Financial transactions have become increasingly efficient and hassle-free in today's fast-paced digital era. Bkash, Bangladesh's leading mobile financial service, has revolutionised how people manage their money. In my recent experience, I discovered that the bKash to Bank transfer feature has been extended to include several notable banks. These include Sonali Bank, Agrani Bank, and AB Bank Limited (ABBL), as well as BRAC Bank, City Bank, and Community Bank Bangladesh. Also, Eastern Bank Ltd, Dhaka Bank, and IFIC Bank Limited are now part of this service. It's quite a convenient expansion for users like myself who utilize bKash for financial transactions.
Among its many features, Bkash transfer is a convenient and secure solution for seamlessly transferring funds between Bkash accounts and traditional bank accounts.
Visit XE Money Transfer
Used By: 280000000
Currencies Available: 76
Transfer Fees: none
Payment Methods: Bank transfer, credit card, debit card
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: US$1.00
Max Transfer: US$500,000.00 (or equivalent)
Year Founded: 1993
Visit Wise Multi-Currency Account
Used By: 11000000
Currencies Available: 54
Transfer Fees: 0.5%-1%
Payment Methods: Bank transfer, debit card, credit card, SOFORT transfer
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: 1 USD
Max Transfer: 1000000 USD/transaction/day (personal), 3000000 USD/transaction/day (business)
Year Founded: 2011
Visit Remitly
Used By: 3000000
Currencies Available: 63
Transfer Fees: 0-3.99$
Payment Methods: Bank transfer, credit/debit card
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: US$1.00
Max Transfer: US$20,000.00
Year Founded: 2011
Visit Wise Business
Used By: 11000000
Currencies Available: 55
Transfer Fees: 0.5%-1%
Payment Methods: Bank transfer, debit card, credit card, SOFORT transfer
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: 1 USD
Max Transfer: 1000000 USD/transaction/day (personal), 3000000 USD/transaction/day (business)
Year Founded: 2011
Visit Wise
Used By: 11000000
Currencies Available: 54
Transfer Fees: 0.5%-1%
Payment Methods: Bank transfer, debit card, credit card, SOFORT transfer
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: US$1.00
Max Transfer: US$1,000,000 (varies based on currency)
Year Founded: 2011
Visit CurrencyFair
Used By: 150,000
Currencies Available: 17
Transfer Fees: 0.45%
Payment Methods: Bank transfer, debit card
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: £5.00 (or equivalent)
Max Transfer: £10,000,000.00 (or equivalent)
Year Founded: 2009
Visit InstaReM
Used By: 130000000
Currencies Available: 11
Transfer Fees: 0%-1%
Payment Methods: bank transfer, POLi payment (Australia), debit card (EU residents), ACH Pull (US residents), FPX (Malaysian residents)
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: $1 (minimum sending amounts could differ based on certain currency pairs)
Max Transfer: No limit (different countries have regulatory limits on outward and inward flow of remittances originating from or to the country)
Year Founded: 2014
Visit MoneyGram US
Used By: 150000000
Currencies Available: 46
Transfer Fees: 0-1.99$
Payment Methods: pay by card or directly from your bank account
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: none
Max Transfer: 3000 USD
Year Founded: 1940
Visit Xoom
Used By: 250000000
Currencies Available: 4
Transfer Fees: 0$-40$
Payment Methods: Bank transfer, debit/credit card, PayPal balance
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: US$10.00
Max Transfer: 2999 USD/day, 6000 USD/month, 9999 USD/3 months
Year Founded: 2001
Visit Skrill
Used By: 120,000
Currencies Available: 33
Transfer Fees: none
Payment Methods: Cash, bank transfer, debit card, credit card, e-wallet, cryptocurrency (depending on country)
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: US$1.00 (varies based on certain currencies)
Max Transfer: US$2,500.00 / day (weekly and monthly limites also apply)
Year Founded: 2001
Visit Scotiabank
Used By: 25,000,000
Currencies Available: 23
Transfer Fees: none
Payment Methods: Bank transfer, debit card, credit card, apple pay, google pay, Scotiabank Saddletone gift cards
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: none
Max Transfer: 10000 USD
Year Founded: 1832
Visit OFX
Used By: 1000000
Currencies Available: 54
Transfer Fees: 15 AUD below 10k AUD
Payment Methods: ETF, BPAY (Australia), Direct debits
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: 1000 USD
Max Transfer: none
Year Founded: 1998
Visit Credit Suisse
Used By: 1000000
Currencies Available: 1
Transfer Fees: none
Payment Methods: eBill, QR-bill, standing orders, payment orders, online & mobile banking, direct debit, multi-payment orders, bank transfer, debit card, credit card
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: none
Max Transfer: none
Year Founded: 1856
Visit Western Union
Used By: 15000000
Currencies Available: 38
Transfer Fees: up to 3%
Payment Methods: Cash, bank transfer, debit card, credit card (varies from country)
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: $1.00
Max Transfer: $10,000.00 (varies)
Year Founded: 1851
Visit TransferGo
Used By: 2,500,000
Currencies Available: 39
Transfer Fees: 0.5%-1.5%
Payment Methods: Bank transfer, debit card, credit card
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: 1.5 GBP
Max Transfer: 1000000 GBP
Year Founded: 2012
Visit Moneycorp
Used By: 15000000
Currencies Available: 161
Transfer Fees: none
Payment Methods: debit card via our online platform or a wire transfer, cash
iOS App : yes, Android App : yes
LiveChat:
Min Transfer: 50 USD/GBP/EUR
Max Transfer: none
Year Founded: 1962
Visit Currencies Direct
Used By: 325,000
Currencies Available: 22
Transfer Fees: none
Payment Methods: Bank transfer, debit card
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: none
Max Transfer: 25000 GBP
Year Founded: 1995
Visit Neteller
Used By: 500000
Currencies Available: 28
Transfer Fees: none
Payment Methods: online banking account, debit, and credit card
iOS App : yes, Android App : yes
LiveChat: yes
Min Transfer: none
Max Transfer: up to 50000 USD/transaction
Year Founded: 1996
Bkash has transformed the way Bangladeshis handle their financial transactions. With its widespread adoption and user-friendly interface, Bkash has become integral to everyday life.
Bkash provides customers with a range of services, including mobile recharge, bill payments, merchant payments, money back, and, of course, Bkash transfer, enabling users to transfer funds between banks easily.
Convenient and Secure
Bkash transfer offers a convenient and secure method of transferring funds between Bkash and traditional bank accounts.
Users can initiate transfers directly from their Bkash mobile wallets, eliminating the need for physical cash or lengthy paperwork.
The account transactions are securely encrypted, ensuring that the funds are safely transferred from one account holder to another beneficiary account.
Easy Set-Up Process
Users need to join their bank accounts to their Bkash mobile wallets. It can be done through a simple registration process, where users provide the necessary details of their bank account, such as the bank account name, eastern bank name number and the bank account name's name.
Users can initiate transfers whenever required Once the bank accounts are linked.
Instant and Reliable Transfers
Bkash transfer offers swift and reliable money transfers. Users can transfer funds instantly from their Bkash mobile wallets to their linked bank accounts or vice versa.
This feature ensures quick access to funds and allows users to manage their finances efficiently, especially if their bank account is limited, is in urgent situations, or is making time-sensitive payments.
Accessible Anytime, Anywhere
Bkash to City Bank: Transfer can be performed from the convenience of one's mobile device city bank anywhere. With the Bkash mobile app, users can access their funds and initiate transfers to city banks anytime, anywhere.
This flexibility and accessibility empower users to have full control over their finances without the constraints of physical branches or specific operating hours.
Lower Transaction Costs
Compared to traditional banking methods, Bkash transfers often incur lower transaction costs. With reduced fees, users can transfer funds at a more affordable rate, making it an economical choice for everyday transactions or frequent money transfers.
Widely Accepted and Trusted
Bkash has gained immense popularity and trust among the people of Bangladesh. It has a vast network of agents and merchants, making Bkash transfer widely accepted and easily accessible nationwide.
Transferring money from bKash to a bank account is simple. Open the bKash account, select 'Send Money,' choose the bank option, enter the recipient's bank account details, and specify the amount to send money or the transaction amount to transfer money for. Confirm the transaction with your bKash PIN, and the money will be transferred to the account securely and swiftly.
Daily Transfer Limit: For a regular bKash account, the daily transfer limit was typically set at BDT 30,000. It means you could send up to BDT 30,000 in a single day.
Monthly Transfer Limit: The monthly transfer limit was often higher, allowing you to transfer a larger total amount within a calendar month.
Maximum Balance Limit: There was also a maximum balance limit for a bKash account, which was usually around BDT 250,000.
Please note that these limits could change over time as bKash and regulatory authorities adjust their policies. Additionally, bKash may offer different services and limits for different types of accounts, such as personal and merchant accounts, so be sure to inquire about the specifics relevant to your account type.
The ability to transfer funds seamlessly from bKash to a bank account has undoubtedly transformed how financial transactions occur in Bangladesh. As this article has explored, this service offers convenience, accessibility, and efficiency for users seeking to bridge the gap between digital wallets and traditional banking. Whether sending money to family members, settling bills, or managing financial matters, the bKash transfer functionality has become indispensable.
We list reviews for the best Bkash to bank transfer related money services below.
If you would like to see some of the best Bkash to bank transfer related services compared against their best Money Transfer to Bank Companies alternatives available right now. Learn more about Money Transfer to Bank Companies alternatives by clicking on the links below.