Send Money from Australia to Bangladesh

Measured on the full cost — the transfer fee plus the exchange-rate margin — Remitly is cheapest on this corridor at A$1,000, across the 3 providers we hold checked figures for. The cheapest provider also changes with the amount you send, so compare the final sum that arrives in Bangladeshi takas rather than the headline fee.

At A$1,000, Remitly is the cheapest of the 3 providers priced at that amount on this corridor: about A$1.19 all in, or 0.12% of the amount sent. Western Union is next at about A$5.89. That is the fee plus the exchange-rate margin that applied to a transfer of that size — priced at A$1,000 specifically, not worked out from a measurement taken at some other amount. It covers a bank transfer; cash pickup and mobile wallet payouts are priced separately. The margins were measured by Wise's comparison service rather than published by the providers themselves, and other providers here may be cheaper and are not priced this way.

Most transfers on this corridor arrive within one to three business days. Paying by debit card is generally faster than a bank transfer, and transfers initiated outside banking hours may not begin processing until the next working day.

Across the providers we compare, the available payout methods are bKash, Nagad, bank deposit, cash pickup, mobile wallet and card payout. The most widely used options in Bangladesh are bKash and Nagad mobile wallets, plus bank deposit. bKash reaches the majority of Bangladeshi households and typically delivers within minutes. Not every provider supports every method, so check the table above before you commit.

No. Remitly and Western Union offer cash pickup in Bangladesh, so your recipient can collect the funds with valid photo ID and the transfer reference number. That said, bKash and Nagad mobile wallets, plus bank deposit generally cost less than cash collection.

Providers rarely give you the mid-market rate — the reference rate you see on Google or Reuters. Instead they add a margin, typically between 0.4% and 4%, and keep the difference. That margin is often larger than the visible transfer fee, which is why a "no fee" service can still be more expensive overall. For AUD to BDT, compare the quoted rate against the mid-market rate to see the real spread you are paying.

Yes, provided you use a licensed provider. Every service listed on this page is regulated in Australia under AUSTRAC, which requires safeguarding of customer funds and identity verification. Send only to people you know personally, keep your transfer reference private, and be sceptical of anyone pressuring you to send money urgently to someone you have not met.

Yes. Each provider sets its own transfer limits, which vary by how much identity verification you have completed and how you pay. Larger transfers may require additional documentation such as proof of source of funds. For transfers above roughly A$10,000, a specialist foreign-exchange broker will often beat an app on rate.

Sendwave does not operate from Australia. Its own directory lists sending countries as the US, Canada, the UK, Ireland, Belgium, Germany, Spain, France, Italy and Portugal - Australia is not among them. If you already use that service, you will need an alternative from the comparison table above for this corridor.

The most valuable thing on this corridor is not a provider's offer at all. Bangladesh's government pays an incentive of about 2.5 percent on remittances arriving through formal channels, and both Western Union and Remitly reference it on their Australian pages. It applies to the money, not to the service you choose, so it is a reason to send through a regulated provider rather than informally — and it is worth more than the gap between most of the services here. Mobile wallets are how money lands in Bangladesh. Remitly names bKash, Nagad and Rocket; Western Union carries bKash and Nagad. Wise pays into a bank account. Western Union publishes the clearest caps here: 50,000 AUD a day online, 5,000 AUD to cash pickup and 3,700 AUD to a mobile wallet. The wallet cap is the one that catches people out, because the wallet is the rail most recipients want. No Wise fee figures are published on this page. The provider's page did not state the send amount its table referred to, and a fee without an amount attached is not worth republishing.