Send Money from Canada to Mutual Trust Bank Limited, Bangladesh

Mutual Trust Bank Limited, Bangladesh

Mutual Trust Bank Limited, or MTB, is a private commercial bank headquartered in Dhaka, Bangladesh. This bank was incorporated as a Public Limited Company in 1999. In 2015, Mutual Trust Bank Ltd. became a partner of the Life insurance Corporation of India in Bangladesh.

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How to Send Money to Mutual Trust Bank in Bangladesh from Canada

Are you planning to send money from Canada directly to a Mutual Trust Bank Limited account in Bangladesh? RemitBee is Canada's best money transfer service provider because the transaction is free when you send over 500 CAD. RemitBee also give the best CAD to BDT. This is how it works:

Sign up for a RemitBee account online or through the RemitBee app.
Choose “Bangladesh” as the destination country of your transfer.
Choose “To Bank Account” as the receiving method for your receiver.
Add your recipient's name, contact information, and address.
Choose Mutual Trust Bank in the “Bank List” drop-down menu.
Type the Bank Branch Number and Account Number.
Enter the amount you wish to send and the purpose of the transfer.
Choose the best payment option for you and follow the instructions for the fund transfer.
Ensure that the information you provided is correct, and send the money.

Note: If your recipient does not have an account in Mutual Trust Bank, you can still send money to them by choosing “Cash Pick Up” and selecting Mutual Trust Bank. That way, your recipient can get the money you send here safely.

RemitBee transactions are often completed within minutes or under one business day. Once the transfer is complete, your receiver will get a notification and can access the money through Mutual Trust Bank.

Suppose this is your first time using RemitBee to send money. In that case, you should know that the Financial Transactions and Reports Analysis Center of Canada (FINTRAC), a government organization, regulates and oversees the company’s operations. Many Bangladeshi immigrants to Canada trust RemitBee to send money home. Check out our reviews to see how good we are at the services we provide. Trust on RemitBee’s security features will encrypt all data and transactions to protect your personal information. Remitbee will fully repay you if your money is not delivered. Sign up now and start sending money to Bangladesh for free!

Transfer money to all major Bangladesh banks in Remitbee:

Mobile Topup Service In Bangladesh

Cash Pickup Services in Bangladesh

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Frequently Asked Questions

Can I use RemitBee to send money to a Mutual Trust Bank account in Bangladesh?

Yes. You can send money from Canada to a Mutual Trust Bank account in Bangladesh using RemitBee. You can also choose MTB as your transfer's cash pick-up location if your recipient does not have an account in this bank.

How do I pay for my Mutual Trust Bank transfer?

For your convenience, RemitBee accepts a variety of payment methods. Interac e-transfer, Visa and Mastercard credit and debit cards, and online bill payment, are all available. See our full list of payment methods payment methods here.

How will Mutual Trust Bank money transfers to Bangladesh be delivered?

It will be delivered via MTB’s system to the recipient’s account, who will be able to see when the money arrives. It takes an average of one business day, although it could take as few minutes in some instances.

Is there a maximum amount I can send to a Mutual Trust Bank Limited account?

Your verification level determines the maximum amount you can transfer. You can send up to 9,000 CAD per day and 50,000 CAD per month once you’ve been authenticated. Read more about our verification levels to see which works best for you.

How much will it cost me to send money to an account in Bangladesh with RemitBee?

Transfer fee to Mutual Trust Bank in Bangladesh is free when you send over 500 CAD. For transfers under 500 CAD, these are the possible minimal fees you will need to pay:

Interac Online - $2.99
E-transfer - Free
Bill Payment - Free
Electronic funds Transfer - Free
Visa or Mastercard Debit - $2.99+

What is the maximum amount you can transfer to a Islami Bank account from Canada?

The maximum amount you can send in Bangladeshi Taka is determined by the verification level you’ve completed.

Here are the levels of verification and corresponding amounts:

Verification Level 1 allows you to send up to 300 CAD per day and 600 CAD per month without showing any documentation for verification.

Verification Level 2 lets you send up to 3,000 CAD per day and up to 25,000 CAD per month.

Verification Level 3 lets you send up to 9,000 CAD per day and 50,000 CAD per month.

Verification Level 4 is available from RemitBee so that our clients can send higher amounts of money. It is crucial to remember that our verification process is a one-time procedure. There’s no need to submit any additional documents once you’ve been confirmed.

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