Bangladesh receives highest remittance from UAE in April

Bangladeshi expatriates sent home 2.04 billion US dollars ($204.30 crores) in remittances in April this year, according to central bank data.

Most of the remittances came from Middle East countries, where the United Arab Emirates was at the top of the list.

UAE expats sent around 382.81 million US dollars during the period, reports a private television channel report.

The list of top 10 countries includes the United Kingdom, Saudi Arabia, the United States, Italy, Kuwait, Malaysia, Qatar, Oman and Bahrain.

The second-highest remittance came from the United States in April, which was $331.84 million, according to the Bangladesh Bank data.

In March, the expatriate from the UAE also sent the highest amount of remittances of $364.59 million.

According to the data, in April, the country received remittance of $211.27 million through state-owned banks, $97.23 million through specialised banks, $1.72 billion through private banks, and $6.48 million through foreign banks.