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Send money from South Africa to Bangladesh
While you can’t send ZAR 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 South Africa to Bangladesh
Sending money from South Africa to Bangladesh doesn’t have a huge amount of options. Because of this, we suggest sending money via:
An agent like Western Union, MoneyGram, or Ria Money Transfer
Wise (USD/USD or EUR/EUR transfers)
Send cash to Bangladesh from South Africa
Agents are physical stores where you hand in ZAR as cash and the receiver picks it up from the store in Bangladesh.
Western Union Agent
We suggest using Western Union agent as it's reputable, fast, and is partnered with multiple banks in South Africa.
The fees and rates will vary from day to day and based on your transfer amount, but it's still much cheaper than using your bank directly.
To get started, find the closest WU agent using the store locator, fill in the forms at the counter, pay for your transfer and let the recipient know.
Most transfers will be available for collection the same day, but sometimes can take up to a few days.
How to get the best deal on your South Africa 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 South Africa to Bangladesh.
- Choose a provider
Select the provider that offers you the best value and timeframes for transfers between South Africa and Bangladesh.
- Click, sign up & send
Follow the steps & make your transfer to Bangladesh. Your funds will be sent from South Africa and converted into Taka.
Sending money from South Africa to Bangladesh: key insights and tips
Don't settle for the first option. Always compare ways to send money from South Africa to Bangladesh to find out about fees, speed, and reliability.
Your analysis should include all the providers that operate between South Africa and Bangladesh. Through this, you get a comprehensive view of all the options you have in South Africa when you need to send money to Bangladesh.
Cheapest way to send money from South Africa to Bangladesh
Without any money transfer providers serving the South Africa to Bangladesh route, the cheapest money transfer options are limited.
We would recommend using:
Understanding the costs involved when moving money from South Africa to Bangladesh
When calculating the costs of money transfers between South Africa and Bangladesh, here's what really matters:
The Mid-Market Rate: Today, the ZAR-BDT mid-market rate equals to 6.8676. Keep in mind that this rate fluctuates all the time.
The ZAR-BDT average exchange rate of the past week has been 6.9098, with a highest of 6.9661 and a lowest of 6.861.
Fees and Markups: When you pick a service with competitive exchange rates and low fees, you get to make the most out of your ZAR to BDT transfers. This strategy keeps your costs down, offering a smart way to handle your international transactions.
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.
Over the last 7 days, the average numbers are:
The exchange rate from ZAR to BDT averaged 6.9098 BDT.
The highest value recorded was 6.9661 BDT, while the lowest was 6.861 BDT.
3 providers currently offer transfers between South Africa and Bangladesh close to this rate.
Want to secure the best ZAR-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 South Africa to Bangladesh!
What payment methods are available when sending money from South Africa to Bangladesh?
Sending bank transfers from South Africa to Bangladesh
Bank transfers are the most common way of sending ZAR to Bangladesh as they are secure, reliable, and convenient.
If you want to send Rands 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 South Africa 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 Rands 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 South Africa to Bangladesh by payment apps
If you’d like to send money from South Africa 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 South Africa 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 South Africa 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 ZAR 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 ZAR to BDT is 6.8676
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 and review methodology.
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