Bangladesh to India Money Transfer: Best Ways to Send Money Fast & Securely

Introduction

Sending money from Bangladesh to India is a common need for businesses, freelancers, students, and families. However, due to banking restrictions and cross-border policies, finding a reliable method can be challenging.

In this guide, we will explore the best ways to transfer money from Bangladesh to India, including bank transfers, online remittance services, and mobile wallets like bKash.

Can You Send Money Directly from Bangladesh to India?

Currently, direct money transfers from bKash to UPI (PhonePe, Google Pay, Paytm) are not available. However, you can send money via:
✔ Bank Transfers (NRB accounts, NOSTRO accounts)
✔ International Remittance Services (Western Union, Wise, Skrill)
✔ Third-Party Exchange Agents (Forex services, Hawala)

Let’s go over the best methods in detail.

1. Bank Transfers from Bangladesh to India

Best for: Business payments, large transfers, legal remittance

Steps:
1️⃣ Deposit funds into your Bangladeshi bank account (such as DBBL, BRAC Bank, City Bank).
2️⃣ Use international wire transfer (SWIFT/NOSTRO account) to send money to an Indian bank.
3️⃣ The recipient in India can withdraw funds or transfer them to a UPI-based app (PhonePe, GPay, Paytm).

Popular Banks for Transfers

✔ Bangladesh: BRAC Bank, City Bank, Dutch-Bangla Bank (DBBL)
✔ India: SBI, ICICI, HDFC, Axis Bank

💰 Fees & Time:

• Processing time: 2-5 business days

• Transfer fee: Varies ($5-$20 depending on the bank)

⚠️ Important: You may need to show a reason for the transfer (business, education, etc.), and both sender & receiver must comply with banking regulations.

2. Using International Money Transfer Services

Best for: Quick and easy personal transfers

Many remittance services allow transfers from Bangladesh to India at competitive exchange rates.

Top Services for Bangladesh to India Transfers

🔹 Wise (formerly TransferWise) – Best for low fees and real exchange rates
🔹 Western Union – Available nationwide in Bangladesh and India
🔹 MoneyGram – Fast (same-day transfers available)
🔹 Skrill & Neteller – Used for freelancers and online payments

How to Send Money Using These Services

1️⃣ Sign up on the platform and verify your identity.
2️⃣ Choose Bangladesh as the sender country and India as the recipient.
3️⃣ Enter the amount and select the payment method (bank transfer, cash pickup, etc.).
4️⃣ Complete the transaction, and the recipient gets the money in their bank or mobile wallet.

💰 Fees & Time:

• Processing time: Instant to 2 business days

• Fees: Typically 1-3% of the transfer amount

3. Sending Money via Forex Exchange & Hawala Agents

Best for: Urgent transfers with lower fees

Hawala and Forex agents can transfer money quickly and with minimal paperwork.

💡 How it Works:

• You pay the amount in BDT (Bangladeshi Taka) to a trusted agent.

• The agent’s partner in India releases the equivalent amount in INR (Indian Rupees).

⚠️ Risks & Legality:

• Not legally recognized by banking authorities.

• No official records or protection against fraud.

4. Can You Use bKash to Transfer Money to India?

bKash does not support direct international transfers. However, you can:
✅ Use a bKash-linked bank account to send money via an international remittance service.
✅ Convert bKash funds into USD/INR using Payoneer or Skrill for business transactions.

💰 Fees: Varies depending on the conversion rate & platform charges.

Which Method is Best for You?

Final Thoughts

While direct Bangladesh to India transfers are limited, you can still send money using banks, remittance services, or forex agents. For fast, low-cost transfers, Wise or Western Union are the best choices.

💬 Need more help with international money transfers? Let us know in the comments!

bKash is the most popular mobile financial service (MFS) in Bangladesh, while UPI-based platforms like PhonePe, Google Pay, and Paytm dominate digital payments in India. Many users want to know:

❓ Can you send money directly from bKash to India?
✅ Yes, but not directly! You must use indirect methods like bank transfers, remittance services, or digital wallets.

In this guide, we will explain the best ways to send money from bKash to India securely and quickly.

Can You Transfer Money from bKash to India Directly?

🚫 No, bKash does not support direct international transfers.
However, you can transfer money indirectly using:

✔ Bank Transfers – Move money from bKash to a bank, then send it to India. You can also use https://inrtobdt.com
✔ International Remittance Services – Use Wise, Western Union, or Payoneer.
✔ Forex & Exchange Agents – Some agents facilitate unofficial transfers.

Now, let's explore each method step by step.