$1.53b remittances received in 19 days of October

Expatriate Bangladeshis sent around US1.53 billion in remittances during the first 19 days of October in the fiscal 2024-25 (FY25).

On average, daily remittances stood at $80.70 million, according to Bangladesh Bank (BB) data published on Monday.

In the first 19 days of October, Bangladesh received $1.53 billion in remittances. During the same period of September, the expatriates sent $1.47 billion.

Out of the total remittances received by October 19, over $400.80 million came through state-owned banks, $78.10 million through a specialised bank, $1.04 billion through private banks, and $4.01 million through foreign banks.

Data from the Bangladesh Bank also indicates that the country received a total of $546 million in remittances from October 13 to October 19, $561.90 million from October 6 to October 12, and $ 424.70 million during the first five days from October 1 to October 5.