taka for someone in Dhaka
The people sending from Zurich and Geneva to Bangladesh tend to know exactly what the recipient needs in taka. A rate that moves between send and settlement breaks that.
Grey fixes the EUR to BDT rate when you confirm and pays into Sonali Bank, BRAC Bank, Dutch-Bangla Bank, Islami Bank, City Bank or any Bangladeshi bank. European fashion brands pay Bangladeshi factories, and the Bangladeshi diaspora in Europe sends home regularly.
How sending to Bangladesh works

Sign up
Fund
Send
The cost of a transfer to Dhaka

What you agree is what arrives

The rate you accept in Zurich is the rate applied. Movements in either currency afterwards don't touch what arrives at Sonali Bank, BRAC Bank, Dutch-Bangla Bank, Islami Bank, City Bank.
Bangladeshi freelancers and small suppliers are used to being paid in dollars and losing a margin to their bank. Paying in taka, at a rate they can check, marks you out as a client worth keeping.


What Swiss senders put up with before
BDT into the account, nothing else

BRAC Bank and the rest

Domestic credit



