remittance inflow

Record February: remittances climb 25% to $2.52b

Remittances have become a much-anticipated relief for the economy reeling under macroeconomic stress, growing steadily since August last year and providing the interim government with a breather amid a rapid erosion of foreign exchange reserves.

Remittance falls 3.2% in July

Banks could not receive any remittance in the five days of countrywide internet blackout this month

Remittance hits eight-month high

In February, migrants sent home $2.16 billion, up 39% year-on-year

Bangladesh must harness the potential of its diaspora

Fostering a conducive environment for expatriate contributions is vital

Relaxed incentive rules send remittance to a four-month high

Migrant workers sent home $1.98 billion in October, a four-month high, as banks stepped up efforts to woo more remittance buoyed by a relaxed central bank rule on incentive, a development that is expected to give some relief to a country reeling under the foreign exchange crisis.

Remittance hits four-month high

Migrant workers sent home $1.98 billion in October

Banks asked to disburse remittance in two days

Bangladesh Bank has asked banks to disburse remittances among beneficiaries within two days of receiving it from senders abroad..The central bank framed rules in 2014 stipulating that the disbursement must be made within two days to encourage remittance transfers through formal channels.

Remittance hits 41-month low

$1.34 billion came in September, lowest since April of 2020

Payment service providers can bring remittance

Bangladesh Bank yesterday allowed licensed payment service providers (PSPs) to bring inward wage remittances with the aim to increase remittance inflow. 

March 3, 2025
March 3, 2025

Record February: remittances climb 25% to $2.52b

Remittances have become a much-anticipated relief for the economy reeling under macroeconomic stress, growing steadily since August last year and providing the interim government with a breather amid a rapid erosion of foreign exchange reserves.

August 1, 2024
August 1, 2024

Remittance falls 3.2% in July

Banks could not receive any remittance in the five days of countrywide internet blackout this month

March 3, 2024
March 3, 2024

Remittance hits eight-month high

In February, migrants sent home $2.16 billion, up 39% year-on-year

December 22, 2023
December 22, 2023

Bangladesh must harness the potential of its diaspora

Fostering a conducive environment for expatriate contributions is vital

November 2, 2023
November 2, 2023

Relaxed incentive rules send remittance to a four-month high

Migrant workers sent home $1.98 billion in October, a four-month high, as banks stepped up efforts to woo more remittance buoyed by a relaxed central bank rule on incentive, a development that is expected to give some relief to a country reeling under the foreign exchange crisis.

November 1, 2023
November 1, 2023

Remittance hits four-month high

Migrant workers sent home $1.98 billion in October

October 20, 2023
October 20, 2023

Banks asked to disburse remittance in two days

Bangladesh Bank has asked banks to disburse remittances among beneficiaries within two days of receiving it from senders abroad..The central bank framed rules in 2014 stipulating that the disbursement must be made within two days to encourage remittance transfers through formal channels.

October 1, 2023
October 1, 2023

Remittance hits 41-month low

$1.34 billion came in September, lowest since April of 2020

September 20, 2023
September 20, 2023

Payment service providers can bring remittance

Bangladesh Bank yesterday allowed licensed payment service providers (PSPs) to bring inward wage remittances with the aim to increase remittance inflow. 

April 4, 2023
April 4, 2023

Remittance is once again our saving grace

There is still scope to increase remittance inflow through the official channel