Send money from Bangladesh to India
A restricted corridor. Outbound transfers are allowed only for set purposes, and here's exactly how the money reaches India.
BDT
INRBangladesh runs strict exchange controls, so a resident cannot freely send money abroad. Transfers from Bangladesh to India are allowed only for approved purposes such as medical treatment, education and family maintenance, through a licensed bank or Western Union's outbound service. Our engine doesn't price this route, so confirm the live rate and rules before you send.
Restricted corridor · not a live quote
Sending money from Bangladesh to India
This is a tightly controlled corridor, and our live price comparison can't quote Bangladesh-origin transfers. A Bangladeshi resident cannot send money abroad freely: outward remittance is allowed only for approved purposes, chiefly study, medical treatment or family maintenance. The verified channels are Western Union's outbound service (offered through Bank Asia and Social Islami Bank) and Authorised Dealer banks sending by SWIFT. Each requires supporting documents, and rates and fees are set by the bank or operator, so confirm them before you send.
| Provider | Payout method | Speed | |
|---|---|---|---|
 | Bank deposit in India (also cash and wallet payout across its network), for study, medical or family maintenance | Often same day to a few business days once documents clear | Visit site |
| SWIFT bank transfer to an Indian bank, hospital or university account | Typically a few business days | Visit site | |
| SWIFT bank transfer to an Indian account, or Western Union payout | Typically a few business days | Visit site |
There is no free personal transfer from Bangladesh to India. Bangladesh's exchange controls allow outward remittance only for approved purposes, and on this route that is almost always medical treatment or education, since India is a major destination for both, plus family maintenance sent by an Indian national living in Bangladesh. The money moves through a licensed bank or Western Union's outbound service and arrives as rupees in an Indian bank, hospital or university account. You'll need documents to prove the purpose, and the cost sits in the bank's SWIFT fees and the margin on the exchange rate, so compare the rupees that actually arrive, not just the upfront fee.
Why Bangladesh to India shows no live prices
Currency Expert's live comparison engine prices transfers that start in the UK and a handful of other major sending countries, where the providers we connect to operate. None of them quote transfers that start in Bangladesh, and this corridor is tightly controlled, so there is no live price table to show.
More importantly, a Bangladeshi resident cannot send money abroad freely. Bangladesh Bank allows outward remittance only for approved purposes, so this page sets out what is permitted, the verified channels, and how the money reaches India. Treat it as a guide, not a quote, and confirm the rate, fee and paperwork with the bank before you commit.
How the money reaches India
Money sent from Bangladesh to India almost always arrives as a bank deposit in rupees. For medical treatment the payment usually goes straight to the hospital's account against its estimate; for education it goes to the university; for family maintenance it goes to the recipient's Indian bank account. Western Union's outbound service can also pay out across its wider network.
Whichever channel you use, the transfer starts at a bank or Western Union partner branch in Bangladesh, where you present documents proving the purpose. The bank endorses the outward remittance and sends it by SWIFT. You'll need the Indian recipient's full name, bank and account number and IFSC code, or the hospital or university's payment details.
What sending money to India really costs
The headline fee is only part of the cost. On a bank transfer the bigger number is usually hidden inside the exchange rate, so it helps to know where each slice goes before you send.
The exchange-rate margin
Banks usually add a margin to the mid-market rate between the taka and the rupee. On a larger payment, such as a hospital bill or a year's tuition, this margin can outweigh the upfront fee, so compare the rupees that actually arrive.
SWIFT and intermediary-bank fees
A bank wire routed through the SWIFT network can pick up charges from intermediary banks along the way, on top of the sending bank's own fee. Ask your bank for the all-in cost, including any correspondent-bank deduction, before you send.
Documentation, not shortcuts
The cost of doing this properly is the paperwork, not a hidden route. Informal channels that promise a better rate are illegal on both sides and carry real risk, so the honest comparison is between licensed banks and Western Union's outbound service.
Rules on each side
Sending from Bangladesh
Outward remittance is controlled by Bangladesh Bank and allowed only for approved purposes. For medical treatment, typically up to about US$10,000 can be released initially on a specialist or medical-board recommendation, with more against the foreign hospital's estimate. For education, tuition is paid against the institution's demand note, plus living expenses of up to about US$2,000 a month. You send through an Authorised Dealer bank or Western Union's outbound service, with documents and ID. General personal remittance abroad is not permitted.
Receiving in India
Inward remittances are handled under India's FEMA rules through the banking system. Genuine personal, medical and education remittances are not treated as taxable income in the recipient's hands. For a bank payout you need the recipient's account number and IFSC code. Use regulated channels only; informal transfers are prohibited under Indian law.
Funding your transfer without overpaying
You fund the transfer from your Bangladeshi bank account at the branch handling the remittance, after your documents are checked. Ask for the all-in cost up front: the exchange rate you'll actually get, the bank's fee, and whether any intermediary-bank charge will be deducted along the way. Comparing the rate rather than just the fee is where most of the saving is, especially on a large medical or tuition payment.
Scams and pitfalls to watch on this route
Because the formal route needs paperwork, the traps here tend to promise a shortcut. A few rules are worth keeping in mind.
The "cheaper informal rate"
Rule: anyone offering to move money to India outside the banking system at a better rate is offering an illegal hawala or hundi transfer. It is prohibited in both countries and your money has no protection. Use a licensed bank or Western Union only.
Fake agent or advance fees
Rule: no genuine bank asks you to pay a separate "clearance" or "processing" fee into a personal account to release an outward transfer. All charges are taken by the bank as part of the transaction.
Bogus hospital or admission details
Rule: for a medical or education payment, confirm the hospital or university's account details directly with the institution, not from a forwarded message, before your bank sends the funds.
Confirm before you send
Rule: check the Indian recipient's name, account number and IFSC code against something official, and keep your documents in order so the bank can release the transfer without delay.
How most people send money from Bangladesh to India
For most people this transfer is a medical or education payment, sent through an Authorised Dealer bank or Western Union's outbound service against the right documents. There is no free personal-remittance route, and no legal shortcut. Get your paperwork ready, compare the all-in cost across a couple of banks, and judge each option by the rupees that actually reach the hospital, university or account after the rate margin.
Bangladesh to India transfers: frequently asked questions
No. Bangladesh runs strict exchange controls, and a resident cannot send money abroad freely. Outward remittance to India is allowed only for approved purposes, chiefly study, medical treatment and family maintenance by foreign nationals living in Bangladesh. Each requires documents proving the purpose.
Through an Authorised Dealer bank, such as Bank Asia or Social Islami Bank, or through Western Union's outbound service offered at those banks. You visit the branch with your documents, the bank endorses the outward remittance and sends it by SWIFT to the Indian bank, hospital or university account.
Under Bangladesh Bank rules, a bank can typically release up to about US$10,000 initially on the recommendation of a specialist or a local medical board, with further amounts released against the official estimate from the Indian hospital. Confirm the current limits and required documents with your bank, as these can change.
Tuition is paid against the institution's official demand note or estimate, with documentation. On top of that, living expenses of up to about US$2,000 a month are generally allowed, and this can be higher for costly locations. Your bank will tell you exactly what paperwork it needs.
It arrives as a rupee bank deposit, sent by SWIFT, usually within a few business days once your documents clear. For medical or education payments the funds often go straight to the hospital or university. You'll need the recipient's account number and IFSC code, as India does not use IBANs.
Genuine personal, medical and education remittances received through the banking system are not treated as taxable income in India. They are handled under India's FEMA rules. This is general information, not tax advice, so check with a qualified adviser for a specific case.
Popular remittance apps treat Bangladesh as a country you receive money in, not one you send from, because of its exchange controls. There is no free personal-remittance route out of Bangladesh, and informal channels such as hawala or hundi are illegal in both countries. The legal options are a licensed bank or Western Union's outbound service for approved purposes.
Our sources & how we keep this current
Last reviewed: 15 July 2026. We re-check the rules and channels on this corridor regularly. Because outward remittance from Bangladesh is document-driven and subject to change, always confirm the current limits and paperwork with your bank before you send.
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