Need to transfer money to Bangladesh? Considering a wire to send the money to Bangladesh? Before you go your bank to do it, be sure to check out the wire transfer fees. It may come as a shock as to how much the fees and charges will be and depending on the amount, it might be better to have a look at the alternatives to send the money using another method.
What makes it even worse is in addition to your bank charging a fee for sending the funds to a bank in Bangladesh, the recipient receiving the transfer of funds will most likely be charged a fee from their bank. A way to reduce the likelihood of this charge is to remit the international wire transfer in their local currency.
To process a wire transfer to Bangladesh, you might need a SWIFT code. These are different for each financial institution and are based on a number of things such as the individual banking institution and country.
Bank wire details for Bangladesh
- Country – Bangladesh
- SWIFT Country Code – BD
- Central Bank Name – Bangladesh Bank
- Currency – Taka
- Currency Code – BDT