Record $35.34B Remitted in FY26
Sending toBangladesh · BDT
Send Money to Bangladesh at the Best Exchange Rates
Send money to Bangladesh for less. Compare verified money transfer providers for USD, GBP, CAD, AUD, EUR and NZD to BDT (the Bangladeshi taka) side by side — exchange rate, fee and delivery speed together — so you can see exactly what your family in Bangladesh will receive before you send.
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Why compare
Money Transfer to Bangladesh: Record Remittance Growth
Bangladeshi expatriates sent a record $35.34 billion home in the 2025–26 fiscal year, up 17.6% from $30.04 billion the year before, according to Bangladesh Bank data. Inflows regularly spike around Eid, when non-resident Bangladeshis send extra for family celebrations. With BDT, the Bangladeshi taka, being a lower-volume currency for most global providers, exchange rate margins can vary more widely between them than on bigger currency pairs, which makes comparing worth doing every time.
A small rate difference adds up
A 1% gap on a $2,000 transfer is $20 gone before your family sees a taka. On BDT specifically, that gap is often wider than on major currency pairs, so it pays to check.
Banks rarely offer the best BDT exchange rate
Banks often add a wider margin to the mid-market rate than specialist money transfer providers and exchange houses, so it pays to compare before you send from your bank.
Don't lose the government's 2.5% incentive
Money sent through licensed banking channels qualifies for the government's 2.5% cash incentive on top of the transfer. Informal channels do not qualify, and are illegal.
Sending corridors
Money Transfer to Bangladesh: Choose Your Sending Country
Select the corridor that matches where you are sending from to compare the best money transfer rates to Bangladesh for that specific route.
USA to Bangladesh money transfer comparison
USD → BDT
UK to Bangladesh money transfer comparison
GBP → BDT
Canada to Bangladesh money transfer comparison
CAD → BDT
Australia to Bangladesh money transfer comparison
AUD → BDT
Europe to Bangladesh money transfer comparison
EUR → BDT
New Zealand to Bangladesh money transfer comparison
NZD → BDT
Quick compare
Popular Amounts to Send to Bangladesh
Jump straight to a comparison for a common transfer amount, in whichever currency you are sending from.
Send USD to Bangladesh
USD → BDTSend GBP to Bangladesh
GBP → BDTSend CAD to Bangladesh
CAD → BDTSend AUD to Bangladesh
AUD → BDTSend EUR to Bangladesh
EUR → BDTSend NZD to Bangladesh
NZD → BDT
USA to Bangladesh
How to Send Money to Bangladesh from the USA
The USA is one of the largest sources of remittances to Bangladesh, and USD to BDT is the corridor most people compare first. To send money from the USA to Bangladesh, compare providers for your amount, pay from your US bank account or card, and choose a bank, mobile wallet or cash payout for your recipient.
- Best value
Pay from your US bank account
Funding a transfer from a US bank account usually gives the best exchange rate and the lowest fees, and it is exempt from the 1% US remittance tax.
- Since 2026
Know the 1% remittance tax
Since 1 January 2026, transfers funded with cash, a money order or a cashier's check carry a 1% US federal tax. Bank account and US debit or credit card funding is exempt.
- Compare
Check the BDT amount received
US providers must show the exchange rate, fees and the amount your recipient receives before you pay. Compare that final BDT figure, not just the headline rate.
Money on the table
Don't Miss the 2.5% Cash Incentive
The Bangladesh government adds a 2.5% cash incentive to money sent home through licensed banking channels, on top of whatever rate and fee your provider charges. It is designed to keep remittances inside the formal system and away from illegal hundi networks.
- 1
Use a licensed provider
The incentive only applies to transfers sent through a bank, exchange house or licensed money transfer provider, never through hundi or informal agents.
- 2
Under BDT 500,000: no paperwork
For transfers up to BDT 500,000, the 2.5% is added automatically with no extra documents needed from the sender or recipient.
- 3
Above BDT 500,000: ID required
Larger transfers need the sender's passport copy and proof of overseas employment before the incentive is credited.
- 4
Paid with the transfer
The 2.5% is added in BDT, either as extra cash on a cash pickup or credited straight into the recipient's bank account.
Simple process
How to Send Money to Bangladesh in 4 Steps
- 1
Choose your corridor
Select where you are sending from and enter the amount you want to transfer to Bangladesh.
- 2
Compare providers
See exchange rates, transfer fees, delivery speed and user ratings for each verified provider, side by side.
- 3
Pick the best deal
Choose the provider that fits your priority: the strongest BDT rate, the lowest fee, or bKash, Nagad or Rocket payout support.
- 4
Send with confidence
Complete the transfer directly with your chosen provider. Delivery ranges from minutes for mobile wallets to a couple of business days for bank deposits.
How to pay
Ways to Pay When You Send Money to Bangladesh
Most providers accept several ways to pay. The right choice depends on your bank, the size of your transfer, and how quickly you need the money to arrive.
- Most popular
Bank transfer
Send directly from your bank account. Usually the best rates and no card surcharges, and the most reliable option for larger transfers.
- Instant
Debit card
Fast and convenient, with funds sent immediately. Some providers add a small surcharge, but there is no credit risk.
- Secure
Credit card
Accepted by most providers, though it often carries higher fees and may be treated as a cash advance by your card issuer.
- Instant
Open banking / pay by bank
A newer method offered by select providers: fast setup, no card fees, and strong fraud protection built in.
- Secure
Cash deposit
Visit an agent location and deposit cash. Useful if you do not have a bank account, but in the USA cash-funded transfers carry a 1% federal tax.
- Popular
Digital wallet
Pay via PayPal, Skrill or Neteller on select platforms. Convenient if you already use a digital wallet day to day.
Bank transfer vs mobile money
How Your Family Can Receive Money in Bangladesh
Bangladesh has one of the world's most developed mobile financial service (MFS) markets, so your recipient often has more receiving options than in many other countries. Which options you see depends on the provider you compare.
Bank account deposit
Funds are credited via BEFTN or RTGS using the recipient's account number, bank name, branch and routing number. Bangladesh does not use IBAN.
bKash
Bangladesh's largest mobile financial service. Payout goes straight to the recipient's registered bKash number, often within minutes.
Nagad
A fast-growing MFS run by Bangladesh Post Office, supported by a growing number of international money transfer providers.
Rocket
Dutch-Bangla Bank's mobile banking service, useful for recipients who already bank with DBBL alongside their mobile wallet.
Cash pickup
The recipient collects cash from a partner bank branch or agent location with their National ID card and a reference number.
Home delivery
Cash delivered to the recipient's door in Dhaka and other major cities, available through certain local partner networks.
Expert advice
Best Rate to Send Money to Bangladesh: Tips to Save More
Small choices in how, when and how much you send can add up to real savings over a year. Here is what experienced senders know.
Always compare, especially on BDT
Because the taka trades in lower volume than major currencies, exchange rate margins can vary more from one provider to the next. Checking Remit Select before each transfer takes under a minute and can save real money.
Confirm the 2.5% incentive is included
Only transfers through licensed banking channels qualify for the government's 2.5% cash incentive. If a deal seems better than everyone else's, check it is a real bank or exchange house, not an unlicensed agent.
Match the payout method to your recipient
If your family already uses bKash or Nagad day to day, a mobile wallet payout can be faster and easier to use than a bank deposit. If they need a larger amount or plan to save it, a bank account is usually better.
Send a few days before Eid
Remittances to Bangladesh spike around Eid-ul-Fitr and Eid-ul-Adha, and payouts can be slower on public holidays. Sending a few days early gives your family time to receive the money before the festival.
Double-check the account number and routing details
Bangladesh does not use IBAN, so bank transfers rely on the exact account number, bank name, branch and routing number. A single wrong digit is the most common reason a transfer is delayed or returned.
Regulations
Limits, Taxes and Rules for Sending Money to Bangladesh
Money transfers to Bangladesh are regulated by Bangladesh Bank, the country's central bank. Understanding the key rules helps you plan a transfer smoothly and avoid unnecessary delays.
- Use licensed banks, exchange houses or regulated digital providers. Informal hundi channels are illegal in Bangladesh, do not qualify for the 2.5% incentive, and give you no protection if something goes wrong.
- Bangladesh Bank has directed banks to credit inward remittances the same day where possible, so licensed providers should not sit on your transfer.
- Limits are set by your provider, the payout method and the rules in your sending country. Bank deposits usually allow larger amounts than mobile wallet or cash payouts.
- Regulated providers verify your identity and may ask for source-of-funds documents on larger transfers under anti-money-laundering rules.
- USA: since 1 January 2026, a 1% federal tax applies to remittances funded with cash, a money order or a cashier's check. Bank account and US debit or credit card funding is exempt.
- Tax treatment of money received can depend on your situation and where you live. Speak to a qualified tax advisor for large or regular transfers.
Common questions
Send Money to Bangladesh: Frequently Asked Questions
Everything you need to know about sending money to Bangladesh.
The best way depends on where you are sending from, how much you send and how your family wants to receive it. Specialist money transfer providers usually beat banks on exchange rate and fees, and on BDT that gap can be wider than on major currencies. Use Remit Select to compare providers for your corridor and amount, then pick the one that gives your recipient the most taka.
Compare USD to BDT providers on Remit Select, choose one, register and verify your ID, enter the amount and your recipient's bank, bKash, Nagad or Rocket details, then pay from your US bank account or card. Paying from a bank account usually gives the best rate and avoids the US 1% remittance tax on cash-funded transfers.
Choose a licensed provider, create an account and verify your identity, enter your recipient's name and account or mobile wallet details, pick how to pay and confirm. Most providers show the exchange rate, fee and the exact BDT amount before you pay.
The best rate is the one closest to the mid-market exchange rate with the lowest fees. Because the taka trades in lower volume than major currencies, margins can vary more between providers, so compare the final BDT amount received rather than just the headline rate. Remit Select shows providers side by side for your corridor.
BDT is the currency code for the Bangladeshi taka, the official currency of Bangladesh. One taka is divided into 100 poisha, and rates are usually quoted as your sending currency to BDT, for example USD to BDT.
Yes, with select providers. Mobile financial service payouts need the recipient's registered mobile number for that service. Not every provider supports every wallet, so check the payout options shown when you compare.
Mobile wallet payouts such as bKash or Nagad can arrive within minutes with some providers. Bank deposits are typically same-day to a couple of business days, and can be slower around weekends or public holidays such as Eid.
For a bank deposit you need the recipient's full name, bank name, branch and account number, plus the bank's routing number. Bangladesh does not use IBAN. For a mobile wallet you need the recipient's registered mobile number. For cash pickup they collect with their National ID card and a reference number.
Since 1 January 2026, the USA charges a 1% federal tax on remittances funded with cash, a money order or a cashier's check. Transfers funded from a bank account or a US debit or credit card are exempt, so paying online avoids it.
This page covers sending money to Bangladesh. Sending money out of Bangladesh is regulated by Bangladesh Bank and generally goes through authorised banks or exchange houses for permitted purposes such as travel, education or medical treatment, subject to current foreign exchange rules.