bKash offers 1pc extra cash bonus on remittance

bKash is offering 1 per cent extra cash bonus on top of the government's 2.5 per cent incentive in order to encourage expatriates to transfer funds to their beneficiaries in Bangladesh through formal channels.

The cash bonus will be available for any amount of remittance of Tk 15,000 and more. The receiver can enjoy a total of 3.5 per cent bonus till April 30, 2022, according to a press release.

A customer can avail this offer twice a month and a maximum eight times during the entire campaign. This means one can get up to Tk 600 in a month and a maximum of Tk 2,400 during the offer period.

The government incentive along with the bKash cash bonus is only available for the remittances sent through bKash authorised money transfer organisations (MTO) and money exchange houses.

Currently, expatriates from more than 70 countries are availing the opportunity to send money securely to 57.5 million bKash accounts through 10 commercial banks of the country via more than 60 MTOs.