Send money to Bangladesh

Wise and Remitly consistently offer the best total value on the GBP-to-BDT and USD-to-BDT corridors. The Bangladesh government's 2.5% cash incentive on official channel remittances also means the effective amount your recipient gets is higher than the stated exchange rate. Always compare total BDT received including this incentive.

Remitly, WorldRemit, and several other providers support direct bKash transfers. You need the recipient's bKash-registered phone number (01X-XXXXXXXX). Delivery is typically within minutes after the sender completes payment. The recipient receives an SMS and can immediately use the funds or cash out at any bKash agent.

You need the recipient's account number and the bank's routing number (9 digits) issued by Bangladesh Bank. Some providers also ask for the branch name and SWIFT code. Bangladesh does not use IBAN — the account number plus routing number identifies the account uniquely.

The Government of Bangladesh provides a 2.5% cash incentive on all remittances received through official banking and mobile wallet channels. This means if you send $1,000, your recipient effectively receives BDT equivalent to $1,025. The incentive is paid directly by the bank or wallet provider. It does not apply to transfers through hawala or unofficial channels.

bKash and Nagad wallet deliveries typically arrive within minutes. Bank deposits to Dutch-Bangla, Brac Bank, or Islami Bank usually settle within 1–2 business days. Express options from Remitly and Western Union are available for same-day delivery for a small premium.

Bangladesh Bank has no cap on inbound personal remittances. Providers impose their own limits — typically $10,000–$50,000 per transaction with full KYC. For large amounts over $10,000, the sender's country may require reporting (e.g. CTR in the US). Your recipient does not pay tax on money received from abroad.

bKash (owned by Brac Bank and BRAC) is the market leader with 65M+ users and the widest merchant acceptance. Nagad is government-backed via Bangladesh Post and growing quickly with competitive cash-out fees. Dutch-Bangla Rocket was the first mobile banking service in Bangladesh and has a loyal base, especially in rural areas. All three accept international remittances through official channels.