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Companies for transfers from Canada to Bangladesh
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"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."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
"Xoom, a PayPal service, allows you to send money in more than 160 countries. You can send cash for over-the-counter pickup or home delivery, as well as send by bank transfer or debit card."
"Sendwave is trusted by over 1 million users across the US, UK, Canada and EU. 24/7 support is available online and via the app."
"Send money to over 40 destinations online and in the mobile app."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
"Send money securely from Canada to 100+ countries worldwide."
Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 83.3% of Canada to Bangladesh searches, and was the top rated company out of 13 that support CAD to BDT.
So for a great mix of cost, speed & features, make your Canada to Bangladesh transfer using Wise.
How to get the best deal on your Canada to Bangladesh transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Canada to Bangladesh.
- Choose a provider
Select the provider that offers you the best value & service for your needs
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Canada to Bangladesh
Don't settle for the first option. Always compare ways to send money from Canada to Bangladesh to find out about fees, speed, and reliability.
Our analysis included 13 providers that operate between Canada and Bangladesh.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Bangladesh.
Cheapest way to send money to Bangladesh from Canada: Remitly
Data collected over the past six months shows that Remitly is 0.6% cheaper than the second-best option.
The $0 transfer cost represents the most common fee for CAD to BDT international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to Bangladesh transfer, make sure you pick Remitly to send your money online.
*The most common fee applied to CAD-BDT by Remitly, based on data from the past six months.
Fastest way to send money from Canada to Bangladesh: Ria Money Transfer
Our data shows that Ria Money Transfer came up as the fastest way to send money from Canada to Bangladesh in 83.3% of searches. This makes them well suited to urgent CAD to BDT money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Bangladesh - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Ria Money Transfer is your best choice at the moment. This service emerged as the quickest way to send money to Bangladesh from Canada in 83.3% of the searches on MoneyTransfers.com over the past six months.
Need to send over 10,000 AUD?
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 CAD from Canada to Bangladesh, it’s the provider that will keep you safe and relaxed while your money moves into BDT.
Understanding the costs involved when moving money from Canada to Bangladesh
When calculating the costs of money transfers between Canada and Bangladesh, here's what really matters:
The Mid-Market Rate: Today, the CAD-BDT mid-market rate equals to 87.8274 BDT per Canadian Dollar.
The CAD-BDT average exchange rate for the past three months has been 85.2623 BDT per Canadian Dollar, with a high of 86.1997 and a low of 82.8116.
When looking to send money, we'd recommend Remitly. On average Remitly 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 CAD to BDT.
How to find the best exchange rate for Canadian Dollar to Taka
Timing is essential for sending money between CAD and BDT. The exchange rate you secure impacts how much BDT you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to BDT has seen some fluctuation. On average, it stood at 85.2623.
During this period, the highest value recorded was 86.1997, while the lowest was 82.8116.
Wise, which is our recommended service to send money online from Canada to Bangladesh offers an exchange rate that is only -0.01% above the mid-market rate.
Want to secure the best CAD-Taka exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Canada to Bangladesh!
Payment methods available to fund your Canada to Bangladesh transfer
Bank transfers
Bank transfers are often the default option for sending money from Canada to Bangladesh.
By using a money transfer company such as Remitly for transfers from Canada to Bangladesh, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Remitly is the cheapest provider for bank transfers from the 13 we tested when sending CAD to Bangladesh.
With an average fee of CAD0 to send money from Canada to Bangladesh, Remitly offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Canada to Bangladesh with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Canada to Bangladesh, competing among a total of 13 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Canada to Bangladesh, emerges as our top choice of the 13 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 Bangladesh and Canada.
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 Canada to Bangladesh.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to BDT.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
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