Send Money from Germany to Bangladesh

Compare current EUR → BDT rates from 17+ providers. Fast and affordable.

Why People Send Money Germany → Bangladesh

Germany is home to roughly 170,000 people of Bangladeshi origin — one of the largest Bangladeshi diaspora communities in Europe. Concentrated in cities like Frankfurt, Hamburg, and Cologne, the community primarily works in hospitality, retail, and trade. Remittances support families back home, fund construction projects, cover education costs, and form a critical part of Bangladesh's foreign exchange earnings. The total cost of sending can range from as low as 0.0% with the cheapest provider to as high as 3.9% — a huge gap that makes comparison essential. Your German bank charges 5–9% including hidden FX markup and should always be avoided.

Pro Tip: Western Union Is Often the Cheapest

Counterintuitively, Western Union is the cheapest option for Germany→Bangladesh in 67.9% of comparisons (per Monito data). Its online average cost is ~0.2% of the transfer amount — much lower than most people expect. It also supports bKash delivery. Always compare before assuming which provider wins.

How to send money from Germany to Bangladesh

Compare EUR→BDT rates in the tool above: Look at the total amount your recipient receives in BDT — not just the listed fee. The exchange rate margin is often where providers hide cost. For a €500 transfer, a 1% rate difference means ~৳600 BDT less for your recipient.
Choose your provider and sign up: Register using your German ID 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.
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 German account is free and typically processes within hours. Visa/Mastercard debit cards are accepted by WorldRemit and most providers but add ~1–2% in card processing cost. Avoid credit cards — they often incur a cash advance fee from your card issuer.
Confirm and notify your recipient: After confirming, your recipient gets an SMS notification for bKash/Nagad deliveries. For bank deposits submitted before 12:00 noon BST (Bangladesh Standard Time), 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 method for many recipients due to speed and convenience. Important limit: a bKash wallet can hold a maximum of ৳150,000 BDT at one time. If the recipient's wallet is already full, the transfer will retry automatically each day until it succeeds. WorldRemit specifically caps bKash deposits at ৳125,000 BDT per single transfer. Providers supporting bKash from Germany: WorldRemit, Western Union, WorldRemit, Sendwave, MoneyGram, Small World, Skrill.

Bank account details required in Bangladesh

Bangladesh does not use IBANs. For a bank deposit you need: the recipient's bank account number (13–17 digits depending on the bank), plus a 9-digit routing number that identifies 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. Your recipient can find their routing number in their bank app, on a cheque, or by calling the branch.

Bangladesh Bank pays a 2% remittance incentive

The Bangladesh government pays a 2% cash incentive on top of all incoming international remittances received through official banking channels. This bonus is paid directly by Bangladesh Bank to the recipient's account — so if you send €500 worth of BDT, your recipient effectively receives 2% more. This only applies to transfers made through licensed providers, not informal Hundi networks. It is an additional reason to always use a regulated service.

For Germany→Bangladesh transfers, Western Union is the most frequently cheapest provider — it tops Monito's comparison in 67.9% of cases, with an average online cost of just ~0.2% of the transfer amount. It supports bank deposit, cash pickup (available at agent locations in minutes), and bKash. WorldRemit is excellent for bKash delivery and accepts Visa/Mastercard debit cards — note its ৳125,000 BDT per-transfer bKash limit. Sendwave supports both bKash and bank deposit; its Mutual Trust Bank transfers arrive in approximately 10 minutes. Paysend offers a flat fee of just €1.50 — making it especially attractive for smaller amounts. Dahabshiil is typically the cheapest specifically for cash pickup. Check Wise's availability for this corridor as it varies — use the comparison tool above for live results.

FAQs

What is the cheapest way to send money from Germany to Bangladesh?

Based on Monito comparison data over the past 3 months, Western Union online is the cheapest option in 67.9% of comparisons for this corridor — with an average total cost of just ~0.2% of the transfer amount. Paysend (€1.50 flat fee) is often the best value for smaller amounts under €200. The most expensive option is always your German bank — traditional banks charge 5–9% once you include their hidden exchange rate markup. Use the comparison tool above to see which provider wins for your specific amount today.

Can I send money to bKash from Germany?

Yes. Multiple providers support bKash delivery from Germany: WorldRemit, Western Union, WorldRemit, Sendwave, MoneyGram, Small World, and Skrill. Select "mobile wallet" as the delivery option and enter the recipient's bKash-registered 11-digit mobile number. Note: bKash wallets hold a maximum of ৳150,000 BDT — if the wallet is full, the transfer retries daily. WorldRemit caps each bKash transfer at ৳125,000 BDT.

How long does a money transfer from Germany to Bangladesh take?

For bKash and Nagad mobile wallet deliveries: typically minutes to a few hours. For bank deposits: transfers submitted before 12:00 noon Bangladesh Standard Time (BST) usually arrive the same day; after noon, the next business day. Note that Friday and Saturday are the weekend in Bangladesh, so banks are closed. Sendwave transfers to Mutual Trust Bank arrive in approximately 10 minutes. Cash pickup via Western Union or MoneyGram is available within minutes at agent locations.

What is the best app to send money from Germany to Bangladesh?

For overall value: Western Union's app (cheapest in 67.9% of comparisons). For bKash delivery: WorldRemit (strong EUR→BDT rates, accepts debit card). For small amounts: Paysend (€1.50 flat fee). For speed to a bank account: Sendwave (Mutual Trust Bank deposits in ~10 minutes). Use the comparison table at the top of this page to see current rates for your exact amount — the winner changes daily as exchange rates move.

What are Western Union's fees for Germany to Bangladesh transfers?

Western Union online charges an average of ~0.2% of the transfer amount for Germany→Bangladesh, making it one of the cheapest options for this corridor. The exact fee depends on the amount and payout method (bank deposit, bKash, or cash pickup). Cash pickup tends to cost slightly more. Dahabshiil averages ~0.4% specifically for cash pickup. Always check WU's website for the exact fee before sending, as rates change.

Is Wise available for Germany to Bangladesh transfers?

Wise's availability for the Germany→Bangladesh corridor varies and has not been confirmed in independent comparison data. Check Wise's availability for this corridor directly — use the comparison tool above for live results. If Wise does not appear in the comparison, the other providers listed (Western Union, WorldRemit, Sendwave, Paysend) all cover this corridor reliably.

Does Bangladesh offer a bonus on incoming remittances?

Yes. Bangladesh Bank pays a 2% government incentive on all incoming remittances received through official channels. This means if you send the equivalent of €500, your recipient automatically receives 2% more BDT on top — paid by the government, not the provider. This incentive only applies to licensed transfers, not informal Hundi networks. It is an additional reason to always use a regulated provider.

What information 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 by calling the branch). Major banks: Sonali Bank, Islami Bank Bangladesh, Dutch-Bangla Bank, BRAC Bank, Prime Bank, City Bank. For cash pickup: full name exactly as on government ID. As the sender, you need a government-issued photo ID; for transfers above €5,000 you may also need proof of income or source of funds.