Compare today's BDT to MYR (Bangladeshi Taka to Malaysian Ringgit) exchange rates
Interbank Exchange Rate: 1 BDT = 0.0339 MYR
Updated about an hour ago
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All you need to know about Bangladeshi Taka to Malaysian Ringgit money transfers
Easily compare money transfer providers in one place to send money from Bangladesh to Malaysia. Send money overseas to your loved ones by comparing Bangladeshi Taka (BDT) to Malaysian Ringgit (MYR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.
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Latest BDT to MYR Conversion Rates
Here are some latest BDT to MYR (Bangladeshi Taka to Malaysian Ringgit) exchange rates for popular conversion amounts*.
| 1 BDT | 0.03 MYR |
| 5 BDT | 0.17 MYR |
| 10 BDT | 0.34 MYR |
| 25 BDT | 0.85 MYR |
| 50 BDT | 1.70 MYR |
| 100 BDT | 3.39 MYR |
| 150 BDT | 5.09 MYR |
| 200 BDT | 6.78 MYR |
| 250 BDT | 8.48 MYR |
| 300 BDT | 10.17 MYR |
| 400 BDT | 13.56 MYR |
| 500 BDT | 16.95 MYR |
| 600 BDT | 20.34 MYR |
| 700 BDT | 23.73 MYR |
| 800 BDT | 27.12 MYR |
| 1,000 BDT | 33.90 MYR |
| 1,500 BDT | 50.85 MYR |
| 2,000 BDT | 67.80 MYR |
| 2,500 BDT | 84.75 MYR |
| 3,000 BDT | 101.70 MYR |
| 4,000 BDT | 135.60 MYR |
| 5,000 BDT | 169.50 MYR |
| 10,000 BDT | 339.00 MYR |
| 15,000 BDT | 508.50 MYR |
| 20,000 BDT | 678.00 MYR |
| 30,000 BDT | 1,017.00 MYR |
| 40,000 BDT | 1,356.00 MYR |
| 50,000 BDT | 1,695.00 MYR |
| 100,000 BDT | 3,390.00 MYR |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Bangladesh to Malaysia?
With the global remittance market booming, there are so many choices for Bangladeshi Taka to MYR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Malaysia from Bangladesh. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final MYR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best exchange rate for your money transfers from Bangladesh to Malaysia?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your BDT to Malaysian Ringgit money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Bangladesh to Malaysia. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for BDT to MYR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way for transferring money to Malaysia from Bangladesh?
One of the most important things to watch out for is hidden fees when sending money to Malaysia from Bangladesh. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Malaysia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Malaysian Ringgit foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best BDT to Malaysia exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Malaysia from Bangladesh.
How to send money from Bangladesh to Malaysia through a bank?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low BDT to MYR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Bangladesh to Malaysia money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Malaysia from Bangladesh. They do this by letting you fund your transaction through your local bank account in Bangladesh, and by allowing you to choose the payout to be your recipient's bank account in Malaysia. But, you are likely to get much better rates and lower fees compared to your bank.
How to send money to Malaysia from Bangladesh fast?
It could be a stressful experience if you need to rush money quickly from Bangladesh to Malaysia. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert BDT to MYR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Malaysian Ringgit. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Bangladesh to Malaysia money transfers.
Which are the best money transfer companies to send money to Malaysia from Bangladesh?
The first step in selecting the best money transfer operators for Bangladesh to Malaysia remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.
Another factor that may help you decide which provider to go with would be any coupons and deals available for Bangladeshi Taka to Malaysian Ringgit money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Malaysia.
Step by step guide to send money to Malaysia from Bangladesh
Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Bangladesh to Malaysia, then please continue to read.One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Bangladesh to Malaysia that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.
Once you identify your provider of choice, follow the below step by step guide to send money.
- Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
- Provide information about the receiver - name, address and a bank account in Malaysia where they can receive monies in Malaysian Ringgit.
- Then, provide details of your Bangladesh bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
- Finally, select the amount you want to transfer, and click Send.
- The provider will start your transaction, and keep you updated on the progress of your transfer.