15 May 2025
Remittances are a lifeline for millions of families in Bangladesh, playing a vital role in sustaining livelihoods and supporting national development. With a significant Bangladeshi community living in the UK, money transfer to Bangladesh from the UK is more than a routine—it’s an emotional commitment. ACE Money Transfer has earned the trust of thousands by offering fast, secure, and affordable services to make this connection stronger. However, knowing the right information is essential to ensure your remittance reaches the correct recipient smoothly and without delays. This blog will guide you through everything you need to know when sending money to a bank account in Bangladesh from the UK.
Sending remittances from the UK to Bangladesh isn’t just a financial transaction—it has deep personal and national significance. Here’s why this corridor is so crucial:
Remittances from abroad are one of the largest contributors to Bangladesh’s GDP. They help millions of families pay for daily expenses, education, medical care, and even invest in small businesses. For many, this support ensures a better standard of living and opens doors to new opportunities.
The UK hosts one of the largest Bangladeshi diaspora communities globally. With strong family ties back home, there's a growing demand for quick, transparent, and secure money transfer solutions. Services like ACE Money Transfer meet this demand by offering convenient and reliable ways to send money to Bangladesh with complete peace of mind.
Understanding the available methods helps you choose the best fit for your needs. ACE Money Transfer offers several reliable options:
This is the most popular and secure method for sending remittances. You simply transfer money from your ACE Money Transfer account directly into your recipient’s bank account in Bangladesh. The process is straightforward, safe, and usually completed within hours.
ACE also supports transfers to mobile wallets like bKash and Nagad, which are widely used in Bangladesh. This method is particularly useful if your beneficiary doesn’t have a bank account. However, for higher security and larger transactions, bank transfers are often preferred.
Though less common for urban recipients, cash pickup is available in rural or remote areas where banking infrastructure may be limited. Beneficiaries can visit partner outlets across Bangladesh to collect the funds in person with a valid ID.
To avoid delays or failed transactions, make sure you have the following details ready before initiating a transfer:
The name of your recipient must match exactly with the name on their bank account. Even a small spelling error can cause delays or transaction failure. Always confirm the correct spelling with your beneficiary beforehand.
You need to know which bank the recipient uses. Some popular banks in Bangladesh include BRAC Bank, Dutch-Bangla Bank, Islami Bank, Sonali Bank, and Bank Asia. Selecting the correct bank ensures smooth processing.
The bank account number is crucial and must be entered correctly. In Bangladesh, account numbers can vary in length depending on the bank. Double-check the number with the recipient or their bank document to ensure it’s valid and complete.
The SWIFT or BIC code identifies the recipient’s bank branch internationally. It’s essential for processing international bank transfers. You can find it on the recipient’s bank statement, bank website, or directly within the ACE Money Transfer platform when setting up a transfer.
While not always necessary, some banks may ask for additional branch details or routing codes, especially for rural or smaller branches. When in doubt, ask your recipient for the full branch address or routing number.
As per regulations, you may be asked to provide a reason for the transfer. Common options include family support, education expenses, medical bills, or savings. This helps maintain transparency and ensures compliance with both UK and Bangladeshi financial regulations.
Sending money through ACE is designed to be simple and user-friendly, even for first-time users.
ACE Money Transfer supports several payment options for users in the UK:
These options give you the flexibility to choose what suits your lifestyle.
Delivery times are one of the biggest concerns for senders. Here’s what to expect:
For bank account transfers, the money usually arrives within minutes to a few working hours. In some cases, it might take up to 24 hours, depending on the bank’s processing speed.
Several factors can influence how quickly the funds reach the recipient:
Choosing the right service provider is key. ACE stands out for many reasons:
With ACE, you can count on fast processing times and a track record of delivering funds safely. Millions of users around the world trust ACE for a reason.
ACE offers real-time exchange rates with no hidden charges, so your recipient gets more Taka for every pound you send.
Whether it’s a bank deposit, mobile wallet, or cash pickup, ACE gives you the freedom to choose what’s best for your recipient’s needs.
ACE Money Transfer is fully licensed and regulated by the Financial Conduct Authority (FCA) in the UK and adheres to compliance guidelines in Bangladesh, ensuring your transactions are secure and legal. ACE Money Transfer is rated 4.8 out of 5 on Trustpilot with over 129,000 reviews — a testament to their commitment to excellent service.
Even experienced users can make small mistakes that cause big delays. Be aware of these common errors:
One wrong digit can send your money into limbo. Always double-check the account number before hitting send.
The bank won’t process a transfer if the name on the transaction doesn’t match the bank account exactly. Verify the spelling with your recipient.
SWIFT and routing codes can change over time. Always confirm the latest code from the bank website or your recipient.
There are specific rules and limits based on your verification level with ACE or local remittance laws in Bangladesh. Stay updated to avoid failed transfers.
Online money transfer to Bangladesh from UK can be quick, easy, and secure—if you have the correct information. By ensuring the accuracy of beneficiary details and using a trusted service like ACE Money Transfer, you can support your loved ones without stress. Always double-check the account name, number, and SWIFT code to avoid unnecessary delays. Start your next transfer with confidence—sign up or download the ACE app today!
Yes, ACE partners with most major banks in Bangladesh for seamless and secure transactions.
You can check the bank’s official website, ask the recipient, or view it directly on the ACE platform during transfer setup.
Transfer limits depend on the payment method and your account verification level with ACE.
The transaction may be delayed, rejected, or even sent to the wrong account. Funds are usually returned, but the process may take time.
You can track your transfer in real-time through the ACE Money Transfer app or website using your transaction ID.
