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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.

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July 8th, 2025
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Best money transfer companies

Send money from Singapore to Bangladesh

Last updated: Today
Mid-market rate as of 07/08/2025: 1 SGD = 95.603529 BDT
Results below are based on a 10000 SGD search
0 of 6 providers
Sponsored
Wise
Recipient gets (BDT)
৳943,348.96
Full transfer details
Visit Wise
৳15,995 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (BDT)
৳927,724.00
Full transfer details
Visit Xe
৳370 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Live Rates
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1
Instarem
Recipient gets (BDT)
৳950,927.00
Full transfer details
Visit Instarem
৳23,573 better than a typical bank*

"Most transfers are instant or same-day. Customers can earn rewards on every transaction."

Personal account manager
Multi-currency card
Receive to bank account
2
Wise
Recipient gets (BDT)
৳943,348.96
Full transfer details
Visit Wise
৳15,995 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
3
Remitly
Recipient gets (BDT)
৳939,700.00
Full transfer details
Visit Remitly
৳12,346 better than a typical bank*

"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."

Personal account manager
Multi-currency card
Receive to bank account or cash pickup
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
4
Xe
Recipient gets (BDT)
৳927,724.00
Full transfer details
Visit Xe
৳370 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Mid-market rate updates every 60 minutes
Estimated Rates
We don't have access to live rates from these companies. Instead, we've researched their average exchange rates and fees.
Panda Remit
Recipient gets (BDT)
৳952,785.92
Sponsored
Wise
Recipient gets (BDT)
৳943,348.96
Full transfer details
Visit Wise
৳15,995 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (BDT)
৳927,724.00
Full transfer details
Visit Xe
৳370 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions

Our recommendation: Wise

Wise is our top choice for SGD to BDT transfers.

We tested & reviewed 6 money transfer providers offering money transfers from Singapore to Bangladesh, and Wise scored highly.

Sending 10,000 SGD to BDT will cost you $122.29 in fees, and you will receive 943,348.96 BDT. The delivery time usually is next day.

For a great mix of cost, speed & features, we recommend making your Singapore to Bangladesh transfer using Wise.

Wise is the top rated company for sending money from Singapore (SGD) to Bangladesh (BDT) - Wise Screenshot

How to get the best deal on your Singapore to Bangladesh money transfer

Summary of recent searches

Top rated for transfers from Singapore to Bangladesh
Wise
Total number of SG - BD providers
6
Average cheapest fees & rate
Panda Remit
Average fastest transfer
Panda Remit
Average transfer time
Within minutes
Best for bank transfers
Panda Remit
Best for debit card
Instarem

What to consider ahead of money transfers from Singapore to Bangladesh

1
Compare providers

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.

2
Understand the Singapore Dollar-Taka exchange rate
3
Choose the right payment method
4
Use providers regulated in Singapore and Bangladesh
5
Consider transfer limits
6
Receiving money in Bangladesh
7
Have your ID ready
8
Don't forget about taxes

Cheapest way to transfer money to Bangladesh from Singapore: Panda Remit

Panda Remit offers the lowest cost transfers of the 6 providers we compared.

Data collected over the past week shows that Panda Remit is 0.16% cheaper than the second-best option.

Panda Remit offers this through a combination of 4 SGD fee per transfer and exchange rate between SGD-BDT that is 0.3% different to the mid-market rate

If you want the cheapest way to send Singapore Dollar to Bangladesh, Panda Remit is our recommended choice.

Fastest way to transfer money to Bangladesh from Singapore: Panda Remit.

Of 6 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 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, Panda Remit is our recommended choice for sending into Bangladesh from Singapore.

Sending large sums of money?

For transferring a bigger sum of money to Bangladesh from Singapore, we’d recommend using a provider that can offer a hands-on approach.

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 95.1652 BDT per Singapore Dollar.

  • For reference, the SGD-BDT average mid-market rate for the past 7 days has been 96.1055 BDT per Singapore Dollar, with a high of 96.4562 and a low of 95.6035.

  • 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 Panda Remit, cahrging 4 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.

Mid-market Rate
1 
SGD
=
95.161970 
BDT

Over the last 7 days, the average numbers are:

  • The exchange rate from SGD to BDT averaged 96.1055 BDT.

  • The highest value recorded was 96.4562 BDT, while the lowest was 95.6035 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 Panda Remit 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, Panda Remit 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, Panda Remit has a fee of 4 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 transfers from Singapore to Bangladesh, we recommend comparing your options 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 document.

Money transfer company reviews

How much money can be transferred from Singapore to Bangladesh?
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What are the typical transfer fees for sending Singapore Dollars to Bangladesh through various providers?
How long does it take to send money from Singapore to Bangladesh?
What is the best exchange rate I can get for sending money from Singapore to Bangladesh?
Are there any minimum or maximum transfer amounts for sending money from Singapore to Bangladesh?
Can I schedule regular transfers between Singapore and Bangladesh?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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