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Send Money from Cyprus (EUR) to Bangladesh (BDT)

Transfer EUR to BDT quickly and easily by comparing the latest exchange rates, and best provider fees, speed and reviews from Cyprus to Bangladesh.

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Amount
2000
EUR
BDT
Cyprus
EUR
Bangladesh
BDT
EUR
Top Provider
Amount Received
By Bank Transfer
 186,365.44
BDT
Fees: €21.99
Rate: 93.18272
Payment Options
Speed
Debit Card
Minutes
Credit Card
Minutes
Bank Transfer
Minutes
Key Features
First 3 Transfers Free - use the code 3FREE
Get $10 off when you spend $20
90% transfers completed in minutes
No domestic transfers
Amount Received
By Bank Transfer
 193,231.86
BDT
Fees: 0
Rate: 96.61593
Payment Options
Speed
Debit Card
Minutes
Credit Card
Minutes
Bank Transfer
Minutes
Key Features
No fee for first 2 transfers
Cash pickup to over 200,000 locations
Trusted by more than 1 million customers
Amount Received
By Bank Transfer
 191,848.88
BDT
Fees: €15.00
Rate: 96.64931 *
Payment Options
Speed
Bank Transfer
2 Days
Debit Card
2 Days
Key Features
Fast and Reliable Service
Low Cost
Current Mid-Market Rate: 1 EUR = 96.649319 BDT
* Some rates may be indicative.

Best Providers for Sending Money to Bangladesh from Cyprus

When considering how to send money Bangladesh from Cyprus there are some key aspects of the transfer that will impact the best provider for your needs. 

There are plenty of international money transfer providers for Cyprus to Bangladesh. The fastest provider is WorldRemit. The cheapest provider we found is Azimo at % Above Mid-Market Rate.

If you’re looking for the best combination of price, speed, and reliability we recommend using WorldRemit when sending EUR – BDT.

This means that by using WorldRemit for online money transfers to Bangladesh from Cyprus, you are likely to save on transfer fees and benefit from fast speeds – so your recipient will get more money and have it delivered in less time.

Alternatively, if you are unable to access WorldRemit for any reason, our comparison engine has found Azimo and Instarem also to be very good options when sending EUR to BDT.

The cheapest way to send money from Cyprus to Bangladesh

The cost of transferring money will depend on the value of the transaction and amount of BDT you want the recipient in Bangladesh to receive. 

In order to avoid high fees, you should consider the cheapest way to send money from Cyprus to Bangladesh.  

Azimo has been determined by our comparison engine to be currently offering you the cheapest rates possible.

The fastest way to send money from Cyprus to Bangladesh

When sending money from Cyprus to Bangladesh, speed is one of the biggest factors you need to consider in terms of the service offered by different money transfer providers, particularly if you want to send money instantly. Currently, WorldRemit is the fastest way to send EUR – BDT.

What payment methods are available when sending money from Cyprus to Bangladesh?

Most money transfer providers allow you to deposit and send money using various payment methods, but not all providers offer every option. Typically you’ll find the most common methods are bank transfers and card payments, but many providers also accept cash and some will even deliver funds straight to your recipient’s door.

Sending money to Bangladesh from Cyprus using credit card

To avoid high fees you can opt to use an online money transfer provider such as WorldRemit to pay for your transfer to Bangladesh. Our guide on sending money using a credit card has more information. 

Sending money to Bangladesh from Cyprus using a debit card

With WorldRemit you can send money online to Bangladesh using your debit card. But before making a payment, make sure you understand all the processing fees in place. Our guide on sending money using a debit card has more information. 

Using a wire transfer to send money from Cyprus to Bangladesh

Bank and international wire transfers are the most common ways of sending money Bangladesh as they are secure, reliable, and convenient. However, they often come with the slowest delivery times in case speed is an important factor for you. You can use WorldRemit to send money using a bank or wire transfer at a great rate as long as you’re happy for your transfer to take 1-2 days.

When sending money to Bangladesh from Cyprus using bank account transfer you are paying for the outgoing fees, flat fees, currency exchange rate markup, and sometimes an additional incoming transfer fee. If you do decide to make an international transfer using wire transfer, you might be required to use a SWIFT/BIC code when completing your transaction. If you’re unsure of what it is, check out our guide on what is a SWIFT code as well as use our SWIFT code calculator to find the right SWIFT/BIC code.

On the other hand, you usually only pay a sender fee and a small exchange rate markup when using online money transfer services such as WorldRemit, Azimo and Instarem.

Considerations for a EUR to BDT Currency Transfer

Before sending money to Bangladesh from Cyprus, you should consider the following:

  1. The amount you want to transfer: It is likely that the more money you send to Bangladesh the more value you will get and more BDT the recipient will receive. This is because any flat fee charged ends up as a smaller percentage of your transfer amount, and also because many providers allow you to negotiate a better exchange rate margin if sending large amounts.
  2. The EUR – BDT exchange rate margin: Money transfer providers charge a small percentage on top of the mid-market exchange rates in order to generate revenue. Current mid market rate is 96.649319 and the lowest exchange rate margin is currently offered by WorldRemit at % above the mid market rate.
  3. Hidden fees & charges: Before sending money to Bangladesh, make sure the provider you are using doesn’t charge any hidden fees. Our reviews of the top ranked providers WorldRemit, Azimo and Instarem will give insight here.

How to send money from Cyprus to Bangladesh at the best rate?

This one’s easy. Simply use our comparison table above to find the best provider to send EUR to BDT. After that it’s just a process of making your transfer via the following steps:

  1. Click “Visit Site” inside our comparison table
  2. Register for an account if required
  3. Input how much you are willing to send
  4. Fund your transfer
  5. Receive & save an email confirming your transfer

How to receive transfers from EUR to BDT in Bangladesh?

Your recipient has a few methods available to receive your money in Bangladesh. These will vary between providers, but it is possible to find services that will:

If your recipient is going to collect or have the money delivered to them in Bangladesh, then they will usually need the following:

How much money can be transferred from Cyprus to Bangladesh?

The amount of BDT you can receive from Cyprus will largely depend on the money transfer service you are using. There are providers that specialise in smaller remittance payments, and providers who specialise in larger transfers. 

You should also check if there are any government regulations pertaining to the amount of BDT that can be received in Bangladesh or sent from Cyprus before making your transfer.

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Keith Hodges
Written by
Keith Hodges

Keith is a digital specialist with a background in the financial industry, both as a marketeer and a journalist. Keith joined MoneyTransfers.com in order to take the business to the next level and expand our offering in multiple international money transfer markets.