Sending money to Bangladesh from Canada: how the options compare

From Canada most money reaches Bangladesh through a transfer app, paid into a bank account or a bKash wallet. The cheapest choice changes week to week, so the skill is comparing quickly. Here is how.

Updated

The ways money goes from Canada to Bangladesh

WayHow the family receives itTypical speedWatch for
A transfer app (Remitly, Wise, Taptap Send, Remitbee and others)A bank account, bKash, or cash pickup, depending on the appMinutes to a dayThe exchange rate, not only the fee; some waive the fee above a set amount
A money transfer company's app or counter (Western Union, Ria)Cash pickup, a bank account or bKashOften minutesCosts can differ between paying online and at a counter
Your Canadian bank (an international transfer)A bank account onlyOne to several business daysThe exchange rate markup and the wire fee

Which companies pay into bKash from Canada changes; bKash lists its partners by country on its own site. As of November 2026, Remitbee, for one, says it charges no fee on transfers over CAD 500 to bKash. Offers like that come and go, so compare the taka that arrive.

Check the company is registered

Money transfer companies in Canada must register with FINTRAC (the Financial Transactions and Reports Analysis Centre of Canada) as money services businesses. You can search FINTRAC's public registry by name before you send.

What else to check

  • The weekend. Bangladesh's banks close on Friday and Saturday and Canada's on Saturday and Sunday, so a bank deposit sent on a Thursday may not land until Sunday or later. Wallet transfers usually arrive any day.
  • Limits. bKash says up to Tk 2,50,000 can be received in one transaction under Bangladesh Bank rules.
  • The 2.5% incentive. Bangladesh adds 2.5% on arrival to money sent through legal channels; hundi gets none. How it is paid, and what cash-out costs: receiving money from abroad in Bangladesh.

Questions people ask

What is the cheapest way to send money from Canada to Bangladesh?

It changes, so enter the same amount in Canadian dollars into two or three apps and compare the taka each says will arrive.

Can I send money to bKash from Canada?

Yes. Several transfer apps registered in Canada pay into bKash wallets; choose bKash as the delivery method.

How do I check a money transfer company is legitimate in Canada?

Search for it in FINTRAC's money services business registry.

Where these figures come from

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