iCambio is the trademark of Change Center, a foreign exchange office born in 1991. They have exchange offices in Madrid, Andalusia (Málaga, Fuengirola, Torremolinos, Marbella, Seville and Córdoba) and Alicante (Benidorm) and a home delivery website . More details
Today's average exchange rate for this foreign currency in the main banks in Spain. The euros to be paid by the bank will charge a commission of between 2.5% and 3%, with a minimum of € 6 to € 10 (the most expensive of the two). More details
To appreciate how currency exchange works, think of a retail store that trades a product to you as an individual. The supplier purchases goods from a supplier called a wholesaler at a purchase price, to which it includes a profit margin.
The gap between the final price at which you buy in that store (eg your Bangladeshi takas) and what it cost the business to buy those Bangladeshi takas is the profit it obtains in that currency exchange.
But there is a difference in currency exchange with other businesses. In principle, foreign currency notes (Bangladeshi takas in this case) pass on from hand to hand, that is, they are not consumed.
Therefore, it may be the case that a bank or a currency provider acquires Bangladeshi takas from a tourist travelling to Spain (earning a profit) and those same Bangladeshi takas become yours when you buy that currency (new profit margin).
If you have takas left over once your travels are over, go to our Sell your currency tab, fill in the Bangladeshi taka value you have (banknotes only, not loose coins) and select your city. We will tell you the nearest foreign currency supplier´s branches that will buy your extra takas from you and the total amount of Euros they will give you in exchange.
Bear in mind that they will only obtain you takas banknotes but not loose change.
In Spain, today it is safe to buy takas BDT online. Additionally to being a very comfortable service since you buy whenever you want and a courier will deliver your holyday money at your place, you ensure availability and you avoid commissions. Besides, most travel money providers who deliver travel money to your place have free shipping costs with your order.
If you want to guarantee the obtainability of Bangladeshi takas when you travel, we advise you to make an online reservation on the Internet site of your preferred travel money supplier.
In addition, in this way you avoid the possible commissions that some foreign currency providers in Spain apply to you if you present yourself directly in one of their branches.
In Spain when you book online on your bank's website or App, you will still be charged their currency commission of around 2 to 3%, and you will pay at the exchange prices of the day of collection, not those of the day of the online reservation.
Cambiator does not recommend ordering takas at the airport. This should be your last option, as it is the least cheap.
We also do not recommend changing your takas in a Spanish bank because almost all Spanish banks impose on you a 3% fee, with a minimum (whichever is higher) amount of 6 to 10 euros. Lest you are able to discuss with your bank removing this fee.
To order takas with Euros online here you must provide a passport or a resident´s identity card called DNI or NIE. These cards permit you to identify yourself when ordering personally or on the currency supplier´s website. In this case, you will have to have a scanned jpeg or PDF file light in weight.
Normally, travel money providers in Spain have high limits for a single order of takas from Bangladesh or any other travel money. These maximum quantities are set by the Spanish Central Bank. They are related to the money laundering prevention regulations and Know Your Customer (KYC) demands
However, these limits generally range between 3,000 and 5,900 euros, which is a lot more than what a traveler needs for their travel expenses.
Finding the best exchange rate for the euro with respect to the takas from Bangladesh every day in Spain, is easy.
The first thing we advise you is to not trust the rates of the currency converters you can find on the Internet. These rates are for foerign currency but not for notes. In addition, they are exclusive to financial institutions. The rates you are charged as an individual are less interesting.
The second thing you should do is find at the direct euro to Bangladeshi taka exchange rate (that 0.991 with more or less digits that you see advertised everywhere and that varies every day).
The higher that number is, the more takas from Bangladesh you will obtain for every Euro you bring.
For that reason, the best exchange rate will be the higher exchange rate. Cambiator makes it easy for you to order at the best euro to Bangladeshi taka exchange rate. Our results page sorts Bangladeshi taka offers from highest to lowest rate of the day in various currency providers, airports and banks in Spain.
The euro to Bangladeshi taka price changes day to day. The currencies of countries with more stable economies oscillate less, and vice-versa. Nevertheless it is also necessary to bear in mind situations such as Brexit or the Ukraine war, major sporting events or economic crisis, which can alter the travel money rates of a specific currency, like the Bangladeshi taka, inmediately.
Nevertheless, most banks and currency suppliers usually alter the rate at which they buy or sell Bangladeshi takas once a day, first thing in the morning.
Cambiator always has its rates up to date, so that you browse the best data available on exchange rates.
If you thought that your bank or the airport were the sole places to purchase Bangladeshi takas on this day, please, firs of all check the prices in the various currency suppliers that we have displayed for you above.
You can see that for the same euros, you will buy more Bangladeshi takas depending on the provider you choose and you can dispose of the savings on other entertainment for your trip (coffees, souvenirs, transportation, etc.).