Best option: Revolut
We tested & reviewed 7 money transfer providers, and Revolut scored highly in each category.
Over the last six months, Revolut appeared in 91.4% of Bangladesh to Philippines searches, and was the top rated company supporting money transfers between BDT and PHP.
For a great mix of cost, speed & features, transfer from Bangladesh to Philippine Peso using Revolut.
How to compare deals on Bangladesh to Philippines money transfers
Understanding Bangladesh to Philippines money transfers
Comparing providers when sending money from Bangladesh to the Philippines is the easiest way to make a transfer at the best price.
We’ve compared 7 providers for sending Taka to Philippines. This ensures you will get the best options for your transfer to the Philippines 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 the Philippines.
Cheapest way to transfer money to the Philippines from Bangladesh: Revolut
Of the 7 providers compared, data shows that Revolut is 0% cheaper than the second-best option.
The is cost is made up of an average BDT-PHP exchange rate that is 0.16% different to the mid-market rate and an average fee of 0* BDT.
If you want to secure the best rates on a BDT to Philippines transfer, Revolut will result in the most Philippine Peso received.
*The most common fee applied to BDT-PHP by Revolut, based on data from the past six months.
Fastest money transfers to the Philippines from Bangladesh: Revolut.
Through our comparison, we found Revolut to be the fastest option for sending Taka to Philippine Peso 92.9% of the time. For fast transfers between BDT and PHP, Revolut is a great option.
When sending money from Bangladesh to the Philippines, Revolut has an average fee of 0 BDT. Although we would recommend comparing the amount you want to send.
When testing the fastest options, we compared the 7 money transfer providers offering Bangladesh to the Philippines transfers for overall speed. This included transfer times to after depositing Taka to a money transfer account.
When you want the fastest way to send, Revolut is our recommended choice for Bangladesh to the Philippines transfers.
Transfer a large sum of money
From 7 money transfer companies compared, Revolut is the best option for large transfers from Bangladesh to the Philippines.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Bangladesh to the Philippines can become expensive if you use a bank, or the wrong provider.
Revolut is the top choice for sending large sums of money to the Philippines from Bangladesh because they offer a strong service and competitive exchange rates.
Understanding the cost of moving money from Bangladesh to Philippines
The total cost of sending money to the Philippines from Bangladesh, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for BDT-PHP is 0.491 PHP per Taka.
Finding a company offering an exchange rate closer to this will mean more Philippine Peso for your Taka.
The average BDT-PHP mid-market rate for the last three months has been 0.4798 PHP per Taka. This includes a high of 0.5215, and low of 0.4644.
Out of the 7 companies compared, Revolut offers the best exchange rates.
The exchange rate you receive on converting BDT to PHP should be the biggest determining cost factor when transferring Taka to the Philippines.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Revolut, with a fee average of 0 BDT per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Philippine Peso eventually received in the Philippines.
A lower cost of sending from Bangladesh will result in more money received in the Philippines.
Getting the best exchange rate for Taka to Philippine Peso
Tracking the mid-market rate can make a huge difference when sending money BDT to PHP. The exchange rate you secure impacts how much PHP 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 PHP has seen some fluctuation. On average, it has been 0.4798.
During this period, the highest value level was 0.5215, with a low of 0.4644.
Revolut, which is our recommended service to send money online from Bangladesh to Philippines offers an exchange rate that is only 0.14% above the mid-market rate.
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Payment options for transfers from Bangladesh to Philippines
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Philippines 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 Philippines.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BDT to PHP.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.