Corridor
Sending money to Bangladesh from the US
1 USD = 124.15 BDT
What arrives in Bangladesh
A transfer from the US to Bangladesh converts US dollars into Bangladeshi taka. Two things sit between the rate above and the amount your recipient sees: the fee the service charges, and the margin it adds to the rate itself. The second is usually larger, and is often not presented as a cost at all.
Indicative rate vs what you’ll actually get
The USD/BDT rate above is the indicative rate published by Central Bank of Oman indicative exchange rates on 2026-11-01. It is the reference point, not a price you can transact at.
Why the amount received is lower
- Transfer fee. A flat charge, or a percentage, taken by the sending service.
- Exchange rate markup. Most services apply a spread to the reference rate. This is usually the larger cost and is often not shown as a fee.
- Receiving method. Bank deposit, mobile wallet and cash pickup can carry different rates and charges.
- Timing. Reference rates are published once per working day; a transfer is priced when it is executed.
What a markup costs
Illustration only, not a quote from any provider: at a 1.5% markup with a $4.00 fee, sending $1,000 delivers about ৳1,21,799 instead of the ৳1,24,150 the indicative rate implies — a difference of ৳2,351.
Common amounts sent from the US
| You send | Reference value in BDT | Detail |
|---|---|---|
| $100 | ৳12,415 | 100 US dollars in BDT |
| $200 | ৳24,830 | 200 US dollars in BDT |
| $500 | ৳62,075 | 500 US dollars in BDT |
| $1,000 | ৳1,24,150 | 1k US dollars in BDT |
| $2,000 | ৳2,48,301 | 2k US dollars in BDT |
| $5,000 | ৳6,20,752 | 5k US dollars in BDT |
What to know about receiving money in Bangladesh
A government top-up that can exceed the transfer margin
Bangladesh pays a cash incentive on remittances arriving through formal banking and licensed transfer channels, introduced at 2% in 2019 and raised to 2.5% in 2022. It is added to what the recipient is paid, so it works in the opposite direction to a provider's margin, and at 2.5% it is larger than the spread many providers charge. It applies only to money sent through legal channels; cash carried by hand or sent informally does not qualify.
How and when the incentive is credited differs between banks and transfer operators, and documentation may be requested above certain amounts. Confirm the current rate and the conditions with the receiving bank before relying on it.
Dhaka Tribune, reporting the FY2026-27 national budget · checked 2026-09-18
Before you send
- Compare the rate, not just the fee. A service advertising no fee may take more through its margin than one charging a flat amount.
- Check the receiving method. Bank deposit, mobile wallet and cash pickup can be priced differently.
- Check when it is priced. The reference rate is published once per working day; a transfer is converted when it is actually executed.