How to Send Money from UAE to Bangladesh: Best Methods
Learn the best and most secure ways to send money from UAE to Bangladesh, including mobile wallets, online services, bank transfers, and exchange houses.
Introduction
Every year, thousands of Bangladeshi expatriates working in the United Arab Emirates (UAE) send money back home to support their families. In fact, remittance from UAE to Bangladesh remains one of the top sources of foreign currency for the country. But with many methods available—some fast, some cheap, and others reliable—choosing the best way to send money can be confusing.
Why Choosing the Right Money Transfer Method Matters
Transferring money internationally isn’t just about pressing send. You need to consider:
- Exchange rate
- Transfer fees
- Speed
- Accessibility
Choosing the right method can save you time, money, and frustration.
Top Methods to Send Money from UAE to Bangladesh
- Bank Transfer (SWIFT)
- Exchange Houses (UAE Licensed)
- Mobile Wallets (bKash, Nagad)
- Online Transfer Platforms (Wise, Remitly, Xoom)
- Western Union and MoneyGram
1. Bank Transfers (SWIFT Method)
Pros:
- Secure and regulated
- Ideal for large transfers
Cons:
- Takes 2–4 working days
- Higher fees
Best For: Business payments and large family support transfers.
2. UAE Exchange Houses
Top Options: Al Ansari, Lulu Exchange, UAE Exchange
Pros:
- Widely available branches
- Competitive exchange rates
Cons:
- Must visit the branch physically
Transfer Speed: 10 minutes to 24 hours
3. Mobile Wallets (bKash, Nagad)
Features:
- Send money directly to mobile wallets
- Fastest method
Pros:
- Instant delivery
- No bank account needed
Cons:
- Daily limits on amount
- Cash-out charges apply
4. Online Transfer Platforms
Popular Services: Wise, Remitly, Xoom, WorldRemit
Pros:
- Transparent fees
- Good exchange rates
Cons:
- Requires mobile banking or debit/credit card
5. Western Union & MoneyGram
Pros:
- Ideal for cash pickup in rural areas
- Reliable network
Cons:
- Higher service fees
- Exchange rate may not be the best
Comparison Table of Methods
| Method | Speed | Fees | Best For |
|---|---|---|---|
| Bank Transfer | 2–4 days | High | Large payments |
| Exchange House | 10 min–24 hrs | Moderate | Regular transfers |
| Mobile Wallet | Instant | Low | Quick support |
| Online Apps | 1–2 days | Low–Moderate | Tech-savvy users |
| Western Union | Same day | High | Cash pickup |
Final Tips for Sending Money from UAE to Bangladesh
- Always check the latest exchange rate
- Compare platforms before sending
- Use mobile wallets for speed and convenience
- Double-check recipient info before transfer
Conclusion
Sending money from UAE to Bangladesh has never been easier. With mobile wallets, exchange houses, and online platforms, you can choose the best method based on speed, fees, and convenience. Always prioritize secure, verified channels and stay informed about your options to ensure the most value for your hard-earned money.