Bangladesh is a South Asian nation defined by its lush greenery and many waterways, sitting on the world’s largest river delta. Its capital, Dhaka, is a dense, high-energy metropolis and the country’s economic core. With a population of approximately 174 million, the economy is driven by garment manufacturing and a massive remittance inflow from the diaspora. Key exports include ready-made garments, jute, and frozen fish, supported by a rapidly growing digital economy and substantial government incentives for foreign exchange.
Money Transfer Locations
Western Union
Western Union has over 16,000 locations in Bangladesh, primarily through partners like Bank Asia, Social Islami Bank (SIBL), and BRAC Bank.
- Dhaka – Motijheel, Gulshan, Uttara, Dhanmondi, and Mirpur
- Chattogram (Chittagong) – Agrabad, GEC Circle, and Nasirabad
- Sylhet – Zindabazar, Dargah Gate, and Ambarkhana
- Rajshahi – Shaheb Bazar and Ghoramara
- Khulna – Sir Iqbal Road and Khalishpur
- Barishal – Sadar Road
- Rangpur – Station Road and Jahaz Company Mor
- Mymensingh – Ganginarpar
- Cumilla – Kandirpar
- Gazipur – Joydebpur and Board Bazar
- Narayanganj – Chashara
- Bogra – Santahar Road
MoneyGram
MoneyGram is widely accessible through Stellar Exchange partners, Pubali Bank, and Islami Bank Bangladesh.
- Dhaka – Banani, Mohakhali, and Jatrabari
- Chattogram – Halishahar and Pahartali
- Sylhet – Beani Bazar and Moulvibazar hub
- Feni – Trunk Road
- Noakhali – Maijdee Court
- Brahmanbaria – Town Centre
- Jessore – Kotwali area
- Kushtia – Town Square
- Tangail – Main Bazar
- Dinajpur – Modern Mor
Ria Money Transfer
Ria services are heavily integrated with Sonali Bank, Dutch-Bangla Bank, and various microfinance institutions.
- Dhaka – Motijheel (Sonali Bank Main Branch) and Farmgate
- Chattogram – Anderkilla
- Sylhet – Shibgonj
- Cox’s Bazar – Main Road
- Narsingdi – Town Centre
- Pabna – Abdul Hamid Road
- Sirajganj – Boma area
Major Bank & Digital Partners
Remittances in Bangladesh are often credited directly to bank accounts or mobile wallets, qualifying for a 2.5% government incentive:
- bKash (Mobile Wallet – Instant Payout)
- Nagad (Mobile Wallet – Government Partner)
- Islami Bank Bangladesh PLC (IBBL)
- Dutch-Bangla Bank (DBBL)
- BRAC Bank
- Sonali Bank (State-owned)
- Bank Asia
- City Bank
- Mutual Trust Bank (MTB)
Frequently Asked Questions
How can I send money to the Philippines from Bangladesh?
You can send money home to the Philippines from Bangladesh through licensed remittance providers such as Western Union, MoneyGram, Ria, Wise, Remitly, and PNB Remittance. Major Philippine banks (BDO, BPI, Metrobank, Landbank) accept inbound transfers via SWIFT and partner corridors, and digital wallets like GCash and Maya support direct cash-in from many providers in Bangladesh.
How long does a remittance from Bangladesh to the Philippines take?
Most digital transfers from Bangladesh to the Philippines arrive within minutes for cash pickup and 1–2 business days for bank deposit to BDO, BPI, Metrobank, Landbank and other Philippine banks. Bank-to-bank SWIFT wires can take 2–4 business days. Weekend transfers usually post on the next Philippine banking day.
What ID does my family in the Philippines need to receive the money?
Recipients in the Philippines must present a valid government-issued photo ID (PhilSys/National ID, passport, driver's licence, UMID, or PRC ID), the sender's full name in Bangladesh, the exact amount, and the reference/MTCN number. Some providers also require the recipient's mobile number for OTP verification.
Which providers offer the best exchange rate from Bangladesh to the Philippines?
Rates change daily, but Wise, Remitly, and Ria typically post mid-market or near-mid-market PHP rates from Bangladesh, while Western Union and MoneyGram trade rate for wider Philippine cash-pickup networks. Always compare the all-in cost (fee + FX margin) on each provider's quote before sending — savings of 2–4% are common on OFW corridors.
Is it safe to send remittances from Bangladesh to the Philippines in 2026?
Yes — sending money from Bangladesh to the Philippines is safe when you use a provider licensed in Bangladesh on the sending side and a BSP-registered receiving agent in the Philippines. Verify your recipient's full legal name as printed on their ID, share the reference number privately, and avoid social-media middlemen. Report any issues to your local financial regulator in Bangladesh and to the BSP Consumer Affairs Group for the Philippine end.