.svg)
Send money from Bangladesh to Canada
While you can’t send BDT to CAD with Wise, you can transfer USD to USD.
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
How to send money from Bangladesh to Canada
Sending money from Bangladesh to Canada doesn’t have a huge amount of options. Because of this, we would recommend sending money via:
An agent like Western Union, MoneyGram, or Ria Money Transfer
Wise (USD/USD or EUR/EUR transfers)
Send cash to Canada from Bangladesh
Agents are physical stores where you hand in BDT as cash and the receiver picks it up from the store in Canada.
Western Union Agent
We suggest using Western Union agent as it's reputable, fast, and is partnered with multiple banks in Bangladesh.
The fees and rates will vary from day to day and based on your transfer amount, but it's still much cheaper than using your bank directly.
To get started, find the closest WU agent using the store locator, fill in the forms at the counter, pay for your transfer and let the recipient know.
Most transfers will be available for collection the same day, but sometimes can take up to a few days.
Important things to consider before sending money from Bangladesh to Canada
Don't settle for the first option. Always compare ways to send money from Bangladesh to Canada to find out about fees, speed, and reliability.
Our analysis included 6 providers that operate between Bangladesh and Canada.
Through this, you get a comprehensive view of all the options you have in Bangladesh when you need to send money to Canada.
Cheapest way to send money from Bangladesh to Canada
Without any money transfer providers serving the Bangladesh to Canada route, the cheapest money transfer options are limited.
We would recommend using:
How to find the best exchange rate for Taka to Canadian Dollar
Timing is essential for sending money between BDT and CAD. The exchange rate you secure impacts how much CAD you get for your BDT.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from BDT to CAD has seen some fluctuation. On average, it stood at 0.0118.
During this period, the highest value recorded was 0.0119, while the lowest was 0.0117.
, which is our recommended service to send money online from Bangladesh to Canada offers an exchange rate that is only % above the mid-market rate.
Want to secure the best BDT-Canadian Dollar 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 Canada!
What payment methods are available when sending money from Bangladesh to Canada?
Sending bank transfers from Bangladesh to Canada
Bank transfers are the most common way of sending BDT to Canada as they are secure, reliable, and convenient.
If you want to send Takas to Canada via bank transfer, has been the top rated provider in our comparison system for the last three months, recommended % of the time.
That’s because companies like bypass the SWIFT network and rely on their own digital network of banks, making transfers faster and cheaper. As an example, 's transaction fees for Takas into Canada have averaged at 0 for the last three months. This is significantly lower than the fees charged by banks.
Sending money from Bangladesh to Canada by credit card
Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.
If you want to send Takas to Canada with a credit card, is your best option. They've been the top rated provider in our comparison system for the last three months, recommended % of the time.
Note: Beware of chargesCredit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.
Sending money from Bangladesh to Canada by payment apps
If you’d like to send money from Bangladesh to Canada via payment app, follow these steps:
Download the app and register. Download the app from the App Store or Google Play. You’ll need to register to be able to open an account. Make sure the app services transfers from Bangladesh to Canada.
Enter your details. Enter any of the details required. You may need a valid form of ID.
Start your transfer. Enter the details of your recipient. Some apps will require full payment details, while others allow you to pay with just an email address. You may need to state that you’re planning to send money to Canada in Canadian Dollar at this stage.
Check the details. It’s vital that you check the details you’ve added to make sure everything is correct. It can be very difficult to reverse a transfer, and most payment apps don’t let you cancel a transfer from Bangladesh to Canada after it’s been sent.
Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the BDT to CAD exchange rate. Check the rate they’re offering against the mid-market rate to make sure you’re getting a good deal.
The current mid-market rate of BDT to CAD is 0.0113
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Canada and Bangladesh.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
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 Canada.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BDT to CAD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Money transfer company reviews
.svg)
