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CoolingFirst seen 10/7/2026

Remittance sending cost has increased

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Part of an ongoing story

Bangladesh Remittance Inflow

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AI summary3 sources · 5 articles
The cost of sending remittances to Bangladesh through banking channels from abroad has increased for expatriates. Within a span of three months, the average cost to send 1,000 dollars increased by 40 cents to 18.20 dollars.
  • In the April-June quarter of the current year, the average cost of sending 1,000 dollars in remittances was 18.20 dollars.
  • In the previous January-March quarter, the cost to send the same amount was 17.80 dollars.
  • The cost of sending 1,000 dollars in remittances increased by 40 cents in a span of three months.
  • Remittance sending costs are increasing due to rising service fees of foreign banks and exchange houses, various fees and taxes, and fluctuations in dollar exchange rates against various currencies.
  • Compared to larger amounts, the cost for expatriates is relatively higher when sending smaller amounts of remittances.
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Timeline

  1. Oct 7News emerged that the cost of sending remittances for expatriates has increased. · 2 articles
  2. Oct 8Increased remittance sending costs raised concerns of hundi and big risks. · 2 articles
  3. Oct 9It was reported that the impact of the increased remittance cost will be multifaceted. · 1 article

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