Send Money from Italy to Bangladesh
Compare current EUR → BDT rates from 17+ providers. bKash & bank delivery available.
Why People Send Money Italy → Bangladesh
Italy is home to over 160,000 legally resident Bangladeshi citizens according to Italian Ministry data (2023), with broader estimates reaching 175,000–200,000 including undocumented residents. Concentrated in Rome, Milan, and Turin, the community primarily works in trade, hospitality, and services. Remittances from Italy support families back home, fund housing construction, cover education and medical costs, and contribute to Bangladesh's record-high inbound remittance totals in recent years. Fees across providers vary significantly — compare them in the tool above to find the best deal for your amount.
Pro Tip: SEPA transfer can be cheaper than paying by card
Paying by SEPA bank transfer can be cheaper than using a card with some providers. Use the comparison table above to see which provider delivers the most BDT for your amount today — the cheapest option changes daily as exchange rates move.
How to send money from Italy to Bangladesh
- Compare EUR→BDT rates in the tool above: Look at the total BDT your recipient receives — not just the listed fee. The exchange rate margin is often where providers hide cost. For a €500 transfer, a 1% rate difference means roughly ৳600 BDT less for your recipient.
- Choose your provider and sign up: Register using your Italian ID card or passport. You will need a government-issued photo ID and proof of address. For transfers above €5,000, some providers may ask for proof of income or source of funds — have these ready in advance to prevent delays.
- Enter recipient details carefully: For bKash or Nagad: just the 11-digit mobile wallet number. For bank deposit: account number (13–17 digits), bank name, and the 9-digit branch routing number. For cash pickup: recipient's full name exactly as on their government ID.
- Pay via SEPA for lowest cost: SEPA bank transfer from your Italian account is free and typically processes within hours. Visa/Mastercard debit cards are accepted by most providers but add approximately 1–2% in card-processing cost. Avoid credit cards — they often incur a cash advance fee from your Italian bank on top of the transfer cost.
- Confirm and notify your recipient: After confirming, your recipient receives an SMS notification for bKash and Nagad deliveries. For bank deposits submitted before 12:00 noon Bangladesh Standard Time (BST, UTC+6), funds typically arrive the same day. After noon, expect the next business day — note that Friday and Saturday are the weekend in Bangladesh.
What to know
bKash: 60m+ users, wallet limits apply
bKash is Bangladesh's most popular mobile wallet with over 60 million registered users. It is the preferred payout for speed and convenience. Key limit: a bKash wallet holds a maximum of ৳150,000 BDT at one time — if the wallet is full, the transfer retries daily. WorldRemit caps bKash deposits at ৳125,000 BDT per transfer. Confirmed for bKash delivery from Italy: WorldRemit. WorldRemit supports Bangladesh mobile wallet delivery and is a likely option from Italy — select 'mobile wallet' in the comparison tool to confirm for your amount.
Bangladesh bank details: routing number required
Bangladesh does not use IBANs. For bank deposits you need: the recipient's account number (13–17 digits depending on the bank), plus a 9-digit routing number identifying the specific branch. Major banks accepting international transfers include Sonali Bank, Islami Bank Bangladesh, Dutch-Bangla Bank (DBBL), BRAC Bank, Prime Bank, and City Bank. Recipients can find their routing number in their bank app, on a cheque, or by calling the branch.
Bangladesh pays a 2% government remittance incentive
Bangladesh Bank pays a 2% cash incentive on all inbound remittances received through official channels. If you send the equivalent of €500, your recipient automatically receives 2% more BDT on top — paid by the government. This only applies to licensed transfers (not informal Hundi networks). Transfers from Italy are also subject to EU anti-money-laundering checks and Italian reporting rules for larger amounts — your provider may ask for ID and additional documents for high-value transfers.
For Italy→Bangladesh transfers, Western Union operates a dedicated Italy→Bangladesh send path, supporting bank deposit and cash pickup. WorldRemit has a dedicated Italy→Bangladesh and Italy→bKash page — it is the confirmed choice for bKash mobile wallet delivery from Italy, with competitive EUR→BDT rates (note: WorldRemit caps bKash transfers at ৳125,000 BDT per transaction). WorldRemit supports Bangladesh delivery methods including mobile money, bank deposit, and cash pickup, and may be a good option for wallet delivery from Italy — use the comparison tool to confirm availability for your amount. Sendwave has a dedicated Italy→Bangladesh page and is worth comparing for bank deposit transfers. Use the comparison table above to see today's current rates — the cheapest provider for your specific amount changes daily.
FAQs
What is the cheapest way to send money from Italy to Bangladesh?
The cheapest provider changes daily with exchange rates. Use the comparison table above to see which provider delivers the most BDT for your amount today. As a general principle, always avoid your Italian bank's international transfer service — banks typically apply a 3–5% exchange rate markup on top of any fees, costing significantly more than specialist providers. Paying by SEPA bank transfer rather than debit or credit card also keeps costs lowest with most providers.
Can I send money to bKash from Italy?
Yes. WorldRemit supports bKash delivery from Italy and is the confirmed option for mobile wallet transfers — it has a dedicated Italy→bKash product page. WorldRemit supports Bangladesh mobile wallet delivery and is a likely option from Italy; select 'mobile wallet' as the delivery method in the comparison tool to confirm availability for your amount. Western Union and Sendwave cover Italy→Bangladesh but their bKash availability from Italy has not been independently confirmed — check their Italy send pages directly before choosing.
How long does a money transfer from Italy to Bangladesh take?
For bKash and Nagad mobile wallet deliveries: typically hours, sometimes minutes. For bank deposits: transfers submitted before 12:00 noon Bangladesh Standard Time (BST, UTC+6) usually arrive the same day; after noon, expect the next business day. Note that Friday and Saturday are the weekend in Bangladesh, so banks are closed on those days. Cash pickup via Western Union is available within minutes at agent locations.
Which providers cover Italy → Bangladesh?
Western Union, WorldRemit, and Sendwave all have dedicated Italy→Bangladesh pages or confirmed coverage. Use the comparison tool above to see which providers appear for your sending amount and delivery method today — results change daily as exchange rates move.
What bank details does my recipient need to receive money in Bangladesh?
For bKash or Nagad: just their 11-digit mobile wallet number. For bank deposit: account number (13–17 digits), bank name, and 9-digit branch routing number (found in their bank app or on a cheque). Major banks: Sonali Bank, Islami Bank Bangladesh, Dutch-Bangla Bank, BRAC Bank, Prime Bank, City Bank. For cash pickup: recipient's full name exactly as on government ID. As the sender in Italy, you need a government-issued photo ID; for larger transfers you may need proof of income or source of funds.
Does Bangladesh offer a bonus on incoming remittances from Italy?
Yes. Bangladesh Bank pays a 2% government incentive on all incoming remittances received through official licensed channels. If you send €500, your recipient receives 2% more BDT on top — paid by the Bangladesh government automatically. This incentive applies only to regulated, licensed providers (not informal Hundi networks).
What is the best app to send money from Italy to Bangladesh?
For bKash delivery: WorldRemit is the confirmed option from Italy — it has a dedicated Italy→bKash product page. For bank deposit or cash pickup: compare WorldRemit, Western Union, and Sendwave using the tool above — the best choice depends on today's EUR→BDT rate for your amount. Avoid your Italian bank's transfer service, which typically charges 3–5% more than specialist providers.
Are there reporting requirements for transfers from Italy to Bangladesh?
Transfers from Italy are subject to EU anti-money-laundering regulations and Italian reporting rules for larger amounts. Your provider handles compliance automatically — but for high-value transfers you may be asked for ID, proof of income, or documentation explaining the purpose of the transfer. Having these ready in advance prevents delays.