Among other money transfer services, Wise and Western Union are two of the most reliable, fast, and economical providers for making international wire transfers to Bangladesh. Other excellent options are SBI (which offers fee-free transfers from certain countries) and Remitly (which offers secure wire transfers to banks).
The Best Money Transfer Services for Bangladesh
Wise: Wise offers the lowest-cost service with the mid-market exchange rate and a very quick turnaround time of 1 business day or less to reach any of Bangladesh’s banks. Wise also accepts many currencies, including the INR, GBP, USD, and more.
Western Union: Western Union also enables customers to send money instantly online for either cash pickup or direct deposits into their respective bank accounts, using a large network of agents throughout Bangladesh. They have many transfer options available on their websites.
SBI (State Bank of India) Remittance: SBI offers free and rapid (typically within 24 hours, during regular banking hours) transfers to their customers’ accounts in Bangladesh from several countries throughout the USA, the UK, Canada, and so on.
Remitly and Xoom: Both Remitly and Xoom have user-friendly apps that allow customers to quickly send funds to major banks in Bangladesh (e.g., BRAC, Islami Bank, etc.) or to collection points for cash.
Discover More Stories Worth Your Time
Check How Mangoes Reach Abroad?
Explore airfreight costs and export logistics behind Bangladesh’s mango shipments.
Find Which Kids Channels Shine?
Discover fun YouTube channels packed with creative summer activities for children.
Check Will Visa Rules Change?
Discover what West Bengal’s new government could mean for Indian medical visa applicants.
Explore Why Hajj Safety Matters?
Discover the latest health warning after Bangladeshi pilgrim deaths during Hajj 2026.
Find How To Get EV Loan?
Explore the step-by-step process for applying to Bangladesh Bank’s Tk 80 lakh green loan.
Key Comparison
| Provider | Fees | Speed | Best For |
| Wise | Low (0.5-1%) | Hours to 1 day | Bank transfers, low cost wise |
| Western Union | Variable (~$5+) | Minutes to days | Cash pickup westernunion |
| SBI | Free from select countries | 24 hours | NRB accounts bd |
| BookMyForex/Unimoni | Low from India | 1-2 days | INR senders |
Obtaining Bangladeshi dollars is done through means approved by the Bangladesh Bank. You can get information regarding the banks that your recipient uses (i.e., Dutch-Bangla, City Bank), the limits of the transaction through the bank ($10,000 is often the maximum), and ways to make payments to Bangladeshi accounts through official apps and websites to avoid fraud through another party. For Indian citizens, services like BookMyForex can be found to be exceptionally successful, as they are located close to Bangladesh.
