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🇧🇩 Send money to Bangladesh

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In short

Cheapest transfer to Bangladesh we recorded: InstaReM on Germany → Bangladesh, at 0.42% total cost for €100 sent — BDT 13,917 received.

Rates recorded on November 4, 2026, fees and exchange-rate margin included. The cost depends first on the country the money leaves from:

  • Germany: InstaReM, 0.42%
  • United Kingdom: InstaReM, 0.44%

What receiving money in Bangladesh costs

7.65 % on average, across all sending countries

Total cost: the advertised fee plus the margin taken on the exchange rate. This average covers the whole country — the real cost depends on where you send from, and each corridor below has its own.

Source: Banque mondiale — indicateurs de développement, 2023 data. Check on the source's own site

Mobile wallets used in Bangladesh

On this market, money can be delivered straight to bKash, Nagad — no bank account needed.

Banking access

43% of adults have an account, at a bank or with mobile money — World Bank, Findex 2025 · mobile money: bKash, Nagad (widespread)

Local currency: BDT.

How the money arrives in Bangladesh

  • Bank depositFunds are paid straight into a bank account in the recipient's name.
  • Mobile walletThe money lands in an account tied to a phone number, usable without a bank account.
  • Cash pickupThe recipient collects the funds at a branch, with photo ID and the transfer code.