Remittance Incentive In Bangladesh 2024. Bangladesh recorded a substantial increase in remittances, receiving $2.04 billion in april, marking a 21.3 percent rise compared to the same period last year. This resulted in a healthy inward remittance of $18.20.
Currently, the dollar trades at tk 110.50 on the interbank exchange market. The 2.5% incentive will be given to remittance receivers either as cash (for cash over counter payments), or into their bank accounts.
Bangladesh Bank (Bb) On Tuesday Issued A Circular On Providing 2% Cash Incentive For Money To Be Remitted Through Banking Channel Into The Country.
These measures aim to simplify the process and provide incentives for foreign remittances.
This Programme Is A Deliberate Initiative By The.
Association of bankers, bangladesh (abb) and bangladesh foreign exchange dealers.
A Bangladesh Bank Report Has Suggested Evaluating Effectiveness Of The Existing Incentive Structure The Central Bank Introduced To Increase Remittance Inflow And Taking Steps Accordingly As Many Expatriates Are.
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From Now On, The Banks Will Provide 2.5 Percent Side By The Government.
The 2.5% incentive will be given to remittance receivers either as cash (for cash over counter payments), or into their bank accounts.
This Is In Addition To The.
This resulted in a healthy inward remittance of $18.20.
Currently, The Dollar Trades At Tk 110.50 On The Interbank Exchange Market.