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Send money to Bangladesh from Australia through ACE Money Transfer

Affordable Money Transfer to Bangladesh from Australia

03 Jul 2025


As a Bangladeshi expat in Australia, staying connected with your family back home is not just about communication—it's about sending support, love, and financial assistance. Whether you're helping cover daily expenses, sending funds for education, or contributing to healthcare, the need for a fast, affordable, and secure way to send money to Bangladesh is undeniable.

In this comprehensive guide, we’ll explore the best way to send money to Bangladesh from Australia, focusing on the benefits of using ACE Money Transfer. We’ll also discuss why remittances are essential for both your family and the national economy, with the latest remittance data to back it up.

Why Most Bangladeshis Prefer ACE Money Transfer

For millions of Bangladeshi expats in Australia, money transfer to Bangladesh is essential to life. ACE Money Transfer has become the preferred option for many expats, whether you’re supporting your parents, paying for your sibling's education, or contributing to your family’s savings.

Here’s why Bangladeshi expats consistently choose ACE for their online money transfer to Bangladesh:

1. Fast Transfers

When it comes to sending money to Bangladesh from Australia, time is of the essence. ACE Money Transfer ensures that most transactions are processed within minutes or on the same day, so your family receives the funds without delay. This is particularly important for urgent situations, like medical emergencies or emergencies requiring immediate financial assistance.

2. Low Fees & Competitive Exchange Rates

A key benefit of using ACE Money Transfer is their affordable pricing. With low transfer fees and competitive exchange rates, you get the best value for your money. ACE often provides zero-fee transfers for new customers, and their transparent pricing ensures you know exactly what you're paying for before you confirm a transfer.

3. Security & Reliability

Your peace of mind is crucial. ACE Money Transfer employs state-of-the-art encryption technology and complies with international financial regulations, ensuring your money transfer Bangladesh is safe, secure, and trustworthy.

4. Convenient Online Transfers

Gone are the days when you had to visit a physical agent to send money. With ACE, sending money to Bangladesh online is straightforward. You can complete your transaction from anywhere, whether at home or on the go, using the ACE mobile app or website.

5. Multiple Payment & Payout Options

ACE gives you the flexibility to pay for your transfer using a debit/credit card or bank transfer, and your recipient can receive the funds either through a bank account deposit or a cash pickup at one of ACE’s partner locations in Bangladesh.

How to Send Money to Bangladesh Using ACE Money Transfer

Sending money to Bangladesh is simple and fast with ACE. Here’s how:

Step 1: Create an Account

Sign up for a free ACE account either via the website or the mobile app. The process is quick and easy, requiring just basic information and identity verification.

Step 2: Select Bangladesh as Your Destination

Choose Bangladesh as the country where you wish to send money. ACE supports both bank transfers and cash pickups, so you can select the most convenient method for your recipient.

Step 3: Enter Your Recipient’s Details

Fill in the necessary details of your recipient, including their name and bank details (or pickup location).

Step 4: Choose Your Payment Method

You can pay for your transfer using your Australian bank account, debit card, or credit card.

Step 5: Confirm Your Transfer

Review the transaction details, including the amount, exchange rate, and fees. Once you confirm, your transfer will be processed instantly or within the same day.

Step 6: Track Your Transfer

ACE provides real-time updates, so you can easily track your transfer and confirm when your recipient has received the funds.

It’s that simple! You can transfer money from Australia to Bangladesh in just a few minutes with ACE.

Why Remittances Matter for Bangladeshi Families and the National Economy

The remittance industry plays a significant role in Bangladesh’s economy. For Bangladeshi families, remittances are a vital source of income, helping to cover daily living expenses, fund education, and support healthcare costs. Here’s a deeper look into the importance of remittances:

For Families in Bangladesh

  • Financial Support: Remittances often make up a substantial portion of household income in Bangladesh, helping families meet their basic needs. 
     
  • Education: Many families rely on remittances to pay for their children’s education, either locally or abroad. 
     
  • Healthcare: With the rising cost of healthcare in Bangladesh, remittances are a lifeline for families who need financial support for medical expenses. 
     
  • Savings & Investments: Remittances also contribute to long-term investments, such as buying property or setting up a small business.

For the National Economy

  • Boosting GDP: Bangladesh is one of the top remittance-receiving countries globally. According to the World Bank, in 2024, Bangladesh received over $23 billion in remittances, which accounted for a significant portion of the country’s GDP. 
     
  • Job Creation: Remittances help create jobs in Bangladesh by supporting local businesses and providing capital for entrepreneurship. 
     
  • Economic Stability: Remittances play a key role in stabilizing the country’s economy, especially during times of crisis or financial instability.

The Latest Remittance Data: Why Your Transfer Matters

According to the World Bank, Bangladesh continues to be one of the top global recipients of remittances, with the country receiving billions of dollars each year from its expat community. In 2021, the remittance inflow to Bangladesh was estimated to surpass $30 billion.

This data underscores the critical role that Pakistani and Bangladeshi immigrants in Australia, and other countries, play in sustaining the financial stability of their home country. Your remittance not only supports your family but also contributes to the broader economic health of Bangladesh.

FAQs

How do I send money from Australia to Bangladesh with ACE?

You can sign up for a free account on ACE Money Transfer, select Bangladesh as the destination, enter recipient details, choose your payment method, and confirm your transfer. The process is fast and easy!

What is the best way to send money to Bangladesh?

ACE Money Transfer is widely considered the best way to send money to Bangladesh due to its low fees, fast transfers, and competitive exchange rates.

Is it safe to send money to Bangladesh online?

Yes. ACE Money Transfer uses industry-standard encryption and complies with international regulations to ensure your money transfer to Bangladesh is secure.

How long does it take to send money from Australia to Bangladesh?

Most transfers are completed instantly or within the same day. You’ll receive real-time tracking updates to keep you informed.

Are there fees involved when sending money to Bangladesh?

ACE offers low fees and competitive exchange rates. You’ll always know exactly what you're paying for before you confirm the transfer, and many first-time users can benefit from zero-fee transfers.

Conclusion

When it comes to sending money to Bangladesh from Australia, ACE Money Transfer is the fastest, safest, and most affordable solution. With low fees, competitive exchange rates, and a user-friendly platform, ACE helps you send remittances to Bangladesh with ease and confidence.

💡 Start your transfer today and support your family back home with ACE Money Transfer’s reliable and secure services.


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