remittance inflow
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.
Remittance is once again our saving grace
There is still scope to increase remittance inflow through the official channel
Remittance up on Eid cheer
Remittance inflows hit a seven-month high in March as expatriate Bangladeshis sent more money home for Ramadan and Eid-ul-Fitr.
Remittance rises 4.46% in February
However, February's remittance of $1.56 billion was 20.3 per cent lower than the previous month's $1.95 billion
Better policy support is needed to boost remittance
Authorities should take migrant-friendly initiatives to encourage them
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.
Remittance is once again our saving grace
There is still scope to increase remittance inflow through the official channel
Remittance up on Eid cheer
Remittance inflows hit a seven-month high in March as expatriate Bangladeshis sent more money home for Ramadan and Eid-ul-Fitr.
Remittance rises 4.46% in February
However, February's remittance of $1.56 billion was 20.3 per cent lower than the previous month's $1.95 billion
Better policy support is needed to boost remittance
Authorities should take migrant-friendly initiatives to encourage them
How can we increase our remittance?
Remittances sent by expatriate Bangladeshis are one of the vital sources of foreign currencies for the country’s economy.
