Compare the best ways to send money from United States to Bangladesh

We compared 8 companies sending money from the United States to Bangladesh. WorldRemit is the best and cheapest, while TapTap Send is the fastest.

Sending $7,000 with WorldRemit gets your recipient 867,740.97 BDT at 123.9805 BDT per USD.

Best companies for USD/BDT transfers

8 of 8 providers

Last updated on 28 October 2026

Based on 7,000 USD transfer

Best companies for USD/BDT transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee $55.69 1 USD = 124.2000 BDT +0.07% vs mid-market Recipient gets ৳862,483.30 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
$55.691 USD = 124.2000 BDT
৳862,483.30You pay$7,000.00
Promoted

Xe

Pay via Bank transfer
Fee $0.00 1 USD = 123.4051 BDT +0.71% vs mid-market Recipient gets ৳863,835.70 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 USD = 123.4051 BDT
৳863,835.70You pay$7,000.00

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Showing top United States to Bangladesh deals for 7,000 USD. Do a live search with your exact amount for today's best rates.
Only available via Mobile App

WorldRemit

Pay via Debit card
Fee $0.99 1 USD = 123.9805 BDT +0.24% vs mid-market Recipient gets ৳867,740.97 Minutes - 2 days
Cheapest
Receive to bank account or cash pickup

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

MethodFee & ratesRecipient gets
Mobile moneyMinutes - 2 days
$0.991 USD = 123.9805 BDT
৳867,740.97You pay$7,000.00
Only available via Mobile App

Sendwave

Pay via Debit card
Fee $0.99 1 USD = 123.9805 BDT +0.24% vs mid-market Recipient gets ৳867,740.97 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 USD = 123.9805 BDT
৳867,740.97You pay$7,000.00
Bank depositMinutes - 3 days
$0.991 USD = 123.9805 BDT
৳867,740.97You pay$7,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee $0.00 1 USD = 123.9453 BDT +0.27% vs mid-market Recipient gets ৳867,616.93 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 USD = 123.9453 BDT
৳867,616.93You pay$7,000.00

Xe

Pay via Bank transfer
Fee $0.00 1 USD = 123.4051 BDT +0.71% vs mid-market Recipient gets ৳863,835.70 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 USD = 123.4051 BDT
৳863,835.70You pay$7,000.00

Wise

Pay via Bank transfer
Fee $55.69 1 USD = 124.2000 BDT +0.07% vs mid-market Recipient gets ৳862,483.30 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
$55.691 USD = 124.2000 BDT
৳862,483.30You pay$7,000.00

TapTap Send

Pay via Debit card
Fee $0.00 1 USD = 123.0000 BDT +1.04% vs mid-market Recipient gets ৳861,000.00 Minutes
Fastest
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 USD = 123.0000 BDT
৳861,000.00You pay$7,000.00
Mobile moneyMinutesAvailable via:Nagad, Rocket, bKash
Free1 USD = 123.0000 BDT
৳861,000.00You pay$7,000.00
Bank depositMinutes
$1.491 USD = 123.0000 BDT
৳861,000.00You pay$7,001.49
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee $1.99 1 USD = 122.9461 BDT +1.08% vs mid-market Recipient gets ৳860,622.70 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
$1.991 USD = 122.9461 BDT
৳860,622.70You pay$7,001.99
Cash pickupMinutes - 24 hours
$5.991 USD = 122.9457 BDT
৳860,619.90You pay$7,005.99
Mobile moneyMinutes - 24 hoursAvailable via:bKash
$0.991 USD = 122.8026 BDT
৳859,618.20You pay$7,000.99
$0 fee on first online transfers

MoneyGram

Pay via Cash deposit
Fee $60.79 1 USD = 122.9088 BDT +1.11% vs mid-market Recipient gets ৳860,361.60 Minutes - 24 hours

Ways to receive money in Bangladesh with MoneyGram when paying by cash deposit.

MethodFee & ratesRecipient gets
Cash pickupMinutes - 24 hours
$60.791 USD = 122.9088 BDT
৳860,361.60You pay$7,060.79

Xe

Pay via Debit card
Fee $35.00 1 USD = 123.4051 BDT +0.71% vs mid-market Recipient gets ৳859,516.52 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
$35.001 USD = 123.4051 BDT
৳859,516.52You pay$7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee $40.50 1 USD = 123.3754 BDT +0.73% vs mid-market Recipient gets ৳858,631.43 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
$40.501 USD = 123.3754 BDT
৳858,631.43You 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.

$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee $1.99 1 USD = 122.6615 BDT +1.31% vs mid-market Recipient gets ৳858,630.50 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
$1.991 USD = 122.6615 BDT
৳858,630.50You pay$7,001.99
Cash pickupMinutes - 24 hours
$75.991 USD = 122.5471 BDT
৳857,829.70You pay$7,075.99
Mobile moneyMinutes - 24 hoursAvailable via:bKash
$0.991 USD = 122.4801 BDT
৳857,360.70You pay$7,000.99
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee $177.99 1 USD = 122.6615 BDT +1.31% vs mid-market Recipient gets ৳858,630.50 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
$177.991 USD = 122.6615 BDT
৳858,630.50You pay$7,177.99
Cash pickupMinutes - 24 hours
$179.991 USD = 122.5471 BDT
৳857,829.70You pay$7,179.99
Mobile moneyMinutes - 24 hoursAvailable via:bKash
$210.001 USD = 122.4801 BDT
৳857,360.70You pay$7,210.00

Xe

Pay via Credit card
Fee $210.00 1 USD = 123.4051 BDT +0.71% vs mid-market Recipient gets ৳837,920.63 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
$210.001 USD = 123.4051 BDT
৳837,920.63You pay$7,000.00
How Our Results Work
Mid-market rate: 1 USD = 124.2808 BDT Updates every 60 minutes.

How to send money from US to Bangladesh

Pick a company

If you're sending a one-off transfer, then WorldRemit is the best option.

WorldRemit was the cheapest on 6 of the 18 days it quoted $7,000 transfers to Bangladesh.

For recurring transfers, I'd suggest using an app or a multi-currency account with WorldRemit.

For large transfers, a broker like Regency FX is the best option.

If your recipient needs cash, MoneyGram is the cheapest.

How much you send will affect the best option for you right now.

Pay for it

You have 4 ways to pay for your transfer to Bangladesh, including debit card, bank transfer, credit card, and cash deposit.

Usually, using bank transfer to fund your transfer is the cheapest but slowest option (ACH and takes a day or two).

You can use a debit card, Apple Pay and Google Pay for quicker deposit but its a bit more expensive.

I suggest avoiding credit cards since these are most expensive and have cash advance fees (Amex is very rarely accepted in general).

Check and send

First time round you'll need to confirm who you are.

An SSN isn't required, an ITIN or a foreign passport works with most companies here.

Compare amounts

How much USD are you sending to Bangladesh?

How much USD 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 WorldRemit was the cheapest in 42% of the transfers from $5,000 it quoted, and in 36% of all the transfers it quoted.

Cheapest service
$5000.20%$0.99৳61,896.32with debit card to mobile money+৳1,325.10
$2,0000.20%$0.99৳247,953.66with debit card to mobile money+৳3,904.43
$5,0000.24%$0.99৳619,779.91with debit card to mobile money+৳6,006.95
$7,000This page0.24%$0.99৳867,740.97with debit card to mobile money+৳7,376.99
$10,0000.27%$0.00৳1,239,452.76with bank transfer to bank deposit+৳9,803.56
$50,0000.25%$0.00৳6,198,506.60with bank transfer to bank deposit+৳64,685.51
$100,0000.20%$0.00৳12,403,227.23with bank transfer to bank deposit+৳134,994.53
$250,0000.20%$0.00৳31,008,068.08with bank transfer to bank deposit+৳339,315.63

Mid-market rate: 1 USD = 124.2808 BDT

USD/BDT Exchange Rate History

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

The cheapest way to send USD 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 WorldRemit), across 30 days of comparisons for 7,000 USD transfers to Bangladesh.

BDT received for $7,000, after fees

Wed, Oct 28, 2026Mid-market rate৳869,965.84 WorldRemit ৳867,740.97WorldRemit৳867,740.97Sendwave৳867,740.97Regency FX৳867,616.93

850,000
855,000
860,000
865,000
870,000
875,000
At the mid-market rateWith the cheapest optionWorldRemitSendwaveRegency FX
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.2024 – ৳862,416.80
WorldRemit 123.1047 $0.99 ৳861,610.75 −৳806.05
Sendwave Cheapest 123.1047 $0.99 ৳861,610.75 −৳806.05
Regency FX 122.8698 $0.00 ৳860,088.27 −৳2,328.53
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.0593 – ৳861,415.00
WorldRemit 123.0578 $0.99 ৳861,282.70 −৳132.30
Sendwave Cheapest 123.0578 $0.99 ৳861,282.70 −৳132.30
Regency FX 122.7270 $0.00 ৳859,089.17 −৳2,325.82
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.2480 – ৳862,735.76
Regency FX Cheapest 122.9152 $0.00 ৳860,406.37 −৳2,329.39
WorldRemit No quote collected this day – – – –
Sendwave No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.6014 – ৳865,209.84
Regency FX Cheapest 123.2677 $0.00 ৳862,873.78 −৳2,336.06
WorldRemit 123.0924 $0.99 ৳861,525.29 −৳3,684.55
Sendwave No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 122.9210 – ৳860,446.90
WorldRemit 122.7708 $0.99 ৳859,273.78 −৳1,173.12
Sendwave Cheapest 122.7708 $0.99 ৳859,273.78 −৳1,173.12
Regency FX 122.5891 $0.00 ৳858,123.70 −৳2,323.20
Exchange rateFeeRecipient getsDifference
Mid-market rate 122.6786 – ৳858,750.39
WorldRemit 122.7708 $0.99 ৳859,273.78 +৳523.39
Sendwave Cheapest 122.7708 $0.99 ৳859,273.78 +৳523.39
Regency FX 122.3474 $0.00 ৳856,431.76 −৳2,318.63
Exchange rateFeeRecipient getsDifference
Mid-market rate 122.8516 – ৳859,960.96
WorldRemit 122.9307 $0.99 ৳860,393.41 +৳432.46
Sendwave Cheapest 122.9307 $0.99 ৳860,393.41 +৳432.46
Regency FX 122.5199 $0.00 ৳857,639.06 −৳2,321.89
Exchange rateFeeRecipient getsDifference
Mid-market rate 122.8710 – ৳860,097.21
Sendwave Cheapest 122.8812 $0.99 ৳860,046.96 −৳50.25
Regency FX 122.5393 $0.00 ৳857,774.95 −৳2,322.26
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 122.8352 – ৳859,846.74
Sendwave Cheapest 122.9117 $0.99 ৳860,260.15 +৳413.41
Regency FX 122.5036 $0.00 ৳857,525.15 −৳2,321.59
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.0879 – ৳861,615.40
Sendwave Cheapest 123.0723 $0.99 ৳861,384.12 −৳231.28
Regency FX 122.7556 $0.00 ৳859,289.04 −৳2,326.36
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 122.9181 – ৳860,426.87
WorldRemit 123.1072 $0.99 ৳861,628.73 +৳1,201.86
Sendwave Cheapest 123.1072 $0.99 ৳861,628.73 +৳1,201.86
Regency FX 122.5862 $0.00 ৳858,103.72 −৳2,323.15
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.3103 – ৳863,171.98
WorldRemit 123.0099 $0.99 ৳860,947.52 −৳2,224.46
Sendwave Cheapest 123.0099 $0.99 ৳860,947.52 −৳2,224.46
Regency FX 122.9773 $0.00 ৳860,841.42 −৳2,330.56
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.3103 – ৳863,171.98
Regency FX Cheapest 122.9773 $0.00 ৳860,841.42 −৳2,330.56
WorldRemit No quote collected this day – – – –
Sendwave No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.2295 – ৳862,606.28
Sendwave Cheapest 123.1385 $0.99 ৳861,847.31 −৳758.97
Regency FX 122.8967 $0.00 ৳860,277.24 −৳2,329.04
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.3293 – ৳863,305.42
Sendwave Cheapest 123.2545 $0.99 ৳862,659.34 −৳646.08
Regency FX 122.9964 $0.00 ৳860,974.50 −৳2,330.92
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 122.9208 – ৳860,445.82
WorldRemit Cheapest 123.3820 $0.99 ৳863,551.85 +৳3,106.03
Regency FX 122.5889 $0.00 ৳858,122.61 −৳2,323.21
Sendwave No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.3718 – ৳863,602.47
WorldRemit Cheapest 123.3510 $0.99 ৳863,334.95 −৳267.52
Regency FX 123.0387 $0.00 ৳861,270.74 −৳2,331.73
Sendwave No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.0145 – ৳861,101.45
WorldRemit Cheapest 122.9399 $0.99 ৳860,457.31 −৳644.14
Regency FX 122.6824 $0.00 ৳858,776.48 −৳2,324.97
Sendwave No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.1953 – ৳862,367.12
Sendwave Cheapest 122.9390 $0.99 ৳860,451.01 −৳1,916.11
Regency FX 122.8627 $0.00 ৳860,038.73 −৳2,328.39
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
WorldRemit 122.9390 $0.99 ৳860,451.01 –
Sendwave Cheapest 122.9390 $0.99 ৳860,451.01 –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.4187 – ৳863,931.06
WorldRemit Cheapest 123.5643 $0.99 ৳864,827.42 +৳896.36
Regency FX 123.0855 $0.00 ৳861,598.45 −৳2,332.61
Sendwave No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.7211 – ৳866,047.59
Sendwave Cheapest 123.5693 $0.99 ৳864,862.70 −৳1,184.89
Regency FX 123.3870 $0.00 ৳863,709.26 −৳2,338.33
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.4665 – ৳864,265.26
WorldRemit 123.6610 $0.99 ৳865,504.37 +৳1,239.11
Sendwave Cheapest 123.6610 $0.99 ৳865,504.37 +৳1,239.11
Regency FX 123.1331 $0.00 ৳861,931.75 −৳2,333.51
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.6986 – ৳865,890.08
Sendwave Cheapest 123.5045 $0.99 ৳864,409.09 −৳1,480.99
Regency FX 123.3646 $0.00 ৳863,552.18 −৳2,337.90
WorldRemit No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.6162 – ৳865,313.65
Regency FX Cheapest 123.2825 $0.00 ৳862,977.31 −৳2,336.34
WorldRemit No quote collected this day – – – –
Sendwave No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.5864 – ৳865,104.65
Regency FX Cheapest 123.2527 $0.00 ৳862,768.87 −৳2,335.78
WorldRemit No quote collected this day – – – –
Sendwave No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
WorldRemit 123.9285 $0.99 ৳867,376.95 –
Sendwave Cheapest 123.9285 $0.99 ৳867,376.95 –
Regency FX No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 123.4057 – ৳863,840.14
WorldRemit Cheapest 123.6408 $0.99 ৳865,362.99 +৳1,522.85
Regency FX 123.0725 $0.00 ৳861,507.77 −৳2,332.37
Sendwave No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 124.1741 – ৳869,218.78
Regency FX Cheapest 123.8388 $0.00 ৳866,871.89 −৳2,346.89
WorldRemit 123.8196 $0.99 ৳866,614.69 −৳2,604.09
Sendwave 123.8196 $0.99 ৳866,614.69 −৳2,604.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 124.2808 – ৳869,965.84
WorldRemit Cheapest 123.9805 $0.99 ৳867,740.97 −৳2,224.87
Sendwave 123.9805 $0.99 ৳867,740.97 −৳2,224.87
Regency FX 123.9453 $0.00 ৳867,616.93 −৳2,348.91

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.

Understanding USD/BDT exchange rate

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 USD 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 8 of the last 30 days.

Right now, WorldRemit pays 867,740.97 BDT on 7,000 USD, which is 2,224.87 BDT less than the mid-market amount.

Today's payout is the highest in the past month.

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 207 comparisons to check how often today's top companies were the cheapest across 8 amounts over the past month.

  1. WorldRemitAppeared in 90 comparisons

    Cheapest in 36% of them

  2. SendwaveAppeared in 87 comparisons

    Cheapest in 83% of them

  3. Regency FXAppeared in 108 comparisons

    Cheapest in 60% of them

Based on 207 comparisons across 8 amounts over the last 30 days.

Is the cheapest money transfer company always the best?

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 analyze companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today WorldRemit is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Ways to send money from the US to Bangladesh

There are 8 companies available for sending money from the US to Bangladesh, across app, online, broker, multi-currency account, global account, and in person, and more.

For regular transfers home

Money transfer apps

If you send a few hundred dollars home every payday, an app is usually the cheapest way and the least work.

WorldRemit charges $0.99 on a $7,000 transfer with 0.24% markup, saves your recipient's details for next time, and BDT arrives in minutes - 2 days.

Over the past month, WorldRemit was the cheapest app on 39% of the days it appeared for $7,000 transfers.

Funding from a US bank account or debit card avoids the 1% federal tax that applies to cash-funded transfers.

Sending without a US bank account

Cash & in-person transfers

Paying in cash at an agent can work without a US bank account.

The ID accepted depends on the company and the amount, so check before visiting if you do not have an SSN.

Hand $7,000 to a MoneyGram agent in the US, and your recipient will get 860,622.7 BDT in minutes - 24 hours.

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

However, transfers funded with cash or a money order carry a 1% federal tax since January 1, 2026. To avoid it, fund with a debit card or bank account instead (most agents take both).

For one-off transfers

Online transfers

For a one-off transfer, an online service funded from your checking account is usually the cheapest way to send money to Bangladesh.

Of all online companies listed here, Xe gets you the most BDT per USD.

On a $7,000 transfer, you will get 863,835.7 BDT after a $0 fee and 0.71% markup.

In our comparisons over the past month, it was the cheapest online service on 23 of the 30 days it quoted.

But, bank funding (ACH) takes 1 to 3 business days to clear, while debit cards (and Google Pay/Apple Pay) are usually instant but cost a bit more.

For transfers over $10,000

Currency brokers

For large transfers to Bangladesh (e.g. a property purchase, tuition, or moving to Bangladesh), a broker like Regency FX charges no fee, gives you a dedicated account manager, and adds 0.27% markup on USD/BDT that gets lower the more you send.

Our analysis shows Regency FX was the cheapest broker in 93% of the transfers from $5,000 it quoted.

It's also good to check Wise since you get a bulk discount on transfers over $25,000.

Business payments from the US

Global accounts

Global accounts are for US businesses paying people abroad.

Companies like Airwallex, WorldFirst, or Payoneer handle the recurring and batch payments, invoicing, tracking, and more.

Holding & spending currencies

Multi-currency accounts

A multi-currency account like Wise is the best for holding and receiving BDT.

This is useful for traveling to Bangladesh, building up BDT balance, or receiving payments in BDT.

Wise converts $7,000 at 0.07% markup plus small fee and holds the BDT until you spend it.

Over the past month, it came out cheapest among multi-currency accounts on 87% of days.

Ways to fund USD and receive BDT in Bangladesh

With WorldRemit, paying by debit card and receiving through mobile money is the cheapest combination. Sending $7,000 gives your recipient 867,740.97 BDT.

Deposit USD by debit card, bank transfer, credit card, and cash deposit.

The simplest way is to pay from your US checking account

Pay by bank transfer using your routing and account numbers.

An ACH payment is usually cheaper than a card, but it may take some time for it to clear before a money transfer company can send the money to Bangladesh.

You can deposit cash

You'll need to visit the nearest MoneyGram branch and hand over $7,000.

MoneyGram is the cheapest option and will get you 860,622.7 BDT on a $7,000 transfer after fees.

Transfers funded with physical cash are subject to the 1% US remittance transfer tax, but funding from a US bank account or with a US-issued debit or credit card is exempt.

Zelle, Venmo and Cash App only support domestic transfers, so they cannot send money to Bangladesh.

Your recipient in Bangladesh can collect BDT through bank deposit, mobile money, and cash pickup.

They can collect cash in Bangladesh

Your recipient can collect BDT from a participating MoneyGram location in Bangladesh.

They should take a valid photo ID and the collection reference, and check that the name on the transfer matches their ID.

  1. 1
    Debit card Mobile money

    You pay $7,000.00

    ৳867,741

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay $7,000.00

    ৳867,741

    ৳0

  3. 3
    Bank transfer Bank deposit

    You pay $7,000.00

    ৳867,617

    -৳124

  4. 4
    Debit card Cash pickup

    You pay $7,000.00

    ৳861,000

    -৳6,741

  5. 5
    Bank transfer Cash pickup

    You pay $7,005.99

    ৳860,620

    -৳7,121

Show moreShow less
  1. 6
    Cash deposit Cash pickup

    You pay $7,060.79

    ৳860,362

    -৳7,379

  2. 7
    Bank transfer Mobile money

    You pay $7,000.99

    ৳859,618

    -৳8,123

  3. 8
    Credit card Bank deposit

    You pay $7,177.99

    ৳858,631

    -৳9,110

  4. 9
    Credit card Cash pickup

    You pay $7,179.99

    ৳857,830

    -৳9,911

  5. 10
    Credit card Mobile money

    You pay $7,210.00

    ৳857,361

    -৳10,380

Things to consider before sending USD to Bangladesh

The way you fund the transfer now affects the tax, while US law gives you specific rights if something goes wrong.

Find the right USD/BDT company

Cheapest way to send money to Bangladesh

The cheapest option is WorldRemit, funded by debit card with mobile money for the payout. Your recipient gets 867,740.97 BDT, which is 0% 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 861,000 BDT, with the money arriving in minutes.

Cash-funded transfers now carry a 1% tax

Since January 1, 2026, a 1% federal tax applies when an international transfer is funded with cash, a money order, a cashier's check or a traveler's check.

Funding from a US bank account, including ACH, or with a US-issued debit or credit card is exempt.

The rule applies to how you pay in, so your recipient can still collect cash without triggering the tax.

The $10,000 rule is not a transfer limit

There is no federal cap on how much of your own money you can send electronically abroad.

Your bank or transfer company can set its own limit and ask for proof of where a large or unusual payment came from.

Cash reports and the declaration for physically carrying more than $10,000 across the US border are separate rules.

Do not split cash transactions to avoid a report.

You normally have 30 minutes to cancel

The US Remittance Transfer Rule requires a covered company to show the exchange rate, fees and expected amount received before you pay.

You can normally cancel within 30 minutes at no charge, provided the money has not been deposited or collected.

You also have error-resolution rights if the wrong amount arrives or the transfer never turns up.

Contact the company first and keep the receipt.

The CFPB explains the cancellation and error process.

Need to send a large amount of USD to Bangladesh?

For transfers over $10,000, Wise is the best option.

It offers the best exchange rate, which is more important than the fee for large transfers to Bangladesh.

While Wise may not always be the cheapest or fastest way to send BDT, they offer years of experience, and will offer you the peace of mind you need when sending large amounts abroad.

Read Review

How we analyze the market

We track, save, and analyze the cost, speed, and product offerings of the leading money transfer services available between Bangladesh and United States.


We work with leading money transfer companies to provide real time fees and exchange rates. In the past 30 days alone, we analyzed 207 comparisons across 8 amounts.

This page covers the cheapest and fastest options for USD/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.

For a deeper understanding of our commitment to integrity and transparency, check out these articles:

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