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Inbound remittances through Bkash grew by 70pc YoY

On the occasion of Ramadan and Eid-ul-fitr, the rate of inbound remittances through Bkash has increased by almost 70 percent compared to last year. Expatriates from more than 90 countries have sent remittances to their relatives’ Bkash account over six and a half lakh times. This facility of sending remittances through legal channels via mobile wallets of money transfer organizations (MTO) or agent points at their convenient time is gradually gaining trust and popularity among expatriates. Meanwhile, the relatives of expatriates living in the country are receiving the full amount with a government incentive of Tk25 per Tk1,000 instantly.

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