.svg)
Send money from India to Bangladesh
While you can’t send INR to BDT with Wise, you can transfer USD to USD.
"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."
How to send money from India to Bangladesh
Sending money from India to Bangladesh doesn’t have a huge amount of options. Because of this, we suggest sending money via:
Wise (USD/USD or EUR/EUR transfers)
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.
Sending money from India to Bangladesh: key insights and tips
Don't settle for the first option. Always compare ways to send money from India to Bangladesh to find out about fees, speed, and reliability.
Your analysis should include all the providers that operate between India and Bangladesh. 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 send money from India to Bangladesh
Without any money transfer providers serving the India to Bangladesh route, the cheapest money transfer options are limited.
We would recommend using:
Understanding the costs involved when moving money from India to Bangladesh
When calculating the costs of money transfers between India and Bangladesh, here's what really matters:
The Mid-Market Rate: Today, the INR-BDT mid-market rate equals to 1.387. Keep in mind that this rate fluctuates all the time.
The INR-BDT average exchange rate of the past week has been 1.3867, with a highest of 1.3901 and a lowest of 1.3832.
Fees and Markups: When you pick a service with competitive exchange rates and low fees, you get to make the most out of your INR to BDT transfers. This strategy keeps your costs down, offering a smart way to handle your international transactions.
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 7 days, the average numbers are:
The exchange rate from INR to BDT averaged 1.3867 BDT.
The highest value recorded was 1.3901 BDT, while the lowest was 1.3832 BDT.
6 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!
What payment methods are available when sending money from India to Bangladesh?
Sending bank transfers from India to Bangladesh
Bank transfers are the most common way of sending INR to Bangladesh as they are secure, reliable, and convenient.
If you want to send Indian Rupees to Bangladesh via bank transfer, you can use your bank where no provider is available, but it will likely be at a bad exchange rate.
Sending money from India to Bangladesh by credit card
Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.
If you want to send Indian Rupees to Bangladesh with a credit card.
Note: Beware of chargesCredit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.
Sending money from India to Bangladesh by payment apps
If you’d like to send money from India to Bangladesh via payment app, follow these steps:
Download the app and register. Download the app from the App Store or Google Play. You’ll need to register to be able to open an account. Make sure the app services transfers from India to Bangladesh.
Enter your details. Enter any of the details required. You may need a valid form of ID.
Start your transfer. Enter the details of your recipient. Some apps will require full payment details, while others allow you to pay with just an email address. You may need to state that you’re planning to send money to Bangladesh in Taka at this stage.
Check the details. It’s vital that you check the details you’ve added to make sure everything is correct. It can be very difficult to reverse a transfer, and most payment apps don’t let you cancel a transfer from India to Bangladesh after it’s been sent.
Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the INR to BDT exchange rate. Check the rate they’re offering against the mid-market rate to make sure you’re getting a good deal.
The current mid-market rate of INR to BDT is 1.387
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 and review methodology.
Money transfer company reviews
