Best way to send money to Bangladesh from USA

Highest remittance rate for converting 1 USD to BDT = 109.18

Send money to Bangladesh from USA

The number of people who send money to Bangladesh from US has increased over the years because of the increasing number of immigrants working in the US. Also, there are some short term payments or salaries that employers in America send to their remote employees in Bangladesh.

Thanks to the increasing number of companies that provide USD to BDT exchange services, it is now more convenient to transfer money to Bangladesh from US. If you want to send money to make this transfer for the first time, then it is beneficial to know that you need to be careful with your choice of company.

This will mean conducting a serious research which is most likely to cost you some time. Thanks to platforms like Exchange Rate IQ, you can avoid all that hustle because we have everything simplified for you. Find out about the best companies to use any time you want to send money to Bangladesh from USA.

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

Country Guide - Bangladesh

109.73

Mid Market Rate

SEND NOW

109.73

Mid Market Rate

SEND NOW

|
Sort By:
BEST VALUE FASTEST
Pay-In
Pay-Out
You Pay (Includes Fee $ 4.99) $ 1004.99
Receiving Amount
ó 109729.8
Realized Exchange Rate
109.18
placid USD to BDT Exchange Rate
109.7298
Best Value

SEND NOW

Transfer Time : 3-5 Days
Placid is a one of the safest & leading money transfer service provider for sending money from USA to Bangladesh for sending amount 1000. Today’s Placid exchange rate for sending money from USD to BDT is 109.7298 with a $ 4.99 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 109.18. The pay in options available are Bank, Debitcard, also you can receive money using Bank, at multiple Placid partner locations. The transfer time usually range between 3-5 Days. For more detailed review of Placid click here
1 More Option Available

You Pay
(Sending Amount + Fee)

Exchange Rate
(placid / Realized)

Receiving Amount
(Receiving Amount)

$ 1044.99
Pay-In :
109.7298 / 105.01
3-5 Days
ó 109729.8
Pay-Out :
Pay-In
Pay-Out
You Pay (Includes Fee $ 5) $ 1000
Receiving Amount
ó 108952.5
Realized Exchange Rate
108.41
instarem USD to BDT Exchange Rate
109.5
0.71% vs Best Value

SEND NOW

Transfer Time : 1-2 Days
Instarem is a one of the safest & leading money transfer service provider for sending money from USA to Bangladesh for sending amount 1000. Today’s Instarem exchange rate for sending money from USD to BDT is 109.5 with a $ 5 fee. Based on the Exchange Rate IQ calculations it offers 0.71% less than the best value for your money transfer. The realized exchange rate after considering the fees is 108.41. The pay in options available are Bank, also you can receive money using Bank, at multiple Instarem partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Instarem click here
Pay-In
Pay-Out
You Pay (Includes Fee $ 9.7) $ 1000
Receiving Amount
ó 108586.395
Realized Exchange Rate
107.54
transferwise USD to BDT Exchange Rate
109.65
1.5% vs 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 USA to Bangladesh for sending amount 1000. Today’s Transferwise exchange rate for sending money from USD to BDT is 109.65 with a $ 9.7 fee. Based on the Exchange Rate IQ calculations it offers 1.5% less than the best value for your money transfer. The realized exchange rate after considering the fees is 107.54. 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

More Available Options

You can check rates of some more providers that may support your country
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
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. 
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

USD to BDT - Best Money Transfer Service Review Summary

  • Which is the best option available to send money from USA to Bangladesh after comparison?
  • With our real-time comparison on sending money from USA to Bangladesh ,
      we have found Placid remittance services who are providing competitive exchange rates.
  • Top 3 companies are - ( Placid, 109.18 ) ( Instarem, 108.41 ) ( Transferwise, 107.54 ) .
  • To remit money in the bank account of Bangladesh, best companies is ( Placid, 109.18 ).
  • Current money transfer offeres/promotions are available with Instarem money transfer services.
  • For quick money transfer from USA to Bangladesh with agent service is Instarem with exchange rate 108.41.
  • Available pay in when sending money from USA to Bangladesh Bank, Debitcard, Creditcard.
  • Available pay out when sending money from USA to Bangladesh Bank.
  • Other options to transfer money from USA to Bangladesh are Ria, Travelex, Westernunion .
  • The comparison result was last updated on Mar 28, 2024.
  • For the latest comparison result of USA to Bangladesh, Please visit ExchangeRate IQ regularly.

USD vs BDT: History

The general remittance to Bangladesh has been on a constant rise. In 2019, it was reported that money sent to Bangladesh by immigrants between the month of November and December went up from 1472.2 USD million to 1639.6 USD million. It is expected that these figures will rise further in the future.

Transfer money from US to Bangladesh

There are so many options to go with depending on how much you want to transfer to US from Bangladesh and they include;

  1. Bank deposits

    You can deposit money directly to banks in Bangladesh from US. Most American banks do offer these services but if you are more of an online person then you can consider services like Xoom that can also send money to specific pick up points, usually banks.

  2. Online transfer

    There are so many only money transfer services that you can use to send money from US to Bangladesh as long as the recipient holds the same account.

  3. Post office services

    Although this is somehow an outdated money transfer method, some people still find it reliable. Sending money using post office services has one benefit and that is, the recipient gets to pick his or her money at the nearest post office. Convenient before the internet was discovered. You can consider western union as well.

Best way to send money to Bangladesh from US

It is safe to say that there is nothing like best way to send money from US to Bangladesh because people have different preferences. It is however important to mention that before settling on a service provider of your choice, make sure you have don’t your homework. Many people have fallen victim to con artists posing like USD to BDT exchange providers.

To be safe, you can always count on Exchange Rate IQ for updated rates and reviews of cash transfer companies that can provide you satisfactory USD to BDT transfer and exchange services.

Things to consider before you send money from US to Bangladesh

Money is sensitive and that is why you need always to be cautious before trusting any transfer company. Some of the things you will need to keep in mind include;

  • USD to BDT Exchange Rates

  • How long it will take

  • Credibility of the transfer company

  • Convenience to the receiver

FAQ's

What is the cost of sending money to Bangladesh from US?

There is no standard cost for sending money to Bangladesh from US. That is because, the USD and BDT exchange rates are influenced by the forex market which is hardly stable.

Discuss this question

How long does it take to send money to Bangladesh from US?

The duration of your money transfer entirely depends on the transfer company you choose to work with. It is also good to know that if you require to remit money much faster, you must be prepared for a high rate.

Discuss this question

When is it the best time to send money to Bangladesh from US?

The best time to send money to Bangladesh is when the exchange rates are high. That is when USD gains more strength over BDT. You can always know the best time to send money to US from Bangladesh through Exchange Rate IQ.

Discuss this question

Historical Mid Market Exchange Rate From US Dollar (USD) to Taka (BDT) (Weekly)

Current Exchange Rate(Mid Market) :- 109.73 BDT/USD

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 USD To BDT

Send US Dollar To BANGLADESH Receive Taka
1 USD TO BDT 109.73
50 USD TO BDT 5486.5
100 USD TO BDT 10973
250 USD TO BDT 27432.5
500 USD TO BDT 54865
1000 USD TO BDT 109730
5000 USD TO BDT 548650
10000 USD TO BDT 1097300
Send Taka Receive US Dollar From BANGLADESH
1 BDT FROM USD --
50 BDT FROM USD --
100 BDT FROM USD --
250 BDT FROM USD --
500 BDT FROM USD --
1000 BDT FROM USD --
5000 BDT FROM USD --
10000 BDT FROM USD --

Click To Compare Money Transfer Services For The Following

Best Money Transfer Rate USD to BDT

Company Name Live Exchange Rate
XE Money Transfer ó 109.73
Placid ó 109.73
Instarem ó 109.5
Transferwise ó 109.65
USD

// //