MoneyTransfers
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Find the best ways to transfer money from South Africa to Bangladesh

Compare the best deals on transfers from South Africa to Bangladesh. Explore the cheapest, fastest, and most reliable providers with the best ZAR to BDT exchange rates.

Read on for the insights and in-depth analysis, and all you need to send money to Bangladesh from South Africa.

Transferring the other way? Send BDT from Bangladesh to South Africa instead.
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June 6th, 2025
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Overall best way: Wise

Wise is our recommended company for ZAR to BDT transfers.

Wise scored the highest of the 3 money transfer companies supporting ZAR to BDT transfers.

In total, Wise appeared in 50% of South Africa to Bangladesh searches.

For a great mix of cost, speed & features, we advise using Wise for your South Africa to Bangladesh transfer.

Wise is the top rated company for sending money from South Africa (ZAR) to Bangladesh (BDT) - Wise Screenshot

How to get the best deal on your South Africa to Bangladesh money transfer

Summary of recent searches

Top rated for transfers from South Africa to Bangladesh
Wise
Total number of ZA - BD providers
3
Average cheapest fees & rate
Instarem
Average fastest transfer
Instarem
Best for bank transfers
Wise
Best for debit card
Instarem

What to consider ahead of money transfers from South Africa to Bangladesh

1
Compare providers

Comparing based on your specific needs is the best way to send money from South Africa to Bangladesh with confidence.

Our analysis, and search results, include 3 providers that operate between South Africa 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 South Africa when you need to send money to Bangladesh.

2
Understand the Rand-Taka exchange rate
3
Choose the right payment method
4
Use providers regulated in South Africa 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 South Africa: Wise

Wise offers the lowest cost transfers of the 3 providers we compared.

Data collected over the past week shows that Wise is 5.6% cheaper than the second-best option.

Wise offers this through a combination of an average 0.99* ZAR fee per transfer and exchange rate between ZAR-BDT that is -0.26% different to the mid-market rate

If you want the cheapest way to send Rand to Bangladesh, Wise is our recommended choice.

*The most common fee applied to ZAR-BDT by Wise, based on data from the past 7 days.

Wise is the cheapest way to send money from South Africa (ZAR) to Bangladesh (BDT) - Wise Screenshot

Fastest way to send money from South Africa to Bangladesh: Instarem.

Instarem is the quickest way to send Rand to Bangladesh of the 3 companies offering the service.

Data from the last 7 days shows Instarem to be the quickest way to send money from South Africa to Taka in 33.3% of searches. For fast transfers between ZAR and BDT, Instarem comes highly recommended.

Using Instarem for fast transfers from South Africa to Bangladesh has an average fee of 0.99 ZAR.

Within our comparison we looked at the 3 money transfer providers offering transfers from South Africa to Bangladesh. Within this we looked at overall speed of sending money from South Africa to Bangladesh after depositing Rand to a money transfer account.

When faster money transfers are a priority, Instarem is our recommended choice for sending into Bangladesh from South Africa.

Instarem is the fastest way to send money from South Africa (ZAR) to Bangladesh (BDT) - Instarem Screenshot 1
Instarem is the fastest way to send money from South Africa (ZAR) to Bangladesh (BDT) - Instarem Screenshot 2

Sending large sums of money?

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

Of the
3 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 South Africa can be expensive.

Wise is our choice for big transfers to ZAR because of all round price, speed and management when making large transfers.

Understanding the costs involved when transferring money from South Africa to Bangladesh

When calculating the costs of money transfers between South Africa and Bangladesh, opt for the best combination of fees and exchange rates:

The Mid-Market and Exchange Rates: Today, the ZAR-BDT mid-market rate equals 6.875 BDT per Rand.

  • For reference, the ZAR-BDT average mid-market rate for the past 7 days has been 6.5618 BDT per Rand, with a high of 6.6209 and a low of 6.4931.

  • The company offering the best exchange rate is Wise.

  • Often the ZAR-BDT exchange rate you receive is the bigger factor than how much it costs to send Rands to Bangladesh.

Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Instarem, averaging 0.99 ZAR over the last week. 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 South Africa to Bangladesh. Essentially, the more the recipient receives in Bangladesh, the less it is costing to send from South Africa.

Track the exchange rate for Rand to Taka

Sending money at the right time between ZAR and BDT can make a huge difference to overall cost. The exchange rate impacts how much BDT you get for your ZAR.

Mid-market Rate
1 
=
6.875048 
BDT

Over the last 7 days, the average numbers are:

  • The exchange rate from ZAR to BDT averaged 6.5618 BDT.

  • The highest value recorded was 6.6209 BDT, while the lowest was 6.4931 BDT.

  • 3 providers currently offer transfers between South Africa and Bangladesh close to this rate.

Want to secure the best ZAR-Taka exchange rates?

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Payment options for South Africa to
Bangladesh money transfers

  • Bank transfers

    Bank transfers are usually the best and easiest way to send money from South Africa to Bangladesh.

    By using a money transfer company such as Wise for transfers from South Africa to Bangladesh, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates than you would get from a traditional bank.


    Wise is the cheapest money transfer company for bank transfers from the 3 we compared for transfers from ZAR into Bangladesh.

    With an average fee of 12.11 ZAR to send money from South Africa to Bangladesh, Wise offers a strong combination of competitive exchange rates and lower fees.


  • Debit cards and prepaid options

    Sending money from South Africa to Bangladesh with a debit or a prepaid card is available through Wise.


    Wise is a one of the cheaper options for debit card payments for transfers from South Africa to Bangladesh. This cost is against a total of 3 money transfer companies offering this option.

  • Credit cards

    When it comes to international credit card transfers from South Africa 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. Where possible, we recommend a bank transfer or debit card payment.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Bangladesh and South Africa.


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 South Africa to Bangladesh.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ZAR 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 South Africa to Bangladesh?
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How long does it take to send money from South Africa to Bangladesh?
What is the best exchange rate I can get for sending money from South Africa to Bangladesh?
Are there any minimum or maximum transfer amounts for sending money from South Africa to Bangladesh?
Can I schedule regular transfers between South Africa 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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