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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Bangladesh to India searches, and was the top rated company out of 3 that support BDT to INR.
So for a great mix of cost, speed & features, make your Bangladesh to India transfer using Wise.
How to get the best deal on your Bangladesh to India transfer
Summary of recent searches
Important things to consider before sending money from Bangladesh to India
Don't settle for the first option. Always compare ways to send money from Bangladesh to India to find out about fees, speed, and reliability.
Our analysis included 3 providers that operate between Bangladesh and India.
Through this, you get a comprehensive view of all the options you have in Bangladesh when you need to send money to India.
Cheapest way to send money to India from Bangladesh: CurrencyFair
Data collected over the past six months shows that CurrencyFair is 2% cheaper than the second-best option.
The ৳0.66 transfer cost represents the most common fee for BDT to INR international transfers, based on data from the past six months.
If you want to secure the best rates on a BDT to India transfer, make sure you pick CurrencyFair to send your money online.
*The most common fee applied to BDT-INR by CurrencyFair, based on data from the past six months.
Fastest way to send money from Bangladesh to India: Wise
Our data shows that Wise came up as the fastest way to send money from Bangladesh to India in 90.9% of searches. This makes them well suited to urgent BDT to INR money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Bangladesh to India - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to India from Bangladesh in 90.9% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send BDT from Bangladesh to India, it’s the provider that will keep you safe and relaxed while your money moves into INR.
Understanding the costs involved when moving money from Bangladesh to India
When calculating the costs of money transfers between Bangladesh and India, here's what really matters:
The Mid-Market Rate: Today, the BDT-INR mid-market rate equals to 0.760224 INR per Taka.
The BDT-INR average exchange rate for the past three months has been 0.7565 INR per Taka, with a high of 0.7657 and a low of 0.7493.
When looking to send money, we'd recommend Wise. On average Wise is 0.01% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from BDT to INR.
How to find the best exchange rate for Taka to Indian Rupee
Timing is essential for sending money between BDT and INR. The exchange rate you secure impacts how much INR you get for your BDT.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from BDT to INR has seen some fluctuation. On average, it stood at 0.7565.
During this period, the highest value recorded was 0.7657, while the lowest was 0.7493.
Wise, which is our recommended service to send money online from Bangladesh to India offers an exchange rate that is only 0.01% above the mid-market rate.
Want to secure the best BDT-Indian Rupee exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Bangladesh to India!
Payment methods available to fund your Bangladesh to India transfer
Bank transfers
Bank transfers are often the default option for sending money from Bangladesh to India.
By using a money transfer company such as CurrencyFair for transfers from Bangladesh to India, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, CurrencyFair is the cheapest provider for bank transfers from the 3 we tested when sending BDT to India.
With an average fee of BDT103.29 to send money from Bangladesh to India, CurrencyFair offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Bangladesh to India with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Bangladesh to India, competing among a total of 3 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Bangladesh to India, Instarem emerges as our top choice of the 3 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between India and Bangladesh.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Bangladesh to India .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BDT to INR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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