How to send money to Nigeria from Bangladesh with the best BDT-NGN rate
Find money transfer deals for sending money from Bangladesh to Nigeria. Compare the cheapest, fastest, and most reliable providers with the best BDT to NGN exchange rates.
Read on for the best deals, expert information, and easiest ways to send money to Nigeria from Bangladesh.
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
Alternative for Bangladesh to Nigeria
While you can’t send BDT to NGN 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."
"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."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
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The best way to send BDT to Nigeria is to use cash transfer via Western Union
We’ve analysed 100s of money transfer companies, and found that the overall coverage of BDT/NGN transfers is very limited for online transfers.
This is why we suggest sending cash as an alternative, using Western Union.
The transfer fees depend on which branch you use and how much you send, but overall you can expect to pay around 3 BDT for a 30,500 BDT transfer.
Depending on where you are, we suggest checking Western Union to see what deposit methods you have available.
In many cases you can deposit BDT online and the recipient in Nigeria will need to visit a branch to pick up NGN.
How to compare deals on Bangladesh to Nigeria money transfers
Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure the best rates on money transfers from Bangladesh to Nigeria.
Choose a provider
Select the provider that gives you the best value & service for your needs
Click, sign up & send
Follow the steps & start your transfer from Bangladesh. Your funds will be converted to Naira and transferred to Nigeria.
Summary of recent searches
Understanding Bangladesh to Nigeria money transfers
Comparing providers when sending money from Bangladesh to Nigeria is the easiest way to make a transfer at the best price.
We’ve compared 2 providers for sending Taka to Nigeria. This ensures you will get the best options for your transfer to Nigeria from Bangladesh.
We rate Western Union Agent as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Bangladesh to Nigeria.
The cheapest way to send money to Nigeria from Bangladesh is using MoneyGram cash transfer service.
While online transfers are usually cheaper, there are very few providers offering BDT to NGN transfers, making cash transfer through a MoneyGram Agent the most practical and affordable option available.
The overall cost of your transfer includes both the transfer fee (around 3 BDT per 30,500 BDT) and the exchange rate markup applied by MoneyGram.
These costs can vary depending on the branch location, payment method, and the amount you’re sending, so it’s always worth checking with your branch before making a transfer.
The fastest way to send money to Nigeria from Bangladesh is to use cash transfer via Western Union Agent
In most cases cash transfers with Western Union are instant, and your recipient will be able to collect NGN in minutes.
However, depending on how much you send, it can take a bit longer (up to a day) due to the processing time.
With the limited number of money transfer companies servicing BDT/NGN, cash transfer with Western Union is the fastest way.
Sending a large amount of money?
Of the 2 providers compared, Western Union Agent is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Western Union Agent may not always be the fastest or cheapest way to send money from Bangladesh to Nigeria, it's a great provider for things like buying or selling property.
Understanding the cost of transferring money to Nigeria from Bangladesh
Fees and exchange rates make up the total cost of sending money from Nigeria to Nigeria. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current BDT-NGN mid-market rate is 11.8824 NGN per Taka. You will get more Naira for your Takas if you find a provider close to this number.
For context, over the last 7 days the BDT-NGN mid-market rate has had a high of 11.9084, a low of 11.8264 and averaged 11.8617 NGN per Taka.
Across the 2 companies compared, the best exchange rate is with Western Union Agent.
Unless fees are unusually high, the exchange rate you receive on converting BDT to NGN will be the biggest determining factor when working out the cost of transferring Takas to Nigeria.
Fees: Transfer fees are charged as part of the transfer. Western Union Agent charges the lowest fee of 3 BDT at the moment. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Naira eventually received in Nigeria. You can assume that a lower cost of sending from Bangladesh will result in more money received in Nigeria.
Getting the best exchange rate for Taka to Naira
Tracking the mid-market rate can make a huge difference when sending money BDT to NGN. The exchange rate you secure impacts how much NGN you get for your BDT.
Here's some data on recent trends in the mid-market rate.
Over the past 7 days, the interbank rate from BDT to NGN has seen some fluctuation. On average, it has been 11.8617.
During this period, the highest value level was 11.9084, with a low of 11.8264.
Western Union Agent, which is our recommended service to send money online from Bangladesh to Nigeria offers an exchange rate that is only 5% above the mid-market rate.
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Paying for your Bangladesh to Nigeria money transfer
Bank transfers
A bank transfer is often the default option for money transfers from Bangladesh to Nigeria.
By using a money transfer company such as Western Union Agent to send money from Bangladesh to Nigeria, you can while benefit from lower fees and more favorable exchange rates than a bank would offer.
On average, Western Union Agent is the cheapest money transfer provider for bank transfers from the 2 we tested when sending BDT to Nigeria.
With a fee of BDT3 to send money from Bangladesh to Nigeria, Western Union Agent offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Bangladesh to Nigeria with a prepaid or debit card is very easy with Western Union Agent.
Western Union Agent is a great choice for sending money with a debit card from Bangladesh to Nigeria. This is from the 2 money transfer companies compared.
Credit cards
When it comes to credit card transfers from Bangladesh to Nigeria, we to get the best deal.
Be careful of fees: using a credit card to transfer money internationally 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 Nigeria and Bangladesh.
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 Bangladesh to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BDT to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Related transfer routes
Send money from Bangladesh
Send money to Nigeria
How much money can be transferred from Bangladesh to Nigeria?
Are there any tax implications to sending money from Bangladesh to Nigeria?
Can I send money from Bangladesh to Nigeria with MoneyTransfers.com?
What are the typical transfer fees for sending Takas to Nigeria through various providers?
How long does it take to send money from Bangladesh to Nigeria?
What is the best exchange rate I can get for sending money from Bangladesh to Nigeria?
Are there any minimum or maximum transfer amounts for sending money from Bangladesh to Nigeria?
Can I schedule regular transfers between Bangladesh and Nigeria?
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