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Companies for transfers from Singapore 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."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"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."
"Send money to over 40 destinations online and in the mobile app."
Our recommendation: Wise
We tested & reviewed 6 money transfer providers offering money transfers from Singapore to Bangladesh, and Wise scored highly.
In total, Wise appeared in 100% of Singapore to Bangladesh searches, and was the top rated company supporting transfers between SGD and BDT.
For a great mix of cost, speed & features, we recommend making your Singapore to Bangladesh transfer using Wise.
How to get the best deal on your Singapore 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 Singapore to Bangladesh.
- Choose a provider
Select the provider that offers you the best value and timeframes for transfers between Singapore and Bangladesh.
- Click, sign up & send
Follow the steps & make your transfer to Bangladesh. Your funds will be sent from Singapore and converted into Taka.
Summary of recent searches
What to consider ahead of money transfers from Singapore to Bangladesh
Comparing based on your specific needs is the best way to send money from Singapore to Bangladesh with confidence.
Our analysis, and search results, include 6 providers that operate between Singapore 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 Singapore when you need to send money to Bangladesh.
Cheapest way to transfer money to Bangladesh from Singapore: Revolut
Data collected over the past six months shows that Revolut is 0.4% cheaper than the second-best option.
Revolut offers this through a combination of an average 0* SGD fee per transfer and exchange rate between SGD-BDT that is 0.2% different to the mid-market rate
If you want the cheapest way to send Singapore Dollar to Bangladesh, Revolut is our recommended choice.
*The most common fee applied to SGD-BDT by Revolut, based on data from the past six months.
Fastest way to transfer money to Bangladesh from Singapore: Ria Money Transfer.
Through our data, we found Ria Money Transfer to be the fastest option for sending money from Singapore into Taka in 100% of occasions. For fast SGD to BDT money transfers, Ria Money Transfer comes highly recommended.
Singapore to Bangladesh transfers with Ria Money Transfer have an average fee of 4 SGD.
To test that Ria Money Transfer was the 'fastest' option we compared 6 providers. With this, we compared overall speed of sending money from Singapore to Bangladesh made up of depositing Singapore Dollars, to a money transfer account and transfer times to Bangladesh.
When sending at speed is a priority, Ria Money Transfer is our recommended choice for sending into Bangladesh from Singapore.
Sending large sums of money?
Of the 6 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 Singapore can be expensive.
Wise is our choice for big transfers to SGD because of all round price, speed and management when making large transfers.
Understanding the costs involved when transferring money from Singapore to Bangladesh
When calculating the costs of money transfers between Singapore and Bangladesh, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the SGD-BDT mid-market rate equals 90.5875 BDT per Singapore Dollar.
For reference, the SGD-BDT average mid-market rate for the past three months has been 89.7285 BDT per Singapore Dollar, with a high of 92.1199 and a low of 87.3372.
The company offering the best exchange rate is Revolut.
Often the SGD-BDT exchange rate you receive is the bigger factor than how much it costs to send Singapore Dollars to Bangladesh.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Revolut, averaging 0 SGD 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 Singapore to Bangladesh. Essentially, the more the recipient receives in Bangladesh, the less it is costing to send from Singapore.
Track the exchange rate for Singapore Dollar to Taka
Sending money at the right time between SGD and BDT can make a huge difference to overall cost. The exchange rate impacts how much BDT you get for your SGD.
Over the last six months, the average numbers are:
The exchange rate from SGD to BDT averaged 89.7285 BDT.
The highest value recorded was 92.1199 BDT, while the lowest was 87.3372 BDT.
6 providers currently offer transfers between Singapore and Bangladesh close to this rate.
Want to secure the best SGD-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 Singapore to Bangladesh!
How to pay for money transfers between Singapore and Bangladesh
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Singapore to Bangladesh.
Using a money transfer company such as Revolut for transfers from Singapore to Bangladesh, will mean being able to send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Revolut is the cheapest provider for bank transfers of the 6 we compared for transfers from SGD to Bangladesh.
To send money from Singapore to Bangladesh, Revolut has an average fee of 0 SGD.
Debit cards and prepaid options
Sending money from Singapore to Bangladesh with a debit card or a prepaid card is very simple with Wise.
Wise is the cheapest option for sending money with a debit card between Singapore and Bangladesh. This is of the 6 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card money transfers from Singapore to Bangladesh, emerges as our top choice of the 6 companies offering this service.
Be aware of fees: 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 Singapore.
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 Singapore to Bangladesh.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SGD 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
