People usually use some means to transfer money abroad. Some popular ways are bank transfers, money transfer agencies, international prepaid debit cards and cryptocurrencies. However, cryptocurrency is not legal in Bangladesh. Therefore, we discourage you from using any cryptocurrency related services. Using a money transfer agency to transfer money abroad can be an ideal choice.

Best Money Transfer Services from Canada to Bangladesh money transfer

Including Dutch-Bangla Bank, Sonali Bank, and Agrani Bank,you can send money to different Bangladeshi bank accounts . Also, money transfer services allow you to send money to mobile wallets including Bikash and Cash. We have tested a large number of money transfer services. In this article, we are going to introduce you to some of the best money transfer services. So, stay with us.

10 Best Money Transfer Services from Canada to Bangladesh

Here is a list of the 10 best money transfer services from Canada to Bangladesh

01. Wise

Wise was formerly known as TransferWise. Currently, it is one of the most transparent payment gateways in the world. It is also a popular choice among individuals and businesses. But small businesses love it the most. This has paved the way for global remittances.

Wise has an anti-fraud prevention system that ensures enhanced data protection. It provides outstanding customer support. You can reach them directly by making a phone call.

• Cost: 5.20 CAD + 0.76% of the amount you convert
• Transfer Limit: 9,500 CAD per day and 30,000 CAD per week
• Completion: Within 1-2 business days

02. Remitly

Remitly has recently become an effective and seamless way to transfer money from Canada to Bangladesh. This platform is highly recommended. You can send money to countries like Asia, Europe, Africa, Latin America and many more using this platform.

Read More : 

The platform is popular due to its functionality and user-friendliness. Remitly offers a 100% customer satisfaction guarantee.

• Cost: Between 0.5% and 1% of the amount you convert
• Transfer Limit: 2,999 CAD per day and 10,000 CAD per month
• Completion: Within 1-2 business days

03. WorldRemit

WorldRemit is a popular service that allows you to send money from Canada to Bangladesh which is available in over 50 countries and allows customers to send money to over 120 destinations.

World Remit’s partner banks in Bangladesh are Islami Bank Bangladesh Limited, BRAC Bank, City Bank Limited, Bank Asia Limited and Agrani Bank Limited.

• Cost: Between 0.5% and 1% of the amount you convert
• Transfer Limit: 9,500 CAD per day and 30,000 CAD per week
• Completion: Within 2-4 days

Best Money Transfer Services from Canada to Bangladesh money transfer

04. MoneyGram

MoneyGram is another well-known money transfer service in Canada that is available in over 200 countries. Also, it has more than 350,000 agent locations. It is considered the second largest foreign money transfer agency after Western Union.

This money transfer channel is really easy to transact and has special reward programs for its customers.

• Cost: Between 1% and 3% of the amount you convert
• Transfer Limit: 5,000 CAD per day and 10,000 CAD per month
• Completion: Within 1-2 business days

05. Xoom

Xoom is another well-known international money transfer service that is a great alternative to PayPal. Around 250 million people worldwide are using Xoom. Xoom app makes it easy to send money to Bangladesh from any foreign country.

The app allows its users to log in through a biometric system and you can use it to send money to mobile wallets, bank deposits and cash pickup.

• Cost: Between 0.5% and 1% of the amount you convert
• Transfer Limit: 2,999 CAD per day and 10,000 CAD per month
• Completion: Within 1-2 business days

06. Taptap Send

Another well-known money transfer service is CanadaTap Send. which is known in USA, Canada and UK. Using this app you can send money to Bangladesh in a short period of time. It provides a hassle-free experience and it is best suited for freelancing payments.

If you have done something wrong, they have a refund option. But this option is only available for bank transfer. They can’t do anything if you send money to wrong Bikash number.

• Cost: Between 0.5% and 1% of the amount you convert
• Transfer Limit: 9,500 CAD per day and 30,000 CAD per week
• Completion: Within 1-2 business days

Best Money Transfer Services from Canada to Bangladesh money transfer

07. Instarem

Instarem is a fast and affordable money transfer service in Canada. Besides charging low transaction fees, they are best known for their bank-beating rates. Their transparent price makes them popular. Sending money from Canada using Instarem services is safe.

• Cost: Between 0.4% and 1% of the amount you convert (No hidden charge)
• Transfer Limit: 9,500 CAD per day and 30,000 CAD per week
• Completion: Within 1-2 business days

08. Remitbee

Remitbee is a fast and secure money transfer service available in Canada. By using this service, you can easily send money from Canada to Bangladesh. It is highly suggestable. Though it is comparatively new in the market, thousands of Canadians have found it reliable. Since its inception in 2015, Remitbee has won the hearts of millions of Canadians.

You can send money to several Bank accounts including Sonali Bank, Grameen Bank, Janata Bank Limited, BRAC Bank, Dutch-Bangla Bank, and more.

• Cost: Between 0% and 0.19% of the amount you convert
• Transfer Limit: 9,500 CAD per day and 30,000 CAD per week
• Completion: Within 1-2 business days

09. ACE Money Transfe

ACE Money Transfer is a popular money transfer service in Canada with fast and affordable service. With their service, you get the facility to send money from 28 countries and receive it from 100 countries.

To get started, you just need to sign up an online account. ACE team is highly dedicated to ensure 24/7 customer support. Plus, they offer unbeatable exchange rates.

• Cost: Between 0.5% and 1% of the amount you convert
• Transfer Limit: 9,500 CAD per day and 30,000 CAD per week
• Completion: Within 1-2 business days

Best Money Transfer Services from Canada to Bangladesh money transfer

10. Panda Remit

Panda Remit is a well-known online payment gateway in Canada. Say goodbye to traditional bank transfers and embrace hassle-free money transactions. With 100% security guarantee, it is one of the cheapest options for cross-border remittances.

If you use Panda Remit, you are bound to be a trusted user. Panda Remit is currently used by over 1 million users, with the service operating in over 30 countries.

• Cost: Between 0.9% and 2% of the amount you convert
• Transfer Limit: 5,000 CAD per day and 10,000 CAD per month
• Completion: Within 1-3 business days

Final Words

Here we discuss the top money transfer services that enable you to send money from Canada to Bangladesh. You can choose any of these services based on your preference which service is convenient for you However, we recommend considering transaction costs and exchange rates to ensure a satisfactory money transfer experience. This list was compiled using customer reviews from various online sources, but your personal needs may differ.

However, one thing to keep in mind is that these service charges may change or increase, so we request your cooperation in this regard.

The 10 Best Money Transfer Services from Canada to Bangladesh in 2024

Currently, a large number of Bangladeshis are working in Canada. Besides, many Bangladeshis come to this country for higher education. Canada has become popular among Bangladeshis. Therefore, Bangladeshi immigrants in Canada have a huge demand for money transfer services that will enable them to send money from Canada to Bangladesh.

Canada to Bangladesh money transfer

People usually use some means to transfer money abroad. Some popular ways are bank transfers, money transfer agencies, international prepaid debit cards and cryptocurrencies. However, cryptocurrency is not legal in Bangladesh. Therefore, we discourage you from using any cryptocurrency related services. Using a money transfer agency to transfer money abroad can be an ideal choice.

Best Money Transfer Services from Canada to Bangladesh money transfer

Including Dutch-Bangla Bank, Sonali Bank, and Agrani Bank,you can send money to different Bangladeshi bank accounts . Also, money transfer services allow you to send money to mobile wallets including Bikash and Cash. We have tested a large number of money transfer services. In this article, we are going to introduce you to some of the best money transfer services. So, stay with us.

10 Best Money Transfer Services from Canada to Bangladesh

Here is a list of the 10 best money transfer services from Canada to Bangladesh

01. Wise

Wise was formerly known as TransferWise. Currently, it is one of the most transparent payment gateways in the world. It is also a popular choice among individuals and businesses. But small businesses love it the most. This has paved the way for global remittances.

Wise has an anti-fraud prevention system that ensures enhanced data protection. It provides outstanding customer support. You can reach them directly by making a phone call.

• Cost: 5.20 CAD + 0.76% of the amount you convert
• Transfer Limit: 9,500 CAD per day and 30,000 CAD per week
• Completion: Within 1-2 business days

02. Remitly

Remitly has recently become an effective and seamless way to transfer money from Canada to Bangladesh. This platform is highly recommended. You can send money to countries like Asia, Europe, Africa, Latin America and many more using this platform.

Read More : 

The platform is popular due to its functionality and user-friendliness. Remitly offers a 100% customer satisfaction guarantee.

• Cost: Between 0.5% and 1% of the amount you convert
• Transfer Limit: 2,999 CAD per day and 10,000 CAD per month
• Completion: Within 1-2 business days

03. WorldRemit

WorldRemit is a popular service that allows you to send money from Canada to Bangladesh which is available in over 50 countries and allows customers to send money to over 120 destinations.

World Remit’s partner banks in Bangladesh are Islami Bank Bangladesh Limited, BRAC Bank, City Bank Limited, Bank Asia Limited and Agrani Bank Limited.

• Cost: Between 0.5% and 1% of the amount you convert
• Transfer Limit: 9,500 CAD per day and 30,000 CAD per week
• Completion: Within 2-4 days

Best Money Transfer Services from Canada to Bangladesh money transfer

04. MoneyGram

MoneyGram is another well-known money transfer service in Canada that is available in over 200 countries. Also, it has more than 350,000 agent locations. It is considered the second largest foreign money transfer agency after Western Union.

This money transfer channel is really easy to transact and has special reward programs for its customers.

• Cost: Between 1% and 3% of the amount you convert
• Transfer Limit: 5,000 CAD per day and 10,000 CAD per month
• Completion: Within 1-2 business days

05. Xoom

Xoom is another well-known international money transfer service that is a great alternative to PayPal. Around 250 million people worldwide are using Xoom. Xoom app makes it easy to send money to Bangladesh from any foreign country.

The app allows its users to log in through a biometric system and you can use it to send money to mobile wallets, bank deposits and cash pickup.

• Cost: Between 0.5% and 1% of the amount you convert
• Transfer Limit: 2,999 CAD per day and 10,000 CAD per month
• Completion: Within 1-2 business days

06. Taptap Send

Another well-known money transfer service is CanadaTap Send. which is known in USA, Canada and UK. Using this app you can send money to Bangladesh in a short period of time. It provides a hassle-free experience and it is best suited for freelancing payments.

If you have done something wrong, they have a refund option. But this option is only available for bank transfer. They can’t do anything if you send money to wrong Bikash number.

• Cost: Between 0.5% and 1% of the amount you convert
• Transfer Limit: 9,500 CAD per day and 30,000 CAD per week
• Completion: Within 1-2 business days

Best Money Transfer Services from Canada to Bangladesh money transfer

07. Instarem

Instarem is a fast and affordable money transfer service in Canada. Besides charging low transaction fees, they are best known for their bank-beating rates. Their transparent price makes them popular. Sending money from Canada using Instarem services is safe.

• Cost: Between 0.4% and 1% of the amount you convert (No hidden charge)
• Transfer Limit: 9,500 CAD per day and 30,000 CAD per week
• Completion: Within 1-2 business days

08. Remitbee

Remitbee is a fast and secure money transfer service available in Canada. By using this service, you can easily send money from Canada to Bangladesh. It is highly suggestable. Though it is comparatively new in the market, thousands of Canadians have found it reliable. Since its inception in 2015, Remitbee has won the hearts of millions of Canadians.

You can send money to several Bank accounts including Sonali Bank, Grameen Bank, Janata Bank Limited, BRAC Bank, Dutch-Bangla Bank, and more.

• Cost: Between 0% and 0.19% of the amount you convert
• Transfer Limit: 9,500 CAD per day and 30,000 CAD per week
• Completion: Within 1-2 business days

09. ACE Money Transfe

ACE Money Transfer is a popular money transfer service in Canada with fast and affordable service. With their service, you get the facility to send money from 28 countries and receive it from 100 countries.

To get started, you just need to sign up an online account. ACE team is highly dedicated to ensure 24/7 customer support. Plus, they offer unbeatable exchange rates.

• Cost: Between 0.5% and 1% of the amount you convert
• Transfer Limit: 9,500 CAD per day and 30,000 CAD per week
• Completion: Within 1-2 business days

Best Money Transfer Services from Canada to Bangladesh money transfer

10. Panda Remit

Panda Remit is a well-known online payment gateway in Canada. Say goodbye to traditional bank transfers and embrace hassle-free money transactions. With 100% security guarantee, it is one of the cheapest options for cross-border remittances.

If you use Panda Remit, you are bound to be a trusted user. Panda Remit is currently used by over 1 million users, with the service operating in over 30 countries.

• Cost: Between 0.9% and 2% of the amount you convert
• Transfer Limit: 5,000 CAD per day and 10,000 CAD per month
• Completion: Within 1-3 business days

Final Words

Here we discuss the top money transfer services that enable you to send money from Canada to Bangladesh. You can choose any of these services based on your preference which service is convenient for you However, we recommend considering transaction costs and exchange rates to ensure a satisfactory money transfer experience. This list was compiled using customer reviews from various online sources, but your personal needs may differ.

However, one thing to keep in mind is that these service charges may change or increase, so we request your cooperation in this regard.