No document needed to avail cash incentives for remittance over Tk5 lakh
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SUNDAY, JULY 03, 2022
No document needed to avail cash incentives for remittance over Tk5 lakh

Economy

TBS Report
23 May, 2022, 04:30 pm
Last modified: 23 May, 2022, 08:49 pm

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No document needed to avail cash incentives for remittance over Tk5 lakh

TBS Report
23 May, 2022, 04:30 pm
Last modified: 23 May, 2022, 08:49 pm
No document needed to avail cash incentives for remittance over Tk5 lakh

The Bangladesh Bank (BB) has relaxed the requirement for availing 2.5% cash incentive for inward remittances over Tk5 lakh.

From now on migrant workers can get the incentives without submitting any documents, said a circular of the banking regulator today.

Earlier remitters needed to submit remittance related documents.

This new facility will be available until further notice, the circular adds.

Bangladesh received $2.09 billion in remittances in April, the highest amount in a single month of the current fiscal year.

Top News

Remitance / incentive / Bangladesh Bank (BB)

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