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Send money from Canada to Bangladesh(CAD → BDT)
CAD
BDT|Updated recentlyMid-market 89.2656Cheapest today
TapTap Send
Rate 88.7032 · Fee free
You send
C$1,000
Recipient gets
৳88,703
Affiliate link · No extra cost to you
Quick answer: The cheapest way to send money from Canada to Bangladesh in May 2026 is TapTap Send, which delivers 88,703.24 BDT on a 1,000 CAD transfer with a fee of zero.
Last reviewed: by Awais Imran, Reviews Editor
↑
Rates are great right now
100th percentile
Based on 13 days of data (2026-03-13 to 2026-05-20)
Today's best
৳8,870
TapTap Send
13-day avg
1 CAD = 88.04 BDT
Best rate
88.70
2026-05-20 · TapTap Send
Worst rate
87.40
2026-05-16 · TapTap Send
What is the cheapest way to send CAD to BDT?
Sending C$1,000 from Canada to Bangladesh. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
#ProviderRateFeeRecipient gets
Rate 88.7032·Fee Free·0.63% markup
Best rate 7 of 13 days
↑ 1.3% over 7dAvg: 87.69 BDT (+1.2% vs avg)Range: 87.40–88.70
1
TapTap SendBest value
Under 3 minutes (95% of transfers)0.63% markup
Best rate 7 of 13 days
↑ 1.3% over 7dAvg: 87.69 BDT (+1.2% vs avg)Range: 87.40–88.70
88.7032
Free
৳88,703.24
Some links on this page are affiliate links. We may earn a commission at no extra cost to you. This does not affect our rankings, which are based on real transfer data. Editorial policy
Find the best way to send money from Canada to Bangladesh. Our comparison tool shows live rates from 15+ providers — see exactly how much BDT your recipient will receive after all fees.
Money transfers from Canada to Bangladesh are a vital lifeline for families and businesses. With dozens of providers competing for this corridor, rates and fees vary widely. Specialist money transfer companies often beat bank rates by 2–4%, potentially saving you hundreds of CAD per year. Use our comparison to find today's best deal.
Which provider offers the best CAD to BDT rate?
TapTap Send
4.7Exchange rate
88.7032
Fee
Free
Recipient gets
৳88,703.24
Speed
Under 3 minutes (95% of transfers)
Which provider is best for each transfer type?
Different providers excel at different things. Here's who's best for each use case on the Canada to Bangladesh route.
Cheapest transfer
TapTap Send
Delivers the most BDT for your money
Fastest transfer
TapTap Send
Delivers in Under 3 minutes (95% of transfers)
Bank transfer
TapTap Send
Best rate for bank deposit to Bangladesh
How to send money to Bangladesh
Sending money to Bangladesh is straightforward with the right provider. Here's how it works in 3 simple steps.
Step 1
Enter your transfer details
Choose how much CAD you want to send, compare providers above, and pick the one offering the best BDT amount for your transfer to Bangladesh.
Step 2
Add your recipient
Enter your recipient's details in Bangladesh — you'll need their bank account number. Most providers verify details instantly.
Step 3
Send & track your transfer
Pay using bank transfer, debit card, or credit card. Track your money in real-time until it arrives — bank deposit typically takes 1–2 business days.
What you need to send money to Bangladesh
Make sure you have these details from your recipient before starting your transfer.
Full name
Recipient's full name as it appears on their bank account
Bank account number
13-digit account number for most Bangladeshi banks
Bank name & branch
Full bank name and specific branch (e.g. BRAC Bank, Gulshan Branch)
Routing number
9-digit Bangladesh Bank routing number identifying the specific branch
bKash number
Optional11-digit mobile number for bKash wallet transfers
Example: 01712345678
Note: Bangladesh does not widely use IBAN. You need the account number plus the 9-digit routing number issued by Bangladesh Bank that identifies the specific branch. For mobile wallet transfers, only the recipient's bKash-registered mobile number is needed.
Transfer examples: CAD to BDT
See how much your recipient would get for common transfer amounts.
Send C$500
ProviderFeeReceives
TapTap Send
88.70 · Under 3 minutes (95% of transfers)
ProviderFeeRateReceivesSpeed
TapTap SendFree88.70৳44,352Under 3 minutes (95% of transfers)
Send C$1,000
ProviderFeeReceives
TapTap Send
88.70 · Under 3 minutes (95% of transfers)
ProviderFeeRateReceivesSpeed
TapTap SendFree88.70৳88,703Under 3 minutes (95% of transfers)
Send C$5,000
ProviderFeeReceives
TapTap Send
88.70 · Under 3 minutes (95% of transfers)
ProviderFeeRateReceivesSpeed
TapTap SendFree88.70৳443,516Under 3 minutes (95% of transfers)
How much does it cost to send money from Canada to Bangladesh?
Transfer fees from Canada to Bangladesh vary by provider. Specialist services charge C$0–10 per transfer, while banks charge C$25–50 plus a 2–5% exchange rate markup. The exchange rate markup is usually the bigger cost — always compare the total BDT your recipient receives, not just the advertised fee.
Understanding the total cost
The true cost of a money transfer has two components:
Transfer fee
The upfront charge — typically C$0–C$10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (89.2656).
Ways to send money to Bangladesh
Choose how you want to pay for your transfer. Each payment method has different costs and speeds.
bKash is by far the most popular way to receive remittances in Bangladesh — faster than bank deposit and accessible even without a traditional bank account. Nagad is a strong alternative with growing coverage.
Debit Card
Medium costSpeed: Minutes to hours
Fast and convenient — small card processing fee applies
Bank Transfer
Low costSpeed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
Google Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
Apple Pay
Medium costSpeed: Minutes to hours
Convenient mobile payment — linked card fees apply
How can my recipient receive money in Bangladesh?
Your recipient in Bangladesh can receive money through these delivery methods. The best option depends on their location and preferences.
Bank Deposit
1–2 business days
Transfer to any Bangladeshi bank account. Bangladesh Bank's BEFTN system processes domestic transfers in batches.
WiseRemitlyWorldRemitWestern Union+1 more
bKash Mobile Wallet
Minutes
Instant transfer to bKash — Bangladesh's leading mobile financial service with 70M+ active accounts. The most popular way to receive money in Bangladesh.
RemitlyWorldRemitWestern Union
Nagad Mobile Wallet
Minutes
Transfer to Nagad, Bangladesh's fastest-growing mobile financial service operated by the postal department.
RemitlyWorldRemit
Cash Pickup
Minutes
Collect cash from agent locations, bank branches, and mobile money cash-out points across Bangladesh.
Western UnionMoneyGramRia Money Transfer
What are the transfer limits and regulations for Bangladesh?
Important rules and requirements to know before sending money to Bangladesh.
Regulatory body
Bangladesh Bank (BB)
Inbound transfer limits
No cap on inbound remittances — Bangladesh offers a 2.5% government incentive on incoming remittances through formal banking channels
Documentation you may need
- Government-issued photo ID (passport, driver's license, or state ID)
- Social Security Number or equivalent tax ID
- Recipient's National ID (NID) number may be required for cash pickups
Important things to know
- The Bangladesh government pays a 2.5% cash incentive on remittances received through official banking channels — your recipient gets extra BDT on top of the transferred amount.
- Remittances to Bangladesh are tax-free for the recipient.
- bKash transaction limit: BDT 200,000 per month for standard accounts.
- Bank deposit transfers may take longer during weekends and public holidays due to batch processing.
How long does it take to send money to Bangladesh?
Most transfers from Canada to Bangladesh arrive within 1–2 business days with specialist providers. Bank wires take 3–5 business days. Some providers offer instant or same-day delivery to Bangladesh for a small premium.
FastExpress delivery
- TapTap SendUnder 3 minutes (95% of transfers)
Popular banks in Bangladesh
These are the most commonly used banks for receiving international transfers in Bangladesh.
BankSWIFT/BICNotes
BRAC Bank
BABORINBXXX
Dutch-Bangla Bank (DBBL)
DBBLBDDHXXX
Islami Bank Bangladesh
IBBLBDDHXXX
Sonali Bank
BSONBDDHXXX
Eastern Bank (EBL)
EABORINBXXX
Agrani Bank
AGBKBDDHXXX
CAD to BDT Exchange Rate History
Daily best exchange rates from top providers over the last 13 days. Rates shown are for sending $100.
| Date | __mid Market__ | TapTap Send | Bmo | Xoom (PayPal) | Remitly |
|---|---|---|---|---|---|
| Trend | |||||
| May 20 | 88.7000✓ | 88.7000✓ | — | — | — |
| May 19 | 87.8000✓ | 87.8000✓ | — | — | — |
| May 18 | 87.4000✓ | 87.4000✓ | — | — | — |
| May 17 | 87.4000✓ | 87.4000✓ | — | — | — |
| May 16 | 87.4000✓ | 87.4000✓ | — | — | — |
| May 15 | 87.5000✓ | 87.5000✓ | — | — | — |
| May 14 | 87.6000✓ | 87.6000✓ | — | — | — |
| Mar 18 | 89.5719✓ | — | 86.3141 | 86.6719 | 89.1435 |
| Mar 17 | 89.6504✓ | — | 86.3537 | 86.7305 | 89.1937 |
| Mar 16 | 89.7356✓ | — | 86.4358 | 86.6920 | 89.3324 |
| Mar 15 | 89.4185✓ | — | 86.1304 | 86.5142 | 88.9900 |
| Mar 14 | 89.4185✓ | — | 86.1304 | 86.5142 | 88.9900 |
| Mar 13 | 89.4185✓ | — | 86.1304 | 86.5142 | 88.9900 |
Common questions about sending money from Canada to Bangladesh
What is the cheapest way to send money from Canada to Bangladesh?
The cheapest option changes daily based on exchange rates. Use our comparison table above to see today's rates from every provider. Specialist services like Wise, Remitly, and OFX consistently offer better value than banks.
How long does it take to send money from Canada to Bangladesh?
Most specialist providers deliver to Bangladesh within 1–2 business days. Some offer instant delivery for certain payment methods. Bank wires typically take 3–5 business days.
How much does it cost to send C$1,000 from Canada to Bangladesh?
Costs depend on the provider's fee and exchange rate markup. Compare all providers in our table above to see exactly how much BDT your recipient would receive from a C$1,000 transfer today.
Can I send money from Canada to Bangladesh online?
Yes, all the providers we compare support online transfers from Canada to Bangladesh. Most also offer mobile apps. You can typically pay by bank transfer, debit card, or credit card.
Is it better to use a bank or a money transfer service to send money to Bangladesh?
Money transfer services are almost always cheaper. Banks typically charge C$25–50 per wire plus a 2–5% exchange rate markup. Specialist providers charge C$0–10 with markups under 1%, saving you significantly on every transfer to Bangladesh.
Everything about sending money to Bangladesh
Recipient requirements, delivery methods, regulations, popular banks, and more.
Other routes to Bangladesh
Popular corridors
Top provider reviews
Useful guides
Compare all providers for Canada to Bangladesh
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