Send money from UK to Bangladesh

Highest remittance rate for converting 1 GBP to EUR = 1.08

Best way to send money from UK to Bangladesh

Because sending money from the UK to Bangladesh can be a challenge to some people, we make it easier for senders to make the right decision. From analyzing and comparing the available services, we go further to provide you with vital intel like how long the transfer will take, cost, and the exchange rates. Pick the best way to send money from the United Kingdom to Bangladesh without guessing with our help

Many people are stuck between options when it comes to sending money from United Kingdom 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.

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Country Guide - Bangladesh

1.09

Mid Market Rate

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1.09

Mid Market Rate

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Currencies:
GBP-BDT GBP-USD GBP-EUR
Sort By:
BEST VALUE FASTEST
Pay-In
Pay-Out
You Pay (Includes Fee € 3) £ 502.7629
Receiving Amount
€ 542.9
Realized Exchange Rate
1.08
currencyfair GBP to EUR Exchange Rate
1.0858
Best Value

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Transfer Time : 1-2 Days
Promoted
Currencyfair is a one of the safest & leading money transfer service provider for sending money from United Kingdom to Bangladesh for sending amount 500. Today’s Currencyfair exchange rate for sending money from GBP to EUR is 1.0858 with a € 3 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 1.08. The pay in options available are Bank, also you can receive money using Bank, at multiple Currencyfair partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Currencyfair click here
Pay-In
Pay-Out
You Pay (Includes Fee £ 2.49) £ 500
Receiving Amount
€ 542.7834
Realized Exchange Rate
1.08
transferwise GBP to EUR Exchange Rate
1.091
Best Value

SEND NOW

Transfer Time : 3-5 Days
Transferwise is a one of the safest & leading money transfer service provider for sending money from United Kingdom to Bangladesh for sending amount 500. Today’s Transferwise exchange rate for sending money from GBP to EUR is 1.091 with a £ 2.49 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 1.08. The pay in options available are Bank, Creditcard, Debitcard, also you can receive money using Bank, at multiple Transferwise partner locations. The transfer time usually range between 3-5 Days. For more detailed review of Transferwise click here
Pay-In
Pay-Out
You Pay (Includes Fee £ 12) £ 512
Receiving Amount
€ 539.55
Realized Exchange Rate
1.05
azimo GBP to EUR Exchange Rate
1.0791
2.78% vs Best Value

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Transfer Time : Same Day
Azimo is a one of the safest & leading money transfer service provider for sending money from United Kingdom to Bangladesh for sending amount 500. Today’s Azimo exchange rate for sending money from GBP to EUR is 1.0791 with a £ 12 fee. Based on the Exchange Rate IQ calculations it offers 2.78% less than the best value for your money transfer. The realized exchange rate after considering the fees is 1.05. The pay in options available are Bank, Creditcard, Debitcard, also you can receive money using Bank, at multiple Azimo partner locations. The transfer time usually range between Same Day. For more detailed review of Azimo click here

More Available Options

You can check rates of some more providers that may support your country
With Xendpay you get the best deal and make a big difference with every transfer
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
There are more than 200 countries you can send to using MoneyGram. Fees vary depending on where you are sending, how much, and how you are paying
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.
Money2anywhere is a product of UAE Exchange LLC Ltd which has its presence in more than 30 countries with over 150 correspondent banking relationships.
Post Office aspires to be at the very heart of customers choice by becoming the most trusted provider of essential services to every person in the land.

GBP to EUR - Best Money Transfer Service Review Summary

  • Which is the best option available to send money from United Kingdom to Bangladesh after comparison?
  • With our real-time comparison on sending money from United Kingdom to Bangladesh ,
      we have found Currencyfair, Transferwise remittance services who are providing competitive exchange rates.
  • Top 3 companies are - ( Currencyfair, 1.08 ) ( Transferwise, 1.08 ) ( Azimo, 1.05 ) .
  • To remit money in the bank account of Bangladesh, best companies is ( Currencyfair, 1.08 ).
  • Current money transfer offeres/promotions are available with Currencyfair, Azimo money transfer services.
  • For quick money transfer from United Kingdom to Bangladesh with agent service is Azimo with exchange rate 1.05.
  • Available pay in when sending money from United Kingdom to Bangladesh Bank, Creditcard, Debitcard.
  • Available pay out when sending money from United Kingdom to Bangladesh Bank.
  • Other options to transfer money from United Kingdom to Bangladesh are Xendpay, Travelex, Moneygram, Westernunion, Money2anywhere, Postoffice .
  • The comparison result was last updated on Sep 20, 2020.
  • For the latest comparison result of United Kingdom to Bangladesh, Please visit ExchangeRate IQ regularly.

About the United Kingdom and Bangladesh

The GBP to BDT exchange corridor is one of the most engaged. This can be explained by the high number of immigrants who want to send money back home. Nevertheless, there are so many other players that contribute to the millions of Pounds that cross the border to Bangladesh like outsourcing companies working with freelancers. There are also investors and other people who fancy owning property or businesses in Bangladesh and need to send large amounts of money. Whichever the reason, you can always send money from the UK to Bangladesh cheaply and within a very short time.

How to send money from the UK to Bangladesh with best rates

Money transfer from the UK to Bangladesh is not something new at all and today, we get to enjoy some of the transfer services that evolved from processes that were not very efficient. There are three main ways which you will probably use to send money from the UK to Bangladesh and they are;

Banks: We all expected banks to be on the list since they are the giants in the money transfer business. Sending money to Bangladesh through a bank is today another experience and the best part is, you don’t have to go and queue in the banking hall. All you need is a smartphone all thanks to mobile banking. You can now send money from your bank account in the United Kingdom to Bangladesh within a few browses of your phone. However, you will want to make sure that you get an account with a bank that can facilitate the process.

Online transfers: There is no cheap way of sending money from the United Kingdom to Bangladesh other than online. To make it clear, you can send money to Bangladesh for free if the cheapest means is what you want. Money apps also allow you to make instant money transfers but it is good to be clear that these services have their ups and downs. For example, online money transfer services are the fastest way to send money from the UK to Bangladesh but the aspect of fast transactions usually comes at a relatively high price. According to users, some of the most used money apps for sending money from the UK to Bangladesh include; WorldRemit, TransferWise, Azimo, Remitly, Xoom, XE Money, and Ria.

Cash delivery and pick up services; Another ancient money transfer method that has today adapted to the new environment is the cash delivery services. When sending money to Bangladesh using this method, you get to enjoy fast services but you should know that they come at a cost. With services such as Western Union, transferring money to Bangladesh can be less complicated and the recipient will not have to wait more than 30 minutes before they hold the money in their hands. Another benefit of these services is that they are today available online so that you don’t have to walk into their premises in order to initiate a transfer. Apart from Western Union, other cash delivery services that you can use to send your money to Bangladesh include; MoneyGram and Travelex.

Things to consider when sending money from the United Kingdom to Bangladesh

If you have to send money to Bangladesh successfully, you have to ensure that you do it right, especially if you want to get the best rate to send money from the UK to Bangladesh. To achieve this you should consider;

Cost of transfer and exchange rate: Make sure that you can afford the service that you wish to use if you don’t want to be disappointed. There is no need of rushing into service because they offer the best exchange rates only to find out that the cost of service is nothing like you expected. Through our platform, we avail of all this information to help you make a sound transfer decision that will not eat into your budget.

Service security; this should go beyond losing money because you will hardly lose money if you send it through a legit agent and the worst that can happen is your transaction experiencing delays. With good security, you should be able to track your money and know the status so that you can take the necessary steps on time in the case of a delay.

The receiver; Make sure that you pick an option that will make it easy for the receiver to get the money. However much that there are so many options to go with when it comes to international remittance does not mean that you can find all the transfer companies in all countries in the world. Some that are in the UK are not in Bangladesh and if you make the mistake of selecting a service that is not in Bangladesh then you will end up spending much more than even the most expensive way of sending money from the UK to Bangladesh.

FAQ's

How long does it take for money to Reach Bangladesh from the UK?

It depends on the transfer agent that you choose to work with. As stated, the fastest option comes at an extra cost and slower alternatives like XE Money Transfers cost nothing but can take as long as 5 days to clear.

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What is the cost of sending money from the UK to Bangladesh

The cost is determined by many things including the exchange rates which are never constant. It is therefore not possible to say that there is a specific cost for sending money to Bangladesh. Besides, different services offer different rates and some money apps let you transfer for free

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Can I send money to Bangladesh without a bank account?

Yes, you can but just make sure that you have all your legal documents intact. Any money transfer service needs this including online transfer options.

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Historical Mid Market Exchange Rate From Pound (GBP) to Euro Member Countries (EUR) (Weekly)

Current Exchange Rate(Mid Market) :- 1.09 EUR/GBP

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion GBP To EUR

Send Pound To BANGLADESH Receive Euro Member Countries
1 GBP TO EUR 1.09
50 GBP TO EUR 54.5
100 GBP TO EUR 109
250 GBP TO EUR 272.5
500 GBP TO EUR 545
1000 GBP TO EUR 1090
5000 GBP TO EUR 5450
10000 GBP TO EUR 10900
Send Euro Member Countries Receive Pound From BANGLADESH
1 EUR FROM GBP --
50 EUR FROM GBP --
100 EUR FROM GBP --
250 EUR FROM GBP --
500 EUR FROM GBP --
1000 EUR FROM GBP --
5000 EUR FROM GBP --
10000 EUR FROM GBP --

Click To Compare Money Transfer Services For The Following

Best Money Transfer Rate GBP to EUR

Company Name Live Exchange Rate
XE Money Transfer € 1.09
Currencyfair € 1.09
Transferwise € 1.09
Azimo € 1.08
USD

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