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Companies for transfers from India 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."
"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."
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
Best way to send: Wise
We tested & reviewed 8 money transfer companies offering services between India and Bangladesh, and Wise scored highly.
In total, Wise appeared in 67.9% of India to Bangladesh searches, and was the top rated company out of 8 that support transfers into Taka.
So for a great mix of cost, speed & features, make your India to Bangladesh transfer using Wise.
How to get the best deal on your India to Bangladesh money transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to get the best exchange rates on sending money from India to Bangladesh.
- Choose a provider
Select the provider that offers you the best value and timeframes for transfers between India and Bangladesh.
- Click, sign up & send
Follow the steps & make your transfer to Bangladesh. Your funds will be sent from India and converted into Taka.
Summary of recent searches
What to consider ahead of money transfers from India to Bangladesh
Comparing based on your specific needs is the best way to send money from India to Bangladesh with confidence.
Our analysis, and search results, include 8 providers that operate between India and Bangladesh. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in India when you need to send money to Bangladesh.
Cheapest way to transfer money to Bangladesh from India: Wise
Data collected over the past six months shows that Wise is -0.7% cheaper than the second-best option.
Wise offers this through a combination of an average 3,953.54* INR fee per transfer and exchange rate between INR-BDT that is 0.09% different to the mid-market rate
If you want the cheapest way to send Indian Rupee to Bangladesh, Wise is our recommended choice.
*The most common fee applied to INR-BDT by Wise, based on data from the past six months.
Fastest company to send money to Bangladesh from India: Ria Money Transfer.
Through our data, Ria Money Transfer was the quickest way to send money from India to Taka 92.8% of the time.
Sending money through Ria Money Transfer to Bangladesh from India has an average fee of 4 INR.
To understand who was the fastest, we tested Ria Money Transfer as part of 8 money transfer providers. Within this, we looked at the overall speed of sending money from India to Bangladesh. This was made up of transfer times to Bangladesh after Indian Rupees were added to a money transfer account.
When fast money transfers between India and Bangladesh are a priority, Ria Money Transfer is our recommended choice.
Sending large sums of money?
Of the 8 companies tested, Wise is the best rated for larger transfer amounts.
Whether for a property purchase, or as a gift, sending large amounts of money to Bangladesh from India can be expensive.
Wise is our choice for big transfers to INR because of all round price, speed and management when making large transfers.
Understanding the costs involved when transferring money from India to Bangladesh
When calculating the costs of money transfers between India and Bangladesh, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the INR-BDT mid-market rate equals 1.4042 BDT per Indian Rupee.
For reference, the INR-BDT average mid-market rate for the past three months has been 1.4172 BDT per Indian Rupee, with a high of 1.435 and a low of 1.3898.
The company offering the best exchange rate is Wise.
Often the INR-BDT exchange rate you receive is the bigger factor than how much it costs to send Indian Rupees to Bangladesh.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Wise, averaging 3,953.54 INR over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.
Amount Received: The amount received in Taka is the biggest indicator the total cost of sending money from India to Bangladesh. Essentially, the more the recipient receives in Bangladesh, the less it is costing to send from India.
Track the exchange rate for Indian Rupee to Taka
Sending money at the right time between INR and BDT can make a huge difference to overall cost. The exchange rate impacts how much BDT you get for your INR.
Over the last six months, the average numbers are:
The exchange rate from INR to BDT averaged 1.4172 BDT.
The highest value recorded was 1.435 BDT, while the lowest was 1.3898 BDT.
8 providers currently offer transfers between India and Bangladesh close to this rate.
Want to secure the best INR-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 India to Bangladesh!
Payment methods available to fund your India to Bangladesh transfer
Bank transfers
Bank transfers are often the better option for money transfers from India to Bangladesh.
Sending money via a bank transfer with a company such as Wise for transfers from India to Bangladesh allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Wise is the best provider for bank transfers of the 8 we tested when sending INR to Bangladesh.
With an average fee of INR3,955.19 to send money from India to Bangladesh, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Bangladesh with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from India to Bangladesh, competing among a total of 8 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from India to Bangladesh, emerges as our top choice of the 8 companies offering this service.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Bangladesh and India.
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 India to Bangladesh.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR 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
