Remittance corridor · World Bank RPW · 2023Q4

Pakistan → Bangladesh

Average cost sits in the upper fleet tercile at 22.7% on this Pakistan → Bangladesh route - senders pay more than typical RPW-tracked corridors.

22.7%
Average cost
21.8%
Cheapest · Western Union
2
Providers tracked

How the 22.7% average cost breaks down

World Bank RPW splits total remittance cost into the provider's transaction fee and the exchange-rate margin applied to the transfer. Same 2023Q4 figures as the detail table below.

The verdict

The World Bank last surveyed Pakistan → Bangladesh in 2023Q4, and has not priced it since. Every figure on this page is that observation, so we do not rank this corridor against the 2025Q3 release: a 22.7% reading from then is not a like-for-like comparison with corridors priced years later.

2023Q4
last surveyed quarter
22.7%
average cost of a $200 transfer, as of 2023Q4
Not ranked
outside the 2025Q3 corpus ranking
Western Union
cheapest provider recorded in 2023Q4

Held for the historical record. Live rankings use only the 2025Q3 release.

What changed

World Bank RPW release record: 2023Q3 to 2023Q4

  • Average transfer cost changed from 14.34% to 22.73% (+8.40 percentage points).
  • Lowest observed transfer cost changed from 13.75% to 21.75% (+8.00 percentage points).
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Where this corridor sits by provider panel size

Pakistan → Bangladesh has 2 World Bank RPW providers among 377 tracked corridors (inventory signal, not a cost-quality ranking). Orthogonal to the cost comparison below.

Pakistan → Bangladesh vs all corridors by provider count

Where this corridor's RPW provider panel sits among every tracked route

2 370th of 377 higher than 7 of 377 corridors

Corridors, banded by RPW provider inventory

Each bar is a band; taller bars hold more corridors. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.

Source World Bank Remittance Prices Worldwide · 2026-08-10

How Pakistan → Bangladesh compares

Average cost of a $200 transfer, percent, lower is cheaper

Pakistan → Bangladesh22.73%Cheapest provider21.75%348-corridor average (2025Q3)7.25%World Bank global average6.4%UN SDG 10.c target3%

Source: World Bank Remittance Prices Worldwide (RPW); UN SDG 10.c As of 2023Q4

SDG 10.c progress (target: 3%) 0.0%
Cheapest

22.73% average - 19.7pp above target

Cost trend: Pakistan → Bangladesh

Average and cheapest cost of a $200 transfer over time, percent

0%10%20%30%40% 2016Q22017Q22018Q22019Q22020Q22021Q22023Q12023Q4 22.7%21.8% CheapestAverage

Source: World Bank Remittance Prices Worldwide (RPW) As of 2023Q4

Sending Country

Pakistan
Middle East, North Africa, Afghanistan & Pakistan
13.36%
Avg outbound cost
$0.3B
Total remittances sent
All corridors from Pakistan →

Receiving Country

Bangladesh
South Asia
8.73%
Avg inbound cost
$33.9B
Total remittances received
All corridors to Bangladesh →

Nearby Corridors from Pakistan

Pakistan's outbound coverage in our data is limited to a handful of corridors; here is how the other compare.

#DestinationAvg costCheapest
1Afghanistan4.0%4.0%

World Bank RPW fee spread

Release 2023Q4 PK→BD

22.7% avg · 21.8% floor · 0.98pp spread on $200

  • AVG 22.7%
  • CHEAP 21.8%
  • SPREAD 0.98pp
  • SDG +19.7pp
  • REL 2023Q4
  • PANEL 2

Fee spread manifest for Pakistan → Bangladesh: entity-varying RPW stamps plus cross-sender ABS(avg_cost) peers from the current release. Compare corridors side-by-side →

High transfer cost on Pakistan → Bangladesh

World Bank RPW prices Pakistan → Bangladesh at 22.73% (2023Q4) - above the fleet upper tercile (~6.6%). Senders here pay more than typical tracked corridors, 16.3 pp above the ~6.4% global average.

That cheapest figure comes from the World Bank's mystery-shopping survey: trained researchers pose as customers and obtain real quotes for a standardized $200 transfer, across the 2 banks, money transfer operators, post offices and mobile-money providers RPW tracks on this corridor. It is a snapshot from that survey quarter, not a live guarantee -- confirm the current rate directly with the provider before sending.

Costs on this route have risen sharply, up 8.40 percentage points over the tracked period, a notable outlier since most tracked corridors have moved the other way. Across 28 quarters on record, average cost ranged 2.6%–29.4%, with 2 quarters at or under the UN 3% target. It sits 19.7 pp above the UN SDG 10.c 3% target.

About Pakistan → Bangladesh data

PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This corridor's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer.

Average 22.73%; cheapest observed 21.75% via Western Union; 2 providers tracked across 28 RPW quarters; vintage 2026-08-10.

Frequently Asked Questions

How much does it cost to send money from Pakistan to Bangladesh?

Average 22.73% of the transfer amount (World Bank RPW, 2023Q4) - upper fleet tercile (above ~6.6%). Cheapest observed: 21.75% via Western Union.

What is the cheapest way to send money from Pakistan to Bangladesh?

Lowest RPW survey quote: 21.75% (Western Union). Panel is low-tercile with only 2 providers tracked.

Is the Pakistan to Bangladesh corridor meeting the UN SDG cost target?

Not yet: 22.7% is 19.7pp above the UN SDG 10.c 3% target and in the upper fleet cost tercile.

Source: World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025). See our methodology for details.

Disclaimer: PlainRemit is for general informational purposes only, not financial, tax, or investment advice. PlainRemit is independent and not affiliated with or endorsed by the World Bank.