Overall best way: Revolut
We tested & reviewed 7 transfer providers, and Revolut scored highly.
In the last six months, Revolut appeared in 84.6% of Bangladesh to Nigeria searches, and was the top rated company supporting payments Bangladesh into Naira.
So for a great mix of cost, speed & features, make your Bangladesh to Nigeria transfer using Revolut.
How to compare deals on Bangladesh to Nigeria money transfers
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 7 providers for sending Taka to Nigeria. This ensures you will get the best options for your transfer to Nigeria from Bangladesh.
We rate Revolut as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Bangladesh to Nigeria.
Cheapest way to send money to Nigeria from Bangladesh: Revolut
Data collected through our comparison over the past six months shows that Revolut is 0% cheaper than the second-best option.
The cost is made up of an average fee of 0* BDT and an exchange rate for buying Naira with Taka that is 0.14% different to the mid-market rate.
If you want to secure the best rates on a Bangladesh to Nigeria transfer, Revolut offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to BDT-NGN by Revolut, based on data from the past six months.
Fastest money transfers from Bangladesh to Nigeria: Revolut.
Through our comparison, we found Revolut to be the fastest option to transfer money from Bangladesh to Naira in 81.9% of instances.
Over the last six months, sending money from Bangladesh to Nigeria through Revolut have an average fee of 0 BDT.
Revolut was one of 7 money transfer providers we compared for overall speed of sending money from Bangladesh to Nigeria. This speed test included depositing Takas to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Revolut is our best choice for sending from Bangladesh to Nigeria.
Sending a large amount of money?
Of the 7 providers compared, Revolut is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Revolut 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 {countryFromName}}
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 13.9809 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 three months the BDT-NGN mid-market rate has had a high of 13.9763, a low of 12.5054 and averaged 13.4056 NGN per Taka.
Across the 7 companies compared, the best exchange rate is with Revolut.
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. Revolut at an average of 0 BDT per transfer over the last 6 months, offers the lowest fees overall. 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 six months, the interbank rate from BDT to NGN has seen some fluctuation. On average, it has been 13.4056.
During this period, the highest value level was 13.9763, with a low of 12.5054.
Revolut, which is our recommended service to send money online from Bangladesh to Nigeria offers an exchange rate that is only 0.14% above the mid-market rate.
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Paying for your Bangladesh to Nigeria money transfer
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 document.