How to Send Money from the U.S. to Bangladesh
Bangladesh, known for its rich, fertile plains, thriving hub of business and agriculture and diverse workforce, is also home to 1.6 million people.
An estimated 200,000 Bangladeshi citizens are currently working and living in the United States, often needing to send money home to their families and communities. These Bangladesh citizens residing in the US may need a fast, secure and affordable method to send money back home.
So what options are available for them? How can people in the US send money to Bangladesh?
What to Remember When Sending Money to Bangladesh
When sending money to Bangladesh, the first thing you need to determine is whether you want to transfer your funds online or offline.
Traditional money transfer services may be expensive due to high fees and a slow processing time. However, they are a good option for people who need face-to-face assistance or who don’t have Internet access.
Online methods are quick, user-friendly and affordable. Using an optimal online money transfer provider can help you move money at a low cost, with flat transfer fees and affordable exchange rates.
Paysend transfers are guaranteed to be fast, affordable and hassle-free, making it easy for you to send money. With Paysend, sending money from the comfort of your own home using your smartphone or laptop from the United States to Bangladesh has never been easier.
How much does it cost to send money to Bangladesh from the US?
Sending money to a card account in Bangladesh only costs $2 no matter the amount you are sending! Whether you need to transfer $5 or $500, it will cost just $2.
How much will my recipient receive?
Paysend makes sure to deliver excellent and competitive exchange rates, which, along with our low fees, means that we provide a cheap way to transfer money from the US to Bangladesh in the world.
You can find out exactly how much your recipient in Bangladesh will receive in Taka here.
How long does it take to transfer money to Bangladesh?
Money sent using Paysend to Bangladesh usually only takes a few seconds to process, depending on the recipient’s bank processing time. 90% of our transfers arrive in 15 seconds or less!
Paysend’s app has over 4 million users and continuing, growing at a rate of approximately 4,000 new customers per day!
Download the Paysend app* to begin sending money to Bangladesh from the US more quickly and easily than ever before!
*Standard data rates from your wireless service provider may apply
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For millions of people in Bangladesh, remittances from abroad are a vital source of support. The money sent home helps cover essential expenses, from everyday living costs to educational opportunities and medical care. Beyond immediate needs, remittances also contribute to Bangladesh’s growing economy, creating opportunities for entrepreneurship and improving the quality of life for families across the country.