Your guide to sending money from Canada to Bangladesh with Taptap Send

Taptap Send is a mobile app that lets you send money from Canada to Bangladesh quickly and securely using your phone and a debit card. Transfers often arrive in minutes to mobile wallets or bank accounts, making it a convenient option for families supporting loved ones back home.

But while Taptap Send promotes low-cost or fee-free transfers, it's important to look closely at exchange rates and limits to see if you're getting the best deal. By comparing providers like Wise, you can make your dollars go further.

How does Taptap Send work in Canada?

Taptap Send lets Canadians send money abroad directly from their smartphones. After downloading the app, sign up with a Canadian phone number and link a Canadian Visa or Mastercard debit card. Funds are then converted into Bangladeshi taka (BDT) and delivered to your recipient's bank account, mobile wallet, or a cash pickup location.

However, credit cards, Interac e-Transfers, prepaid cards, and corporate cards aren't accepted. Transfers also can't be sent while you're physically in Québec unless you registered your account there.

Verification is straightforward. Accepted documents include a Canadian passport, driver's licence, PR card, or other government-issued ID.

Steps to send money with Taptap Send

Step 1: Download the app
Get the Taptap Send app from the App Store or Google Play and create an account with your Canadian phone number.

Step 2: Add your recipient
Enter your recipient's full name and their mobile number or bank details in Bangladesh.

Step 3: Enter the amount
Choose how much CAD you'd like to send. The app shows the BDT amount before you confirm.

Step 4: Pay by debit card
Link your Canadian Visa or Mastercard debit card. Taptap Send deducts the amount and processes the transfer.

Step 5: Confirm and track
Your recipient typically receives funds within minutes. You'll get real-time updates in the app.

Understanding Taptap Send transfers from CAD to BDT

When you send money from Canada to Bangladesh with Taptap Send, the app converts your Canadian dollars (CAD) into Bangladeshi taka (BDT) at the rate shown before you confirm.

The platform pools customer transfers daily to negotiate rates with local partners, then takes a small margin between the rate it receives and the one you get.¹

Taptap Send offers three main delivery options in Bangladesh: bank deposits, mobile wallet transfers, and cash pickup.

What is the 2.5% government remittance incentive in Bangladesh?

Bangladesh's government offers an additional 2.5% remittance incentive on all legal transfers into the country, including those sent through Taptap Send.³ Your recipient automatically receives an extra 2.5% of the amount sent, paid by their local bank.

For example, if you send 100,000 BDT, your recipient receives 102,500 BDT once the incentive is applied. There's no limit on how often the bonus can be used, but for transfers above 500,000 BDT, the recipient may need to provide documents (e.g., the sender's passport and proof of employment or business) to claim it.

The additional amount is usually added instantly or within 2–3 weeks, depending on the bank's policy.

Fees and exchange rates for Taptap Send

Taptap Send advertises no transfer fees for some payments, but that doesn't mean transfers are free.

Like most remittance apps, it earns money by adding a small markup to the exchange rate,¹ i.e., the difference between the mid-market rate and the rate shown in the app.

Compared with major Canadian banks, which can charge up to 80 CAD⁴ for international wires and often use weaker rates, Taptap Send is usually faster and cheaper. However, the rate you see includes a margin, so check the live mid-market rate before you confirm to understand the true value your recipient will receive.

As you can see, while Taptap Send's "no fee" promise may seem appealing, Wise's transparent fee structure and use of the mid-market exchange rate often means your recipient gets more BDT overall, even after accounting for the small upfront charge.

Transfer limits with Taptap Send

Taptap Send applies different limits depending on where you're sending from and how the recipient receives the money. These limits help meet anti-money-laundering and security requirements, and may increase once your identity is verified.

Taptap Send transfer limits from Canada⁵

Transfer caps also depend on how money is received. For mobile wallet transfers, such as bKash, Taptap Send sets an internal limit of 250,000 BDT per transaction, up to 10 transfers per day and a monthly cap of 450,000 BDT.⁵ Bank deposits and cash pickups generally depend on the partner bank or agent's own policies.

Is Taptap Send safe to use in Canada?

Taptap Send is a regulated money transfer service authorized to operate in multiple countries, including Canada and Bangladesh. It follows strict compliance rules to prevent fraud and protect customers, and secures personal and financial data with bank-level encryption and modern security technology.

Comparing Wise with Taptap Send for transfers to Bangladesh

Both Wise and Taptap Send make it easy to send money to Bangladesh from Canada, but their pricing and features differ.

Wise vs Taptap Send comparison

Benefits of Wise for frequent CAD - BDT transfers

If you send money regularly from Canada to Bangladesh, Wise can be a transparent and cost-effective option.

Wise isn’t a bank, but it’s a great alternative to cover your money management needs - including direct deposits, local currency transfers, and more, for minimal transfer fees.

Wise never charges a markup on your transfer - meaning you’ll only ever pay the mid-market exchange rate when sending your money abroad. The app ensures transparency by informing you of what you pay before you transfer money. There are no costs associated with opening an account. The only time you pay is when you convert money or send money abroad.

Whether you’re a business or a personal account user, Wise offers multiple transfer options to cover everything you need. Wise can even help you get started with your account, letting you send, spend, and receive your money across the world.

Conclusion

Taptap Send offers a quick, convenient way to send money from Canada to Bangladesh, including mobile wallet transfers like bKash with funds often arriving in minutes. However, costs are built into the exchange rate, so the value your recipient receives may be lower than expected.

Wise gives you a clearer picture of costs. With transparent fees, the mid-market exchange rate, and no hidden markups, it can often mean more BDT for your Canadian dollars. For frequent or larger transfers, Wise may be the better choice for saving money and managing payments globally.

Sources verified on 23 January 2026