Question 1

What's the best way to send money from Singapore to Bangladesh?

Accepted Answer

It can be very confusing when sending money from Singapore to Bangladesh given so many choices. Additionally, Singapore Dollar to BDT exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Singapore to Bangladesh as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Bangladesh from Singapore. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Singapore Dollar to Bangladeshi Taka remittances.

Question 2

How to get the best exchange rate for sending money from Singapore to Bangladesh?

Accepted Answer

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Bangladesh.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Singapore to Bangladesh transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your SGD to Bangladeshi Taka money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.

Question 3

What's the cheapest way to send money to Bangladesh from Singapore?

Accepted Answer

Finding the cheapest way to send money from Singapore to Bangladesh might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer SGD to BDT via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Singapore to Bangladesh exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.

Question 4

How to send money from Singapore to Bangladesh through a bank?

Accepted Answer

We do not recommend using your local bank in Singapore for your next SGD to BDT overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Singapore to Bangladesh (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending BDT to Bangladesh. These companies will let you use your local bank account in Singapore to pay for your Bangladesh money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.

Question 5

What is the fastest way to transfer money from Singapore to Bangladesh?

Accepted Answer

If you need to convert SGD to BDT as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Singapore to Bangladesh could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Singapore Dollar to Bangladeshi Taka funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Bangladesh.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Singapore to Bangladesh. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.

Question 6

Which are the best money transfer companies to transfer money to Bangladesh from Singapore?

Accepted Answer

Since the Singapore Dollar to Bangladeshi Taka money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Singapore that may also be able to send money to Bangladesh. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your SGD to BDT money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Bangladesh gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Singapore to Bangladesh transaction.

Question 7

Step by step guide to transfer money to Bangladesh from Singapore

Accepted Answer

Follow the below easy steps to send money to Bangladesh from Singapore.

If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Singapore bank account to fund your transaction.
Add your recipient - provide details about who will receive the funds (can also be your own account in Bangladesh).
Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
Add the transfer amount and start the transaction.

The provider will then work on your SGD to BDT remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.

1 SGD	94.18 BDT
5 SGD	470.89 BDT
10 SGD	941.77 BDT
25 SGD	2,354.43 BDT
50 SGD	4,708.87 BDT
100 SGD	9,417.73 BDT
150 SGD	14,126.60 BDT
200 SGD	18,835.46 BDT
250 SGD	23,544.33 BDT
300 SGD	28,253.19 BDT
400 SGD	37,670.92 BDT
500 SGD	47,088.65 BDT
600 SGD	56,506.38 BDT
700 SGD	65,924.11 BDT
800 SGD	75,341.84 BDT
1,000 SGD	94,177.30 BDT
1,500 SGD	141,265.95 BDT
2,000 SGD	188,354.60 BDT
2,500 SGD	235,443.25 BDT
3,000 SGD	282,531.90 BDT
4,000 SGD	376,709.20 BDT
5,000 SGD	470,886.50 BDT
10,000 SGD	941,773.00 BDT
15,000 SGD	1,412,659.50 BDT
20,000 SGD	1,883,546.00 BDT
30,000 SGD	2,825,319.00 BDT
40,000 SGD	3,767,092.00 BDT
50,000 SGD	4,708,865.00 BDT
100,000 SGD	9,417,730.00 BDT

Compare today's SGD to BDT (Singapore Dollar to Bangladeshi Taka) exchange rates

Found 11 Remittance Service Providers

All you need to know about Singapore Dollar to Bangladeshi Taka money transfers

Latest SGD to BDT Conversion Rates

What's the best way to send money from Singapore to Bangladesh?

How to get the best exchange rate for sending money from Singapore to Bangladesh?

What's the cheapest way to send money to Bangladesh from Singapore?

How to send money from Singapore to Bangladesh through a bank?

What is the fastest way to transfer money from Singapore to Bangladesh?

Which are the best money transfer companies to transfer money to Bangladesh from Singapore?

Step by step guide to transfer money to Bangladesh from Singapore

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