Unicorn Currencies
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Send Money from Italy to Bangladesh

Italian businesses and fashion houses paying Bangladesh suppliers. Send EUR from Italy, receive BDT in Bangladesh with t+0 (2.3s avg within unicorn network).

✓ Competitive Advantage: Local EUR collection + local BDT delivery = no correspondent bank fees

Save £3,030 per £100k Payment

Italy to Bangladesh corridor savings

Traditional Bank
£3,535
  • ❌ 2-3 day settlement
  • ❌ Multiple correspondent banks
  • ❌ Hidden FX margins
  • ❌ High SWIFT fees
Unicorn Currencies
£505
  • ✓ T+0 (2.3s avg within Unicorn network)
  • ✓ Local EUR collection
  • ✓ Transparent 0.5% spread
  • ✓ BACH (Bangladesh Automated Clearing House)
Your Savings
86%
£3,030 per £100k
At £300k-£3M monthly, save £7,583/year

Sending from Italy: What You Need to Know

EUR Origin Specifics

  • Italy uses EUR currency
  • SEPA instant payment network
  • GDPR compliance required

Your Local Advantages

  • Local EUR account available
  • SEPA (Single Euro Payments Area) instant collection
  • No correspondent bank fees on origin side
Local Collection Method
SEPA (Single Euro Payments Area)
T+1 • European instant/standard payments. Covers 36 countries.

Paying Suppliers in Bangladesh: Compliance & Requirements

Regulatory Considerations

  • Bangladesh Bank foreign exchange regulations
  • RMG (Ready-Made Garment) export compliance
  • L/C (Letter of Credit) common for large orders
  • Dual-currency accounting for exporters

Payment Best Practices

  • Bangladesh is world's 2nd largest garment exporter
  • Most suppliers experienced with L/C terms
  • Payment timing critical for production schedules
  • Political/strike risks - build payment buffer
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via BACH (Bangladesh Automated Clearing House)

Italy → Bangladesh Corridor Insights

Popular Industries

  • Garment Manufacturing
  • Textile
  • Jute Products

Peak Trading Hours

CET (GMT+1) to GMT time zone consideration

Best for rate execution and faster settlement

Typical Volume

£50k-£250k

Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.

Ready to Send EUR from Italy to Bangladesh?

Save 86% on every payment with t+0 (2.3s avg within unicorn network). Local EUR collection available.

Open AccountView Bangladesh Details

Bank of Canada registered PSP | FINTRAC licensed MSB