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.
USD to BDT
Best way to send money to Bangladesh from USA
Highest remittance rate for converting 1 USD to BDT = 109.33
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.
Trustpilot reviews:
64433
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Trustpilot reviews:
3550
Pay-In
Pay-Out
You Pay (Includes Fee $ 3.49)
$ 503.49
Receiving Amount
ó 55047.1
Realized Exchange Rate
109.33
placid USD to BDT Exchange Rate
110.0942
Placid is a one of the safest & leading money transfer service provider for sending money from USA to Bangladesh for sending amount 500.
Today’s Placid exchange rate for sending money from USD to BDT is 110.0942
with a $ 3.49 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 109.33. The pay in options available are
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
2 More Options Available
You Pay
(Sending Amount + Fee)
Exchange Rate
(placid / Realized)
Receiving Amount
(Receiving Amount)
$ 504.99
Pay-In :
110.0942 /
109.01
3-5 Days
ó 55047.1
Pay-Out :
$ 523.49
Pay-In :
110.0942 /
105.15
3-5 Days
ó 55047.1
Pay-Out :
Pay-In
Pay-Out
You Pay (Includes Fee $ 2.5)
$ 500
Receiving Amount
ó 54600.625
Realized Exchange Rate
108.66
instarem USD to BDT Exchange Rate
109.75
Pay-In
Pay-Out
You Pay (Includes Fee $ 4.85)
$ 500
Receiving Amount
ó 54466.5
Realized Exchange Rate
107.89
transferwise USD to BDT Exchange Rate
110
More Available Options
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
Trustpilot reviews:
11761
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.
Trustpilot reviews:
61538
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, 109.33 ) ( Instarem, 108.66 ) ( Transferwise, 107.89 ) .
- To remit money in the bank account of Bangladesh, best companies is ( Placid, 109.33 ).
- 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 108.66.
- Available pay in when sending money from USA to Bangladesh Debitcard, Bank, 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 Dec 09, 2023.
- 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;
-
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.
-
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.
-
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
Send Money With
Or You Can Choose Other Options
Best Money Transfer Rate USD to BDT
| Company Name | Live Exchange Rate |
|---|---|
| XE Money Transfer | ó 110.09 |
| Placid | ó 110.09 |
| Instarem | ó 109.75 |
| Transferwise | ó 110 |
