Expatriates remit $18.49b in eight months

Bangladeshi expatriates sent $2.52 billion in remittances in February 2025, marking a 25 percent year-on-year growth compared to February 2024, when the figure stood at $2.02 billion.

 

From July 2024 to February 2025, the total remittance inflow reached $18.49 billion, compared to $14.93 billion during the same period in the previous fiscal year—an increase of 23.8 percent.

 

Bangladesh Bank spokesperson and Executive Director Arif Hossain Khan made disclosure on Sunday.

Monthly Breakdown of Remittances in FY 2024-25:

 

July: $1.91 billion

 

August: $2.22 billion

 

September: $2.4 billion

 

October: $2.39 billion

 

November: $2.2 billion

 

December: $2.64 billion

 

January: $2.19 billion

 

February: $2.52 billion

 

According to the central bank, remittance inflows saw a notable rise following the political transition on August 5, 2024.

Arif Hossain Khan attributed the growth to expatriates increasingly using banking channels to send money home, incentivised by instant bonuses and secure transactions.

 

“The central bank always encourages remitters to send their hard-earned money through secure banking channels,” he said.