The ways money goes from Singapore to Bangladesh
| Way | How the family receives it | Watch for |
|---|---|---|
| Singtel Dash (Dash Remit), in the Dash app | A bank account, a mobile wallet such as bKash, or cash pickup | Its own daily and monthly limits, which differ for Work Permit holders |
| Transfer apps (Wise, Remitly and others) | A bank account, bKash, or cash pickup, depending on the app | The exchange rate each one gives, not only the fee |
| A licensed remittance shop | A bank account, bKash or cash pickup | The rate on the board that day; compare it with an app |
Compare the final taka that will arrive for the same amount in Singapore dollars. A low fee with a weak exchange rate can cost more than a higher fee with a good one.
Check the company is licensed
Companies that send money abroad from Singapore must be licensed by the Monetary Authority of Singapore (MAS). You can look any company or shop up in MAS's Financial Institutions Directory. Wise, for example, is licensed as a Major Payment Institution. An unlicensed agent, or hundi, has no protection if the money disappears.
What else to check
- Limits. Apps set daily and monthly limits, and some set different ones for Work Permit holders. Check them before a large transfer, such as for a wedding or a house.
- The weekend. Singapore's weekend is Saturday and Sunday; Bangladesh's banks close on Friday and Saturday. A bank deposit sent late in the week can wait days; a wallet transfer usually arrives any day.
- bKash limits. bKash says up to Tk 2,50,000 can be received in one transaction under Bangladesh Bank rules.
The 2.5% government incentive
Bangladesh adds a 2.5% cash incentive to money sent home through legal channels, paid to your family on arrival by the receiving bank or wallet; the government said in its June 2026 budget that it will continue. How it is paid, the limits on bKash and what taking the cash out costs are explained in receiving money from abroad in Bangladesh.
Questions people ask
What is the best app to send money from Singapore to Bangladesh?
There is no single best one: it changes with the rate. Compare the taka each app says will arrive for the same amount on the day you send. Singtel Dash, Wise and Remitly all send to Bangladesh.
Can I send to bKash from Singapore?
Yes. Singtel Dash and several transfer apps pay into bKash wallets. Choose bKash as the delivery method in the app.
How do I know a remittance shop is legal?
Look its name up in the Monetary Authority of Singapore's Financial Institutions Directory. Licensed shops are listed there.