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Compare ways to send money from Bangladesh to Nigeria

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.

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Overall best way: Revolut

Revolut is our recommended company for transferring Taka to Nigeria.

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.

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How to compare deals on Bangladesh to Nigeria money transfers

Summary of recent searches

Top rated for transfers from Bangladesh to Nigeria
Revolut
Total number of BD - NG providers
7
Average cheapest fees & rate
Revolut
Average fastest transfer
Revolut
Average transfer time
Within minutes
Best for bank transfers
Revolut
Best for debit card
Instarem
Best for credit card
Instarem

Understanding Bangladesh to Nigeria money transfers

1
Comparing providers

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.

2
Get ahead of the Taka-Naira exchange rate
3
Choosing the right payment method
4
Financial regulators in Bangladesh and Nigeria
5
Consider transfer limits
6
Receiving money in Nigeria
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to Nigeria from Bangladesh: Revolut

Revolut combines the lowest fees with the best exchange rate and from the 7 companies compared offers the cheapest transfers to Nigeria from Bangladesh.

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.

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Fastest money transfers from Bangladesh to Nigeria: Revolut.

Of the 7 money transfer companies tested, Revolut offered the quickest way to send Takas to Nigeria.

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.

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Sending a large amount of money?

For big transfers from Bangladesh to Nigeria, competitive pricing & strong customer service are essential.

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 13.9862 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 13.5027 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.

Mid-market Rate
1
= 13.986228 NGN

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 13.5027.

  • 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.

Want to secure the best BDT-Naira exchange rates?

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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 Revolut 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, Revolut is the cheapest money transfer provider for bank transfers from the 7 we tested when sending BDT to Nigeria.

    With an average fee of BDT0 to send money from Bangladesh to Nigeria, Revolut 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 Instarem.


    Instarem is a great choice for sending money with a debit card from Bangladesh to Nigeria. This is from the 7 money transfer companies compared.

  • Credit cards

    When it comes to credit card money transfers from Bangladesh to Nigeria, Instarem emerges as our top choice of the 7 companies offering this service.

    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 document.

Money transfer company reviews

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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?

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.