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Compare today's SOS to BDT (Somali Shilling to Bangladeshi Taka) exchange rates

Somalia
Bangladesh
SOS

Interbank Exchange Rate: 1 SOS = 0.2143 BDT
Updated about an hour ago

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All you need to know about Somali Shilling to Bangladeshi Taka money transfers

Easily compare money transfer providers in one place to send money from Somalia to Bangladesh. Send money overseas to your loved ones by comparing Somali Shilling (SOS) to Bangladeshi Taka (BDT) 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.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Somalia.

Were you looking to send money from Bangladesh to Somalia instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest SOS to BDT Conversion Rates

Here are some latest SOS to BDT (Somali Shilling to Bangladeshi Taka) exchange rates for popular conversion amounts*.

1 SOS0.21 BDT
5 SOS1.07 BDT
10 SOS2.14 BDT
25 SOS5.36 BDT
50 SOS10.72 BDT
100 SOS21.43 BDT
150 SOS32.14 BDT
200 SOS42.86 BDT
250 SOS53.57 BDT
300 SOS64.29 BDT
400 SOS85.72 BDT
500 SOS107.15 BDT
600 SOS128.58 BDT
700 SOS150.01 BDT
800 SOS171.44 BDT
1,000 SOS214.30 BDT
1,500 SOS321.45 BDT
2,000 SOS428.60 BDT
2,500 SOS535.75 BDT
3,000 SOS642.90 BDT
4,000 SOS857.20 BDT
5,000 SOS1,071.50 BDT
10,000 SOS2,143.00 BDT
15,000 SOS3,214.50 BDT
20,000 SOS4,286.00 BDT
30,000 SOS6,429.00 BDT
40,000 SOS8,572.00 BDT
50,000 SOS10,715.00 BDT
100,000 SOS21,430.00 BDT

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


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

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Somalia to Bangladesh. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Somali Shilling to BDT.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send SOS to BDT in Bangladesh. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Bangladesh from Somalia. We provide you with maximum choices to send money to Bangladesh by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Bangladesh from Somalia?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Bangladesh from Somalia. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your SOS to Bangladeshi Taka money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Somalia to Bangladesh corridor to give you more good choices for your next BDT money transfer. This way you do not miss out on additional options to potentially save more.


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

One of the most important things to watch out for is hidden fees when sending money to Bangladesh from Somalia. 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 Bangladesh using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Bangladeshi Taka foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best SOS to Bangladesh 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 Bangladesh from Somalia.


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

We do not recommend using your local bank in Somalia for your next SOS 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 Somalia 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 Somalia 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.


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

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Somalia to Bangladesh. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert SOS to BDT fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Somali Shilling amount reaching Bangladesh. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Bangladeshi Taka quickly to Bangladesh, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to send money to Bangladesh from Somalia?

Since the Somali Shilling 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 Somalia 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 SOS 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 Somalia to Bangladesh transaction.


Step by step guide to send money to Bangladesh from Somalia

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 Somalia to Bangladesh, 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 Somalia to Bangladesh 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 Bangladesh where they can receive monies in Bangladeshi Taka.
  • Then, provide details of your Somalia 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.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your SOS travel to another part of the globe.