Bank Transfer
Fund your transfer directly from your current account. No card surcharges and the best rates available. Ideal for transfers above £500 to Bangladesh.
💳
Instant
Debit Card
Funds dispatched immediately — great for urgent transfers. A small surcharge may apply with some providers but offers excellent speed for mid-size amounts.
💰
Secure
Credit Card
Available on select providers. Typically carries higher fees and may be treated as a cash advance. Check the full cost breakdown carefully before confirming.
📱
Instant
Open Banking / Pay by Bank
A secure, modern payment method with no card surcharges and strong fraud protection. Growing in popularity across UK-based remittance providers.
🪙
Secure
Cash Deposit
Walk into an agent location and pay in cash. Available through Western Union, Ria, and ACE Money Transfer with agent networks across major UK and Australian cities.
🌐
Popular
Digital Wallet
Pay via PayPal or Skrill on select platforms. Convenient for those already using digital wallets — useful for splitting or scheduling regular transfers.

Receiving Options in Bangladesh

Bangladesh has one of the world's fastest-growing remittance infrastructure networks, with bank accounts, instant mobile wallets, and cash pickup all widely available.

🏦
Bank Account Deposit
Funds deposited directly into any Bangladeshi bank account in BDT. The most widely used method — works with all major scheduled banks and arrives within 1–2 business days.
Sonali Bank DBBL BRAC Bank Islami Bank City Bank
📱
Mobile Wallet (bKash / Nagad)
Instant delivery to bKash or Nagad wallets — the preferred method for millions of Bangladeshis. Accessible via any mobile phone, no bank account required.
bKash Nagad Rocket (DBBL) Upay
💵
Cash Pickup
Recipients collect BDT cash at thousands of agent locations across Bangladesh — including in rural upazilas. Government-issued NID card required for collection.
Western Union MoneyGram ACE Money Transfer
🏛️
Wage Earner Scheme (WES)
Bangladesh Bank's official remittance channel for overseas workers. Transfers processed via this route qualify for the 2.5% government cash incentive on top of the transferred amount.
Bangladesh Bank All scheduled banks 2.5% incentive
📮
Bangladesh Post Office
Bangladesh Postal services provide remittance delivery to rural and semi-urban areas not served by commercial bank branches — reliable nationwide coverage.
Bangladesh Post Nationwide Rural coverage
🏠
Home Cash Delivery
A select number of providers offer doorstep BDT cash delivery in Dhaka, Chittagong, and Sylhet — ideal for elderly recipients or those with limited mobility.
Dhaka Chittagong Sylhet Select cities

Tips to Save More on Bangladesh Transfers

Sending money to Bangladesh comes with unique opportunities — including a government cash incentive — and pitfalls to avoid. These tips will help you send smarter.

01
Always Use Official Channels — They Actually Pay More
Unlike many countries, Bangladesh rewards senders who use official regulated channels with a 2.5% government cash incentive. Unofficial hundi transfers don't qualify and carry serious legal risk. Using a licensed provider on RemitSelect means your recipient gets the transfer plus the bonus.
02
Compare Before Every Transfer — BDT Spreads Vary Widely
The margin between the best and worst provider for GBP→BDT can be 4–6% on some days. Digital specialists like Wise, Remitly, and ACE Money Transfer routinely beat traditional bank rates by thousands of taka per £1,000 sent. Checking RemitSelect before every transfer takes under a minute.
03
Use bKash or Nagad for Speed and Accessibility
If your recipient has a bKash or Nagad account, many providers can credit their wallet within minutes of your transfer. It eliminates branch visits and is especially valuable for recipients outside major cities. Many providers also charge lower fees for mobile wallet delivery vs bank deposit.
04
Pay by Bank Transfer, Not Debit or Credit Card
Card payments are convenient but add 0.5–2.5% to your total cost on most platforms. Bank transfer is almost always the cheapest funding method — more taka in your family's hands for the same amount sent from your account.
05
Have Your Recipient's Bank Routing Number Ready
For bank deposits in Bangladesh, most providers require a 9-digit Bangladesh Bank routing number (not just the account number). Your recipient can find this on their cheque book, bank statement, or by contacting their branch. Having it ready avoids delays at the checkout stage.

Transfer Limits &
Regulations to Know

Money transfers to Bangladesh are regulated by Bangladesh Bank and the Foreign Exchange Regulation Act. Understanding the key rules helps you plan large transfers and ensures your family qualifies for all available incentives.

  • Bangladesh imposes no annual cap on inward personal remittances. Transfers for family support, property purchase, or investment are fully permitted under Bangladesh Foreign Exchange Regulations.
  • All remittances sent through official banking channels qualify for Bangladesh Bank's 2.5% cash incentive — credited directly to the recipient's account on top of the transferred amount.
  • Transfers above your provider's threshold (typically £5,000–£10,000) require enhanced identity verification — passport, proof of address, and in some cases source-of-funds documentation.
  • From the UK, transfers above £10,000 to a single recipient in one year may attract enhanced scrutiny under HMRC and FCA anti-money laundering obligations on the sender's side.
  • Mobile wallet single transaction limits (bKash/Nagad) are set by Bangladesh Bank. For large remittances, bank account delivery is recommended to avoid wallet top-up restrictions.
📋 Key Limits at a Glance
Bangladesh inward remittance cap No annual limit
Government cash incentive 2.5% on all official remittances
Typical provider per-transfer limit £5,000–£500,000
ID required from £500–£1,000 (varies)
Enhanced due diligence from £10,000+ per transaction
bKash single transaction limit Up to BDT 25,000
bKash monthly incoming limit Up to BDT 200,000
⚠️ Limits vary by provider, sending country, and transfer purpose. This is indicative only — always verify with your chosen provider and a financial/tax advisor for large transfers.

Frequently Asked Questions

Everything you need to know about sending money to Bangladesh.

What is the best way to send money to Bangladesh?

Specialist transfer services like Wise, Remitly, and ACE Money Transfer typically offer 3–6% better BDT rates than high-street banks. Use RemitSelect to compare all available options instantly for your specific amount and sending corridor — and don't forget official channels also earn your recipient a 2.5% government cash incentive.

How long does a money transfer to Bangladesh take?

Bank account deposits typically arrive within 1–3 business days. Mobile wallet deliveries to bKash or Nagad can be near-instant. Cash pickup through Western Union or MoneyGram is usually available within minutes of the sender completing the transfer.

Is there a limit on how much I can send to Bangladesh?

Bangladesh Bank imposes no annual cap on receiving personal remittances. Individual provider limits vary — typically £5,000 to £500,000 per transfer depending on the platform and your identity verification level. Note that mobile wallet delivery has its own lower limits set by Bangladesh Bank.

Do I need to pay tax on money sent to Bangladesh?

Remittances received in Bangladesh for personal purposes are exempt from income tax. The government also pays a 2.5% cash incentive on all official inward remittances. Tax obligations in your sending country (UK, Australia, US etc.) may apply for large or regular transfers — a tax adviser can clarify your specific situation.

What details do I need to send money to Bangladesh?

For bank deposits: the recipient's full name, bank account number, bank name, branch name, and 9-digit Bangladesh Bank routing number. For mobile wallet delivery (bKash/Nagad): just their registered mobile number. For larger amounts, their NID (National Identity Card) number may be required by the receiving bank.

Which banks in Bangladesh accept international transfers?

All major Bangladeshi scheduled banks accept international remittances, including Sonali Bank, Dutch-Bangla Bank (DBBL), BRAC Bank, Islami Bank Bangladesh, City Bank, Eastern Bank Limited (EBL), Mercantile Bank, and Standard Chartered Bangladesh.