Send Money from the UK to Bangladesh

Measured on the full cost — the transfer fee plus the exchange-rate margin — Remitly is cheapest on this corridor at £1,000, across the 4 providers we hold checked figures for. Remitly, LemFi and Ria Money Transfer advertise no transfer fee here, which looks cheaper and often is not: a provider with no fee recovers it in the rate, and the margin is usually the larger of the two costs. 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 £1,000, Remitly is the cheapest of the 4 providers priced at that amount on this corridor: about £5.09 all in, or 0.51% of the amount sent. Wise is next at about £8.86. That is the fee plus the exchange-rate margin that applied to a transfer of that size — priced at £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.

Delivery ranges from minutes to a few business days depending on the provider and payout method. WorldRemit, Taptap Send, Paysend and Xoom can deliver within minutes when you pay by debit card. Bank-funded and economy transfers typically take one to three business days but usually cost less. Transfers sent outside banking hours or over a weekend may not settle until the next working day.

Across the providers we compare, the available payout methods are bKash, Nagad, Rocket, bank deposit, cash pickup, mobile wallet, airtime top-up 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. Western Union, Sendwave, WorldRemit, Remitly, Wise, Taptap Send, Xoom, Ria Money Transfer, MoneyGram and Revolut 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 GBP 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 the UK under the Financial Conduct Authority (FCA), 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 £10,000, a specialist foreign-exchange broker will often beat an app on rate.

Bangladesh pays a 2.5% government incentive on remittances received through official channels, and your recipient gets it on top of what you send: on 100,000 taka they receive 102,500. Western Union, Remitly and Taptap Send all document it on their own pages. It is the single largest number on this corridor and it dwarfs the difference between the cheapest and dearest provider here. The incentive has conditions a sender abroad would not expect. Western Union limits it to wage earners' remittances and states the sender must be a Bangladeshi citizen holding a valid work visa. Taptap Send states that transfers above 500,000 taka require the sender's passport and either an employment letter or a business licence within five days. The incentive is not always immediate. Taptap Send states it may be added instantly by the local bank, or may take two to three weeks to be processed and become available. Treat it as money that arrives, not money that arrives today. A bKash account cannot hold more than 150,000 taka at once, and mobile money payouts are capped at 250,000 taka per transaction with at most ten transactions a day. A large single transfer can exceed what the recipient's wallet can take, whatever your own sending limit allows. Speed varies far more than price on this corridor. Taptap Send states 99% of mobile money transfers arrive in under a minute; Revolut states bank transfers generally take 3 to 5 business days and Western Union states up to 3 business days to a bank account. Those are all published figures for the same route. The 2.5% incentive is not guaranteed to last. It costs the Bangladeshi government roughly Tk7,000 crore (about $580 million) a year, and there is a live domestic policy argument for retiring it — critics say service-export earnings are being miscoded as wage-earner remittances to claim the subsidy, and that competitors like India and the Philippines pull larger inflows without paying anything for it. Nothing has been announced as of September 2026, but a large or recurring transfer should not assume it is permanent. In June 2026 Bangladesh's finance minister announced, in the proposed FY2026-27 budget, that the government will retain the existing 2.5% cash incentive on remittances sent through formal channels (reported by The Business Standard and Prothom Alo, June 2026). No end date was given and the conditions were not reported as changed.