Bangladesh has one of the highest costs for remittance transfers among the least developed countries (LDCs), with the average transaction cost of sending remittances to the country standing at 7-8 percent.

Last month, remittance inflow was 15.34 percent higher year-on-year

Bangladesh’s overseas employment market faces growing risks of shrinking amid the war in the Middle East, the largest destination for migrant workers from the country.

Remittance hit $3.75 billion in March, the highest on record, giving a respite amid deepening worries over the ripple effect on Bangladesh’s struggling economy due to the US-Israel war on Iran.

The cancellation of 222 flights and suspension of six Middle Eastern routes over the past five days is likely to put a heavy burden on Bangladesh’s labour market and the economy.

Bangladesh recorded its highest remittance inflow for any February in at least seven years last month, as expatriates sent home more money ahead of Eid-ul-Fitr, one of the largest festivals for Muslims.

Conventional banks continued to dominate remittance inflows between November 2023 and November 2025, even as Islamic banks recorded a noticeable recovery in market share over the past year, according to a recent Bangladesh Bank (BB) report.

What we need is a unified digital ecosystem.

Bangladesh's remittance earnings climb, fuelled by informal market shift

The biggest source of all the remittance received by Bangladesh last November was the US, according to the latest report of Bangladesh Bank (BB)..Moreover, Dhaka secured the lion’s share of the foreign currencies..Bangladeshi migrants sent home $2,199.99 million in November. Of it, $

Bangladesh’s migrant workers sent home Tk 1,101.8 crore in remittances through mobile financial service (MFS) providers in August, marking the highest monthly receipts through digital channels in the past five years.

After hovering around the $21-billion mark for the previous two fiscal years, total remittances sent home by Bangladesh’s migrant workers reached nearly $24 billion in the just concluded fiscal year of 2023-24, providing some breathing space amid the forex crunch.

Remittance inflow to Bangladesh fell 5.86 percent year-on-year to $1.97 billion in July, central bank data showed today.

Supported by remittance, the families of Bangladeshi migrant workers are playing a crucial role in developing the country’s rural economy by not only purchasing goods, but also investing in different small-scale income generating opportunities, according to experts.

From BNP rally to World, here's everything you need to know.

Nearly 8 lakh migrant workers went abroad in the first 10 months of the current fiscal year, comfortably exceeding the numbers a year ago, a development that bodes well for Bangladesh as it could pave the way for higher remittance earnings.

The remittance flow to Bangladesh is projected to decline by 22 percent due to the economic crisis induced by Covid-19 pandemic and shutdown, according to a World Bank report.

The remittance may reach USD18.19 billion with an increase of 17.05 per cent in the end of this year if its flow continues, according to a latest report.

The month of May saw a record amount of remittance flow for a single month as expatriate Bangladeshis sent $1.75 billion to ensure