Can I send money from France to Bangladesh without a bank account?
Yes, you can but you must present some form of identification so that it is clarified who is sending the money and who is receiving it on the other end.
Highest remittance rate for converting 1 EUR to BDT = 101.64
Get the best rates when sending money from France to Bangladesh using some of the cheapest services in the market. Using our platform, you can quickly find the best way to send money from France to Bangladesh and avoid the risks that come with using any transfer agent to send your money. Take advantage of our rich database and see your remittance get complete without any problems.
Many people are stuck between options when it comes to sending money from France to Bangladesh because of the many available and confusing options. Thanks to Exchange Rate IQ however, you can quickly select a suitable money transfer service and learn how services like XE Money can make life easier for you.
For a very long time, living in France has been the dream of many Bangalees. That is because France is known to be a land of opportunities not only for Bangladeshis people but for many people from around the world. That explains why they are in France in large numbers and the high demand for money transfer services back home. The conventional ways of sending money from France to Bangladesh made the whole process inconvenient because of the poor mode of communication but with technology, all this has changed.
There are 3 main ways that you can use to complete your money transfer to Bangladesh and each can come in handy depending on the reason for the transfer. They include;
Banks transfer: We all know that banks are some of the longest existing financial institutions that have dominated the industry until recently. Transferring money from France to Bangladesh through bank transfer is a straightforward process if you get the right bank to assist you with the process. When sending money through bank transfer, take a keen interest in the EUR and BDT exchange rate and make sure to do a comparison from a number of sources to find out if you are getting a fair rate. It is also good to know that your bank transfer to Bangladesh can last anything between one to three days.
Mobile money transfer: If you are looking for a cheap way to send money from France to Bangladesh then you will find money apps to be more suitable. Thanks to developers, you can today send money from France to Bangladesh cheaply and within a very short time. The only problem usually is that finding the right online money transfer services is never easy especially if you are a lazy person and it is the main reason why we are here. Using services such as XE Money transfers, you can send money to Bangladesh for as cheap as free. Using our calculators, you can quickly compare some of the top online money transfer services that are trusted to remit millions of dollars to Bangladesh each year. From consumer reviews, the top-rated money apps to send money to Bangladesh include; WorldRemit,Xoom, Remitly, TransferWise, Azimo, XE Money, and Ria.
Cash pick-up services: It is true that you can send money to any part of the world and the receiver will get it in cash. That is because cash pick-up services are also one of the oldest ways of sending money abroad and have greatly benefited from the technological revolution taking place in the industry. For example, if you are looking for the fastest way to send money from France to Bangladesh, Western Union can swiftly offer you the service and whoever is picking the cash will not have to wait more than 30 minutes. Other than Western Union, MoneyGram and Travelex are other options that you can consider for your transfer.
In order to make sure that you are making the right choice of a transfer agent, you will need to consider the following;
Exchange rates: Exchange rates are never constant and that is why you need to make sure that you do some comparison before selecting a transfer agent. It is also good to know that some transfer agents are not quick to update their exchange rates and users only come to learn of the affected changes after using the service. By comparing, you will know the average range and you will avoid any inconvenience.
How much the transfer cost: Spending a lot of money to send money doesn't make sense but in situations where it is necessary, it is always good to spend on good service. Don’t forget that you can send money to Bangladesh for free but you will have to deal with the consequences of the cheap price which is slow delivery. Compared to sending money with Western Union which only takes a few minutes, it is safe to say that the fastest service will come at an extra cost. While considering the cost of the transfer, don’t forget to check the exchange rates as well.
How long it will take: It's always good to know the exact time when your money will reach Bangladesh. The good thing is, modern money transfer methods offer tracking services with each transfer. However, this does not mean that you can use just any service because you need to consider when the money is being expected on the other end.
The reason for transfer: There are so many reasons why someone can want to send money to Bangladesh from France. Apart from immigrants sending money back home, there are also companies that are in France but have outsourced services in Bangladesh online. If you are sending money directly to someone for a service or upkeep, money apps are the best way to go followed by cash delivery services. If you intend to buy property in Bangladesh while in France, a bank transfer will be the best method to go with.