How to send money to Bangladesh from Singapore with the best SGD-BDT rate
Compare the best deals on transfers from Singapore to Bangladesh. Explore the cheapest, fastest, and most reliable providers with the best SGD to BDT exchange rates.
Read on for the insights and in-depth analysis, and all you need to send money to Bangladesh from Singapore.
"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."
"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."
"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."
"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."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"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."
"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."
"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."
"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."
Our recommendation: Wise
We tested & reviewed 5 money transfer providers offering money transfers from Singapore to Bangladesh, and Wise scored highly.
Sending 10,000 SGD to BDT will cost you $72.67 in fees, and you will receive 936,880.85 BDT. The delivery time usually is within a week.
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 5 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: Wise
Data collected over the past week shows that Wise is 0.22% cheaper than the second-best option.
Wise offers this through a combination of 72.67 SGD fee per transfer and exchange rate between SGD-BDT that is -0.61% different to the mid-market rate
If you want the cheapest way to send Singapore Dollar to Bangladesh, Wise is our recommended choice.
Fastest way to transfer money to Bangladesh from Singapore: Panda Remit.
Of 5 companies compared, Panda Remit offers the quickest way to send Singapore Dollars to Bangladesh.
For example, sending $10,000 to Bangladesh with Panda Remit will be minutes - 24 hours.
But, it can be quicker or longer depending on the exact amount, as well as the day and time of your transfer.
Singapore to Bangladesh transfers with Panda Remit have a fee of 4 SGD.
To test that Panda Remit was the 'fastest' option we compared 5 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, Panda Remit is our recommended choice for sending into Bangladesh from Singapore.
Sending large sums of money?
Of the 5 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 94.4539 BDT per Singapore Dollar.
For reference, the SGD-BDT average mid-market rate for the past 7 days has been 94.3405 BDT per Singapore Dollar, with a high of 94.6971 and a low of 93.8023.
The company offering the best exchange rate is Wise.
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 Wise, cahrging 72.67 SGD per transfer. 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 7 days, the average numbers are:
The exchange rate from SGD to BDT averaged 94.3405 BDT.
The highest value recorded was 94.6971 BDT, while the lowest was 93.8023 BDT.
5 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 Wise for transfers from Singapore to Bangladesh, will mean being able to send money via a bank transfer while benefiting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers of the 5 we compared for transfers from SGD to Bangladesh.
To send money from Singapore to Bangladesh, Wise has a fee of 72.67 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 5 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card transfers from Singapore to Bangladesh, we to get the best deal.
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 and review methodology.
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Tools & resources
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