Expatriates sent $1.78B in remittances in 19 days of April

The strong inflow of remittances has continued into April, with expatriates sending $1.78 billion in the first 19 days of the month.

This follows a record-breaking $3.29 billion received in March.

Bangladesh Bank’s latest update revealed that Bangladeshi expatriates have sent around US$ 1.72 billion in inward remittance in 1-19 days of April.

In April last year, the expatriates sent $2.04 billion remittance, while in the 19 days of April this year sent $1.78 billion remittance.

Accordingly, Bangladesh received $90.45 million remittance so far in each day of April.

The state-owned commercial banks received a total of $639.7 million, two specialised banks received $90.26 million, private banks received $985.42 millio,n and foreign banks received $3.35 million.

Among the banks, Solani Bank Plc received the highest $278.09 million, Islami Bank Bangladesh PLC received the second highest $266.88 million, and Agrani Bank PLC received the third highest 183.41 million in 19 days of April.

The expertise sent $21.77 billion remittance in the 9 months (July-March) of the current fiscal year FY2024- 25. On the other hand, remittances of $17.07 billion were received in the first 9 months of the previous FY2023- 24, reports UNB.

March $3.29 billion

February $2.53 billion.

January $2.19 billion

December $2.64 billion

November $2.2 billion

October $2.39 billion

September $2.4 billion

August $2.22 billion

In July $ 1.91 billion