How to send money to Bangladesh from Germany with the best EUR-BDT rate

TapTap Send is the best and cheapest service overall. On €7,000 you will get 968,100 BDT after fees and the exchange rate.

We’ve compared 7 money transfer companies in more detail below.

Best companies for EUR/BDT transfers

7 of 7 providers

Last updated on 28 October 2026

Based on 7,000 EUR transfer

Best companies for EUR/BDT transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee €59.93 1 EUR = 137.8940 BDT +0.19% vs mid-market Recipient gets ৳956,994.01 Same day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Bangladesh with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
€59.931 EUR = 137.8940 BDT
৳956,994.01You pay€7,000.00
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 137.3517 BDT +0.59% vs mid-market Recipient gets ৳961,461.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Bangladesh with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 137.3517 BDT
৳961,461.90You pay€7,000.00

Run a live search

Showing top Germany to Bangladesh deals for 7,000 EUR. Do a live search with your exact amount for today's best rates.

TapTap Send

Pay via Debit card
Fee €0.00 1 EUR = 138.3000 BDT -0.10% vs mid-market Recipient gets ৳968,100.00 Minutes
CheapestFastest
Receive to bank account

Ways to receive money in Bangladesh with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Cash pickupMinutesAvailable via:BRAC Cash Pickup
Free1 EUR = 138.3000 BDT
৳968,100.00You pay€7,000.00
Mobile moneyMinutesAvailable via:Nagad, Rocket, bKash
Free1 EUR = 138.3000 BDT
৳968,100.00You pay€7,000.00
Bank depositMinutes
€0.991 EUR = 138.3000 BDT
৳968,100.00You pay€7,000.99
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 137.7859 BDT +0.27% vs mid-market Recipient gets ৳964,501.00 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Bangladesh with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 137.7859 BDT
৳964,501.00You pay€7,000.00

Xe

Pay via Debit card
Fee €0.00 1 EUR = 137.3517 BDT +0.59% vs mid-market Recipient gets ৳961,461.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Bangladesh with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 137.3517 BDT
৳961,461.90You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 137.3517 BDT +0.59% vs mid-market Recipient gets ৳961,461.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Bangladesh with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 137.3517 BDT
৳961,461.90You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 137.3517 BDT +0.59% vs mid-market Recipient gets ৳961,461.90 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Bangladesh with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 137.3517 BDT
৳961,461.90You pay€7,000.00
Only available via Mobile App

Sendwave

Pay via Debit card
Fee €0.99 1 EUR = 137.3614 BDT +0.58% vs mid-market Recipient gets ৳961,393.95 Minutes - 3 days
Receive to bank account or cash pickup

Ways to receive money in Bangladesh with Sendwave when paying by debit card.

MethodFee & ratesRecipient gets
Mobile moneyMinutes - 3 days
€0.991 EUR = 137.3614 BDT
৳961,393.95You pay€7,000.00
Bank depositMinutes - 3 days
€0.991 EUR = 137.3614 BDT
৳961,393.95You pay€7,000.00
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee €9.99 1 EUR = 137.2486 BDT +0.66% vs mid-market Recipient gets ৳960,740.20 Minutes - 24 hours

Ways to receive money in Bangladesh with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
€9.991 EUR = 137.2486 BDT
৳960,740.20You pay€7,009.99
Mobile moneyMinutes - 24 hoursAvailable via:bKash
€9.991 EUR = 137.0713 BDT
৳959,499.10You pay€7,009.99
Cash pickupMinutes - 24 hours
€9.991 EUR = 135.8152 BDT
৳950,706.40You pay€7,009.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee €9.99 1 EUR = 137.2486 BDT +0.66% vs mid-market Recipient gets ৳960,740.20 Minutes - 24 hours

Ways to receive money in Bangladesh with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
€9.991 EUR = 137.2486 BDT
৳960,740.20You pay€7,009.99
Mobile moneyMinutes - 24 hoursAvailable via:bKash
€9.991 EUR = 137.0713 BDT
৳959,499.10You pay€7,009.99
Cash pickupMinutes - 24 hours
€9.991 EUR = 135.8152 BDT
৳950,706.40You pay€7,009.99
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee €9.99 1 EUR = 137.2486 BDT +0.66% vs mid-market Recipient gets ৳960,740.20 Minutes - 24 hours

Ways to receive money in Bangladesh with MoneyGram when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
€9.991 EUR = 137.2486 BDT
৳960,740.20You pay€7,009.99
Mobile moneyMinutes - 24 hoursAvailable via:bKash
€9.991 EUR = 137.0713 BDT
৳959,499.10You pay€7,009.99
Cash pickupMinutes - 24 hours
€9.991 EUR = 135.8152 BDT
৳950,706.40You pay€7,009.99

Wise

Pay via Bank transfer
Fee €59.93 1 EUR = 137.8940 BDT +0.19% vs mid-market Recipient gets ৳956,994.01 Same day
Recommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Bangladesh with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
€59.931 EUR = 137.8940 BDT
৳956,994.01You pay€7,000.00

Wise

Pay via iDEAL
Fee €70.00 1 EUR = 137.8940 BDT +0.19% vs mid-market Recipient gets ৳955,605.42 Same day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Bangladesh with Wise when paying by ideal.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
€70.001 EUR = 137.8940 BDT
৳955,605.42You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €31.00 1 EUR = 137.0891 BDT +0.78% vs mid-market Recipient gets ৳955,373.72 Same day
Multi-currency cardReceive to bank account

Ways to receive money in Bangladesh with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame day
€31.001 EUR = 137.0891 BDT
৳955,373.72You pay€7,000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Wise

Pay via Debit card
Fee €114.56 1 EUR = 137.8940 BDT +0.19% vs mid-market Recipient gets ৳949,460.86 Same day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Bangladesh with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
€114.561 EUR = 137.8940 BDT
৳949,460.86You pay€7,000.00

Wise

Pay via Credit card
Fee €156.31 1 EUR = 137.8940 BDT +0.19% vs mid-market Recipient gets ৳943,703.79 Same day
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Bangladesh with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositSame dayAvailable via:Bank Transfer
€156.311 EUR = 137.8940 BDT
৳943,703.79You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee €191.00 1 EUR = 137.0891 BDT +0.78% vs mid-market Recipient gets ৳933,439.47 Within minutes
Multi-currency cardReceive to bank account

Ways to receive money in Bangladesh with Revolut when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
€191.001 EUR = 137.0891 BDT
৳933,439.47You pay€7,000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

How Our Results Work
Mid-market rate: 1 EUR = 138.1589 BDT Updates every 60 minutes.

How to send money from Germany to Bangladesh

Pick a company

For a one-off transfer from Germany, I suggest picking the cheapest option which is TapTap Send.

TapTap Send was the cheapest on 12 of the 30 days it quoted €7,000 transfers to Bangladesh.

On a 7,000 EUR transfer, TapTap Send delivers the most BDT.

This will change depending on how much you actually send, so I suggest running a live search to get the best EUR/BDT rate.

Fund your transfer

You have 4 ways to pay, including debit card, bank transfer, credit card, and iDEAL.

Verify and send

First time round you'll need a photo ID and proof of your German address.

Video identification is also normal and takes a few minutes.

Compare amounts

How much EUR are you sending to Bangladesh?

How much EUR you send to Bangladesh heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows TapTap Send was the cheapest in 46% of the transfers from €7,000 it quoted, and in 35% of all the transfers it quoted.

Cheapest service
€500-0.07%€0.00৳69,150.00with debit card to cash pickup+৳740.64
€1,000-0.07%€0.00৳138,300.00with debit card to cash pickup+৳1,276.91
€5,000-0.10%€0.00৳691,500.00with debit card to cash pickup+৳7,946.88
€7,000This page-0.10%€0.00৳968,100.00with debit card to cash pickup+৳11,088.10
€50,000-0.07%€0.00৳6,915,000.00with debit card to cash pickup+৳65,285.32

Mid-market rate: 1 EUR = 138.1589 BDT

EUR/BDT Exchange Rate History

Is today a good time to send money from Germany to Bangladesh?

The cheapest way to send EUR to BDT can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's TapTap Send), across 30 days of comparisons for 7,000 EUR transfers to Bangladesh.

BDT received for €7,000, after fees

Wed, 28 Oct 2026Mid-market rate৳967,112.20 TapTap Send ৳968,100.00TapTap Send৳968,100.00Regency FX৳964,501.00Xe৳961,461.90

950.000
955.000
960.000
965.000
970.000
975.000
980.000
985.000
At the mid-market rateWith the cheapest optionTapTap SendRegency FXXe
Exchange rateFeeRecipient getsDifference
Mid-market rate 139.9773 – ৳979,840.93
Regency FX Cheapest 139.5993 €0.00 ৳977,195.36 −৳2,645.57
TapTap Send 139.0000 €0.00 ৳973,000.00 −৳6,840.93
Xe 138.8611 €0.00 ৳972,027.70 −৳7,813.23
Exchange rateFeeRecipient getsDifference
Mid-market rate 139.6734 – ৳977,713.76
TapTap Send Cheapest 139.5000 €0.00 ৳976,500.00 −৳1,213.76
Regency FX 139.2963 €0.00 ৳975,073.93 −৳2,639.83
Xe 138.4242 €0.00 ৳968,969.40 −৳8,744.36
Exchange rateFeeRecipient getsDifference
Mid-market rate 139.4318 – ৳976,022.34
TapTap Send Cheapest 139.5000 €0.00 ৳976,500.00 +৳477.66
Regency FX 139.0553 €0.00 ৳973,387.08 −৳2,635.26
Xe 138.2752 €0.00 ৳967,926.40 −৳8,095.94
Exchange rateFeeRecipient getsDifference
Mid-market rate 139.1485 – ৳974,039.19
Regency FX Cheapest 138.7728 €0.00 ৳971,409.29 −৳2,629.90
TapTap Send 138.0000 €0.00 ৳966,000.00 −৳8,039.19
Xe 137.4212 €0.00 ৳961,948.40 −৳12,090.79
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.4011 – ৳968,807.63
Regency FX Cheapest 138.0274 €0.00 ৳966,191.85 −৳2,615.78
TapTap Send 138.0000 €0.00 ৳966,000.00 −৳2,807.63
Xe 137.4808 €0.00 ৳962,365.60 −৳6,442.03
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.1282 – ৳966,897.46
TapTap Send Cheapest 138.0000 €0.00 ৳966,000.00 −৳897.46
Regency FX 137.7553 €0.00 ৳964,286.84 −৳2,610.62
Xe 137.4808 €0.00 ৳962,365.60 −৳4,531.86
Exchange rateFeeRecipient getsDifference
Mid-market rate 137.4026 – ৳961,817.88
TapTap Send Cheapest 138.0000 €0.00 ৳966,000.00 +৳4,182.12
Regency FX 137.0316 €0.00 ৳959,220.97 −৳2,596.91
Xe 136.5672 €0.00 ৳955,970.40 −৳5,847.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 137.7293 – ৳964,105.02
Regency FX Cheapest 137.3574 €0.00 ৳961,501.93 −৳2,603.09
TapTap Send 137.2500 €0.00 ৳960,750.00 −৳3,355.02
Xe 137.2425 €0.00 ৳960,697.50 −৳3,407.52
Exchange rateFeeRecipient getsDifference
Mid-market rate 137.9082 – ৳965,357.41
Regency FX Cheapest 137.5358 €0.00 ৳962,750.94 −৳2,606.47
Xe 137.4113 €0.00 ৳961,879.10 −৳3,478.31
TapTap Send 137.2500 €0.00 ৳960,750.00 −৳4,607.41
Exchange rateFeeRecipient getsDifference
Mid-market rate 137.7979 – ৳964,585.40
Regency FX Cheapest 137.4259 €0.00 ৳961,981.02 −৳2,604.38
TapTap Send 137.2500 €0.00 ৳960,750.00 −৳3,835.40
Xe 136.8850 €0.00 ৳958,195.00 −৳6,390.40
Exchange rateFeeRecipient getsDifference
Mid-market rate 137.9769 – ৳965,838.24
Sendwave Cheapest 137.7148 €0.99 ৳963,867.33 −৳1,970.91
Regency FX 137.6044 €0.00 ৳963,230.48 −৳2,607.76
TapTap Send 137.2500 €0.00 ৳960,750.00 −৳5,088.24
Xe 136.9049 €0.00 ৳958,334.30 −৳7,503.94
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.1621 – ৳967,135.03
Regency FX Cheapest 137.7891 €0.00 ৳964,523.76 −৳2,611.27
TapTap Send 137.3000 €0.00 ৳961,100.00 −৳6,035.03
Xe 137.0538 €0.00 ৳959,376.60 −৳7,758.43
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.1621 – ৳967,135.03
Regency FX Cheapest 137.7891 €0.00 ৳964,523.76 −৳2,611.27
TapTap Send 137.3000 €0.00 ৳961,100.00 −৳6,035.03
Xe 137.0538 €0.00 ৳959,376.60 −৳7,758.43
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.1342 – ৳966,939.45
Regency FX Cheapest 137.7612 €0.00 ৳964,328.71 −৳2,610.74
TapTap Send 137.3000 €0.00 ৳961,100.00 −৳5,839.45
Xe 137.0935 €0.00 ৳959,654.50 −৳7,284.95
Exchange rateFeeRecipient getsDifference
Mid-market rate 137.9153 – ৳965,407.15
Regency FX Cheapest 137.5429 €0.00 ৳962,800.55 −৳2,606.60
TapTap Send 137.3000 €0.00 ৳961,100.00 −৳4,307.15
Xe 136.9843 €0.00 ৳958,890.10 −৳6,517.05
Exchange rateFeeRecipient getsDifference
Mid-market rate 137.7218 – ৳964,052.87
Sendwave Cheapest 137.6563 €0.99 ৳963,457.75 −৳595.12
TapTap Send 137.4500 €0.00 ৳962,150.00 −৳1,902.87
Regency FX 137.3500 €0.00 ৳961,449.92 −৳2,602.95
Xe 137.1829 €0.00 ৳960,280.30 −৳3,772.57
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.2735 – ৳967,914.44
Regency FX Cheapest 137.9002 €0.00 ৳965,301.08 −৳2,613.36
TapTap Send 137.6000 €0.00 ৳963,200.00 −৳4,714.44
Xe 137.3914 €0.00 ৳961,739.80 −৳6,174.64
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.2279 – ৳967,595.20
TapTap Send Cheapest 137.9000 €0.00 ৳965,300.00 −৳2,295.19
Regency FX 137.8547 €0.00 ৳964,982.69 −৳2,612.51
Xe 137.6695 €0.00 ৳963,686.50 −৳3,908.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.4366 – ৳969,056.23
MoneyGram Cheapest 138.3424 €9.99 ৳968,396.80 −৳659.43
Regency FX 138.0628 €0.00 ৳966,439.78 −৳2,616.45
TapTap Send 138.0000 €0.00 ৳966,000.00 −৳3,056.23
Xe 137.8581 €0.00 ৳965,006.70 −৳4,049.53
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.4366 – ৳969,056.23
MoneyGram Cheapest 138.3424 €9.99 ৳968,396.80 −৳659.43
Regency FX 138.0628 €0.00 ৳966,439.78 −৳2,616.45
TapTap Send 138.0000 €0.00 ৳966,000.00 −৳3,056.23
Xe 137.8581 €0.00 ৳965,006.70 −৳4,049.53
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.5684 – ৳969,978.84
MoneyGram Cheapest 138.3424 €9.99 ৳968,396.80 −৳1,582.04
Regency FX 138.1943 €0.00 ৳967,359.89 −৳2,618.95
TapTap Send 138.0000 €0.00 ৳966,000.00 −৳3,978.84
Xe 137.8581 €0.00 ৳965,006.70 −৳4,972.14
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.9422 – ৳972,595.41
Regency FX Cheapest 138.5671 €0.00 ৳969,969.40 −৳2,626.01
TapTap Send 138.3000 €0.00 ৳968,100.00 −৳4,495.41
Xe 137.7688 €0.00 ৳964,381.60 −৳8,213.81
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.5394 – ৳969,775.74
TapTap Send Cheapest 138.3000 €0.00 ৳968,100.00 −৳1,675.74
Regency FX 138.1653 €0.00 ৳967,157.35 −৳2,618.39
Xe 137.7489 €0.00 ৳964,242.30 −৳5,533.44
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Sendwave Cheapest 138.3977 €0.99 ৳968,647.10 –
TapTap Send 138.3000 €0.00 ৳968,100.00 –
Xe 137.8482 €0.00 ৳964,937.40 –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.5631 – ৳969,941.55
TapTap Send Cheapest 138.3000 €0.00 ৳968,100.00 −৳1,841.55
Regency FX 138.1890 €0.00 ৳967,322.71 −৳2,618.84
Xe 137.6893 €0.00 ৳963,825.10 −৳6,116.45
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.4457 – ৳969,119.89
TapTap Send Cheapest 138.3000 €0.00 ৳968,100.00 −৳1,019.89
Regency FX 138.0719 €0.00 ৳966,503.26 −৳2,616.63
Xe 137.5602 €0.00 ৳962,921.40 −৳6,198.49
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.4457 – ৳969,119.89
TapTap Send Cheapest 138.3000 €0.00 ৳968,100.00 −৳1,019.89
Regency FX 138.0719 €0.00 ৳966,503.26 −৳2,616.63
Xe 137.5602 €0.00 ৳962,921.40 −৳6,198.49
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.4156 – ৳968,908.86
TapTap Send Cheapest 138.3000 €0.00 ৳968,100.00 −৳808.86
Regency FX 138.0418 €0.00 ৳966,292.81 −৳2,616.05
Xe 137.5205 €0.00 ৳962,643.50 −৳6,265.36
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.6012 – ৳970,208.25
TapTap Send Cheapest 138.3000 €0.00 ৳968,100.00 −৳2,108.25
Regency FX 138.2270 €0.00 ৳967,588.69 −৳2,619.56
Xe 137.9574 €0.00 ৳965,701.80 −৳4,506.45
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.1589 – ৳967,112.20
TapTap Send Cheapest 138.3000 €0.00 ৳968,100.00 +৳987.80
Regency FX 137.7859 €0.00 ৳964,501.00 −৳2,611.20
Xe 137.3517 €0.00 ৳961,461.90 −৳5,650.30

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send €7,000, after fees, as quoted by each company. The mid-market line shows what €7,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more BDT per EUR than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 3 of the last 30 days.

Right now, TapTap Send pays 968,100 BDT on 7,000 EUR, which is 987.8 BDT more than the mid-market amount, so it's a good deal (pretty much free money).

Today's payout isn't the best this month though, since the highest receive amount was 977,195.36 BDT.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

If you need to send money now, it's a good time to send.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Bangladesh.

We've tracked 94 comparisons to check how often today's top companies were the cheapest across 5 amounts over the past month.

  1. TapTap SendAppeared in 93 comparisons

    Cheapest in 35% of them

  2. Regency FXAppeared in 43 comparisons

    Cheapest in 35% of them

  3. XeAppeared in 76 comparisons

    Cheapest in 3% of them

Based on 94 comparisons across 5 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today TapTap Send is the cheapest and gets you the most BDT, but it was the cheapest in only 35% of the 93 comparisons it appeared in over the past month.

If it's a one-off transfer, go with TapTap Send, since it's the cheapest right now.

Ways to send money from Germany to Bangladesh

There are 7 companies for sending money from Germany to Bangladesh, across app, online, broker, multi-currency account, global account, and in person, and more below.

Fastest and easiest way

Online and app transfers

Within the eurozone, SEPA covers all transfers, but outside, it gets very expensive and money transfer companies make it cheaper.

Sending €7,000 with TapTap Send to Bangladesh gets you 968,100 BDT with a €0 fee and -0.1% markup.

In our comparisons over the past month, it was the cheapest online service on 20 of the 30 days it quoted.

Debit cards (and Apple Pay / Google Pay) usually have instant deposits, but your girocard usually won't work as a funding method.

For paying in cash at a counter

In-person transfers

There's no legal limit on how much you can send, so the counter in the kiosk, the callshop or the grocery store is still a popular way to send money internationally.

Deposit €7,000 to MoneyGram online, and choose cash pickup as delivery option. Once you pay, it should be available in minutes.

Our data shows MoneyGram came out cheapest among in-person options on 100% of days in the past month.

In general, online transfers are cheaper than sending cash to Bangladesh.

For large transfers from Germany

Currency brokers

For buying property, moving to Bangladesh, or moving pensions, a currency broker is the best option.

A broker like Regency FX charges no fee and works on a margin. It adds 0.27% on EUR/BDT which gets negotiated the more you send.

And you get an account manager to help you through the process.

Our analysis shows Regency FX was the cheapest broker in 95% of the transfers from €7,000 it quoted.

For some international payments above €50,000, German residents may need to file an AWV report with the Bundesbank, make sure to check in advance.

For making business payments

Global accounts

Global accounts are for businesses making payments to Bangladesh.

Be it overseas suppliers and contractors, receiving BDT payments, or holding BDT and EUR in one business account.

Companies like Airwallex, WorldFirst, or Wise Business offer the best tools for international business transfers.

For spending & receiving

Multi-currency accounts

A multi-currency account lets you hold EUR and BDT in one account.

You get BDT bank details, and can receive international payments like rent, dividends, family payments without additional conversions.

You can convert BDT to EUR or EUR to BDT whenever you need.

The best multi-currency account is Wise, it adds ~0.19% markup and charges small fees.

Over the past month, it came out cheapest among multi-currency accounts on 70% of days.

Ways to fund EUR and receive BDT in Bangladesh

With TapTap Send, paying by debit card and receiving through cash pickup is the cheapest way. Sending €7,000 gives your recipient 968,100 BDT.

You can pay for the transfer using debit card, bank transfer, credit card, and iDEAL.

Using German bank

A SEPA bank transfer is usually the cheapest way to deposit EUR.

An instant SEPA payment can reduce funding time, but it does not guarantee instant delivery to Bangladesh.

The recipient in Bangladesh can receive BDT by bank deposit, mobile money, and cash pickup.

To receive BDT by bank deposit

Enter the recipient's banking details and account holder's name.

Check both before sending because correcting a bank deposit will delay the transfer.

They can receive cash in Bangladesh

For cash pickup, the recipient needs to visit the nearest MoneyGram branch and bring a valid photo ID and the transfer reference number.

  1. 1
    Debit card Cash pickup

    You pay €7,000.00

    ৳968,100

    Cheapest

  2. 2
    Debit card Mobile money

    You pay €7,000.00

    ৳968,100

    ৳0

  3. 3
    Debit card Bank deposit

    You pay €7,000.99

    ৳968,100

    ৳0

  4. 4
    Bank transfer Bank deposit

    You pay €7,000.00

    ৳964,501

    -৳3,599

  5. 5
    Credit card Bank deposit

    You pay €7,000.00

    ৳961,462

    -৳6,638

Show moreShow less
  1. 6
    Bank transfer Mobile money

    You pay €7,009.99

    ৳959,499

    -৳8,601

  2. 7
    Credit card Mobile money

    You pay €7,009.99

    ৳959,499

    -৳8,601

  3. 8
    iDEAL Bank deposit

    You pay €7,000.00

    ৳955,605

    -৳12,495

  4. 9
    Bank transfer Cash pickup

    You pay €7,009.99

    ৳950,706

    -৳17,394

  5. 10
    Credit card Cash pickup

    You pay €7,009.99

    ৳950,706

    -৳17,394

Things to know before sending money from Germany to Bangladesh

The main question in Germany is whether you are sending euros inside SEPA or converting them. Large cross-border payments can also create a Bundesbank reporting duty.

Compare EUR/BDT transfer options

For a €7,000 transfer to Bangladesh, these are the best options:

Cheapest way to send money to Bangladesh

The cheapest option is TapTap Send, funded by debit card with cash pickup for the payout. Your recipient gets 968,100 BDT, which is 0.37% more than the next best option.

Fastest way to send money to Bangladesh

The fastest option is TapTap Send. Pay by debit card and choose cash pickup for the payout. Your recipient gets 968,100 BDT in minutes.

Transfers over €50,000 may get reported

Germany's AWV reporting threshold is €50,000.

A German resident may need to report a payment above that amount to the Bundesbank when it is made to a non-resident.

It is a statistics report, not a tax or permission request.

Transfers between your own domestic and foreign accounts are exempt, and other exemptions apply depending on the payment purpose.

The automated AWV notice shown by a bank does not mean every transfer is reportable.

The Bundesbank guidance for private individuals explains who reports, what is exempt and how to file.

SEPA and SWIFT are different

If the recipient has a euro account in the SEPA area, a normal SEPA payment can be the simplest option.

A payment converted into BDT sits outside that pricing rule and may involve another bank or payout partner.

Check whether the quote uses SHA, OUR or BEN charges on a bank transfer.

This decides whether intermediary costs are shared, paid by you or deducted from what the recipient receives.

How we analyse the market

Nothing reaches this table without going through our review first, and every company is BaFin-registered or passported into Germany.

We then track 7 of them on EUR to Bangladesh, comparing rates, fees and the pay-in and payout options.

In the past 30 days alone, we analysed 94 comparisons across 5 amounts.

This page covers the cheapest and fastest options for EUR/BDT transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

More on who we are, why you can trust us and how to get started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.