Receiving country · World Bank RPW · BD

Send money to Bangladesh

Corridor breadth is high-tercile (13 inbound sources) - more origin countries quote routes into Bangladesh than the bulk of the receive panel.

8.7%
Avg inbound cost
2.4%
Cheapest · from United Kingdom
$33.9B
Received per year
13
Source corridors

Corridor-breadth tercile vs fleet

Bangladesh is quoted from 13 origin countries, above the fleet breadth tercile (~3 corridors). Average inbound cost is 8.7%.

#6 of 53
WDI inflow corpus rank
8.7%
average inbound cost
2.4%
cheapest source: United Kingdom
$33.9B
received annually

Inbound cost bands to Bangladesh

13 source corridors counted once by recorded average cost on a $200 send. The four bands sum to 13.

HEAVY Heavy-fee >8% lane · country average 8.7%

All Corridors to Bangladesh

#FromAvg costCheapestCheapest provider
1United Kingdom5.1%2.4%Sonali Bank
2Bahrain6.2%5.7%National Finance and Exchange Co
3Singapore6.5%3.4%NBL Money Transfer
4Kuwait6.6%6.0%Al Mulla Exchange
5Qatar7.2%6.7%Eastern Exchange Co
6Malaysia7.5%5.0%MoneyGram
7United States7.6%5.2%Remitly
8United Arab Emirates7.7%6.0%Western Union
9Oman8.1%6.7%Musandam Exchange
10India8.5%4.6%Bank of Baroda
11Italy9.6%3.0%Poste Italiane via Western Union
12Saudi Arabia10.2%7.2%STC Pay
13Pakistan22.7%21.8%Western Union

Wide origin set into Bangladesh

13 origin countries quote routes into Bangladesh - above the fleet breadth tercile (~3). Average inbound cost is 8.73% on $200 RPW sends.

The three cheapest inbound corridors to Bangladesh right now are from United Kingdom at 2.41% via Sonali Bank, Italy at 2.98% via Poste Italiane via Western Union, Singapore at 3.37% via NBL Money Transfer. These are floor prices on a $200 transfer into Bangladesh, fee plus FX margin.

For senders pointing money toward Bangladesh, compare the cheapest provider on the specific corridor rather than defaulting to a household brand.

About Bangladesh inbound 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 country'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. The UN Sustainable Development Goal 10.c target is to reduce remittance transaction costs to below 3% by 2030; always verify current rates directly with providers before sending money, rates change frequently.

Average inbound cost 8.73%; 13 source corridors tracked to Bangladesh; vintage 2026-08-10.

Frequently Asked Questions

How much money is sent to Bangladesh each year?

Bangladesh receives about $33.9B a year - upper inflow tercile among WDI-tracked receivers - from 13 RPW source countries at 8.73% average inbound cost.

What is the cheapest way to receive money in Bangladesh?

On World Bank RPW $200 sends, the cheapest inbound floors into Bangladesh are from United Kingdom, Italy, Singapore, as low as 2.41%. Country average inbound cost is 8.73% (upper fleet tercile).

How have remittance costs to Bangladesh changed over time?

Bangladesh's current average inbound cost is 8.73%, above the fleet upper tercile (~7.8%) and 2.3 pp above the ~6.4% global RPW average. RPW has tracked this receive market since 2011; UN SDG 10.c still targets ≤3% by 2030.

Where does Bangladesh sit among remittance-receiving countries?

According to World Bank WDI remittance inflows among 53 tracked receiving countries on PlainRemit, Bangladesh ranks #6 of 53 by annual dollars received. /send-to browses alphabetically; this inflow ordinal matches the largest-receivers research ranking.

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.