🇧🇩 Pay Suppliers in Bangladesh
Pay Bangladeshi garment manufacturers and textile suppliers
T+0 (2.3s avg within Unicorn network). Save 86% vs traditional banks.
What you need to send money to Bangladesh
What details do I need to pay suppliers in Bangladesh?
To pay suppliers in Bangladesh you need the recipient's Routing Number (9-digit Bangladesh Bank routing number), plus account number and beneficiary name. Payments typically settle in 2.3 seconds and cost 0.5% FX spread + £5 per payment.
How fast are payments to Bangladesh?
Payments to Bangladesh settle in an average of 2.3 seconds when using local rails such as BACH (Bangladesh Automated Clearing House), compared to 2–3 days via traditional SWIFT.
How much does it cost to send money to Bangladesh?
Unicorn Currencies charges 0.5% FX spread and £5 per payment. You save about 86% versus banks (e.g. £505 vs £3535 on a £100k transaction).
Cost Comparison: Banks vs Unicorn Currencies
See how much you save on £100,000 payment to Bangladesh
| Cost Item | Traditional Banks | Unicorn Currencies |
|---|---|---|
| FX Spread | 3.5% | 0.5% |
| Payment Fee | £35 | £5 |
| Total Cost (£100,000) | £3,535 | £505 |
| YOUR SAVINGS | N/A | £3,030 (86%) |
| Settlement Time | 2-3 days (SWIFT) | T+0 (2.3s avg within Unicorn network) |
Local Payment Rails in Bangladesh
Avoid expensive SWIFT fees. We use local payment systems in Bangladesh for faster, cheaper settlement.
BACH (Bangladesh Automated Clearing House)
Bangladesh domestic clearing system
SWIFT
Primary method for international payments
Who Uses This Payment Corridor
Key Industries in Bangladesh
- Garment Manufacturing
- Textile
- Jute Products
- Leather
- Pharmaceuticals
Average Transaction: £30k-£120k
Typical Monthly Volume: £150k-£1M
Popular Supplier Types
- Garment manufacturers (Dhaka, Chittagong)
- Textile mills (Gazipur, Narayanganj)
- Leather goods (Dhaka)
- Jute products (Khulna)
What You Need to Know: Bangladesh Payments
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 Tips for Bangladesh
- 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
Why Choose Unicorn for Bangladesh Payments
Local Rails, Not SWIFT
We use BACH (Bangladesh Automated Clearing House) and other local systems in Bangladesh. Avoid 3-4% SWIFT fees and 2-3 day delays.
86% Lower Costs
Save £3,030 on every £100,000 payment. On £150k-£1M monthly volume, save up to £90,900 annually.
Bank of Canada Supervised
Registered Payment Service Provider (PSP) and FINTRAC MSB. Full regulatory compliance for Bangladesh payments.
Real-Time FX Tracking
Upload supplier invoices in BDT. See live P/L as GBP/BDT rates move. Lock rates for 15 seconds before committing.
£1,000,000+ Paying Suppliers in Bangladesh? Save 86%
Enterprise treasury for import/export businesses with T+0 (2.3s avg within Unicorn network) settlement to Bangladesh
For businesses with high annual FX volume. Not consumer transfers.